⚡️⚡️⚡️
With energy prices rising, switch to a cheaper plan
💡
Compare Prices Now
⚡️⚡️⚡️

10 ways to get free Bitcoin

Here are 10 legitimate ways you can earn free Bitcoin or get a bonus from your trading.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Top bonus and free Bitcoin offers for June 2022

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

How can I get free Bitcoin?

Getting free Bitcoin isn't hard - you just need to know where to look. Exchanges and platforms are competing for your custom, so there are plenty of sign-up offers and trading bonuses, refer-a-friend deals and more. We've done the hard work and listed some key ones in this guide. These are all legitimate ways to get free Bitcoin, and Finder experts have tested them.

10 ways to get free Bitcoin in Australia

  1. Sign up to an exchange with a free Bitcoin offer or bonus
  2. Refer a friend
  3. Earn a return on Bitcoin you already own
  4. Play free games
  5. Get Bitcoin cashback on your shopping
  6. Use a browser extension
  7. Take advantage of airdrops
  8. Perform micro tasks
  9. Learn to earn
  10. Mining

1. Catch sign-up promotions and competitions

An easy way to get free Bitcoin is by capitalising on promotions and bonuses that offer free Bitcoin in exchange for your signing up to a platform. Many popular crypto exchanges offer a simple, lump-sum sign-up bonus to new users, while others offer a sweepstake that's open to all new users – just expect small print.

Check out our pick of current welcome bonuses, refer-a-friend deals and sweepstakes above.

Swyftx Cryptocurrency Exchange

Finder exclusive: Get $20 BTC

Sign up and verify your account for $20 BTC. T&Cs apply.

Digital Surge Cryptocurrency Exchange

Finder exclusive: Get $10 BTC
Finder Award

Sign up and verify your account for $10 BTC. T&Cs apply.

Cointree Cryptocurrency Exchange

Finder exclusive: Get $10 BTC

Sign up and verify your account for $10 BTC. T&Cs apply.

Okcoin Cryptocurrency Exchange

Get US$50 of BTC

Create an account and buy US$3,000+ in crypto. T&Cs apply.

2. Refer a friend

If you don't want to sign up for a new exchange to tap into those sign-up bonuses, then another option might be to recommend your exchange to a friend. CoinSpot and OKX are currently both offering tasty bonuses of Bitcoin if you successfully refer someone – and the best part is that you both get the reward.

CoinSpot Cryptocurrency Exchange

Earn $10 BTC for each referral

Referrals must verify their account and make an AUD deposit. You'll receive $10 BTC as well. T&Cs apply.

OKX Cryptocurrency Exchange

Get US$10 BTC for you & a friend

Your friend will need to purchase US$100 or more in crypto in their first order. T&Cs apply.

3. Earn a return on Bitcoin you already own

Are you already holding Bitcoin within a crypto portfolio? Like their counterparts in traditional savings, some crypto products allow you to generate a yield from assets such as Bitcoin. If you already have some Bitcoin as part of your crypto holdings, then it's worth checking to see if your exchange offers a way to earn an annual percentage yield (APY) on your digital assets.

Yield generating products typically include on-chain staking, for Proof-of-Stake blockchains and lending products where digital assets are lent to third parties to generate a return on investment. As Bitcoin is associated with a Proof-of-Work blockchain, lending or "off-chain staking" is one of the more common options available.

It's important to remember that crypto is not regulated and there's no consumer protection – crypto stored or lent to cryptocurrency platforms is not covered by the Financial Services Compensation Scheme, which covers savings in a bank account (up to $250,000). While most exchanges implement leading security measures and sometimes offer their own insurance, there's no guarantee that your funds will be returned in the event of a hack or the platform going bust.

How to earn BTC

4. Play free games

A fun way to earn Bitcoin is to participate in a game that offers BTC as an in-game reward. Better known as GameFi - the combination of gaming and finance - this new generation of games integrate play-to-earn (P2E) mechanisms that allow players to earn rewards simply for participating. While some games incorporate native cryptocurrency tokens, there are others that offer BTC rewards.

The rewards offered by playing free games are small. While the game is fun, you'll likely need a significant amount of game time to amass a decent amount.

Play one of the following games to earn small amounts of Bitcoin for free:

Coin Hunt World

Coin Hunt World is a mobile game available on both iOS and Android. It's a geo-location game that has taken inspiration from games such as Pokemon Go; players must walk around the real world looking for blue keys. Blue keys are then used to open blue vaults which contain a trivia question. If a player answers the trivia question correctly in the set time, they are rewarded with either Bitcoin or Ethereum.

Wheel of Trivia and Wheel of Crypto

Thanks to a collaboration between fintech company, Zebedee, and game creator, Viker, Wheel of Trivia and Wheel of Crypto now offer BTC rewards as part of the prizes for playing the game.

Both are trivia-based games that test players' knowledge of popular quiz questions. Players must spin the wheel and answer the associated trivia questions correctly to unlock in-game items and earn BTC for free.

Balls King

Another creation from Viker games, Balls King, also lets users earn Bitcoin rewards for free. However, unlike Wheel of Trivia and Wheel of Crypto which were trivia-based, Balls King is a brick-breaking game designed for the play-to-earn generation. Players must break bricks in a Tetris-style interface to progress and unlock more rewards.

5. Get Bitcoin cashback on your shopping

There are now several browser extensions and web browsers that allow you to earn Bitcoin rewards when you complete everyday tasks online. Shopping with partner retailers can help bolster your Bitcoin holdings over time.

CoinCorner's Bitcoin cashback

Isle of Man based-exchange, CoinCorner, launched its "Bitcoin cashback" back in 2020. There are two ways that you can earn yourself some free Bitcoin using CoinCorner. Either browse its directory for online retailers and shop as normal or download its Bitcoin cashback extension to receive a pop-up when you are on a partner retailer site to notify you of Bitcoin cashback offers. Partner retailers are mostly European, and include B&Q, Schuh, Boots and Currys PC World.

CoinCorner browser extension

Lolli browser extension

Focused on bringing Bitcoin rewards to the consumer, Lolli is a website and browser extension that allows shoppers to earn BTC rewards when making purchases online. Users can download the browser extension, shop online as normal, and earn rewards.

Through partnerships that the Lolli team have created with stores worldwide, the company receives a percentage from each sale which is then redistributed in the form of Bitcoin to users of Lolli. Although Lolli is currently available only in the US, there is an international waitlist for other countries.

Lolli browser extension

6. Use a browser extension

You can earn free Bitcoin by simply using an internet browser or installing an extension.

Brave browser

Brave browser is a free and private browser that rewards you for choosing to view ads. When you download it, you'll be asked if you want to enroll in Brave Rewards. If you say yes, you'll be shown only high-quality ads and get rewarded with Basic Attention Tokens (BAT) which you can use for just about anything, from frequent flyer miles to purchasing NFTs. BAT can also be converted to Bitcoin through sites like LetsExchange.

Brave browser

7. Take advantage of airdrops

An airdrop is when a crypto platform gives away tokens for free. Yes, this really happens, particularly when a platform wants to grow its user base or a developer wants to gain a following for a new cryptocurrency. In order to collect on this free crypto giveaway, you'll need to have your own private wallet (not a wallet on an exchange) that is associated with the blockchain of the crypto being given away. You can follow some of the latest airdrops at airdrops.io/.

Warning: beware of scams

Airdrops are usually a part of initial coin offerings (ICOs), many of which turn out to be scams. Make sure you do your due diligence in researching which ICOs you want to take part in. While it can be exciting to get in on a new cryptocurrency from its beginning, if it doesn't take off, an airdrop can leave you with a useless cryptocurrency that has no value.

8. Perform micro tasks

Performing micro-tasks on sites called "crypto faucets" can earn you very small amounts of free Bitcoin. Tasks can include things like taking surveys, clicking on ads, playing games, or watching videos.

If you have a lot of free time on your hands and this idea interests you, one popular crypto faucet worth checking out is Cointiply. According to Cointiply's website, over $7 million has been paid in Bitcoin rewards since the platform launched. Through the platform, users can participate in surveys, play games, sample new products and businesses and, in return, earn points. These points can then be converted into BTC, LTC, DASH or DOGE, depending on a user's preference. The minimum withdrawal limit on the application is equivalent to $3.

It is important to be aware that while these sites offer a completely free way to earn BTC, they are also prime for scammers that will not release promised Bitcoin funds. Depending on the platform, it can also take a very long time to earn a redeemable amount of BTC.

9. Learn to earn

OK, so the rewards might be a little limited with this one, but sites such as Cake DeFi and exchanges like Coinbase, for example, are willing to dole out crypto rewards when you complete their online training. Easy! In some cases the rewards aren't in Bitcoin, but if Bitcoin's what you're after, you'll be able to trade your earnings for Bitcoin in the exchange.

We tried out Cake DeFi, which offers $5 in BTC-DFI if you complete a simple quiz about Bitcoin and then create an account. The reward is locked up in Cake DeFi's "Freezer" for 1 month before you can access it, with the aim of generating yield.

10. Mining

While not technically a free way to earn Bitcoin, once up and running, mining can provide a stable way to earn extra BTC to boost a portfolio. But how does the process work?

The Bitcoin blockchain runs thanks to a decentralised network of individuals and companies that are all around the world. These entities, better known as miners, race to solve a complex mathematical problem that allows them to add the next set of Bitcoin transactions to the blockchain. The miner that finds a solution to the problem and proves that a certain amount of computational work has been achieved gets to add the next block. In return for adding a new block, the miner is rewarded with a BTC block reward.

Unfortunately, not every computer can mine Bitcoin, which means the process is often not profitable for individuals. To compete, specific hardware is usually required and that hardware must then be powered by significant amounts of electricity. As a result, the initial upfront costs of mining are high. Although mining itself is stable, the profitability of the venture is highly dependent on the price of Bitcoin. For the average investor, it is usually more economical to buy and hold Bitcoin directly.

How Bitcoin mining works

Want to learn more?

There are now a huge variety of methods that investors can utilise to access free Bitcoin. While the returns from each method vary considerably, the high optionality should mean that there is a method to suit every experience level.

Whether collecting free BTC rewards from a play-to-earn game or earning BTC through a cryptocurrency exchange signup bonus, make sure to thoroughly research the option and understand exactly what is required. Make sure each platform you interact with is safe and that Bitcoin funds are kept secure at all times.

Want to know how you can get more free crypto besides Bitcoin? Check out our guide to free crypto here. You can also check out our cryptocurrency hub to learn more about how cryptocurrency works, the top cryptocurrencies right now, how to use crypto and why it's so important.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

2 Responses

  1. Default Gravatar
    tiaJanuary 22, 2018

    Can you please recommend trusted bitcoin games and sites with faucets please. I’m in Australia too if that makes any difference.
    Cheers

    • Avatarfinder Customer Care
      JoanneJanuary 23, 2018Staff

      Hi Tia,

      Thank you for visiting finder, we are a financial comparison website and general information service.
      As we do not represent any company featured on our pages, we are unable to make recommendations, we can offer you general advice.

      This page discusses ways on how to get bitcoin for free, as of this time we do not have that information available. We do update our pages though, feel free to check back with us from time to time.

      Cheers,
      Joanne

Go to site