10 best ways to earn Bitcoin for free in 2020 [video/text]
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#1: Bitcoin Mining
This is the first way to earn free Bitcoin in 2020. Just like printing paper money, you can use specialized hardware and software to solve complex mathematical problems to receive Bitcoin as a reward.
Mining Bitcoin requires hardware known as ASIC. Each ASIC miner is constructed to mine a specific digital currency. So, a Bitcoin ASIC miner can mine only Bitcoin.
You can mine altcoin using GPU power, in this case to have Bitcoin you will need to exchange it.
There are also cloud mining services like genesis-mining.com, which will help you to mine Bitcoin without buying expensive gear.
#2: Using Bitcoin Faucets
If you don’t want to spend your money on buying any mining gear, you can also earn Bitcoin freely through Bitcoin faucets.
All you need do is visit Bitcoin faucet websites or install Bitcoin faucet apps on your mobile device to start earning. Different faucets come with different tasks. You may be required to play games, answer captchas, spin a board, or answer short questions or surveys.
Take in mind that the reward you get is very small.
#3: Referral Program
Some Bitcoin related websites like Finance offer free Bitcoin through their Referral Program. All you have to do is register on the website to get your referral link, which you would send to friends. You and your friend get commission kickback when they trade Bitcoin or another cryptocurrency.
In similar way Coinbase give you and your friend $10 bonus when your friend invests first $100.
#4: Running a Signature Campaign in BitcoinTalk Forum
If you have been an avid user of Bitcointalk forum, which was made by Satoshi Nakamoto. And you have achieved some authority from consistent posting, your subsequent posts on the Bitcointalk forum would have a sponsored signature and you’ll get paid by sponsors for every post you place on the forum.
#5: Airdrops – Free Coins for Increasing Visibility
Some crypto projects distribute free coins to their holders in order to increase the coin’s visibility and help with marketing. This is called Airdropping. There are 2 types of airdrops, one is where you simply receive coins for holding. The second type of is when you complete small tasks, usually related to social media. So, in return for you boosting the project’s visibility, you get rewarded by receiving free coins, essentially creating a win-win situation. Airdrops may seem small at the beginning, but can increase in value. If the airdrop is from a company you believe in, it may be worth getting involved. You can see all the latest airdrops available in AirDrops.io, some will require you to hold a specific coin or to join a certain website.
#6: Earn bitcoin with Steemit
Steemit is a social media site, which has been built on top of the Steem blockchain. You can earn rewards by blogging and curating. It is a platform where writers and bloggers share their creative content and get a bonus in return with Steem coin. Steem processes more transactions than Bitcoin and Ethereum. The price of Steem is around 17 cents now, imagine if it will return to all-time highs when the price was around $8.
#7: Writing Blogs and News about Bitcoin
If you have great and decent writing skill, this is an opportunity for you to earn free Bitcoin from the comfort of your own home. All you need to do is apply to some cryptocurrency news sites like CCN, Blockchain Aliens, etc. and write for them.
Request your payment in Bitcoin and in no time, you would have some amounts of Bitcoin lying in your crypto wallet.
#8: Requesting for Donations
Did you know that you can earn Bitcoin instantly through a donation? You can request for donation by placing your wallet address and QR code on social media platforms.
#9: Convert Your Gift Cards into Bitcoin
Are you a great online shopper and have earned some gift cards? Here is an opportunity for you to earn free Bitcoin with your gift cards. There are several websites like CoinCola that enables you to trade your gift cards for Bitcoin.
#10: Requesting for Bitcoin as Payment Means
Finally, you can get paid with Bitcoin. If you work for a company that can pay you with Bitcoin, you can request your salary or wages to be paid with Bitcoin.
If you want to earn a substantial amount of Bitcoin, you’ve got to be consistent and work smart.
For instance, consider how much times you’ve got to spend on faucets websites, which pays about 25 satoshis per action, to earn a good amount of Bitcoin.
Now that you can start earning free Bitcoin through the 10 listed ways, it is important to know the 3 top certified and secure cryptocurrency exchanges where you can trade your Bitcoin when you have earned enough. All links are in the description section.
Coinbase
Coinbase, available to users in over 55 countries. It is the world's largest, the most secure and trusted platform for crypto exchange like Bitcoin, Ethereum, Litecoin etc. With the approximate revenue of over 1 billion dollars, Coinbase has been providing relentless service of crypto exchange to its’ clients ever since it was founded in 2012. Sign up to Coinbase using the link in the description section to get a $10 bonus when you invest your first 100 bucks.
CEX.IO
CEX.io born in London in 2013 as a Bitcoin exchange and cloud mining provider. At some point its mining pool held 42% of the total network mining power. On January 2015 the cloud mining operations were shut down and today CEX.io operates solely as a cryptocurrency exchange. CEX.IO supports all countries with some restrictions and is one of the most popular crypto exchanges by now.
Binance
One of the world’s largest cryptocurrency exchange offers a responsive interface that is suitable for beginners. Binance founded in the mania of 2017 and has since become one of the largest cryptocurrency exchanges in the industry. Operates with more than $2 billion worth of trading activity each and every day. Binance offers both basic and advanced trading and presents users with lots of exciting features, which include Exchange coin (BNB), Margin trading, etc. Sigh up
with the link in the description section to receive 10% commission kickback. Now, if you want to change your life investing in cryptocurrency, grab the amazing “Blockchain Secrets” eBook completely free. It’s a crazy deal! Find the link in the description section and learn why it’s important to join the Bitcoin revolution now, as well as the best and surefire
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