How to Earn Free Bitcoin?

With 5 month passed in 2019, it’s time to delve slightly deeper into proven ways to earn free Bitcoins. BitCoin (BTC) offers money-making opportunities for people with an entrepreneurial spirit. This digital asset makes starting an online business faster and easier than ever before. If you want to know how to earn bitcoin fast, let’s explore the bitcoin earning tricks and the most profitable ways to earn free Bitcoin in 2019.

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There is an old saying in life: “There is no such thing as a free lunch”. While this may be true, is there such a thing as a free Bitcoin? Has the new digital age of “magical internet money” really provided a new way for everyone to get rich while doing nothing? Here we answer the question of how to earn free bitcoin with our 6 methods listed below.

1. Gambling

People usually lose money by falling for scams. Moreover, you would typically lose money overall when gambling. If an offer asks you to make a payment without notifying what you’re getting in return, there’s a fair chance it’s a scam. There are true and legitimate ways of getting small amounts of bitcoin for free on bitcoin gambling sites. These sites are legitimate as online gambling with any other kind of currency. Though these sites might be full of ads or malware, and you’ll typically lose money overall, but you may get a free bitcoin from it.

Pros:

  • Gambling has potential for high earnings
  • Gaming is fun (if you’re winning) and easy

Cons:

  • If gambling, high risk involved
  • All too easy to blow through your crypto quickly and have nothing left

2. Bitcoin Faucets

A bitcoin faucet is a certain feature on websites which steadily drips bitcoin. Like for instance, a website might dispense a fraction of free bitcoin every second as a promotion. It’s usually an extremely small amount, awarded to one user every few minutes. If a faucet holds visitors on a website, it may translate to higher ad revenue, increased engagement or other benefits for the site’s owners that make it worthwhile.

Pros:

  • Very easy

Cons:

  • Rewards are tiny
  • Boring and time-consuming
  • Don’t always payout as promised
  • At 1 Satoshi average payout per click it will take a 3472 days of non stop faucet action to accumulate 1 BTC – riveting stuff!
  • It’s a tragic and colossal waste of time to generate any real amount of Bitcoin, really we don’t recommend it.

3. Bitcoin Games

Many online games award small amounts of bitcoin as a prize. Typically filled with advertisements, it works similar to bitcoin faucets. The bitcoin rewards engage gamers to play and view ads. Thus, the game has emerged a great source for advertisers to reach people by offering bitcoin prizes.

 

4. Affiliations and Referrals

Many cryptocurrency-related services and websites will reward customers in Bitcoin for sharing affiliate links or simply referring the site to a friend. If you have a blog or website you can often sign up to affiliate programs and promote the link via your site. If your blog or website has a lot of subscribers this is an excellent way to passively earn Bitcoin with the least amount of effort.

The worlds most popular Bitcoin wallet provider, Coinbase, offers $10 worth of Bitcoin for every user that signs up via an affiliate link.

Bitit.io is an online cryptocurrency broker that offers a comprehensive affiliate program that pays commission in Bitcoin. Users can earn Bitcoin by placing an affiliate link on their blog, integrating a banner on their website or simply inviting friends and family by email.

 

Pros:

  • Potential for good passive income
  • Very little effort required

Cons:

  • Requires either an existing subscriber list or hassling your friends and family

5. Mining

This is the oldest and most appealing way to earn Bitcoin instantly. With this fast, cheap, and low-risk, you can essentially make money for nothing. All you need is your own home computer to mine bitcoins. You may need Bitcoin Miner and then join a mining pool, which is basically a group of miners. These miners make a group to mine bitcoin by combining their efforts and then split the rewards accordingly. The network of bitcoin mining is mostly dominated by big players with hundreds of thousands of dollars of computing power dedicated to bitcoin mining.

6. Microtasks

This is the easiest methods for how to earn bitcoins fast by only investing your time. All you have to do is do small tasks and earn small fractions of BTC for the time you spend. There are many websites that allow you to earn free Bitcoins in exchange for some of completing various tasks. The tasks you have to do to earn free bitcoins varies from site to site, and some common tasks include watching promo videos, filling survey forms and playing games. And the latest method to earn Bitcoin is to test applications on phones and tablets.

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