The number of Bitcoin users worldwide will reach 1 billion in 2022. Though the crypto market has been bearish over the past couple of months, Bitcoin owners are hopeful about a comeback.
There are a few main ways of buying Bitcoin — from crypto exchanges, crypto brokers, and directly from some other crypto holder. But today, we’ll not talk about buying Bitcoin. We’ll talk about getting free Bitcoins. This is an opportunity to learn how to stack sats and get more BTC just from doing the things you are already doing.
Let’s check out some apps and platforms that let you earn free Bitcoins.
sMiles App
sMiles (stylized $Miles) is an iOS and Android app that gives you free Bitcoins for performing tasks like:
- Walking 10,000 steps a day
- Online shopping from selected platforms
- Filling out surveys
- Playing in-app games
sMiles is a no-nonsense app with transparent user policies. Depending on which tasks you perform, you get Bitcoin Sats. Each Bitcoin has 100 million Sats. When Bitcoin’s price goes up, the value of each Sat also goes up.
When you shop through the sMiles app, you get cashback in Bitcoin. The more you shop, the more cashback you earn.
sMiles also gives you free Bitcoins for playing games. There are three games on the app – Satoshi’s Wheel, Fort Nakamoto and Chess. The more you win, the more Bitcoin you get.
Walking, jogging or running is another way of getting free Bitcoins through sMiles. If you get more than 10,000 steps in a day, you can get free Bitcoin rewards.
The simplest way to get Bitcoin in sMiles is by following out surveys. These surveys are on a range of subjects and vary in length and complexity.
The sMiles app also has a global leaderboard for the most active users. sMiles rewards its active users more than inactive users. Compete with others to move ahead on the leaderboard. High-ranked users are more likely to get great deals and cashback offers.
It’s safe to say that sMiles is one of the best apps that gives its users free, withdrawable Bitcoins.
Withdrawals
While some apps force you to spend your earned Bitcoins in the app only, sMiles lets you withdraw your Sats directly to your crypto wallets.
sMiles uses the Lightning Network to process withdrawals. The Lightning Network is a fast, easy, secure, and cheap way of transferring Bitcoins.
To withdraw funds from sMiles, you must have a Bitcoin Lighting wallet app. Some of the most popular Bitcoin Lighting wallet apps are Wallet of Satoshi, BlueWallet, Muun, Breez, and Phoenix. You will have to pay a small processing fee to withdraw your Bitcoins into USD or other currencies.
Verdict
sMiles is a secure app to earn free Bitcoins. If you use the app consistently, you will accumulate a sizable Bitcoin holding over time.
Lolli
Lolli gives you free Bitcoins for shopping online. With more than 1000 partner stores, Lolli is the best way to shop and get free Bitcoin. Lolli gives you Bitcoin cashback for shopping from leading stores like Nike, Microsoft, eBay, and Lowe’s.
Lolli works as a browser extension and is completely free. You can simply add Lolli to Chrome, Edge, or Firefox and shop from your preferred stores to get free Bitcoins. Lolli is also available as a smartphone app, and app users get special perks and offers.
You can choose to take Lolli cashback in fiat currency ($) instead of Bitcoin as well. Lolli gives its users up to 30% cashback for each transaction.
How Lolli Works
Once you install the Lolli extension in your web browser, it starts working automatically. All you have to do is visit any of the partner stores from your web browser. Once you are at the store website, Lolli will alert you to activate savings.
Once you activate savings, proceed to shop as usual. If your order is not eligible for free Bitcoin cashback, Lolli will notify the same. In every other case, Lolli will send Bitcoins directly to your crypto wallet once the merchant confirms payment.
Note: You cannot earn free Bitcoin from Lolli if you have other cashback extensions or coupon sites installed in your browser. Merchants consider only one platform for cashback, coupons, etc. Disable or uninstall other apps and extensions before using Lolli.
Withdrawals
It’s not necessary to have a crypto wallet to get Bitcoin cashback in Lolli. However, if you want to withdraw your Bitcoins from Lolli to some other platform, you must have a crypto wallet. You can even withdraw it in cash to any US bank account. To withdraw Bitcoins, you must have earned Bitcoins worth at least $15 in cashback.
Lolli takes full responsibility for your winnings as long as it’s stored with Lolli. Once you withdraw your winnings to another crypto wallet, Lolli is no longer responsible for managing it. At the same time, you cannot convert your Bitcoins into cash without taking them out of Lolli.
Verdict
Lolli is a great platform to get free Bitcoins if you are a frequent shopper. Most importantly, it supports 1000+ stores including Adidas, Booking.com, Hotels.com, GoDaddy, Gap, Walgreens, Dashlane, and many more.
BlockFi
BlockFi is not just a cryptocurrency exchange or brokerage. It’s a complete ecosystem for crypto enthusiasts. If you have spent some time in the crypto circles, you must have heard of BlockFi.
There are several ways of earning free Bitcoins in BlockFi, but it doesn’t work like Lolli or sMiles. You cannot earn crypto from shopping or filling out surveys in BlockFi. However, you get both rewards for transactions and interest in crypto deposits. These are the two main ways of getting free Bitcoins in BlockFi.
Another way of getting free Bitcoin through BlockFi is its Crypto Rewards Credit Card powered by Visa.
Let’s go through them one by one:
BlockFi Rewards Visa® Signature Card
The BlockFi Rewards Visa® Signature Card gives 1.5% cashback in Bitcoin for every purchase. It works like a traditional credit card but offers crypto cashback instead of fiat cashback.
Here are the salient features of the BlockFi Rewards Visa® Signature Card:
- Up to 10% cashback on select brands and restaurants
- Get your cashback in Bitcoin, Ethereum, or choose from 15 other cryptocurrencies
- No foreign transaction fee or annual maintenance fee
- 2% cashback instead of 1.5% after $30,000 annual spending
- Get 0.25% cashback on eligible crypto purchases
To get the BlockFi Rewards Visa® Signature Card, you must first make an account with BlockFi and check if you are pre-approved.
BlockFi New User Promo
Under the BlockFi new user promotion (blockfi1000), you can get crypto rewards for buying and selling crypto within 30 days of signing up. A tiered system determines how much you will get in crypto rewards. The tiers look like this:
Tier 1 : Buy or sell $1,000 – $1,999 total in crypto : Payout in BTC $10
Tier 2 : Buy or sell $2,000 – $4,999 total in crypto : Payout in BTC $25
Tier 3 : Buy or sell $5,000 – $9,999 total in crypto : Payout in BTC $70
Tier 4 : Buy or sell $10,000 – $24,999 total in crypto : Payout in BTC $175
Tier 5 : Buy or sell $25,000 – $99,999 total in crypto : Payout in BTC $450
Tier 6 : Buy or sell $100,000+ total in crypto : Payout in BTC $1,000
BlockFi Interest Account (BIA)
By depositing cryptocurrencies in your BlockFi Interest Account, you can get up to 7.5% APY (annual percentage yield). For Bitcoin, the highest APY is 3.5%. If you’re depositing more than 0.35 BTC, you get 2% APY.
Verdict
BlockFi is not a rewards app. It’s a complete crypto ecosystem that rewards loyal and long-term users. Naturally, both the risks and rewards are higher in BlockFi compared to other reward platforms.
Conclusion
With these apps and platforms, you can safely get free Bitcoins. You can hold Bitcoins as an investment, or buy products and services with them.
