How To Get Free Bitcoin Without Investment?

Bitcoin is a cryptocurrency that has seen massive growth in take-up and price over the last few years. However, the world of cryptocurrency may seem too expensive to access. The costs of traditional bitcoin mining require significant investment before any reward is reaped. Contrary to this belief, there are several ways in which bitcoin enthusiasts can earn free crypto income without investment. These include faucets, cloud mining platforms, and completing surveys and small tasks.

For example, crypto exchanges such as Coinbase, Kraken, and Gemini will give you $10 worth of bitcoin for signing up to use the exchange. Debit and credit cards like the Fold Prepaid Visa Debit Card and the Gemini Credit Card also let you earn bitcoin rewards for making everyday purchases or paying monthly bills.

Other ways to earn free bitcoin include performing small tasks or completing surveys, browsing the internet, sharing a podcast, and creating good social media content.

Faucets

Bitcoin faucets are websites that dispense a small amount of Bitcoin to users every few minutes. They were initially created to spread the adoption of Bitcoin on the internet. Today, faucets make money by displaying ads to users and are a precursor to websites where Bitcoin can be exchanged for goods and services.

• FreeBitco.in: One of the oldest faucets, FreeBitco.in gives away up to $200 worth of Bitcoin every hour. Users can also earn 2 lottery tickets and 2 reward points with every free roll.
• Cointiply: This faucet has a sleek interface and multiple methods for claiming Bitcoins. Users can claim 200 Satoshis on average every 60 minutes.
• Blockchain poker: This faucet is a single-table, No-Limit Texas Hold'em cash game, played for real Bitcoins. New players are automatically awarded free Satoshis to play with.
• FreeBitcoin: This faucet allows users to draw a random number to win anywhere from $0.0003 to $300 worth of Satoshis every 60 minutes.
• SatoshiLabs: This faucet allows users to claim 10-30 Satoshis every 5 minutes. The site also offers options to increase users' claim amounts.
• FreeBitcoins: This faucet provides free Bitcoin to users who have registered on the website's XChange. Users submit their XChange username to receive 10 Satoshis.

Cloud mining

There are several cloud mining platforms, including:

• StormGain, a zero-commission mining platform
• Cointiply, which pays users to complete small tasks and surveys
• YouHodler, a crypto mining simulator that rewards users for completing simple tasks
• Libertex, a free virtual mining product that runs on the company's own equipment

While it is possible to earn free bitcoin through cloud mining, it is important to stay vigilant as scams exist in this space.

Microtasks

• Earn.com: This mobile application, available for Android and iOS, enables users to earn bitcoin for completing small tasks or replying to emails. Users can then decide whether to keep their earnings or donate them to a list of charitable causes. Tasks often pay between $1 to $5.
• Bituro: Founded in 2015, Bituro is a mobile-based microtask application that rewards users in bitcoin, ether, or gift cards for completing surveys, downloading and testing mobile apps, or watching videos. It has a 4.3 rating on the Google Play Store and a 4.5 rating on the Apple Store.
• BitForTip: This microtask platform is available online and on mobile for Android and iOS. It differs from other platforms as it lists user-generated tasks that can be completed in exchange for a small amount of bitcoin. Tasks include finding information or old advertisements. Rewards range from 0.0001 BTC to 0.0003 BTC, but some tasks can pay up to several dollars.
• Cointiply: Cointiply is a bitcoin rewards website where users can earn bitcoins for completing easy tasks such as surveys and participating in bitcoin faucets. It is a completely free website with no registration charges, and users can withdraw their earnings in BTC, DODGE, DASH, or LTC with no withdrawal fees.
• Freebitcoin: A legit site to earn free bitcoins by participating in surveys and more.
• Allcoin: Another established site to earn BTC by viewing ads, offerwalls, creating short links, and faucets. Payouts are done immediately.

Airdrops

There are different types of airdrops, and they may require participants to perform certain tasks or hold a certain amount of existing tokens. Here are some of the most common types:

• Standard Airdrop: Participants simply express their interest in receiving the airdrop. They must provide a valid wallet address, and some airdrops require no additional information.
• Bounty Airdrop: These airdrops occur when users perform certain tasks, such as raising awareness of a project through various channels.
• Holder Airdrop: This type of airdrop requires participants to hold a certain amount of existing coins or tokens in their wallets to qualify for the tokens. The amount of tokens received may depend on the amount and duration of holding the existing coins or tokens.
• Exclusive Airdrop: This type of airdrop requires participants to be selected or invited by the project team or partners to receive the tokens. The selection criteria may include reputation, influence, expertise, or contribution.

To claim an airdrop, participants typically need to register by providing their wallet address and performing any required tasks. The project team will then verify the eligibility of the participants and distribute the tokens to their wallets.

However, it's important to exercise caution when participating in airdrops, as some may be pump-and-dump schemes. It's crucial to do your due diligence before getting involved.

Referral programs

Coinbase

Coinbase offers a 50% commission on your referees' trading fees for three months. Payouts are daily and are accumulated in your affiliate dashboard. There is no minimum payout threshold.

Coinmama

Coinmama offers a 15% commission on all your referrals' purchases, including all future purchases. The commission is paid out monthly with no minimum earnings required for payout.

Paybis

Paybis offers a 20% commission on all referral purchases, including all future purchases. The commission is paid out monthly once you reach a minimum of $50 in earnings.

Paxful

Paxful offers a 50% commission on all commissions paid by your direct affiliates and 10% from your affiliates' affiliates. The commission is paid out instantly and is valid for up to one year.

Binance

Binance offers a 20% commission on all transactions made by your referrals. If your account holds 500 BNB, you can earn a 40% commission. Payouts are made in real-time to your Binance account.

Cryptopay

The Cryptopay referral program offers a 10% share of all the fees they charge when your referral orders their card. There are no fees or hidden charges for either party. You will receive payment once your referral purchases a Cryptopay card.

ZenGo

ZenGo offers a 50% commission in bitcoin when your referrals buy crypto using the Banxa purchase method. Additionally, your referrals will save on their first $200 processed through Banxa, and they will also receive a $10 bonus when buying more than $200 worth of cryptocurrency through MoonPay.

Blockreward.app

Blockreward.app offers a referral bonus of up to $2 of free crypto for both you and your friend when they sign up.

Frequently asked questions