I have seen so many posts on social media, so many articles, and so many videos claiming that they will show you a zero investment system to get free bitcoins in hours! Yet they know very well that the method they are sharing with you can only give you at most $1 per day if you are lucky. However, we cannot totally nullify such content because there are indeed some exceptions whereby you can earn free bitcoins. In this article, we are going to discuss various methods on how to earn bitcoins without investment, their pros and cons, and the expected income.
1. Bitcoin Affiliate Programs
An affiliate program is one of the fastest and best ways to earn free Bitcoins. However, you have to work for it. There are a number of good affiliate programs whereby if you put in a substantial amount of effort, then you can reap big. There are people who earn $10,000 per month just from affiliate marketing! It is important to note that it takes time before you start earning $10k per month. Patience and hard work win.
Pros
Medium to high rewards
Rewards are scalable
You don’t have to work every day to earn bitcoins
Cons
Time-consuming
Zero rewards if no sign-ups or clicks
Expected income: Zero to $10k per month depending on the referrals and the affiliate program.
Examples of good and reputable bitcoin affiliate programs include Coinbase, Graviex, Coinmama, Virwox, Paxful, Bitbond, Bitpanda, Coinhouse.io, Trezor, Ledger, and many more.
Check out 20 Best Bitcoin Affiliate Programs To Earn Big.
2. Bitcoin Mining
This is the most popular bitcoin earning method. If you have the hardware and software capable of mining, then you just automate the process and start earning bitcoins. However, mining using your own hardware can be expensive since mining consumes a lot of power meaning high electricity bills. The good news is there is another method of mining bitcoins without investing in hardware- Cloud mining. Cloud mining is a method whereby you mine bitcoins via mining websites. There are two packages free and a paid package. Of course, you should expect to earn little coins up to $10 per day when using the free mining package and vice versa.
Pros
Easy to set up especially for cloud mining
Cons
Very expensive if you have to buy the hardware
Requires some technical knowledge
Expected daily income: Approximately $36 for hardware miners, $7 for free cloud mining package, and up to $4,000 for paid cloud mining services.
3. Crypto Airdrops
This is the easier and fastest method of earning free bitcoins. However, it does not come on a silver plate! You have to be updated on cryptocurrency airdrops so that none skips you. Airdrops are somewhat of a marketing effort to introduce people to their tokens and as a way to announce to the world: “Hello, here we are – please buy us!”. By airdropping these free cryptocurrencies you can then sell them at any given moment once the token is listed. While most airdrops are relatively worthless, some contain real gems. A popular platform to find the latest free airdrops to participate in is Airdropalert.
Pros
Easy to earn
A fast method to get free bitcoin
You can sometimes be lucky to earn a lot of money.
Cons
Some airdrops are of no value
Dynamic value due to market changes
Expected daily income: Depends on the number of airdrops and the value that you get.
4. Completing Small Tasks
This is the cheapest and fastest, at the same time a very low bitcoin earning method. For one to earn a substantial amount, you have to commit yourself to many hours. The tasks may be to click or visit a website, fill in surveys, reading books, play games, etc. These websites are also called faucets or PTC9Pay to Click) websites. Note you can only earn a fraction of the coins therefore don’t expect to earn a decent income through this method.
Pros
Very easy tasks to complete
Some faucets offer instant payment
Cons
Time-consuming
Very small rewards
Some tasks may contain malware hence affect your device
Expected daily income: At most $1 per day for performing tasks and more than $10 per day through their affiliate programs.
Examples of good faucets include Dogemate, and Cointiply
5. Writing About Crypto
There are many businesses out there looking for great content. You can write or contribute ideas to a company and get paid in cryptocurrency. An example of a platform where one can get paid to contribute his/her ideas to startup companies is Crowdholding. Note, for you to write great content, then you must commit to thorough research and quality work.
Pros
Steady and stable income once you establish yourself
Low risks involved
Cons
Time-consuming
Extensive research is involved
Conclusion
If you want to get a good amount of bitcoins fast, then you need to spend money buying and investing them or pay a mining service from a reputable bitcoin miner. To earn a substantial amount of bitcoins for free, you need to work hard on bitcoin affiliate programs, keep on checking bitcoin airdrops and spend a lot of time doing small tasks on bitcoin faucets.