How to Get 1 Bitcoin: Basic Methods

In this article, we will examine in detail all possible methods of obtaining Bitcoin. You will learn how to get 1 Bitcoin, including verified ways to get 1 Bitcoin for free immediately. Furthermore, we will discuss effective strategies, providing you with complete knowledge for a successful start in the world of cryptocurrencies. We will start with the basics and gradually move to more advanced techniques so you can make the most of the opportunities presented.

Where can you get Bitcoin?

An excellent and straightforward question, isn’t it? Let’s break down all the ways to get one Bitcoin, from the most obvious to the most complex.

The direct answer: 1 Bitcoin can be bought!

This is the simplest, fastest, and most reliable way to get cryptocurrency for most people. But there are other options.

Here are all the main paths, from the most realistic to the least probable.

Buying on a Cryptocurrency Exchange (The most common method)

This is what 99% of people who want to get Bitcoin do.

• How it works: You register on an exchange, pass verification (KYC), deposit funds in rubles, dollars, euros (usually via bank card, transfer, etc.), and buy BTC at the current market rate.
• Where to do it:
  • International Exchanges: Binance, Bybit, Kraken, HTX. They have a wide selection of tools and high liquidity.
  • Russian/CIS Exchanges: Exmo, Bit.one and others. They can be convenient for ruble transfers, but always check their reputation and reviews in ratings.
• How much it costs: As of the time of writing (July 2024), 1 BTC costs approximately $121,672 (9887321.60 RUB). Accordingly, you will need an equivalent amount in your currency (the rate is very volatile!).

Buying via P2P Platforms (Direct Deals)

You buy Bitcoin directly from another person, and the exchange acts as a deal guarantor (holds the BTC until your payment is received).

• How it works: On the same Bybit or Exmo, you choose a seller who offers the required payment method (Tinkoff, Sber, QIWI, cash) and complete the deal at their offered rate.
• Pros: More payment methods, sometimes more anonymous (but not always).
• Cons: The rate may be less favorable than on the main exchange platform. High risk of fraud if escrow is not used.

How can you get Bitcoin for free?

In the modern digital world, many people wonder: how can you get Bitcoin for free. There are several legal and verified ways to achieve this goal. One popular method is participating in cryptocurrency faucets, which distribute small amounts of Bitcoin for completing simple tasks. You can also use reward programs and affiliate programs that provide Bitcoin for attracting new users. Another option is participating in airdrops and contests where you can win free Bitcoin. It is important to choose only reliable and verified platforms for safe cryptocurrency acquisition.

Mining

Creating new Bitcoins by solving complex mathematical problems using computer hardware.

• How it works: You buy a special device — an ASIC miner — which consumes a huge amount of electricity and solves algorithms, supporting the Bitcoin network’s operation. In return, you receive a reward in BTC.
• Reality in 2025:
  • Very expensive: A powerful ASIC costs thousands of dollars.
  • Very high energy consumption: Electricity bills will be enormous.
  • High competition: Huge farms (pools) are mining, and mining a block solo is almost impossible. You join a pool and receive a small part of the total reward.
  • Return on Investment: Can take more than a year, and during that time, the network difficulty and BTC exchange rate can change.
• Conclusion: Mining 1 BTC solo is a capital-intensive and lengthy business, not a way to quickly get Bitcoin, especially for free—you still have to pay for electricity.

Earning (Receiving payment in BTC)

If you are a freelancer or have a business, you can accept payment in Bitcoin.

• How it works: You provide your BTC address (wallet) for payment for goods or services.
• Pros: Decentralized, international payments are easier.
• Cons: Exchange rate volatility — you might receive $5000 for a job, and a week later it’s worth $4500. Legal nuances in your country.

Trading and Investing

Trying to buy Bitcoin cheaper and sell it for more. You can trade on the spot market (buying the actual asset) or the futures market (using leverage).

• Warning: This is very risky, especially with leverage. Most retail traders lose money. This is a way to increase your Bitcoins, not a reliable way to earn a whole Bitcoin from scratch.

Highly Unlikely and Risky Methods

• Airdrops and Bounties: Mass distributions of tokens. Getting 1 BTC as a gift is practically impossible.
• Faucets (Bitcoin Faucets): Websites that give out tiny fractions of satoshi (1 satoshi = 0.00000001 BTC) for completing tasks. It would take thousands of years to accumulate 1 BTC.
• Hard Forks: If another hard fork of the Bitcoin network occurs (like with Bitcoin Cash), you might receive new coins. But this is unpredictable and unlikely in the near future.

Critically Important Step: Secure Storage

Regardless of how you get your Bitcoin, you need to store it securely.

• Exchange Wallet: Convenient for trading, but not safe for long-term storage of large amounts. “Not your keys, not your coins.” The exchange could be hacked or shut down.
• Hardware Wallet (Cold Wallet): A device similar to a flash drive (Ledger, Trezor). The safest way. Keys are stored offline. Suitable for storing 1 BTC or more.
• Software Wallet (Electrum, Exodus): A program on your computer or an app on your phone. Safer than an exchange but more vulnerable than a hardware wallet because the device is connected to the internet.

Summary

For the vast majority of people, the only reasonable way to get 1 Bitcoin is to buy it on a large and verified cryptocurrency exchange followed by a transfer to a hardware wallet for secure long-term storage.

All other methods either require colossal initial investments (mining), are extremely risky (trading), or are practically unrealistic (faucets).