Bitcoin 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.
- Faucets: Platforms that reward visitors or users with free cryptocurrencies when they complete certain tasks.
- Free mining: This is a reality, despite the assumptions by many that it is an expensive game. Numerous cloud mining platforms, plus bitcoin faucets, which send out small quantities of bitcoin regularly, make it more accessible.
- Bitcoin mining without any investment: One way to earn free crypto without dedicated equipment is to install a mining browser. This uses the power of your computer to get bitcoins, which you can then retrieve.
- Bitcoin cloud mining: This allows you to mine cryptocurrency without putting up the initial capital required to start a mining operation.
- Bitcoin faucets: These are websites that send out small amounts of bitcoin on a regular (usually hourly or every few minutes) basis.
Characteristics | Values |
---|---|
Use a browser that rewards users for surfing the internet | Brave, CryptoTab |
Use a browser that rewards users for watching ads | Brave, CryptoTab |
Use a faucet site | Cointiply, Allcoins, BonusBitcoin, FreeFaucetSatoshi Labs, Freebitcoin, Freebitcoin.io, FreeBitco.in |
Play games | Rollercoin, Spells of Genesis, EOS Knight, Altcoin Fantasy, Blockchain poker, Satoshi Hero |
Complete surveys | Swagbucks, Survey Junkie, InboxDollars, Cointiply, Coinbase Earn, Binance Earn, StormX, EarnCrypto.com, AdBTC, Coinbucks, Freebitcoin |
Complete tasks | Cointiply, Coinbase Earn, Binance Earn, StormX, EarnCrypto.com, AdBTC, Coinbucks, Freebitcoin |
Participate in airdrops | Stellar Lumens, Ontology |
Participate in bounty programs | Bounty0x, Bountyhive |
Refer friends to platforms | Coinbase, Binance, Bybit, Gemini |
Write articles | Publish0X, Steemit |
Use a cloud mining platform | StormGain, YouHodler, NiceHash, Cudo Miner |
What You'll Learn
Faucets
Bitcoin faucets are websites that give away small amounts of Bitcoin for free. They were initially created to spread the adoption of Bitcoin on the internet. Today, faucets are sites that dispense a small amount of Bitcoin to users every few minutes while making money from displaying ads to these users.
- Cointiply: This faucet dispenses Bitcoin, Litecoin, and Dash for completing tasks and offers a loyalty bonus.
- Allcoins: This faucet dispenses Bitcoin, Bitcoin Cash, Dash, Dogecoin, and Litecoin for completing captchas and short links.
- BonusBitcoin: One of the most popular Bitcoin faucets. Complete captchas to claim satoshis.
- FreeBitco.in: One of the oldest and best bitcoin faucets on the internet. Every hour, they give away up to $200 in free bitcoin through their bitcoin faucet.
- SatoshiLabs: This faucet allows you to claim 10-30 Satoshis every 5 minutes. The minimum withdrawal is 5K Satoshi.
- FreeBitcoins: This faucet provides free Bitcoin to users who have registered on the website's XChange. Users submit their XChange username to receive a set amount of 10 Satoshis.
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Micro-tasks
Earn.com
This platform is available as an app on the App Store and Google Play Store. It offers tasks such as replying to emails, joining a telegram ICO, reading whitepapers, and giving opinions on projects. You can pick and choose the tasks you're interested in. Earn.com pays between $5 and $10 per task, but you can set your own price for replying to emails.
Bituro
Bituro is an app available on the App Store and Google Play Store. It offers simple tasks such as surveys, watching videos, and testing mobile applications. The rewards are recorded as points, which can be converted to Bitcoin, Ether, or gift cards. While Bituro doesn't pay as much as Earn.com, users seem to be pleased with the reward system.
Coin Tasker
Coin Tasker was the first platform to offer Bitcoin for completing tasks. It has paid over 18 Bitcoin to its members and is partnered with more than 25 networks. The tasks available include leaving comments on community platforms, downloading apps, playing games, taking surveys, and shopping. Coin Tasker pays its members in satoshis (the smallest unit of Bitcoin).
BitcoinGet
BitcoinGet is a platform that is popular for surveys and pays in Bits (a unit of Bitcoin). You can earn up to 300 Bits per survey. Your earnings depend on how fast you can work, your rank, and how many tasks you complete.
Other platforms
Other platforms that offer micro-tasks to earn Bitcoin include Cointiply, Allcoins, BonusBitcoin, Swagbucks, Survey Junkie, InboxDollars, Fiverr, TaskRabbit, and Upwork.
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Airdrops
To earn free crypto through airdrops, you can take the following steps:
- Sign up for Airdrop Alerts on websites like Airdrop Alert, Airdrop Bob, or Crypto Airdrops.
- Monitor these websites for announcements of upcoming airdrops and sign up to receive email alerts so you don't miss out on opportunities.
- When an interesting airdrop campaign starts, follow the instructions carefully. This may involve tasks like following the project on social media, joining their Telegram or Discord group, or downloading a wallet to receive the tokens.
- Provide an ERC-20 compatible wallet address to claim your share of the airdropped crypto.
- Act quickly once an airdrop is announced, as some are first come, first served.
- Only sign up for airdrops from reputable projects to avoid scams and fraudulent token offerings.
Some popular retroactive DeFi airdrops include:
- DYdX
- Uniswap
- Instadapp
- Furucombo
Some popular holder airdrops include:
- Byteball
- Stellar Lumens
- ARDR
- NEM
Some examples of crypto airdrops include:
- Betarena: a Web3 sports content platform that recently announced a crypto airdrop event, aiming to reward users with a prize pool of $10,000 worth of BTA tokens.
- Cryptopia: a fully decentralized on-chain game that introduced the inaugural airdrop campaign, offering 25,000,000 TOS tokens to airdrop participants.
- Dwinity: a new crypto project that aims to create a decentralized data operating system. Dwinity is holding a crypto airdrop event during which it will reward users with a prize pool of 2.7 million DWIN tokens.
- Ponder: a Web3 comparison tool that is giving away $15,000 worth of crypto during its latest airdrop event.
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Referral programs
How Referral Programs Work
Popular Referral Programs:
- Binance Referral Program: You can earn up to 20% to 40% of your friend's trading fees when you refer them to Binance. Your friend will also receive a discount or bonus.
- Crypto.com Referral Program: With this program, you can earn up to $2,000 for every successful referral. Your friend will also receive a bonus.
- Coinbase Referral Program: Coinbase offers a referral program where you can earn up to $10 for every successful referral that trades at least $100. Your friend will also get the same reward.
- Coins.ph Referral Program: This program allows you to earn up to 20% of the trading commission for every successful spot trade made by your referral on their platform.
- PDAX Referral Program: You can earn ₱50 worth of BTC for every successful referral that gets verified using your code.
- BitFlyer Referral Program: Invite your friends to bitFlyer, and when they deposit and trade $100 or more, you will both receive $15 in Bitcoin.
When participating in referral programs, it's important to remember that you don't need to invest any money to get started. Your socialization and networking skills are key to promoting these programs successfully. Additionally, be mindful of the reputation of the platforms you endorse, as some scam projects also use referral programs to attract victims.
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Crypto cashback
Fold
Fold is a free mobile app that offers up to 20% cashback in BTC or ETH when you use their branded payment card at various stores, including Amazon, Starbucks, and Target. You can easily sign up, add funds to your Fold card, and start earning crypto on your daily purchases.
StormX
The StormX app provides crypto cashback of up to 87.5% at over 800 supported stores, including Walmart, eBay, and Hotels.com. By downloading the free app and adding your payment cards, you can earn STMX tokens, which can be traded for Bitcoin and other cryptocurrencies. StormX frequently offers special promo codes and boosted rebates to maximize your crypto earnings.
Lolli
Lolli is another popular option that gives you free Bitcoin when you shop online at over 1,000 partner stores, including Hotels.com, Walmart, and Groupon. By installing the Lolli extension and activating the rebate on their website, you can receive up to 30% of your purchase price in Bitcoin within 24 hours. To date, Lolli has paid out over $6 million in Bitcoin to its members.
Crypto.com Visa Card
Crypto.com offers a range of Visa cards with different cashback rates and account balances. Their standard "Midnight Blue" card offers a 1% cashback rate, while their premium "Obsidian" card provides an 8% cashback rate. Crypto.com also allows you to manage your card conveniently through their app, and you can top up your funds using fiat or crypto. However, there are certain limitations, such as monthly withdrawal limits and a cap on free exchange transactions. Additionally, Crypto.com only pays out cashback in their own cryptocurrency, CRO, which may be a limiting factor for those who prefer Bitcoin or Ethereum.
Gemini Mastercard
Gemini, a well-known cryptocurrency exchange, offers a Mastercard that allows you to earn up to 3% cashback on your purchases without any annual fees. The card provides three cashback categories: 2% cashback on groceries, 3% cashback on dining transactions, and 1% cashback on all other purchases. You can choose to receive your rewards in Bitcoin, Ethereum, or over 50 other tokens, and your cashback will be immediately deposited into your account.
By utilizing these crypto cashback options and others available, you can build a solid portfolio of cryptocurrencies without any initial investment.
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Frequently asked questions
There are several ways to get free Bitcoin, including faucets and cloud mining platforms. Faucets are websites that send out small amounts of Bitcoin on a regular basis. Cloud mining platforms allow you to mine cryptocurrency without putting up the initial capital required to start a mining operation.
Examples of Bitcoin faucets include FreeFaucetSatoshi Labs, Cointiply, and FreeBitco.in.
Examples of cloud mining platforms include StormGain, Cointiply, and CryptoTab.