How to Get Free Bitcoin

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Earning free cryptocurrency like Bitcoin can help jumpstart your portfolio. Here are 13 ways you can get free Bitcoin.

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.  

13 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. 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: 

  • TradeStation: Best for experienced traders looking for a wide range of cryptocurrencies to choose from, TradeStation deals in stocks, options, and futures as well. You can download the mobile app or work from the web if you’d like. There’s no deposit or trading activity required to open an account and you can even earn $150 if you open a new securities investment account or cryptocurrency trading account. 
  • eToro: Low-risk and regulated, 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. 
  • Public: This platform is best for beginners. It’s a bit less complete than other sites in terms of offerings and educational tools, but there are no minimum investment requirements. This can definitely help if you’re just starting out. 
  • 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. 

It’s best to find a legitimate cryptocurrency exchange to work with to avoid fraud. Here, you can buy and sell cryptocurrency to your heart’s delight. 

2. 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

3. 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. 

4. 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. 

5. 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 are some of the best investment apps out there because you’re having a great time but earning something while you do it. 

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. 

6. 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.

7. Apply for the Bitcoin Rewards Upgrade Card

Cryptocurrency credit cards have become a thing now, which is no surprise given the popularity of the alternative currency. This Visa credit card rewards you with 1.5% in Bitcoin when you make payments. Plus, the card works with both Google and Apple Pay. 

This Upgrade credit card doesn’t bring with it any late fees or monthly fees. You won’t pay for returned payments either. Plus, there are no categories to worry about hitting or a points system to calculate with. Simply apply for an account and get accepted to start earning. You can potentially qualify for credit lines anywhere from $500 to $25,000, depending on your credit score. 

8. Open an Account with BlockFi

An account with BlockFi can open the world to cryptocurrency if you’re new to the game. You can buy and sell BTC, ETH, LTC, LINK, PAXG, and American stablecoins with BlockFi and earn up to 9% APY on your balance. You’ll get paid monthly but you’ll need to make a qualifying deposit of $100 or more to get the corresponding $250 bonus as well. 

Funding your new BlockFi account is easy if you have a cryptocurrency wallet or another bank account. However, there’s no minimum balance necessary to earn the 9% APY interest, and you can withdraw your funds at any time. Plus, if you want to borrow against your cryptocurrency, you may be eligible for interest rates as low as 4.5% APR. There are no fees associated with a BlockFi account but you’ll start earning interest on your crypto savings as soon as you complete your trade. 

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. 

10. Download Cryptocurrency Apps 

Many apps will pay you in cryptocurrency just for signing up:

  • eToro: You can earn $10 in Bitcoin when you invest at least $100 in cryptocurrency. You can also invest in stocks and other opportunities with an eToro account as well.  
  • 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. 

11. Earn $100 with a SoFi Crypto Account 

Open a new Crypto account and buy at least $50 worth of cryptocurrency within seven days to earn Bitcoin rewards. If you trade between $50 and $99.99, you’ll get a $10 welcome bonus. Buy $500 worth of cryptocurrency and you can earn a $50 bonus. However, you’ll need to buy at least $5,000 in cryptocurrency to earn the $100 bonus. 

In addition, you can also sign up for SoFi Invest to get up to $1,000 in free stock. It’s not a cryptocurrency, but it can help round out your portfolio and reduce overall risk. 

12. 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 $10 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 signup. 

13. Sign Up with Unifimoney  

Unifimoney offers members several opportunities for money management, such as banking, investing, insurance, credit, and more. When you deposit between $1,000 and $500,000 within the first 14 days of opening your account, you’re eligible for up to $5,000 in Bitcoin with this tiered bonus. 

If $500K is a bit out of your price range, you can still earn based on how much you invest. With $10,000, you can earn $100 in Bitcoin. You’ll need at least a $100,000 investment to earn $1,000 in Bitcoin rewards, though even $50,000 earns you $500 in Bitcoin. 

FAQs

Can you legitimately earn free Bitcoin?

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. 

Which apps give you 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. 

How can I get free Bitcoin?

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.

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About the author

Brian Meiggs
Brian Meiggs
Brian Meiggs is a personal finance expert, and the founder of My Millennial Guide, a personal finance site helping you put more money in your pocket. He helps millennials follow the smart money in order to increase their earning potential and start building wealth for the future. He regularly writes about side hustles, investing, and general personal finance topics aimed to help anyone earn more, pay off debt, and reach financial freedom. He has been quoted as a top personal finance blogger in major publications including Yahoo! Finance, NASDAQ, Discover, MSN Money and more.
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