Pile of bitcoin

How to get free bitcoin

A guide to some of the most common ways to earn free BTC.

Can you get free bitcoin? Yes. In fact, it’s probably easier than you expect.

Can you get rich off it? That part’s not so easy.

There are six main ways to get free bitcoin. Arranged roughly from least to most profitable, they are as follows:

  • Scams and gambling
  • Faucets
  • Games
  • Mining
  • Affiliate programs
  • Getting paid directly in bitcoin
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. 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.

Falling for scams

You’ll actually lose money by falling for scams and you will typically lose money overall when gambling, so these are by far the least profitable options. Scams are worth a mention because some “free bitcoin” offers are simply scams.

If the offer asks you to make a payment of any kind, and you don’t know exactly what you’re getting in return, there’s a good chance it’s a scam. There are actual legitimate ways of getting small amounts of bitcoin for free, so being asked to make a payment is a distinct red flag.

By contrast, bitcoin gambling sites are often just as legitimate as online gambling with any other kind of currency. They might be full of ads or malware, and you’ll typically lose money overall, but it’s theoretically possible to get free bitcoin from it.

Bitcoin faucets

A bitcoin faucet is a feature on websites that steadily drips bitcoin. For example, a website might dispense a fraction of a bitcoin every few minutes.

It’s usually an extremely small amount, equivalent to a few cents or a dollar, awarded to one user every few minutes.

This is often done as a promotional feature. If a faucet holds visitors on a website, it may translate to increased engagement, higher ad revenue or other benefits for the site’s owners that make it worthwhile.

Bitcoin games

Games might award miniscule amounts of bitcoin as a prize. They’re typically also filled with advertisements.

It works similar to bitcoin faucets. The bitcoin rewards keep people playing and viewing ads, so on paper the game looks like a great way for advertisers to reach people.

If you don’t mind viewing ads, actually enjoy the game you’re playing and have a lot of time to kill, the tiny bitcoin prizes might eventually add up.

Mining

Name Product Payment Methods Payment Currencies Mineable Coins
Genesis Mining
Genesis Mining
Credit card (VISA/Mastercard), Cryptocurrency
USD, BTC, LTC, DOGE, DASH
BTC, DASH, ETH, LTC, XMR, ZEC
Hashflare Cloud Mining
Hashflare Cloud Mining
Credit card (VISA/Mastercard), Wire transfer
USD, EUR
BTC, DASH, ETH, LTC, XMR, ZEC

Compare up to 4 providers

A few years ago you might have been able to make hundreds of bitcoin by mining on a home computer.

These days it’s a lot more difficult. The bitcoin mining network is mostly dominated by big players with hundreds of thousands of dollars of computing power dedicated to bitcoin mining.

To make a profit from bitcoin mining, you need to have a lot of very powerful hardware. Otherwise you’ll end up spending more on power than you earn from bitcoin.

Read more about how bitcoin mining works in our guide.

Affiliate programs

This is probably the easiest way to get free bitcoin that’s actually worthwhile. Affiliate programs are used in almost all industries, including cryptocurrency.

For example, you might refer a friend to a service and then you both get a discount, accrue rewards points or get a BTC or fiat currency bonus.

For example, by signing up to Coinbase through an affiliate link, you can get US$10 worth of bitcoin for free.

When you can get discounts or free money, it can be worth going out of your way to sign up for a service through an affiliate link instead of signing up directly.

Get paid directly in bitcoin

You have to work for it so it’s not really free, but technically you’re also working for any bitcoin you might get from a faucet or as a game reward.

There are different ways to do this. For example, you could do any one of the following:

  • Asking for bitcoin donations on your website through a wallet address and QR code.
  • Working for a company that pays directly in bitcoin. For example, if you do freelance work for a cryptocurrency business or have a reputation as a reliable service provider, you could get paid in bitcoin.
  • Asking your employer to pay you in bitcoin. If you really want, you might ask for part of your wages or salary in bitcoin. Although it’s safe to assume that at this stage, most employers will say no.

If you’re hoping your bitcoin will appreciate in value, it might just be better to buy it the usual way.

Bitcoin might multiply in value tenfold, but that ten cents of bitcoin you’ve earned from a game will still only be worth a dollar.

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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

    • Staff
      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

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