Convert your
Points into Free
Algorand

Earn Algorand Coins For Free

Algorand is perhaps the world’s first permission-less, open blockchain protocol. 

Founded by Silvio Macali, Algorand was primarily created to solve the famous Scalability Trilemma, which states that a strong decentralized platform can neither achieve scalability nor security. Macali strongly argued against the idea of choosing only two out of the three (scalability, decentralization, and security). Hence, the birth of Algorand. 

Since then, Algorand has become one of the best-funded cryptocurrency projects by raising over 130 million dollars between its private and public sales of ALGO in 2018 and 2019.

Let’s dive into what makes Algorand one of the most lucrative investments you can make. Furthermore, let’s discuss how you can get Algorand coins in a 100% secure way without spending a single cent. Interested so far? Read on below.

What is Algorand?

Algorand was launched in June 2019 and enabled its smart contract functionality later with its 2.0 upgrade. 

In a nutshell, Algorand uses smart contracts to execute transactions automatically. Its main goal is to overshadow slow and costly methods of transactions. How does it accomplish this mission? 

First, you have to understand that Bitcoin and other cryptocurrencies use mining-based Proof-of-Work algorithms. With Algorand, it uses a unique consensus mechanism called Proof-of-Stake which can process 1,000 transactions per second without sacrificing security and decentralization.

Algorand’s main attraction to developers and investors alike is its transparency. Similar to how open-source software works, small business owners, investors, even large corporations can access its permissionless blockchain. 

Which leads us to our next point: Is Algorand a good investment?

Is Algorand a Good Investment?

Having an 11 billion dollar market cap, Algorand crypto is the 20th biggest digital blockchain asset in the crypto world. After all, it is a rare blockchain platform that guarantees decentralization, scalability, and security一the problem most blockchains find impossible to solve. 

On top of it all, Algorand boasts of a fast-growing economy of projects. This continuous push for new developments signals to both developers and investors alike that it is a blockchain people use. It is a 100% guarantee that the project value can never go to zero which makes this particular safety net highly attractive to long-time holders.

Another thing that makes this crypto coin interesting is its availability on multiple exchanges. Not only does this boost the coin’s credibility, but it also shows that Algorand is pretty liquid with little chance of price manipulation.

How to Get Free Algorand Coins

If you are a beginner at cryptocurrencies and have no idea where to get started, the most straightforward way of getting Algorand coins is through purchasing. It is listed in most exchanges such as Binance, MXC, and Bit Z. 

However, buying them can be expensive while mining is currently impossible to do. 

Now, we know what you are thinking. One quick search of “free Algo” online can pull up a bunch of websites promising free coins for nothing in return. The rule of thumb here is: if something is free, you are probably the payment. 

Never trust these scam websites or you may end up getting hacked. Instead, opt to work with reputable rewards sites such as FreeCryptoRewards where you can earn Algorand coins in exchange for doing simple online tasks that take less than five minutes. 

You earn points after watching a video, answering a survey, and completing offers. To get even more points, you can invite friends as well. Then, easily trade these points for Algorand coins which will be deposited to your crypto wallet via Coinbase.com. 

Not only can you trade these points for Algorand, but you can also opt to get cash or other available cryptocurrencies like Tezos and BAT coins, to diversify your portfolio.

Claim Your Algorand Coins Today

It is never too late to start investing in crypto. While it may be tempting to turn to these websites that promise an endless supply of crypto coins, it is not worth the hassle of dealing with identity theft, hacks, and other possible cyber attacks. 

With FreeCryptoRewards, you have a 100% secure and legitimate way of getting Algorand coins without having to spend any money. You can jumpstart your crypto journey at virtually zero risk.

Create your account for free at FreeCryptoRewards and start earning Algorand crypto today!