Bitcoin (BTC) is the world’s most popular cryptocurrency. It is the biggest cryptocurrency by market capitalization, and many people are interested in accumulating or speculating on the price of Bitcoins. The traditional way of getting BTC is by “mining,” referring to using powerful computers to solve mathematical problems. This process requires expensive hardware and intensive electrical energy, which makes it difficult.
The good news is that many other ways to get free BTC without mining exist. They include
Reward Games
Many blockchain-based games give users BTC rewards for gameplay. You’ll usually get small units of Bitcoins when you reach specific milestones or complete levels. The games include puzzles, action, quizzes, quests, etc.
Games that give free Bitcoins usually require a specific amount to withdraw to your wallet. Hence, you must play significantly before hitting the withdrawal limit.
Crypto Debit/Credit Card Rewards
Many cryptocurrency exchanges and wallet providers offer debit and credit cards to their users. These cards let people spend the tokens in their wallets on real-world fiat purchases. The tokens are automatically converted to fiat at the point of purchase and deducted from your wallet.
Crypto card holders can earn rewards just like with normal credit cards. The card providers offer rewards in many tokens, including BTC. For instance, users can earn 1% cashback on every purchase, which’ll be deposited in their wallets at BTC.
Crypto faucets
Crypto faucets are websites that give users free Bitcoins for completing tasks. The tasks include watching ads, completing surveys, playing games, etc. These faucet websites pay a small amount of Bitcoin for each task, and you can withdraw your rewards once it hits a certain level.
Browsers
Web browsers haven’t been spared from the blockchain revolution. Many blockchain-based web browsers have emerged, offering users crypto rewards for surfing the web. You just need to install the browser on your system and visit websites to earn rewards. These browsers usually come with integrated crypto wallets to collect your BTC rewards.
Lending
You can lend your Bitcoins to other crypto investors and earn interest. Many centralized and decentralised exchanges let you do this with ease. The difference is that a centralized exchange is controlled by a third party, while a decentralized exchange has no central authority.
You can deposit your BTC into lending pools with a specific interest rate. Note that this method carries risks like all lending activities. Beware of lending programs promising unusually high interest rates (>10%) because they are likely scams.
Referrals
Many exchanges have referral programs for users. You can join these programs and earn free Bitcoins for each successful sign-up you refer. Referral programs usually offer small one-time bonuses of between $10 and $50. You can earn a substantial sum from these programs if you play your cards right.
Freelancing Gigs
Many job platforms have emerged to capitalize on the booming cryptocurrency sector. These platforms curate jobs that freelancers can perform in exchange for Bitcoins. You can join these sites if you have relevant skills, such as content writing, video production, marketing, programming, etc.
Website Donations and Tips
You can solicit BTC donations from loyal readers if you own a blog or website. You can simply add your wallet address or QR code, and readers can send Bitcoins to support your website.
Conclusion
We have explained the tried and tested methods of earning free Bitcoins outside mining. You can try your luck and earn substantial profits from these methods.
