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5 Free Ways To Earn Bitcoin

Updated on November 22, 2019
Farcas Ionut profile image

Ionut is a professional writer, nerd, passionate about politics, technology, worldwide news and cryptocurrency.

Bitcoin is known as digital Gold. Everyone wants a piece of it nowadays. Here is how you can earn Free Bitcoin in 2020.

COINBASE

Coinbase is one of the most known wallet, exchange & broker of cryptocurrency, where you can trade & exchange bitcoin, ethereum, litecoin and more major cryptocurrency. You may ask now "Ok, so how do I earn free Bitcoin."

That's very easy. When you first and buy $100 worth of Bitcoin, you will receive free $10 in Bitcoin. This is pretty easy 10% profit almost instant, all you need is to create an account, buy $100 bitcoin using your credit/debit card or bank account and you receive free $10. You can then withdraw $110 to your bank account.

You may say now "Ok, but I am here to earn Bitcoin for free, without investing anything.'' You can definitely do that too. All you have to do is to share your referral link with your friends and when they buy $100 worth of Bitcoin, you get $10, easy.

Just imagine you find 2 people a day to buy each $100 worth of Bitcoin, you earn $20 a day, $600 a month, $7200 a year, which might worth over $50,000 in few years if Bitcoin reach a new all time high.


FAUCETS

Faucets are very known in cryptocurrency space. There are over 2,000 faucets online which pays in bitcoin, ethereum, litecoin, doge and more major coins.

I am using the oldest faucet in existence, since 2 years and I earned over 0,03 Bitcoins for free, just clicking on 'claim' button everytime I remember about it. I claim hourly 250 satoshi which means 0.00000250 Bitcoin.

FreeBitcoin is the the most popular faucet with over 100,000 visitors daily. You may say 0.03 bitcoin in 2 years is nothing, but just think I didn't do anything for it, I just clicked on a button, it takes 2 seconds.

They also offer a lot of more services, like playing dice or you can participate in their lottery where you can win up to 0.32 weekly. You definitely should check out this faucet.


AIRDROPS

Cryptocurrency airdrops are even more popular nowadays. An airdrop is a like a gift if you do some social media tasks. Let me explain you more.

A new company is born. They issue a total of 100 million tokens. 1 million token from the total goes to marketing departement. They have to grow their twitter, facebook, instagram accounts. So they organise an airdrop where each of us which do the task correctly will receive a piece from those 1 million tokens. Easy like that.

I recommend you taking a look on an airdrop website and bookmark the website. Check daily to see if there are new airdrops added and join them. For some airdrops you will need only a twitter account, for some a twitter account and a telegram account and some airdrops with the value over $50 even ask for your ID card or passport.

Once you receive the tokens you will be able to exchange it into bitcoin when the token will be listed on an exchange. Some airdrops value from $1 up to $100 but don't be dissapointed. Back in 2017, I managed to earn over $10,000 from some airdrops. You never know which coin or token will help you to buy a new car.


STEEMIT

Steemit is a social media platform built on the top of Steem blockchain. Steem is a 3 years old cryptocurrency with no fees and a very fast transfer. Steemit is free to use but it takes few weeks until your account is approved.

You can earn Steem for free just by posting original and qualitative article. You can choose any topic you want. Steemit works like a social media but you have to be original. You post today and you receive the Steem rewards after 7 days.

One steem is worth $0.13 (0.00001600 bitcoin) at the moment of writing this post. Steemit community is very open minded, helpful and will appreciate your original content. Myself I joined steemit 2 years ago and I earned over $20,000 just by writing articles. Steem can be exchanged for Bitcoin directly on their website.


JOIN AFFILIATE SYSTEMS

There are a lot of affiliate systems which pay a lot in commissions but it is very important to choose long term systems so you can build and benefit for more than 1 year. That's why I chosen Prime XBT & Binance.

Both offers very good commissions from your referral trades so this is a fantastic passive income. PrimeXBT offers up to 50% referral commissions back on 4 levels and Binance up to 40% only on one level.

I like PrimeXBT the most because you earn commissions while you're sleeping from your referrals, referrals.

This is fun, it is only me who likes earning free Bitcoin?

I also like to wear some bitcoin. Looks cool, don't you think?

Comments

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    • alocsin profile image

      Aurelio Locsin 

      3 months ago from Orange County, CA

      I had no idea that you could earn bitcoin in these ways. Thanks for heads-up!

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