How To Earn Bitcoin?
How To Earn Bitcoin? – with the bull run of the bitcoin, everyone wants to know the answer to this question. There is no need to worry about that because there are different ways you can earn a bitcoin. Some of them are given below.
How To Earn Bitcoin?
Bitcoin is the cryptocurrency for which people are crazy all around the world. If you are looking to earn the bitcoin then you can use the following ways:
Work for it
As the bitcoin is the cryptocurrency with a great value in the market. So if you want to earn it you can work for it and receive it as the payment for your work. There are different places or websites which can help you in getting the work for it. some of the common websites are:
If you are looking for earning the bitcoin by an interesting and legit way then mining for the bitcoin is your way.
Bitcoin mining is done by the coders. In this, a block formed after the selling or purchase with great complex algorithms. The work of the bitcoin miner is to decrypt that block and report it to the proper authority. For this, they will be given the bitcoin as the reward.
The first person to decrypt that block received the 50 bitcoin as the reward and the present rate of the reward is 12.5 bitcoin.
With the bear run by the bitcoin at present, there is a number of the people who are trading these bitcoins for the fair share of the price. So you can buy the bitcoin from them. To buy the bitcoin you can take the help from the exchanges that are providing services in your areas. You can use your fiat currency to buy these bitcoins. Some of the common exchanges are:
If you already have a bitcoin and interested to earn more you can put use to them. You can lend you bitcoin and earn a decent amount of 12% – 18% of bitcoins. There are various peer-to-peer bitcoin lending platforms from where you can take help from.
But while doing this you have to keep in mind that there are a lot of scammers that can steal your bitcoins. So you have to be extra diligent while lending your bitcoins to someone.
A bitcoin faucet is the reward system which gives reward in the form of the bitcoin for completing CAPTCHA (Completely Automated Public Turing test to tell Computer and Humans Apart) or task described by the website.
The reward you will receive after completing the task might be small but it can fluctuate. You here cannot gain much.
Write for Bitcoin
As the market of the bitcoin is increasing there is a desperate need of writers. If you are a good writer and want to earn the bitcoin then you can work for the company and ask the payment as bitcoin.
There are other ways also to earn the bitcoin like gambling or scamming but these are not the legit way to earn the bitcoin. So from the above ways, you know How To Earn Bitcoin?