You can get Bitcoins and other cryptocurrencies for free, but free does not mean given away in exchange for nothing: you will have to do something to get them.
The first thing to keep in mind, if you want to earn cryptocurrencies without buying them, is that this is one of the main hooks of crypto scams. Avoid using Google, YouTube and the like to search for terms like “free cryptocurrencies” or “free bitcoins”. This is the fastest way to find a scam.
Many websites and YouTube videos offer free cryptos but are a trap to show advertising, to get you to subscribe, to try to sell you something, or worse, to install malware on your PC or mobile. Don’t trust everyone who gives away cryptocurrencies. Look for information, check their references and the experience of other users.
Here are 3 methods to obtain free cryptocurrency:
1) Cryptocurrency mining
The safest method to get free cryptocurrencies is to mine them yourself. It is the safest because there are no middlemen, and no one will try to scam you.
Mining cryptocurrencies consists of running an algorithm on your computer that solves mathematical calculations. You receive cryptocurrencies for helping to calculate a new token, that is, a new unit of that cryptocurrency, and for helping to maintain the cryptocurrency’s blockchain.
Two things must be taken into account here: the power of the PC, and the price of electricity. Mining cryptocurrencies requires a very powerful PC with a high-end gaming card, running at maximum performance.
Most cryptocurrency miners use dozens of cards connected and working in parallel, but if you want to give it a try, just go to the official website of the cryptocurrency you want to mine, download the mining software, and install it on your PC. Leave it on 24 hours a day.
2) Faucets
A faucet is a service that gives away cryptocurrencies in exchange for fulfilling certain tasks. It is called a faucet because it drips cryptocurrencies every so often.
There are different types of faucets. There are those that give away cryptocurrencies through a lottery in which you can participate by means of tickets. You get some for free, but others can be bought with money, or by completing different simple tasks such as watching an ad, launching a video, visiting a website or creating an account in a certain app.
Other faucets pay in cryptocurrencies directly, with no draws, for completing slightly longer tasks: watching full videos, filling out surveys, watching ads, spending a certain amount of time on a website or evaluating products. These services usually pay in satoshis, which is the minimum unit of Bitcoin.
It is important to keep two things in mind, with faucets. First, they are a major source of scams. Services that never pay, or that disappear without a trace. They are also used by cybercriminals as a clickbait to lure people in and steal their data, accounts, etc. For these reasons, you must only use reputable faucets and never give out data in faucets that you have not thoroughly researched.
3) Airdrops
It is a marketing stunt that involves sending coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. Airdrops are usually carried out by companies that operate with cryptocurrencies or by the creators of cryptocurrencies themselves. The reason is that cryptos need people to trade them in order to rise in value. Otherwise they stagnate. That is why from time to time they are given away, either to raise their price or to promote the company.
Normally to get these free coins you have to register on the website or app of who gives them away, and meet some advertising requirement, such as writing a message on social networks, to spread the name of the company.
Fulfilling the condition you either enter a sweepstakes, or you directly get the cryptocurrencies in your wallet.
