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How To Get Free Bitcoin

  • January 30, 2022
  • 3 minute read
  • Li Noormohamed
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For those who are unaware of the booming trend of Bitcoin and other cryptocurrencies, you may be one of the many scratching your head wondering what exactly this new digital asset is. Bitcoin is a peer-to-peer system that enables online payments to be sent without going through a financial institution. The benefit of paying with Bitcoins is that it is more secure than traditional methods. In recent years, many crypto enthusiasts has dubbed Bitcoin an inflation hedge or a store of wealth (like gold).

  1. What is Bitcoin?
  2. Coinbase – Get $10 in BTC
  3. Nexo – Get $25 in BTC
  4. Gemini – Get $10 in BTC
  5. Celsius Network – Get $50 in BTC

What is Bitcoin?

Bitcoin is a digital currency that has reached a market capitalization in the billions of dollars. It was created by a group or individual in 2009 and introduced in online communities. Bitcoin is generated through β€œmining”, which is using computer power to solve maths problems. This verification process prevents the same bitcoin from being spent twice, and this system generates new bitcoins at a controlled rate. There is a finite amount of Bitcoin that can be mined.

Coinbase – Get $10 in BTC

Coinbase image

Coinbase is what most people think of when buying Bitcoin. It’s one of the most popular exchanges and probably one of the easiest platforms to use for someone who is new to this space. Coinbase has also an excellent reputation for one of the safest platforms around.

They often offer rewards to learn about new cryptocurrencies through simple questions which are multiple choice. The total rewards I earned from this hit highs of around $120.

Sign up to Coinbase and get $10 in Bitcoin when you buy $100 or more.

Sign up

Nexo – Get $25 in BTC

Nexo is a great platform for earning interest on your crypto balance. Their interest rates are very competitive and with some cryptos yielding up to 18% APR. Nexo allows you to earn, exchange or borrow against your crypto holdings.

What I like about Nexo, you don’t have to hold a minimum balance to get the best interest rates. The way Nexo works is if you hold a percentage of their native token, called the “Nexo token“. There are 4 tiers as part of their loyalty program: Base, Silver, Gold, Platinum, This means if you hold in <1%, 1-5%, 5-10% and over 10% respectively you get an increased interest rate. If you hold over 10% of your balance in Nexo, you will get their best interest rates as part of being on their platinum tier.

Sign up today and get $25 in BTC when you deposit $100 or more of crypto into your Nexo Account.

Sign up

Gemini – Get $10 in BTC

Gemini is another popular exchange based in the US. This platform is renowned for its simplicity and is one of the few exchanges that is FDIC insured up to $250,000 on US Dollar funds. Gemini’s deposit addresses store your assets in their insured hot wallet or institutional-grade cold storage system. Check out BitCaps’s review on Gemini here.

Sign up to Gemini

Celsius Network – Get $50 in BTC

Celsius Network provides a way for people to borrow and lend cryptocurrency in order to make the most of what they already own. Celsius Network provides crypto-to-crypto lending solutions. If you are looking to earn interest on your crypto holdings, then this is very similar to Nexo which we have already covered in this post. Celsius offers the best interest rates for its users who hold a certain percentage of their account balance in Celsius tokens, Click here to learn more.

Get $50 in Bitcoin when you sign up using this link below and deposit $400 or more into your Celsius account.

sign up to celsius
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