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How to Get Free Crypto
How to Get Free Crypto:
Mining Crypto on Your Cell Phone and Staking with Companies
Hey everyone! Are you interested in earning free cryptocurrency? Today, I'm going to show you how to get started by mining Pi on your cell phone and staking your crypto with various companies. It's super easy, and I'll explain everything in simple terms.
What is Pi Crypto Coin?
First, let's talk about Pi. Pi is a new cryptocurrency that you can mine using your cell phone. It's designed to be user-friendly and accessible to everyone, even if you don’t have expensive equipment. The Pi Network, created by a group of Stanford graduates, lets you earn Pi coins just by using the app on your phone.
How to Start Mining Pi on Your Cell Phone
Download the Pi Network App
Go to the App Store (if you're using an iPhone) or Google Play Store (if you're on Android) and download the Pi Network app.
Create an Account
Sign up with your phone number or Facebook account. Make sure to use your real name because Pi requires user verification.
Enter an Invitation Code
Use the invitation code "moonvaly" to start mining.
Start Mining
Once you’re in, press the "mine" button. This kicks off the mining process, and you’ll earn Pi coins every 24 hours. The best part? The app doesn’t use much battery or data, so you can mine in the background without worrying.
Check in Daily
To keep mining, open the app and press the "mine" button once every 24 hours. This keeps your account active and earning Pi.
Staking: Earning More Crypto by Holding Coins
Now that you're mining Pi, you might want to earn even more by staking other cryptocurrencies. Staking means holding a certain amount of cryptocurrency in a wallet to support the network and earn rewards.
How to Start Staking
Choose a Staking Coin
Not all cryptocurrencies support staking. Some popular staking coins include Ethereum 2.0, Cardano (ADA), and Polkadot (DOT).
Select a Staking Wallet
Use a wallet that supports staking for your chosen cryptocurrency. Many official wallets, like the Cardano Daedalus wallet, offer staking features.
Join a Staking Pool
Staking pools let you combine your coins with other stakers to increase your chances of earning rewards. Many wallets have built-in options to join staking pools.
Stake Your Coins
Once your coins are in the staking wallet, choose the amount you want to stake and start the staking process. The more coins you stake, the higher your potential rewards.
Earn Rewards
Over time, you’ll earn rewards based on the amount you’ve staked and how long you’ve been staking.
Companies That Offer Staking Services
Several companies make it easy to start staking. Here are some popular options:
Binance
A major cryptocurrency exchange that offers staking services for various coins.
Coinbase
Another popular exchange with staking options for Ethereum 2.0 and other cryptocurrencies.
Crypto.com
Provides staking services with competitive rewards for multiple cryptocurrencies.
Earning free cryptocurrency through mining Pi on your cell phone and staking with companies is a fantastic way to get involved in the crypto world. The Pi Network makes it simple to start mining without expensive equipment, and staking allows you to earn additional rewards with your crypto holdings. Follow the steps I've outlined to begin your journey in the exciting world of cryptocurrency. Remember to always do your research and consider the risks involved before getting started.
Thanks for watching! If you found this video helpful, be sure to like, subscribe, and hit the notification bell for more crypto tips and guides. Happy mining and staking!
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