How to Earn Free Bitcoin – 12 Ways to Earn Free Bitcoin Instantly

Although Bitcoin trades for tens of thousands of dollars, there are a number of ways that you can earn a small fraction of a BTC token without needing to risk any money. 

In this guide, we discuss the 12 best ways to earn Bitcoin for free from the comfort of your home.

Crypto-hungry traders looking to earn free Bitcoin may have already come across the best crypto faucets, but are there any better alternatives?

Read on to find out how to earn Bitcoin instantly for free via the above methods. 

A Closer Look at the Best Ways to Earn Bitcoin

Although you won’t get rich by looking at ways to earn Bitcoin for free, this at the very least will allow you to gain exposure to this market without risking any money. 

After researching the public domain extensively, we found that the best ways to earn Bitcoin and other crypto assets for free are the methods discussed below.

1. Lucky Block – Overall Best Way to Earn Free Bitcoin

Through our research, we’ve found that the best way to earn free Bitcoin is to partner with Lucky Block. Although this approach may differ from the others on our list, Lucky Block users can win BTC prizes through the brand-new casino platform, which boasts over 2,700 games.

Lucky Block Casino allows users to fund their accounts using Bitcoin (and nine other cryptos) without deposit fees. The minimum deposit threshold is just $1 (or crypto equivalent), which eliminates any barriers to entry. Moreover, Lucky Block’s signup process is speedy and doesn’t require users to complete lengthy KYC checks.

Once signed up, users can earn Bitcoin by playing casino games or betting via the sportsbook. By opting for the former, users can play games from top-class providers like NetEnt and Pragmatic Play. The latter also offers scope to earn free BTC through wagering on various popular sports – including eSports.

As one of the best Bitcoin casinos on the market, Lucky Block offers an attractive welcome promotion for new users. This promotion gives new users 15% cashback on their net losses for the first seven days on the platform. Cashback can be distributed in Bitcoin direct to the user’s account – creating another way to generate BTC for free.

Lucky Block is also hosting a $10,000 LBLOCK giveaway, which only requires users to create an account and place one bet. The winner of this giveaway will be announced on December 31^st. In the meantime, users can also get involved with Lucky Block’s new ‘Races’ feature, which sees the most-active gamers rewarded with cash prizes of up to €1,000.

Although partnering with this crypto betting site may not be a way to earn free Bitcoin passively, it provides a viable alternative for those seeking to generate income through skill and luck. With a license in Curacao and backed by the super-popular LBLOCK token, Lucky Block is an excellent option for those venturing into the crypto-gaming sphere for the first time.

As a final point to note, Lucky Block is still restricted in the UK and the US – although users in these countries can still access the casino by using a VPN.

2. Interest Accounts – Earn 7% Worth of Bitcoin Per Year via a Savings Account

The next method to consider in your quest to earn free Bitcoin is to open a crypto savings account with Aqru. This top-rated provider offers the best Bitcoin interest account in this market – with a huge APR of 7% on the table. 

In other words, by simply depositing your BTC tokens into Aqru, you will earn free Bitcoin via regular interest payments. In fact, Aqru distributes its interest payments each and every day. This means that every 24 hours, you will have more free Bitcoin deposited into your account.  

A huge benefit of using Aqru in comparison to its competitors is that there is no limit to the amount of Bitcoin you can earn. That is to say, platforms like BlockFi and Binance cap the amount of interest that you can generate at their headline rate to just 0.01 BTC. 

After that, the interest rate is dropped significantly. However, in the case of Aqru, its APY of 7% can be maximized to any amount of your choosing. Moreover, Aqru does not require you to engage in crypto staking or to sign up for a minimum lock-up period. 

On the contrary, all Aqru Bitcoin accounts are flexible – meaning that withdrawals can be requested at any time. We also like that Aqru does not charge any fees – other than a $20 withdrawal charge when you cash out in crypto. Fiat withdrawals are processed free. 

Cryptoassets are a highly volatile unregulated investment product. 

3. Cashback – Crypto Credit Card With an Unlimited 1.5% Cashback Paid in Bitcoin

BlockFi offers a popular crypto ecosystem that covers everything from loans and crypto savings accounts to exchange services and a fully-fledged wallet. The platform offers a crypto credit card that is issued by Visa. 

As a result, not only can you use your BlockFi credit card to make purchases in-store and online, but to withdraw cash at ATMs. In terms of how to earn Bitcoin via the BlockFi credit card, this comes in the form of cashback. 

Put simply, every time you make a purchase on your BlockFi credit card, you will earn 1.5% in cashback – which is paid in Bitcoin. For instance, if you spend $100 at a restaurant, then you will earn $1.50  in cashback. 

Moreover, for the first three months of using the card, the Bitcoin cashback rate is increased to 3.5%. Once you generate $50,000 in annual spend, you will earn 2% cashback for the remainder of the year. 

With that said, a variety of terms and conditions are applied to the aforementioned cashback offers, so be sure to check this before applying for a card.  

Cryptoassets are a highly volatile unregulated investment product. 

4. Sign-Up Bonuses – Earn up to $200 in Free Bitcoin for Opening an Exchange Account

Another great way to earn free Bitcoin is to take advantage of sign-up bonuses offered by crypto exchanges. At the forefront of this is Coinbase, which allows eligible US residents to earn up to $200 via its lucky wheel promotion. 

In order to be eligible, you will need to be a new Coinbase customer. Once you have opened an account, you will then need to buy cryptocurrency.

You can do this instantly by using a debit/credit card or PayPal, albeit, Coinbase charges 3.99% in fees when using these payment methods. 

Nonetheless, after completing your purchase, you can then spin the lucky wheel to earn free Bitcoin. According to Coinbase, 11% of users will win between $6 and $200. The remaining 89% will win between $3 and $5. 

Cryptoassets are a highly volatile unregulated investment product. 

5. Bitcoin Mining Pool – Earn Free Bitcoin Passively via Cloud Mining Pools

The next method to consider is a Bitcoin mining pool. As you might already know, miners ensure that Bitcoin remains decentralized. Every time a new block is mined – which happens every 10 minutes, 6.25 BTC is distributed to the successful miner. Although solo mining requires a significant capital outlay – this isn’t the case when using cloud pool websites. 

Instead, you can invest a small amount of money to buy a share of a mining rig. This will allow you to earn free Bitcoin passively, as you are entitled to your share of any mining rewards that the pool generates. 

6. Learning Rewards – Learn About Bitcoin and Blockchain Tech to Earn Free Crypto

There are a number of online platforms that allow you to earn free crypto and rewards for learning about Bitcoin and blockchain technology. Coinbase, for example, offers numerous online courses which upon completion – allow you to earn crypto. 

Although payments are rarely made in Bitcoin itself, the crypto that you earn can then be converted into BTC. You can either do this via Coinbase itself or another crypto exchange should you wish to benefit from lower commissions. 

7. Bitcoin Casino Promotions – Take Advantage of New Customer Sign-Up Offers

Although gambling is a high-risk endeavor, there are numerous crypto-centric casinos that offer sign-up promotions as a means to entice you to open an account. If you are a new customer of the platform, then you can often claim a free bonus upon meeting certain conditions.

For example, some platforms will match your first deposit in free Bitcoin – which you can then use to play your favorite casino games. Ordinarily, you will need to meet a minimum wagering requirement before you can withdraw your free Bitcoin tokens to a private wallet. 

8.  Bitcoin Faucets – Claim Free Bitcoin for Completing Basic Tasks

If you want to earn free Bitcoin without spending any money, then you might consider joining a faucet website. In its basic form, a Bitcoin faucet allows you to earn free BTC simply for completing a task. 

This might be, for example, a task that requires you to fill out captcha forms or even test out a new mobile gaming app. Either way, upon completing each task, you will receive a very small allocation of BTC tokens. 

9.  Sell Goods for Bitcoin – List Your Unwanted Goods on a Bitcoin Marketplace

Another easy way to earn free Bitcoin without risking any capital is to list your unwanted goods at an online marketplace that specializes in crypto deposits and withdrawals. In a similar nature to eBay, platforms like Ethair allow you to list goods via a ‘Buy Now’ or auction setting. 

Once one of your items are sold, you can receive the proceeds from the sale in Bitcoin. You can then withdraw the Bitcoin to a private wallet. Best of all, Ethair does not charge any fees when you sell items on its platform.  

10.  Get Paid in Bitcoin – Complete Freelancer Work in Return for Bitcoin

If you have a skill set that you can market online – such as writing, translation, or coding, then you stand a great chance of earning Bitcoin. This is because there are several freelancing websites that now specialize exclusively in cryptocurrency payments. 

Ordinarily, potential clients will create a job posting that outlines the work that they need doing. You will then have the opportunity to apply for the role via a cover letter. If you are chosen, your payment for the work can be made in BTC tokens. 

11.  Airdrops – Join a New Crypto Community to Receive Free Tokens

Airdrops are another risk-free way to earn free Bitcoin and other crypto from the comfort of your home. When a new cryptocurrency wishes to market its project to a broader set of investors, it will often ‘airdrop’ tokens to those that join its community.

In other words, you can earn free digital tokens simply for signing up to an upcoming airdrop – of which there are many. 

Tamadoge (TAMA) has just launched one of the biggest and best airdrops in crypto this year and we’ve broken down a full guide on how to enter the $100,000 TAMA token airdrop.

TAMA promises to be one of the best meme coins in crypto, offering utility and value that Dogecoin, Shiba Inu and others never have – as well as the potential for huge gains, Tamadoge will have its own ‘Tamaverse’ made up of NFT ownership and a fun play-to-earn game.

Holders will be able to mint NFT Pets and look after them and watch them grow. Eventually those Pets will be able to battle against other players, earning points and ranking on a global leaderboard to win prizes. In 2023 those Pets will then turn into augmented reality with players able to take their Pets into the real world and hunt for TAMA tokens and other rewards.

12.  Affiliate Sites – Receive Free Bitcoin When People Sign-Up via Your Link

The final method to consider in your search for free Bitcoin is to sign-up for an affiliate program that distributes its rewards in crypto. Put simply, if somebody clicks on your affiliate link and proceeds to register and/or deposit funds with the provider, you will receive a commission. 

This affiliate program could, for example, be offered by a cryptocurrency exchange. In order to be successful in this marketplace, you need to think of ways to get your affiliate link in front of people. A great starting point is to share your link with family and friends. 

Best Platforms for Earning Bitcoin

In addition to considering the best method for earning free Bitcoin, you also need to explore which platforms allow you to achieve your goal.

In the sections below, we discuss the best platforms for earning Bitcoin right now. 

1. Aqru – Best for Earning Bitcoin With Interest

The overall best way of earning free Bitcoin – in terms of yields, risk, and the required effort, is to open an interest account. As we mentioned earlier, Aqru is great for this purpose, as you will earn an APY of up to 7%. 

To recap, Aqru does not require you to lock your BTC tokens away – as all accounts are flexible. There is no limit to the amount of Bitcoin that you can deposit and the 7% APY is not capped in any way. So, if you’re looking to earn interest on your Bitcoin holdings, AQRU is a great option especially for beginners. 

This way of earning free Bitcoin is 100% passive, too. After all, all you need to do is deposit your BTC tokens into your Aqru account and that’s it – you will earn Bitcoin rewards each and every day until you decide to cash out.    

You can read more about this leading crypto interest provider via our in-depth AQRU review.

Cryptoassets are a highly volatile unregulated investment product. 

2. eToro – Best for Earning Bitcoin With Automated Trading/Investing

If you are prepared to take on a bit of risk to maximize the amount of Bitcoin that you can earn, then you might also consider the passive investment tools offered by eToro. 

This top-rated broker is now used by over 25 million people from all over the world and its platform is regulated on multiple fronts. The first option you have is to utilize the copy trading tool and social trading cryptocurrency features.  

This allows you to passively day trade Bitcoin and other cryptocurrencies, as you will automatically copy the positions of your chosen investor. You can choose an investor based on their historical ROI, risk level, and more. 

You might also consider a crypto-centric smart portfolio. These represent diversified baskets of digital currencies and your portfolio will be managed by the eToro team on your behalf. This is a passive investment opportunity, not least because eToro will rebalance the portfolio regularly.

When it comes to pricing, eToro allows US clients to deposit funds for free with a debit/credit card, e-wallet, or bank wire. You will not pay any additional fees for using the copy trading or smart portfolio tool. 

To get started with an eToro account right, a minimum deposit of just $10 is required for US and UK customers, or $50 elsewhere.  

Cryptoassets are a highly volatile unregulated investment product. 

Conclusion

This guide has discussed 12 ways that you can earn free Bitcoin from the comfort of your home. 

Some of the top methods that we came across include Bitcoin interest accounts, crypto credit card cashback programs, and  exchange sign-up bonuses. 

With that said, we found that the overall best way to start earning free Bitcoin today is via Lucky Block, which allows users to play over 2,700 world-class games. Moreover, Lucky Block is offering 15% cashback on net losses for each user’s first seven days on the platform – providing another way to earn BTC through normal gaming activities. 

Frequently Asked Questions on Earning Free Bitcoin