While there is no shortage of scams promising free Bitcoin, there are in fact legitimate ways to earn free Bitcoin as well. Some of the most popular ways include micro tasks, Bitcoin faucets, and cash back apps. There are other methods as well.
If you want some creative ways to get free Bitcoin in your portfolio, this post will show you all the different options. Whether you can invest time or capital, here are the 5 best methods we found to get free Satoshis. You might also want to see our how to earn free crypto post.
1. Bitcoin Reward Cards
Earnings: 1%-3% cash back
One of the best and easiest ways to earn free Bitcoin every day is to get cash back on your fiat purchases. There is a growing number of Bitcoin reward cards that pay 1%-3% cash back on every purchase you make. It only takes 10-20 minutes to get your card and then you can passively stack sats every time you spend.
Most of the cards available right now are all Prepaid Visas, which are more like debit reward cards than credit cards. There are no credit checks and no impact on your credit score, so anyone over 18 can get one.
47% of Americans have used credit cards to earn rewards. But most people don't realize that earning Bitcoin cash back is an option. So if you want to ditch loyalty points or fiat cash back, here are the top Bitcoin cash back cards to check out:
- Fold Debit Card (USA)
- Coinbase Card (USA, EU, UK)
- Gemini Card (USA)
- Robinhood Cash Card (USA)
- Shakepay Card (Canada)
- NEXO Card (EEA)
- Bitcoin Card Comparison Tool (Canada)
2. Cash Back Apps
Earnings: 1%-30% cash back
Similar to Bitcoin rewards cards, you can get free Bitcoin cash back at thousands of online stores with cash back apps like StormX, Lolli and more. These apps are the Bitcoin version of Honey or Rakuten which are very popular fiat cash back sites.
Whenever you shop online, open the app or install the browser extension, then make your purchase. You will earn 1%-30% cash back paid in Bitcoin from 1,000+ stores like Nike, eBay, AliExpress, Expedia, Best Buy, Wish, and many more. Best part is, you can make your payments with a Bitcoin rewards card to double up your cash back.
- StormX: Free browser extension, debit card and mobile app that supports 1,000+ stores
- Lolli: Earn Bitcoin in-store or online at 25,000+ stores
- Coinmiles: Free mobile app for Canadians partnered with 1,000+ online stores
3. Bitcoin Faucets
Earnings: 5 to 50+ Satoshi's per task
A Bitcoin faucet is a website or app that allows users to earn free bitcoin by completing specific tasks. The tasks are usually simple but each site has different rules and requirements. You can do things like watch videos, complete surveys, solve CAPTCHAs, read articles, click ads, play games, and more.
Bitcoinker is one of the oldest Bitcoin faucets. I collected 4 Satoshis for solving a CAPTCHA and over 50 Satoshis while editing this post:
On this site, you can solve a CAPCTHA every 5 minutes and you don't have to create an account. All that's required is a Bitcoin wallet address. Bitcoinker is one of many many legitimate Bitcoin faucets but the problem is it's hard to make significant Bitcoin. Some of them also have high withdrawal limits. But it is 100% free if you're willing to invest your time. Here are some popular Bitcoin faucets:
4. Sign Up Bonuses
Earnings: $5-$100 per app
An easy way to collect free money which you can convert to Bitcoin, is to collect free sign up bonuses. There are hundreds of crypto exchanges, and most offer incentives to sign up, ranging from $5 to $100.
It usually takes 5-15 minutes to open an account and to get the reward you need to make a fiat deposit or trade most of the time. Within an hour, you can sign up to a bunch of platforms and make $100-$200. Find the best local exchange promotions here:
Earnings: $5-$100 per person
Similar to sign up bonuses, most companies will pay you a commission when you refer friends and new users. If you have a favorite crypto platform, there is a good chance that it offers a referral program.
To find crypto affiliate programs, log in to your account and look for a shareable link in your profile. You can also go to the website and look for a button that says "referrals", "affiliates" or "partners" in the footer.
The bonuses usually range from $5-$50 but I've seen as high as $100. There is a good chance that it will be paid in fiat, but then you can easily trade it for Bitcoin or cash out. And most of the time, both you and your friend will get rewarded when they join.
Depending on your risk tolerance and what you like, there's a variety of ways to earn free Bitcoin. While these might not generate life-changing income, you can still earn hundreds every month worth of Bitcoin if you stack a few of these offers. Always do your research so you can take advantage of these offers as safely as possible.