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15 Best Ways to Earn Bitcoin Free in [2020] Step by Step Guide

If you are in search of secure and most reliable methods of earn bitcoin (BTC) free with a deep overview, then you are in the right place.

There is a common question revolving all the time among the fans of bitcoin and cryptocurrency that, how to earn bitcoin? Many websites that recommend you a lot of methods but here, you can find ways of earning in bitcoin (BTC) without any risk of scamming and will learn about their possible defects.

These are the best ways to earn bitcoin for free

  1. Airdrops
    Airdrops programs are part of the ICO campaign of a blockchain project. You can earn cryptocurrency by cooperating and spreading the voice of projects on social media sites and platforms.
  2. Steemit
    Steemit can be helpful in building your career as an article or blog writer. You can earn on this platform by writing blog posts.
  3. Bounty Programs
    You can earn a lot with the assistance of bounty programs. In a simple context, bounty means giving rewards for completing some tasks. Cryptocurrency projects can give you bounty in digital assets for doing some tasks for them such as posting on Facebook, Twitter or other platforms.
  4. Faucet User
    The Faucet can give you an opportunity to earn BTC in small amounts or fractions by simply offering minor tasks such as logo quizzes, completing surveys and doing captcha.
  5. Faucet Owner
    Besides working as Faucet user, you can also make $1,000 a month by creating your Faucet but it requires some initial investment.
  6. Coinbase Earn Program
    Coinbase providing two opportunities to its users; one can earn while learning about cryptocurrency by watching their tutorial lessons.
  7. Brave Browser
    Anyone who is surfing browsers most of the time can earn a lot through the Brave browser by simply watching ads and surfing the browser.
  8. Freelancing
    You can build your career as a freelancer for blockchain technology and get paid in bulky amounts. There a lot of websites offering their platform for freelancers.
  9. Gambling
    You are already familiar with the volatile behavior of gambling. You can a pile of BTC or lose it all in online casinos. Beware of the fraud or any kind of scam.
  10. Playing Games
    Online game lovers can make money through BTC by playing games online. There are hundreds of games available on the internet that rewards you in bitcoins.
  11. Trading
    Trading is a game of big investors and traders. One cannot make BTC without having a full understanding of trading markets and technical analysis.
  12. BTC Mining
    This process is too costly and needs an initial investment to start BTC mining. On the other hand, you can earn an attractive amount of BTC through mining.

How to Earn Bitcoins step by step walk through

1 : Earn bitcoin from Airdrops

Airdrop is a phenomenon to promote  a project by giving away free coins or tokens before the launch of ICO to increase awareness.

When a project launches in the market,  it has some aim or goal, the first question arises, that how it will reach the sphere of investors and traders. To solve this problem, airdrops came into the crypto world to make people familiar with the project before its launching.

Pros

  • No initial investment
  • A lot of opportunities

Cons

  • Long-term wait
  • Tokens may become worthless
  • A lot of scam projects

The project gives free tokens to the community for sharing their vision and project on social media sites such as Twitter and Reddit or joining their Telegram channel. You have to write a blog or post about the cryptocurrency to get some free tokens.

You can earn a lot through airdrops. For example, you get some tokens by Airdrop and store in your wallet, when the price of tokens increases in the crypto market, the price of tokens stored in your wallet will also increase.

You can join any airdrop by doing some minor tasks for them.

There are some other websites, where you can find the latest airdrops, how much they are giving tokens in rewards, and about their vision.

Airdrops.io

Here, you can find the latest list of Airdrops launching in the market. Although it is one of the top website in airdrop niche but in my experience, they do list many scam projects since they charge a fee for listing airdrops so any project with some money can list its self on airdrops.io

Airdropalert.com

One of the first website for airdrop alerts. its quality was very good in the past but when they start listing paid airdrops their quality is going down day by day.

The drawback in earning cryptocurrency through this method is that; it will take a lot of time to have the worth of tokens stored in your wallet. Second, your reward tokens may become worthless in case of failure of the project.


2 : Earn bitcoin with Steemit

Steemit, a social media site,  give you a lot of money in the form of cryptocurrency. It is based on blockchain technology.  On this website, 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.

Pros

  • Secure and reliable
  • Earn while blogging

 

Cons

  • Need time to build followers
  • Low earning at beginning

Steemit is an application of Steem that came into existence in 2016 and now is one of the top-rated cryptocurrency by market cap. The readers give up-votes to your blogs, which is a source of rewards. This means you have to do a lot of work and spend your time to build the audience and followers.

The primary step to enter Steemit is to create an account by clicking on the ‘sign up’ on the first page of the website.

There will be two options for registering your account on Steemit.

  • Sign up for free (It will take some time)
  • Sign up by Paying (Instant Access to Steemit)

If you don’t want to make an account by payment, then you have to wait 1-2 weeks.

The main problem with this platform about earning money online is that, the half amount of your earning will add up to Steem-power that will go to the people who give up-votes to your articles and blog posts; the other half amount will be given to you in the form of Steem dollars, a cryptocurrency, that will convert into bitcoins on any exchange.


3 : Earn bitcoin from Bounty Programs

The simple and straight meaning of bounty is to give a reward in exchange for doing some tasks. The bounties programs now become an integral part of an ICO campaign. These tasks include blogging, sharing a post on Twitter and Facebook and participating in the BitcoinTalk signature campaign. In return, you will receive tokens of that cryptocurrency.

The main purpose of bounty programs is to raise awareness among the traders and investors of cryptocurrency, and building a powerful community.

Pros

  • Step by step guide available for earning
  • May book a good profit

Cons

  • Require a lot of hard work
  • Tokens may become worthless in case of project failure
  • Many scams

There are two types of bounty programs :  one is pre-ICO bounty program and the other one is the post-ICO bounty program.

  • In the pre-ICO bounty program, the foremost task is to spread voice in the sphere of cryptocurrency through social media sites.
  • The post-ICO bounty program includes; translation of whitepaper and project to other languages to increase more audience and to improve their official site.
📰 Also read:  The Best Bitcoin Cash (BCH) Wallets to Use in 2024

The question arises where you can find the best bounty programs to earn bitcoin (BTC).

On BitcoinTalk, you can discover best bounty programs to earn a handsome amount of cryptocurrency which converted into bitcoins.

There is a list of bounties on the dashboard of the forum where you can select one of your choices. For example, one of the above lists is selected to guide you.

There are different proportions of rewards for respective different tasks. You can see this calendar of percentages for respective tasks.

You can post about ICO on your Facebook platform.

There is a big community of people interested in ICOs on Twitter: you can post it there if you have an account with a handsome number of followers.

If you are good at writing articles and blog posts; you can write a detailed blog post about the project and share it on your website, blogger or any other recommended platform.

The problem with bounty programs is same as with airdrops many projects exit with scams while many don’t pay so when ever you think to participate in a bounty program first do detailed analysis of the project.


4 : Earn Bitcoin as a Faucet User

Faucet is a micro-earning process that gives you rewards for watching advertisements, completing the minor tasks and filling captchas.

Bitcoin faucet is a way of obtaining bitcoins in very small fractions. If you are new to crypto-world and want to get some digital assets, then it is the best method for you to earn.

Pros

  • No initial investment
  • Low risk

Cons

  • Earning in small amounts
  • Consume more time

If you are in search of most efficient bitcoin faucets, you will have to make an account on the FaucetHub.

It offers you a micro-wallet to store your small amounts of digital assets. It is designed for app owners, website owners, faucet users, and faucet owners.

To start earning with Faucet Hub, the first step is to sign-up for the website.

You will find a lot of faucets of bitcoin and other cryptocurrencies. Choose the ‘Bitcoin’ from the list to show its running faucets.

There are following some websites where you can earn by completing minor tasks and playing games.

The main drawback of this is that it gives you BTC in a very small fraction, on the other hand, you waste a lot of energy, your precious time and also electricity used by your computer to accomplish these minor tasks.


5 : Earn bitcoin as a Faucet Owner

Another way to earn from the faucet is to create your faucet. You need a website to facilitate BTC faucet on this; whether, you develop it by yourself or purchase it from another source.

You can start this as your career by earning almost $1,000 a month. But this is tiresome work and demands your precious time.

You can attach your faucet with Faucet Hub to reach more people,  as a result, draw more traffic to your faucet. You will receive revenue when a user watches some ads monetized by Adsense or complete some minor tasks such as taking surveys or do some captchas.

To connect your faucet with Faucet Hub, you have to click on the ‘Activate Manager’ and then proceed next by fulfilling terms and conditions.

The faucet can give you a handsome amount of BTC worth of $1,000 per month.

To start this, you have to invest by purchasing the domain and proper hosting. After creation, you would add ads by monetizing them with AdSense of Google. The owner of the faucet will get the revenue; when users of faucet watched the ads and complete the minor tasks.


6 : Earn bitcoin from ‘Coinbase Earn’

Coinbase has started a new project ‘CoinbaseEarn’ to raise awareness among the people about cryptocurrency and underlying technology, blockchain. There are video tutorials in the form of courses about some cryptocurrencies listed on the page of the Coinbase platform.

Pros

  • Very easy tasks
  • Earn while learning

Cons

  • Long-term wait except for US and UK users

You can watch videos and complete some minor tasks. By doing these simple tasks you can earn cryptocurrency worth of dollars up to $50 which then converted into bitcoins on any trading platform.

You just have to learn about cryptocurrency, and in return, you will receive rewards.

The first step is to create an account by clicking on the ‘Get started’ button on the upper right side Coinbase dashboard.

You can watch the video lessons of any cryptocurrency. For example, I would like to have an understanding of DAI cryptocurrency to get some rewards.

The list of the lessons will open,each one will take 2-3 minutes approximately.

Earning crypto from this project is a secure method and without any chance of scamming as Coinbase is a prominent platform of trading cryptocurrency.


7 : Earn bitcoin from Brave Browser

Brave browser is a first browser that gives you rewards by watching ads and surfing from the browser. The Blockchain technology is used to unveil this open-source browser with rewards offered in cryptocurrency, Basic Attention Tokens (BAT).

Pros

  • Simply earn by watching ads
  • Data privacy

Cons

  • wait for ads
  • Earning in small amounts

If you want to earn, you will have to watch ads that were selected by the browser. This agenda of watching ads will connect the organizations and companies with people, who are interested in these ads of companies and projects.

The first step is to download the Brave browser on your desktop or smartphone.

For earning in Basic Attention Token (BAT), you will have to enter the page of ‘Brave Rewards’; on this page, you need to enable ads.

Other browsers don’t have strict terms and condition to block ads while scrolling any web on the internet. But the Brave is a first one to win this title by blocking all ads, cookies or any kind of trackers; which make it more secure and different than any other browser.

You can learn it step by step by reading our article on Brave Browser.

Brave Browser Rewarding: How to Earn BAT Tokens

After earning in BAT tokens, you can convert these into BTC on any exchange that is suitable to you.


8 : Earn bitcoin as a Freelancer

If you are creative and good at something; you can offer your service and get paid in bitcoins as a Freelancer. There are a lot of websites on the internet that paid you in cryptocurrency (BTC). Here, we list the most reliable and credible platforms from where you can earn a lot as a freelancer.

Pros

  • Secure method
  • Could be a good career

Cons

  • Must require some skill
  • Take some time in the beginning

BitcoinTalk

Suppose you own a Youtube channel, Facebook page, twitter account or a blogger related to cryptocurrency then you can earn a lot by just completing minor tasks.

For example, if you are a blog writer; you can write a blog post as a blockchain freelancer given by any cryptocurrency project.

Dream

The Dream based on blockchain technology lets your creative work share with the world. You can work as a blockchain freelancer in the following categories.

  • Blockchain
  • Technology
  • Business
  • Design and Creative
  • Marketing
  • Writing

Bitfortip

Users of Bitfortip can post some tasks such as how to find things online etc by labeling some amount in BTC, while members will answer to win that prize in BTC.

📰 Also read:  The Best 5 Chainlink (LINK) Wallets to Use in 2024


9 : Earn bitcoin from Gambling

Gambling is on top of the ways of earning free BTC which are highly risky. You can lose all your money or become rich through casinos. If you want to check your luck, then it is the best way to earn instantly without any waiting. There are a lot of online casinos that offer you gambling in BTC.

Pros

  • Get a pile of cryptocurrency in short time
  • No effort or hard-work

Cons

  • Extremely risky
  • Chances of fraud
  • Required initial capital

Before gambling, you need to check the credibility of platform and how much it is secure. You should beware of scamming or any other fraud; therefore do your research before entering in these magical games.

Three of the best and popular platforms for gambling are the following:

1xbit.com

1xbit.com is one of the most interesting and fast growing cryptocurrency gambling platform at the moment. They offer the widest selection of sport events and wagering options and definitely the highest odds for them on the market.

Fortune Jack

Fortune Jack is one of the secure and trusted live Casinos on the internet. There are many cryptocurrencies work on this platform such as Bitcoin, Litecoin, Dogecoin, and many others.

Bitcasino

Bitcasino started in 2013 and one of the oldest live casinos on the internet. It is governed by the government of Curacao which makes it somewhat fair. It offers 1400 different types of casino games.


10 : Earn Bitcoin by Playing Games

It is a common question among the fans of bitcoins that; is it possible to earn bitcoin by simply playing games? The answer to this question is yes; there are a lot of popular games that can give up to 1 bitcoin free. This will be great news for those who love to play online games on their desktops or smartphones.

You can find hundreds of games that are giving free bitcoins by playing games, but this amount is not very attractive.

Pros

  • Pay directly in BTC
  • Earn while playing

Cons

  • Earning in little amounts
  • Not Secure

Here, you can find best games trending on the internet and recommended by most of the experts.

Bitcoin Aliens

Bitcoin Aliens offer different games of your choice available in Google Play and App Store. They claim that they have given almost 1090 BTC worth 7 million dollars. This platform also rewards in other cryptocurrencies besides bitcoins.

bitstarz

You can play games here in different categories such as slots, blackjack, roulette, video poker, live casinos and many more on one platform.

Bitcoin.com Cash Games

Play instantly without being registered at the start. You just need to save a URL before leaving this, can resume playing thereby putting URL. one can play on your smartphone by installing their Cash Games App.


11 : Earn Bitcoin from Trading

The trading of cryptocurrency is a somewhat complex phenomenon, as its price is volatile, changing very rapidly from scratches to peek or fall very quickly. But technical analysis may help in trading of Bitcoins. To earn BTC through trading is a risky thing but you can earn a lot in a very short piece of time.

Pros

  • Highly Profitable
  • Many Platforms Available for trading

Cons

  • Highly Risk
  • You can lose your money
  • Required initial capital

You must know, when to buy BTC and when to sell BTC. For trading of BTC, first of all, you have to get BTC from anywhere. You can take BTC with your fiat currency through an exchange.

There are a lot of exchanges on which you can obtain BTC with your fiat currency. These exchanges are listed on the coin market cap. You can find a suitable exchange there, relative to your geographical region.

You must be specialized in technical analysis to earn a handsome amount of revenue from BTC trading. You must know, what is a suitable time to purchase, and when to sell it by booking a good profit.

This method of earning cryptocurrency is risky as you cannot predict exactly what will be the price of bitcoin in the next coming days.


12 : Earn Bitcoin from Mining

BTC mining is the most popular, and a secure method of earning bitcoins. Miners solve the computational problems of bitcoin transactions and receive bitcoin as a reward. This is a complex procedure, as bitcoin miner needs to have a system of strong power to solve more computational problems.

Pros

  • Very profitable
  • More Secure

Cons

  • Need high power electricity
  • Need powerful systems
  • Require expert to setup

The computers and system used for this process are very expensive. Secondly, they need a large amount of electricity, which can be a loss in those countries where electricity is expensive.

Moreover, a bitcoin miner requires the software and will have to join a mining pool. The mining pool is created by the cooperation of miners, and they receive rewards in proportions by sharing their hash-rate with each other.

Once a block of the transaction is completed, you will get a reward. Every 10 minutes, a miner will get a reward in the form of bitcoin.

In cloud mining, you would not have to use supercomputers or to install hardware by using the great power of electricity. Instead, you have to make an agreement with a company by participating in its mining process, creating an account on their website. In return, they will give you some hash-power and profit in proportion by computing problems of transactions.

This is a complex procedure, as bitcoin miner needs to have a system of strong power to solve computational problems. The computers and system used for this process are very expensive.

Secondly, they need a large amount of electricity, which can be a loss in those countries where electricity is expensive.

Please give us feedback that how much you like this article about earning free bitcoins and also share your experience.


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Cypher

Davis Byrne (US)

Davis Byrne got into the cryptocurrency world in 2013. He contributes technical chart-based price updates and price analysis on the world's leading digital currencies.

5 Comments

  1. This article please me enormously, for me I prefer the airdrops, but the question is how to distinguish the true from the false, because it takes time ???

    1. do your own research before participating in any airdrop because most of airdrop sites list scam airdrops just for making money.

  2. If not for bitcoins, I don’t know how I would have become successful today. Wasn’t a smooth ride getting the contact of a real miner over the years not until I met with globalbinaryoptions and invested a few bitcoins with the brokers. I was very surprised when my earnings came and it was a double of my investment. That has been my secret of success ever since. You can contact them to change your stories too.

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