Five Ways to Get Free Bitcoin and Cryptocurrency

June 25, 2020, by Maayan
Buying Bitcoin is the fastest way to get cryptocurrency, but if that’s not an option, there are other ways to fill your wallet.

Bitcoin is in high demand, which means that free cryptocurrency is hard to come by. However, there are still a few ways to earn free “pocket money.”

1. Mining.

Bitcoin mining is not very profitable unless you have expensive hardware. However, some coins, such as Monero, can be mined on computers without any additional equipment—just a basic CPU.

2. Staking.

If you already own crypto, you can stake it to earn interest. Tezos currently offers very simple staking. Ethereum and Cardano will also offer staking soon. You cannot stake Bitcoin.

3. Faucets.

Faucets like Moon Bitcoin allow you to view ads and earn cryptocurrency as a reward. These pay very little, but they are easy to use.

4. Tipping.

If you are a writer or content creator, you can earn crypto “tips” by posting content on sites like Publish0x, Coil, and Read.cash.

5. Airdrops.

If you follow up-and-coming crypto projects and help promote them, you may receive free coins as a reward. You can also receive airdrops just by holding a cryptocurrency, though this is relatively rare.

These options require more effort than simply buying Bitcoin, but they provide a way to obtain crypto when buying it is not an option.

Be sure to avoid giveaway scams.Beware of fake social media accounts, fake websites, and fake emails. Do not send money to anyone offering free crypto, and never reveal your private key.

Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.

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