With the prices of bitcoin soaring once again, we all want to grab a slice of digital gold.
But getting hold of cryptocurrency without having to risk your hard-earned cash can be elusive. However, there are ways of earning free bitcoins and other cryptos.
One method which has proved hugely popular over recent years is faucets. If you haven’t heard of them before, faucets are websites that issue small amounts of bitcoins in return for you visiting and viewing ads.
One of the biggest faucets around – freebitco.in – is offering members the chance to earn free bitcoin for life by referring their friends.
You’re given a referral code as soon as you sign up (which is completely free) which you can then share with your friends, colleagues and whoever else to start earning.
Each time someone signs up using your link and performs an action on the site you’ll automatically start earning a passive income. This includes rolling the faucet, playing the multiply bitcoin game and any wagers they make.
Freebitco.in, which has been around for many years, offers many ways to earn free bitcoin.
We’ve already mentioned the free faucet, but did you know that each time you make a claim (maximum one an hour) you’ll be in with a chance of winning a jackpot of up to $200?
In addition, every time you claim you earn reward points, which can be exchanged of luxury goods such as iPhones. Also, you’ll earn free entries into the weekly lottery, with prizes averaging $4,500, all without having to spend any money.
The site also offers a hi-lo game and the opportunity to gamble on many high profile sporting matching and you’ll also earn daily interest on any bitcoin balances over 30,000 satoshi that you maintain on the site.
And if all this wasn’t enough, the site is currently running a competition – which you can enter for free – to win a Lamborghini Huracan or $200,000.
Don’t be put off by the site’s simplistic design, which hasn’t been update for a long time now. There are hundreds of thousands of people who use it daily and it’s reputation for reliability and trustworthiness are widely known.
The reason faucets given out free crypto is that the owners hope some of you will click on an advert or two and go on to buy something, thus earning the faucet owner a commission. The free coins that they dish out are an incentive for you to keep on visiting.
Over recent years faucets have evolved into all-round earnings portals, with many offering multiple revenue streams for those in the market for some cryptocurrency.
You’ll find most sites pay in bitcoin, but there are many other faucets that offering earnings in myriad different cryptocurrencies, such as Bitcoin Cash, Ethereum, Litecoin and Doge.
And we’ve saved the best part until last – unlike many other so-called ‘free’ earnings websites, faucets are genuinely that. If you visit a faucet site and you’re asked for money leave immediately as it’s highly likely to be a scam.
Faucets remain one of the only true, free ways to earn cryptocurrency without any cash outlay or risk. Although the earnings can be small to start with, over time, and if you build up a healthy network of referrals, you’ll start to see the profits rolls in.
And given that the price of bitcoin is heading to the moon once again at the time of writing, those initial small amounts could well be worth significantly more in the future!
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