Getting free Bitcoin seems like an impossible task but luckily today, there are options on how to earn free bitcoins instantly, and without much of a hassle.
Free money is not really new either because Credit cards have sign-up bonuses and there are other tools that will get you cashback when you shop online. The same happens with crypto as well but instead of credit card points and US dollars, you will get a free bitcoin or a fraction of the coin.
If you already have crypto added to your portfolio, there are options that are offering extra coins on top of your investment but you should learn how it works before diving in. These ways to earn free bitcoin won’t bring you a ton of money but if you have some free time and a desire to get free bitcoin, these methods could help you.
Bitcoin faucets are platforms that visitors or users use and they get rewards in free bitcoin once they complete a certain task. The simple tasks can be anything from captcha typing, playing online games, solving online quizzes, watching ads, and taking surveys. The rewards are presented in satoshi as the smallest unit of Bitcoin that is equivalent to 100 millionth part of BTC. In the list below we show you the top choices of how the get free bitcoin:
There are hundreds of legal sites that pop up every day and often these are services that pay in free bitcoins for seeing ads or other content or solving simple tasks. An important point is that every platform has a withdrawal limit and usually 10,000 satoshi is the limit but it can be hard for a beginner to earn this amount of coins fast.
Bitcoin Games And Free Bitcoins
Getting free bitcoin or free bitcoin cash even can be done by playing games. Different games allow you to earn free Bitcoins – a good example of that is Rollercoin, which presents you with 10 simple games that existed for quite some time now. It is easy and interesting to compete in these games as well.
Even if you don’t do well with winning the games, Rollercoin will give you hashrate power and by using it, you can simulate crypto mining inside the game and earn free bitcoin. Also, there’s another free card arcade game dubbed Spells of Genesis that runs on PC and macOS which allows users to collect collectibles that are stored on the ethereum blockchain and can be exchanged for other assets or sold for crypto.
You can also play EOS Knight, Altcoin Fantasy, and many more to get free BTC. The latter is an educational platform that helps you learn how to trade and allows you to make money in the process. Here, a user will be given a certain amount of virtual points which can be used to trade digital coins. Altcoin Fantasy hosts different trading contents so if a novice trader manages to take one of the prizes, he will be able to claim the award in BTC And other coins. The game is free and runs on iOS and Android systems as well.
Play Bitcoin Card Games Too
Blockchain poker is a cash game that allows you to play with real Bitcoins but the great thing is that you don’t need to register which means you can play and remain anonymous. The new players receive free satoshi to play with but the minimum withdrawal amount is quite high and stands at 100,000 satoshis. BitFun is also a great way to earn free bitcoin as it allows members to receive free satoshi every three minutes by playing games and watching ads that pop up between games the minimum withdrawal is 10,000 satoshi.
With the prices of Bitcoin rising, BTC mining is getting harder to perform and to also earn free bitcoins. The mining process starts with making a huge purchase of expensive equipment and paying huge electricity bills however if you do want to participate in the mining process, there are some programs in the background that will use some of your computer’s resources for mining without having to interfere with the daily use of your computer.
The income from the mining would be a penny compared to the income from some of the other bitcoin faucets but the good thing is that you have no effort in running it.
Exchange Sign-Up and Referral Bonuses
Some exchanges offer sign-up or referral bonuses for using their services. Once, Coinbase offered a sign-up bonus of $5 to new users so they can invest it in crypto and now it offers a $10 bonus in a referral program.
If you want to earn free bitcoin cash, make sure you pay attention to the terms of these bonuses as you could be required to provide more personal ID to claim these rewards. Most of the offerings are not really lucrative for senior traders but if you are a beginner, keep an eye on exchanges that you are going to use and see if they offer any sign-up bonus or referral program.
How To Use Coinbase Earn To Get Free Bitcoins
Speaking on how to get free Bitcoins, Coinbase offers different incentives for using its Learn hub. In order to get the free change, you will need to watch the exchange’s videos, quizzes, and learning materials so then you can deposit a small amount of crypto in your wallet. Whether you have chosen the best crypto lending platform for your needs or you are going with Coinbase, you should read more about earning free Bitcoins and altcoins before investing more time and effort into it.
If you get small-cap altcoins that are not really recommended for long-term investing, you can convert them into Bitcoin once you earn them. Keep in mind to keep track of these transactions as each trade is taxable.
Make sure to always track the price value of the earnings and the price of the number one cryptocurrency as well.