Bitcoin is the top cryptocurrency coin. At the time of writing this article, the price of bitcoin is more than $47000 also the highest point of bitcoin touch till now is $65000.
What if you can earn bitcoin for free. Yes, right you can earn bitcoin for free. There are many ways to get bitcoin for free that I mentioned below.
There are many miss conceptions about crypto. People think about how can any coin or online currency grow at this speed. But anyone who knows about the technology behind the cryptocurrency knows that it’s not rocket science.
Because the concept of truly decentralized, borderless, and uncensored digital money is revolutionary and worthy of attention.
People around the world have also started appreciating Bitcoin’s power.
Besides, for citizens of countries like Argentina, Venezuela, and Greece, the idea of having a currency that increases their purchasing power is unique and exciting.
Many people around the world have fallen into many scams to earn bitcoin for free. That’s why this article helps you to know the legit ways to earn bitcoin for free.
Free Bitcoin Rewards on shopping
Shop and earn is so far the fastest way to earn free bitcoins these days. We all shop a lot and what’s better than this is that on every shopping expense you will get free bitcoins. Yes, you heard it right you will get free bitcoin every shopping you do.
Using Lolli which is a crypto reward app, you can earn Bitcoins for your usual online spend.
Lolli supports all major online retail shops that you can use daily to accumulate a decent amount of Bitcoins.
To get started, here is what you need to do:
- Head over to Lolli Website
- Create a free account
- Download the chrome extension
- Now, whenever you are shopping online on any of the 500+ partner stores, you will earn free Bitcoins.
Here are some other apps and websites to earn free bitcoin on shopping expenses.
Get bitcoin by playing game
One of the most entertaining and fun ways to earn free Bitcoins is by playing mobile or online games. That’s right – you can play games on your phone or computer and actually get paid in Bitcoin
These games show you ads in the game because the game is one of the best ways to advertise anything. That’s why these games give you free bitcoin and other cryptocurrencies as well and show ads to you.
Here are some popular games to earn bitcoin for free.
Cointiply
Cointiply is one of the best bitcoin reward websites. Cointiply gives you tasks upon whose completion you accumulate free bitcoin. The website is free to use. Once you register, you can find many quizzes, surveys, and other tasks tailored to your age and location.
Whenever we see these websites we get a doubt in our mind that these websites pay real money or not and this is normal.
But we talk about this website rated 4.4 out of 5 by 3250 users so with this rating you can get your answer about how legit this website is.
Coinbase Learning Program
Coinbase Earn is an educational initiative by a popular USA-based crypto exchange called Coinbase. Here is how Coinbase Earn works:
- Go to coinbase website learning program
- Create your free account on coinbase
- Learn about any of the available cryptocurrency
- Now earn free crypto by learning about crypto
You not only get bitcoin in this learning program you will also get other cryptos too. Also, you can convert any crypto into bitcoin on coinbase exchange.
Work in your own field and earn free bitcoin
Working for Bitcoin is one of the easiest and most legit ways to earn it.
Whether you are an engineer, designer, writer, singer, translator, editor, internet marketer, freelancer, or developer, you can start working for Bitcoin right away. Numerous platforms and websites offer you bitcoins in exchange for your service.
Some of these platforms are:
- Cointiply
- Cryptogrind
- Jobs4Bitcoins
- Coinality
- Crypto.jobs
- bitWAGE
- Angle.Co
- 21.co
Earn bitcoin for helping people
Bitfortip is a mobile and desktop platform that pays you for being helpful to others. If you give an adequate answer to the questions asked on the platform, you receive Bitcoin tips in exchange for your answer.
Bitfortip platform is available in 11 international languages. This provides a low-entry barrier for many people around the world.
Refer and earn bitcoin
Refer and earn have been a very popular concept for a very long time. First, this concept comes with some mobile apps, and the same thing is now used by many crypto exchanges to get more users on their platform.
You just need to create your account on any of these crypto exchanges and after that start referring other users through your link or coupon code given by the exchange whenever anyone uses your referral link or code to create an account on that crypto exchange you will get some commission on that and also you will get some commission on every purchase of your referred person.
Almost all crypto exchanges use this refer and earn concept but here are some popular exchanges that give really good commission on referral programs.
- Binance
- OKEX
- NEXO
- CoinGate
Write about cryptocurrency to earn bitcoin
Certain cryptocurrency blogs, news outlets, and forums will pay you in Bitcoin to contribute your insights and write for them if you have a lot of knowledge about the industry.
Popular cryptocurrency forums, like Publish0x, reward users for reading and writing articles relating to Bitcoin.
On this site, users can earn Bitcoin along with other cryptocurrencies. They can also give tips to authors they enjoy.
Earn interest on bitcoin
Yes, you can earn interest on your bitcoin holdings. If you already own some bitcoin you can earn up to 15% interest on your bitcoin balance. It’s the same as your usual bank. Banks give some interest on your money and like banks, there are many wallets that pay interest on your crypto but these interest rates are much more than usual banks interest rates.
Blockfi is one of the popular platforms to earn interest in cryptocurrency. On blockfi you will get up to 9.5% PA interest on your crypto.
You are important to us so if you want to earn interest on your crypto holding start it today with BlockFi and you will get extra bitcoin worth $10 for free.
Word of Caution: This space of lending is highly unregulated. You must diligently choose the borrower to whom you want to lend your Bitcoin and strictly adhere to the platform policies to make sure you get the returns.
Earn bitcoin from trading
Trading is the simple and cost effective way to earn bitcoin and any other cryptocurrency. The best thing about trading is that you can earn a good profit from trading.
In trading, you need to buy cryptocurrencies when the market is bearish and sell them when the market is bullish. But do not take this as investment advice rather DIY (Do It Yourself) and DYOR (Do Your Own Research).
You can simply start trading using any cryptocurrency exchange. Some of the best cryptocurrency exchanges that we suggest you buy from are listed below. On these exchanges, you will also find most altcoins.
- Binance (You can also get Bitcoin from here directly)
- Bybit
- Binance futures
If you are from India you can use the below exchanges.
- Wazirx
- Coin DCX
- Coin Switch Kuber
- Coinbase
Bitcoin mining
Cryptocurrency mining is one of the best ways to earn bitcoin for free. But what’s crypto mining? Miners are the backbone of the blockchain. Using specialized hardware, they complete complex calculations in order to confirm and facilitate the exchange of value over the blockchain.
Miners test the validity of each transaction by subjecting it to a sophisticated cryptographic puzzle and submitting it for other miners to confirm and come to a trustless consensus on each transaction that hits the blockchain. And as a reward for completing these calculations, miners earn block rewards in the form of crypto.
Serious crypto miners use Application Specific Integrated Circuits machines(ASIC) or Graphic cards, which are specialized hardware more capable of handling the heavy demands of crypto mining.
Generally speaking, mining requires quite a bit of computing power. But there are now computer programs that will perform all the needed functions without the need for specialized hardware. Companies like NiceHash make it as easy as downloading and installing software to begin mining cryptocurrencies on your home computer.
Best and easy way to earn bitcoin
That is it from my side about earning bitcoin for free. But before wrapping up I want to know which is the best way you found to earn bitcoin for free. Also if you know any other legit way to earn bitcoin that I missed in this list just let me know in the comment section.