How To Get Free Bitcoins | 5 Ways To Earn Free Bitcoins
Learn how to get free Bitcoins today by doing the things you like. Do you know you can earn free Bitcoins by watching engaging videos, answering surveys, and downloading apps?
If you are in New York City (NYC), Los Angeles, Alabama, and are looking for how to get free Bitcoins on the side or you only need free bitcoins to learn more about how Cryptocurrency works, then I have something best for you.
Is there anything like ‘free’ in Bitcoins? How can one earn free Bitcoins into their wallet? Well, if that’s the question right in your mind, then look no further. I have all the answers for you right here in my definite article.
What is Bitcoin?
Bitcoin is a cryptocurrency invented in 2008 by an anonymous person or group of people using Satoshi Nakamoto. The currency became effective in 2009 when its implementation was released as open-source software.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries’ need.
So why is everyone searching for how to get free bitcoins today? The following paragraph will help you understand why Bitcoin is becoming so popular today and why you need to earn some for free.
Why Is Everyone Talking About Bitcoin?
The virtual currency has had a volatile trading history since its creation in 2009. The first price hike occurred during 2013 when one bitcoin was trading at around 1,124 U.S. dollars in November.
Four years later, bitcoin experienced a swift rise and attained record highs, with some exchanges having a single bitcoin price at nearly 20,000 U.S. dollars in late 2017.
However, prices soon started to fall in the months that followed. In the third quarter of 2020, there were around 18.5 million bitcoins in circulation worldwide, and the market capitalization of Bitcoin was approximately 200 billion U.S. dollars.
Because of its exponential level, It has now become one of the most popular investments ever. That is why you hear more people talking about Bitcoin.
Therefore, if you want to start heaping satoshis or experimenting with using digital assets without spending any money, there are several options available for you to get free Bitcoin.
Before we come to how to get free Bitcoins, it would be good if you get familiar with some Bitcoin terminologies.
So let’s go!
Bitcoin Terminologies
1. Blockchain
All the transactions made using bitcoins are registered in a public ledger, which anyone in this world can view. This public record is called a blockchain — and it’s what made bitcoin so great in the first place! The blockchain contains all the transactions ever made using bitcoin.
Cryptography
According to the basic definitions of cryptography, it is the process or art of making and cracking codes. Cryptography is the foundation of Bitcoin, so it is called a ‘cryptocurrency.’
Decentralization
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and issuing bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin, and everyone can participate. And this is why it is decentralization.
Satoshi
Satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the blockchain protocol and the bitcoin cryptocurrency.
Mining
The blockchain is checked every ten minutes to confirm transactions. This process is carried out with the help of bitcoin mining. Bitcoin mining involves using a computer to perform mathematical calculations, check the authenticity of every transaction, and confirm them.
Private Key
Whenever we use an online payment gateway, we either have a password or a code to gain access.
Similarly, in bitcoin, you have a password; with that, you can spend the bitcoins from your bitcoin wallet through a cryptographic signature.This password, like any other password, should never be revealed to anyone.
How To Get Free BTC Without Investing
If you’re ready to learn how to get Bitcoins for free without investing, then look no further. I got you covered! Below are the 5 legit ways to earn free Bitcoin instantly with your smartphone or Laptop.
1 CoinTiply
One of the best websites to get free Bitcoins is CoinTiply. It is a completely free website to sign up and get free Bitcoins. Unlike other survey sites, Cointiply offers so many simple tasks you can do to earn points to be redeemed into your Bitcoin Wallet account. All you have to do is head over to their website and create a free account.
When signing up, do not use a fake or temporal email address, as you will be asked to confirm or approve your withdrawal request via email.
Participate in offers such as watching videos, completing surveys every day, downloading mobile apps, and many other simple tasks. It has good feedback and reviews on the Trust pilot, which means their service is good.
Although earning points for Bitcoin won’t make you an overnight success, therefore, making time for it, being persistent will make you earn money on the side.
2. AdBTC
AdBTC is another website that rewards its users with free Bitcoins. It allows its users to get free Satoshis (a small unit of Bitcoin) that can be withdrawn into a Bitcoin wallet. AdBTC is not a Bitcoin mining website. You earn satoshis by viewing bitcoin webpages or Ads.
I thump it up due to more reviews and good feedback from customers on Trust Pilot, and per my research.
3.Trust Dice
If you’re into gaming, betting, or sports, Trust Dice is the best site to earn free bitcoins. They offer more than 2000 games on their platform. It is the only site that allows its users to request a free claim every 6 hours as soon as they’ve gattered 100 satoshis.
They also give a token known as TXT for your daily visits, which in turn serves as dividends to your balance. Not only that, each time you place a bet on the platform, you receive a mining power that is converted to TXT within 24 hours.
4.Betfury
Betfury is another legit way to earn free Bitcoins cash. It is the easiest way to get cryptocurrency without any additional knowledge.
Their system is so unique and straightforward that it gives everyone a chance to earn.
Sign a free account with Betfury and start receiving free Bitcoins today. After successful signup, login into your account and choose boxes on the page to maximize your income and participate in more betting to get tokens.
5. Get Free Bitcoins Through Affiliate Programs.
Have you heard of affiliate marketing? The act of referring a customer or people to a merchant store to purchase whiles getting commissions in return. Learn how affiliate marketing works and how you can use it to get free Bitcoins.
Affiliate Websites To Get Free Bitcoin
Binance
Coinbase
BitMEX
LocalBitcoins.com
Bitpanda
CEX.IO
Summary
As you can see, there are plenty of ways to get free bitcoins. We hope you enjoyed our article on how to get free Bitcoins. With the help of this guide, you should now be able to find the best Bitcoin faucets to earn free Bitcoins.
If you have any other questions or concerns about Bitcoin, don’t hesitate to leave a comment anytime in the comment section below. Thank you for reading.
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