How to earn Bitcoins – 10 ways to earn free Bitcoins online 2018
There are several ways to earn bitcoins or more appropriately the best ways to earn free bitcoins but unfortunately, people end up investing their bitcoins in scams.
The article not only answers how to earn Bitcoins? but also suggest the 10 legit ways to earn free Bitcoins in simple language. The current price of Bitcoin is $7328 (source – bitcoinexchangestore) which is a hell lot of money to earn a part-time income or full-time in a month or two depends on the amount of time or money you are ready to invest.
Let me make one thing clear there is no such thing “free bitcoins.” It will always cost you something to earn Bitcoins. It may not always be money, but you have to spend something. Whether it is time or something else.
There is no way to get wealthy without working or investing in a proper strategy. You can’t become a Bitcoin millionaire with the ways to earn Bitcoins I listed below. But you can earn a substantial amount of Bitcoin if you are ready to put some effort with dedication. There are 10 popular and legit ways I have elaborated in this article from Bitcoin faucets to Bitcoin trading to earn free Bitcoins.
The price of Bitcoin is skyrocketing and according to experts, the price of bitcoin will hit 50000$ mark till 2030. So even a piece of Bitcoin looks more and more intuitive.
By below-listed methods, I have earned more than 1 Bitcoin in last six months which seems decent amount, given that I have only given 1 to 2 hour daily and only invested about 100$ to earn Bitcoins. You can also earn Bitcoins way higher than me if you are ready to spend, whether it is time or money with utmost dedication.
1. Micro earning–
It is probably the easiest ways to earn free Bitcoins. You don’t need to invest a single penny, but as I written above, you have to invest something, so here it is time and consistency.
Bitcoin faucet is the easiest method to earn bitcoin or to make money with Bitcoin without spending a penny. A Bitcoin faucet is a website which rewards a few bitcoins in terms of ‘Satoshi’ (smallest unit of Bitcoin 1 Bitcoin = 10000000 Satoshi) for visiting their web page. Bitcoin faucet make money by publishing the ads on its website or by mining Bitcoin
There are different time limits for different Bitcoin faucet to claim Bitcoins. Each faucet allows a user to claim again after the completion of that time limit Accordingly, there are 5 minutes, 10 minutes, 15 minutes, 30 minutes, 60 minutes Bitcoin faucets. To obtain a considerable amount of Bitcoin from Bitcoin faucet, you have to claim from at least 5 to 10 faucets daily.
If you have a busy schedule then find at least one hour to claim daily. Consistency is the only way to earn with faucets. At starting, earning will look small, but by passing time, it will become sizable. Remember, you have not invested a penny.
Frankly, I am not a big fan of Bitcoin faucets. But still, there are some legit Bitcoin faucets which are consistently paying their members since their launch. They are easy to operate with a user-friendly interface. There are no irritating pop-up ads in the list of Best Bitcoin faucets. I will list only the name of Bitcoin faucets here. You can read in details how to earn Bitcoins with Bitcoin faucets in the following article.
1. Free Bitcoin – All-time Best
Freebitco.in is all time best Bitcoin faucet where you can claim 300 to 1000000 Satoshi per 60 minutes.
2. Allcoins.tw –
Allcoins.tw is a multi-coin faucet where you can claim more than 35 cryptocurrencies every four minutes including Bitcoin, Ethereum currency, and Litecoin crypto from the same platform. It has an amazing interface with no pop-up ads. There are several other ways to earn Bitcoins free from the faucet.
3. MoonBitcoin – Moonbitcoin is a veteran faucet paying consistently since its launch and without a doubt one of the best ways to earn free Bitcoins. You can claim every 5 minutes from the faucet.
4. Bonus Bitcoin – Bonus Bitcoin is another veteran Best Bitcoin faucet which is paying consistently from 5 years. It allows users to claim every 15 minute
5. Cointiply –
Cointiply is another amazing site to earn Bitcoins free. It is a premium high paying Bitcoin faucet.
It has an amazing interface with no pop-up ads and allows users to claim every 60 minutes. There are tons of ways to earn free Bitcoins from the platform
6. BTCpop.co –
It is a peer to peer altcoin lending platform, altcoin trading platform, altcoin cloud mining provider, a Bitcoin faucet, and offer more than 10 ways to earn Bitcoins free
BTCPop is an altcoin faucet which allows claiming more than 50 cryptocurrencies every 30 minutes. Its interface is amazingly clean and there are no irritating pop-up ads.
7. Multicoin faucet – As the name suggests Multicoinfaucet allows users to claim ethereum and Bitcoin from the same platform every 30 minutes. It pays instantly to faucethub account.
8. SwissAdPays faucet –
SwissadPays is another Bitcoin faucet to earn Bitcoins free. It allows users to claim every 60 minutes. It is paying consistently for 5 years. The interface is super clean without pop-up ads.
Bitcoin mining is one of the traditional ways to earn Bitcoins.
Bitcoin mining is a process of solving the mathematical calculations to mine Bitcoin from a block. High configuration computers can perform this mathematical calculation. At first, people used graphics cards to mine bitcoins. Currently, there are devices on the market to mine the bitcoins.
You can buy devices from the Amazon.
How to earn bitcoins by Bitcoin mining. First, you should have a high-end Bitcoin mining device (One like above and there are lot more devices on the Amazon. You can visit via above link and can check them out). Secondly, you have to learn to operate it then you should join a mining pool and download the Bitcoin mining software.
Then completing all necessary initial procedure, just click mine bitcoins and leave your computer to mine bitcoins for you. (Realistically Bitcoin mining is not profitable anymore. Hence it will be pure wastage of money and time)
Your mining device will mine bitcoins day and night for free until it got turned off. But you should have full knowledge about power usage, mining devices, device mining power before you start then only you will get profit through Bitcoin mining. ( Bitcoin mining realistically is not profitable anymore)
1. Genesis cloud mining
Now the question arises how to earn Bitcoins with Bitcoin mining then answer is cloud Bitcoin mining is still very profitable and practically I have earned 50x of my investment till now.
This is where you pay someone else to do it for you and get them to run the mining equipment on your behalf they will mine Bitcoins for you. You just need to buy an available contract and just watch your earnings grow. Most popular and reputed cloud mining company is Genesis mining.
I am having the lifetime contract at Genesis cloud mining which is one of the best cloud mining company around. But unfortunately, contracts are rarely available now. They release new altcoin mining contracts in every two to three months which will be swiped away by customers in a day or two. So you have to wait patiently for your chance to buy one.
USE FOLLOWING CODE TO GET 3% DISCOUNT ON BUYING HASHPOWER — LtM8ye
Miningrigrentals is another legit cloud mining company. There is almost no risk of fraud. I have been their customers for last one year and there never been an issue regarding payment or something else.
They provide low-cost hash power and contracts are usually profitable. On top of this, you won’t need to wait for two to three months to buy a mining contract. The contract is available for almost every popular cryptocurrency.
3. Eobot –
Eobot is another popular cloud mining company. It is online since 2013 and there has been almost no case of fraud till now. Contracts are cheap and profitable. Payments are instant. They provide mining contracts for more than 25 popular cryptocurrencies.
3. How to earn Bitcoins with Bitcoin Gambling, Bitcoin betting, Bitcoin casinos, and Bitcoin Dice
I am not a big fan of Bitcoin gambling, Bitcoin betting, and Bitcoin Dice game (ethical point of view) because more than 60% of people tend to lose more than they earn. But it is also true that some people do make their fortunes with Bitcoin gambling and Bitcoin Betting (rare).
Still, if you are Gambling and Betting freak then there are few legit platforms to earn Bitcoins. Each platform I listed below has good trust ration among Bitcoin Gambling and Bitcoin Betting community. I have personally used these platforms. I will only provide the overview of the platform with the few sentences. (To know in details I am going to write an article on Bitcoin Gambling and Bitcoin Betting sites) coming soon.
*Kindly invest what you can afford to lose otherwise stay away from Betting.
Betchain offers more than 2000 Bitcoin casino games and Bitcoin gambling games. There are a wide variety of games on the platform, which will be harder to find at other Bitcoin casinos such as 3D slots, horse racing, minesweeper, scratchcards, Blackjack, Roulette, more than 600 slots, and more. There is no deposit and withdrawal fee.
Customer support is of top-notch There is first time 100% deposit bonus plus 200 free spins. The Platform is also multilinguistic and supports USD, AUD, Canadian Dollar, Euro, Ruble, Swedish Kronor, Norwegian Krone, Rand in Fiat currency and 5 popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin cash, and Dogecoin. Betchain without a doubt one of the best Bitcoin casino and Bitcoin gambling site to earn Bitcoins.
1Xbit is a sports betting site where you can bet on Football, Hockey, Baseball, Tennis, Table tennis, Rugby, Basketball, e-sports, and more. It offers premium sports betting features. You can bet on almost every major sports tournaments and leagues.
It also features Bitcoin Dice, Bitcoin slots, and Bitcoin casino games at its platform. It is a must join website for sports Betting freaks. There is no deposit and withdrawal fee and withdrawals are instant. Customer support is very responsive. The platform is regulated and Licensed hence don’t worry about the security of the funds.
It allows betting at almost every sport from Football to Cricket with the widest selection of live betting, as well as dozens of additional market specials.
Other than sports Betting It also offers Bitcoin Dice, Poker, Bitcoin slots, Roulette and more than 60 live dealer casino tables.
As I said before, its reputation is indispensable in the Bitcoin Betting industry and the interface is very appealing with tons of features at the disposal.
Customer support is responsive and available with E-mail and Live Chat. The best part is 100% deposit bonus up to 5 BTC. Cloudbet has high Betting odd and high Betting Limits.
The minimum amount to bet is 0.001 BTC which can go as high as 36 BTC. Cloudbet without a doubt is the best Bitcoin betting platform in the Bitcoin betting industry.
4. One hash
It allows betting on major e-sports and professional sports. You can bet on Football, Cricket, American Football (NFL), Tennis, Basketball, Baseball, Rugby, Hockey, Swimming, Combat sports, and Motorsports.
It allows betting on major tournament and leagues. One hash has high Bitcoin Betting odds and high Bitcoin Betting limits.
It also allows betting on movies and other entertainment events. Cryptocurrencies are no exception on the site. You can bet at a certain price after a certain interval of time.
Cryptocurrencies accepted are Bitcoin, Ethereum, Zcash, Dash, Monero, and Litecoin. It is also one of the Best Bitcoin faucets where you can claim Bitcoin every 10 minutes. One hash is also an investment platform where you can invest to receive the share of the profit revenue generated by the platform. One hash has a very intuitive interface with tons of features.
It is without a doubt one of the best Bitcoin betting platforms.
Watch the video to learn more about mutual betting
Nitrogensports without a doubt one of best Bitcoin betting sportsbook in the Bitcoin betting industry. From major sports like Football, Basketball to Minor sports like Snooker. You can bet on every sport imaginable.
Where does Nitrogensports excel that it allows betting on every level of a particular sport like for EPL (English premier league) it allows betting from 1st level league to 4th level league.
The interface is amazingly smooth without any irritating promotional and bonus offers adverts. Nitrogensports offers two main promotions, unlike other betting sites it does not offer first deposit bonus instead it offers promotions during an ongoing bet.
The two promotions are the Parlay Promotion and Go For Gold Challenge. The Parlay Promotion allows players to have an extra chance in an ongoing bet who lost their parlay ( parlay is a bet where you must be correct in all matchups to win the jackpot).
Players who lost their parlay by 1 game will be entered into the monthly Nitrogen Sports jackpot, giving these players a second chance at victory. Promotions are unique, innovative and more attractive than the first deposit bonus offer by the other Bitcoin Betting sites.
Other than sportsbook, Nitogensports provides several other betting games on the platform like poker, Blackjack, Roulette, and casinos
Sign up for Nitrogensports
4. How to earn Bitcoins with Bitcoin trading –
Bitcoin trading is one of the most efficient ways to earn Bitcoins. There are several exchanges which provide a user-friendly and advanced altcoin trading platform.
Bitcoin trading is not a ‘rocket science’ and does not require any technical knowledge or experience. There are thousands of altcoins in the cryptocurrency world. “Altcoins are the cryptocurrencies other than Bitcoin” Let me brief it a little
You can check the cryptocurrency live price with complete market stats at bitcoinexchangestore.com
Generally speaking, trades occur because sellers consider the price high and buyers consider it low. Sustained price moves result from either buyers or sellers being more aggressive in crossing the spread.
In other words, whichever side is collectively more willing to pay the difference between the bid and ask prices to initiate a trade, will move price in their desired direction
There are two ways of Bitcoin trading
- long-term crypto trading which is carried for the longer period of time.
- short-term crypto trading which is completed within minutes, hours, or a day. It is also referred to as day-trading
In short-term crypto trading, a user buys cryptocurrency and sell it when price increases in a matter of few hours or few days. In long-term crypto trading, a user buys cryptocurrency and keep it for months and years then sell it suitably. It is as simple as this
Now, there are many cryptocurrency exchanges which allow buying altcoins instantly with USD and provides a user-friendly trading platform. To learn in details about crypto trading you should read below article which will guide you to earn like a professional Bitcoin trader
5. Lending Bitcoin to small SME and entrepreneurs — One of the effective ways to earn Bitcoins.
If you own some Bitcoins and want to earn Bitcoins via them. Then you can lend them to small SMEs or entrepreneurs using the Bitcoin peer-to-peer lending platform like Bitbond and Xcoins
You can get some good return on your investment. But high reward comes with the high risk, and it may be possible that you lend money to the wrong project. So always choose projects wisely. If you choose the right company or individual than this method can return you high profit. There are few people I know who are earning through lending money to start-ups and SMEs.
Personally, I have not tried BitBond. Till now Bitbond has 100% credibility score, and there is no concern registered about this peer to peer platform and I know people who are using Bitbond service and they have positive reviews about this Bitcoin lending platform
But I have tried Xcoins and can conclude this platform is more than a lending platform. It also allows buying Bitcoin with a credit card and PayPal and the platform is user-friendly and even newbie won’t face any problem with navigation.
6. How to earn Bitcoins with Binary Options
In Bitcoin binary options you have to predict the live price of Bitcoin will rise or fall in a certain amount of expiry time. If your prediction is correct then you win option’s payoff, if your prediction is incorrect, then you lose your investment.
That’s why they are termed as ‘Binary options’ because either you ‘win’ or ‘lose’ there is nothing in between. Binary options is a risky investment but “without risk, there is no reward.”
- Most recommended Binary broker
- Support all promising cryptocurrencies
- Allows to buy altcoins instantly with USD
- Excellent trading platform
- Offer high leverage up to 1:300
- Get 1000$ as a bonus in the demo account to get accustomed to trading.
- 95 % customer satisfaction
- Minimum deposit 10$
- User-friendly trading platform.
- Provide leverage of 1:300
- Start a trade with as low as 1$
- Robust Security
- 100% deposit bonus
- 76% success rate, highest in Binary options trading.
- Regulated and controlled by the government
7.Bitcoin CFD trading (Contract for difference)
Bitcoin CFD trading is similar to day trading, but it is a more secure option to earn Bitcoins. Bitcoin CFD trading allows you to trade in Bitcoins without owning and purchasing Bitcoin.
Let me explain how CFD works. In this arrangement, you and seller of contract for difference(CFD) agree to settle any rise or fall in the price of Bitcoin in cash on the contract expiry date.
As a trader have not to purchase an underlying asset (Bitcoins). Thus it makes trading secure because trader does not need to worry about the security of Bitcoins as he does not own them.
Traders can speculate and make money with Bitcoin on price variation without having to know how to acquire or store Bitcoin securely. A trader can make the profit, regardless of the price of Bitcoin rises or fall without selling and buying Bitcoins.
Few legit companies provide Bitcoin Contract for difference (CFD) trading are
- Support almost all major league cryptocurrencies
- Allows buying cryptocurrencies with a credit card, PayPal, and the dozen other payment options.
- Most recommended Binary broker
- Provides leverage of 1:300
- Can trade Forex, Commodities, Cryptocurrencies, indices, and Stocks
- Bitcoin, Ethereum coin, Litecoin, and Dash are the cryptocurrencies accepted.
- Leverage of 1:200
- 99% customer satisfaction
- can trade multiple crypto assets
- Incredible customer support
- Provide leverage of 1:300
- The platform allows trading cryptocurrency, Forex, Commodities, indices, and Stocks
- Support most Cryptocurrencies among CFD brokers.
- One of the trusted CFD trading platform
- User-friendly interface
- Provides leverage of 1:300
- Do offer trading crypto, Forex, Commodities. indices, and Stocks
- Support healthy amount of cryptocurrency
- can trade 24 hours 7 days a week
- Sign up bonus of 30$
- High leverage up to 1:300
A complete article explaining Bitcoin CFD trading platforms is coming soon.
8. How to earn Bitcoins via Margin Cryptocurrency trading
In a nutshell, Cryptocurrency margin trading means borrowing funds from a trading site the (broker) for the trading cryptocurrency. It allows a crypto trader to trade more than their capital investment.
For example, If your initial capital investment is 100$ and you choose an exchange which offers 1:10 leverage. Then you can borrow 900$ from that exchange hence you will be allowed to trade for 1000$. If the price goes up by 1%, then your overall profit will be 10% and id if the price falls by 1% then you lose 10%.
Margin cryptocurrency trading can be said as the slightly riskier way to earn bitcoins
Best Bitcoin margin cryptocurrency trading platforms
9. Selling Goods and services in exchange for Bitcoin
This is also one of the easiest ways to earn Bitcoins. As a merchant, you can also earn Bitcoins by selling your products and services. There are a lot of websites which provides a platform to sell & buy in exchange for Bitcoin.
You can sell your products as a seller and get paid in Bitcoin. Buyer can also use these platforms to earn Bitcoins by affiliate marketing i.e. by promoting services and products using the affiliate link.
You will receive a commission for referring others. As a seller, you can earn Bitcoins by selling anything like grocery products, fashion products, electronics, and even your fixed asset.
Some of the popular websites are –
Purse.io provides a platform to sell and buy goods in exchange for bitcoins. By using your Amazon account, you can sell at a discount on Purse.io, same applies to the buyer.
Bitify.com is an auction website which sells items using an auction system. It offers escrow services, which means an item will be delivered to the buyer before he/she release Bitcoins. Buyer has to pay a 1% fee for using escrow services.
On the other hand, the seller will be charged 2.5% tax on the total sale price of the item. Premium advertisement receives a 1% discount on the fee, i.e., a seller will be charged 1.5% fee for placing a premium ad.
10. Buy and sell Bitcoin at Bitcoin exchanges
Another easiest way to earn Bitcoins is via buying Bitcoin on one exchange and selling it on another exchange because of the variation of Bitcoin price at different Bitcoin exchange. It is one of the easiest ways to earn Bitcoins the same as buy and hold Bitcoin. You can check Bitcoin live price variation on different exchanges at Bitcoinexchangestore.com
11. Bitcoin-based Freelance sites —
There are many freelance sites which provide a Bitcoin-based platform. In these places, you will be paid in Bitcoins, and they will have Bitcoin-specific jobs.
XBTfreelancer is a Bitcoin-only freelance site. On this network employer will solely pay in Bitcoin and Job seeker will receive payment in Bitcoin.
Coinality is a free network connecting employer and job seeker which provides opportunities that pay in Bitcoin, Ethereum, Litecoin, and Dogecoin. It provides Bitcoin-specific jobs ranges from one hour jobs to full-time employment. There are tons of jobs for developers, writers, brokers, marketers and more.
Freelancer is a network where you can find Bitcoin oriented jobs and get paid in Bitcoin and USD.
Note – Always store your Bitcoins in the best hardware wallet. Read the following article to learn in details