How can I buy bitcoins? - CoinDesk

How to easily get bitcoins?

Bitcoin Exchanges / July 2, 2022

Bitcoins are a relatively new digital currency that exists only within the world wide web. The cryptocurrency does not have any value on its own, but it is created in the process of social interaction. Only because of communication, the value – and price – is formed.

Bitcoin supply and demand

Everything in the world of Bitcoin is about supply and demand – those two basic economic categories. Humans tend to value those things the most which have a limited amount or a limited potential amount.
The supply of the coins is limited, as the system’s creator Satoshi Nakamoto has foreseen. There will be no more than 21 million Bitcoins. That’s it. This is what makes Bitcoin extremely valued. On the one hand, it is half-asset, half payment unit. On the other hand, it is an innovation which turns the whole financial system, along with its unresolved security issues, centralised control, or constant inflation, upside down. It is no wonder that the demand remains quite high among those who know what Bitcoin actually is.

Everyone wants their free Bitcoin

Under such circumstances, everyone wants their Bitcoin. While their supply is predetermined and the demand only grows, the price remains very competitive, as the people see the thing’s value. Currently, one Bitcoin is worth approximately 580 USD, which is not what an average person can invest at once into something which is of a very volatile nature. Everyone though would like to know how to get free Bitcoins fast and with no hassle.

How to get Bitcoins for free

For those who do not want to buy Bitcoins, there is an alternative solution – they can accumulate an entire coin while using various tools that explain how to get free Bitcoins fast.

1. ChangeTip

While Bitcoin costs over $200, it can be divided into really small fractions, one hundredth of a millionth of Bitcoin. They are called satoshis, and every single one of them currently equals less than one millionth of a dollar. Thus, it has been known a perfect solution for micropayments. The idea has been used by a Reddit-based service called ChangeTip (which then migrated to Twitter< YouTube, and Facebook). We have already had a post about this phenomenon in our blog.

Tipping works in a completely different way than other ways of how to get Bitcoins for free. The idea is that you post some content, and the users decide whether they find it useful or appealing to their interests. Then they determine how much they will pay. On Reddit, most tips are very small, usually close to a few cents. However, some generous tippers prefer being courteous enough to send a few dollars.

There is some serious criticism about the tipping system. Many believe that sending someone two cent is impolite, if not offensive. On the other hand, there is always the fun of using ‘monikers’ (names employed instead of particular amounts of coins) when you get tips in ‘donuts’, ‘coffees’, ‘lunches’, or ‘martinis’.

2. Visiting websites or doing small tasks

Another way of receiving small amounts of coins is visiting Bitcoin-related websites or doing small tasks on the web. There are numerous websites which provide this opportunity to earn some free microBitcoins. For example, you can see BitVisitor or FaucetBTC. It can be anything that you get paid for, from just visiting the pages and staying on them during a certain amount of time to playing games and doing surveys. You can do the latter on BitcoinGet and BitcoinReward.

3. How to get free Bitcoins fast with Faucets

A popular word in the Bitcoin community is ‘faucet’. In other words, faucets can be called just giveaways. They work on the principle described above – you earn your free coins with a predetermined regularity, for example, every 5 minutes, or every day. The websites offer absolutely different kinds of activities for which users get paid.