Free Crypto: The Best Sites To Earn Crypto | August 2019

Update 1/08/2019: This month we'll be taking a look at the best exchanges for coin staking, a new alternative for collateralised loans and the first truly global crypto card & its loyalty reward program.

Earn Free Crypto

The simplest way to get your hands on crypto today is arguably by buying it, but there are plenty of sites that will net you some crypto for free for you to try before you buy, or to simply grow your portfolio. 

In this article, we'll keep an updated selection of the best sites to earn free crypto, so you can grow your crypto savings, from small amounts to big bounties. And with Cloudbet's new lowest minimum bets at only 10 Satoshi, even the smallest proceeds can turn into big winner amounts. 

In fact, once you've gathered your free crypto, and won some more on our site, you'll probably start to wonder what exactly you can do with your coin. Well, wonder no more, as we've scoped out the best places for you to spend your bitcoin

From retail shops to travel services, there are a growing number of companies and establishments that now accept BTC as a form of payment - making it the perfect time to get your hands on some. So, without further ado, here are the top ways to earn free crypto, divided by category.

Coin Staking

Coin Staking, in Proof-of-Stake blockchains, is the process by which active cryptocurrency holders participate in the decision making of new changes to be implemented in the network. Holders that become active participants in the consensus process are rewarded with a sort of passive interest in the same cryptocurrency in the case of Stellar XLM, or through another currency in the case of NEO and GAS.

Although the average holders may not have the technical knowledge, time or desire to be active participants; there are still ways to earn staking rewards by staking through exchanges or staking pools.

Binance

Binance has recently announced it will be adding XLM to the list of currencies available for staking. Furthermore, the exchange will be distributing 9,500,000 XLM to users that deposit and hold XLM in their Binance wallets between the 20th of July 2019 and the 1st of September 2019. Once the giveaway is over, the staking rewards will drop to the average 1% annual staking reward. 

Binance-Free-Crypto
Earn with Binance

NEO/GAS, ONT/ONG, VET/VTHO, TRX/BTT, KMD & ALGO are also available for staking on Binance, with an estimate annual ROI of 1%-3%, paid monthly every first week of the month.

KuCoin

KuCoin also provides staking services for ATOM, EOS, TRX, IOST, NEBL, ONION, NRG, NULS and TOMO with an estimate annual ROI between 0.5%-22%, distributed every 5th day of the month. 

KuCoin
Earn With KuCoin

Additionally, KuCoin is launching the KCS Lockup, offering between 35% to 50% annual interest on KuCoin Shares (KCS) for locking up the tokens for a period of 3 months, starting at any point from the 1st of August to the 30th of August. To minimise the rest for the program participants, once the tokens are unlocked users will be able to sell their tokens to KuCoin for 90% of the KCS - USD price at the day the lockup period started.

*Staking coins on Binance and KuCoin doesn’t involve any lockup, with the exception of the KCS lockup. Users will be able to trade or withdraw their coins freely but they should be aware that the rewards are calculated daily and an empty balance will impact the monthly staking reward.

Crypto Cards

Crypterium 

Crypterium is considered one of the “Emerging 50 Rising Stars” in Fintech by KPMG and H2 Ventures. The crypto bank offers collateralised loans, instant crypto purchases and mobile wallets to send cryptocurrencies to users who haven't registered yet using their phone number, email or wallet.

Crypterium also offers the first truly global crypto card, so users can pay anywhere they go. The card itself is provided in partnership with UnionPay, in the Philippines, which isn’t part of the Common Reporting Standards; meaning they are not required to share users data with foreign financial entities.

Crypterium

Monthly Loyalty Program

The recently launched monthly loyalty reward program will distribute 30% of the revenue from crypto-fiat transaction fees, in CRPT, the native ERC-20 token of the platform.

Depending on the amount of CRPT held in the mobile wallet, users will be assigned to the Bronze, Silver, Gold and Platinum echelons, which will have a claim of 5%, 10%, 35% and 50% of the monthly rewards respectively. 

Crypterium

The first reward will be distributed on the 1st of August, and even though it is not mandatory to hold CRPT to qualify for the monthly rewards, users will have to make crypto-fiat transactions to participate and increase their claim on their echelon’s reward pool.

Follow these simple steps to start betting with Cloudbet today
1. Create an account
2. Deposit bitcoin into your account
3. Start betting with bitcoin

P2P Crypto Lending

Nexo

Nexo

Nexo is another collateralised crypto loans provider, like Celsius Network, BlockFi and Crypto.com. Nexo offers loans collateralised with BTC, ETH, BNB, XRP, NEXO and LTC, but unlike its competitors, the platform pays interest to lenders of EUR,USD, GBP and USD-pegged stable coins. Nexo’s compound interest on stable coins is currently at 8% and is paid daily. 

Predictions

The prediction business is a hard one, and trying to beat the market with your own money can be risky if you don't know what you're doing. However, you can still earn small amounts for getting predictions right. Some companies pay you small amounts for your guesses: if you get it right, you get part of the prize. 

In return, they get data for their machine learning algorithms, benefiting from the wisdom of the crowd to more accurately predict resistance levels and price movements.

Cindicator

Cindicator is a predictive analytics platform that uses machine learning and collective intelligence from over 130,000 analysts to forecast the outcome of stock and crypto markets.

Cindicator Questions
An example of the questions waiting to be answered

Anyone can become a Cindicator analyst by signing up and answering different questions listed on the platform. The questions include estimating the likeliness of an asset to be traded above or below a certain price, or the highest and lowest price an asset will be traded in a specific time period, as to calculate the support and resistance levels through crowd intelligence.

Cindicator Forecast
Answer correctly to get rewarded

For each successful forecast, analysts get rewarded with points, which, in addition to the echelon they belong to, is used to calculate their claim to the 1.25 BTC pool for Crypto forecasts and $7500 for the Stock forecasts. The rewards are converted into CND tokens and distributed to the lucky winners, who can withdraw their balance from 150 CND or 0.01 ETH.

Additionally, the analysts topping the monthly leaderboard get free access to the analytics platform and its multiple features, to further benefit their portfolio with informed decisions.

Surveys

The prediction business is a hard one, and trying to beat the market with your own money can be risky if you don't know what you're doing. However, you can still earn small amounts for getting predictions right. Some companies pay you small amounts for your guesses: if you get it right, you get part of the prize. 

In return, they get data for their machine learning algorithms, benefiting from the wisdom of the crowd to more accurately predict resistance levels and price movements.

Insight Network

Insights Network is a blockchain-based survey and market research tool that allows its users to get rewarded for answering short surveys. When joining, you need to create an account at Instar Wallet to receive rewards. Unlike third party surveys on Storm or some crypto faucets, the initial surveys are mostly focused on crypto subjects such as the Coinbase outage or Facebook’s Libra, which makes much more sense given its user base.


The only information required to register and the only information shared through this polls and surveys are the user’s year of birth, gender and country, for which the user will get rewarded with INSTAR, their ERC-20 token, currently trading around $0.015514.

Sign up to play for free in our Bitcoin Casino
1. Create an account
2. Enjoy our free play games
3. Play with real funds and join our growing list of big casino winners

Video Games

This is self-explanatory and exciting. How about getting paid to play video games? Granted, you won't be able to quit your day job anytime soon, but at least it's fun, right?

Vibe or Die

Vibe or Die is a FPS shooter game that allows players to wager and get rewarded for every kill they make.  

To start, new users will need a Metamask account to fund their account and withdraw the tokens they earn. Here is a short Medium tutorial on how to set up your account.

Vibe or Die
A higher death count = a higher balance

Players can select the following tokens and the stakes to wager on from the game menu:

VIBE stakes: 0.1 ~ 10 ~ 100 ~ 10,000 per kill/death

BNB stakes: 0.01 ~ 0.1 ~ 1 ~ 10 per kill/death

ETH stakes: 0.01 ~ 0.1 ~ 0.5 ~ 1 per kill/death

The game itself is pretty straightforward: there are no character classes or different weapons to pick up in different parts of the arena. Instead, all players fight with the same type of weapon and grenades with infinite ammunition and health that regenerates overtime.

Like most blockchain based games, all the transactions and kills/deaths during Vibe or Die gameplay are available to users through the VIBENet private chain explorer.

Febbit

Febbit is a faucet-like browser game that awards satoshis for having the player’s avatar “mine” in-game currencies and booster items. Players can “mine” for items every hour and improve their efficiency and idle time by buying boosters.

“Mining” to get a decent bag of satoshis takes quite some time, considering the minimum withdrawal amount is 1000 satoshis.

Rest assured, as stated in their FAQs, Febbit doesn’t use any of your computer resources for mining.

Febbit       
Febbit
Earn BTC the fun way with Febbit

Passive interest

If big risks and gains are not really your cup of tea, earning interest on your capital through a crypto lending platform is probably the safest option. That is, right after keeping your funds in your own wallet. 

BlockFi

BlockFi's Crypto Interest Account
Get interest on your crypto at BlockFi

Backed by renowned partners such as Coinbase Ventures, Galaxy Digital, CMT Digital, Consensys, and other big names, BlockFi´s platform offers crypto collateralized loans with a Loan to Value of 50% (borrow 3000 USD, deposit 6000 USD worth of BTC or ETH). As well as getting a loan; users can also become lenders, earning a very decent 6.2% monthly compounded annual interest.

Your BlockFI funds will be safely stored with Gemini, a New York-based custodian. Considering the custodian charges 0.4% annual interest for custody services to new customers; BlockiFi seems like a pretty good deal.    

A key point is that the business doesn't limit the scope of its loans, providing for those traveling around the world, buying stocks, paying off credit cards, business loans or even buying new cars. There is always the chance of borrowers not paying back their loans, but as the loans are collateralized there is no default risk.   

Celsius Network

From Alex Mashinsky, one of the inventors of VOIP (Voice over IP), comes Celsius Network - the technology that has made internet phone calls a reality.

Unlike BlockFi, Celsius lenders can withdraw their funds anytime they want as interest is calculated daily and paid weekly. The business also offers 16 currencies to earn interest on the top cryptocurrencies and stable coins; with annual interest ranging from 3% to 7% on the deposited currency.

Rest assured, your deposits to Celsius are kept safe by Bitgo, one of the leading cryptocurrency custodial services. Another difference with BlockFi is that Celsius loans are mainly focused on institutional lending, although it also lends out to individuals for a bigger interest than BlockFI.

UPDATE: Speaking of interest, users can now choose to earn interest not only on the currency they deposited but also in CEL tokens, which gives an additional 10% on the earnings. The CEL token is used to get better interest rates (up to 25% more) and loan interest discounts in the Celsius Network app; to get the best interest, users will need to have 10% worth of their portfolio in CEL. You can manually opt in to earn CEL by going to settings, wallet and activate “earn interest in CEL”, or simply purchase the required amount through an exchange.

Crypto.com (formerly Monaco)

Ok, so this is a double entry, but bear with us. We have some good news from Crypto.com: they are now offering up to 6% p.a. for a 3 month lock-up period or 2% p.a. with no lock-up on your cryptocurrencies (going up to 8% p.a. and 4% p.a. with MCO staking for the same lock-up periods).

Crypto.com home page
Passive interest and also cashback - although restrictions apply

The interest is paid weekly in the currency deposited; so far, users can earn interest in BTC, ETH, LTC, XRP, TrueUSD, Paxos and USD Coin. Additionally users can earn even more interest by staking MCO, the native token of the platform.

Crypto Mining

Honeyminer

Honeyminer is a platform that allows users to put their unused computational power to use in mining a selection of cryptocurrencies and collecting rewards in bitcoin.

Honeyminer Mining Platform
Earn with Honeyminer

All you need to do is download the Honey Miner software, set up an account with you email address and that's it. Mining profitability depends on your computer's performance and the amount of time you allow the software to run.

The amount of resources being used doesn’t really affect most of the user’s tasks with the exception of intensive gaming or video editing. So far, Honeyminer is only available on Windows, but a Mac version is in the pipeline. There's also a mobile app in which you can monitor the computer remotely.

The platform’s current withdrawal fee is 0.00037500 BTC, and the minimum transaction size is 0.00002500 BTC - so think long term.

*Cryptocurrency Mining is a highly competitive sector and prospective miners should consider cloud mining or miner hosting services as the most scalable and lucrative alternatives.

Bet with the lowest minimum stakes online at Cloudbet
1. Create an account
2. Choose your low stakes sports market
3. Bet small, dream big

Free Bitcoin Faucets

Faucets are perhaps the earliest way of earning free crypto. The logic is simple: you perform an action repeatedly, and faucets "drip" coins in proportion for the time spent doing the task. The action at hand is usually viewing or interacting with ads, which are behind the whole concept. 

The first bitcoin Faucet was launched in 2010 by Gavin Andersen, the so-called "Satoshi Nakamoto successor" and chief developer of the open source code that defines the rules of bitcoin - AKA bitcoin core. The faucet site was closed down in 2012 but in its early days have rewards of up to 5 BTC to each visitor. What was worth only a few cents at the time could have turned into $100 thousand during the late 2017 all-time high. That is, if you managed to keep your bag safe and untouched for seven whole years.

Cointiply

Cointiply is one of the slickest faucets we have seen so far. The site rewards users with coins which are tied to the US dollar (100 coins = $0.01 = 0.000002 BTC).

Users can claim between 15 and 840 coins every hour by rolling the dice and testing their luck.

Once users have more than 10 coins, they can choose to gamble on the Multiplier game for the chance to increase their bags.

Additionally, Contiply users get rewarded for completing surveys, viewing a large selection of ads and playing free mini games.

The platform also offers 5% annual interest for users that have a balance of over 35,000 coins and have opted in. Users can also deposit BTC in order to reach the minimum amount required for earning interest.

Unlike many other faucet sites, they do offer direct withdrawals from 100,000 coins or 35,000 through third-party sites.

Cointiply Dashboard
How much will you win?

Yobit exchange

Fast forward to 2019 and we find a wide range of bitcoin and altcoin faucets that pay significantly less than 5 BTC. Yobit is not one of the leading exchanges on Coinmarketcap, but it has close to 500 trading pairs and a few additional features, including - you guessed it - a faucet.

Yobit’s faucet offers the highest reward-per-effort ratio as there is no over complicated task and users only need to pass one Captcha to claim all the altcoin rewards. While this faucet doesn't reward in bitcoin, the minimum trading orders allow users to exchange their altcoin rewards for their preferred cryptocurrency.  

Airdrops

An Airdrop is a process by which the developers of a token-based project distribute their own currency for free, sometimes under certain conditions. The coins or tokens are delivered to wallet holders that have a determinate balance or that have registered their interest on the project

In some cases, getting rewarded with the coin or token of a particular project will require a bit more work than just providing your public wallet address. Some of the projects will require users to do basic social tasks like following, liking and commenting on the project on Telegram, Twitter, Facebook or even Linkedin. The most complicated airdrops we have seen over the past year required passing a full KYC procedure, downloading their native wallet, writing articles or even making a video on one’s thoughts about the project.

While it may seem counterintuitive at first, Airdrops have been an effective method to raise awareness and interest of a project; which is the whole point of a pre-ICO campaign.

CoinDreams

CoinDreams is an Android & IOS mobile app that centralises upcoming airdrops, giveaways, bounty campaigns and contests, to earn altcoins and in some cases, Top 10 coins.

CoinDreams App
What does CoinDreams have to offer?

There are plenty of sites which offer the same airdrop-alert type of service, but what makes Coindreams stand out is it’s convenience. The app will link with your favourite social networks and quickly redirect you to different sites to perform the social tasks required. 

The current list of estimated rewards per campaign ranges from $1 to $5000. Although some rewards are pretty high, users should keep in mind that often, the valuation of these tokens has no real market base. 

Additionally users should consider creating new social media accounts to protect their privacy and avoid any link between their wallet addresses and their real identity.

Blockchain.com's Stellar airdrop

[UPDATE: this airdrop has been paused for the moment.] While this has been going on for some time, giving away $125 million in cryptocurrency is probably not as easy as anticipated. By signing in for a Blockchain.com wallet and going though their verification process, you will be automatically credited with $25 in XLM Lumens - not bad at all for just signing up for one of the most established wallet services around. But hurry up - they are almost done with the distribution.

Blockchain.com's huge giveaway
Hurry and claim yours before it ends

When coupled with Coinbase's offer, that makes an incredible free $75 in XLM right now - read on to learn more.

Airdrops.io

There is an abundance of ICO listing sites, newsletters and telegram channels to learn about the latest token Airdrop. Cloudbet’s pick is Airdrops.io as it has one of the largest lists of airdrops, categorized by channel for the tasks. 

Airdrops.io homepage

So. Many. Airdrops

The platform has an exclusive list of airdrops available to registered users and a Holders airdrop section, where top cryptocurrency holders can learn about the airdrops they are eligible for.  

Microtasking

An upgrade to the faucets came through microtasking, which involved more time and effort from the users in order to deliver rewards. On the flip side, rewards can be more flexible, paying more for more demanding tasks and giving some better ROI than faucets.

Stormx

StormX is a micro-tasking mobile app (Android/IOS) that rewards users for signing up for subscriptions (streaming, FinTech and other services), playing mobile games, answering surveys and trying out various apps. Around half of the offers do not require users to spend anything besides a negligible amount of time. For example, watching ads every 30 min will award you 500 bolts, per video.

The mobile game Harvest Land will reward you with 262K bolts for downloading it and reaching level 15; although high-end mobile games usually reward around two million bolts, that is around 0.002 BTC.

StormX app

The app rewards users in “bolts” which can be exchanged for BTC and ETH (exclusively with a Coinbase wallet) or even for STORM (StormX´s currency, currently listed on exchanges like Binance).

Coinbase Earn

UPDATE: Coinbase Earn is now giving away $6 worth of DAI, the US dollar pegged stable coin. While DAI, because of its own design, will never go to the moon, you can either trade it for another cryptocurrency or get interest on it. So, together with EOS, XLM Lumens, and Basic Attention Tokens, there are plenty of ways to pocket some crypto!

An alternative approach to microtasking, Coinbase Earn is actually rewarding its users for learning about the altcoins listed on the exchange. The exchange has partnered up with Stellar, one of the top ten cryptocurrencies, and are offering up to an incredible $50 in XLM Lumens for going through their educational videos and learning more about the project. When coupled with Blockchain.com's offer above, you can get a whooping $75 in Stellar right now - so go get it!

Apart from this new option, they have three other educational giveaways, including BAT and Zcash.

Coinbase Earn: now with DAI
Coinbase Earn: free DAI

In order to receive the rewards, users will need to signup on Coinbase Earn and wait for an email invite to earn these coins. The tasks are pretty simple and consist of watching short videos on the token or coin and answering a simple quiz on the previously played video.

Buzzin

Contrary to StormX, Buzzin offers rewards exclusively on tasks related to new cryptocurrencies and services. There is a wide range of tasks including visiting a website, watching one of their videos, follow/comment on social media or even going through KYC of a particular exchange to vote on a token listing.

Buzzin Homepage
Buzzin' with rewards

Buzzin tasks are rewarded in points that can be exchanged for ETH or the native token of various developing blockchain projects.

Bounties

A type of not-so-micro tasking, but usually without the micro part. On the one end, someone will put a bounty against a task that they would like delivered. On the other end, bounty hunters can compete to collect the task’s pay. Some tasks are professional-like, but some others are merely to give opinions, make memes, and other small-time stuff.

Gitcoin and Bounties Network

For those with a more technical background, Gitcoin offers some pretty decent crypto pay for development work, with some design gigs popping up as well, although not as often as crushing bugs on code.

Gitcoin bounties
Gitcoin open bounties

For more of the non-technical stuff, the Bounties Network offer a wide range of high-value rewards for finding bugs and contributing to developing blockchain projects also on the marketing, design, content and opinion sides. Currently the tasks go from a few cents worth of altcoins up to a whooping $1,000 in DAI. The more complex the issue, the bigger the reward.  

Spending fiat money & crypto cashback

Hey - this one’s pretty easy. I can do that!

Crypto.com (cashback & rebate on Airbnb & Expedia)

Crypto.com's Universal Wallet
Crypto.com presents the wallet & card app that you've always wanted

Considered as one of the most ambitious upcoming projects, this mobile multi wallet and payment app includes bank transfers, Crypto Tracking features, upcoming collateralised credit loans and an automated investment tool

Additionally, by purchasing and locking / staking a determinate amount of their native currency - the MCO token (0.6 USD on May 2017 ICO, currently 3.42 USD) - for 6 months, users will receive different types of MCO VISA cards (the cheapest one being completely free).

Crypto.com rewards
The MCO token perks 

Crypto.com offers 1% to 5% cashback (paid on MCO), on ALL spending, free international withdrawals, 100% cashback on Spotify & Netflix subscriptions, 10% cashback on Airbnb and Expedia, and also 10-25% referral rewards.

Even though the app is already live and the MCO token price increased significantly instead of losing 90% of its value, like so many ICO tokens, the bad news is that the MCO Visa cards will be available “soon”, and are not currently available in the US or in Europe yet.

Wirex

Wirex offers a debit card that provides cashback on purchases, but not quite like credit cards. For 1 Euro/month (or 1 Pound/month for UK customers), Wirex provides a debit card with a 0.5% cryptoback (cash back in BTC) without any hidden fees. Plus, you can buy the top cryptocurrencies directly using your fiat account through the Wirex app.

The Wirex App
Wirex App

Purse.io

Purse.io is the frictionless link between Amazon gift card owners “Earners” looking to cash out on their gift cards, and BTC & BCH holders “shoppers” looking to buy on Amazon at a discounted price.

Shoppers are able to upload their Amazon wishlist, browse through a selection of items and select from a 5% discount for the optimal delivery time or over 15% if they are not in a rush.  

Meanwhile, Earners can browse through a list of shoppers requests that include the country, total basket price, discount requested and the amount of bitcoin to be rewarded. Once Earners make the purchase, the basket gets delivered to Purse.io and they handle the additional delivery from their warehouse to the Shopper.  

Best Bitcoin Gambling Site

Finally, a great way to earn and grow your crypto stash is by gambling. Cloudbet offers both a Casino and Sportsbook with unmatched options that cater for all players. 

A big win can forever change a life. A single spin on a slot or at the roulette table, or that one card being drawn at just the right moment can lead to a new house, quality time with the family or even early retirement.

We have had our fair share of Casino Winners who weren’t necessarily high rollers. At our bitcoin slots, a lucky player walked away after a 216 BTC winning streak, with 160 BTC in a single spin!

In every round, on Cloudbet’s Lightning Roulette, one number is randomly struck by lightning, and that number’s payouts receive a multiplier that ranges from 50x to 500x. One electrifying event led a extremely lucky player to get his wagger multiplied by almost 500x, getting an incredible 49.22 BTC from a single spin of the roulette.

So there you go - a plethora of ways to earn cryptocurrencies. After earning some, come join Cloudbet and multiply your earnings even more with the lowest minimum bets in the industry!


Cloudbet is one of the first bitcoin sportsbook and casino operators in the crypto space. We have hundreds of bitcoin slots and dozens of table games to play, with free play options to try before you buy in our bitcoin casino. You can also read more on betting strategies, bitcoin 101, and in-depth crypto stories here in the Cloudbet Blog.

About the Author
Cloudbet

Cloudbet

Cloudbet

Posted on 2019-08-01

Cloudbet has a team of contributors that produce high quality content across a range of subjects related to betting and crypto.

Related Articles

Free Crypto: The Best Sites To Earn Crypto | August 2019

Bitcoin 101

Free Crypto: The Best Sites To Earn Crypto | August 2019

The Truth Behind Bitcoin’s Energy Consumption

Bitcoin 101

The Truth Behind Bitcoin’s Energy Consumption

Bitcoin Price Update July 2019 | Over $10,000

Bitcoin 101

Bitcoin Price Update July 2019 | Over $10,000