Free bitcoin: the best sites to earn crypto | May 2019

Updated on 03/05/19

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

Celsius Network
Grow your balance with Celsius

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.

Crypto Cashback

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.

Bitcoin Faucets

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

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?

Crypto Mining

Honeyminer

Honeyminer aims to be the easiest way to mine cryptocurrencies for anyone with a computer. The Honeyminer platform allows its users to take advantage of their unused computational power by mining different cryptocurrencies and getting rewarded for it in Bitcoin.

Honeyminer Mining Platform
Earn with Honeyminer

The process is fairly easy, users download the Honey Miner program, set up an account with their email address and you are ready to mine.

The profitability of the mining will depend on the performance of the computer and the amount of time the program is allowed to mine.

Turning the mining function on and off is as easy as clicking a single button. While mining, 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.

Honeyminer’s program is available on Windows and will soon be available on Mac. The company also features a mobile app which allows users to monitor the mining of the computer or computers remotely.

Like any other investment in the Crypto-scene, you should be looking at it with a long term perspective: the platform’s current withdrawal fee is 0.00037500 BTC while the minimum transaction size is 0.00002500 BTC.

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


Updated on 28/03/19

Stellar, the 10th biggest cryptocurrency by market cap, is investing big-time in educating and expanding the whole crypto ecosystem. In ground-breaking partnerships with two of the heaviest hitters in the industry - Blockchain.com and Coinbase - they aim to bring crypto to the masses. Read on for the specifics on how to get some free money.

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, or to grow your crypto holdings. 

Back in the old days of cryptocurrency, one could earn bitcoin easy by watching ads or simply clicking on a button every determined amount of time. As a matter of fact, multiple crypto evangelists/influencers got their first bitcoin or a decent fraction of it that way. These pioneers were called bitcoin faucets, and even though most of the early ones are no longer active, nowadays there are many new ways to easily earn cryptocurrency

We have scoured the web for opportunities for you to 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 amounts. So, without further ado, here are the top ways to earn free crypto, divided by category.

What are Faucets?

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.

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.    

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What are 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.

Blockchain.com's Stellar airdrop

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.

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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. 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.  

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Airdrops.io homepage
So. Many. Airdrops

What is 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).

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Coinbase Earn

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 platform
Earn: now with Stellar


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.

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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.

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What are 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.  

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Spending fiat money

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

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

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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.  

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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.

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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 2019-05-03

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

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