Everyone has heard of Bitcoin, and maybe everyone has the desire to own at least one. Of course, buying a Bitcoin or any other cryptocurrency seems like a risky investment that not everyone can afford at the moment.
Here is an interesting fact - it is possible to own Bitcoin, without spending a dime, and even without doing real work.
Keep in mind, that doesn’t mean you’ll earn much Bitcoin, as it is hard to create and find. Otherwise, it wouldn’t be so valuable.
However, there are some free ways to earn some Bitcoin, requiring very little sacrifice. Let’s see:
The Bitcoin Company App
This App offers Bitcoin cash back rewards for online shopping. This means that for every purchase with Visa or Gift card, users receive extra Bitcoin.
You can pay with credit, debit or Bitcoin, and stack up to 25% in Bitcoin cash-back.
Also, there is a referral program, and you will receive 1000 sats for every friend you refer to using the application.
Fold app
Similar to the Bitcoin Company App, Fold App lets its users earn up to 20% back on gift card purchases.
With the Fold App, all you need to do is spin the daily wheel to earn some free Bitcoin.
You can play once per day, to win Bitcoin, interesting deals or any other rewards. You can also use the Fold Cars, which is a bitcoin rewards Visa debit card. With every simple transaction, you can earn 1% back in Bitcoin.
Earn Carrot
Earn Carrot is another interesting way to win some free Bitcoin, just by reading articles about the cryptocurrency. Different brands promoting content can compensate their audience with a Bitcoin payout. There are also rewards for completing surveys, viewing streams, etc.
Referral codes
There are also so many Bitcoin-centered apps, offering free Bitcoin for first-timers.
An example of such an app is Strike. It offers $10 upon sign up for new users and referrals. This reward can be instantly converted to Bitcoin.
Staking
As we know, Bitcoin uses a proof of work mechanism, so it can’t be staked to secure the network. Of course, you can take advantage of other cryptocurrencies that use proof of stake.
Ethereum is an example of such cryptocurrency. It transitions to proof of stake and its users will be able to become validators by staking a minimum of 32 ETH. Once you’re done staking, you can trade back into Bitcoin
Cloud mining
There is a unique and innovative way to profit from proof of work protocol, and you don’t have to be a miner.
Big mining companies now offer cloud mining, which means you can rent out servers and mining rings and profit from it. Well, technically, this isn’t a free method, as it costs some money to rent a miner, but you can make some net profit from it.
Interest accounts
There are some companies offering Bitcoiners the chance to earn a yield on their Bitcoin, by depositing it into an interest-bearing account.
You must know that depositing Bitcoin with such services comes with a risk. To generate yield, the services lend out your coins to other providers or trade them, and there is also a risk of poor trading decisions.
Trading is another great way to earn more and more. Cryptoarbi is an automated arbitrage platform. All you need to do is choose a subscription plan, and we will do the work for you!