Bitcoin 101

Free Crypto: The Best Sites To Earn Crypto | May 2020

With the bitcoin halving just completed, there couldn't be a better time to learn how to earn free crypto, so we've updated our guide to include the latest tips and suggestions to help you earn crypto for free.

Here is a summary of the best ways to earn free crypto in 2020, with full detail in the article below:

  • Coinbase Earn - Watch videos, answer questions & earn free crypto
  • Microtasking - Earn crypto in return for doing small tasks on platforms like StormX
  • Passive Interest & Cashback - Get interest on your coins or crypto cashback on purchases
  • Bitcoin Trading - Earn free crypto by trading cryptocurrencies
  • Gambling Affiliate - Becoming a Cloudbet affiliate can create a great crypto income
  • Airdrops & Faucets - Sign up for these airdrops or faucet sites.

Euro 2020 and Summer Olympics may have both been cancelled due to the COVID-19 pandemic, but an even more important even that only happens every four years did go ahead in May.

It's called the bitcoin halving and it is anticipated to have a huge potential impact on the price of BTC so now more than ever is a crucial time to start earning some free crypto. This article will explain how.

We won't get heavily into why the halving is significant, but the key thing to understand is that the number of bitcoins that get added to the existing supply every 10 minutes as a reward for miners validating transactions halved from 12.5 to 6.25 in May (find out more on the halving from this article). The ratio of new supply to existing supply is called Stock-to-flow and a lot of crypto analysts see increasing Stock-to-flow going hand-in-hand with increasing Store of Value - in other hands going up in price.

If stock-to-flow and the halving have whet your appetite to build your own stack then work your way through our in-depth guide of the best ways to earn crypto in 2020.

Coinbase Earn - Free Crypto for watching videos

Coinbase's mission is to create an open financial system, where anyone can participate on equal terms, which they aim to achieve by providing the means to buy, sell and exchange popular cryptocurrencies. They realise that crypto can appear complex, so in order to make it easier to understand, and provide incentives for people to learn they have partnered with some of the most prominent blockchain projects to create Coinbase Earn.

What is Coinbase Earn?

Coinbase Earn is a simple way for verified Coinbase users to earn free crypto from popular blockchain projects by watching short and simple explanatory videos and then answer a multiple choice question. Get the question right and you receive crypto straight to your Coinbase account. Read about it here in their own words.

The emphasis is on education so there is no penalty for getting the question wrong. You can watch the videos as many times as you want, and try a different answer if you initially get it wrong.

What free crypto is on offer as of May 2020

As of May, 2020 Coinbase Earn is offering $158 worth of the following cryptocurrencies just for watching 2 minute long educational videos and then answering very simple questions. But please be aware that headline figure includes the potential earnings from referring other users to sign up with Coinbase Earn. For each referral you get $10 up to the maximum amount stated.

Project / Coin $ Value available for answering questions $ Value from referrals
Orchid / OXT $12 $40
EOS / EOS$10$40
Stellar Lumens / XLM$10$40

Tezos / XTZ

Basic Attention Token / BATFully claimedNA
DAI / DAIFully claimedNA
Zcash / ZECFully claimedNA
Ox / ZRXFully claimedNA

In order to earn the free crypto on offer at Coinbase here's what you need to do:

Please be aware that Coinbase does apply certain country restrictions, and that you may be put on a waiting list to start a course on a particular coin. If that happens just wait for the invite to earn these coins (the invite can be immediate or take a bit more time depending on the country).

Once you answer the questions the coins are added immediately to your wallet, so you can hold or exchange for other coins like Bitcoin, and potentially send to one of the interest-earning services listed below.

Sign up here for the latest Coinbase Earn offer

Earn Free Crypto: Micro tasking

If you want to get your foot on the first rung of crypto ladder then micro tasking is a great place to start. As its name suggests you earn crypto in return for performing small tasks. Some may simply be designed to educate you regarding a particular new cryptocurrency or service and incentivise you to spread the word. Others maybe slightly more demanding and involve you completing a variety of small, relatively mundane tasks in return for a bit of crypto - think back to the chores you did as a child in return for pocket-money and you'll get the picture.


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 while trying out mobile games/apps can get you a reward of 200K to 2M bolts.

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).


Contrary to StormX, Buzzin offers rewards exclusively on tasks related to new cryptocurrencies and services. There is a wide range of tasks including visiting websites, 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 tasks are rewarded in points that can be exchanged for ETH or the native token of various developing blockchain projects.

Kucoin Play

Kucoin Play is a micro tasking platform purely focused on social tasks to promote the various tokens being traded at the exchange. Users get points for every task they perform, all the way from logging onto social platforms and sharing content, to creating videos or writing articles about the sponsored coin of the campaign. They can also earn points by playing skill based mini-games on the platform, as well as entering a points lottery.

Kucoin Play points are used to rank users on a leaderboard, so they can get rewarded accordingly: users have to be on the top 470 to earn part of the latest Energi campaign rewards while they have to be on the top 10 to earn coins from the skill based games.

Earn Free Crypto: Passive Interest & Cashback on purchases

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 (as is the case with Stellar XLM) or through another currency (as is the case with NEO and GAS).

Crypto lending providers loan crypto or fiat to institutional clients and consumers for various purposes. In the case of consumer loans, there are no credit checks nor inquiries on the use of the amount lent; instead, the borrowers of these services need to collateralise their loans with crypto assets - put up some crypto against which to borrow. There is always the risk of borrowers not paying back their loans; this is why they are required to collateralise their loans with 50% to 80% of the value in crypto assets. If the price of the asset were to drop below a determinate price level, they get the option of increasing the collateral with another deposit or simply paying off the loan. are on a mission to accelerate the world's transition to cryptocurrency and so they are aggressive with customer incentives. A good way to start earning free crypto is via their Debit Card cash-back scheme. have created their own coin called MCO, which can earn in the form of cash-back on your regular purchases. cards are debit cards linked to the app wallet that grant 1% to 5% cashback (paid in MCO) on all spending, free international withdrawals, 100% cashback on Spotify & Netflix subscriptions, and even 10% cashback on Airbnb and Expedia, depending on the card ordered.

The level of interest depends on the amount of MCO tokens you are willing to stake i.e purchase and hold for 6months.

The cards are currently available in the US, Singapore Europe; Asia Pacific and Canada are next on their roadmap. Follow the latest announcements on their blog.

Remember you can upgrade your Crypto earn interest up to 8% p.a. on BTC, ETH, LTC, XRP, BNB, LINK, BAT, MKR, up to 12% p.a. on PAX, TUSD, USDC, DAI, USDT and up to 18% p.a on CRO & MCO. Free Crypto Offer

Signup for a card and you can earn cashback on purchases paid in MCO tokens, native to

The MCO tokens will be held until you deposit & stake MCO (starting at 50 MCO approx. $200 but going up to 50,000) which is required to sign up for the card and double the crypto interest earned on deposits.

However, after six months you can sell that MCO, which with potential accrual could return a tidy profit. You'll then continue to earn crypto cash-back from continued use of your card.

Aside from unlocking the sign up reward and the 2% cash-back debit card, staking 50 MCO will double the interest earned through Crypto Earn, the passive crypto interest program of the platform and you get cashback on a standard Spotify subscription.

There are currently three investment plans that users all over the world can benefit from: a flexible plan of up to 2% p.a. that allows users to withdraw at any time, a one month and three month lock up plan of 4% and 6% respectively, in which users won’t be able to withdraw until the time is up.

Upgrading the stake to 500 MCO for the Indigo or Jade cards will yield a 6% p.a. on the staked MCO amount, 3% cashback and an additional 2% bonus interest on top of the standard interest earned on Crypto Earn staked coins.

Sign up for a card

Celsius Network

The Celsius Network is focused on providing financial freedom through Crypto banking. For anyone looking to build their stack Celsius is a great way to earn interest on existing coins as well as getting a nice little sweetener for opening an account and referring other users.

Free Crypto Offer

Claim a Sign Up Bonus worth $10 worth of BTC on deposits over $1,000 worth of crypto; an additional $10 of BTC awarded for keeping the deposited amount for over 3 months.

You'll then earn interest on your coins of up to 10% - which is ten times better than your bank will be give you on your FIAT savings. You can also earn CEL tokens, the native currency of the platform, which now generate 3% interest p.a.

The interest is calculated daily, paid every Monday and available for withdrawal at any point in time. The interest is paid on the same currency deposited or in CEL which will earn you and additional 10% on the earnings or up to 30% on the base interest earned by having 10% of your portfolio in CEL.

Sign up for Celsius here.


Binance, one of the leading crypto-to-crypto exchanges recently opened a biweekly (14 days) lending program where you can earn 7% p.a. on ETC, 10% p.a. on USDT and 15% p.a. interest on BNB. The offer is quite limited compared to other crypto lending providers in terms of coins and the availability of these interest plans: the plans are available for users on a first come, first serve basis, which leaves the large majority of its users with no chance of participating.

Binance also offers coin staking which generates a monthly paid, annual interest of 1% to 3% for XLM, KMD, ALGO, or native tokens of the same blockchain in the case of NEO/GAS, ONT/ONG, VET/VTHO, TRX/BTT.

Free Crypto Offer

Claim a sign up bonus worth 5% of your trading fees back by signing up here.

Claim your Binance Sign Up Bonus here


Nexo is another crypto lending provider that offers BTC, ETH, BNB, XRP, NEXO and LTC collateralised loans. Unlike its competitors, the platform pays interest to lenders of EUR, USD, GBP and USD-pegged stable coins, while the other cryptocurrencies can only be used as collateral. Nexo’s compounded annual interest on stable coins is currently at 8% while they also offer interest on crypto assets

Sign up & earn interest at Nexo here


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.

*Staking coins on Binance and KuCoin doesn’t involve any 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.

Sign up & earn interest at KuCoin here


BlockFi is a crypto lending and borrowing platform backed by renowned partners such as Coinbase Ventures, Galaxy Digital, CMT Digital and Consensys. The collateralised loans, with a Loan to Value of 50% (borrow 3000 USD, deposit 6000 USD worth of BTC or ETH) generates a very generous 8.6% annual compounded interest, paid on a monthly basis.

Users can choose to earn interest in different currencies. Any interest account of BTC, ETH or GUSD can yield interest in one of these 3 coins. Example: Deposit BTC and Earn interest in USD or ETH.

Free Crypto Offer

Earn 10% of the interest earned by your referrals in crypto.

Sign up with Blockfi & earn interest from referrals

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Wirex offers a fiat 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 and freely transfer the top cryptocurrencies directly using your fiat account through the Wirex app.

Sign up with Wirex to earn cashback in BTC


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 has the first truly global crypto card, so users can cash out and 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.

What Free Crypto is on offer?

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.

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.

Sign up & Share in Crypterium's Loyalty Program

Earn Free Crypto: OTC bitcoin trading

Buying a selling bitcoin is a great way to increase its adoption, strengthen the network and make a profit with every transaction you make. Whether for privacy concerns or obstacles to access major exchanges, there is always demand for bitcoin on the OTC market (Over-the-counter or Off-exchanges) all around the world. Anybody can become a trader on the OTC market to buy/sell bitcoin with a margin over the market price. All it takes is a few hundred dollars of capital and opening an account in a platform that ensures the safety of the transaction:


Localbitcoins is probably the most famous site that puts buyers and sellers in contact for peer-to-peer online trades. Users can navigate through the site to find the most competitive listings and exchange bitcoin for fiat without having worry as funds are held in escrow by Localbitcoins.

The platform, which was initially known for facilitating peer-to-peer trades in person, has suspended this service and now focuses only on facilitating peer-to-peer online transactions, for which it takes a 1% commission of the total amount traded.

Earn Free Crypto: Become a Cloudbet Affiliate

By now you probably have realised that most of the crypto related services use referral programs to acquire new customers. Whether you are very active on Telegram, Reddit & Bitcointalk, manage your own blog, buy & sell Bitcoin OTC or simply have a big group of friends; there are plenty of affiliate programs for you to benefit from.

Almost all the companies we have posted on this article have their own referral programs but not all of them are made equal. In most cases there will be a fixed reward (between $1 to 100$) for having someone signup and deposit/buy/trade through your link. The real money in affiliate programs is made on commission based referrals without expiration dates and we have the perfect program for you to retire with bitcoin.

Cloudbet’s Affiliate program: 30% Revenue for Life

Anyone can sign up on Cloudbet’s affiliate site and earn an uncapped 30% of the revenue from referred players, for the entire lifetime of the referred account. All you have to do is sign up with your email (No KYC required), refer a minimum of 5 new players that make a deposit, sit back and enjoy your well deserved BTC earnings.

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Earn Free Crypto: Prediction Markets

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 valuable data for market research or for their machine learning algorithms, benefiting from the wisdom of the crowd to more accurately predict social sentiment and important support and resistance levels.


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. 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.

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.

Insight Network & Instar Wallet

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, 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.

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Earn Free Crypto: Crypto 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?


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 an extremely lucky player to get his wagger multiplied by almost 500x, getting an incredible 49.22 BTC from a single spin of the roulette.

Vibe or Die

Vibe or Die is a multiplayer 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.

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 nor 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 regenerate 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.


Pooltogether is a blockchain powered lottery in which it is impossible to lose. Players lock their DAI tokens through a smart contract into a pool that generates interest for 7 days. When the time is up, every player gets his deposit back and one lucky winner gets all the interest the pool generated. The lottery pool opens every 7 days , and requires a minimum of 1 DAI (equivalent to 1 USD) to enter.

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Airdrops and 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.

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.

Learn more about faucets on the Cloudbet blog:


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.


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.

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 the valuation of these tokens is often completely disconnected from reality.

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.'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 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.

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

So. Many. Airdrops

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


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.

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. 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 and they handle the additional delivery from their warehouse to the Shopper.


Coil is a paid content platform that rewards content creators for the time subscribers spend watching and / or reading their content. Its key difference compared to other platforms is that the rewards are transferred instantly as opposed as every week or month.

Anybody can become a content creator on the platform without having to pay any fees or subscriptions. Simply sign up and start creating.


Cryptojobslist features the latest physical and remote blockchain related jobs from marketing and community management to business and blockchain development. Some of the positions are paid purely through tokens.

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!

Grow Your Stack at Cloudbet

The Cloudbet blog is focused on sharing ways to grow your stack. Bitcoin faucets are a real opportunity to accumulate crypto, albeit requiring your time and attention in return. Once you get a foot on the first rung, you can really boost your portfolio by moving from accumulation to speculation, and depositing your coins at Cloudbet. You an even use a credit or debit card to get started:

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