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20 Ways to Earn Free Crypto in 2024

Updated: 9 February 2023

Emmanuel Olatunji

Support Manager

Earning some free cryptocurrency is easier than it may seem. There are plenty of opportunities for you to choose from. Exchanges and platforms offer plenty of sign-up ideas, trading bonuses, and refer-a-friend deals. Thus, some sites can provide free crypto for their customers if they perform some simple tasks. Other options include shopping rewards with credit cards, referral bonuses, playing games, and participating in trading competitions. 

This article will explore twenty easy ways to earn free crypto without much preparation. 

Best Ways To Earn Free Bitcoins In Your Wallet

1. Signing Up With An Exchange

Several crypto exchanges reward their new clients with free bitcoins or altcoins if they sign up as a client. This option is the easiest and safest on our list and, honestly, the quickest to get. For example, Gemini gives $25 BTC to new UK users who trade $100 in the first three days.

The most popular exchange platform that offers free crypto are:

  • Coinbase
  • Gemini
  • BlockFi
  • Celsius
  • Crypto.com

You also should monitor some other exchange platforms as sometimes they offer free crypto options and ​​provide time-sensitive bonuses. 

2. Crypto Staking

In a nutshell, staking is how many cryptocurrencies verify their transactions, allowing crypto-investors to earn rewards on their holdings. This process involves committing your crypto assets to support a blockchain network and confirm transactions. But I must warn you that you can do so only with cryptocurrencies that use the proof-of-stake model to process payments.  

3. Play Games And Get Free Bitcoin

The best crypto games work the same as classic video games, except they are hosted on the blockchain rather than game consoles. Many online games reward small amounts of bitcoin as a prize. The games work equally to bitcoin faucets.

The bitcoin bonuses encourage investors and users to play games and view ads. Plus, the games provide myriad benefits, most notably, the ability to use cryptocurrency within the game for specific tasks. The reward amount tends to be pretty low. But it is still worth trying.

For example, Lucky Block is building a crypto game around a number-drawing process. If your number is chosen from the random daily draw, you can win a percentage of the jackpot prize. Now, to buy a ticket to enter the interest costs $5 – payable in the project's native digital token, LBlock.

But Lucky Block offers the opportunity to earn a free ticket, meaning you can bypass the $5 requirement. You need to hold an allocation of LBlock tokens and connect your private wallet to the Lucky Block app each day.

4. Earn A Return On Bitcoin That You Already Have In Your Wallet

Do you already hold bitcoin within a crypto portfolio? Great! That means some crypto products allow you to generate a yield from your assets. If you have some coins in your wallet, check if your exchange offers a way to earn an annual percentage yield (APY) on your digital assets. 

Usually, people associate bitcoin with a Proof-of-Work blockchain. Lending or "off-chain staking" is one of the most common options. 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.

5. Refer A Friend

Sometimes you want to avoid signing up for a new exchange, so another option is to recommend your exchange to a friend. Loads of affiliate programs are widely available in the cryptocurrency industry.

For example, you can earn free Bitcoin instantly by applying for the Binance bitcoin referral program. You can refer your friends, giving you 20% when they make a transaction. Your friend also gets a 20% discount.

Such resources as Gemini and Kriptomat now offer excellent bonuses of Bitcoin if you refer someone. In this case, you both get a bonus. The eToro’s referral program also presently provides $50 for referrals.

6. Get Bitcoin Cashback On Your Shopping

Like shopping? Now you can not only spend your money but also earn free bitcoin by shopping online with the help of shopping reward companies. Several browser extensions and web browsers now allow you to earn bitcoin rewards if you do some tasks online. Shopping with partner retailers can also help bolster your bitcoin holdings over time. 

For example, the app Lolli gives you free Bitcoin when you shop for over 1000 top stores. For that, you need to download this app.

7. Free NFTs

A non-fungible token, or NFT, is also a digital asset considered an artwork. NFTs have become extremely popular over the last couple of years. Some of them can cost a fortune! 

There are several ways you can get some free NFTs. First, some new crypto projects on the market may offer NFTs as an "invite bonus" to their top supporters. Such resources as Freecash.com can provide information on free NTFs for its users. You could follow new crypto on its Discord channel and wait for an invite bonus pool for the people who drive the most traffic to the channel. 

The second way is to use Twitter, where you can find regular NFTs giveaways, which a project team can reward you for promotion.

8. Crypto Lending

Another way to earn some free coins is crypto lending. It is a process of depositing your crypto that you lent out to some borrowers in return for regular interest payments. 

There are two main types of crypto lending that crypto platforms offer. The first one is decentralised crypto lenders. The second one is centralised crypto lenders. Both offer access to high-interest rates, sometimes up to 15 - 20% annual yield (APY). But crypto loans are pretty risky because margin calls may happen if asset prices drop.

9. Cashback In Crypto

We are all used to cashback options from our banks. A similar option is provided by CoinCorner, which launched its "Bitcoin Cashback" in 2020. There are two ways that you can make some free Bitcoin using CoinCorner. You can browse its directory of online retailers and shop as usual. Or you also can download its bitcoin cashback extension and receive a pop-up when you visit a partner retailer site so that you will be notified of bitcoin cashback offers. These partner retailers include B&Q, Schuh, Boots, and Curry PC World.

10. Five Platforms That Give You Free Crypto

As mentioned above, some platforms pay their users free crypto to attract new customers. Let's take a quick look at the five most well-known: 

  •  Coinbase Earn

With Coinbase Earn, you can get around $30 of free crypto. The platform also gives its users a chance to learn more about cryptocurrency by participating in Coinbase Learn part. Thus, you can earn up to $100. You can learn about 0x (ZRX) tokens, EOS (EOS), and others. Watch a video, take a short quiz, and answer the questions correctly to get free crypto. Coinbase will credit the cryptocurrency you learn about into your account, so the program is a great way to get various cryptocurrencies for free.

You can also invite your friends to the program and receive a referral reward. 

  • Voyager Exchange

This platform gives you bonuses (around $25) if you use its interest-bearing account. It offers 10% interest on your cryptocurrency holdings. Suppose you deposit $100 or more and get $25 in bitcoin as a bonus.

  • Crypto.com Cash Back

This cashback program gives customers free crypto as cashback for all their purchases. The cashback is around 1%-5% which is way more than most debit cards offer. It works well for Airbnb purchases (approximately 10%) and Netflix and Spotify subscriptions.

  • eToro

This famous multinational social trading platform offers new investors a $10 sign-up bonus if they deposit and trade $100 to qualify for the promotion. 

  • Free Cash

This platform works with companies that want to advertise their apps, surveys, and products. The users of Free cash can earn up to $100 or more per month if they take simple surveys on different companies and test apps. Then, the platform pays you in whichever form of currency you choose. Usually, users can expect to earn $1 per 5 to 10-minute offer and instantly cash out their crypto for PayPal, VISA cards, Bitcoin, CS: GO Skins, Amazon gift cards, and multiple other gift cards.

Crypto Cash Back

11. Bitcoin Mining Pool 

As mining has become way too expensive for many, users still have a chance to join Bitcoin Mining Pools, groups operated and organised by third parties to manage hash power from miners worldwide. Some popular pools are Slush Pool or F2pool. These platforms share the resulting Bitcoin ratio to the hash power that is contributed to this pool.

12. Bitcoin Faucets

For those who, due to different reasons, can not purchase crypto, they can use crypto faucets and earn some rewards. Users must complete simple tasks such as playing games or answering questions. Some popular faucet sites are Bitcoin Aliens, Cointiply, and Altcoins.pw.

13. Sell Goods For Bitcoin

You have several options if you want to find customers interested in buying goods or services. First, you can use an online marketplace compatible with cryptocurrency transactions. Secondly, you can use a website that facilitates online freelancing and accepts cryptocurrency payments, for example, XBitFreelancer. But also, please be careful as there are plenty of scams and fraudulent activities.

14. Browser And Search Engine Rewards

Some search engines and browsers, such as Brave and Presearch, offer rewards in crypto if users watch ads or seek some information using these browsers. This is a relatively simple way to earn some cryptocurrency without much effort. 

15. Donations

If you stream games, create art and music, write novels, or do blogging, you can ask your audience to support your work with donations in crypto. 

All you need to do is set up a wallet address and a QR code to receive donations in crypto.

16. Write About Products

For those with solid knowledge of a particular product or an industry, some companies can pay crypto for your feedback, thoughts, or blog posts. 

For example, the service BitcoinJobs.com can provide this opportunity. 

17. Salary

Salaries in the cryptocurrency have become more and more attractive for employees, and some companies use them as perks. To find your first crypto job, you can use the following websites: https://cryptocurrencyjobs.co, crypto.jobs, or web3.career. 

To know more about how to get a job in crypto, read our article Careers in cryptocurrency. How to Get a Job in Crypto.

18. Get Tipped

You can get tipped in bitcoin for the work you’ve done. To do so, you will need a QR code and a digital wallet. People can give you a tip in the form of bitcoin using your QR code. It is one of the easiest ways on your list.

19. Do Small Tasks

A microtask might include a survey, where you can earn a tiny amount of bitcoin once you have completed it. Some popular platforms are Cointiply, Freebitcoin, and Satoshi Hero.

20. Use Physical Exercise Apps

There are a lot of apps out there that offer rewards in the form of bitcoin or other cryptocurrencies when you exercise. Examples include Sweatcoin and Lympo.

Conclusion 

Now you know at least twenty ways that can help you earn some free cryptocurrency. Just find the way that suits you best, and go ahead! 

In our blog, you can read in detail about some of the methods we have mentioned above:

10 Best apps to earn crypto, Legit Ways to Earn Crypto Watching Videos in 2023

Emmanuel Olatunji

Support Manager

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