Bitcoin is the most expensive digital currency valuing $9,584.15 per coin at the time of writing. It is among the hottest investment options for investors around the world. Even the people who once believed it would never gain real-world value are starting to ask how to get bitcoins for free.
Not only that, but individuals who had never heard of Bitcoin are also now finding ways to invest in Bitcoin. As a result, several money-making opportunities have emerged in the crypto industry.
In this article, we will highlight those opportunities and discuss a lot of different ways to earn free bitcoins.
Related: Bitcoin Price
HOW TO GET BITCOINS FOR FREE IN 2020?
If you want to get bitcoins for free in a large amount, then mining is your best option. It involves the use of powerful computers capable of solving complex mathematical problems to generate bitcoins.
Remember that this currency is set up in a way that only 21 million bitcoins can ever be produced. Currently, 18,227,187.5 are in existence and 2,772,812.5 are left to be mined. With each new coin mined, the mining difficulty increases. This means that every time you generate a new coin, it will take more time and computing power to produce subsequent coins.
Free Bitcoin Generator – Bitcoin Faucets
Bitcoin faucets are basically micro-tasks that pay a tiny amount of Bitcoin – typically 1 Satoshi – for your time. Satoshi is the smallest unit of Bitcoin which equals 0.00000001 BTC.
Although the amount paid by faucets is too small, it is an excellent way for those asking how to get bitcoins for free to step into the crypto world and get some bitcoins in their digital wallets.
Ledger Nano S, Trezor One, MyCelium, and Electrum are some of the top wallets that you might want to use for storing bitcoins.
Bitcoin Related Promotions
You can get bitcoins for free now by marketing Bitcoin-related products. The best thing about this approach is that you don’t need to own bitcoins. Instead, you just need to sell Bitcoin-related products or services to the people who are looking to invest in the crypto industry.
The best way to become a Bitcoin marketer is affiliate marketing. You can use Amazon Affiliate Marketing to promote mining devices and get paid in Bitcoin.
In case you weren’t aware, the freelancing industry offers plenty of opportunities to earn bitcoins. Hundreds of jobs are posted online by the companies/individuals who are willing to pay the workers in their preferred currency. So if you have expertise in a particular field, you can sell that in the freelance marketplace and earn online fairly significant amounts of Bitcoin.
It’s important to know your skillset before jumping into freelancing as it will help to narrow down the jobs you should be looking. Currently, writing, programming, graphic designing, and video editing are the most popular options. But you don’t have to pick a job that doesn’t relate to your expertise. The services you’ll be selling should always depend on your personal interests and skills.
Becoming a blockchain developer is another excellent option for those asking how to get bitcoins for free. Compared to the solutions mentioned above, blockchain development is far more complicated. But it also offers great payouts!
To start with, you’ll need strong programming skills along with a deep understanding of blockchain network. From there, you should start looking for websites that are planning to accept payments in Bitcoin.
As you may already know, Bitcoin gaming is a great way to get bitcoins for free. Although the prize is often small, you can make it big by spending more time playing online games.
Bitcoin games work the same way as Bitcoin faucets. They are typically filled with advertisements and require gamers to view those ads while playing games. For each ad you see, a small amount of bitcoin is transferred into your digital wallet.
Bitcoin gaming is a great way to grow your crypto assets and to connect with new people.
How to Get Bitcoins For Free – Donations
Collecting Bitcoin through donations is a practical but challenging approach. To make it work, first, you have to set up a web page and ask for Bitcoin donations. You must also provide a wallet address and QR code on your web page so that donors can transfer their coins.
Once the donations start coming in, you can use them to improve the web page and spread awareness among those asking how to get bitcoins for free.
Receive Salary in Bitcoin
To grow your Bitcoin assets, consider working for a company that pays in Bitcoin. In case you are already employed, and your current employers pay in traditional currency, you can ask them to pay a portion of it in Bitcoin. It’s a far better and useful approach than spending hours on online games that only pay tiny amounts of crypto.
Bitwage is a Bitcoin payroll company that offers Bitcoin salaries to its employees. Working for it might genuinely help a buff like you to earn free bitcoins.
Is free Bitcoin legal?
Yes, free bitcoins are legal if earned through legitimate ways such as the ones mentioned in the article.
Is it possible to mine bitcoins on phone?
It’s entirely possible to mine bitcoins on phone. Several apps are available for Android users that allow the mining of Bitcoin and other cryptocurrencies on phone.
What are the top Bitcoin mining apps for android?
These are the top mining apps for android users:
- MinerGate Mobile
- Mobile Mining
- Droid Miner
- Phoenix Miner
- AA Miner
- NeoNeon Miner
- Pocket Miner
How long it takes to mine one bitcoin?
On average, it takes 10 minutes to mine one Bitcoin. After being mined, it splits among the participating miners.
How to get bitcoins for free?
You can earn free bitcoins in the following ways:
- Bitcoin faucets
- Promotion of bitcoin-related services
- Blockchain development
- Bitcoin games
- Receiving salary in Bitcoin
You may also like this: Best Cryptocurrency to Invest In 2020