You can earn free XLM in the following ways: mining, faucet, surveys, games, referrals, watching ads, and airdrops. Let’s check them one by one!
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Table of Contents
1.Mine Stellar Lumens
Stellar uses the Stellar Consensus Protocol (SCP) instead of the Proof of Work (PoW) and, unlike most cryptocurrencies such as bitcoin, Stellar Lumens (XLM) cannot be mined.
In fact, 100% of XLM tokens were issued entirely at the time of their creation.
When the Stellar Network came into operation, 100 billion lumens were created and, in the first five years, the supply of lumens also increased by 1% per year.
This amount of Lumens was distributed as follows:
- 50% was given to users who subscribed by invitation received by members or participating in a Meetup organized by the Stellar Foundation.
- 25% was donated to partners and distributed to companies, governments, institutions and Ngos that contributed to the growth and adoption of Stellar
- 20% was given to Bitcoin and Ripple holders. The Lumens were divided into two draws: one in October 2016 and the other in August 2017. During these events 19% were distributed to Bitcoin users and 1% to Ripple users.
- 5% was reserved for the operational expenses of the Stellar Foundation.
Now there are around 50 billion lumens in total, and almost 20 billion XML tokens are on the open market and no more lumens will be created. The Stellar Development Foundation has decided to withhold the remaining 30 billion to develop and promote Stellar.
2. Stellar Lumens Faucet
A Stellar faucet is an app or a website that distributes small amounts of Stellar as a reward for completing easy tasks. They’re given the name “faucets” because the rewards are small, just like small drops of water dripping from a leaky faucet. The purpose of a Stellar (XLM) faucet website is to introduce new people to the Stellar world by giving XLM for completing simple tasks. You will just wait for a timer and click on get your reward.
Like most cryptocurrencies, Stellar XLM has seen major price spikes and valleys. According to CoinGecko, the lowest price a lumen ever reached was in March 2015, when they were worth $0.00047612 each. Stellar’s highest price came on Jan. 3, 2018, when a single lumen was worth about $0.87.
Although prices bottomed out a bit following that time, they have climbed back strongly in 2020 and 2021. Based on information from CoinDesk, the current market capitalization of XLM is around $40 billion.
Xfaucets
xfaucets.com is a perfect solution for people who want to earn free XLM with little to no efforts. High paying, easy and fun faucet – happy to make money! The claimed amounts are credited to your iCoinPay.com account.
BitPaye
Claiming free Stellar is very easy with BitPaye XLM Faucets. Click Claim, pass the robot recaptcha and get your free XLM reward. Wait for a timer for your next reward. Meanwhile, BitPaye crypto Faucets support 10 types of cryptocurrencies and different coin swap. You can swap other crypto coins you earn with Faucets to Stellar (XLM) and withdraw. The minimum withdrawal requirements of BitPaye XLM Faucets are extremely low. Earn and get instant paid to iCoinPay or FaucetPay now!
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TrustDice
Free XLM website to earn Faucets without any investment, registered users can easily upto 1 Stellar if they will claim every faucets on site plus they will have to Invite a lot of members on this website in order to claim Upto 1 Stellar but no doubt 100 percent legit website to claim free cryptocurrencies in XLM.
BetFury
If you are finding Stellar earning sites so, you can create your account on this website that you gives you Free XLM every 20 min. you can also refer users on this free Stellar site to earn free Stellars instantly or you can use just by yourself.
BCGAME
Maybe you’re finding Stellar mining sites or a free Stellar generator, best free XLM generator, free Stellar generator online so, you can create your account on this website to get free Stellar now, plus you can Get 1 daily Free Spin and win up to 1 XLM so, below is a link for registration and if you don’t wanna start using free Stellar mining sites no deposit without reading reviews so, plus read review first link is also given below.
LuckyFish
If you’re finding highest paying Stellar games android, Stellar earning games for android so, you can try this one it gives you free faucets in almost very popular crypto-currencies such as Stellar (XLM), etc. that faucet you use to play any of available games the best thing is they have android app so, you can easily play games on your android smartphone to win free Stellar. you can download the android app after creating an account on website link is given below.
Cryptogames
Playing Cryptogames can let you win free crypto-currencies such as Stellar, etc. This website offers you free Stellar Faucet that you can use to play Crypto Games. if you’re worry about if it is scam or legit? so, you can read review to know more about this website link is given below then you can create your own account to earn XLM Faucet.
3. Completing Surveys
One great thing about doing paid online surveys is that you don’t need to spend anything to earn XLM. It turns out that companies are willing to pay money, just for your opinions. With your valuable feedback, companies can improve and develop better products and services. In return, they will compensate you directly for your time.
4. Playing Games
The cryptocurrency game industry is worth billions of dollars because blockchain technology enables real irreplaceable token (NFT) transactions. There is even a digital economy to pay for your games! By playing games to earn XLM in this way, they can obtain some currency in the game, which can be used to buy NFT in the future, or directly transfer to the cryptocurrency wallet, and sell or trade tokens or currencies that can be used for real payment. This is how players get lm by playing these encrypted games, and it is also one of the main motives for players to actively participate in these games. That’s why the popularity of “game win money” games has increased so much.
5. Referring Friends
One of the best ways to earn XLM is to use a recommendation plan. Many of these websites offer referral programs, which you can use to pay for recommending your friends to use the products or services you have used. If you don’t have your own website or blog, it doesn’t matter, because there are a large number of recommenders that provide XLM commission to each user who recommends friends.
6. Watching Videos
Getting XLM by watching videos is also a way to get XLM for free. But most costs are low, and you’re still subject to the whims of the encryption market. In return for watching videos and taking tests on cryptocurrency items that list tokens on these platforms, you can earn a small number of tokens. For example, learning how a maker works can get a $6 MKR token, and learning stellar can get an impressive $50 XLM token.
7. XLM Airdrops
You can also participate in an airdrop to earn XLM. An airdrop is the distribution of cryptocurrencies for free as a marketing strategy. In most cases, coin issuers will require people interested in the airdrop to hold a given amount of the token before they can participate.
In 2019, stellar held a two billion XLM airdrop for verified Keybase users. Each month for twenty months, users of this platform received XLM in their accounts. The monthly airdrop was 100 million XLM.
Stellar could launch more airdrops in the future. To earn free lumens through this method, you should stay up to date by joining the stellar community.
You can acquire a stellar wallet now that you know how to get free stellar lumens. Furthermore, you should always research any platform offering free XLM before you start participating. That way you can make sure you don’t fall for any scams.
The most popular Airdrops to win XML son:
Airdrops.io: These Airdrops are only distributed to followers of the Twitter page @airdrops_io and members of the Telegram channel @airdrops_io.
It’s a platform that lets you win XML for free just by running one of these tasks:
- Completing surveys
- Playing games
- Referring friends
- Watching videos
If you want to know the new Stellar Airdrop, I suggest you follow the platform AirdropAlert.com, that informs you about reliable airdrops campaigns to win XML.
As with faucets, participating in Airdrop will certainly not make you rich, as small amounts of Lumens are usually distributed, but it is an easy, fast and fun way to get XML.
Conclusion
In this review, we study seven simple encryption methods that can obtain XLM for free. If you have a good understanding of the concept of XLM, it will be very helpful to understand and understand the above strategy. In a world of uncertain investment, nothing is better than free XLM. For those who do not have additional cash to invest directly in the encryption market or mining XLM, the above plan may be a good choice. It doesn’t sound like a cliche, but who knows how long it will last? Like every new product, encryption platforms are giving something to get new users, but no one says they will be so generous when the market becomes more saturated. If you’re curious about XLM, it’s time to take advantage of it. At the same time, pay attention to who will receive your data. In the future, this data will be more valuable than any asset on earth. Enter the industry as early as possible and trade it for as much value as possible.