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Free bitcoin: the best ways to earn crypto

Back in the old days of cryptocurrency, one could earn bitcoin 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 were called...

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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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.

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

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. Currently, there are 3 sets of tasks for ZRX, BAT and Zcash.  

Coinbase Earn platform


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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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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Bitcoin gambling

A big casino 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!


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 strategiesbitcoin 101, and in-depth crypto stories here in the Cloudbet blog

Au sujet de l'auteur

Cloudbet

Cloudbet

Publié le 2019-07-05

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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