How You Can Earn Crypto on Telegram
Over the past few years, Telegram has evolved from a mere messaging app to a full-fledged blockchain ecosystem. Many people are now earning crypto on Telegram through giveaways, airdrops, and playing free games.
However, even though the idea sounds simple, finding legitimate ways to earn crypto can be challenging. This is because some crypto projects and games advertised on Telegram are scams targeting unsuspecting users.
In this guide, we explore how you can earn crypto on Telegram. In addition, the guide will include tips to help you spot scams.
Airdrops and Reward Campaigns
Airdrops and giveaways are among the most popular and legitimate ways people earn crypto on Telegram. Crypto projects looking to build a community start by rewarding early adopters with free coins.
Also, Telegram users may earn free rewards for completing certain tasks. For example, you can earn free crypto coins by joining the crypto project’s Telegram channel. You can also earn free coins for promoting the new project on your social media accounts.
Earn Crypto on Telegram with Referral and Network Marketing
A Telegram channel may offer free coins based on referrals. How this works is you get coins for joining the group and additional rewards for any new member who joins the channel using your referral link.
Unlike airdrops and giveaway campaigns, referrals aren’t a sustainable way of earning crypto on Telegram. You will lose commissions or rewards if the people you refer sign up for the project and then leave shortly after.
Click-to-Earn Games
You can earn crypto on Telegram by playing click-to-earn games. Instead of winning in-game coins, which cannot be used outside the game, players are rewarded with free cryptocurrency.
You can also get free coins from watching ads that appear in the game. Users can trade the coins on flpp.io or HODL them. However, some click-to-earn crypto games have been exposed as scams, promising but not delivering large returns or gifting worthless coins.
What You Should Watch out for Before You Earn Crypto on Telegram
The idea of earning crypto on Telegram can be tempting. However, you must do your due diligence to ensure you don’t fall victim to scams. Imagine spending hours tapping on your screen playing tap-to-earn games only to realize that the earned coins are worthless.
- Pump and Dump Schemes
These are very popular and are often marketed by social media influencers and popular figures. Many people, due to a fear of missing out, sign up for the project to earn airdrops. Once the coin hits its peak value, the creators sell their coins and jump ship, leaving you HODLing coins with almost no value.
- Phishing Bots
How these work is with the promise of free coins to users. However, to receive the coins, they ask you to “pay a small fee” to claim your airdrop. In the end, they steal your crypto fee or connect to your crypto wallet and steal all your coins.
Wrapping up
There are a few legit ways that you can earn crypto on Telegram. However, you must stay vigilant and do your research to avoid getting scammed. Always take your time and do some digging around to learn more about the project before signing up.
