How to earn bitcoins on Android phone from scratch without investment

4 savaitės ago 0 51

Digital currencies allow market participants to make profits. However, not everyone wants to invest their own money in them. This is not necessary. Cryptoassets can be mined for free even on mobile devices. But many do not know how to earn bitcoins on the phone from scratch without investment. Bitcoin cranes, cryptocurrency games, mining, affiliate programs and other methods help. Each method has its advantages and disadvantages.

Whether it is possible to earn bitcoins on the phone

There are various tools available in the digital currency market to make profits. Some industry participants live on the income from crypto assets. But big earnings require investments. Not everyone is ready to invest money in volatile coins. Therefore, there are tools in the market that help you get some cryptocurrency for free. They are available even on iOS and Android smartphones.

There are mobile apps on the web that promise easy earnings on your phone. But many of them are created by scammers to steal funds.

Earning bitcoins on your Android phone in 2024 is possible. However, the income without investment will be low. For example, cryptocurrency cranes often bring a few dollars a month. But, with additional efforts, it is possible to increase profitability.

Pros of free earnings	Cons
You do not need to invest your money	The profitability of most methods is low
This opportunity is provided by many platforms	You need to spend time to increase profits
There are simple and complex tools

How to earn bitcoins on the phone without investment

Everything depends on the ingenuity and aspirations of the user. If desired, you can come up with many methods to start earning bitcoins on your Android phone without investment. But more often use these:

Cryptocurrency faucets.
Games.
Airdrops.
Cloud mining of cryptoassets.
Referral programs.
Creating content about digital assets.
Cryptocurrency cashbacks.

Bitcoin Cranes

These are online services or mobile apps that pay with coins for various actions. They depend on the specific site. It happens that you need to view ads, solve captchas, participate in surveys and subscribe to social networks. For one operation, cryptocranes usually pay from 1 to 10 satoshas. Sometimes the rewards are higher.

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For the first time, services for free crypto assets appeared in 2010. For example, the popular BTC-crane FreeBitco.in has been operating for 11 years. According to the official website, it has more than 50 million registered users. Previously, an application on smartphones was available. But in 2024, the platform works only in the browser.

The disadvantage of such platforms is a high minimum threshold for withdrawing coins. Sometimes it takes users up to 1 year to accumulate cryptocurrency. But some services offer participation in an affiliate program, which can help speed up the process.

Apps with games on Android

This is an alternative to cryptocurrencies in terms of profitability. But the presence of game mechanics allows you to spend time more fun. The principle of operation of these arcades resembles cranes. Players need to pass levels, complete tasks and reach various goals. For this, applications pay a reward in cryptoassets.

Examples are Bitcoin Blast, Crypto Pop, Bitcoin Blocks. They are available for download on mobile devices.

Such games help to mine bitcoin from your phone for free, but they have disadvantages. The first one is low profitability. Users have to save up coins for withdrawal for months. The second is advertising, due to which these Android applications work. It can be a lot.

Airdrop

In the cryptocurrency market, token giveaways as part of the marketing campaigns of various startups are popular. These events are called airdrops. You can follow them with the help of special services, as well as on the Crypto.ru website.

In 2024, crypto projects rarely pay for performing simple actions. Usually, participants need to make a deposit to complete some mandatory tasks. But free airdrops are held. For example, 1,000 random participants in the current giveaway from startup SoarFun will split an $8,000 fund. Enough:

Launch the crypto project’s bot.
Connect a wallet with support for BEP-20 tokens.
Subscribe to the startup’s social media accounts.

Sometimes participation in airdrops turns into loss of funds, leakage of personal data and other consequences. Therefore, every startup should be checked for fraud. This will help to avoid problems.

Cloud mining

Mining digital assets using the computing power of a smartphone is possible. But farming cryptocurrency by mining is risky. Mobile devices under constant load are not able to work for a long time. Quickly arise problems with batteries and processors. As a result, mining on smartphones does not pay off, but brings losses.

The worst scenario of crypto mining is a battery explosion. Such cases are known from the news.

But there is an alternative – cloud mining of cryptocurrencies. Its essence is to rent server capacity for mining. The phone is used to track statistics. However, it will not be possible to rent hashrate for free for a long time. No one offers such services. At most, services give a trial period.

Affiliate programs

Get bitcoin for free through the Android phone can be thanks to referral systems. They are offered by most cryptocurrency exchanges, exchangers and other platforms. Only the conditions differ, but the essence is the same – you need to bring new users. Participants of affiliate programs receive a share of commissions paid by referrals when conducting transactions. This allows you to earn money without trading on your own.

For example, the referral program is available on the crypto exchange Bybit. New members of the system receive 20% of the trading commissions of the invited. The maximum rate is 30%. At the same time, the exchange additionally pays for the achievements of referrals – for example, for trading turnover. Rewards come in USDT tokens.

Exchanges usually pay awards in USDT cryptocurrency. However, some platforms allow you to receive bitcoins. For example, such an opportunity is available on Binance and Coinbase. But both exchanges do not serve Russians in 2024.

Publishing content about cryptocurrencies

Participants in the blockchain industry can earn digital assets by writing texts. Such an opportunity is available on the platforms Steemit and PublishOx. The first platform pays rewards in its own token STEEM. At the same time, both authors and readers can earn on the project. The task of the latter is to evaluate articles, for which they receive 25% of the total amount. The remaining 75% of earnings go to the author.

The blockchain platform PublishOx is similarly designed for text monetization. But here the payments depend on readers’ evaluations. Authors earn from 20% to 100% of tokens. Readers decide how much to pay them.

Getting cashback in BTC

There are applications that return a part of the money spent in cryptoassets. Examples are Lolli, Pei, and CoinCorner. Their use is beneficial not only for customers, but also for stores. The former earn cachebacks and the latter increase sales.

However, to grow profitability from purchases, you need to spend more. Therein lies the disadvantage of the method. But some platforms allow you to increase the size of the cacheback in other ways.

Tips on how to get bitcoin for free via Android phone

Earning digital currency without investing money is possible. The industry offers various tools for this, from bitcoin faucets to blockchain projects that pay for publishing texts. Users are advised to follow the advice:

Check applications. Before using them, you need to read the comments of other users, assess the reputation. This will help to avoid scammers.
Use several sources of earnings at the same time. Increase income can be increased by this method.
Constantly monitor current events in the market. There are many things happening in the blockchain industry that can bring profit. Different startups are constantly conducting token giveaways, launching promotions, offering referral systems with favorable conditions and so on.

Other ways to earn Bitcoin on the phone

Often large cryptocurrency projects offer participation in Bug Bounty programs. They are willing to pay money for the detection of vulnerabilities in the code. The size of the reward depends on the danger of the problems found. They often reach hundreds of thousands of dollars.

There are also methods of earning that involve investments. For example, trading, investing, staking, lending, liquidity pools and farming are available to market participants. These are highly profitable, but involve high risks. Many traders and investors lose funds.