If you are thinking of starting online bitcoin sports betting, you must be wondering about Bitcoin giveaway. Let us find out here if Bitcoin giveaway is possible.
Is it possible to get bitcoin for free?
Oddly enough, the answer is YES. It is possible to get free bitcoin. It is not something that you are going to get rich with, but it is a way of investing like any other. Instead of risking your money, what you invest is your time or knowledge.
Bitcoin Giveaway and Contests
Today on the internet, there are several pages that do contests and giveaways, and their final prizes are Bitcoin or any other cryptocurrency. Many of them use this practice for several reason. Firstly, they intend to retain user loyalty. Secondly, they want to attract new users. And finally, they intend to promote the use of cryptocurrencies, which is sometimes considered as a bonus.
Obtaining free bitcoin with these giveaways hardly requires effort on many occasions.
What benefit do the pages that offer free Bitcoin get?
Many people wonder how it is possible for a page to give away Bitcoins since we all know that nobody gives anything for nothing. It is something that makes you distrust these types of platforms.
These pages are just another business and they are made to make a profit. They do it like most of the websites, by putting ads on their platform. The difference is that these pages allocate a part of the money they get for advertising to reward users who use their platform.
They get money and their users get free Bitcoin, a perfect wheel that if turned in the right way does not stop spinning.
Where can I get free Bitcoins/Bitcoin Giveaway?
There are many ways to get Bitcoin without investing money. However, the most popular is Faucets.
Bitcoin faucets are pages that give away Bitcoins or other cryptocurrencies for doing a job, such as: watching videos, visiting websites or solving captchas.
For each action, they distribute a number of Satoshis that you can accumulate. The Satoshi is the smallest unit of the Bitcoin cryptocurrency which represents one hundred millionths of a bitcoin.
If you are using Bitcoin for sports betting or gambling, you can invest your time and knowledge and get free Bitcoins by visiting some of the Bitcoin faucets.