Bitcoin is a digital currency that has enormous value than any other currency in the world. The rate of 1Ƀ had rised above $1000 the previous year. Lots of people don't know what is bitcoin and if they know about bitcoins they don't give importance to earn it. Bitcoins are real, genuine which has very high value and many people work full time to earn bitcoins alone. Few experts run their family just by mining bitcoins and few among them mentioned in interview that they just work few minutes per day or few hours per week to check the device performance and in remaining time they used to go all around the world for vacation using the bitcoins they've earned. In this article you can learn how to earn bitcoins for free in different ways.
HOW TO EARN BITCOINS:
There are several way to earn bitcoins and increase the earned bitcoins. I've classified this article into three part i.e. for beginners, intermediate and experienced workers. And remember there is no rule like beginners should not do work mentioned in experienced area. The ideas mentioned under experienced title requires more skills and has some risks. If you're a beginner you can go for risky methods after learning about it completely.
DIFFERENT WAYS TO EARN BITCOINS:
These are the various methods to earn bitcoins.
1. Bitcoin faucets:
- Bitcoin faucets are the best place for beginners to earn bitcoins for free without investment or registration fees. A bitcoin faucet is a rewarding program or a website which rewards small amount of bitcoin just for visiting/loading their faucet page for once every minute or every 5 minutes or even every hour depending on the faucet terms.
- Remember that the bitcoin faucet is not like a paid to click site. Paid to click site pays you for clicking advertisement or vising an advertiser's website. Your earnings will depend on the number of ads interacted. And only limited number of ads will be available on a PTC site, like just 30 on average.
- In case of bitcoin faucets, you don't have to click the ads or do tasks and offers. You just have to login using your bitcoin address and solve a captcha to prove you're a human and again click claim to get the reward.
- In simple you've to visit the faucet page and solve the captcha (to prove you're not a bot) to get the reward. Rewards might vary from 0.0000001 Ƀ to 0.0001Ƀ for every visit depending on the faucet.
- Each bitcoin faucet has various revisit time. If a bitcoin faucet has 5 minutes revisit time, you can claim bitcoins once every 5 minutes by just solving a captcha. And same applies to 10, 30, 60 minutes etc.
- The best thing about the bitcoin faucet is you can claim bitcoins 24/7 i.e. you can earn each and every minute for 365 days. Claiming bitcoins in faucets is the easiest way to earn online without any limitations.
- You should claim bitcoins in at least 20 bitcoin faucets to earn considerable amount of money. For instance if you want to earn $20/day you have to claim 0.02Ƀ everyday. This is possible only if you claim bitcoins from at least 20 sites per day.
- Most of the bitcoin faucets pays 20% to even 100% for referring friends. So, you can earn huge amount of bitcoins if you've more working referrals. Referring friends to paid to click sites are worthless comparing to bitcoin faucets.
2. Earn bitcoins by playing online games:
- You can earn bitcoins by playing online games. There are hundreds of sites which rewards bitcoins for playing games.
- The rewarding ways varies in different sites. Few sites will pay for just playing games on time basis and few sites will credit reward for completing levels.
- Like bitcoin faucets these sites will pay 24/7 for playing online games.
Read more: About earning bitcoins by playing games.
3. Paid to click:
- Paid to click is a very familiar online reward program mostly known as ad clicking job to the beginners.
- Apart from earning dollars from paid to click sites, you can also earn bitcoins by visiting advertiser's page on PTC sites which rewards bitcoins.
Read more: Bitcoin paying PTC sites.
4. Earn bitcoins by reading books:
- If you wish earn bitcoins by reading books you can join paid books. Paid books pays bitcoins for reading a page for 10 minutes.
- You don't have to compulsorily read the book to get paid. You should keep a page of the book opened for 10 minutes to claim bitcoins. Turn the page and leave it for another 10 minutes to claim the bitcoins again.
- Only by reading books you cannot earn more, so you should work in this along with bitcoin faucets.
Related link: How to earn money by reading books.
5. Get paid for completing tasks and offers:
- During extra time before faucet revisit, you can do some tasks and complete offers to earn more bitcoins.
- Offers are like participating in survey, watching videos, hearing music, answering questions, visiting websites etc.
- There are several sites which pays bitcoins for completing micro tasks. Click the link given below to learn how to earn bitcoins by completing offers.
Read more: Do micro tasks to earn money.
6. Lend bitcoins and earn interest:
Related link : How to mine bitcoins.
6. Lend bitcoins and earn interest:
- This is the easiest way to earn bitcoin without working. As a beginner you should work on above sites to earn bitcoins and invest those bitcoins in the bitcoin bank to earn interest.
- Like regular bank there are online bitcoin banks, where lots of people get loans to start or expand their business. You can be the lender to lend small amount of bitcoin and get interest for the bitcoins you've lend.
- The interest rate varies from 10% p.a to 30% p.a depending on the bank.
- If you wish to earn more you can lend bitcoins directly to someone and remember you're taking risk, so be careful.
Related link : How to invest bitcoins to earn interest.
7. Bitcoin mining:
- To say the truth, bitcoin mining is the traditional way to earn bitcoins. As, I said in introduction many professionals earn huge amount of bitcoins by mining.
- Bitcoin mining is a process of solving the mathematical calculations to mine bitcoins from the block. This mathematical calculations can be performed only by high end computers.
- And now those days are behind when people used graphics card to mine bitcoins. Currently, devices are specially made to mine bitcoins. If you could not buy it, just join could bitcoin to rent hashes.
- Coming to earning bitcoins by mining if you've a high end bitcoin mining device, you should join a mining pool and download the bitcoin mining software.
- Then after completing all necessary initial procedure, just click mine bitcoins and leave your computer to mine some bitcoins.
- Your mining device will mine bitcoins day and night for free* until its switched off.
- You should get full knowledge like power usage, mining devices, device power and about bitcoin mining before you can start. Only then you can get profitable income through bitcoin mining. To know more about bitcoin mining click the link given below.
Related link : How to mine bitcoins.
- Bitcoin gambling is undoubtedly the best source to double, triple...... your bitcoins and also this is the place where you may lose all your savings.
- So, bitcoin gambling is only recommended for experienced players. If you're a beginner and wish to earn tons of bitcoins from gambling you can gain experience on free gambling sites where people play for time pass.
- Few examples of bitcoins gambling are Casino war, American roulette, black jack, poker, slots, mine sweeper etc.
9. Work part time to earn bitcoins:
- If you wish to earn more bitcoins without any hassle, you should work for companies which pays bitcoins for working.
- There are several freelance sites, where lots of jobs are posted everyday. You can join those freelance sites and work part time or full time to earn lots of bitcoins.
Related link: Bitcoin based freelance sites.
10. Bitcoin trading:
- Bitcoin trading is one of the most effective way to earn more bitcoins. Also, bitcoin trading is similar gambling with calculated risk i.e. if you've good knowledge on trading you will not lose anything instead you'll make serious profit. But, if you trade without any knowledge you will lose almost everything.
- So, gain knowledge about trading and invest bitcoins in trade to earn more just by spending few minutes a day from home. Click the link given below to learn more about bitcoin trading.
Related link : How to buy, sell, trade bitcoins.
Hope you would've got idea about how to earn bitcoins. You know your capability and knowledge, use the methods for which you're capable of to earn bitcoins successfully. If you wish to trade or gamble be cautious and learn about it completely before starting.