Obviously the world of cryptocurency changes rapidly, so here’s an update:
NRG
The Energi earndrop closed almost immediately after I posted previously, sorry about that. There’s a competition onKuCoin play that’s still open though, and you can score some free NRG so sign up to KuCoin here if you haven’t already and then join the competition. That should enable you for the KuCoin play competition (more competitions avaiable than just NRG!) but if it doesn’t send me your email and I have a direct-injection invite method.
NRG is actually working really well for me – I’m not just waiting for the earndrop, I have invested and am getting about a 4% monthly return in additional coins. That’s an insane level of return, but as with all cryptocurrencies that’s subject to the risk of the coin price going down. Lately it has had a dip which makes now a better time to buy in than last month!
I have some technical notes I need to write up on how to monitor your staked NRG on a VPS, but that’s another article.
HEX
If you’re a Bitcoin holder, this is a critical one to watch. You can get a proportionate amount of HEX based on how much BTC you register (you need it in a private wallet that you control the keys for, not an exchange). The neat thing is that it has a staking program, and even better unclaimed coins (Satoshi’s unclaimed stash anyone?) get distributed to holders after 50 weeks. So basically all the incentives are there to hold the price up and reward saving vs dumping. Claiming happens in late September or early October (update – actually December) so bookmark this page so you can claim on day 1! Every day you don’t claim a tiny portion of your unclaimed coins go to those who have claimed – get in early!
MWC
MimbleWimbleCoin (MWC) – this one closed but doesn’t distribute until later this year. Like HEX it was based on how much BTC you claimed. The thing I like about forks is that unlike airdrops which are limited in how much you get (unless you refer a bunch of people) with forks you can get more by having more Bitcoin, which means it’s an extension of your investment.
This is a little different – it’s a wallet, and exchange, a bank… all rolled into one. With cashback, signup bonuses, and good interest rates.
When you deposit cryptocurrency with Crypto.com, you can earn 2% / 4% / 6% for your floating / 1 month lock / 3 month lock deposits. That’s a pretty amazing way to turn your long-term Bitcoin holdings into more Bitcoin, regardless of the BTC price.
Possibly better, if you’re also holding fiat, is that you can earn 6% / 8% / 10% on stablecoins (like USDC) so instead of 0.15% that your bank offers, you can get 10% for just locking down for three months.
Even better, if you hold 500 MCO you can get an additional 2% on all of those categories, topping out at 12% interest on your stablecoins. That’s pretty amazing. And then they pay 6% on those 500 staked MCO coins.
There’s enough at Crypto.com for two articles here, but hopefully you see it’s interesting enough to check out.
Special bonus – if you “stake” (lock down) 50 MCO, both you and I get $50 worth of MCO when you sign up right here. What’s more, when you have 50 staked MCO you can get the Ruby debit card that gets you 2% cash back on every purchase, and reimburses you for a Spotify subscription.
Also, don’t forget to checkout my previous post about free cryptocurrency options, including about $45 from Coinbase (instantly after watching videos, it’s well worth it)
Disclaimer: when you click on my links I might get a little extra bonus too – and so do you if you share with someone else afterwards. It pays to share the love.