With one month passed in 2020, it’s time to delve slightly deeper into proven ways to earn free Bitcoins. BitCoin (BTC) offers money-making opportunities for people with an entrepreneurial spirit. This digital asset makes starting an online business faster and easier than ever before. If you want to know how to earn bitcoin fast, let’s explore the bitcoin earning tricks and the most profitable ways to earn free Bitcoin in 2021.
People usually lose money by falling for scams. Moreover, you would typically lose money overall when gambling. If an offer asks you to make a payment without notifying what you’re getting in return, there’s a fair chance it’s a scam. There are true and legitimate ways of getting small amounts of bitcoin for free on bitcoin gambling sites.
These sites are legitimate as online gambling with any other kind of currency. Though these sites might be full of ads or malware, and you’ll typically lose money overall, but you may get a free bitcoin from it.
2. Bitcoin Faucets
A bitcoin faucet is a certain feature on websites which steadily drips bitcoin. Like for instance, a website might dispense a fraction of free bitcoin every second as a promotion. It’s usually an extremely small amount, awarded to one user every few minutes. If a faucet holds visitors on a website, it may translate to higher ad revenue, increased engagement or other benefits for the site’s owners that make it worthwhile.
3. Bitcoin Games
Many online games award small amounts of bitcoin as a prize. Typically filled with advertisements, it works similar to bitcoin faucets. The bitcoin rewards engage gamers to play and view ads. Thus, the game has emerged a great source for advertisers to reach people by offering bitcoin prizes. This explains how-to earn bitcoins by playing games.
4. Referral Program by CoinSwitch
Affiliate programs are used in all industries and also in the cryptocurrency industry. 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. Now you can earn free bitcoin instantly with CoinSwitch’s bitcoin referral program. So, start referring your friends and earn 5 USD when they make a transaction of a minimum of USD 100. In return, your friend earns 5 dollars, too.
All the payout will be made in BTC, and the BTC value in the dollar will be calculated when the referral transaction is completed. The minimum payout amount in this referral program is 0.005 BTC. Hurry up and get free bitcoins now at CoinSwitch’s Referral Program. This explains how to earn bitcoins on Android, also.
This is the oldest and most appealing way to earn Bitcoin instantly. With this fast, cheap, and low-risk, you can essentially make money for nothing. All you need is your own home computer to mine bitcoins. You may need Bitcoin Miner and then join a mining pool, which is basically a group of miners.
These miners make a group to mine bitcoin by combining their efforts and then split the rewards accordingly. The network of bitcoin mining is mostly dominated by big players with hundreds of thousands of dollars of computing power dedicated to bitcoin mining.
This is the easiest methods for how to earn bitcoins fast by only investing your time. All you have to do is do small tasks and earn small fractions of BTC for the time you spend. There are many websites that allow you to earn free Bitcoins in exchange for some of completing various tasks.
The tasks you have to do to earn free bitcoins varies from site to site, and some common tasks include watching promo videos, filling survey forms and playing games. And the latest method to earn Bitcoin is to test applications on phones and tablets.
To earn bitcoin instantly via donation, you have to work hard for it. You can create a website and ask for bitcoin donations on your website through a wallet address and QR code. Did you know BitPay helps your organization accept blockchain donations? And, Bitcoinerpro.com is a blockchain community funded project that accepts the donation. This donation is used further to improve the website and spreads cryptocurrency awareness towards future financial independence.
You can work for a company that pays directly to bitcoin. For example, if can freelance for a cryptocurrency business that has a reputation of a reliable service provider in order to get paid in bitcoin. Moreover, if you want, you might ask your employer to pay a part of your wages or salary in bitcoin.
After all, Bitcoin multiplies tenfold in value. So, more bitcoins means more value and it’s better than those ten cents of bitcoin you’ve earned from a game. Likewise, companies like Bitwage, a Bitcoin payroll company, has been delivering Bitcoin salaries to thousands of people since 2014, might truly help an enthusiast earn free bitcoins. Wanna see how much a single Bitcoin is worth in India? Check the everyday BTC to INR rate.
9. Writing and Research Info Products
If you are decent at writing and researching, then these skills can help you earn bitcoin. There are a lot of bitcoin-related websites or other types of bitcoin businesses that need content written for various purposes – sites, blogs, use for marketing purposes, sell to others. These businesses are willing to pay good money for someone else to write it for them. Moreover, they own bitcoin and will be willing to pay you with it in exchange for your writing services. So, you can offer up your services on platforms like BitGigs and Coinality, and ask them to pay you in bitcoin.
10. Selling Products & Services
Selling products and services is one of the best ways to earn free bitcoins. You can make money selling any type of product or service, and accepting bitcoin as a payment method. Many online retailers are now taking bitcoin as one of their payment options. Further, there are sites like Bitify.com and Purse.io out there where you can specifically sell things in exchange for bitcoin.
11. Get Tipped
You can earn Bitcoins as tips by accepting it as a means of payment. All you need is a wallet, a QR-code with your BTC address on it and the people who could give you a tip need to be aware of it. For tips, you can display QR code in your shop for tipping or display the QR-code at the bottom of your website or blog. Bitfortip or bctip is another way to get tipped online. These sites offer little paper vouchers with a Bitcoin balance to its customers. Customers, in return, can simply give it to you or your employees or can redeem it like a coupon. This explains how to earn bitcoins for visiting free websites.
Arbitrage has always been considered the safest way to make money with trading. It offers you an opportunity to buy a certain asset at one place for a certain price and then sell it immediately at another place for a higher price. Cryptocurrency market does offer such arbitrage opportunities.
You only have to look for the concrete opportunities on Bitcoin StackExchange. Focus on the price differences between exchanges, the speed of fiat money transfers and access restrictions to find the opportunities. If you manage to somehow earn Bitcoins from arbitrage, you get a hold of Bitcoins fast. Bit4coin is a cryptocurrency exchange site where you can try arbitrage and the best part is that the site does not require signup.
So, what are you waiting for? Earn extra income by investing your time and skill in Bitcoin. Finally, it’s up to you to find the right way for you to cash in on the bitcoin craze. Or you can buy Bitcoin directly if you want to avoid the aforementioned hassle.
Also Read: What are Bitcoins & How Do They Work
Frequently Asked Questions (FAQ)
1. How can I get Bitcoins fast?
The ways, we have mentioned above are the ways to get free Bitcoins, but if you want t get it fast, you can go for the CoinSwitch Referral Programme.
2. How can I get free Bitcoins without mining?
Apart from mining, there are eleven more ways mentioned, you can go for any of these, as per your feasibility.
3. How can I get free Bitcoins in India?
Mining can be done anywhere in the world, but you must remember the individual country’s restrictions, before going ahead.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
Table of content
Subscribe to Our Newsletter with exclusive content.