The term ‘free Bitcoin’ is of course one that will lure crypto lovers in like a siren call but they should also proceed with caution. There are a lot of scams out there involving Bitcoin as criminals understand the allure of the flagship currency. This article will give you three of the best, and most legit ways, to earn free Bitcoin.
There are many different ways you can earn free Bitcoin but most of them should be ignored as they are not worth the hassle and work investors have to put in. The three actually legitimate ways are through cloud mining, staking, and airdrops.
We have chosen one project from each category that readers can check out for themselves. These are Bitcoin Minetrix (BTCMTC), Meme Kombat ($MK), and Hexhash (HEXHASH). So let’s get into how you can earn free Bitcoin through each project.
Bitcoin Minetrix- A revolutionary way to mine and earn Bitcoin
Bitcoin Minetrix (BTCMTX) is a revolutionary way to mine Bitcoin through cloud mining. For those unfamiliar, cloud mining is basically a service that allows individuals to mine Bitcoin without the equipment or advanced knowledge it normally takes to complete the task.
Of course, it's not as simple as that. Investors enter a cash contract with the company leasing out the mining power to cloud mine. The contract will specify the amount of hash power rented, the time period, and the fees paid. Unfortunately for the investor, the costs are normally quite high and a percentage of anything mined will go to the leaser.
The other main issue with cloud mining is it is rife with scams. Often people sign up and see some profits at the start to earn their trust. However, when deposits are increased suddenly the investor encounters difficulty withdrawing any Bitcoin they have mined.
Bitcoin Minetrix aims to solve this problem. They have come up with a revolutionary idea of stake-to-mine. How it works is investors can stake BTCMTX and this will then work as an entry card of sorts for the cloud mining system. The staked tokens will transform into hash power which can then be used to mine Bitcoin.
The main benefit of this system is that it is much safer for the investor when compared to traditional cloud mining. The staked tokens mean investors have full autonomy over their funds. It also of course cuts down on the huge costs that normally come with cloud mining.
Of course, the end product is mining Bitcoin so it is certainly one of the best projects to earn crypto's number one currency. The presale is literally a matter of hours old but has already raised over $110k and users can already start staking when they buy their presale tokens. A project to jump on board with for sure.
Meme Kombat- Wager on your favorite meme coins and win big!
Meme Kombat ($MK) is one of the more exciting projects we have come across so far. Crypto enthusiasts love innovation and this game-based token has that in spades. The presale has only just begun but over $100k has already been raised.
The basic gist of the project is it's a game that pits meme coins against each other in a battle arena. The best and brightest of the meme coin market will be included in the game which uses cutting-edge AI technology so users have the best gaming experience. The outcome of the battles will be determined on the chain so users can be guaranteed it's all above board.
Here comes our favorite part. Players can stake and wager on the outcome of the battles with their $MX tokens. It isn’t just as simple as betting on the outcome however, players can bet against each other, against the computer, and even side bet on certain aspects of the fight. Basically, the game has incorporated a sportsbook feel to give users the best possible experience.
So where does Bitcoin come in? Well, Meme Kombat also employs a staking system alongside their game. With 30% of the total allocation dedicated to community rewards, investors will be able to earn a passive income but also have the possibility of winning prizes that could include Bitcoin. This project has so many different aspects to it we are very excited to watch its progress.
Hexhash- Known for its staking rewards and airdrops
The final method of our best three ways to earn free Bitcoin is through airdrops. Hexhash (HEXHASH) is one of the crypto projects known for its generous rewards program. The project as a whole aims to be a main contributor to credential data networks through a decentralized infrastructure and cryptocurrency rewards.
Hexhash is hoping for greater adoption of their model so the more investors use their platform and engage with various aspects of it the more likely they are to receive big rewards. These are known to contain HEXHASH tokens but also other prizes that can of course include Bitcoin.
So to finish up, we want to reiterate our point that realistically there is no such thing as ‘Free Bitcoin’ but there are ways to earn it that are much better than others. That is why it is important to follow legitimate pathways to get to Bitcoin. The best of which is through Stake-to-mine projects like Bitcoin Minetrix or staking projects like Meme Kombat that offer rewards that could include Bitcoin.