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Five Legal and Illegal Ways To Earn Free Bitcoins In 2021

With Bitcoin exploding in popularity… people are naturally asking “How can I earn Bitcoin for free?!” Now earning Bitcoin for “free” is absolutely possible, but not always legal. In this article, I am going to cover a handful of ways that people around the world generate free Bitcoins for themselves.

I’m in NO WAY condone illegally earning free Bitcoins, but this article could possibly help you from losing your Bitcoins as well… so let’s get started.

1. You could steal some Bitcoins.

Sadly, there is a variety of ways that people are able to steal Bitcoins from individuals and companies. I’m going to break down a few of the more common ways and a few of the less common ways.

1a. Extortion. When I think of extortion… I usually imagine a few heavy-set Italian gangsters telling some small store owner that it appears he needs _______ service or maybe something bad happens! This isn’t how extortion happens on the internet in 2021. Services are usually extorted one of three ways online these days: DDoS attack, File Encryption, or threat of legal troubles.

DDoS Example: “we see your internet service has been doing very well lately. i wanted to inform you that if you do not pay 1 Bitcoin to ____ that your service will not do so well next week because it will be offline. if you review your system log information from last night, you will see that we successfully took your service offline for 10 minutes. this is not a joke. next week we will take your service offline Monday to Friday if we are not paid.”

File Encryption Example: “we have encrypted your computer networks files. you must pay 1 bitcoin to ______ or your files will be lost forever. we are a serious organization and your information will be deleted in 7 days if we do not receive the bitcoins. when buying bitcoin, do NOT tell them that you are paying us… if you do, they will not sell you the bitcoins and we will delete your network.”

Legal Trouble Example: “we have found that one of the porn websites you visited included pictures of an underage minor. this was very naught of you but we will keep your secret for 1 Bitcoin. you must send this 1 bitcoin to _____ within 7 days or we will send a copy of your browser history and information to the FBI, your wife, and your children’s teachers.”

2a. Phishing. It sounds like fishing, but it’s a lot less smelly! Phishing is basically when someone tricks a user into thinking they are on a trusted website, but the reality is that the user is on a criminal’s website! Phishers target both legal and illegal websites. Professional Phishers take advantage of Tor browser having confusing URL’s for example… it’s also hard for a victim that was trying to send Bitcoin to an illegal market place to file a criminal complaint against a fake illegal market place!

3a. Horribly designed website flaws. A great way to earn some free Bitcoins is thinking outside of the box while you’re using services that use Bitcoin. I can not tell you how many services I’ve used that had mistakes that gave free Bitcoins!!!! Not just little services, but like LARGE Bitcoin services with BIG fucking mistakes haha! Always keep your eye out 😉 Here is an example of a sportbook service that allowed users to transfer their “locked” Bitcoins to a new account and withdraw: https://bitcointalk.org/index.php?topic=257496.msg2744140#msg2744140

2. You could offer a service. I feel like this is pretty self-explanatory, but really try to think outside of the box as far as services go. One of the easiest ways to earn money selling products online is “Dropshipping”. Dropshipping is where a customer places an order with you, then that order is placed with the real vendor and the middleman keeps the change! It’s wonderful until you get someone requesting an exchange or a refund, but in the cryptocurrency world… exchanges and refunds are a bitch regardless!

3. Defaulting on Bitcoin loans. My general rule of thumb is NEVER give anyone a loan using cryptocurrency… it’s just to hard to collect on bad debts. This doesn’t mean that there isn’t a HUGE line of people waiting to try to earn 10% on their Bitcoin by giving a stranger a loan on the internet… dumb dumb dumb! We call this “Chucking” someone (aka defaulting on a bitcoin loan).

4. Buying Bitcoin with a reversible method. This is probably the largest of all the cryptocurrency scams over the past 10 years… and no one talks about it! Basically, the scammer finds a target that is willing to get paid via Paypal. The scammer then sends the funds to the target, the target sends the Bitcoin to the scammer and then the scammer emails Paypal saying they have been hacked! Paypal then gives the scammer back their money and the person that send the Bitcoin is now left with nothing.

This scam works for a number of services: Paypal, Credit Cards, Debit Cards, Venmo, CashApp, and basically any financial service that “normal” people use that isn’t actually cash or wire! The general rule of thumb is do NOT sell your Bitcoin to a stranger for anything that is very convenient haha.

5. Find a Bitcoin sponsor or affiliate system! I wanted to end this article on a legal option that many people haven’t thought of…. Find a sponsor!!! There are literally thousands of Cryptocurrency and Blockchain companies that are just dying to get their brand out to people. Be that bridge and it may be hugely rewarding for you!

FreeBitcoins.com for example offers an affiliate system that pays 50% of all trade fees for life on referred users. All you need to do is get people to click the link we provide you and you’ll get paid for every trade they make… it’s really simple and more information can be found hereafter you register on the FreeBitcoins altcoin exchange: https://freebitcoins.com/xchange/profile/affiliate

Good luck and have fun!!

Categories
News

FreeBitcoins.com Clamcoin (CLAM) Exchange Links 2021 Updated

FreeBitcoins exchange: https://freebitcoins.com/xchange/market/Clamcoin

FreeBitcoins swap tool: https://freebitcoins.com/swap/

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News

Where To Buy Namecoin & Sell Namecoin In 2021? Click Here!

FreeBitcoins.com exchange offers Namecoin trading using Bitcoin only. Buy Namecoin and sell Namecoin easily in minutes with a simple noninvasive (no KYC) signup processes. Withdrawals are all basically instant as soon as the button is pushed and there are no withdrawal limits (you always have full access to your balance.)

Come trade Namecoin with Free Bitcoins exchange today: https://freebitcoins.com/xchange/market/Namecoin

List of other Namecoin exchanges: https://www.namecoin.org/exchanges/ (We are listed here as a “Bronze” exchange)

You can also get free coins from our faucet to trade: https://freebitcoins.com/faucet/

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News

Buy Wownero and Sell Wownero Anonymously | Trade Wownero

FreeBitcoins.com exchange allows users to buy Wownero and sell Wownero anonymously. Trade Wownero safely and easily using FreeBitcoins fully automated exchange (XChange) or accountless using FreeBitcoins Swap tool. There is no money used on our website, thus our users are not subject to KYC requirements to trade Wownero with Bitcoin.

Sign up today and start trading on XChange: https://freebitcoins.com/xchange/market/Bitcoin-Wownero

Start trading without an account using Swap: https://freebitcoins.com/swap

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News

Trade Wownero and Monero Anonymously on FreeBitcoins.com’s Exchange

FreeBitcoins.com allows users to buy and sell Wownero and Monero for Bitcoin and other altcoins while leaving their privacy still intact. Trading anonymously is a key feature of many of these crypto markets against the Bitcoin market.

We do not support fiat markets, but we do support Bitcoin markets for WOW and XMR. This is how we allow our users to continue to maintain their privacy while using FreeBitcoins.

If you would rather not register an account our “Swap” tool is a perfect option for making a market order on our exchange. You are able to trade WOW directly for XMR, Bitcoin or the other cryptocurrencies we offer!

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News

FreeBitcoins Downtime 12-17-2020

XChange suffered an outage today and our Bitcoin withdrawals were temporarily paused.

We have fixed the issue with XChange and Bitcoin withdrawals are processing as normal again.

Sorry for any inconvenience this may have caused!

Steven Steiner
BayAreaCoins
FreeBitcoins.com

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Listing

FreeBitcoins Lists Rhombus (RHOM) Cryptocurrency On Exchange

FreeBitcoins recently announced the intent of listing the new cryptocurrency, Rhombus (RHOM), to our exchange. We intend on offering RHOM trading as soon as the wallet is available for us.

We will post another blog when Rhombus is launched! Stay tuned!

Update: This Rhombus is not an Ethereum token and is not related to any other “Rhombus” projects.

Double update: It looks like their launch date will be December 20, 2020.

Triple update: Launched https://freebitcoins.com/xchange/market/Rhombus

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News

How To Use FreeBitcoins.com In 2020! Is FreeBitcoins.com legit? Can I Get Free Coins? Find Out In This Video!

This Youtube video will explain to you exactly how to use FreeBitcoins.com, and you can see with your own eyes that the website legit! The video can be found here: https://www.youtube.com/watch?v=3RyG4X_sQE8

I believe this 16-minute video will answer any question that you may have about FreeBitcoins, and it shows how well the website works.

Keep in mind this video is completely unedited, so it gives the user an excellent feel on what actually to expect when using FreeBitcoins.com

Please be sure to share this video with your friends who may need help learning to use FreeBitcoins.com. 

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Listing

Wownero Exchange

FreeBitcoins is officially announcing the listing of Wownero (WOW) to the Faucet, Swap Tool, and XChange. FreeBitcoins will enable people around the globe to be able to buy and sell Wownero privately and fast.

Wownero is a privacy-based cryptocurrency code fork of Monero (XMR) and has a few minor rule changes.

The main FreeBitcoins Wownero exchange webpage can be found here: https://freebitcoins.com/xchange/market/Wownero

Wownero’s Bitcointalk post can be found here: https://bitcointalk.org/index.php?topic=3088712.msg31862070

FreeBitcoins.com CEO, Steven Steiner, had this to say: “We are really excited to be supporting Wownero. I’ve long since been a fan of the goofy “DOGE”-like feeling in cryptocurrency and I think privacy is something that is going to become a serious topic in the very near future. WOW has a strong community, a low market cap, and very few markets supporting their project. That makes Wownero a perfect fit for FreeBitcoins and we look forward to seeing how the future unfolds for this great project.”

Users get a free online Wownero wallet when they registered on FreeBitcoins exchange. These wallets can be used for mining and other online activities!

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News

How To List An Altcoin Listed On FreeBitcoins Faucet and Exchange For Free

Getting your favorite altcoin listed on FreeBitcoins.com is extremely easy and free.

You need to stand out just a little bit and be backing a solid project. Here are three free ideas for ways of getting listed on FreeBitcoins.com!

1. I recommend making a post on our Bitcointalk located here: https://bitcointalk.org/index.php?topic=5250165.msg54475482#msg54475482

2. You should also chat about your coin in our live chatbox… someone will chat back and ask questions.

3. Finally, open a support ticket and let us know all of your essential links: https://freebitcoins.supportsystem.com