Bitcoin (BTC) is the world’s most popular cryptocurrency. It has remained on top of the crypto market since its release in 2009. Many wonder whether Bitcoin is a good asset to hold in the short or long term. If you fall into this category, don’t fret. You can get your foot in the door by earning a small amount of free Bitcoins; this article will explain how.
7 Best Ways To Earn Bitcoins
1. Airdrops
Many crypto exchanges and businesses give away small tokens for brand promotions. These giveaways are called airdrops because they involve dropping tokens into random wallets. For example, a new crypto exchange can airdrop free Bitcoins into the wallets of new users to encourage signups.
You can check around the web for the latest airdrops to participate in. X (Twitter) is a good platform to find them. You can also use dedicated airdrop finder websites like Airdrops.io, AirdropsMob, AirDropAlert, etc.
Airdrops usually have eligibility requirements, such as holding a specific amount of an existing token or engaging with the promoter’s social media channels. But, a few have no requirements other than creating an account.
2. Mining
Mining is the usual way people get free Bitcoins. It’s not exactly free because you need powerful computers to solve mathematical problems. You can use your standalone graphics processing units (GPUs) or join public mining pools to combine processing power to mine BTC.
BTC has a maximum supply of 21 million, and over 19 million tokens have been mined so far. Mining gets harder the more BTC nears its maximum supply. For reference, it’ll take more time to mine the remaining 2 million tokens than it took to mine the preceding 19 million.
It now takes more computing power than ever to mine BTC, but you can still earn some free tokens from this avenue.
3. Bitcoin Debit Cards
Many exchanges offer debit cards that allow you to spend the money in your wallet. You can use the card to pay for fiat-denominated items, and the issuer will deduct the equivalent amount of tokens from your account immediately.
Card issuers often offer cashback rewards to customers, and you can earn free Bitcoins this way. You can shop for the card offering the best cashback rates. Some cards offer additional perks, such as discounts on specific websites or zero transaction fees for the first few months.
4. Games
You can earn free tokens by playing blockchain games on your desktop or mobile phone. For example, some games give free Bitcoins to users who pass certain levels. Some blockchain-based trivia games give tokens to people who participate and answer questions correctly.
You can download these games on the Apple App Store or Google Play Store. You can also play them directly on your PC. Examples of such games include Durodogs, Bitcoin Blast, and Peergame.
5. Tips/Donate Buttons
If you own a website or blog with significant followership, you can include a donation button to receive tokens from loyal readers. You can post your wallet address on the website or insert a payment button from a crypto payments processor.
6. Affiliate Programs
Many crypto projects run affiliate programs that give BTC rewards. For instance, you can refer people to trade on the platform, and you’ll receive a bonus for every new user originating from your referral link.
You can promote crypto hardware, e.g., hard wallets and mining rigs, and earn money for every sale you refer. You can also refer people to cloud mining services. The possibilities are endless.
7. Faucets
Bitcoin faucets are websites that give people minute amounts of BTC tokens in exchange for completing menial tasks like watching an ad, filling out a survey, completing a captcha, etc. This method of earning free tokens is the easiest but brings smaller rewards than the others on this list.
