How can I earn free Bitcoin instantly in India?

A lot of people in India are now interested in buying or investing in Bitcoin, the single largest cryptocurrency in the world. However, the price of a single Bitcoin is currently between $35,000 and $40,000, so most Indians would have to look for other ways or other cryptos to invest their money.

The high price of Bitcoin shouldn’t discourage you from considering it as an investment. In fact, you can still own Bitcoin or a fraction of it, called a Satoshi, for free.

You might think that I’m trying to trick you or sell you some fake ideas, but that’s not the case at all. This is just a informative article that teaches you about how to get free Bitcoin in India.

I’m sure you would be interested in this, considering that even a single Satoshi (a fragment of a Bitcoin) is worth a lot of real money in India.

I suggest you continue reading because I will give you a lot of information about how to get free Bitcoin in India. By reading the full article, you will be able to get Bitcoin on your own.

Bitcoin Laws in India

There are some important things to remember before learning how to get free Bitcoin in India.

Bitcoin doesn’t have any official recognition in India, which means that the government hasn’t yet declared whether buying, selling, owning, or investing in Bitcoin is legal or not. There’s a lot of uncertainty about what will happen to Bitcoin in India.

In addition, in 2017 and 2018, Indian authorities raided banks and shut down accounts of companies selling and promoting Bitcoin and other cryptocurrencies in the country. There were also some announcements stating that owning Bitcoin or other cryptocurrencies was an offence under local monetary laws.

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Not much has changed over the years in terms of the Indian government’s stance on Bitcoin. They don’t seem to be strictly enforcing any ban on the cryptocurrency. In fact, there are several online ads that actually offer Bitcoin investments to Indians.

The only thing you need to consider if you’re thinking of earning free Bitcoins or Satoshi is whether you’re comfortable holding the cryptocurrency, despite its uncertain legal status in India.

You can get free Bitcoin in India by using certain methods.

There are some ways you can get Bitcoins and Satoshis for free, but you will need to take some steps first. I will write about this in more detail later on.

First, let’s take a look at the different ways to get free Bitcoin in India.

Start mining Bitcoin to earn income.

Start mining Bitcoin to earn income.

A Bitcoin miner is someone who monitors the blockchain on which Bitcoin transactions occur. Miners make blocks of these transactions and send them forward according to their destinations. You can earn a few Satoshi every day by mining Bitcoin. In fact, there are a few courses on how to use the blockchain available from private institutions in India and some online ones too. You will need to master the Bitcoin mining process before you can start earning.

Coinbase Earn

Coinbase Earn

The second best way to get free Bitcoin in India is by visiting Coinbase. Coinbase is one of the best crypto exchanges in the world that operates from the USA. They have a program known as Coinbase Earn where you can register for free. Once you have an account, you can click on their investor education link and read about Bitcoin. For your interest, Coinbase rewards a few Satoshi or fractions of any other crypto that you study.

Cointiply.com

Cointiply.com

Cointiply.com is a website where you can earn points for completing various online tasks. These points can then be redeemed for Satoshi (a unit of Bitcoin) or fractions of a Bitcoin. Over time, you can accumulate enough points to own a whole Bitcoin. The tasks are relatively simple, such as taking online surveys, playing video games, writing product reviews, and watching ads. You can check your points balance at any time and exchange them for Satoshi when you reach the minimum payout amount.

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Bitcoin Cashbacks

Bitcoin Cashbacks

There are two famous websites – bitrefill.com and lolli.com. You can create a free account on either of these websites. Once you have an account, you can shop online through these websites. However, it’s important to remember that not all online stores are available to users in India, as these websites mainly cater to the American market.

You can get a cashback in Satoshi, the Bitcoin fraction, when you spend at any outlet that’s participating with these two websites.

Bit for Tip

Bit for Tip

At www.bitfortip.com, you can earn a small amount of Bitcoin for helping people with the information they need. Joining this forum is free. You have to provide your email address, create a password and give some basic personal information to become a member.

On this website, you will find a lot of questions from people that need specific information. When you see such questions and can answer them properly, you can earn a few Satoshi as a reward. However, the answer has to be approved by the person that asks for information. This means you can’t provide fake or misleading info and earn.

Now that you know how to get free Bitcoin in India, here are some steps you need to take.

How to Get Free Bitcoin in India: Steps

Bitcoin is a cryptocurrency, which means it can’t be transferred to your bank account or given to you in any normal way. This means you will need a cryptocurrency wallet to hold your Bitcoin.

There are three types of Bitcoin wallets to choose from.

Free Bitcoin in India

Do you want to use an online wallet or a hot wallet?

This means you will only store your free Bitcoin and its fractions online. You will only be able to access the wallet through the internet. This is said to be the most secure form of holding cryptocurrencies because online wallets are only stored in cyberspace. However, you have to remember all the fine details, including complex user names and passwords, to be able to access them.

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Mobile Wallet

A mobile wallet is an app that you can download from Google Play or the Apple Store. There are several Bitcoin wallet apps available, and you can choose any of them. The risk is that you could lose all your crypto holdings if your mobile phone is stolen or lost or damaged. In some cases, you can download the app and register again, but there is a risk that your new registration will not give you access to your lost mobile wallet.

Offline Wallet or Cold Wallet

An offline wallet, also known as a cold wallet, is a computer drive that is similar to an external hard drive or a USB stick. However, it has some different features. Once you connect it to a computer, you will need to enter complex user names and passwords to access your Bitcoin and Satoshi holdings or to transfer more cryptocurrencies. If you lose this hardware, damage it, or lose the username and passwords, you will lose access to your crypto holdings.

Choose a wallet that will work best for you. Many of these wallets are available for free, while others will require a subscription fee.

In Conclusion

Here are five ways to get a free Bitcoin in India that actually work. While there may be other methods out there, most of them don’t work in India since they’re geared towards foreign markets. Give any of these a try. Getting Satoshi and a Bitcoin takes some effort, but it’s possible with a little extra work.

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