How to Get Free Bitcoin (BTC)

Key Takeaways

• You can earn interest on your investment by lending Bitcoin to others.
• By writing and researching info products about Bitcoin, you can earn yourself some free Bitcoin rewards.
• Airdrops are a great way to earn free cryptocurrency.

Conventional Ways to Earn Free Bitcoin

Bitcoin has increased in price and popularity over the years, earning the best-performing digital currency of the decade. At its current price in the tens of thousands of dollars, it has become a luxury few can afford. Before you look to getting fractions of the cryptocurrency, let's take a glance at some of the ways you can earn free Bitcoins. Most of these processes require no sunk cost, and they can be performed with just an internet-enabled mobile phone.

Bitcoin Lending

Bitcoin lending is a great way to earn passive income. You can earn interest on your investment without doing any work by lending your Bitcoin to others. There are a few different platforms that offer Bitcoin lending services, and each one has its benefits and risks. Before you start lending your Bitcoin, it's important to do your research and choose a platform that's right for you. Typically, most interests are predetermined before the loans are collected, and the loans are often overcollateralized.

When choosing a Bitcoin lending platform, it's important to consider the fees, terms, and risks involved. Make sure you understand how the platform works before you start lending your Bitcoin.

Practicing Bitcoin Trading

Although Bitcoin trading can be highly profitable, it's also risky. Fortunately, there's a way to practice Bitcoin trading without putting any money at risk. Some Bitcoin exchanges offer what's known as a "demo account." This is an account that comes with a set amount of virtual currency, which can be used to place trades on the exchange. Most demo accounts are time-limited, but they provide an excellent way to learn about the mechanics of Bitcoin trading strategy without putting any real money at stake.

Earn Interest on Your Bitcoin Investments

Some platforms like AAVE offer interest when you deposit your crypto coins with them. The platform works like a savings account, and the interest rate can be either fixed or variable, depending on your choice. In general, it differs from old-fashioned banks, and it is not an ordinary deposit with guaranteed APY or APY. Do not forget about it.

Free Bitcoin Through Cashback

One way to get free Bitcoin is through cashback programs. These programs give you a percentage of your purchase back in Bitcoin. For example, if you spend $100 on an online purchase, you may receive $1 back in Bitcoin. Cashback projects are a great way to get free crypto rewards because you can earn it without having to put any extra effort into mining or trading.

Sign-Up Bonuses

Some crypto exchanges give bonuses to users for opening accounts. These can come through periodic lotteries or as bonuses when you have a certain number of registrants with your account link.

Bitcoin Mining Pools

There are dozens of Bitcoin mining pools scattered around the world, each with its own rules and regulations. While some pools require participants to pay a fee, others allow miners to join for free. Regardless of the fee structure, all mining pools share one common goal: to increase the chances of finding a block and earning a reward. When comparing different pools, be sure to consider factors such as fees, minimum payout, and location. By carefully evaluating all of your options, you can choose the mining pool that best meets your needs.

Learning Rewards As a Path to Free Bitcoin

Learning Rewards is a new way to earn free Bitcoin. The concept is simple: by learning about subjects that interest you, you can earn rewards in the form of Bitcoin. In addition, Learning Rewards is also a great way to learn about new subjects and meet other people who share your interests.

Bitcoin Faucets

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. Some faucets dispense alternative cryptocurrencies.

The first Bitcoin faucet was called The Bitcoin Faucet and was developed by Gavin Andresen in 2010. It originally gave out 5 Bitcoins per person. The amount given by the Faucet will typically fluctuate according to the market value of Bitcoin. But such generous crypto projects are no longer available.

Sell Goods for Bitcoin

How to get a free Bitcoin with this method can either come with trading goods or services. For instance, if you own a web design business, you could offer to design a website for someone in exchange for Bitcoin. There are also several online platforms that allow you to sell products or services in exchange for Bitcoin, such as Bitify or Purse.io crypto project.

Less Conventional Ways to Earn Free Bitcoin

If You Don't Know What Bitcoin Is?

For newbies in the crypto space, you can earn free BTC as you learn how the blockchain works. Some platforms offer learning resources for new people in the crypto space. After this, you get to take quizzes and earn fractions of different cryptocurrencies.

Mining Browser Extension and Free Mining Software

Another less-popular way to earn free Bitcoin is to use a crypto mining browser or browser app. This could be a good way to acquire a small amount of BTC over time. The Brave browser is a popular option, and this private browser is free.

By Watching Ads

One popular method to get Bitcoin for free is to watch ads. This process is simple and only requires a few minutes of your time. First, you need to find a website that offers this service. Once you have found a reputable site, create an account and watch the advertisements. Usually, you will need to view the ad for a certain amount of time before you receive your reward. The amount of Bitcoin you receive will depend on the length of the ad and the site you are using. However, most people can easily earn a few cents worth of Bitcoin simply by watching advertisements.

Writing and Research Info Products

By writing and researching info products about Bitcoin, you can earn yourself some free Bitcoin. There is a growing demand for information about Bitcoin as more people look to get involved in the ‘cryptocurrency craze.' As an information product creator, you are in the perfect position to meet this demand. By creating eBooks, courses, or even just articles about Bitcoin, you can attract an audience of eager readers who are also looking to learn more about this exciting new world.

Participating in Hard Forks

Hard forks can be controversial, but they are a great opportunity to earn free cryptocurrency. A hard fork is when a cryptocurrency splits into two different currencies. This happens when the original currency's blockchain is upgraded in a way incompatible with the older version of the software. When this happens, all users need to upgrade to the new software to continue using the currency. However, some users may choose not to upgrade, which results in a split. The original currency remains unchanged, and a new currency is created from the old one.

Shopping Rewards

One way to get free Bitcoin is by taking advantage of shopping rewards programs. These programs allow you to earn rewards points when purchasing at participating retailers. You can then redeem these points for Bitcoin. While the amount of Bitcoin you can earn through these programs is typically small, it can add up over time. Furthermore, many of these programs offer other benefits, such as cashback or discounts on future purchases.

Through Free Cloud Mining Sites

There are many free cloud mining sites that allow individuals to rent out the hashing power of their computers to mine Bitcoin. This is how to make free Bitcoin without purchasing expensive equipment. It also allows them to mine Bitcoin without dealing with the noise and heat generated by traditional Bitcoin mining rigs. Most free cloud mining sites require users to register with an email address, and some also require users to verify their identity with a phone number. You can use plugins like Coin Hive, Coin Miner, Monero Miner Pro, and Simple Monero Miner.

Earn From Crypto Airdrops

Airdrops are a great way to earn free cryptocurrency. Basically, a company will give away a certain amount of its coin or token to its community for free before its initial coin offerings. To receive the airdrop, you will need to complete some simple tasks, such as signing up for their mailing list, following them on social media, or sharing a post. Once you have completed the tasks, you will receive the free coins or tokens in your wallet.

Earn Free Bitcoin Through Crypto Faucets

Crypto faucets are websites from which you can earn free Bitcoins online by completing straightforward tasks. These tasks generally require a small amount of time, ranging from viewing ads to taking surveys. The payout usually ranges from a few satoshis (a hundredth of a millionth BTC) to a few BTC. Crypto faucets are an excellent way to start with Bitcoin and introduce yourself to how cryptocurrency works.

Play Mobile or Online Games to Earn Bitcoins

There are a few different ways to get free Bitcoin. One way is by playing games, mobile or online games, that offer rewards like Bitcoins. The amount of Bitcoin you can earn through this method will vary, but it is possible to earn a substantial amount if you are willing to put in the effort. There are hundreds of Games you can play and the tone of games can vary from exercise games (BTC Safari and Bitcoin Aliens) and crypto casino games (Bitcoin poker) to combat games and geolocation games like Coin Hunt World.

Do Jobs Online to Earn Bitcoins

While many reputable companies will pay you in Bitcoin for your work, many scammers pose as employers to get your personal information or steal your Bitcoins. As a result, it is important to be careful when searching for online jobs. Don't forget to check the accepted payment methods on the jobs, and if need be, create a new wallet address to get paid from the crypto project.

Donations

While there are many ways to get digital assets, especially Bitcoin, one often overlooked method is through donations. While most people focus on mining cryptocurrency or leverage trading, accepting donations can be a quick and easy way to acquire some BTC. There are a few different ways to do this, but the most common is setting up a donation wallet address on a cryptocurrency blog or social media platform. This will allow people to send Bitcoin directly to your wallet, and you can use it however you see fit.

Micro Tasks

Micro - tasks are small tasks that can be completed online in exchange for a small amount of cryptocurrency. There are a number of websites, like Coin Tasker, that list microtasks that need to be completed, and each task typically pays only a few cents in Bitcoin. However, these micro - tasks can add up, and it is possible to earn a significant amount of Bitcoin through microtasks if you are willing to put in the time. Some of these tasks can include video watching, and an added advantage is that there are some educational videos available too; Learn while earning.

You will need to create a Coin Tasker account and connect your faucet to Coin Tasker.

Tipping Bots And Platforms

Tipping bots are programs that allow users to send tips in the form of Bitcoins to other users in exchange for goods or services. Receiving tips typically work for people with a large community of users willing to offer tips in exchange for goods or services.

Earning Free Bitcoins Through Bounties

Bitcoin bounties are a great way to earn some free cryptocurrency. You can review the security of exchanges or run independent security checks on known platforms. Exposing these vulnerabilities can come with some monetary compensation.

Affiliates and Referral Sites

One way to get free Bitcoin is through affiliate marketing; affiliate link and referral link. There are thousands of affiliate programs that provide personalized links to products and services, and you earn a Bitcoin commission on every sale they generate through your link. Some companies give up to a $10 sign-up bonus, but many referral bonus are not up to that.

Testing Apps and Services

Some developers are looking for people to test their products before or after they launch, and they're often willing to pay in Bitcoin. To find these opportunities, search for "Bitcoin testing" or "Bitcoin faucets." You can also check out online forums for such opportunities.

With Physical Exercising Apps

One popular method how to earn free Bitcoin is to use physical exercise apps that offer rewards in Bitcoin. These apps typically track your activity levels and provide rewards based on how much you exercise. For example, Sweatcoin is an app that rewards users with cryptocurrency for every step they take. Sweatcoin's native currency, SWEAT, can be exchanged for Bitcoins.

Be Scams Weary, Do Your Due Diligence

It is common knowledge that people want to know how to earn Bitcoin without buying them, and hackers have leveraged this method to get personal information about people. There are a large number of sites that won't pay out when you have met the required threshold, so it is important to conduct a thorough background check on the platform you want to earn free Bitcoins.

Summary

Like Bitcoin, there are a handful of cryptocurrencies you can earn passively. This could be a good thing to do in market corrections, as you enjoy some capital appreciation in the next bull runs. Being the most popular cryptocurrency, opportunities to earn some free Bitcoin will not be hard to come by, and one of them might be just right for you.

FAQ

Can I Know How To Get Bitcoin for Free?

There are a handful of activities you can do to earn crypto rewards and free Bitcoin online, from playing games and earning gift cards from online shopping, to carrying out surveys and participating in Bitcoin referral Program. Most of the known methods of earning passively have been highlighted, and you can get one that piques your interest.

How to Get Free Bitcoin Instantly Online?

Earning Bitcoin online is easy, but many platforms will require you to reach a certain threshold before withdrawing the earned Bitcoin to your traditional currency. This is partly due to the cost of transactions and, in part, a means to allow you to engage more with their platform.

What Apps Give You Free Bitcoin?

There are several apps that give free Bitcoins for certain activities. It would be best if you verified these applications for their payouts before you invest in them. BTC Safari, and Coin Hunt World are two of the most popular ones.

Is Free Bitcoin Legal and Legit?

Yes. Absolutely. No law prohibits getting free Bitcoin online as long as Bitcoin itself is legalized in your jurisdiction. Mind you; you might still be obliged to pay taxes in fiat currency on the freely-obtained Bitcoin.

How Often Can I Claim BTC?

It depends on the platform. Some require five minutes intervals before you can perform the next task, while others have a 1-hr interval.

Is Bitcoin Free?

Bitcoin is not free, but there are proven ways to get Bitcoin online at no cost. Like other crypto assets, Bitcoin is bought on cryptocurrency exchanges, but can be given out by owners for different purpose.

*This communication is intended as strictly informational, and nothing herein constitutes an offer or a recommendation to buy, sell, or retain any specific product, security or investment, or to utilise or refrain from utilising any particular service. The use of the products and services referred to herein may be subject to certain limitations in specific jurisdictions. This communication does not constitute and shall under no circumstances be deemed to constitute investment advice. This communication is not intended to constitute a public offering of securities within the meaning of any applicable legislation.