Best Ways to Earn Free Bitcoin & Crypto
You want to earn some sats by spending time and/or providing some information to platforms that share crypto rewards.
Do you believe that crypto is the future of money? Of course, you do. That’s why you’re here. However, let’s face it. The current situation in the world has left many people out of a job, accepting pay cuts, or having to work reduced hours.
That’s led to lots of crypto evangelists feeling the squeeze, which means that many cannot afford to buy any crypto. But does that mean that you’re frozen out of the cryptocurrency markets? Absolutely not.
In this post, I’m going to go over my top ways to get free crypto. That way you can stack sats and altcoins without spending a cent. Sure, these methods are unlikely to make you a millionaire. However, many are perfect for people with a bit of free time on their hands, who want to get a toe in the water or increase their stack of crypto. I also have a top tip to improve your chances of finding the next Uniswap airdrop as well as a super deal that you will most likely want to take full advantage of. So yes, there is a little something for everyone in this post.
Disclaimer: All the content converted from Coin Bureau’s “BEST Ways to Earn FREE Bitcoin & Crypto!” video after getting the whole permissions
Bitcoin Faucets
My first way to earn free crypto has to be the good old Bitcoin faucets. But what on earth are they? These are platforms that reward users with free cryptocurrency when they complete certain tasks. These tasks usually involve things like typing in captures watching videos, playing online games, taking surveys, I think you get the picture.
You can make some sats with these faucets, but I do want you to have realistic expectations. Back in the day, it was possible to find Bitcoin faucets that paid out one BTC or even more, incredible when you consider the price of Bitcoin today. However, these days the best that the truly dedicated can expect is to make thousands of satoshis a day. Now that may not sound much, but I guess that’s exactly what people were saying years ago about faucets paying 1 BTC or more. But which Bitcoin faucets should you check out?
Cointiply is probably the best Bitcoin faucet that I found. It’s trusted by over 1.7 million people and has paid out over 1.2 million dollars in free BTC.
To get your hands on those three sats, you’ll have to complete offers, do surveys and watch videos. Do that and you’ll slowly build up that crypto stack for free. It’s that easy. But how do you earn the most Bitcoin from Cointiply?
If you log into your account once a day, you’ll get a loyalty boost up to 100%. So you probably want to max out that loyalty boost to get the most reward points for completing tasks, and then cash in those points for real crypto prizes.
There are a bunch of other crypto faucets out there too. So, if this method of learning free crypto is up to your street, then it’s worth diving down the rabbit hole of Bitcoin faucets for yourself.
One thing to point out is that most faucets usually have maximum withdrawal limits. So best to check up on those before getting started. After all, there’s nothing more infuriating than doing a bunch of surveys only to discover, you can’t withdraw that crypto.
But what if Bitcoin faucets are not for you or you want to find other potentially more profitable ways to build up that crypto stack.
Airdrops & Bounties
My second way to get crypto for free is getting involved in airdrops and bounties. But what is an airdrop? No, it’s not when you chuck a load of paratroopers out of a plane.
In crypto, land airdrops refer to a marketing stunt that involves sending coins or tokens to wallet addresses in order to promote awareness of a new cryptocurrency, increase the circulating supply and stimulate trading activity.
Now, while some are drops just require you to have an Ethereum wallet address, most require you to use the product that the project is building. You then have what is termed bounty airdrops, which basically reward you with project tokens for completing straightforward social media tasks.
These can be things like joining a project telegram group or reposting on Twitter. Now, essentially these types of airdrops create a win-win situation where you get free crypto and the project gets marketing and builds its community through the airdrop campaign.
The thing with airdrops is that some of them ended up giving participants a ton of money. One of those was Uniswap last year, which gave anyone who had traded on Uniswap a whopping 400 UNI tokens paid directly into their Ethereum wallet.
That actually even included around 12,000 addresses that only submitted a failed transaction. No, other tasks were required for this airdrop. It was simple. If you had used Uniswap before, then you got 400 UNI. Now at the time of shooting this post, UNI is sitting at around $25 dollars, which means that anyone who got is dropped and huddled got almost $10,000 worth of free crypto. But Uniswap wasn’t the only high-value DeFi airdrop.
1inch did one of their own towards the end of 2020 and a second-round earlier this year to ensure that users who had not received their tokens had another chance to get them.
That February airdrop also distributed 6 million 1inch tokens to Uniswap users as well. So yeah, those chaps using Uniswap sure did well out of this airdrop malarkey To receive the first 1inch airdrop 1inch users needed to have made at least one trade on the DEX before September 15th, 2020. Done at least four trades on the platform made a total of at least $20 in trades.
Basically, if you had met those conditions then you were quids in. Qualified addresses got at least 600 1inch tokens with the average token sum across eligible addresses sitting at over 1,600 tokens. Now, when I wrote this post 1 inch was trading at around $3, this means that DeFi fans who are eligible for the first airdrop ended up getting a minimum of $1,800 dollars in value for free.
Those that continued using 1inch at the start of 2021 got another pleasant surprise with a second wave of air drops too.
But what do the Uniswap and 1inch airdrops have in common? They were both for DeFi projects which had a working DEX and no token prior to the airdrop. So you might want to keep your eye out for similar types of projects.
We have seen airdrops by the likes of Tornado Cash and there are rumors that a few of the other popular DEXs which don’t have tokens yet met airdrop themselves. Sure there’s no guarantee that some crazy airdrop will happen, but if history is anything to go by, it’s not a terrible bet.
Now, back to bounty airdrops where can you find out? Which projects are sharing the crypto community with free tokens?
I’d recommend you check out airdrops.io. This site shows you all the latest hottest and upcoming airdrops all in one place. Even better the site will show you a step-by-step guide on how to participate and the social media accounts you’ll need to get involved.
But what if you wanted to double-check, if there were any additional airdrops going on, and if airdrops.io had missed any, you could hop on over to CoinMarketCap, and check out all the ongoing and upcoming airdrops over there too.
A pretty useful tool for those wanting to do that all-important airdrop research. Now, I want to move on to bounties. Essentially some projects out there make bounties a part of their marketing strategy and a percentage of their tokens are allocated to people like you and me for doing certain tasks.
Those tasks could be things like referring friends on telegram, creating a YouTube video on a project, quoting tweets, joining a project Telegram, and more. So yes, bounties are relatively similar to airdrops and that’s why I’ve loved them together in the same section of this post.
Honestly, these bounties are pretty hard to find, but you can use sites like Bounty0x.io to find the latest bounties out there.
Sure, bounties and airdrops can be a pretty lucrative way to earn free crypto, but what if you’re just dipping your toes into the markets and want to be paid for learning more about crypto.
Coinbase Earn
At three, I have Coinbase Earn. Over here, you basically get paid to do quick educational courses on specific cryptocurrencies.
Now, you can’t pick up a crazy amount of free crypto here, 3 MATIC is worth around $5, 3 GRT is worth around $2 dollars, in 10 XLM is valued at about $4 dollars, and you can earn about $9 dollars in COMP.
However, you can actually pick up around $20 in crypto for free here by simply learning more about these altcoins and being paid for the privilege.
Perhaps those Coinbase Earn courses have wetter your appetite to read even more educational content or even inspired you to create crypto blog posts yourself. If that’s you, then the good news is that there is a way to do all that while still earning free crypto in the process.
Publish0x
My fourth method to get that free crypto has got to be using Publish0x. Honestly, this is a really cool project which I personally love.
It’s essentially a site a bit like Medium where regular people like you and me can make blog posts. Publish0x supplies crypto and you don’t need any cryptocurrency to use the platform.
That crypto can then be used to tip blog post authors. You simply select how much you want to tip the author of an awesome blog post and how much you want to keep for yourself. So if you’re a bit of a wordsmith then you can monetize those writing skills by posting content on Publish0x and getting tipped by users.
Now, the third way to get free crypto here is by sharing top-notch articles. Basically, if a person share that article with tips, you get 5% of every tip your audience brings.
It works very much like a referral program. That most people will not get very much free crypto here. However, there are some truly fantastic articles here for you to get value from.
Also, content writers and referrers can sometimes earn a surprising amount of crypto too. So as a crypto educator it would certainly be remiss of me to miss this one off the list. But what if you’re not a wordsmith, all you feel that writing those crypto articles sounds a bit too much like hard work.
After all work and no play is a recipe for unhappiness. Maybe you want to focus more on the play part and get free crypto while you’re at it. Well, that’s actually entirely possible.
Blockchain Games
The next way to get free crypto is actually through playing blockchain games. Now, one game that I may be enjoying a bit too much at the moment is Town Star created by Gala Games.
That company was actually founded by the co-founder of Zynga who was the chaps behind Farmville. So yes, Town Star is basically a crypto version of Farmville.
What’s super interesting is that in Town Star, you are essentially competing in a blockchain ecosystem to build one of the top 200 most successful settlements each week.
Make it into that top 200 and you’ll win GALA tokens. Seriously there are people out there right now making hundreds of dollars worth of GALA tokens a week by just playing this game.
But what other play-to-earn games are there out there? You have Lost Relics which I’ve talked about in a previous post built by a One Man Army. This game has a blockchain marketplace within it, powered by (ENJ). The core gameplay is an action-adventure RPG and you essentially go around different worlds killing monsters.
But what’s the goal of the game? That can be distilled down into two main objectives. Survive, get Epic Loot. Now, what’s interesting is that Epic Loot comes in the form of NFTs or non-fungible tokens, and these actually have a monetary value and can be traded on the engine marketplace.
Some of those items are literally one of them and give you special abilities within the game. Yes, there will be quite a lot of grinding to get truly rare NFTs that are worth money. However, some of those super-rare NFTs can be worth thousands of dollars. So if you get an epic NFT drop within the game then you can hop on over to the Enjin Marketplace sell it, and you have effectively got free crypto for just playing a game.
If you want to learn more about the engine ecosystem, I have actually already created a dedicated post about the project so if you’re interested in blockchain games then you may read on Medium post below.
So essentially, there are two types of games that you can earn free cryptocurrency from. The first is by getting coins or tokens as a direct in-game reward. The second is through earning super rare NFTs in-game and selling them for crypto on NFT marketplaces like Engine wearable and Opensea.
But what if you’re all games out and you want to actually share and bounce ideas around with other crypto fans instead? Well, there is a way to do that and earn free crypto in the process.
Now I’m sure that most of you have about Reddit and the legendary cryptocurrency subreddit. What many people do not know is that last year, Reddit implemented a community point system.
This is a mechanism that enables users of subreddits to be rewarded for their contributions with a unit of ownership in their subreddit.
Those points in the cryptocurrency subreddit are called MOONs and ERC20 tokens on the Ethereum blockchain. These can be earned through insightful comments, tipped, won, and spent on unique items within the community.
In short, the more karma you earn in the cryptocurrency subreddits the more MOONs you get the following month. So yeah you really can earn cryptocurrency for free by being an active member of the community.
But what if you already have some crypto and want to leverage it to earn more free crypto. There is a way of doing that. Allow me to enlighten you.
Binance
My final way to earn free crypto is by using a couple of products and services on Binance. Binance is widely known as the king of crypto exchanges. However, these folks offer a whole lot more than merely crypto trading.
Now, I don’t know about you, but most crypto holders that I know just leave that crypto in a hardware wallet and sit there waiting for the price to go to the moon. Sure that’s one strategy. However, you could instead put that crypto to work by supplying it on Binance and learning sweet interest.
Fixed savings rates for BUSD, are around 6% APY at the time of shooting this post, and the rate of USDT is over 5.5%, and that’s significantly better than any rate, I’ve been able to find at a bank and could be a great way for you to put some of that stable coin dry powder to work.
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