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4 Clever Ways to Earn Free Bitcoins in 2024

9 mins
Fact Checked
by Ish Bautista
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The remarkable surge of Bitcoin, capturing global interest, is undeniable. Amidst its escalating price and the increasingly complex landscape of acquiring it, the prospect of earning free Bitcoin offers a welcoming alternative. In this article, we’ll delve into innovative and clever methods to acquire free BTC, providing you with practical strategies to navigate this exciting opportunity.

Why getting free Bitcoin is a must

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 buy Bitcoin for free.

Bitcoin continues to make waves in the financial world, with its appeal growing amidst global economic uncertainties. 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

The sustained interest from mainstream corporations and significant media coverage have propelled Bitcoin to new heights. It has consistently surpassed previous peak values, showcasing a performance that outshines other investment assets. This trend underscores Bitcoin’s potential as a robust investment choice in the current financial landscape, with its momentum showing no signs of waning.

How to earn free Bitcoin

bullish sentiment bitcoin cryptocurrency web3

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.

Primarily, earning Bitcoin will require mining or trading. However, both activities are capital and time-intensive, and there’s also the good old element of luck that you need to make good money off these activities. With time being of the essence and Bitcoin becoming more challenging to earn, you could take advantage of some simple ways to earn Bitcoin. 

CoinTiply

Cointiply Review 2023 website
Cointiply review: Cointiply

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 the 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 has surveys from providers like Theorem Reach, Polifish, YouSurveys, and more. These surveys usually pay anywhere from $0.10 to $1.50, depending on length. 
  • 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, increasing 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 vs DOGE, and the service will transfer the units to your wallet.

Lolli

Earn free rewards at 25,000+ top stores.
 lolli

Lolli is a DeFi-oriented browser extension that enables you to earn free BTC as rewards for shopping on websites operated by its partners. Compatible with Google Chrome, this service pays out rewards in both Bitcoin and dollars. Leveraging the rising popularity of loyalty programs in the e-commerce domain, the Lolli extension taps into this trend to provide value. 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 

Top stores to shop using Lolli
Chart made by Tom, BIC writer

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. If you so desire, you can send the BTC to a secure hardware wallet or to an exchange like StormGainAlso, keep in mind that participating merchants are the ones who determine reward percentages – not Lolli. 

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 with 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 percent cashback
  • Walmart: up to 3.5 percent cashback 
  • Sephora: up to 4.5 percent cashback
  • Adidas: up to 7 percent cashback
  • Nike: up to 3 percent cashback

Bitfortip

bitcoin cryptocurrency web3 platforms

Bitfortip, launched in 2015, is a leading 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 gets the set reward in their wallet directly. 

Signing up on Bitfortip 

  • Log on to the website
  • On the right side of your page, click on “Register” 
  • Enter your appropriate information

Bitfortip generates a Bitcoin wallet address when you register. 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. 

With cloud mining, you could rent mining resources from a company and remotely participate in the mining process. Popular cryptocurrency exchange StormGain offers a cloud mining solution tailored for users who want to earn free BTC. The service allows users to mine Bitcoin with the same device used to access its trading platform, providing easy access to their wallet accounts and earnings. 

StormGain

earn free bitcoin on StormGain
StormGain App: StormGain

The difference between StormGain and other cloud mining services is in the fees. Ideally, cloud mining firms charge specific monthly subscription fees for access to their cloud mining infrastructure. Whether you earn money or not, you have to pay the cloud mining firm.  

StormGain doesn’t charge any of these fees. You can join the cloud mining service from your device and connect to it, earning and trading your rewards on its exchange. As the company explains, the more gains customers make, the more likely they are to trade. StormGain gets cash off your trading activity and transactions anyway, so no one loses at the end of the day. 

Kickstart your earnings

As Bitcoin nears mass adoption, demand will only increase to astronomical levels. 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 they require little to no investment makes them pretty alluring.

Frequently asked questions

What app gives you free Bitcoin?

What is Bitcoin?

What is cloud mining?

Can you make money from free Bitcoin?

How do I acquire 1 BTC?

How can I farm Bitcoin?

How much money do you need to mine Bitcoin?

Is Cointiply real or fake?

How can you tell if a Bitcoin website is real?

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Jimmy Aki
Based in the United Kingdom, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills, having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for blockchain regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.
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