In the years since it was founded, Bitcoin has experienced a bull run.
While it has had some days when it was bearish, overall it has been bullish. And remember that Bitcoin has just surpassed $46,800!
It is not surprising that there is such a craze for digital money since it is truly decentralized, borderless, and uncensored. People around the world now appreciate Bitcoin’s power more than ever.
Moreover, the idea of a currency that gives their purchasing power a boost is unique and exciting for those living in Argentina, Venezuela, Zimbabwe, and Greece.
More and more people are becoming aware of this fact and joining the Bitcoin realm every day.
It’s possible to get Bitcoin through various methods, some of which are better than others, while others are as bad as scams. To that end, let’s discuss some ways to earn Bitcoin that are both legitimate and have low entry barriers.
Check and Read the Powerful PC for Bitcoin Mining
Top 8 Working Ways To Earn Bitcoin (Free)
Bitcoin rewards website Cointiply provides a way to earn free bitcoins. The Cointiply website provides you with tasks that anyone can complete, and for every completed task, you get a free bitcoin.
There are many surveys, quizzes, and other tasks that can be tailored to your age and location on this website that is completely free to use.
2. Coinbase Earn
The Coinbase earn program is the brainchild of Coinbase, a popular crypto exchange headquartered in the USA. How does Coinbase earn work?
- Head over to Coinbase earn site
- Create a free account
- Learn about any of the available cryptocurrency
- Earn free Crypto
Once you’ve exchanged these cryptos for bitcoin, you can keep the same coin or switch to another.
3. Play Games and earn Bitcoin:
You may hear about more such opportunities in the coming days, since this is a new way to earn free Bitcoin in 2021. For the time being, this trick is only available to Counter Strike Go players based in the U.S.
Here are the steps to earning Bitcoin:
- Download Infuse client by Zebedee
- Download and install Zebedee wallet on your phone
- Connect Zebedee infuse client with your Steam account.
- It would show you all the available servers along with the entrance fees
You can join any server of your choice and win for Bitcoin from here.
I expect more games of this nature to launch soon. The gaming community should pay attention to this area.
4. Get Bitcoin from One of these websites:
The following are some of the most trustworthy websites for getting bitcoins. Additionally, you are provided with a Bitcoin wallet address and are able to store or spend bitcoins directly from these wallets.
Having a mobile app that works well on Android and iOS is why I’m a big fan of CEX. Any amount of Bitcoin is available quickly.
5. Shop and earn free Bitcoins
Spending money online and earning bitcoin is by far the fastest way to earn free bitcoin. Bitcoins can be earned for your online shopping using Bitrefill or Lolli, which are crypto reward apps.
You can use Lolli on a regular basis and accumulate a nice amount of Bitcoins as a result. It supports most of the major online retail shops.
To get started, here is what you need to do:
- Head over to Lolli Website
- Create a free account
- Download the chrome extension
By now, you’ll earn free bitcoins every time you shop online through any of the 500+ stores.
Other similar apps are:
- Foldapp (Supports AirB&B)
- Cryptocom (Offers a Crypto debit card with cashback feature)
6. Work For Bitcoin
The easiest and most legitimate way to earn Bitcoin is to work for it.
We are seeking engineers, designers, writers, singers, translators, editors, internet marketers, freelancers, and developers to work for us.
You can exchange your services for bitcoins through numerous platforms and websites.
Some of these platforms are:
7. Earning Bitcoin From Trading
Through crypto trading, you can also earn bitcoins in a legit and cost-effective manner.
To be successful, this requires a lot of awareness and analysis.
The idea behind this method is to diversify and invest in various cryptocurrencies when their prices are cheap and then sell them when their prices spike.
Hence, you earn more BTCs by selling them for a profit, which results in you earning Satoshis.
There’s nothing wrong with Do It Yourself (Do It Yourself) and Do Your Own Research (Do Your Own Research), as I’ve done this numerous times with good ROI. This is not an investment pitch or advice.
Buying your favorite cryptocurrencies from various exchanges is a simple task if you follow and closely monitor them. You can find below a list of some of the best cryptocurrency exchanges where you can buy cryptocurrencies.
On these exchanges, you will also find almost all altcoins:
- Binance (You can also get Bitcoin from here directly)
- Binance futures
The exchanges on this list range from the most straightforward ones for newbies to some of the more sophisticated ones for experienced users.
8. Earn BTC By Lending
A saying goes, “Your money should be put to work.”
You can earn some profit on your Bitcoin, if you are already hodling it, by lending it out. You can do this with the help of peer-to-peer Bitcoin lending platforms which provide 3%-8% returns on investments in the form of bitcoins.
One such website is Blockfi, which has been around for quite some time. I have already outlined some of these Bitcoin loans in a previous blog post.
Nonetheless, beware: this area of lending tends to be unregulated, so choose your borrower carefully and always abide by the policies of the platform in order to reap your rewards.
9. Earn Bitcoin By Helping People
Currently, this method isn’t as effective. Instead, consider the above five methods, which are the most effective.
If you are good at offline/online research, this is quite a revolutionary way to earn bitcoins.
Bitcointip is a desktop and mobile platform that rewards you for providing Bitcoin tips.
Incentives for tipping Bitcoins are offered by the company. “Be helpful and earn Bitcoins.”
Anyone can post a question on this platform, and the answer provider receives Bitcoin tips in exchange for the answer.
I can offer a Bitcoin tip to whoever gives me information about how to buy a pink, Persian cat in India, for example
They are available in 11 different languages, which is one of the things I like about their platform. Many people around the world benefit from this low-entry barrier.
- A Simple Way To Earn Bitcoin
- At this point, my article will come to an end.
However, I would like to address one thing before I leave:
How come I haven’t mentioned bitcoin gambling or mining?
I did not include gambling and mining, since mining farms and ASICs have made mining out of reach for commoners.
In that regard, if you’re interested in mining, you can sign up for a cloud mining service like Genesis mining or Hashflare, or you can get an ASIC from Bitmain.
It’s time to hear from you: How are you earning more bitcoins? What have you learned so far? Have I missed anything? I’d love to hear what you think in the comments below!