Can I get free Bitcoin? Yes. In fact, it’s probably easier than you expect. Some methods of getting free Bitcoin require little to no effort on your part while others require a little investment of your time. While you may only ever be rewarded with very tiny bits of Bitcoin, most of these methods are pretty simple and all of them are legitimate (we’ve checked them out for you!). So, without any further ado, here are 8 ways to get free Bitcoin:
New to the world of crypto financial products, crypto credit cards and prepaid cards offer you rewards in the form of cryptocurrency. These cards function just like regular, traditional reward credit cards, but instead of cash-back or points you earn crypto rewards which you can convert to Bitcoin.
Are you holding on to your Bitcoin? Find a crypto savings account that will pay you a high interest rate for depositing your crypto into it. Be advised, however, that this is risky. Most crypto savings accounts aren’t CDIC insured so if the exchange gets hacked you could lose everything.
A fun way to earn free Bitcoin is to play games that reward you in Bitcoin. Play one of the following games to earn small amounts of crypto for free:
Coin hunt World is available on the Apple App Store or Google Play. Play the game and get rewarded in Bitcoin or Ethereum. Watch this video to see what this game is all about:
Earn Bitcoin by playing CryptoWord. Connect letters to form words. Score at least 145 points per word to gain 1 Satoshi (nano Bitcoin). It’s available on the Google Play store.
You can earn free Bitcoin by simply using a internet browser or installing an extension.
Brave browser is a free and private browser that rewards you for choosing to view ads. When you download it, you’ll be asked if you want to enroll in Brave Rewards. If you say yes, you’ll be shown only high-quality ads and get rewarded with Basic Attention Tokens (BAT) which you can use for just about anything, from frequent flyer miles to purchasing NFTs. BAT can also be converted to Bitcoin through sites like LetsExchange.
Another option to earn free Bitcoin is the Lolli extension, which is similar to the Honey extension. All you have to do is add it to your browser and just shop online. You get free Bitcoin or cash back from your purchases, which are held in your Lolli wallet. Lolli is currently only available in the US, but you can join its international waitlist.
An airdrop is when a crypto platform gives away tokens for free. Yes, this really happens, particularly when a platform wants to grow its user base or a developer wants to gain a following for a new cryptocurrency. In order to collect on this free crypto giveaway, you’ll need to have your own private wallet (not a wallet on an exchange) that is associated with the blockchain of the crypto being given away. You can follow some of the latest airdrops at airdrops.io/.
Airdrops are usually a part of initial coin offerings (ICO) many of which turn out to be scams. Make sure you do your due diligence in researching which ICOs you want to take part in. While it can be exciting to get in on a new cryptocurrency from its beginning, if it doesn’t take off, an airdrop can leave you with a useless cryptocurrency that has no value.
An easy way to get free Bitcoin is by capitalizing on promotions and bonuses that offer free Bitcoin in exchange for your signup, follow or activity. Watch for promotions that reward you for things like subscribing to a new podcast, signing up for a newsletter or following and sharing crypto posts on social media. Many popular crypto exchanges offer a signup bonus to new users. Already using a crypto platform? You can refer a friend and cash-in on the platform’s referral bonus.
Here are some examples of bonus programs from exchanges being offered right now:
Performing micro tasks on sites called “crypto faucets” can earn you very minimal amounts of free Bitcoin. Tasks can include things like taking surveys, clicking on ads, playing games or watching videos. Beware, these sites are usually prime for scammers and it can take a very long time to earn a redeemable amount of points or tokens. If you have a lot of free time on your hands and this idea interests you, two popular crypto faucets worth checking out are Bituro and Cointiply.
While mining isn’t for everyone, but it’s a sure way to get free Bitcoin. Simply put, mining is the process of creating new Bitcoin. In exchange for authenticating the Bitcoin public ledger, miners are given new Bitcoin as a reward. The process of authenticating the ledger takes immense computing power. It involves solving complex math problems that can only be done by computing hardware. So, at the cost of the hardware and electricity, miners both contribute to the accuracy of the Bitcoin network while simultaneously creating and being rewarded in Bitcoin.
Beware that this isn’t a profitable venture. Because of the large startup costs, and the fact that Bitcoin mining profitability is dependent on Bitcoin prices rising in the future, it will almost always be more economical for the average person to just buy Bitcoin instead of trying to mine it.
Want to know how you can get more free crypto besides Bitcoin? Check out our guide to free crypto here. You can also check out our cryptocurrency hub to learn more about how cryptocurrency works, the top cryptocurrencies right now, how to use crypto and why it’s so important.
If you’re interested in buying or selling Bitcoin instead, use the table below to quickly compare crypto exchange fees, fiat currencies, deposit methods and more. Once you’ve found the right fit for you, click Go to site to get started.
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