BITCOIN
Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. (From Wikipedia, the free encyclopedia)
How to get Bitcoins for free
There is an alternative solution – accumulate an entire coin while using various tools that explain how to get free Bitcoins fast.
1. ChangeTip
While Bitcoin costs over $200, it can be divided into really small fractions, one hundredth of a millionth of Bitcoin. They are called satoshis, and every single one of them currently equals less than one millionth of a dollar. Thus, it has been known a perfect solution for micropayments. The idea has been used by a Reddit-based service called ChangeTip (which then migrated to Twitter< YouTube, and Facebook). We have already had a post about this phenomenon in our blog.
Tipping works in a completely different way than other ways of how to get Bitcoins for free. The idea is that you post some content, and the users decide whether they find it useful or appealing to their interests. Then they determine how much they will pay. On Reddit, most tips are very small, usually close to a few cents. However, some generous tippers prefer being courteous enough to send a few dollars.
There is some serious criticism about the tipping system. Many believe that sending someone two cent is impolite, if not offensive. On the other hand, there is always the fun of using ‘monikers’ (names employed instead of particular amounts of coins) when you get tips in ‘donuts’, ‘coffees’, ‘lunches’, or ‘martinis’.
2. Visiting websites or doing small tasks
Another way of receiving small amounts of coins is visiting Bitcoin-related websites or doing small tasks on the web. There are numerous websites which provide this opportunity to earn some free microBitcoins. For example, you can see BitVisitor or FaucetBTC. It can be anything that you get paid for, from just visiting the pages and staying on them during a certain amount of time to playing games and doing surveys. You can do the latter on BitcoinGet and BitcoinReward.
3. How to get free Bitcoins fast with Faucets
A popular word in the Bitcoin community is ‘faucet’. In other words, faucets can be called just giveaways. They work on the principle described above – you earn your free coins with a predetermined regularity, for example, every 5 minutes, or every day. The websites offer absolutely different kinds of activities for which users get paid.
While a few faucets offer fixed amounts of coins, other provide satoshis within a particular range. For example, FreeBitco.in offers payments in between 300-something satoshis to 0.3 BTC, and on Crococoin, you have a chance to win an entire Bitcoin. A majority of websites will offer visiting pages, watching videos, or even playing games.
Faucet is an important part of any respectable dice website in the crypto community. On sites like DiceCoin.io, you receive 0.00001 BTC or 1,000 satoshis every five minutes, but on the condition that your balance is empty. There is a similar condition on PrimeDice, but the amounts are smaller – 0.000002 BTC. Of course, you can multiply your coins by making bets and being lucky.
4. The Risky Way: Gambling
Bitcoin is thought to be perfect for gambling. First of all, it allows making small bets, which is good when you play for fun or as a hobby. As it has been highlighted above, one of Bitcoin’s strong parts is that it is highly divisible. You simply cannot deposit one cent in a real casino and start gambling with it, but you can do that when playing for Bitcoin (or Bitcoin fractions).
One of the most popular gambling websites for Bitcoins is SatoshiDice with Erik Voorhees as its creator. It is unique because you can play even without using their website – you just send the transaction to a particular address, and then you see whether you won anything or not.
Numerous poker sites, casino sites, slots, etc. are also to your service. Many of them offer faucets, but, in general, you have to know how to get free Bitcoins fast on your own. You can apply your own winning strategy or just follow your intuition. While you might be an experienced gambler, you should always be cautious and not bet more than you can allow losing.
5. Getting Bitcoins through Trading
Trading is one of the most popular ways to start earning a crypto-fortune. In some ways, it is similar to gambling, especially in the world of cryptocurrencies where the price of a coin might change in a blink of an eye. However, trading is more like a science with its methods, strategies, and tools. Many people regard trading as their main activity which allows them to earn a pretty good living.
If you want to know how to get bitcoins for free with trading, you should keep your nose in the wind, following cryptocurrency news, tracking price trends of Bitcoins and altcoins, choose the right trading platform and stuff. Usually, you might need an initial capital to start getting Bitcoins through trading, but the reward is usually higher than earning some Satoshis using other methods.
thanks for reading, hope this post helps