How to earn free Bitcoin? Earn free crypto in 2024

Discover easy ways to earn free bitcoin! Explore tips, tricks, and platforms for maximizing your cryptocurrency earnings without investment.

Apr 27, 2024 - 12:27

May 4, 2024 - 12:09

How to earn free Bitcoin? Earn free crypto in 2024

Exploring the best methods for acquiring bitcoin without cost: An in-depth examination

1. Sign up for a crypto casino and claim a welcome bonus

Numerous crypto gambling platforms entice users with free Bitcoin upon registration and deposit, typically in the form of deposit match bonuses. For instance, a 100% match bonus means if you deposit $1,000 in Bitcoin, you receive an additional $1,000 in Bitcoin.

The top Bitcoin casinos often offer substantial bonuses exceeding $1,000. For instance, Inmerion provides a welcome bonus of up to 5 BTC (equivalent to over $350,000 at current Bitcoin rates), while mBit offers 4 BTC (over $280,000). Although maximizing these bonuses requires significant Bitcoin deposits, smaller bonuses are available for deposits as low as $20 worth of BTC.

However, there's a condition to the free Bitcoin earned from casino bonuses: you must wager the funds before withdrawal. Many casinos impose a wagering requirement, often around 30 times the bonus amount. For instance, a $1,000 bonus necessitates $30,000 in casino wagers before Bitcoin withdrawal.

Nevertheless, winning during wagering could boost your Bitcoin earnings.

Pros √	Cons ×
Receive over $200,000 worth of free Bitcoin. Opportunity to increase Bitcoin holdings through winning during wagering. Access to bonuses with a low minimum deposit requirement of $20 or less in BTC.	Earnings are proportional to the amount of Bitcoin deposited. Necessity to wager Bitcoin on casino games prior to withdrawal.

2. Engage in coinbase's learn and earn initiative

Coinbase presents its Learn and Earn initiative, enabling users to acquire various crypto tokens, easily convertible to Bitcoin through Coinbase's exchange. Presently, participants can earn up to $3 in $SHPING tokens and $3 in $NEAR tokens.

To access the free tokens, individuals must complete brief educational courses elucidating the utility of each token. Following the course, a quiz evaluates comprehension, and upon successful completion, the tokens are promptly credited to the Coinbase account. With fresh tokens introduced monthly, users can continuously engage in educational content to acquire complimentary cryptocurrency.

Pros √	Cons ×
Opportunity to earn alternative cryptocurrencies that can be exchanged for Bitcoin. Requires only a short amount of time to complete. Regularly introduces new rewards on a monthly basis.	Lack of Bitcoin rewards available through the program. Limited availability of complimentary cryptocurrencies.

3. Establish a cryptocurrency savings account

Cryptocurrency savings accounts operate similarly to conventional savings accounts. You deposit funds and receive interest on your Bitcoin at a fixed or variable rate. The interest is provided in Bitcoin, and you have the option to withdraw it to your wallet or let it remain in the interest account to accumulate additional Bitcoin over time.

Several platforms provide elevated interest rates for alternative cryptocurrencies, allowing users to accrue additional interest in another token and subsequently exchange the accumulated coins for Bitcoin.

However, it's crucial to note a significant distinction between crypto interest accounts and traditional savings accounts: crypto accounts lack FDIC insurance. Despite the longevity of the aforementioned platforms, there remains a risk of potential loss of deposited cryptocurrency in these accounts.

Pros √	Cons ×
Earn a 4% APY or higher on select platforms. No tasks or ongoing maintenance necessary. Ability to earn higher interest rates in alternative cryptocurrencies.	Ownership of Bitcoin or another token is a prerequisite. Interest rates are subject to change without notice. Lack of FDIC insurance for accounts.

4. Access a bitcoin faucet

Bitcoin faucets are websites that offer complimentary Bitcoin regularly in exchange for completing minor tasks. These tasks may involve answering questions, playing games, or watching advertisements. Typically, these tasks require only a few minutes of your time, and in return, you can claim Bitcoin worth up to hundreds of dollars.

Prominent Bitcoin faucets include Free Bitcoin, Faucet Crypto, and FreeBitcoin.io. These platforms allow you to revisit hourly or daily to accumulate more free BTC, offering the potential to earn a substantial sum with consistent engagement. Bitcoin faucets stand out as a prime method to earn Bitcoin for individuals without existing cryptocurrency holdings—all that's required is a crypto wallet.

It's important to note that some sites impose minimum withdrawal thresholds, meaning it may take several days to accumulate enough Bitcoin before withdrawal to a wallet is possible.

Pros √	Cons ×
Potential to earn up to hundreds of dollars worth of BTC. Quick and simple tasks are all that's required. Option to participate in multiple faucets simultaneously.	Distributed amounts per claim are typically very small. Certain faucets may enforce minimum withdrawal limits.

5. Participate in the 99bitcoins presale airdrop

99Bitcoins has initiated a presale for its novel $99BTC token, accompanied by a $99,999 BTC airdrop as part of the celebration. The airdrop is open to all at no cost and will grant 99 fortunate winners over $10,000 worth of Bitcoin each. It's perceived as one of the premier methods to accumulate Bitcoin in 2024.

The 99Bitcoins airdrop can be accessed through the Gleam widget on their website, offering 7 distinct avenues for participation:

Signing up on the 99Bitcoins website (equivalent to 2 entries!)
Joining @Official_99_Bitcoins on Telegram
Visiting 99Bitcoins on YouTube
Visiting 99Bitcoins on Facebook
Exploring the 99Bitcoins presale website
Submitting your presale wallet address
Submitting a Bitcoin wallet address

Furthermore, completing all 10 entry actions unlocks a bonus, providing multiple extra entries. It's essential to carry out these tasks directly through the 99Bitcoins Token website.

The winners of the airdrop will be chosen randomly on July 19th. This presents an excellent opportunity to acquire over $10,000 worth of free BTC, and participation in the airdrop is completely free of charge.

Pros √	Cons ×
Potential to earn over $10,000 in free BTC if selected as a winner. Opportunity to obtain multiple entries by completing straightforward actions. No obligation to purchase tokens to participate in the airdrop. Bonus entries awarded upon completion of all 10 tasks.	Limited to only 99 entrants who will receive free Bitcoin.