Instars is the latest platform that allows you to earn cryptocurrencies through micro-tasks in a way that protects your privacy.
Until recently, the majority of new cryptocurrency users have had to enter the ecosystem by purchasing or mining crypto. These methods were relatively more accessible in the past making them great ways to onboard new users.
Moving forward, cryptocurrencies need to become more accessible to new users. This has led to an increase in platforms that allow new users to earn digital currencies.
Instars is a new platform that enables you to earn cryptocurrencies by completing micro tasks in an environment that doesn’t compromise user data.
Insights-Network built the platform to create opportunities for users to benefit from their own data. INSTAR token is the native digital asset on the platform in which all earnings get paid.
How Instars Works
To use Instars, you will have to sign up by providing your email address and generating a password to protect your account. You immediately receive a confirmation email before you proceed.
After signing up successful, you will have to provide your details to fill your KYC requirements. This includes entering general information about yourself and providing a valid national identification document.
This step is required if you want to enjoy the full experience on the Instars platform.
How To Earn Crypto On Instars
Currently, there are four main ways to earn cryptocurrency on Instars. You can earn by sharing your Experiences, referring others, and completing surveys and quizzes at the Instars Lab.
Experiences (Receipt Capture)
Instars rewards you for sharing experiences by providing reviews of the places you visit. This works through the receipt capture feature. The two-step process requires you to take a picture of your receipt after purchasing a product from a place and writing a review on your experience at that particular place.
For instance, if you visit a coffee shop. You can capture the receipt and write a review hon the coffee shop to earn some cryptocurrency. You can upload up to 3 receipts and reviews per day on Instars.
Surveys
You can also earn cryptocurrencies by completing surveys on Instars. The amount of tokens you receive after completing a task depends on the targeted audience set by the maker of the survey.
Users can create their own surveys on the platform and add an incentive which will be deducted from your balance as the creator of the survey.
Referrals
You can also earn some cryptocurrency when you refer new users. You will receive 10 INSTAR tokens every time you refer an individual who completes at least three tasks.
To identify your referral code, navigate to the Invite Friends tab at the menu bar. You can then copy your link and share it with your friends.
Instars Lab (Learn)
Instars Lab is a portal that provides videos that educate you about cryptocurrencies. You can earn INSTAR tokens while you learn by completing quizzes at the end of every lesson.
Currently, this feature is still being worked on and will be available in 2020.
With more people expected to enter the cryptocurrency ecosystem in the coming months, platforms like Instars are really essential in onboarding more users. Join Instars now to EARN Crypto.
This post is a sponsored publication. Do Your Own Research.
The post Instars – Earn Crypto While You Protect Your Privacy appeared first on BlockNewsAfrica.
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