Since 2014, bitcoins have really taken a rise. There is a lot more to bitcoins and means to
earn them than we generally come to know of.
There are a number of alternatives ways to earn bitcoins for free other than buying them
with lump sum money. Let's now explore the various options in which you can earn bitcoins,
whether free or otherwise.
#1 Buying bitcoins – the most straightforward and efficient way of getting bitcoins is
to buy them. At first, you have to get yourself a bitcoin wallet, which will allow you to
receive, send, or store your bitcoins.
Then, you will need to sign-up to an exchange platform for cryptocurrencies to buy or
sell bitcoins or any other digital currency. Choosing the right platform is one of the
primary and first steps to 'how to get bitcoins' process.
These exchange platforms are just like stock marketplaces wherein you check the
various listings and buy or sell your bitcoins as per your choice. These platforms generally
charge a transaction fee for every sale or purchase. A few of the most popular exchanges
are Coinbase, and BitStamp.
#2 How to get bitcoins for cash - You can also buy bitcoins in person using the
bitcoin ATMs or peer-to-peer acquiring from websites like LocalBitcoins, Bisq, and
Bitquick. Also, there is an option to reach out to digital asset managers like Grayscale
Investments if you are looking for discounted prices. But this process uses
intermediaries and brokers.
#3 How to get bitcoins for free – There are various ways to get bitcoins for free. The
first and most prevailing option is bitcoin faucets.
How to get free bitcoins from Bitcoin Faucets
They are websites which almost drips bitcoins regularly at an interval of a few minutes.
Usually, the bitcoins given out are a tiny fraction, but if they are continued to store over
a long period of time, it can earn gains.
● How to get bitcoins from Mobile or Online games
Is it not exciting to earn while you play or entertain yourself? Undoubtedly it is. There
are many mobile as well as desktop games which pay you bitcoins just for playing them.
One valid question to ask here is why the websites would do this, and how do they
benefit from it? To fund these bitcoin giveaways, the sites bring in more and more
advertisements.
● How to get free bitcoins from affiliate marketing
Affiliate marketing is a great way to earn free bitcoins for bloggers, social media
influencers, and news websites. Every company has a different affiliate marketing
program; one of them is by offering free bitcoins.
The companies provide promo codes to the writers, bloggers, and influencers to reach
out to the audiences. It generates a link, whenever a person visits the link and purchases
anything from the website, the bloggers and marketers get free bitcoins added to their
wallets.
● How to get free bitcoins by crypto mining
Crypto mining or bitcoin mining is a vital part of the bitcoin protocol. It is essential
because if we do not mine enough bitcoins, the circulation gets affected, and so does the
market for cryptocurrencies.
In reality, the easiest way to get bitcoins is by trading them. All you need for this is
dedicated computer hardware and legitimate crypto mining software to enter the pool.
Companies like Honeyminer and NiceHash are renowned for their crypto mining software.
● How to get free bitcoins by shopping online
Many companies, like Lolli and Pei, offer regular bitcoin to their customers. When you
buy an item from a supported retailer, you receive a bitcoin reward. To add this to your
wallet, you have to visit the online store of the supported retailer after downloading
their browser extension.
Upon doing this, the browser immediately sends you a notification of the cashback. It
gets added to your wallet on the retailer's website. You can move it to your bitcoin after
you reach a specific limit.
● Other ways to earn bitcoins for free
There are many other ways of getting started with bitcoins. Doing odd online jobs
like reading books, taking surveys testing websites, and retweeting posts can also earn
you bitcoins for free.
Companies are always on the lookout to attract new users and retaining the existing
ones. One of the most successful ways to do this is by offering cashback or promo codes
or bitcoins for free. It is a better way to engage the users and keep them on the website
for longer.