The dominance of Bitcoin as a global centralized asset is undeniable. So, is there a way to acquire BTC without paying for it? This guide covers a number of clever methods for you to earn free BTC in 2024. Here’s what to know.
KEY TAKEAWAYS
► Various platforms like CoinTiply, Lolli, and Bitfortip offer interesting methods for users to earn free Bitcoin through many activities.
► Earning free Bitcoin provides an accessible alternative to mining and trading, which are both resource and time-intensive.
► As Bitcoin gains mainstream acceptance, acquiring free Bitcoin becomes increasingly attractive.
► The growing mainstream adoption and corporate interest in Bitcoin underscore its legitimacy and potential as a valuable investment.
How to earn free Bitcoin
Primarily, earning Bitcoin involves mining or trading on the blockchain network. However, both these activities demand significant capital and time investment, and they also rely on the often unpredictable element of luck to generate substantial profits.
With time being a crucial factor and Bitcoin becoming increasingly challenging to earn in the blockchain context, you could explore some simpler methods to acquire it. Here’s a list of the top platforms that can help you earn free BTC in 2024.
Top platforms to earn free Bitcoin
You can earn free BTC via cloud mining, completing tasks, and other methods. Let’s take a look at a few options.
1. CoinTiply
Our first platform, CoinTiply, is a BTC faucet and a get-paid-to (GPT) platform. The company began operating in 2018 and is owned by a holding company called 3DAH. Like most GPT sites, CoinTiply pays users who carry out several tasks online.
You can get paid for pretty much anything, including filling out surveys, downloading applications, chatting, watching videos, etc. You earn free cryptocurrency for each task you complete, and you can eventually exchange these for cryptocurrencies — either Bitcoin or DOGE.
According to CoinTiply’s website, users have earned over $700,000 on the platform since it began operating in 2018. The service has also passed legitimacy tests, so you know it works.
Signing up on CoinTiply
CoinTiply is simple to set up:
- Log on to the site and sign up using your email address.
- Verify your email by clicking a verification link
- Log into your account and earn 100 coins for free
How to earn on CoinTiply
As explained, CoinTiply pays users based on tasks they complete. Here are some ways users can earn:
- Surveys: Surveys are, so far, the best ways to earn free cryptocurrency on CoinTiply. To check available surveys, go to the navigation bar and hover on the “Earn coins” bar. Click on “Complete surveys,” and you’ll see a list of available ones.
- Multiple providers: CoinTiply offers surveys from providers like Theorem Reach, Polifish, YouSurveys, and more. Depending on their length, these surveys usually pay between $0.10 and $1.50.
- Offers: Offers present an interesting opportunity, sometimes even outperforming surveys in terms of payment. These offers range from signing up for a service, downloading an app, and using it for a specified duration to utilizing free trials for services and participating in paid surveys.
The Cointiply faucet
Like every other GPT site, Cointiply has a BTC faucet. The process is not complicated: you simply roll a number in the faucet section. You earn a specific number of coins based on the number you roll. The higher the roll, the more coins you earn.
You can also use the Cointiplier to increase your earnings on each faucet roll. The Cointiplier starts at 1.5x by default, but it changes monthly. You can increase your Cointiplier by completing tasks, but it will most likely decrease if you only earn coins with the faucet.
Paid videos
Paid videos won’t earn you much. However, their ease and passive nature make them an attractive choice. Your earnings will depend on the video provider, but you can earn between 200 and 500 coins ($0.02 to $0.05) per hour.
How much can you earn on CoinTiply?
CoinTiply usually pays between $1 and $2 per hour. If you’re lucky, you could earn up to $5 hourly. The service has a minimum cashout of $5. When your funds have crossed this threshold, you can request a withdrawal by inputting your wallet address. Select if you’d like to get paid in Bitcoin or DOGE, and the service will transfer the units to your wallet.
2. Lolli
As a DeFi-oriented browser extension, Lolli enables you to earn free BTC as a reward for shopping on websites operated by its partners. Compatible with Google Chrome, this service pays out rewards in both Bitcoin and dollars.
The Lolli extension leverages the rising popularity of loyalty programs in the e-commerce domain. Reward percentages differ among retailers, with some offering as much as 30 percent cash back in Bitcoin for purchases. However, it’s important to note that Lolli’s services are exclusively available to U.S. customers.
How Lolli works
Lolli works when you shop at partner retailers. The service receives a percentage of your purchase, like a commission, for driving traffic to these sites. When it gets its commission, it splits a portion with you. Lolli sends commissions in Bitcoin straight to your dedicated wallet on the channel.
Getting started with Lolli
To begin using Lolli, follow these steps:
- Open Google Chrome and download the Lolli browser extension from the Chrome Web Store.
- Create an account. You can register using your email or Facebook account.
- Go to www.lolli.com/stores to find partner merchants.
- Click on a merchant and hit the “Shop” button.
- Lolli will activate rewards for the merchant.
You will need to activate Lolli alerts when you visit a partner store. When you activate it, you can shop normally. As long as an order is eligible, Lolli will track the purchase and send Bitcoin rewards to your wallet when the merchant pays its commissions.
Every merchant has a reward locking period. This period is usually between 30 and 90 days. Once a period elapses, the service sends your reward to your wallet. Lolli Wallet only allows withdrawal of your BTC when balances exceed $15. You can either withdraw Bitcoin to your wallet directly or have it converted to dollars and sent to your bank account.
Bitcoin withdrawals are free, while USD withdrawals carry a $0.25 fee.
Where can you shop using Lolli?
Lolli is partnered with over 500 top brands, allowing you to earn up to 30 percent cashback in BTC. Some of these brands include:
- Macy’s: Up to 5% cashback
- Walmart: Up to 3.5% cashback
- Sephora: Up to 4.5% cashback
- Adidas: Up to 7% cashback
- Nike: Up to 3% cashback
3. Bitfortip
Bitfortip is a platform where users can earn free Bitcoin by providing answers to questions. This service, available for desktop and Android mobile users, offers a distinctive way to acquire Bitcoin rewards.
Operating like Yahoo! Answers, Bitfortip allows users to post questions on its platform. To post an inquiry, users will need to fund their wallets with at least 0.0001 BTC. From there, you can post your query with a reward of your choice.
When someone else provides an answer, you can review it and see which is the most helpful. Mark the answer correctly, and the responder will receive the set reward directly in their wallet.
Signing up on Bitfortip
- Log on to the website
- On the right side of your page, click on “Register”
- Enter your appropriate information
When you register, Bitfortip generates a Bitcoin wallet address. You can also get paid in NANO and Bitcoin cash. The minimum payout is 0.0001 BTC or its equivalent in any of the other assets.
Bitcoin mining is a costly endeavor. From the miners to other associated costs (electricity, cooling, etc.), it requires substantial capital to run a successful mining outfit.
Platforms to earn free BTC compared
| Platform | Type | Minimum payout |
|---|---|---|
| CoinTiply | GPT | 50,000 DIRECT |
| Lolli | Cashback | N/A |
| Bitfortip | Question forum | 0.0001 |
Why look for ways to get free Bitcoin?
Bitcoin has proven to be much more than a fad. Over the past few years, it has become a genuine investment asset with real-world applications across several industries.
With increasing value and growing attention from some of the world’s largest companies, Bitcoin is riding an unprecedented high right now. In this rise, many are wondering how to acquire Bitcoin for free.
Companies have increasingly turned to Bitcoin as a hedge against traditional assets that are underperforming, a trend that has only gained momentum.
Major firms, including prominent tech and investment companies, have been integrating Bitcoin into their portfolios, signaling a shift in corporate asset strategies. Additionally, high-profile endorsements from leading industry players have further boosted Bitcoin’s profile.
“At its core, Bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.”
Peter Diamandis, Executive chairman of Singularity University: X
Kickstart your earnings
As Bitcoin nears mass adoption, demand will likely only increase. While the methods outlined above might not make you Winklevoss-level rich, you can at least start somewhere by amassing little chunks of Bitcoin. The fact that these options require little to no investment makes them even more alluring.
Disclaimer: This article is for informational purposes only and should not be considered investment advice.
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