How to get some Bitcoins?

How to get free Bitcoins - Source: Pixabay
How to get free Bitcoins - Source: Pixabay

Many trading platforms allow you to convert your dollars into bitcoins (and vice versa). Fees differ depending on the service. However, be wary of bitcoin-related frauds and bogus sales websites. See also our guide on purchasing bitcoins without getting scammed.

We can distinguish :

– Trading platforms that accept SEPA transfers (such as Binance, Bitstamp, Paymium, or Zebitex) allow you to make market-priced purchases with low fees. Payment via credit card is frequently feasible, however, the fees are substantially higher. These platforms, which maintain accounts in euros, must be supported by an ACPR-approved credit, payment, or electronic money institution. The registration procedures are often extremely stringent. We will also separate platforms that manage Lightning Network payments and allow micro-transactions to be done at the lowest cost, such as Bitfinex. I can also suggest looking into Swissborg to buy Bitcoins at an optimized price

— Services like Paymium that acquire bitcoin at regular intervals to smooth the average buying price;

– Escrow platforms connect buyers and sellers without keeping euro/usd accounts. The selling prices are frequently greater than those of the market, although the methods of payment vary: cash, a postal account mandate, or a bank transfer

– one-way sales points (you cannot sell bitcoins there) Payment by credit card or Neosurf prepaid cards is occasionally accepted for an extra cost.

– sales services by telephone code which generally take very high commissions.

This rating might help you pick the finest platform. Whatever exchange you use, keep in mind that bitcoin is a highly volatile speculative investment, and you should only invest what you can afford to lose.

Warning: There are many bitcoin-related scams and fake sales sites. 

Sites allow obtaining free fractions of bitcoin.

These services, which are free but highly unprofitable, guarantee you a few tiny fractions of bitcoin in exchange for “human brain time” accessible for advertising or attracting users to their gaming platform. These services are, at best, a way for Bitcoin enthusiasts to experiment without investing any money. However, it will take you a long time to save enough funds to make a withdrawal. However, be cautious: most of these sites do not meet their promises, and some may even conceal spyware or display adverts for Ponzi schemes or other frauds. Only one site is recommended (for its ancient and proven “faucet”): freebitco.in

If your risk appetite is a bit higher, you can also have a look at Satoshilabs. Alternatively:

  • Bitcoinker is one of those websites where you may get a free Bitcoin by completing a captcha on the front page. Every 5 minutes, up to 100,000 Satoshis are generated. They deposit funds immediately into your wallet. Theearner.co.in is another faucet website. MoreMoney.io also provides free sign-up tokens and cryptocurrency.
  • FreeBitcoin is another faucet that has paid out a total of 199 BTC since its beginning in 2018.

Affiliate programs

Solution reserved for website publishers remunerated by advertising. 

Bitcoinker to earn free Bitcoins every 5 minutes. Source: Bitcoinker

Bitcoin mining

Mining is the process of recording transactions in the blocks of the Bitcoin Timechain. Minors use computer technology to do mathematical computations. As payment for their services, they get newly created bitcoins as well as transaction fees from the transactions they validate. Miners (or miners’ cooperatives) compete for money, which is proportionate to the computer power deployed. Bitcoin mining is a complex and expensive industrial operation. Except under exceptional (limited-time) situations, such as a fast surge in the price of bitcoin paired with a sharp decline in hash rate, is rarely a profitable business for an individual. 

In general, cryptocurrency mining is only suggested in Europe for individuals who have their own green power generator (solar, wind, geothermal, hydraulic) and the ability to market surplus production on the network. audience. Let us add that a lot of organizations provide mining equipment rental “on the cloud.” The profitability of this form of contract is quite unclear, and there are several frauds. Other firms offer to host your equipment in facilities in foreign countries where power is produced at a reduced cost.

The sale of goods through classified ads.

It is difficult to sell items for bitcoins since few purchasers hold bitcoins and are prepared to spend them. Sites that specialize in this sort of transaction are thus uncommon. Let us cite the bitcointalk forum’s dedicated page.

The sale of goods or services.

It will not cost you anything to accept Bitcoin as a payment mechanism in your business. We recommend that you register on coinmap.org for this option. It is encouraged to use the Lightning Network for modest sums, ideally by establishing its own Lightning node. A payment processor can assist the inexperienced.

Testing Apps And Services

Storm Play, which pays users for trying out new games, products, and services, is one example of an app where users may win free Bitcoins. You may also earn BTC, Ethereum, or Storm cryptocurrencies on the site by purchasing and doing microtasks like as machine learning, QA testing, and P2P freelancing. Example: StormX

Earn interest on your bitcoins.

Some platforms offer to pay interest on deposited bitcoins. freebitco.in for example offers 4.08% per annum, or more on you buying a certain number of “fun” tokens. Other platforms like nexo.io  or, coinhouse.com  also offer yield on cryptocurrencies. Be careful though, even if the formula works, it is never without risk, whatever the platform. Remember the adage: “Not Your Keys, Not Your Crypto”. You can also earn interest on your Bitcoins using decentralized finance (DeFi). Crypto is a good place to start from my Point of view if you want to build passive income.

Take part in Hardforks

Crypto forks occur often on cryptocurrency projects. You may use Forkdrop and FindMyCoins to keep track of the recent and forthcoming crypto hard forks where you can win fresh coins.

All you have to do is buy as many coins as possible before a hard fork, and then when it happens, you get a substantial proportion of free coins or tokens for the new chain.

Source: Forkdrop.io – Participate in Hardforks to earn some crypto.

Tipping Bots and Platforms

SpicesBot is one of the most effective tipping bots I’m aware of that operates on Telegram, but you earn tips in SPICES tokens that you can convert to BTC. Join Telegram and look for the bot there. Tippr bot, a Bitcoin Cash tipping bot for Reddit and Twitter, and TipJar Bot for Ethereum on Reddit are additional options.

SoDogeTip is useful for Dogecoin users, particularly those on Reddit. Others include NanoTipBot, Stellar Tip Bot, and Reddcoin TipBot, which operates not only on Reddit but also on Twitter and Twitch.tv. Reddit, Twitter, and Telegram all utilize Cointippy.

Tipping platforms that are now adopting Bitcoin and cryptocurrency tipping include Twitter’s freshly introduced tipping tool. Anyone can be tipped or tipped for their social media material and behavior. Reddit is a well-known platform for tipping using cryptocurrency, albeit you’d have to convert it to Bitcoin first.

Please be very careful with tipping bots. There are a lot of scams around here. Never give anyone your private key or your seed phrase.

Microtasking

These microtasks comprise surveys and tasks, and completing them earns a very little amount of Bitcoin. Cointiply, for example, has paid out over $3 million in bitcoin since its inception. You also earn a 1% bonus every day. Earn.com is a website that allows users to earn Bitcoin and other cryptocurrencies by performing micro-tasks such as surveys. It is currently a subsidiary of Coinbase.

  • You may also earn cryptocurrency while learning about it with the Coinbase Earn program. You may make money by viewing videos regarding certain cryptocurrency initiatives.
  • Shopping online, installing free applications, taking surveys, and viewing videos are all ways to earn Bitcoin using the FeaturePoints iOS and Android apps. Storm Play also offers surveys where you may earn free Bitcoins.
Earn some crypto on the side with Microtasking on Cointiply

Earn free Bitcoins using free cloud mining sites

Because cloud mining is so popular, there are websites where you may earn free BTC as a bonus or as free prizes with no money required. Bitland, which gives a 2000 Gh/s incentive ($1) on registration, 0.5 percent each day, and a bonus every one hour on the free account, is one of many that allow earning free BTC without investment.

Bimine.io, which gives 500 Gh/s signup bonus, Olion.cash 100 GH/S, Clowerty.c 100 Gh/s, and Bluemagic 100 GH/s signup bonus are also available at Cryptoplace.cloud. Cloud Bitcoin Miner, an Android and iOS app, is another.

I did not yet have the time to test all those services to free cloud mining. But please be very careful. There is a lot of scamming in crypto and even more in cloud mining.

Blockmate proposes a Beta for cloud mining. Beware of scamers, I have not tested the service yet. Source: Blockmate

How To Get Some Bitcoins? Summary

  • Many trading platforms allow you to convert your dollars into bitcoins.
  • See also our guide on purchasing bitcoins without getting scammed.
  • These services, which are free but highly unprofitable, guarantee you a few tiny fractions of bitcoin in exchange for “Human brain time” accessible for advertising or attracting users to their gaming platform.
  • As payment for their services, they get newly created bitcoins as well as transaction fees from the transactions they validate.
  • It is difficult to sell items for bitcoins since few purchasers hold bitcoins and are prepared to spend them.
  • Some platforms offer to pay interest on deposited bitcoins.
  • You can also earn interest on your Bitcoins using decentralized finance.
  • Open an account on Binance today >> Click here
  • Open an account on BlockFi today >> Click here

We wish you all the best in your life as a cryptocurrency, stocks, or ETF investor. We also hope that you enjoy our Lifestyle section. Please keep in mind that I am no financial advisor and none of the above is guaranteed to be correct. I create the content above for education purposes only. Cryptocurrency investments are subject to high market risk. Surfer Investor is not responsible for your trading losses. The opinions and statements made above should not be construed as financial advice. All the best – Surferinvestor.com

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