FAQs About How To Get Bitcoins For Free
Q #1) How can I get free Bitcoins?
Answer: The best ways to earn free bitcoins include shopping rewards with credit cards, but you can also try airdrops, referral bonuses, playing games, and participating in trading competitions if you are an expert or beginner trader.
If you want to earn substantial bitcoins for free, continue to read this guide on how to earn free Bitcoins, which includes bounties, a welcome bonus on sign-ups, tips, tip bots, free mining, and faucets.
Q #2) How to get Bitcoins for free daily?
Answer: The surest way with minimum effort is with tip bots, playing games with bitcoin rewards, and airdrops. You can check Reddit, Telegram, Twitter, and other social channels to catch up with airdrops, or Initial Coin Offering platforms where capital raises for projects are held.
Some people try dumping ways like scams and scamming, but you can also hunt for the real project, giving away prizes for small competitions.
Q #3) Is free Bitcoin real?
Answer: Yes and no. If you are participating in a demo trading account, for instance, you would get dummy Bitcoins that are not real. However, countless platforms offer small gifts of real Bitcoins if you want to try and test methods of earning free Bitcoins.
Q #4) How do I start Bitcoin?
Answer: You can start with our list of tried and tested methods, but if you want to buy, check the platforms that allow creating a Bitcoin wallet.
- Step 1: Open wallet.
- Step 2: Secure the wallet with methods like PIN, saving the keyphrase or seed, and backing it in a secure place.
- Step 3: Buy Bitcoin or look for free ones.
Q #5) Is it worth putting $100 in Bitcoin?
Answer: Yes, it is. Bitcoin is currently in 2021 expected to increase in value, so you stand a chance to gain because that $100 will increase in value. However, it is important to consider that crypto is volatile and you should check for methods to protect your value from losses.
Many consider a $100 good risk exposure, but again, that varies from one person to another. Always put 10% or less of your value in a volatile investment. You may also check on the list of methods below, then invest all of it in Bitcoin.
Q #6) Is Bitcoin worth investing in right now?
Answer: Bitcoin’s high liquidity and volatility make it a perfect investment for those who are less risk-averse and know how to capitalize on volatility.
As of 2021, Bitcoin has gained by over 1000% in value in less than 3 years, which makes it a good investment for those who are less risk-averse. But risk-averseness is not for everyone, so if you feel to cap the risk, just limit the investment to 10% of your investment value.
For less risky ways of investing in Bitcoins, check methods that are explained in this guide before investment.
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#1) Pionex – Use Bitcoin Growth Trading Bot to Earn Bitcoin
While you might want to trade with your Bitcoin and earn more Bitcoin from the market volatility, there is a more intelligent option for traders who don’t want to watch the market 24/7. Trading it with a Pionex Bitcoin Growth trading robot helps you earn Bitcoin from the ups and downs of the market.
According to the backtesting results of the past two years, the Bitcoin Growth Bot generates 85.17% APR in Bitcoin. It used the highly correlated pattern of BTC and ETH to earn Bitcoin. With the Bitcoin Growth trading bot, you can simply invest your Bitcoin without lying them in your wallet doing nothing.
Features:
- Crypto-to-crypto instant swap exchange.
- 16 free in-built trading bots
- Buying with a credit card.
- Huobi and Binance liquidity.
- FinCEN licensed and regulated in 40 states in the US.
- Earn Bitcoin with the Bitcoin Growth trading bot.
#2) ZenGo 👈👈
ZenGo lets you earn free Bitcoins by way of referrals where you can receive 50% in commission every time you buy crypto with ZenGo. The referrals will also save on Bitcoin by buying crypto for free for the first $200 processed through the Banxa purchase method. They also earn $10 for free when buying cryptocurrency worth more than $200 through MoonPay.
Here is what you need to do to start earning free Bitcoins with or on ZenGo.
- Download and install the Android or iOS ZenGo app.
- Find the Earn Free Crypto from the Account screen.
- Tap the Invite button or copy to share your referral code. You need to first back up your wallet to get the referral link.
- You can now share your referral link through any app on your phone; simply use the Invite button.
The referral commissions accrue to your account when your referrals download the app using the shared link.
The commissions are processed and paid to your wallet weekly and in BTC. Tap Invite & Earn Free Crypto on the account screen to see your all-time earnings and if there are any pending payments.
#3) Bitstamp – Using Staking Rewards
Bitstamp does not have a way to earn free Bitcoins or cryptocurrencies unless it gives trading discounts to loyal customers. Loyalty is ranked as per 30-day trading volume per user. For instance, you will pay a fee of 0.5% for a 30-day trading volume of below $10,000.
However, the fee reduces by ten times or to 0.05% for a 30-day trading volume of $500,000 and 0.0% for a volume of $20,000,000,000.
Bitstamp also lets you earn passive income by staking Ethereum and Algorand cryptocurrencies. You can earn up to 5% APY and perhaps convert that to Bitcoin in case you are searching for free Bitcoins. Otherwise, the cryptocurrency exchange allows you to deposit all cryptocurrencies free of charge.
Bitstamp lets you trade 73 cryptocurrencies at less-than-average market trading fees when compared to other exchanges. It is designed for both beginner and advanced traders alike given its features.
Besides, it can be used for institutional-grade trading over the counter. Bitstamp has a special institutional product for crypto trading brokers, neo banks, fintech, banks, hedge funds, prop traders, family offices, and aggregators.
For traders, the platform allows fiat-to-crypto trading, crypto swapping for another, and speculative trading using charts, custom order types, and trading strategies. Traders can use APIs to set up their trading interfaces or deploy algorithmic trading.
Features:
- Advanced charting includes TradingView charts and trading insights.
- No leverage trading.
- Withdraw crypto to a bank account within seconds.
- Deposit real-world national currencies through bank accounts, credit cards, debit cards, SEPA, and others.
Android, iOS, web app, desktop app.
#4) Tipping Bots And Platforms
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The most effective tipping bots I know works on Telegram include SpicesBot, but you get tips in SPICES token and can convert to BTC. Join Telegram and search for the bot. You can also try Tippr bot, a Bitcoin Cash tipping bot for Reddit and Twitter, and TipJar Bot for Ethereum on Reddit.
SoDogeTip works for Dogecoin users, especially on Reddit. Others include NanoTipBot, Stellar Tip Bot, Reddcoin TipBot that works on Reddit but also Twitter and Twitch.tv. Cointippy is used on Reddit, Twitter, and Telegram.
Tipping platforms currently implementing Bitcoin and crypto tipping include Twitter through their newly launched tipping platform. You can get tipped or tip anyone for their content and activity on social media. Reddit is a very familiar place for tipping with cryptocurrency, though you would have to convert that to Bitcoin.
#5) Playing Online and Offline Games
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There are just hundreds of games you can play to win or earn free Bitcoins. In fact, playing games is the easiest and fastest way of earning. Additionally, most gaming platforms have their own in-world currency that can be bought with or exchanged back to Bitcoins.
Online casino games
Multiple online casino games allow earning free Bitcoins. There are certainly many poker or casino games that offer sign-up, welcome, loyalty, deposit, withdrawal, and other types of bonuses in form of free BTC as long as you spend money on them. Getting a Sign-Up or Welcome bonus on these platforms may or may not require you to first deposit money.
- RealPoker for instance offers a sign-up bonus of 0.0015 Bitcoin without requiring you to register. You can increase it by playing Bitcoin Poker or through 25% offered on referrals. You can play poker and win points and convert them to free BTC. Withdrawing the free BTC is, however, after reaching level 20, which is not so easy.
- FortuneJack offers up to 5 BTC as a welcome bonus and free spins. mBit Casino gambling site lets you play over 300 games, including slot, classic roulette, and blackjack. The same applies to BitCasino.io which also has live games, CryptoWild.com, LuckyDice.com free BTC dice game, and LuckyDice.net which lets you claim 3 satoshis every minute.
- Crypto casino games that allow you to win Bitcoins for free include Rocket.run, Coinbet24, Duckdice, Bitvest, 999Dice, Bitsler, and Blockchain.Poker. These casino games have spins, cards, slots, or dice tosses which you can play and win free BTC.
Blockchain-based games
- These games include Blockchain Game, mobile-based CryptoWorld, Free Bitcoin, Alien Run, and Abundance, Super Satoshi, Bitcoin Aliens, which has rewarded a total of 1,090 free Bitcoin coins since starting in 2014.
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Non-blockchain-based games
- These are either combat games or others not based on blockchain but incorporate Bitcoin rewards based on played levels or spoils. The games let you plan your strategy and win free Bitcoin from your playing. Spells of Genesis lets you collect, trade, and use orbs to design gameplay decks and play against contestants to win free BTC.
Quiz games
- These games let you win free satoshis by answering questions in different categories. An example is Satoshi Quiz in which prizes vary from one quiz to the other and you must be among the three to answer it correctly to share the Bitcoin spoils. You can withdraw after reaching 11,000 satoshis in the minimum.
#6) Mining Browsers And Free Mining Software
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Crypto mining browsers
A crypto mining browser like one known as CryptoTab is a sure way of mining Bitcoin on your machine, but that requires using your computing power. Hence, they may slow your computer. It works as a Chrome and Firefox browser, as well as Windows, iOS, and Android web browser app.
- The Brave Browser allows you to earn free BAT tokens just by using the browser and watching ads as long as you connect a wallet, and you can even connect a website to have them send ads on it and you earn more BAT that you can convert to Bitcoin.
- Mining simulation websites or games allow users to play against their friends and possibly win rewards. For instance, RollerCoin lets you test skills, complete tasks and missions, and play games involving building your mining empire. On RollerCoin, you can increase mining rewards by undertaking tasks like data center repairs, rent, electricity bills, and air conditioning costs. Every five minutes, the game offers a block reward shared among participants based on their mining power.
Free Bitcoin mining software
By running this software on your machine it will mine-free Bitcoins for you.
- An example is the NiceHash’s Miner or QuickMiner for NVIDIA and AMD GPUs or Intel CPUs.
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Extensions
Donate Your Tab browser extension lets you mine cryptocurrency and donate the mined coins to a charity. It is equivalent to donating your computing power from the CPU because the extension uses the power to mine crypto.
- Donate Your Tab extension uses Coin Hive service, an API that allows for browser-based crypto mining. Coin Hive sends the mined Monero tokens to the course you chose, through the management.
Free website mining plugins
The WP Monero Miner is a web plugin that lets you earn BTC free when your visitors come to your site and by then use their computer power to mine Monero. As a plugin, it can be installed in the backend of a website for mining.
- Other plugins that allow you to monetize your website include Simple Monero Miner and Monero Miner Pro. Moonify plugin is also installed on a web browser and visitors can mine Monero for you when they visit your site. These are mostly used to monetize websites.
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- Monero Miner Integration is also embedded on a website for the same reason, just the same case with Coin Miner and Monero WooCommerce Extension plugins.
- The WebMinePool Virtual Crypto Farm Plugin for WordPress costs $13 and can be installed to mine on a website with huge traffic, but it informs visitors you are using a crypto mining plugin. So they can opt in or out. It mines Monero cryptocurrency.
#7) Earning Free Bitcoins Through Bounties
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- Bounties are an excellent way for programmers or coders and non-coders to earn crypto by identifying and reporting flaws in platforms. Many crypto projects offer bounties as part of development, either in Bitcoins or other tokens.
- Regarding that, check the Bounty0x bounty hunting platform which also helps users learn crypto.
- Bounties can earn you a hefty amount of Bitcoins.
#8) Earn From Crypto Airdrops
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Airdrops are free tokens offered at the start of a project for purposes of promotion. Most projects use it as an opportunity for publicity. These may require you to do some social tasks like sharing links with your social media. Currently, you can search for real crypto airdrops at CoinMarketCap, Airdrops.io, Icomarks, and other platforms.
- Airdrops require you to perform numerous small tasks like sharing promotional content on social media before you can earn anything substantial.
