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How can I get Zcash for free without investing any money?

avatarit_s_all_assemblyDec 24, 2021 · 3 years ago3 answers

I'm interested in getting some Zcash without spending any money. Is there a way to obtain Zcash for free? I don't want to invest any money, but I still want to get involved in the Zcash ecosystem. What options do I have?

How can I get Zcash for free without investing any money?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One way to get Zcash for free is through mining. You can use your computer's processing power to solve complex mathematical problems and earn Zcash as a reward. However, keep in mind that mining requires a significant investment in hardware and electricity costs. It may not be completely free, but it's a way to earn Zcash without directly spending money on it. Just make sure to do your research and calculate the potential profitability before diving into mining.
  • avatarDec 24, 2021 · 3 years ago
    Another option to get Zcash for free is through faucets. Zcash faucets are websites or apps that give away small amounts of Zcash for completing simple tasks or captcha. While the amounts may be small, it's a way to accumulate Zcash over time without investing any money. Keep in mind that the rewards from faucets are usually very low, so don't expect to get rich from them. It's more of a way to get started and familiarize yourself with Zcash.
  • avatarDec 24, 2021 · 3 years ago
    At BYDFi, we offer a unique opportunity to earn Zcash for free through our staking program. Staking involves holding Zcash in a wallet and supporting the network's operations. In return, you earn staking rewards in the form of additional Zcash. It's a way to passively earn Zcash without actively trading or investing. However, staking does require you to hold a certain amount of Zcash and lock it up for a specific period. Make sure to check out our staking program for more details on how to participate.