Apps to earn bitcoins on Android

Using games

At the beginning of 2024, cryptocurrencies are actively used in the entertainment industry. The first games allowed you to earn Bitcoin without investment, but in fact were interactive bitcoin cranes. To get the reward, users performed various actions: entering captchas, watching ads and others.

With the development of blockchain technology, a new cryptocurrency sector has emerged – GameFi. Such projects combine game mechanics, NFT tokens and DeFi (decentralized finance). The growth of GameFi’s popularity started in 2021. Many full-scale projects appeared on the market in which users received digital assets for their gaming experience.

Using faucets

These are platforms that pay users for viewing ads, solving captchas, and performing other easy actions. You can’t earn a lot on faucets – the reward is calculated in satoshas. It is better to use such services only to familiarize yourself with the market of digital currencies.

The only way to increase the profitability of the faucet – to invite users through a referral program.

On exchanges

Trading is a popular way to get cryptocurrency. Speculators buy and sell assets on an exchange. Often traders trade from a computer because of convenience, but modern applications allow you to work from a mobile device as well. The disadvantage of speculating on the exchange – success depends on the amount of knowledge and experience.

The most popular trading strategy is to buy an asset cheaper and sell it more expensive. It is often used in spot trading. There is also margin trading, which involves the use of leverage. This financial instrument increases the profitability of transactions. Derivatives(futures, options, CFDs and ETFs) are used by experienced traders.

Best cryptocurrency earning apps for Android

The Google Play store offers various programs for earning income in digital assets. At the beginning of 2024, the best apps for earning bitcoins on Android are considered to be:

• Bling Financial.
• Binance.
• Alien Run.
• Satochi Quiz.
• Claim Multi Faucet.

Bling Financial

The project has developed several different games in which you can gain points. Bling points are further exchanged for bitcoins. However, before you need to create a wallet on the Coinbase exchange. The developers warn about the small profitability and the presence of internal advertising in the descriptions. In February 2022, the app presents:

• Bitcoin Pop. The player gets Bling points for destroying balls that move to the floor after each move.
• Bitcoin Food Fight. The task in the game is to throw a knife at food, cutting it. Points are awarded for each game.
• Bitcoin Blast. You need to move coins around the board to get them in a row for destruction.
• Word Breeze. The user’s task is to solve a crossword puzzle for Bling points.

Binance

According to the editors, this is the largest cryptocurrency exchange by trading volume in February 2022. Binance has a mobile version of the platform that allows you to do trading anywhere you have internet. The app supports 488 different digital assets, including buying and selling for fiat money. The program is available on Android and iOS operating systems. The mobile trading terminal has all the features of the browser version.

Alien Run

An action game with many unique tasks. Each of them consists of 5 levels, for the completion of which the user receives a reward of 1000 satoshis. Every day additionally added a unique task of 8 stages. Payment for its completion is 10 thousand satoshis. Alien Run pays users from advertising revenue. During the game, participants watch videos. For this, the app shares part of its profit.

Satochi Quiz

The game, in which you can earn Bitcoin without investment, offers to participate in a quiz and answer questions. In Satochi Quiz, you will not be able to use search engines to quickly find answers. Users can only rely on knowledge. For each correct answer, the system pays 10 satoshi. Withdrawals are possible from 0.00011 BTC. The application is available in the browser and is adapted for users of mobile devices.

Claim Multi Faucet

A program available only on the Android operating system. It collects faucets for obtaining various cryptocurrencies. The developers of Claim Multi Faucet removed advertising and added a timer to track services. Each faucet has a different minimum threshold that must be overcome to withdraw funds to the wallet.

Apps for earning bitcoins on iOS

The total number of programs for earning BTC on Android is much more than on the operating system from Apple. However, there are many projects in the App Store that have been rigorously tested. The best apps for earning digital assets on iOS in early 2024 are as follows:

• Reward Hunters.
• The Crypto Games: Get Bitcoin.
• Axie Infinity.
• Ethlas.
• Binemon.

Reward Hunters

MMORPG game that runs on the Binance Smart Chain blockchain. It features 2 modes:

• PVP (1×1 – battle between 2 players).
• Battle Royal is a battle royal for up to 8 players.

Reward Hunters is based on P2E (Play-to-Earn) algorithm, literal translation of which is “Play to Earn”. The project has its own native token RHT. Its holders are rewarded in BNB coins.

The Crypto Games: Get Bitcoin

The project positions this product as a mining simulator. In the game, you need to improve your cryptocurrency mining skills, buy and get various buildings. On their number depends on the real profitability. In February 2022, the game implements:

• Money exchange mode. You need to invest in digital currency, conduct various operations with it.
• The function of increasing profitability and speed of mining.
• The mode of building a city. For this purpose, there are 56 different buildings.
• Rating of players.
• Mode offline mining of cryptocurrency.
• A system of mining pools, in which players unite.
• Rewards for achievements.

Axie Infinity

In February 2022, it is the largest project from the GameFi sector. Axie Infinity is powered by the Play-to-Earn algorithm. It has a capitalization of $11.56 billion. The player’s task is to grow, breed, improve monsters and engage in combat with other creatures in PVE (against mobs) and PVP (battles with users) modes. In the process, he earns rewards in the form of AXS and SLP tokens. The developers of Axie Infinity have also created a trading platform where players sell and buy items, monsters and various artifacts.

The Axie Infinity project has become particularly popular in the Philippines. Part of the population considers it their main “job”. The authorities of the country even planned to introduce an income tax for players.

Ethlas

The platform offers users various games for earning GEM tokens. Both in-house and third-party GameFi projects are launched on the platform. The goal of Ethlas is to maintain a system of rewards for players, which is a tool to attract them. The project also allows NFT-created characters to be transferred to other players. In this way, one side receives passive income, and the other side uses other people’s virtual creatures to earn money.

Binemon

Another game in the RPG genre is based on the Polygon blockchain. Here, users breed animals and collect eggs. They can be sold on the Binemon trading platform for cryptocurrency DRK. Game characters are needed to participate in battles, various quests, to pass the campaign and defeat bosses. For any of these actions, users are rewarded in the form of AMB tokens. Assets are converted into DRKs, which can be sold for other digital currencies.

Application security

The developers of any program for earning bitcoins on Android may turn out to be scammers. Therefore, they should be checked beforehand. The control of applications in the App Store is more thorough than in Google Play. However, you still need to keep safety in mind. Before downloading applications it is necessary to:

• Study user reviews. If most of them are negative, then it is better not to download such a program.
• Be wary of loud claims. Sometimes program developers assure users that they pay a lot of money for simple actions. With a high probability they are fraudsters.
• Check the minimum withdrawal amount. Some services have a high threshold. Sometimes users save coins for withdrawal for more than half a year. In this case, there is no guarantee of payment, so it is better to skip such projects.

Pros and cons of earning cryptocurrency on a smartphone

In February 2022, you can get digital assets using your cell phone and tablet. Mining on a smartphone should not be considered because of unprofitability. However, there are working ways to earn money. The pros and cons of each of them are presented in the table.

Conclusions

Blockchain technology is used in the economy and in everyday life. In 2021, Axie Infinity game has become the main income for a part of the Philippine population. It is difficult to give an accurate prediction about the future of the GameFi sector. In early 2022, many users play on mobile devices (Android and iOS). The popularity of such apps is growing.

It is also possible to earn money on a smartphone by trading. However, this activity requires certain knowledge. Bitcoin cranes are losing popularity among users due to low profitability, and mining on smartphones and tablets is unprofitable.

Frequently Asked Questions