5 Top Safe Ways to Earn Free Bitcoin in 2024

In the summer of 2021, we published our original 5 Top Ways to Earn Free Bitcoin. Three years later, we are back with an updated Top 5 list for June of 2024. Let’s get into it…

Benefits of earning free Bitcoin in 2024 are twofold: 

1. Riskless initial exposure: Bitcoin can be a big leap for some—its legendary volatility can scare the pants off even the most seasoned investors. Starting with small allocations earned for free, you can begin your Bitcoin journey without fear of losing your pants to emotional decision-making. 

2. Skin in the game: It’s hard to learn about Bitcoin without having skin in the game. Once you start earning and accumulating Bitcoin, you will be much more incentivized to actually dive in and see what it’s all about. As many big name Bitcoiners like to say: Bitcoin allocations scale with knowledge and understanding. 

Earning Poten­tial: Low

Category: Miscellaneous

Location: Global

Company: None

Cost: Free

How do Bitcoin faucets work? 

Bitcoin faucets are websites or applications that dispense small amounts of Bitcoin, known as Satoshis, to users in exchange for completing simple tasks.

Fun Fact: The original Bitcoin faucet used to give away 5 whole Bitcoin.

These tasks include completing:

• surveys

• viewing ads

• playing games

• watching videos

Pros and cons of using Bitcoin faucets 

Pros:

• Bitcoin faucets allow you to earn small amounts of Bitcoin without putting your hard-earned money to work.

• A great place to learn about Bitcoin and market behavior without fearing volatility and loss.

Cons:

• Bitcoin earnings are relatively meager compared to the time spent completing these tasks.

• Risk of encountering scams, with some faucets designed to siphon personal information.

• If faucets do not use the Lightning Network, there is also a risk that your small stack of Bitcoin could be stuck on the platform indefinitely due to network fees. 

Tips for maximizing earnings from Bitcoin faucets 

1. To maximize earnings, users may want to try many different applications to determine which are most worth their time expenditures.

2. Consistency is key to stacking enough to withdraw on Bitcoin’s base network, so if you see one advertising using the Lightning Network, you can reduce your risk of getting stuck.

Here’s a list of legitimate Bitcoin faucets we’ve compiled:

• Cointiply: This is one of the most popular Bitcoin faucets, offering multiple ways to earn Bitcoins. It also has a loyalty bonus and a high payout system​.

• FreeBitco.in: This site offers a chance to earn free Bitcoin every hour, up to $200 worth of BTC.

• Faucet Crypto: It has a loyalty program and supports over 25 coins for payouts​.

• Bitcoinker: This faucet rewards users for solving captcha puzzles and allows frequent claims, collectively offering around 100,000 Satoshis every five minutes​.

• Fire Faucet: Users can earn auto rewards by viewing video ads and completing daily surveys. It supports multiple cryptocurrencies and has been operational for over six years​. 

• sMiles: This application offers Bitcoin rewards for walking, shopping, playing games, and taking surveys. 

Earning Poten­tial: Low — High

Category:  Full-time, Part-time, Contrac­tors

Location: USA/Global

Company: BitcoinerJobs

Cost: Free

What are microtasks and freelancing? 

• Small and simple tasks that can be completed quickly, typically through online platforms.

• Freelancing refers to independent work in which individuals offer specialized skills and services on a per-task or project basis. 

How to find micro tasks and freelance opportunities that pay in Bitcoin 

We Are ₿itcoiners, We Are Satoshi. Bitcoiner Jobs helps connect Bitcoiners with Bitcoin-only compa­nies. Many of these jobs will pay you in Bitcoin when hired. 

Apply Here.

There are a couple ways to achieve this: Freelance contracts through a Bitcoin company and/or getting hired by a Bitcoin company. Whether you’re a hairstylist, social media manager, or handyman, you can now earn Bitcoin for your services.

Some recom­mended job sites to check out are:

• Bitcoiner Jobs

• Angel­List

If you’re a freelancer, create an account on platforms like Cash App and have customers send you Bitcoin through the app. Either have them scan your QR code or use the tag associ­ated with your profile (this will begin with $).

Trans­ac­tions are instan­ta­neous since every­thing happens within Cash App’s internal system. 

All jobs listed stem from bona fide Bitcoin-only companies. Most, if not all, are willing to pay in Bitcoin, with many freelance and full-time gigs to choose from. 

Pros and cons of earning Bitcoin through micro tasks and freelancing

Pros:

• Provide a low barrier to starting your stack with a lot of flexibility compared to traditional full-time roles.

• Many different jobs and tasks to choose from, and it may be an excellent way to start dipping your toes into the space and build a Bitcoin resume. 

Cons: 

• Do not provide the same protections and benefits as traditional employment avenues — you’re not going to be seeing health insurance and paid time off in this sector.

• Payments are taxable, and with Bitcoin’s volatility, earners need to plan ahead, or they may see themselves selling at a loss in order to cover unexpected tax burdens.

• Typically remote in nature, individuals must compete on a global scale, which, in turn, can drive down earnings potential. 

Earning Poten­tial: Medium

Category: Cash-back, Sats-back

Location: USA

Company: Lolli / Fold

Cost: Free

What is affiliate marketing, and how does it work? 

Affiliate marketing apps like Lolli and Fold are great ways to earn free Bitcoin.

Lolli earns you Bitcoin cash back by linking your credit card and activating cash-back boosts when you spend money with certain companies. They also allow you to earn Bitcoin cash back by shopping with their partner companies through the app.

Download Chrome Exten­sion.

In addition to the free daily stack on the Lolli-app, earn Bitcoin back on purchases by adding their exten­sion to your browser. When you’re on a Lolli partner site, the exten­sion will turn green to signal it’s active (stay logged in to see this). The best part of the exten­sion is free. 

Here are some of the retailers that partner with them:

• Expedia

• Chewy

• Sephora

• Nike

• Adidas

• Bloomingdale’s

Fold users earn cash back by purchasing gift cards or using Fold’s prepaid debit card. Both applications also have a daily reward function, which allows you to earn small amounts of Bitcoin by simply pressing a button. 

How to find and join affiliate programs that pay in Bitcoin 

Lolli and Fold are easy and free to join. Simply visit their websites or download their applications and sign up — then you’re off to the races with stacking. 

Pros and cons of earning Bitcoin through affiliate marketing 

Pros:

• Lolli and Fold allow you to earn Bitcoin cash back on purchases you were already going to make, making it perhaps the easiest way to earn free Bitcoin we’ve discussed yet. 

Cons:

• The library of partner companies changes frequently and may be difficult to track.

• Boosts can only be activated prior to spending, so if you forget to go through the apps, you can lose out on earnings even if your cards are linked.

Earning Poten­tial: Low — High

Category: Cash-back, Sats-back

Location: Global

Company: Swan Bitcoin

Cost: Free

How do referral programs work? 

Referral programs generally involve companies creating a unique code or link for their customers to use to refer others to their product or service.

Swan Force, for example, requires registration but allows Swans to earn Bitcoin every time they successfully refer someone to the site. 

“If anyone signs up with Swan Bitcoin through your promotional link, they’ll get $10 of free BTC (an offer available only to U.S. residents), and you will earn 25% of their Bitcoin fees for their first year of Bitcoin purchases.”

Tips for finding and participating in referral programs for Bitcoin 

Pro Tip: In addition to Swan Force, Lolli and Fold have their own referral programs, allowing you and your friends to earn more Bitcoin when they join the team. 

Earning Poten­tial: Low

Category: Miscellaneous

Location: Global

Company: Zebedee

Cost: Free

How to earn free Bitcoin through online games

Earning Bitcoin through online gaming has become increasingly popular, offering gamers a way to receive Bitcoin rewards for their playtime and achievements. One of the standout companies in this space is Zebedee, which has significantly innovated how gamers can earn Bitcoin.

Zebedee’s app stands out with its innovative feature that rewards users with Bitcoin for playing over 100 eligible mobile games. This integration not only allows gamers to earn Bitcoin by simply engaging with their favorite games but also marks a substantial step towards the fusion of gaming and digital currencies.

Risks and benefits of using online games to earn Bitcoin 

Benefits:

• If you’re into gaming to relieve some stress occasionally, why not try to earn some Bitcoin while you’re at it?

• Adding hard money may just give you the excitement boost you need after a hard day’s work in the Matrix. And who knows? You may learn something about Bitcoin while you’re at it.  

Risks:

• Gaming addiction is one of the most serious conditions preventing large muscles and suntans in modern Western society.

• Be sure you’re paying attention to your health trying to stack those free sats.

• Also, never download games from an unknown source — they may prove to be privacy and security concerns on your devices down the road. 

Tips for responsible and profitable use of online games for Bitcoin 

If you’re going to use games to earn Bitcoin, treat it as an exploration rather than a job. Remember, there’s an entire world of grass and sunlight out there just waiting to be touched.

Buy. Hodl. Withdraw to self custody. Repeat ad-infinitum. This is your final warning. 

Sign up and HODL with Swan today!

Swan is a leading Bitcoin financial services company with more than 120,000 clients and 170 employees, operating globally. Established in 2019, Swan helps individuals and institutions to understand and invest in Bitcoin. The Swan app simplifies Bitcoin purchases with instant and recurring buys. Swan IRA provides a tax-advantaged solution for saving Bitcoin in retirement accounts.

For HNWIs and businesses, Swan Private provides white-glove service for large purchases, treasury solutions, and employee Bitcoin benefits. With Swan Vault, clients can easily custody their own Bitcoin with peace of mind. Financial advisors trust Swan Advisor for client Bitcoin allocations, backed by world-class custody and educational content.

Swan Managed Mining provides clients with fully segregated and dedicated mining operations, catering to their unique requirements, opportunities, and strategic advantages. Swan prides itself on exceptional client service, making Bitcoin accessible to all. For more information, please visit swan.com.