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10 Legit Ways to Earn Free Bitcoin in 2024 (Updated)!

10 Legit Ways to Earn Free Bitcoin (#3 is My Favorite) thinkmaverick

People laughed at me when I said I have been earning and saving money in bitcoin over the last few years. – Today, Bitcoin’s market cap is worth more than Tesla’s.

 

Nobody’s laughing now!

 

For example, I charged a business US$150 for a service I provided last year. I asked him to pay me in BTC.

 

He sent me 0.0133 BTC in August of last year.

 

Try Googling how much its worth today… Yeah, that’s right. It’s now worth US$500. I almost quadrupled my purchasing power.

 

See, it pays off to earn and hodl BTC.

 

With the increasing adoption of bitcoin as well as being a legal tender in El Salvador, more and more people are looking to switch their monetary unit of account to BTC or Sats. You should too!

 

And that’s not all.

 

I started diversifying my bitcoin earning strategies across various domains. From learning to mining, swapping to hodling, referring to surveying and trading to shopping. As a consequence, my income has multiplied 3X on average over the past 12 months.

 

Here are some examples that can help you start, navigate or enhance your BTC earning potential today:

 

WaysPlatformRequires Bitcoin?Requires Significant Time?Limited Earning Potential?
Faucet WebsitesFreeCashx
Doing MicrotasksTimebucksxx
P2P MarketplaceNoonesxx
Swap Crypto InstantlyChangeNowxx
Free Daily Roulette SpinFoldAppxxx
Affiliate ProgramSimpleSwapx
Learn to EarnRemitanoxx
Shop to EarnLollixx
P2P TradingLocalCoinSwapxx
Read & EarnEarn Carrotxx

 

1. Doing Microtasks for Bitcoin

One of the easiest ways to earn quick bitcoin is by doing micro tasks.

 

Most of the tasks are pretty simple and suitable for beginners such as fill out survey forms, watch videos and download apps.

 

But don’t expect to earn a full-time living from doing small jobs.

 

Anyway, it’s still a great way to earn tiny fractions of bitcoins during your spare time. Plus it pays more than most faucet websites.

 

TimeBucks

If you’re open to answering questions, I recommend you start earning Bitcoin on Timebucks.

It’s completely free for everyone to join.

 

Simply log in with your Facebook account, no approval needed and you can start earning bitcoins by taking as many surveys as you like.

 

You can select which survey you’d like to complete, and what your reward will be.

Furthermore, Timebucks also offers many other ways of earning bitcoins such as:

 

Once you hit the minimum payout of $10, you can withdraw bitcoins to your own wallet.

 

So how much can you earn with TimeBucks?

For your first day, you can earn up to a maximum of $50 worth of Bitcoin. After that, you can expect to earn between $10-20 worth of Bitcoin daily depends on the task and time spent on the platform.

 

And the best part is- you can get free $1 when you sign up here.

To earn more bitcoin passively, you can invite your friends and get a percentage of their earning automatically.

But first, you’ll need create a free account and don’t forget to redeem your $1 here.

 

Also, read my full review on Timebucks to discover more ways to earn free bitcoins.

 

(C) Other websites

If you’re looking for more quick jobs, check out websites as below.

(I’ve not tried them yet but they’re totally legitimate microtasks websites.)

 

Looking for ever more ways to earn free Bitcoin in your spare time?

One of the easiest ways is to Share your opinions for Bitcoin. Check out this guide.

 

2. Earn through Bitcoin Faucets

Here’s a proof of completed withdrawal from FreeCash. I just earned 638,208 points = $638 worth.

 

 

A Bitcoin faucet like FreeCash is a reward website or app that pays visitors in the form of a Satoshi, which is a hundredth of a million BTC (1 satoshi = 0.00000001 bitcoin). In exchange for bitcoin, users have to perform numerous easy tasks including completing a captcha or playing online games.

 

There’re other faucets that give away small amounts of crypto such as Dogecoin and Litecoin. You can exchange these altcoins for bitcoin using reliable crypto swap sites like ChangeNOW or trade via Binance.

 

Usually, there will be a limit on how often you can claim from each website, some faucets give away coins every 5 minutes. Some pay users on a regular basis, it can be hourly, daily, or even weekly. Otherwise, it’s pretty easy to earn some coins by providing your wallet address.

 

However, the average payout is extremely low. To reduce the transaction fees, you’ll have to save those satoshis in the faucet site before sending the payout to your bitcoin’s address.

 

With this in mind, faucet sites might not be a great way to earn the infinitesimally small fractions of a full bitcoin. But you can use those few coins to make a test transaction or two before forking out your own money to buy any coins.

 

If you’re interested in earning sats through faucets, I would recommend FreeCash as it offers one of the highest paying averages in the market.

 

You can choose to get paid in Bitcoin, Dogecoin, Ethereum, Litecoin  (Although I would recommend withdrawing to your hardware wallet once it reaches something substantial.)

 

Other free Bitcoin faucet websites you can join:

Check out this Top Bitcoin faucets list later.

 

3. Earn Cashback in Bitcoin When You Shop Online

How about getting rewards in Bitcoin while shopping online?

(A) Lolli

Lolli is a Chrome extension that helps you do just that, allowing you to earn up to 30% for over 1000+ top brands all across the web, with virtually no effort!

 

 

To earn Free Bitcoin with Lolli, you just need to follow some simple steps:

  1. Install Lolli extension on your chrome browser.
  2. Shop the web, Lolli will pop up to notify you on the percentage of Bitcoin you can earn-back.
  3. Buy whatever you’re planning to buy as normal.
  4. Earn free Bitcoin when you checkout using Lolli.

 

 

What’s great, everyday, FOR FREE, you can click on a treasure chest and win free sats!

 

 

For more information on how to earning free bitcoins when you shop, visit this article with all my tips.

 

(B) The Bitcoin Company

The Bitcoin Company is a simple app that gives you bitcoin back for all your shopping.

 

With The Bitcoin Company app, you can earn sats back just for buying gift cards. You can also start referring friends and get 1,000 sats per referral!

 

Download The Bitcoin Company App, use referral code DYYPXU and get 1,000 sats just for signing up!

 

(C) Fold – Bitcoin Rewards App 

The Fold App is the brainchild of Jack Mallers, a 27-year-old Bitcoin App developer who also spearheads Zap Inc. 

 

Mallers burst onto the mainstream in June 2021 when El Salvador’s President Nayib Bukele embraced Bitcoin.

 

He revealed on stage at a Miami conference that his company had been working behind the scenes with the government for months to make BTC a legal tender in the country.

 

This app is by far the best way to earn bitcoin without putting in much effort.

 

If you’re a U.S. citizen, you can take one step further by applying for the Fold card to receive sats-back when you use it for shopping.

 

The Fold app is equipped with a Daily Spin reward system which resets every 24-hours. Login daily to earn Sats and special prizes.  Who knows, you might even hit the jackpot and bag yourself 1M Sats.

 

Get 5,000 sats when you sign up for a free Fold account today!

 

4. Lending Bitcoin

Another legitimate way of accumulating bitcoin is simply by lending it out. This is one option that will save you from any taxable events. Rather than selling Bitcoin (BTC) and having to deal with troublesome accounting headaches, you can always lend your BTC in return for (tax-free!) earning more bitcoin.

 

Crypto exchanges like Whitebit offers traders a legit way of earning crypto while using the platform.

 

 

Whitebit’s lending program is a simple way to earn passive income on your bitcoin. You can earn crypto on Whitebit simply by lending your crypto for a period of (10/20/30/90/180/360 days) to other users who are looking to borrow funds. In return, you will earn interest on your loan, which can be as high as 25% APR.

 

There are over 40 digital assets available in their Crypto Lending platform. To earn passive income with Crypto Lending, deposit the amount you want to earn for the entirety of the selected period. After the plan is closed, you will receive your funds back with interest on top. The longer the plan, the higher the interest.

 

 

How to close a Crypto Lending?

Would it be possible to close the plan before the closing date? Of course! You can close the plan at any time. In this case, the entire investment amount will be returned to your Main balance without interest.

 

Crypto Lending on Whitebit is designed to be intuitive for you in order to help maximize your profits passively. Don’t forget, you’re always in control because you get to set the level and pull out your funds at any time!

 

If you are looking for a safe and profitable way to earn passive income on your crypto, then Whitebit’s lending program is a great option for you. Sign up today and start earning interest on your crypto!

 

5. Earn Bitcoin by Reading Articles

Love to earn rewards in bitcoin as you learn more about Bitcoin?

 

Bitcoin Magazine allows you to do just that. Read articles from Bitcoin Magazine to earn bitcoin rewards every day. 

 

You get 5 sats for each article you read.

 

You can withdraw your earnings to your Bitcoin wallet via the Lightning Network.

 

More importantly, you can earn additional ⚡️2,100 sats for completing the 21-day email course.

 

I highly recommend giving 21 Days of Bitcoin a read. It’s an awesome daily email that will give you FREE bitcoin just for learning about bitcoin. Best of all, it’s free, and only takes 3-5 minutes to read.

There’s a quiz at the end of the email course. If you answer at least 17 of 21 questions correctly on the quiz, you earn ⚡️2,100 sats and stand a chance to win ⚡️1,000,000 sats!

 

6. Peer to Peer Bitcoin Trading

If you already own BTC, you can make a living by buying and selling on Peer-to-peer crypto platforms like LocalCoinSwap or Noones where you can trade BTC freely.

 

There are traders on these platforms making 4 to 5 figures a year just by playing the bitcoin arbitrage (a.k.a. buying low and selling high)

 

 

Noones is a peer to peer bitcoin marketplace that’s easy to use, secured by escrow, and accessible across the globe.

 

It’s so easy to sell Bitcoin as a Noones vendor. You have the freedom to set your own rates, and also the luxury of multiple payment options to get paid for the Bitcoin you sell.

 

As Noones is a peer-to-peer marketplace, you can sell your Bitcoin directly to many users worldwide. The platform makes it extremely easy for beginners and veterans alike to make passive income trading bitcoin.

 

That’s the beauty of decentralization.

 

Just follow these 5 easy steps to start selling bitcoin on peer to peer marketplaces.

 

»By signing up for a free Noones account here, you’ll receive 100 Sats in your Noones bitcoin wallet with no strings attached. When you make your first trade, you’ll get another 1000 Sats.

 

7. Earn Bitcoin through Affiliate Programs

You can easily earn passive bitcoin income every month through affiliate programs. It’s incredibly simple and you will love it!

 

Start by promoting a service or crypto platform that you love. When people sign up or make a trade using your link, you will receive a share of the profit.

 

For example, I like using the crypto swap exchange SimpleSwap, so I share them on my social media channel and have articles & guides written about SimpleSwap.

 

At the end of the month, I can simply withdraw my BTC profit out into my bitcoin wallet.

 

 

If you already run a blog or website, or have a huge following on social media, promoting bitcoin affiliate programs is a great way to make some good passive income!

 

Here’s how it works:

  1. You sign up for a bitcoin affiliate program that you’ve personally used or trust and believe in.
  2. Fill up your profile and provide your Bitcoin address (this is where they’ll send your earnings)
  3. You will be given a special referral link that will bring visitors directly to their website.
  4. Share the link with the world! You can add the link on your blog post, website, invite your email contacts, share it on forums, pin it, tweet it. Get creative.
  5. When someone clicks your link and make a purchase, you’ll earn a commission in bitcoin.

 

To help you get started, here’s some of the popular lists that offer reliable affiliate programs:

 

Want to know more about how to refer people and earn Bitcoin? Check out my step-by-step Bitcoin affiliate marketing guide.

 

8. Getting Paid in Bitcoin

As we continue to see more and more businesses accept Bitcoin as payment for their goods and services, why not consider doing the same?

 

It’s simple. Get a Ledger Nano S, setup the software to receive bitcoin. Copy and paste the QR code on your blog or simply send it to your customers for payment.

 

This will widen your global reach, make payments secure, and speed up the entire payment process. No more giving up your private details (KYC) to PayPal. The privacy of your customers are also assured.

 

The best part is that it’s incredibly easy once you get the hang of it. If you’re running a physical establishment, it’s a matter of putting up a small QR code at your storefront and beside your cash register.

 

At those points, customers can just send funds directly to your Ledger.

 

Once you start raking in the sats, you can then accumulate over time and HODL —and in a year or two, it may just grow in purchasing power.

 

This is probably the best and fastest way to earn a decent amount of bitcoin – offering services in exchange for payments in BTC.

 

Whether you’re a writer, translator, Youtuber, copywriter, designer, marketer, developer or an engineer, you can always offer a discount to your clients if they pay bitcoin. 

 

Personally, I’ve used AngelList to hire writers and pay them in bitcoin. If you’re looking to work for a crypto startup or maybe secure long-term employment, you can always request to be paid in BTC.

 

Here are some other websites that pay in bitcoin: Jobs4Bitcoin

 

9. Cloud Mining

 

Cloud mining allows you to mine Bitcoin without having to own any hardware. Crypto platforms like StormGain do offer free Bitcoin cloud mining as a feature to their loyal traders.

 

This mining tool is free to use. It helps you to mine free bitcoin every day, without the need of mining equipment. Plus, it won’t drain your CPU or phone battery. It’s a fast, easy, risk-free way to mine bitcoin.

 

You will automatically get free Bitcoin every 4 hours, with a maximum limit of 0.0318 bitcoin a day.

 

The amount of Bitcoin and mining speeds depend on your trading volume.

 

It works more like a loyalty program. The more you trade, the more Bitcoin you can mine.

 

Once you’ve mined at least 10 USDT worth of Bitcoin, you can withdraw your Bitcoin and they’ll credit the profit as a trading bonus to your account in 72 hours.

 

10. Earn Crypto While Learning About Cryptocurrency

What better way to earn free crypto while learning?

 

 

Coinbase Earn offers a fun, zero-risk and easy way to learn about cryptocurrency and earn crypto assets as a reward.

 

To get started, you’ll need to create a free Coinbase account. Once your account is approved, you can browse through the list of educational videos you want to take. 

 

Select any crypto projects that you want to learn more about, watch a short video (1-2 minutes only) and complete a quiz to test your knowledge.

 

That’s it. You can easily earn up to $40 worth of crypto by learning about top and emerging crypto.

What cryptocurrencies can I earn?

To earn those free sats on Coinbase, use the instant convert tool under Trade to swap different types of altcoins to BTC:

 

Learn and Earn Crypto with Remitano

 

If you’re looking to expand your knowledge and earn crypto rewards, Remitano is the platform for you.

 

With their Learn & Earn Crypto program, you can enroll in courses that not only enhance your understanding of various subjects but also offer opportunities to receive crypto upon completion.

 

One such course is “Understanding Health – Creating Inner Peace,” where you’ll uncover the secrets to mastering your mindset and cultivating lasting well-being.

 

By learning to control your emotions and prioritize your health, you’ll be on your way to a more fulfilling life.

 

As Tony Robbins wisely said, “A healthy person has a thousand wishes, a sick person just one.”

 

Join this course on Remitano to explore the essential resources, standard reference system for health, and invaluable tips for achieving and maintaining optimal well-being.

 

Start learning and earning crypto with Remitano today!

 

Earn Bitcoin and Hodl Strategy

Win the long term game of fiat monopoly by Dollar-cost averaging (DCA) into bitcoin. This on top of what you earn while stacking Sats is an asymmetric bet that can help win the game of life without losing sleep.

 

HODLing, the other term for holding on for dear life, is one of the most straightforward and world’s worst kept investing secrets out there. First, get a Bitcoin wallet, accumulate BTC, and then HODL — no matter how long that may take.

 

Why? Because historically speaking, nobody has ever had their investment turn red employing this strategy over a period of at least 4 years before deciding to sell. In fact, you’d be up ~3X – 5X by now.

 

The term HODL was coined because of this. It started as a typo on a forum, then it became a trendy Bitcoin meme. 

 

Difficulty: Really Easy

Speed: Slow & Steady Wins the Race

 

*Don’t leave substantial funds on any crypto exchange or platform any longer than you need to.

 

Earning Bitcoin Conclusion

There you go! I hope this list of best 10 easy ways of earning bitcoin will help you make your first bitcoin in no time!

 

What’s your favorite way of earning bitcoin online?

 

Do you have any experience or effective ways to earn bitcoin that I didn’t mention in this post? Do share with us in the comment below.

 

I am constantly updating this list with new ways to earn Free Bitcoin (that why the number doesn’t match the graphics). Bookmark this page for more awesome tips!

 

Here’s some helpful articles that you can read next:

 

If you’re interested in starting your own self-hosted blog, take a look at my step-by-step guide. I’ll show you everything you need to do to start a successful money-making blog.

 

Here’s a list of best resources and tools for your blog! I use them to manage, optimize and grow my blog. I’m sure they’ll help you as much as they’ve helped me

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