If you’re new at bitcoin, you may feel daunted by the amount of investment you need to enter the cryptocurrency game. There are some alternative ways to get free bitcoin, but a word of caution: anyone offering totally free bitcoin is most likely a fraud. You can definitely get legit free bitcoin, but it will require some effort on your part.
Here are ten ways to get free bitcoin today.
1. Free Bitcoin through Faucets
A bitcoin faucet is a reward platform that gives you tiny amounts of bitcoin for doing simple tasks online, like solving captchas, watching ads, or clicking links. This method works if you have lots of time to spare and no ad-blocker on your browser.
You can earn up to 10,000 Satoshis (0.0001 bitcoin) every 5 minutes. You also need a ready wallet to use a bitcoin faucet. Once you reach a specified threshold, your earnings go directly into your wallet. Some bitcoin faucets include Freebitco.in, Satoshilabs.net, and Bitcoinker.com.
2. Cashback Bitcoin
Specific online marketplaces give you a percentage of your purchase price in bitcoin through their cashback or reward programs. You basically shop and earn free bitcoin within 48 hours of your purchase.
A cashback program offers good value and savings for your money, which translates to 5 bits per dollar, or 20% cashback. Some stores that offer bitcoin cashback rewards include Aliexpress, Expedia, Macy’s, Udemy, and Wallgreens. CoinRebates, Lolli App, and Fold App are some examples of bitcoin cashback platforms that link with your favorite stores.
3. Play Games for Bitcoin
If you want to learn how to get free bitcoin from games, hundreds of options are available today. For example, casino games offer bitcoin for signing up, daily bonuses, winnings, and referrals. Earn free bitcoin as soon as you register to play online poker, slots, roulette, blackjack, and more.
There are also gaming coins from blockchain-based games. These use bitcoin as the in-game currency, which you can trade or cash out at the end of the game. Some crypto games include The Sandbox, Decentraland, and Iluvium.
4. Bitcoin for Microtasks
The most common microtasks for bitcoin are online surveys and puzzles. You earn a small amount of bitcoin when you complete the relatively quick and simple task. Microtasks are similar to bitcoin faucets in that they take time to accumulate enough bitcoin to cash out.
Some microtasks also include downloading free apps and watching videos for bitcoin. Bitcoin survey platforms include StormX, GrabPoints, Superpay.me, and Surveytime.
5. Bitcoin Referral Programs
If you have an active website or social media profile, you can learn how to get free bitcoin through referral programs. Crypto businesses like bitcoin exchanges and wallet providers use affiliate or referral programs to grow their customer base.
Your part is to run ad campaigns, post blogs, or other types of content to get more people to register. The larger your network of followers, the more bitcoin earnings you receive. Some bitcoin affiliate programs include Coinbase, Paxful, and Nexo.io.
6. Bitcoin Donations
You can ask for bitcoin donations for a passion project or cause that needs funding. Create a website for your project, set up a wallet address and QR code, then promote your project across platforms. Coinbase Commerce is the easiest set up to receive crypto donations for charities, businesses, and individual projects.
7. Bounty Programs
Anyone with coding experience can learn how to get free bitcoin through a bounty program. In the crypto world, bounty hunting is a way to help developers catch bugs or flaws during app development and testing.
Developers share their code, users test their work, and get paid in bitcoin for their feedback. Bounty0x, BountySource, and Rysolv are great bounty programs for open source projects.
8. Tipping Bots
Crypto tips are a great way to get free bitcoin on social platforms. A tipping bot allows users to give a tip to a content creator through bitcoin. The content creator then uses the bot to receive and withdraw their bitcoin. This method works well if you’re an active user on Twitter, Reddit, Telegram, Github, and Discord. Tipping platforms include Tipprbot, Gitcash, and TipBitcoin.cash.
9. Workouts for Bitcoin
Lots of fitness apps give you crypto coins as an incentive for exercising. These apps often require a wearable fitness tracker, GPS, or photo uploads to check that you really are working out. You can trade your workout bitcoin for fitness gear and sporting goods or save it in your crypto wallet. Apps like FitCoin, Sweatcoin, and Wellcoin can earn free bitcoin and get you healthier too.
10. Crypto Airdrops
An airdrop is a free crypto token offered as a marketing or publicity stunt. A new cryptocurrency uses an airdrop to encourage users to spread the word about it on social media.
You receive your free Bitcoin after joining the crypto’s Telegram group, tweet about it, or bring a referral. That said, a genuine crypto airdrop will only require your public wallet address, not your private key. CoinMarketCap, Airdrops.io, and AirdropKing.io offer accurate airdrop updates for crypto enthusiasts.
These ten ideas show you how to get free bitcoin, but do your research before beginning. Choose the right platforms and invest as much time and effort as you can afford into bitcoin.
When you get some crypto in your wallet, consider saving some in a crypto interest account or become an active bitcoin trader on Binance, Coinbase, or Kraken. As with all investments, understand the risk involved before you venture into bitcoin today.