Bitcoin (BTC) is the world’s most popular cryptocurrency and the largest by market capitalization. Bitcoin has remained atop the cryptocurrency sector since its release in 2009. Many people wonder how to get free Bitcoins; this article will explain that.
The best ways to get free BTC include:
Many crypto platforms, e.g., exchanges, wallets, and lenders, host regular giveaways as part of marketing efforts. Some offer small amounts of BTC to people who meet the requirements of the airdrops, usually creating an account on their platform and/or holding a minimum amount of a specific token.
You can follow crypto news sites to get notifications about the latest airdrops. You can also follow popular crypto-related Twitter accounts to get alerts. Likewise, you can sign up on dedicated airdrop finder websites like Earnifi, Earndrop, Airdrops.io, etc.
2. Crypto Cards
Many cryptocurrency exchanges and wallet providers offer debit/credit cards to users. These cards usually have cashback rewards paid in BTC or other tokens. You can request a crypto card from your exchange or wallet provider and use it to spend the tokens in your wallet. You’ll pay for items with fiat, and the equivalent amount of tokens will be deducted from your wallet at a fixed exchange rate.
Crypto cards usually offer 1% to 10% cashback, allowing users to earn sizeable BTC rewards.
Crypto faucets provide another way to earn free Bitcoin. Faucets are websites that reward users for completing tasks, such as filling out a survey, solving a CAPTCHA puzzle, solving puzzles, etc. They are called faucets because they give small drops of cryptocurrency, similar to a leaky bathroom faucet.
You can perform tasks and earn small amounts of BTC from faucet websites. They usually let you accumulate your earnings and withdraw them to your wallet once it crosses a specified threshold.
Many blockchain games offer BTC rewards to users. For example, you can play trivia games and earn Bitcoin for answering questions correctly. You can also play adventure games and earn BTC by battling with other players. Some games allow you to train virtual characters and sell them to other players for tokens.
Endless types of games allow you to earn digital tokens as rewards. Some of these games incorporate gambling, which carries risks, so beware.
5. Bug Bounties
Many crypto platforms offer bounties to skilled developers and pen-testers and identify and report bugs to them. For example, if you observe a bug that enables hackers to steal user information, you can report it to the platform’s administrator and claim a sizeable reward.
The bounty usually scales according to the severity of the bug you report. It presents a good opportunity to save the day and earn BTC as you do that.
Mining is the original way to get free BTC. You can mine Bitcoins by using powerful hardware to solve mathematical problems. You’ll receive rewards for validating and recording transactions on the Bitcoin network.
Mining requires sophisticated, often expensive hardware like Nvidia Graphical Processing Units (GPU). You can set up a small independent mining operation if you can afford the hardware. Otherwise, you can add your processing power to a mining pool to make it easier; you’ll pay the pool operator a percentage of your rewards.
The maximum number of BTC that can be mined is 21 million, and over 19.5 million have been mined so far. Mining Bitcoins has become harder than ever, but it’s still doable.
We have explained the best ways to get free Bitcoin. Follow our tips, and you can get small amounts of BTC to spice up your crypto portfolio.