If you are reading this article, then you must be like me and love to earn cryptocurrency for free.
I’ve been receiving a lot of questions lately about one very popular cryptocurrency called Shiba Inu and how to earn this for free.
Hence, I’ve decided to make a guide on how to earn Shiba Inu for free to help you find the legit ways to earn this cryptocurrency without investment.
In this guide, I’ll first explain what you need to know about this specific coin/cryptocurrency and then which good platforms offer this as a reward. I’ll also include a brief summary of each platform so you’ll know what to expect and can easily choose the right options for you.
All the platforms in this guide are legit and free to join. So, you’ll essentially be earning Shiba Inu without any investment at all. All you need is a bit of time and some effort.
What is Shiba Inu, and should you earn it?
Before we talk about the platforms you should join, let’s discuss what this coin is so you’ll have a better understanding of this cryptocurrency.
Shiba Inu is an Ethereum-based cryptocurrency (the proper term is altcoin – or in this specific case actually a meme coin) that is inspired by the breed of a Japanese hunting dog.
This is not to be confused with Dogecoin, which is another popular altcoin that actually uses the image of an actual Shiba Inu dog. So, to be clear, Dogecoin and Shiba Inu are two different meme coins.
Now, the question is, is it really worth earning Shiba Inu? The answer to this question will really depend on your preference. But I do have to say this, while 1 Dogecoin technically has more monetary value than 1 Shiba Inu, the latter’s monetary value has skyrocketed in the past year.
So, in terms of potential, Shiba Inu has more potential than Dogecoin, in my opinion. But take this advice with a grain of salt because there’s really no guarantee in the world of cryptocurrency. You can’t really predict what will happen because the market is so volatile.
I will say right now, though, that both Shiba Inu and even Dogecoin are still considered speculative investments – especially because they are meme coins.
So, there’s really no guarantee you can earn from them in the long run. But since you won’t really need to invest any money to get Shiba Inu, I would say the answer to the above question of whether it is worth earning is YES.
You can potentially earn good money if Shiba Inu’s monetary value keeps increasing. It can be worth the risk, in my opinion – but that is a personal choice you have to make, and you should be aware that you might also risk losing the money instead.
Also, you should only do it, if you do not need to earnings here and now. If you want sure money here and now, you should go for sites that pay via PayPal instead.
Fake sites to be aware of
Before we talk about the actual platforms, let’s discuss one important thing you need to be aware of. There are plenty of scams and fake sites out there claiming you can earn Shiba Inu for free.
These sites, in my opinion, are a complete waste of time, and you should definitely avoid joining them. But how can you spot these sites? Well, the best way to figure out if a site is fake or a scam is to ask this question, “Is it too good to be true?”
If the answer to this question is YES, then I would definitely say you should avoid them. The realistic way of earning Shiba Inu without investing any money is to join Get-Paid-To (GPT) sites. However, very few worthwhile GPT sites actually pay you directly in Shiba Inu coins.
But, there’s a step you can do which will essentially convert your earnings from GPT sites to Shiba Inu coins, and later on, I will discuss how you can do that.
6 best sites to earn Shiba Inu for free
Now that you’ve been briefed on everything about the coin, it’s time we discuss the best sites/platforms you can join. Take note that these aren’t the only sites/platforms you get Shiba Inu for free. Instead, these are, in my opinion, the ones that are really worth your time.
All these sites/platforms are legit and free to join as well. And if you’ve got enough time, I would recommend you join all so you can gain access to more earning opportunities. I will keep updating this guide if I find new sites/platforms to join.
So, make sure to bookmark this page and check on it from time to time for new opportunities.
#1 – Timebucks
In terms of popularity, Timebucks is one of the most popular GPT sites out there today. The reason for this popularity is the abundance of earning opportunities it offers. You can earn by answering surveys, watching online slideshows, watching videos, taking paid offers, solving captcha, do social media tasks, and a lot more.
It also has a relatively low payout threshold of $10 and once you reach it, you can withdraw your earnings in various ways. You can withdraw your earnings to your bank account via Transferwise, or you can withdraw them via AirTM, Neteller, Skrill, or Payeer. You can also convert your earnings to Bitcoin or Litecoin.
It is also available more or less worldwide. So, you can sign up as a member regardless of where you live.
#2 – Freecash
Another GPT site that you can join that offers plenty of ways to earn is called Freecash. This site will allow you to earn by answering surveys, completing short tasks, and inviting other people to join the site. Aside from that, you can also claim a daily bonus.
Freecash also offers multiple payment methods like PayPal, gift cards, and cryptocurrencies (this is the important thing you need to look for). Its payout threshold will only be $5 for PayPal. For cryptocurrencies, you will only need to earn at least $0.25, which is a very small amount.
The site is available worldwide, so you can register as a member regardless of where you live.
#3 – Cointiply
Cointiply is a GPT site that will only pay you with cryptocurrency. It is not a site where you can earn cash. But since what we are looking for are sites that will allow you to earn cryptocurrency, then this is a perfect fit for you.
And like with most GPT sites, it is available globally. So, you shouldn’t experience any problems signing up as a member.
#4 – Peer2Profit
Peer2Profit is a unique GPT site where you will be able to earn effortlessly since it offers a passive earning opportunity. To earn from this site, you just have to install their software on your Windows or Linux computer. You can also just use their mobile app, but it will currently only work with Android devices.
Their software will do all the work for you. What will happen is, Peer2Profit will share your unused internet bandwidth with their clients and you will, in turn, receive compensation.
You can get paid in various cryptocurrencies once you’ve earned at least $2. That’s a very low payout threshold, in my opinion. So, you shouldn’t have a hard time reaching it.
Peer2Profit is available globally. So, you can sign up as a member regardless of where you live. Just keep in mind that you need a high-speed internet connection to be eligible to join.
#5 – Lootup
Lootup is actually the only worthwhile GPT I have come across that offers Shiba Inu as a reward directly.
You can earn on the platform in many ways. You can take paid surveys, find paid offers, participate in free contests, watch videos, and more.
Once you have earned $5, you can withdraw your earnings as Shiba Inu or a few other cryptocurrencies.
If you prefer cash payments once in a while, you can withdraw via PayPal already when you have earned $1.
#6 – Honeygain
Honeygain is also a unique app where you can earn extra money for sharing your unused internet bandwidth. All you have to do is install their software or mobile app and set it up. Once it is configured according to your preference, you can just sit back and wait until you’ve earned enough to withdraw your earnings.
Their software will work with Windows, Mac, and Linux computers. So, it’s a pretty versatile software. As for their mobile app, it is compatible with both Android and iOS devices.
You can get paid in cash or Bitcoin as long as you’ve earned at least $20. If you prefer cash, you can withdraw your earnings via PayPal. For Bitcoin withdrawals, any crypto wallet will do. If you want to get paid immediately, you can also choose to get paid in the more unknown crypto called JumpToken.
Honeygain is available globally. They don’t really care where you are from. As long as you have a high-speed internet connection, you are eligible to join.
Converting cryptocurrencies to Shiba Inu
The next step I mentioned earlier is converting all your cryptocurrency earnings to Shiba Inu if you earned them on one of the sites that do not offer it as a direct reward.
It’s not a complicated process if you are already used to dealing with cryptocurrency. But if you are new to this, it will take some getting used to, but if you just follow the steps below, it will be very easy.
So, let me explain what you need to do.
Step 1 – Withdraw your earnings
It is important to note that if you want to get paid in cryptocurrency from any of the sites mentioned above, you must have a crypto wallet first. So, before you sign up for any of the sites above, make sure you’ve got this covered first.
And speaking of crypto wallets, one such platform I use is called Crypto.com. This site, at its core, is a cryptocurrency platform with many different options, and you will also get free wallets for a lot of cryptos when you join (including a Shiba Inu wallet).
So, every time you earn cryptocurrency from any of the sites above, just withdraw it to your Crypto.com account. Just copy your Crypto.com Shiba Inu wallet address and paste it into the appropriate field when you are withdrawing your earnings from any of the sites above.
I just want to make it clear that you can use any Shiba Inu. I am just often asked to give specific examples, and the wallet above is one I often use, but you can also use others if you prefer.
Once you’ve withdrawn your earnings, you can now proceed to step 2.
Step 2 – Converting your cryptocurrency
The next step is to convert your cryptocurrencies to Shiba Inu. To do this, just go to the Trade section of Crypto.com and choose the cryptocurrency you just received from the sites mentioned above.
Then, just press the Buy option and select Shiba Inu. Now, not all cryptocurrencies can be swapped directly to Shiba Inu. You need to go through an additional step which is to convert your earned cryptocurrencies to Tether (USDT), which is essentially a digital version of the US dollar.
Once you’ve converted your cryptocurrencies to USDT, you can then use it to buy Shiba Inu. That’s all there is to it. As I’ve said, it can take some time to get used to it, but it is not difficult at all once you have just done it a couple of times, and you can actually do it on other cryptocurrency trading platforms and not just on Crypto.com as long as they offer Shiba Inu.
Tip – Growing your Shiba Inu passively
As a bonus, here’s how you can grow your Shiba Inu coins passively. You also have to use Crypto.com again. It has a feature called staking, where you can put your holdings into a kind of savings account you can call it. Then you can start earning interest on your Shiba Inu coins in order to earn interest.
The percentage of the interest you will earn will be between 0.5%-5% depending on whether you want to lock your holdings for a certain time or not and depending on your membership level of Crypto.com.
Since it is a passive form of earning, it’s a pretty good option, in my opinion. What essentially happens is that your Shiba Inu will be used to help verify transactions in the blockchain. That’s all that happens in staking really.
And as compensation, you will get paid a small amount of Shiba Inu coins weekly according to their annual interest. You can select how long you will place your Shiba Inu coins in staking. They offer three options – flexible, 1 month, and 3 months.
The 3-month option offers the highest interest rate, while the flexible option offers the lowest. But the good thing about the latter is that you can stop the staking anytime you want. So, it’s up to you how long you want to place your Shiba Inu coins for staking.
Final Thoughts
So there you go. That’s how you are able to earn Shiba Inu for free. You just have to join all of the sites I’ve mentioned above. They are all legit and free to join. All you need to invest is your time and some effort.
And as I’ve explained earlier, I would recommend you join all the sites to gain access to more earning opportunities and therefore earn more.
The conversion of various cryptocurrencies can take some getting used to, but after you’ve done it a couple of times, it will become fairly simple moving forward.
If you have any comments, questions, or know of other sites where you can earn Shiba Inu for free that are not on the list, I would love to hear from you in a comment below.