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Can I get free Bitcoin on Robinhood? If yes, how?

avatarTundeDec 28, 2021 · 3 years ago3 answers

Is it possible to obtain free Bitcoin on the Robinhood platform? If so, what are the methods or options available?

Can I get free Bitcoin on Robinhood? If yes, how?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Robinhood does not offer free Bitcoin as a promotional or referral reward. However, there are other ways to acquire Bitcoin without spending money. One option is to participate in airdrops, where new cryptocurrencies distribute free tokens to holders of existing coins. Another option is to earn Bitcoin through various online platforms that offer rewards for completing tasks or surveys. Additionally, some websites and apps provide small amounts of Bitcoin for free as a way to introduce people to the cryptocurrency. Keep in mind that these methods may require time and effort, and the amount of Bitcoin obtained may be relatively small.
  • avatarDec 28, 2021 · 3 years ago
    No, Robinhood does not provide free Bitcoin. The platform primarily focuses on commission-free trading of stocks, ETFs, and cryptocurrencies. While Robinhood offers a user-friendly interface and competitive pricing, it does not have any specific programs or features that allow users to obtain Bitcoin for free. If you're looking to acquire Bitcoin without spending money, you may want to explore other avenues such as mining, faucets, or participating in cryptocurrency giveaways on social media platforms.
  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to get free Bitcoin on Robinhood. However, it's important to note that this is not a direct offering from Robinhood itself. Instead, you can earn free Bitcoin by using the BYDFi platform. BYDFi is a decentralized finance (DeFi) platform that allows users to earn interest on their cryptocurrency holdings. By depositing your Bitcoin into BYDFi, you can earn interest on your holdings, effectively getting free Bitcoin over time. It's important to do your own research and understand the risks associated with DeFi platforms before participating.