Here are some of the legitimate ways to get free Bitcoins without mining:

Legitimate Ways to Earn Free Bitcoins

Here are some effective methods to earn free Bitcoins:

#1) Binance – Earn Bitcoin by Learning

You can earn Bitcoin by learning about Bitcoin from websites like Binance Academy. This site offers various courses and videos about crypto. You just need to answer the quiz questions or need to clear some specific tasks. Based on that, you will be rewarded with a small portion of a specific crypto coin.

You need to register yourself on the Binance Academy website. It is one of the best sites that offer Free Cryptocurrency for Signing Up. Build your blockchain knowledge, complete quizzes, and earn free crypto.

#2) CryptoTab Browser – Earn Bitcoin using Browser

CryptoTab Browser has a unique built-in mining algorithm that lets you earn free bitcoins while surfing the internet. The payouts are made every day with no commissions.

#3) Freecash.com – Earn Bitcoin to Watch Videos

Freecash.com is the fastest-growing website to make money online. Users already got $14 000 000+ by filling out surveys, completing tasks, playing games, or making sign-ups. If you earn some money, you can withdraw it instantly through Bitcoin and a few other cryptos, PayPal, bank transfers, gift cards, and many more.

#4) Cointiply – Earn Bitcoin to Watch Ads

Cointiply is a bitcoin rewards website that offers free bitcoins for completing easy tasks that anyone can do. The site is used by 2.7+ million users and is trusted. You can earn bitcoins for the following activities:

• Complete surveys/offers,
• Watching videos,
• Play games to earn
• View PTC ads
• Refer other users.
• Patriciate in bitcoin faucets

You can boost your earnings and get 5% interest on your accumulated points. You can withdraw your earnings in BTC, DODGE, DASH, or LTC. There are no withdrawal fees.

#5) Freebitcoin – Earn Bitcoin by Completing Surveys

Freebitcoin is a legit site to earn free Bitcoins that have already paid ~9 Bitcoins.

#6) Satoshi Hero – Earn Free Bitcoin by Playing Games

Satoshi Hero lets you earn Bitcoin by participating in Games of different genres. You will be spoilt for the choice of games you can play and will find a game of your liking. At the same time, you earn Bitcoins during play.

They can easily detect if you are using a VPN, and offerwall will be limited. More proof that the site is legit and only wants to offer true value to its advertisers who in-turn pay users like you.

#7) Allcoin – Earn using Bitcoin Faucets

Allcoin is another established site to earn BTC by Viewing Ads, Offerwalls, creating Shortlinks, Faucets, etc. Payouts are done immediately

#8) Roundlyx – Round-Up Everyday Transactions

Roundlyx will round up your everyday transaction and convert them into Crypto. For example, If your Mobile bill is $1.25, Roundlyx will round it up by $0.75, making a total of $2. The $0.75 will be invested in crypto of your choice in your preferred exchange.

This will allow a responsible dollar-cost-averaging approach while keeping assets securely custodied at your account.

#9) Using Bitcoin earning sites

• Freebitcoin.io: This earning site is one of the oldest and most favorite BTC faucets. You will get up to 200 dollars in free Bitcoins every hour by clicking on the roll button. You can earn a few Satoshi (the smallest unit of the Bitcoin) with every roll, and you can roll every hour.
• CoinEarn: This website is not a Bitcoin faucet, but you can earn up to 167 USD by learning about specific expert answers. It is the easiest #to earn free crypto.
• Blockreward.app: This Bitcoin earning site lets you earn Bitcoin when you shop, play games, try new products, or share your opinions. This site also allows you to redeem crypto rewards directly into your Uphold wallet. For every new user you refer, you and your friend are both rewarded with up to $2 of free crypto for every referral.

Also Check: Best Bitcoin mining software

#10) Cryptohopper – Arbitrage Trading

Arbitrage is the safest way to make money with cryptocurrency trading. It provides you an opportunity to buy a specific asset at a certain price. Then you can sell it immediately at a different place for a higher price.

You need to consider the price differences between exchanges, the speed of fiat money transfers, and access restrictions to find such opportunities to get Bitcoins from arbitrage. Hence, many traders use trading bots to automate the process. A bot can work 24×7 and trade based on the rules and strategies you define. Cryptohopper is the most recommended Crypto Trading Bot.

#11) Lolli – Shopping rewards

You can also earn free Bitcoin by doing your regular shopping online with the help of shopping reward companies. For that, you need to download an extension to your browser. When you check out various products, you will earn up cashback on your purchases in the form of a fractional amount of Bitcoin.

For example, Lolli gives you free Bitcoin when you shop over 1000 top stores. All you need to do is to download this app and start earning.

#12) Bitcoin Lending

It is another popular #of getting more Bitcoin wealth by using Bitcoin lending platforms. These sites connect borrowers that need crypto and crypto owners who lend their coins to earn specific interest. It is recommended to subscribe to Principal Guaranteed platforms like Binance Earn for lending.

#13) Referral Program by Binance

Affiliate programs are widely available in the cryptocurrency industry. For example, you can refer a friend to a service. Then both of you get a discount, accumulate rewards points, or get a BTC and fiat currency bonus.

For example, you can earn free Bitcoin by applying for Binance Bitcoin referral program. You can refer your friends and earn 20% when they make a transaction. Your friend also gets a discount of 20%.

On the Binance website, all the payouts are made in BTC and other altcoins. You can withdraw this amount to your account using Binance P2P

#14) Selling Products & Services

Selling products and services is another way to get free Bitcoins fast. You can make good money by selling any product or service and accepting Bitcoin as a payment method.

Many online eCommerce store owners are now taking Bitcoin as one of their payment options. Moreover, websites like Bitify.com allow you to sell things in exchange for Bitcoin.

#15) Play Mobile or Online Games to Earn Bitcoins

There are so many online games that reward small amounts of Bitcoin as a prize. It works similarly to Bitcoin faucets. The Bitcoin rewards encourage users to play games and view ads.

Therefore, gaming has emerged as a great source for advertisers to reach people by offering Bitcoin prizes. However, the reward amount tends to be very much low. Example: https://axieinfinity.com/

Sergey Selivanov, development director of the multifunctional blockchain platform Bringold, believes that January 2024 promises to be interesting and potentially highly profitable for Bitcoin investors.

According to our interlocutor, if spot Bitcoin ETFs are approved, there is every chance of seeing BTC above $50,000. If the instrument is not approved, the cryptocurrency, according to Sergey Selivanov, will fluctuate slightly above $40,000 for some time.

Our interlocutor noted that the correction, if there is one, will be insignificant, since the Bitcoin halving is ahead of the market.

Let us remind you that the event that traditionally brings BTC into growth may take place in April. Also, the growth of Bitcoin, even in the context of the refusal to launch spot ETFs, will be supported by economic uncertainty, including fears of recession or stagflation in the United States, our interlocutor believes.

“In this environment, investors are looking for safe havens for their assets, and some see Bitcoin as an alternative to gold or other traditional safe haven assets.

This will also support and increase the demand for Bitcoin,” Sergei Selivanov summed up his Bitcoin forecast for January.

StormGain cryptocurrency exchange expert Dmitry Noskov believes that BTC may well overcome the psychological level of $45,000 in January.

Our interlocutor explained his optimistic forecast by expecting a positive effect from the possible approval of spot Bitcoin ETFs and the approaching halving.

The founder and CEO of WAYMORR, Grigory Shchukin, supported the positive forecast for Bitcoin for January 2024. At the same time, our interlocutor warned investors about a likely increase in volatility in the market.

If spot Bitcoin ETFs are not approved and if global economic conditions worsen, as our interlocutor believes, BTC may enter a correction.

Lennix Lai, commercial director of OKX, also gave his Bitcoin forecast for January 2024. According to our interlocutor, the prospects for BTC in January depend on the interest in the cryptocurrency on the part of institutions. The launch of spot Bitcoin ETFs could fuel it.

Also, the growth of Bitcoin in January, according to Lennix Lai, may support the approach of halving and the interest of market participants in Bitcoin NFTs.

“In 2024, we can expect continued interest in ordinals. They became the reason for the influx of NFT capital into the Bitcoin blockchain and provoked debate about which direction the Bitcoin blockchain will develop next,” our interlocutor summed up his Bitcoin forecast for January.

XRP, as a token closely affiliated with blockchain payments company Ripple Labs Inc., had an eclectic year that was filled with both upturns and downturns. While the highlight of the year for XRP came when Judge Analisa Torres declared that the coin is not an investment contract, other events that proved XRP has what it takes to soar above $2 in the long term were showcased.

At the time of writing, XR is trading for $0.619, down by 1.74% in the past 24 hours. The coin remains the sixth most capitalized cryptocurrency, with a market cap of $33,622,431,375 and a trading volume of $1,056,519,189.

XRP to $2, Potential Timeline

Many analysts have their thesis about XRP price starting from 2024. Interestingly, artificial intelligence (AI) based algorithms like ChatGPT also maintain XRP price prediction that offers an intriguing perspective on the inherent potentials of XRP.

However, the race to $2 from the current price level may not come soon taking into account the predictions from crypto trading platform Changelly. Besides highlighting that XRP recorded 18 green days out of the 30 in this month thus far, Changelly posited that the coin may not retest the $2 price mark until 2026. For that year, Changelly projected that XRP might likely trade at a high price of $2.43 and a low price of $2.01. 

This contrasts directly with a ChatGPT projection that considers a $5 price mark a conservative one for XRP by 2024.

XRP’s Time to Shine

After recording an 83.43% growth in the Year-to-Date (YTD) period, XRP broke the 2022 annual record when the coin dropped by 59.2%. Notwithstanding, this growth is considered a poor performance when compared to the more than 1,000% growth printed by top rivals like Solana.

This outlook has heightened the sentiment that XRP is building up momentum to go on a major price run in the coming year, with institutional adoption and XRP Ledger (XRPL) evolution poised to catalyze the coin to shine.

Paine provides an in-depth analysis, highlighting key factors that could drive this significant value increase.

Analyst Predicts Potential Supply Shock in Bitcoin Market

Paine’s analysis lies in the forthcoming five years, during which approximately 750,000 new Bitcoins are expected to be mined. Drawing from historical patterns, the analyst estimates that 20-30% of the existing Bitcoin supply will likely become available for sale during the upcoming bull market.

The math behind $1M / #BTC by Jan 3, 2025 is simple:

In the next 5 years, 750,000 #BTC will be mined.

Based on prior cycles, about 20-30% of the existing supply will become available for sale in the bull.

I tend to think it’ll be lower than prior cycles (~10-15%) for many…

— Bit Paine (@BitPaine) January 2, 2024

However, Paine diverges from conventional expectations, positing a more conservative estimate of 10-15% due to several compelling reasons.

These include the recent emergence from a prolonged bear market, the ascendance of Bitcoin maximalists (“maxi hodlers”), the diminishing significance of “crypto” as a generic asset class (with a reduced inclination to rotate funds into alternative cryptocurrencies or “alts”), and the increasing recognition of Bitcoin as a treasury-class asset.

Factoring in these considerations, Paine anticipates an additional 2-6 million Bitcoins entering the market, bringing the total supply in circulation to approximately 2.75-6.75 million.

The catalyst for the projected surge is the anticipated influx of capital into the Bitcoin market. Paine estimates $1-5 trillion of capital is poised to enter the market over the next five years, driven by the increasing accessibility of this asset to institutional and retail investors alike.

Paine’s analysis aligns with the notion that most gains in the Bitcoin market typically occur within the first year following a halving event characterized by speculative fervor. Subsequently, a more gradual distribution of gains is expected.

Bitcoin Surges Above $45,000 and Dumps Later

Bitcoin surged past $45,000 on Tuesday, reaching its highest level since April 2022, as optimism surrounding the potential approval of exchange-traded spot Bitcoin funds fueled the market. The cryptocurrency reached a 21-month peak of $45,922, marking a strong start to the new year.

Investor attention has been focused on the potential approval of a spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC). Such approval is anticipated to open the market to a broader investor base and attract significant investments.

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However, the landscape changed later during the day, as BTC slumped by $3,000. This came amid reports that the US securities regulator might actually reject all spot ETF applications in January, just like it has done countless times in the past.

Ethereum’s Netflow Remains In The Positive Region

In the past 24 hours, Ethereum experienced a significant amount of liquidation, totaling $113 million, with more than $98 million coming from long positions. This substantial liquidation occurred in the wake of Ethereum’s price fall from its $2,400 peak down to a low of $2,100.

Data from IntoTheBlock reveals that over the last 48 hours, there has been a considerable inflow of Ethereum to exchanges, amounting to 1.281 million ETH, valued at approximately $3 billion. This influx is due to holders increasingly transferring their Ethereum to exchanges with the intention of selling during the price dip. Such a massive movement of assets to exchanges has hindered any potential bullish recovery beyond the $2,400 ma

Additionally, the likelihood of further bearish trend in the market is on the rise, as evidenced by a steady increase in Netflow over the last few days, according to data from IntoTheBlock. After experiencing a low point of -39K ETH on December 31, there’s been a significant change in the movement of Ethereum. More Ethereum is being transferred to exchanges as the incoming volume begins to surpass the outgoing volume.

As a result of this shift, Netflow has entered a positive phase, currently standing at 32K ETH. On the flip side, this scenario could also be perceived as bullish due to a significant increase in the outflow of Ethereum during the price drop, which has maintained a stable Netflow. Notably, the outflow in the last 48 hours reached an impressive $2.8 billion. This indicates that the decline of Ethereum’s price to the $2,100 level presented a lucrative opportunity for smart investors. This investment behavior has contributed to Ethereum’s price recovery, allowing it to rebound and reach the $2,250 level.

What’s Next For ETH Price?

There was an attempt by bulls to push Ethereum’s value past the $2,400 resistance level. However, the long wick indicates that there was selling pressure at these higher price points. Later, Ethereum’s price sharply declined, falling below its moving averages and touching the low near $2,100. As of writing, ETH price trades at $2,232, declining over 6% in the last 24 hours.

A slight positive aspect is the buyers’ response; they stepped in to buy the dip at the $2,100 mark and are now making efforts to maintain the price above $2,200. However, bears continue to pose risks near the 61% Fib channel.

The recent price movements suggest that the ETH price might continue to fluctuate within the $2,100 to $2,450 range for some time. For a more massive correction to occur, dropping to $1,900, the bears would need to drive the price below $2,000. In this case, ETH price hover around the $1,800 level.

Conversely, if the price climbs above $2,450, it could pave the way for a surge towards the ascending resistance line at $2,600. In such a case, we might see ETH price surging toward the $3,000 mark.

The Binance empire is “trembling” under the threat of enforcement action from US authorities and is losing its top managers – at least 1,500 employees have left in the last 3 months as the company began to cut costs and prepare for a business downturn.

While Binance is still a major player in the crypto industry, the crypto exchange now processes about half of all cryptocurrency buy/sell transactions, up from 70% at the start of the year, according to Kaiko.

The fall of the largest crypto exchange has huge consequences for the industry – and although smaller companies will take its place, liquidity in the market could evaporate in the short term, leading to a sharp decline in the value of tokens.

One institutional trader told The Wall Street Journal that his company conducted emergency exercises to quickly withdraw its assets from Binance in the event of a crash.

Yi He, Binance co-founder and chief marketing officer, promised the company would overcome the challenges in a message to employees last month:

Binance frequently invests in crypto and other projects, including X, formerly known as Twitter. Company co-founder Changpeng Zhao—or CZ, as he is known to X’s 8.6 million followers—is the most famous figure in the cryptocurrency world.

The U.S. Department of Justice has conducted a multi-year investigation that could lead to criminal charges against Binance and Zhao and billions of dollars in fines, according to people with knowledge.

Binance is also facing a Securities and Exchange Commission lawsuit alleging that the company and Zhao illegally operated in the US and misused customer funds.

The cryptocurrency exchange has acknowledged past mistakes but says customers’ money is safe and it is committed to complying with regulators.

“We have worked tirelessly to not only learn from the lessons of the past, but also continue to invest in teams and systems to ensure user protection,” said a spokesperson for the crypto exchange.

Binance launched in China in 2017, although it claims to be headless and has employees scattered around the world. The global crypto exchange website is available to traders almost everywhere, but the situation is changing, particularly in a number of European countries.

Activity on the local US exchange Binance.US has virtually disappeared, and the CEO, chief legal officer and head of risk recently left the company.

A few days before the dismissal of Binance.US CEO Brian Schroder, he said that revenue on the exchange had fallen by 70% since the beginning of the year.

Schroder told employees that Zhao must “deal with regulatory issues, hand over his packages.

US into a blind trust or sell your shares” so that the American platform continues to grow.

According to him, these steps will allow the company to unblock relations with banks and obtain a license. Zhao is the majority owner of Binance.US and the global exchange.

Binance and the Justice Department have been in negotiations for months, and there have been discussions within the cryptocurrency exchange about whether Zhao should resign, according to people familiar with the situation.

According to the WSJ, the turmoil at the company also hit employee morale.

“Some laid-off workers were given zero days notice of their dismissal. They simply couldn’t log in.

Is this a respectful attitude towards them? Do you have 2 weeks to quit? one anonymous employee asked Zhao in a general chat (nine others liked the message, but the question went unanswered).

The Justice Department also opened an investigation into Binance and possible violations of US sanctions against Russia and questioned the company’s chief compliance officer, Noah Perlman.

Pressure from the department was one of the reasons for Zhao’s decision to curtail his business in the Russian Federation, once one of its most important markets.

Bitcoin is up 150% in a year, and many are optimistic that growth will continue in 2024, CNBC reports.

It feels like 2023 was a year of preparation for the bullish wave that is yet to come. But sentiment is very optimistic for 2024 and 2025.

– Pascal Gauthier, CEO of Ledger.

The digital currency’s last all-time high of nearly $69,000 was reached in November 2021.

Since then, the crypto industry has faced many problems, from the collapse of coins and projects to bankruptcies and criminal trials.

FTX, one of the world’s largest exchanges, has collapsed and its founder Sam Benkman-Fried faces more than 100 years in prison after being found guilty of seven counts of criminal fraud.

Meanwhile, Binance executive Changpeng Zhao pleaded guilty to criminal charges and resigned as the company’s CEO as part of a $4.3 billion settlement with the US Department of Justice.

Биткоин может взлететь до 120 тысяч долларов – ответ

JP Morgan stressed that “excessive optimism” could work against Bitcoin next year.

In addition, the institution’s analysts noted that the above-mentioned event of halving miner rewards is “largely priced into” the asset’s current value.

Therefore, they do not expect huge profits over the next year, Watcher.Guru reports.

Throughout much of 2022 and early this year, Bitcoin struggled to find its place in the mainstream.

Indeed, the entire industry has experienced a cryptocurrency winter, which has raised many concerns about its ability to recover.

Now that 2024 is a month away, the excitement around this asset has never been higher.

Anticipation of the potential approval of an exchange-traded fund (ETF, an exchange-traded fund that invests directly in cryptocurrency) and the future halving of rewards has led to optimism about its potential.

However, one bank is not so optimistic about the cryptocurrency’s overall positive performance over the next year.

Additionally, according to JP Morgan, Ethereum could become a more productive asset in 2024.

The bank’s forecast for next year is “cautious”, taking into account many factors.

In particular, they pointed to the potential for overexcitement to eventually work against Bitcoin.

Subsequently, this led to the asset being overbought in the market, which had already taken into account the upcoming halving event.

Svenson tells his 71,200 YouTube subscribers in a new video that Bitcoin is in overbought territory on the weekly chart based on the Relative Strength Index (RSI) indicator.

The RSI measures the price momentum of an asset on a scale of 0 to 100 with a level of 30 and below indicating oversold conditions while a reading of 70 and above suggests overbought conditions.

“[On] the weekly chart for Bitcoin, we’re sitting in a very peculiar position and that is being above the 70 level on the weekly RSI…

If we can’t hold 70, that’s when you get these pullbacks. That’s when things start to come down heavily. As long as we’re bouncing off of 70, that is what I call a power trend. That is when we should expect the trend to be maintained.

If we fail 70, if we come back down, let’s say we bounce off of it and then eventually break below, that’s where you’re going to be looking for your correction. That’s where things are likely going to see some ugly liquidations at that point.”

According to Svenson, Bitcoin is likely to face an “area of heavy resistance” between the $57,000 and $60,000 price level.

“So if we have [spot Bitcoin] exchange-traded fund (ETF) approval plus pumping-like bullish speculation and everybody that has just aped into the market is rewarded, well we’re going to become really top-heavy for Bitcoin.

And if we reach this zone [$57,000 – $60,000] without a correction beforehand, that’s where I would think we would probably see a flush before gearing up for the all-time high break. A final flush is always possible.”

Bitcoin is trading at $43,737 at time of writing.

The wallet designated as 0x8B20 took a bullish stance, deploying a total of $3 million USD in stablecoins to acquire 35.18 WBTC at $42,641 each and 674.18 ETH at $2,225 each.

After the BTC/ETH plummeted, 2 whale wallets bought $WBTC and $ETH at the bottom.

0x8B20 spent 1.5M $USDC to buy 35.18 $WBTC at $42,641 and spent 1.5M $USDC to buy 674.18 $ETH at $2,225.https://t.co/gKzuJwCPu8

0x4198 spent 1.5M $USDC to buy 35.12 $WBTC at $42,708 and spent… pic.twitter.com/ftmQKBbtXR— Lookonchain (@lookonchain) January 3, 2024

This strategic action by cryptocurrency whales is a significant indicator of strong market sentiment. Such movements often suggest a belief among experienced investors that any forthcoming dips in price will be short-lived, offering quick recovery and providing upward momentum. Following the whales’ lead, the crypto market has recouped over 5% of its value, suggesting resilience and a possible trend reversal on the horizon.

The potential approval of a Bitcoin ETF is a critical factor that could catalyze a market turnaround. Despite the common “sell the news” events that often follow such announcements, the approval of a Bitcoin ETF would likely boost investor confidence, attracting institutional money.

As the market navigates through these turbulent waters, the actions of whale investors offer a glimmer of optimism. The significant investments from these large-scale holders suggest a belief in the enduring value of cryptocurrencies like Bitcoin and Ethereum. If the ETF receives the green light, we may well witness a significant rally, affirming the whales’ bullish maneuvers and potentially leading to a market reversal that could reshape the investment landscape.