What is Bitcoin?
The concept of Bitcoin has been in existence for years now; however, some people still have little or no information on what Bitcoin is. On this note, what exactly is Bitcoin? Bitcoin is a digital currency that was created in 2009 with the aim of making it a new type of payment network and a new type of money. Bitcoin became one of the largest cryptocurrency and was easily created, distributed, and traded with as it had no central authority and are neither backed by the government or any bank. In other words, no one had control or owned bitcoin as it had an open-sourced feature making it available to everyone plus bitcoin also makes use of peer-to-peer technology in other to fast track payments. Since its introduction, Bitcoin has risen significantly as well as also dropped; however, it continues to gain prominence and shows signs of gaining more grounds in years to come. One significant benefit that bitcoin provided is that it allows you to spend less on international payments, this is as a result of the fact that bitcoin is not bound by any regulation or tied to any country. Over the years, specific programs like free bitcoin faucet have been introduced to help people earn free extra bitcoin without having to spend a dime.
Win Free Bitcoins Every Hour!
Bonus Bitcoin And Bitcoin Casino Faucet
Bonus Bitcoin is usually offered by free bitcoin faucet, and it generally provides you the benefit of earning free bitcoin or Satoshi based on tasks performed. The concept of bonus bitcoin was introduced with the main aim of promoting bitcoin to a broader audience. Some bitcoin faucet pays out over 5,000 Satoshi every 15 minutes. Gavin Andresen made the first bitcoin faucet and at that time, it dispensed a total of 5 whole bitcoins. However, websites like Uulotto.com are bitcoin casino faucet which allows you to get free bitcoin as a reward for completing an action, activity or game, in other words, every hour you can test your luck by playing a simple game in which you could win over $200 in free bitcoins. Bitcoin casino faucets continue to gain more popularity, and its landscape is ever dynamic. A lot of bitcoin casinos are gaining prominence due to the variety of Bitcoin bonuses which are available to players, and some of these bonuses could include;
A lottery which allows you to win prizes weekly
Bitcoin welcome bonus, which you get the moment you join a casino; this is generally used as a means to catch the attention of many users.
A referral bonus is self-explanatory as it is a bonus earned when you invite a friend to sign up.
A Deposit Bonus which some casinos offer, and they usually go straight into your bitcoin wallet. Most times, this bonus is to let you play more of their games and generally have a brief experience of what the casino is offering.
Bonus bitcoins are some of the best ways to get extra bitcoins for free without any stress. However, free bitcoins can still be acquired through other means, but generally getting additional bitcoins without too much work involves playing your cards right.
How To Get Free Bitcoin
A lot of people who earned a lot of bitcoins back in the day where simply those who got a lot of free coins from bitcoin faucets. Currently, today there are still numerous ways to get free bitcoin ranging from giveaways, following crypto influencers on social media sites, airdrops, referral programs, viewing ads, tipping, amongst others. These are just some of the inexpensive ways you can earn free bitcoins, but how do they work?
One of the best and cheapest ways of coins is by taking advantage of referral programs based on something you have or can use to attract a broad audience. For example, if you have a website, blog, or a large number of friends on your social media handle, you can use that as an advantage by taking part in a referral program that pays in crypto. Some referral programs allow you to earn a certain percentage based on the number of people you refer to the platform, and usually, for some, there is no limit to how high you can earn, meaning the more you refer, the more you earn.
Tipping has become common in crypto communities, and it allows people to benefit from free coins based on their active participation. Some crypto communities usually reward their active members with free tokens. These can be earned by hosting meetups, educating new users about bitcoin, owning businesses that adopt bitcoin cash as a means of payment, amongst others.
Usually, some websites provide the opportunity to earn free bitcoins just by watching ads or videos. Often, they could be small amounts, but when continuously done, you can stack up quite a fair number of bitcoins in no time.
Airdrop is a way of tasting a new token that has recently been added to a trading platform whereby some of these new tokens are handed out for free to some users. Of course, in other to be in the know about new tokens will involve following the general online conversation on community forums and social media platforms, where there is a high chance of you coming across a new airdrop.
Following Crypto Influencers on Social platforms and giveaways
These two usually go together, and giveaways are one of the best ways of getting free tokens. Sometimes when you follow influencers on Twitter or other social media platforms, there is a high chance of finding someone who will willingly send you some free tokens or bitcoins in other to boost or general help you get started. There is a disclaimer to this as there are scammers who usually impersonate influencers, so you should be more cautious and also be able to see when something is too good to be true.
However, some platforms allow you to connect with top cryptocurrency influencers and investors like BitForex.
BitForex is a high-ranking cryptocurrency exchange service whose sole aim is to provide over 4 million users with safe, professional, and quality digital currency trading tools as well as investment vehicles plus to also connect you with top investors and traders. Bitforex has its headquarters in Hong Kong and also has other branch offices in South Korea, Singapore, and the United States. Bitforex makes uses of state-of-the-art financial technology and is ever dynamic as it adapts to go with the flow of the market needs by introducing new features like margin trading, enhanced trading charts, derivatives, among others. Bitforex base their success and positive results on the concept of customer-oriented culture, which seeks to guarantee the satisfaction of their customers.
BitForex is an exchange service platform that can be classified as one of the Top 10 cryptocurrency exchange services. It is focused on providing millions of users with a digital currency trading and investment tool that is not only safe but also professional and convenient. BitForex has a high customer-oriented culture and state-of-the-art financial technology.
BitForex is programmed in a way that it can quickly adapt to the changes of the Crypto market while introducing new features like margin trading, enhanced trading charts, derivatives, and a host of others. The headquarter of BitForex is located in Hong Kong, while there are branch offices in countries like the United States, South Korea, and Singapore.