When it comes to earning free bitcoin, there is no way to get wealthy without working or investing for it. It is impossible to make an income in bitcoins or any other currency just by clicking around on some websites. However, that being said, cryptocurrencies are unique in that clever marketers can make a profit doing exactly that, giving away money.
Getting free bitcoins is not a way to get rich, and certainly not the most profitable use of one’s time, but if you’ve got some free time and would like to pick up a small amount of extra Bitcoin now and then, then this definitive guide will is a great place to start.Some ways of getting Bitcoin are better than other ways, while some are even worse than scams. That’s why today, we’re going to discuss some of the legit and low-entry barrier ways to earn Bitcoin.
I am not the least bit surprised by this crazy run because the concept of truly decentralized, borderless, and uncensored digital money is revolutionary and worthy of this attention. Now more than ever, people around the world have started appreciating Bitcoin’s power.
Also for the citizens of some countries like Argentina, Venezuela, Zimbabwe, and Greece, the idea of having a currency that increases their purchasing power is unique and exciting.
Having learned this fact more and more, people are joining the realm of Bitcoin each and every day and wants to earn up to 1 free bitcoin per day or earn 1 bitcoin per week . Some people even wants get 1 btc instantly I mean get free bitcoin now that is to earn 1 bitcoin daily without investment.
Some ways of getting Bitcoin are better than other ways, while some are even worse than scams. That’s why today, we’re going to discuss some of the legit and low-entry barrier ways to earn Bitcoin.
Top Ways To Earn Free Bitcoin
1. Bitcoin faucets
A bitcoin faucet is a feature on websites that steadily drips bitcoin. For example, a website might dispense a fraction of a bitcoin every few minutes.
It’s usually an extremely small amount, equivalent to a few cents or a dollar, awarded to one user every few minutes.
This is often done as a promotional feature. If a faucet holds visitors on a website, it may translate to increased engagement, higher ad revenue or other benefits for the site’s owners that make it worthwhile.
Top bitcoin faucets to earn free bitcoin
This website is actually a collection of about 20 different bitcoin faucets. Many faucets force you to wait a certain amount of time, say 10 or 15 minutes, before repeating a task, but with this site you can simply move on to a new faucet.
One of the oldest and most respectable Bitcoin faucets out there. You get to “feed the Zebra” every few minutes. You can get paid to Faucetbox or to your Xapo wallet. There’s also a very generous referral program for this veteran faucet.
3.Milli – The best faucet around 🙂
So yes, we’re a bit biased, but Milli not only offers some of the highest payouts available, you also get seniority bonuses and a pretty decent referral commission for bringing in more users.
Earnings wise, Robot Coin is a bit harder to qualify, or more accurately, quantify. That’s because you get paid for destroying robots. As you advance, you fight tougher robots. If you manage to beat the hardest robot (which is no easy task) you’ll get paid out 1,000,000 satoshi.
Moon Bitcoin is one of the most well known and respected bitcoin faucets on the world wide web. You look at ads, like most bitcoin faucets, but you can earn as much as thousands of satoshis per hour. As you can imagine, that money can really add up over time.
2. Bitcoin games
Games might award miniscule amounts of bitcoin as a prize. They’re typically also filled with advertisements.
It works similar to bitcoin faucets. The bitcoin rewards keep people playing and viewing ads, so on paper the game looks like a great way for advertisers to reach people.
If you don’t mind viewing ads, actually enjoy the game you’re playing and have a lot of time to kill, the tiny bitcoin prizes might eventually add up.Examples of games include;
(I) The Blockchain Game
Since our last publishing of this guide, perhaps the most fun way to earn free bitcoins, Bitcoin Flapper, has gone by the wayside.
Other options in the Google Play Store have arisen to fill the void. Chief among them is the Blockchain Game. You sign up with a two-step sign-up process which involves giving over your e-mail address and then your Bitcoin address.
(II) Pop Bubbles
Another fun game available for Android devices is called Bitcoin Popper. This game takes more of a slot machine approach, and it is completely possible to get a 0.00 prize, as seen here:
The game also offers paid upgrades, such as adding more time to each session. This would make it less popular with the faucet surfers and free Bitcoiners of the world, but nonetheless, it overall seems to have less advertising interruptions.
(III) Play Dice
Most dice websites allow the user to have a free balance to play with, albeit a very small amount. Examples of sites that do this are PrimeDice and 999Dice. Whether you’ll be able to play the actual games depends on your jurisdiction, though you can often withdraw the money you’ve earned for free regardless of where you live.
(IV) Roll and Ball
This new game is more straightforward than most: in the two versions of the game, you can either get 10% or 40% of the advertising.
The 10% option is immediate, whereas the 40% option is based on “future” advertising profits. The concept of the actual game is simply enough: roll a ball around a table using your phone until you have collected all the coins on the table.
3. Affiliate programs
This is probably the easiest way to get free bitcoin that’s actually worthwhile. Affiliate programs are used in almost all industries, including cryptocurrency.
For example, you might refer a friend to a service and then you both get a discount, accrue rewards points or get a BTC or fiat currency bonus.
For example, by signing up to Coinbase through an affiliate link, you can get $10 worth of bitcoin for free.
When you can get discounts or free money, it can be worth going out of your way to sign up for a service through an affiliate link instead of signing up directly.
4. Earn free Bitcoins by completing tasks on websites
There are many websites which offer you to earn free Bitcoins. With most of these sites, the concept is that you visit the site and just for looking at it you get a small amount of Bitcoins. The concept has something in common with watching good old free TV. You watch a lot of ads and inbetween you get something you actually want to see, like a film or music clips.
While this is a legitimate concept, the return on your invested time is very little. So when you earn Bitcoins from these advertising sites, the Bitcoins actually come at the cost of your time. As the saying goes ‘there is no free lunch’. Example of such sites include;
Earn Bitcoins by completing analytical tasks. A user account is required here. I haven’t tried this service but payouts seem to be a bit higher than with the aforementioned sites.
Earn Bitcoins for watching websites or videos. You can click every advert once a day, you have to view it between 5 and 60 seconds.
This site has a similar concept to earn bitcoins as the one listed above. You can watch videos and websites to get your first couple of Satoshis. I haven’t tested this one but generally the payouts seem smaller. However, before you start to earn bitcoins more seriously by watching ads.
A few years ago, you might have been able to make hundreds of bitcoin by mining on a home computer.
These days, it’s a lot more difficult. The bitcoin mining network is mostly dominated by big players with hundreds of thousands of dollars of computing power dedicated to bitcoin mining.
To make a profit from bitcoin mining, you need to have a lot of very powerful hardware. Otherwise you’ll end up spending more on power than you earn from bitcoin.
Reasons why you should invest your time on bitcoin earning
Most People Still Don’t Know About Bitcoin
Whenever you say “cryptocurrency” I’m willing to bet 6–8 out of 10 people won’t know what the heck you’re talking about. The more people hear about Bitcoin, naturally the demand is going to increase. Again, a finite supply will help boost the price.
Bitcoin is Decentralized
That’s right, cryptocurrency is not protected by or associated with any federal governments. Now before you start questioning my sanity, hear me out. Recessions typically occur every 5 years and in some cases, they turn into depressions.
It Is A Scarce Asset
Similar to gold, there is only a finite amount of Bitcoin. It’s estimated that there are currently 16 million coins available and once there are 21 million, there will be no more. Due to the fact Bitcoin’s price is based on supply & demand, this is high.
Be part of the future
More than an investment, cryptocurrencies are an ongoing technology and socioeconomic experiment. As a result, the blockchain space is booming with new opportunities. With an approximate market cap of $280 billion, rest assured that this industry is here to stay.
Return on investment
You will not be bored, as this space moves at light speed and keeps growing every day. This accumulated drive has resulted in one of the highest return on investment ever to be observed across various industries.
FAQ about bitcoin
What is Bitcoin?
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
Who created Bitcoin?
Bitcoin is the first implementation of a concept called “cryptocurrency”, which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority.
The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto.
Who controls the Bitcoin network?
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can’t force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules.
How does Bitcoin work?
From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.
Is it safe?
Much of the trust in Bitcoin comes from the fact that it requires no trust at all. Bitcoin is fully open-source and decentralized. This means that anyone has access to the entire source code at any time. Any developer in the world can therefore verify exactly how Bitcoin works. All transactions and bitcoins issued into existence can be transparently consulted in real-time by anyone.
Can I make money with Bitcoin?
You should never expect to get rich with Bitcoin or any emerging technology. It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.
Bitcoin is a growing space of innovation and there are business opportunities that also include risks. There is no guarantee that Bitcoin will continue to grow even though it has developed at a very fast rate so far.
Is Bitcoin legal?
To the best of our knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies. Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin exchanges.