Now a days Bitcoin is one of the fastest growing and highly trustable digital currency. Many people not aware about how to earn bitcoin and search online to get information.
Let’s look at the end the good features of Bitcoin
- Its decentralized
- Easy to set up
- Transaction fees are minimal
You can read what is bitcoin and how it come into existence then you can go ahead with this guide and learn what all ways to earn bitcoin.
Earn bitcoin in many ways
1. Earn Bitcoin by completing tasks on sites
There are few websites like BitVisitor, CoinWorker, freedigitalmoney.com and bitcoinget.com which gives you chances to earn bitcoins for free by visiting these websites and completing the tasks like clicking on advertisements.
By doing task on websites you can’t make huge money but at least start getting few cents on each task.
2. Accepting bitcoin as a means of payment
You can create a bitcoin wallet through Coinbase. The bitcoin wallet accepts money in Euro or USD. Once any payment is made it converts into the exchange value of the denomination used.
3. Earn bitcoins from interest payments
Once you have some already earned bitcoins then you can use it to earn more of it through lending them to your known people with interest rates and pay back duration etc.
Also, another way to do is through Peer to peer bitcoin lending websites like Bitbond, where borrowers in need of bitcoins publish their requirement.
It’s like lending your bitcoin into various loans hence mitigating the risk of being at loss or bad debts. The only caution to follow is go through trusted websites only.
4. Earn Bitcoin from Mining
Mining is one of the basic and best way of earning bitcoin but before start earning bitcoin let’s know what bitcoin is.
Bitcoin mining is process where miners use special software to solve math problems and in exchange they get certain number of bitcoins.
For more detail and to understand in simple term you can watch Bitcoin basic information.
5. Earn Bitcoin by getting tipped
This is another way of earning bitcoin and here you get bitcoin for being helpful.
It is similar to getting bitcoin as payment but in voluntarily. so in order to access bitcoin you should have wallet and QR code with bitcoin address.
6. Earn bitcoins through gambling
Gambling is way to test your luck and if your luck always with you then you can try same to earn bitcoin.
7. Earn bitcoins through trading
Tradding is not same as gambling and you can earn bitcoin through arbitrage where an asset is being bought and sold immediately.
However, the challenge lies in the transactional value which is built up due to currency exchange. To start with the better way is through Bitcoin StackExchange.
You can also opt to buy bitcoin at a certain value and then keep it to sell it for a fiat currency and then buy more when the prices are relatively low just like trading in shares etc. we do.
8. Bitcoin games
So hopefully this way give you interest in making money . You just need to play your interesting game and make money online.
9. Earn bitcoins as regular income
In this type of earning the payment for any work done through a full-time job, freelancing or part time the payment happens through bitcoins. There are many websites who pay you through bitcoins for work done.
Hope you like all above ways of earning bitcoin and start making bitcoin by choosing any of the way.