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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Proof-of-Work: Bitcoin Back Programs That Put Your Money To Work For You

Tony "The Bull" Severino
Tony "The Bull" Severino
1 year ago
5 mins read
free bitcoin back rewards program btc

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Bitcoin price is near $50,000 and everyone wants as much of the ultra-scarce cryptocurrency as they can. Investors have been known to sell their homes or take other wild risks to get their hands on some. 

However, there are ways to get BTC for every little effort, or by doing mundane, everyday things like shopping for groceries, dining out, and even walking down the street. Even more interesting is that many of these offer this Bitcoin for free up front for signing up, or as a reward for participating in some type BTC-back program. 

Best Ways To Get Bitcoin For Free

As Bitcoin grows, we’ve put together a list of the best of the best of these programs for the biggest chance to get Bitcoin one way or another. 

Lolli

Lolli

Lolli tops our list because it gives and gives but asks for so little back. In fact, it costs nothing to use, but earns you up to 30% back in BTC on purchases from select retail partners. 

These aren’t nobody partners, either. Lolli’s current lineup includes Macy’s, Nike, Best Buy, GameStop and so much more. In the market for a PS5 anyway? Activate Lolli in your browser or from your smartphone to take advantage in a few clicks. 

Lolli’s smartphone app also offers a “daily stack” where users can get free sats each day and up to a $100 surprise worth of BTC. New users also can get $5 in BTC with the code M8C4QM. 

blockfi

BlockFi

BlockFi’s credit card is a rather new addition to the company’s line up of products, which generate interest on idle crypto assets. The big pitch here is that every purchase you make gets you 1.5% back. 

The reward is doubled during an introductory period, so depending on how much you spend, the more you can stack. Bitcoin rewards are paid monthly into a BlockFi account that begins to generate up to 4% APY, compounding any BTC rewards you earn. 

Related Reading | What Bear Market? Bulls Now “In Control” Over Every Bitcoin Timeframe

If you’re the type to pay off your balance regularly, running regular spending through the BlockFi card instead can net some serious crypto holdings in no time, for doing things you’d be doing anyway. 

free bitcoin back rewards program btc

With a price chart like this, earning even a little BTC can make you a lot of money | Source: BTCUSD on Tradingview.com

Fold app

Fold Card and Fold App

If the fact that BlockFi is a credit card and debt rubs you the wrong way, there is also the Fold card, offered by the makers of the Fold App. The Fold card is a debit card you fund yourself, so there’s no debt involved. 

Fold got its start offering BTC back rewards on gift cards, but has evolved into a much larger service. In addition to still offering gift cards with a substantial amount of sats back, there’s also a daily wheel users can spin for a chance to win free sats. 

Related Reading | Three White Soldiers: The Signal That Shows Bitcoin Bulls Are Preparing For Battle

Users of the Fold card also can spin a prize wheel following each purchase made. Prizes range from a sats-back multiplier to a full BTC. There are also unique prizes presented depending on the current prize wheel partner. Registering for the Fold App also offers free BTC for signing up. 

coinbase

Coinbase Card

Coinbase also offers a debit card, however, this card doesn’t debit dollars from an account, it debits cryptocurrencies stored in wallet which are converted into dollars at the point of sale. 

The merchant gets paid in dollars, but the user pays via their crypto holdings. In exchange for using the Coinbase card over other cards, users are offered either Bitcoin back or Stellar (XLM). 

The catch here is that although it does reward you in crypto also, the Coinbase card will eat into your crypto assets, so depending on your goals, other options might be better suited for you. However, Coinbase offers $10 in Bitcoin when you sign up. 

smiles

sMiles

If all of these other ways to get Bitcoin rewards require too much effort on your part, what about doing nothing more than walking around? Amazingly, that’s exactly what this smartphone app offers. 

sMiles tracks your steps by connecting with your phone’s health app, and then gives you free sats depending on how many steps you’ve taken for the day. 

The company appears to be laying the groundwork for other ways to earn BTC, such as gift cards, videos, prize wheels, and more. It also uses Lightning for its backend.

https://twitter.com/tonyspilotroBTC/status/1401982572045942787

Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice.

Featured image from iStockPhoto, Charts from TradingView.com
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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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