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Cryptocurrencies have taken the world by storm, filling the minds of many investors with an appetite for potentially lucrative alternative investments. Bitcoin is only one of those cryptocurrencies, though it is perhaps the most well-known of them all besides Ethereum, Dogecoin, and Shiba Inu. But did you know that you can get free Bitcoin without having to make a large time or financial commitment?
Our guide will introduce you to 13 ways you can get free Bitcoin. Each of these ways requires a different set of procedures, but they all end up in the same place: free Bitcoin. Investing in this type of asset can help round out your portfolio and even give you something new to try your hand at if you’re an experienced investor. After all, investing in some of the newest opportunities can provide rewards in dividends given the right circumstances.
Are you ready to see how you can get free Bitcoin? Let’s get started!
What is Bitcoin
Bitcoin is a type of cryptocurrency. Some may even say it’s the original cryptocurrency, as it was founded back in 2009. However, Bitcoin joins several types of cryptocurrency tokens and coins on the market that represent a separate, alternative type of currency the world may soon adopt. At the same time, you can also obtain cryptocurrency through mining.
12 Ways to Get Free Bitcoin
Here’s our list of the best ways you can earn free Bitcoin. Within each way, there might be multiple opportunities to earn, so keep a watchful eye out and make a list of the ways you’d like to earn free Bitcoin. It could provide the nest egg you need to retire without worry.
1. eToro
eToro allows you to create a diversified portfolio without paying any markup, ticketing, or management fees. By doing so, you can build a diversified portfolio with over two dozen popular coins — or simply copy eToro’s most popular crypto investors.
For a limited time, you can get $10 of free crypto on eToro. Here’s how:
- Sign up for an eToro account
- Verify your information
- Choose your crypto from their top coins
You’ll automatically receive $10 of crypto directly to your account balance.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
2. Coinbase Earn
Over 108 million people and businesses trust Coinbase to buy, sell, and manage crypto.
Both beginners and professionals can benefit from Coinbase. Digital currency on this platform is insured, part of the many reasons why it leads the pack in cryptocurrency exchanges.
Coinbase Earn users can earn up to $400 on average just by taking advantage of its rewards.
Simply discover how specific cryptocurrencies work — and get a bit of each crypto to try out for yourself.
3. Trade Cryptocurrency
Some say it takes money to make money, and the same is true for cryptocurrency. You can earn free Bitcoin by trading cryptocurrency, or rather, by profiting from the transactions you make. For example, if you buy a certain token low and then sell it high, you can exchange it for more Bitcoin than it was originally worth.
Cryptocurrencies are traded on cryptocurrency exchanges. Popular crypto exchanges include the following:
- Coinbase: Both beginners and professionals can benefit from Coinbase. Digital currency on this platform is insured, part of the many reasons why it leads the pack in cryptocurrency exchanges.
- Robinhood Crypto: Robinhood is a solid option for both beginner and intermediate cryptocurrency investors. It charges no fees to buy or sell crypto, supports over 25 coins, and offers 24/7 customer support.
- eToro: eToro provides both a user-friendly mobile app and a desktop application. You can also take advantage of social trading to copy what prominent traders are doing as well.
It’s best to find a legitimate cryptocurrency exchange to use and here are our favorites:
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Trading fees: 0.4% Maker Fee / 0.6% Taker Fee
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Trading fees: None
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Trading fees: Flat 0.9% fee for stablecoins, 1.5% for other cryptos *Kraken Instant Buy
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- Offers access to more than 200 cryptocurrencies
- Low minimum to fund account
- Quick crypto withdrawals
- Higher fees than other cryptocurrency exchanges
- No fees for crypto trades
- Convenient if you already have a Robinhood brokerage account
- Comparatively fewer cryptocurrencies offered
- No crypto-to-crypto trading
- Advanced features on Kraken Pro, including margin trading
- Great customer service
- Low Bitcoin (BTC) withdrawal fees
- Not available in all 50 states
- Crypto staking no longer available in US
4. Walk for Cryptocurrency Rewards
Grab your Fitbit or Apple Watch and get walking to earn Bitcoin rewards. Use Sweatcoin to earn every time you walk, no matter where you go. Sweatcoin uses your HealthKit step history to track your progress and the app is free to download. You can redeem your steps for cryptocurrency credits, or goods, services, and/or experiences.
Related: Sweatcoin Review: Get Paid To Walk with This Fitness App
5. Mine Cryptocurrency Yourself
For some of you reading this article, you already know about cryptocurrency and may even have your cryptocurrency money transmitter license. The thought of mining your own cryptocurrency may intrigue you as well. If you have the right equipment, you can mine cryptocurrency yourself to fill your wallet with Bitcoin.
To mine cryptocurrency, you’ll need a substantial graphics processing unit (GPU) or an application-specific integrated circuit (ASIC). Some of the best software applications to use are BeMine, ECOS, ARE Kyptex, Computta, Hashing24, and Cudo Miner.
6. Earn Bitcoin Through Affiliate Marketing
Looking to increase your net worth with Bitcoin? Affiliate marketing pays the bills of many an influencer, but you can also earn Bitcoin with this method as well. In fact, you don’t need a website or blog to get started. All you have to do is advertise the products or services of a company that offers rewards in cryptocurrency.
Coinbase is such a company. Just recently, they began offering affiliates who refer them $10 worth of Bitcoin as long as the referral party buys or sells $100 worth of Bitcoin within 180 days of opening the account.
7. Play Games for Bitcoin
You’ve heard of survey apps, but did you know that there are apps you can download that will pay you in Bitcoin for playing games? These ‘get paid to play games‘ are a great way to win real money.
Both Bitcoin Blast and Bitcoin Pop are available on Google Play. With these apps, you can win Bitcoin for doing various tasks or playing games. Ready to earn some Bitcoin? Simply register for an account and begin playing to cash out in real Bitcoin you can trade, sell, or keep.
8. Download Apps that Pay in Bitcoin
Toluna is a survey app that offers members plenty of opportunities to make money. However, in partnership with NeoCurrency, they’re also offering members the chance to receive Bitcoin Gift Cards as well. As long as you qualify for the minimum threshold, you can exchange your points for a $20 Bitcoin Gift Card. Toluna offers two different types of surveys: shorter profile surveys and longer surveys that last anywhere from 10-20 minutes.
Toluna is a survey company that gives users multiple ways to earn points by doing things such as taking surveys, playing games, and answering one question polls.
9. Answer Surveys for Cryptocurrency
Swagbucks recently jumped on the cryptocurrency bandwagon with the ability to cash out in crypto rewards for joining its platform and answering survey questions. In addition, you can also earn a $10 sign-up bonus as well through this link.
Swagbucks offers a variety of ways to earn money online. You can take surveys, play games, surf the web, watch videos and more to earn points towards gift cards or cash.
10. Download Cryptocurrency Apps
Many apps will pay you in cryptocurrency just for signing up:
- eToro: Curious about crypto, but don’t know where to start? New users can get $10 of free crypto when they join eToro.
- Drop: Play games, shop, complete cashback offers, take surveys, and much more to earn free gift cards at over 500 different stores. You’ll need a Premium account to earn access to Bitcoin and Ether, but you can link your points to cryptocurrency through Purpose Bitcoin ETF and Purpose Ether ETF. Just link a card to get started.
- Lolli: Earn up to 30% back in Bitcoin when you shop with Lolli. Simply add the extension to your browser or download the app on your iOS or Android device.
- sMiles: This platform uses the Lightning Network to reward you for walking, playing games, answering survey questions, and shopping.
If you can use these apps in other areas of your life, that can help you make the most of your membership.
Trade popular crypto on eToro. Explore professionally managed portfolios. eToro is one of the world’s leading social investment communities that allows people to grow their knowledge.
11. Learn About and Earn Cryptocurrency
We mentioned Coinbase earlier as a cryptocurrency exchange where you can buy and sell crypto. However, you can also use Coinbase to learn about and earn free crypto at the same time. The free Coinbase Earn program rewards you with up to $200 in crypto for signing up and pays dividends when you complete lessons about cryptocurrency.
Coinbase Wallet offers members a way to store their cryptocurrencies and NFTs. You can also refer friends to get $10 of Bitcoin per referral through their crypto sign up bonus program.
Coinbase offers over 100+ cryptos to trade, invest, or stake in. If you want to diversify your income sources through cryptocurrencies, Coinbase is an ideal platform to buy, sell, or even build your crypto portfolio.
12. Nexo
Nexo is a platform for managing cryptocurrency assets. Users can buy and trade crypto, earn interest on their holdings, or get a line of credit using their crypto assets as collateral.
Nexo's referral program offers a $25 Bitcoin (BTC) bonus for each friend who joins Nexo and tops up at least $100 in supported assets. Both parties receive the bonus, which is credited within 48 hours of the 30-day period ending. The more referrals someone makes, the more BTC they receive.
To earn the bonus, users must:
- Sign up through a referral link (here is one to use)
- Verify their indentity
- Top up at least $100 of any Nexo supported asset
FAQs
Yes, you can earn free Bitcoin in several ways. You can answer survey questions to earn free Bitcoin, as well as shop at different retailers. There are also various accounts you can open to safely and legitimately earn free Bitcoin.
Any of the apps above will reward you with free Bitcoin. For example, if you open an account with BlockFi, you can earn free cryptocurrency. You can even earn while you learn with Coinbase. Other apps will reward you for shopping or playing games.
You can get free Bitcoin by answering survey questions, shopping, opening new accounts, downloading apps, and any of the other ways listed above. The amount of Bitcoin you earn with each opportunity varies.
Get Your Free Bitcoin Now
We hope you’ve found this article on how to earn free Bitcoin useful. With the rise of cryptocurrency and its ever-present demand, getting started in Bitcoin is easier than ever with these opportunities. Plus, if you combine one or more of these ways, you can earn multiple Bitcoin tokens to start your cryptocurrency portfolio. After that, it’s up to you how you want to spend and/or invest those tokens later on. You may find that they take on value overnight if cryptocurrency continues to remain relevant within the public sphere.
