Getting Bitcoin For Free

Edythe Daigle/ January 26, 2021
Getting Bitcoin For Free

With high volatility among other advantages, Bitcoin has gained much popularity in the cryptocurrency industry compared to other decentralized currencies. The process of getting them is not that familiar with people as much as they’re in demand mining or purchasing from someone who already has it is a common way. Mining Bitcoin is not a simple task as you would need a powerful computer and have to be good at mathematics. That doesn’t mean that you can’t get Bitcoin the easy way that is also for free other than doing complex calculations, there are several ways you can get Bitcoin, such as taking surveys. Some websites offer Bitcoin as token rewards when you answer questions or complete given tasks.

An example of that site is

An example of that site is CoinTiply setting up an account with CoinTiply is free, and after registration, you’ll receive tasks that will earn you free Bitcoins. The duties available in CoinTiply do not serve one category but are tailored according to a person’s age and location to make them doable. It takes more time than you’d wish, but it’s all worth it if you want to get free Bitcoin, so be patient. Another method of earning free Bitcoin is through coinbase, a crypto exchange platform offering free BTC just for learning about cryptocurrencies. Start by creating an account for free on their coinbase earn site. It is on coinbase that you’ll be taught about the available cryptocurrencies on the platform and then get awarded with cryptos like Litecoin, which you can trade for Bitcoin.

Getting Bitcoin For Free

Being a cryptocurrency exchange platform, coinbase allows its members to trade one coin for another without charge through a P2P network. Instead of earning fiat currency, people work and get Bitcoin as payment without considering their profession. That can be done by offering their services on a platform like Jobs4Bitcoin. By doing your daily shopping online, you can get free Bitcoin tokens for it, but the site you’re using to shop should support Bitcoin rewards. A commonly known site that gives free Bitcoin for shopping through it is Lolli. Lolli has over 500 partner stores that users can shop at, at the comfort of their home, and earn Bitcoin while at it. In case your wallet already has Bitcoin, you can get more by lending through a P2P network and get back interest in the form of BTC.

Blockfi is a cryptocurrency platform that allows members to lend others their BTC and get it back with an interest of up to 8%. Another way to increase your Bitcoin is by trading in cryptocurrency exchange platforms like Binance. Due to high volatility, the value of Bitcoin fluctuates, and that could work to your advantage by holding on to them when their value is low then wait for it to rise in value. Some of these ways are effective than others, but they all guarantee you free Bitcoins in your wallet. For example, mining takes a long time, and the reward is significant compared to the other methods. Still, it shouldn’t be a problem if a person wants to get Bitcoin the easy way.