Seek Alternatives
Even if you feel like you missed out on Solana, there are always other ways of getting your hands on some free SOL. However, we did let you know about Solana ages ago on this blog, so hopefully, if you are a subscriber you managed to secure some Solana back then. I purchased SOL back at approximately $0.26 in 2020, but even I had no idea it would rally as hard as it has. Anyway, it is a pleasant surprise. If you are wondering what tipped me off to discovering Solana so early on, you might enjoy this article. These factors and dynamics were a clear indicator to me that Solana would eventually receive attention from the market. However, not this much attention but yes I don't mind undershooting.
It is definitely better than overshooting, which is what we as humans tend to do, especially when it comes to Crypto predictions. Well, the best thing to do is to look for free ways to accumulate SOL because you might not want to be buying at these high levels. This is not to say that there is no more upside for Solana in the short and medium-term but knowing how much room is left is rather tricky.
There are traders calling for a top as high as $900, which is definitely not impossible, especially as the entire market is most likely to move significantly higher over the next few months. Either way, earning free Solana is definitely a good option in my opinion.
Daily Earning
Coinpayu recently added SOL as a currency to earn on their platform. Already there are a number of pretty decent withdrawal methods. Earnings are accrued in BTC but can subsequently be withdrawn in any of the coins displayed in the image below.
This is pretty cool as there are actually quite a lot of satoshis on offer on a daily basis. Firstly there is the "Surf Ads" section, which usually offers approximately 30 to 40 ads every 24 hours.
I usually view these ads while I am busy at my desk, so it requires no additional time as such. There are also "Window Ads", "Video Ads", as well as "Offers" available on an ongoing basis. The faucet section is rather unique in that you can claim from 3 faucets every hour, as opposed to one that most other faucets offer. There is even a Cardano faucet, which is quite rare.
Earnings can then be converted to BTC in order to withdraw Solana. Your main balance displays a BTC value but when selecting your withdrawal method, the amount is then converted to the appropriate coin or token. This is a great way to gain at least some exposure to Solana at no expense and may prove to be quite viable for users who choose to maximize this in a bear market.
It is important to note that these platforms operate on a USD base, meaning that when Crypto prices drop, you receive more satoshis per action. There is also the fact that Coinpayu is planning to add content creation to the platform. I find it to be a cool site to visit daily and stack some more free sats!
Withdrawals
The minimum withdrawal is 1000 sats for most coins. Solana is 2000 sats, while BTC, ETH, and ADA range between 7000 sats and 14 000 sats. It is fairly attainable to reach 1000 or 2000 sats in a relatively short amount of time. Withdrawals can take up to 72 hours but are usually received in a day or two, at least in my experience.
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
I totally missed the boat on this one and gradually got back on. I had it on my watch list when it was hovering around $30, doh!!! Thanks for the heads up in the article, I do have Coinpayu account but haven't used it in a while, good time to log back in.