7 Ways To Earn Free Sats
Whether you're a full-blown "HODLer", stacking every sat you can, or just want some bitcoin to play with, free bitcoin is good bitcoin.
Bitcoin has a fixed supply of 21 million (with 19 million already mined). Whatever you hold is your slice of the pie. And unlike a fiat savings account, it cannot be debased.
1 bitcoin = 100 million satsoshi or "sats"
So to become a "satoshi millionaire", you only need a stack of 0.01 BTC. That may not seem like a lot, but if bitcoin reaches the market cap of gold, then that 0.01 BTC would be worth $5,982.41 👀
How To Earn Free Bitcoin
- Sign up for Swan ($10 free)*
- Take advantage of bitcoin faucets (daily chances to win sats)
- Take advantage of bitcoin back rewards
- Play mobile games
- Bitcoin Twitter
1. Swan Bitcoin ($10 Free)
$10 of bitcoin isn't going to change your life, but getting skin in the game while you venture down the rabbit hole might.
If you decide bitcoin should become part of your long-term savings strategy, the best way to start is by dollar cost averaging with Swan.
2. Fold Debit Card & App
Fold is a debit card offering daily bitcoin rewards. You spin for sats after every purchase, get one free spin everyday, and receive extra rewards when buying a gift card.
For regular Amazon users, this is a great way to #stacksats without changing anything about your day-to-day.
3. Lolli App & Extension
Lolli is an app and web extension offering rewards from a wide variety of stores. You can win sats daily with their app and easily activate the extension when shopping on your desktop browser.
If you’re ever going to make an online purchase, check to see if Lolli will give you a reward. You can also link a debit or credit card for boosts!
4. Cash App
If you’re already a Cash App user, you can use boosts to earn bitcoin rewards.
And occasionally, Cash App will do a promotion where they give away free bitcoin; so it’s worth having a $cashtag set up and ready to go.
But the coolest part about Cash App is their Round Ups feature. It buys a small amount of bitcoin with the change of every purchase. It's not "free" bitcoin, but it's a great way to optimize your stacking.
5. THNDR Games: Earn Bitcoin Playing Snake
The most fun way to stack sats is with THNDR Games, a mobile app company letting you earn bitcoin by playing games!
They currently have four games you can download, but I never got further than Snake. I’m a sucker for the classics.
6. Bitcoin Twitter Plebs
There are a number of plebs on Bitcoin Twitter using giveaways to help with the adoption of Bitcoin's layer 2 payment rails, the Lightning Network. It's a great way to get real world practice using a mobile wallet to generating an invoice (it's easier than you'd think!). Typically you'll see something like this:
Not Your Keys. Not Your Bitcoin.
If you are on the fence about purchasing bitcoin, the suggestions above offer a way to get some skin in the game with minimal risk. It definitely won’t make you rich, but it sure beats airline miles.
Just remember, “not your keys, not your cheese.” I highly encourage you use these free sats to practice setting up a mobile wallet and taking custody of your bitcoin. You never know, you may want to tip someone some sats 😜.
Thanks For Your Time!
This is just the tip of the iceberg. Welcome to the Bitcoin rabbit hole.