Strategies for Crypto Enthusiasts to Earn Free Bitcoin

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Strategies for Crypto Enthusiasts to Earn Free Bitcoin

If you do not want to keep buying BTC to grow your investment, there are several ways to earn free Bitcoin. Some are passive investments while others require you to work. However, the truth of the matter is that all strategies require a time investment to yield good returns.

If you are up to the task, consider taking up one or more of the options discussed here.

Earn Free Bitcoin Through Trading

Crypto trading is a traditional way of earning more digital assets. The investors start by buying Bitcoin at a lower price and later sell it at a higher price. Various platforms with relevant tools make it possible to trade Bitcoin.

For instance, you will earn a lot of free Bitcoin when you have a tool to monitor real Bitcoin prices across multiple platforms. This enables you to know where BTC is sold affordably and where it is sold at a higher price.

Get Free Bitcoin by Mining

What is BTC mining? With relevant software and a powerful computer, you can mine free Bitcoin with ease. It involves solving mathematical challenges required to approve transactions on the blockchain. At least, using an app or software to help you mine in a mining pool does not require a lot of initial income like doing it alone. The latter requires a large amount of capital to set up the supercomputers and mining software.

Earn Through a Bitcoin Savings Account

Probably, you have heard about HODLing. But for those who haven’t, this lets you earn Bitcoin interest through a crypto savings account. If you HODL with YouHodler, you will earn an interest rate of up to 12% APY.

Furthermore, the platform lets you withdraw your Bitcoin earn interest weekly in any crypto or fiat currency. Lastly, it is worth noting that YouHodler and other reliable crypto savings accounts store your assets in a Bitcoin interest wallet, but investors can access these finances any time they want.

Try Bitcoin Lending

It is possible to make money lending Bitcoin. You can do this with individuals or with a platform that has liquidity pools. So, how do investors earn free Bitcoin through this lucrative opportunity? Once you lend Bitcoin, the borrowers repay it with BTC interest, which is your profit.

If there is a third-party broker involved, you and the broker will share the BTC interest at an agreed upon ratio. Bitcoin lending has become very popular these days especially because the crypto ecosystem is growing at a high rate.

Participate in a Bitcoin Faucet

Bitcoin faucet involves rewarding users with small amounts of BTC at random. If you are a user of BTC, you could participate to earn free Bitcoin even though it is a small amount. According to the pioneers of the crypto, they reward a one-millionth unit of a BTC for doing simple tasks such as checking links and solving captchas. Any user can participate at any time if they know the websites that award these gifts.

Get Rewarded for Shopping

Shopping reward companies work together with web shops to reward certain shoppers. BTC is one of the rewards you get especially if you pay for your shopping with crypto in the first place. Hence, shoppers earn free Bitcoin every day as they shop for specific items online such as vehicles, clothes, jewelry, and household goods among others. This is a win-win situation because the rewarding companies encourage shoppers to shop more.

Participate in Bitcoin Airdrops

One of the latest strategies to promote a crypto coin is by sending random coins to users with their addresses. This enables them to get free Bitcoin while those involved in sending also get a fraction of the shared BTC. This is called BTC airdropping.

Although it is common with newer coins, Bitcoin has made it a habit to use airdropping to further build its reputation. So, it is easy to find sites that make it possible for users to participate in thousands of airdropping projects every year.

Play Mobile Games to Earn Bitcoins

If you are still wondering how to make free Bitcoin, playing mobile games on specific websites can give you this opportunity. It is a rewarding system for testing games, making gaming websites popular, and even competing in online gaming competitions.

You need to check for websites that pay with BTC for playing games and then dedicate some time to participate every day. According to top gamers, some websites pay so well that you can make this a regular source of income.

Write for Bitcoin Websites

You can earn free Bitcoin by writing informative articles, reviewing BTC, and participating in other related projects for Bitcoin websites. These could be exchanges, crypto review websites, or any other.

Surprisingly, all crypto websites need content constantly, and if you are a good writer, you are likely to get a lot of writing gigs that pay well. Many people have made it a full-time job especially when there is a reliable source of writing projects.

With the above options, you now know how to make free Bitcoin, which will go a long way towards growing your digital assets.