WAYS TO EARN BITCOINS
As
earlier stated, a bitcoin is a digital currency and hence can only be earned
online. Like any other currency, there are numerous ways to earn bitcoins and
they include;
1. Pay to Click Sites
Pay to
click sites otherwise known as PTC sites are websites that pay their members
for clicking on ads daily. These sites place a number of ads on their sites
daily and each ad is to be viewed for a number of seconds before you get paid.
Most times the longer the time the ad is to be viewed the more funds you’ll be
paid. You’ll have to wait 24hours after clicking the last ad for the ad list to
refresh.
2. Bitcoin Faucets
This is
one of the easiest ways to earn bitcoins. A bitcoin faucet is a site that pays
its members for bringing traffic to their sites. All you need to do is solve a
captcha to prove you are human, click on claim reward and wait for the revisit
time to elapse. Some faucets pay every 5mins, others every 10mins, 15mins,
20mins or hour. Unlike PTC sites, you can earn on faucets multiple times a day
and you don’t need to click on any ad.
Payment
on faucets ranges from 100satoshis to 10000 per claim depending on the site.
You will need to claim from multiple faucets a day to earn considerable income.
For example,if you wish to earn $20 a day you’ll need to earn atleast
0.02bitcoin daily from 20sites and this can only be possible if you work with
multiple faucets.
Faucets
give referral commissions ranging 50 to 100% of referee click hence you can
earn more by inviting your family and friends.
3. Online games
Like
bitcoin faucets, you can earn bitcoins for 24 hours of the day by playing
online games. The mode of payment varies with each site. Some pay based on the
time you play while others pay based on the level completed.
4. Get paid for completing offers
You can
get paid for completing offers like surveys, watching a video, downloading and
running an app or listening to music. You can complete such tasks while waiting
for your revisit time to elapse on your faucet.
5. Get paid for reading books
You can
also earn bitcoins for reading e-books. Some sites pay for reading a page for
10mins. You necessarily don’t need to read the book, just keep a page open for
10mins then click the next page and leave for 10mins. Working on these sites won’t
give you much money; hence it’s advisable to combine with PTC sites and
Faucets.
6. Bitcoin Lending
Like normal
banks, there are bitcoin banks where people collect loans. You can be the
lender. This is one of the easiest ways to earn bitcoins without doing much.
You can save up the bitcoins earned from the sites above and invest in bitcoin
lending and earn interests. The interest rates vary from 10% to 30% per annum
depending on the bank.
7. Gambling
This is
an easy avenue to multiply your bitcoin or lose them depending on your luck.
Gambling is recommended for experts and experienced gamblers. If you wish to
gain experience gambling, you can do so on free gambling sites.
8. Bitcoin mining
This is a
process of earning bitcoin by solving the mathematical calculations required to
mine bitcoins from the block. This calculation can only be performed by high
end computers. If you have a high end bitcoin mining device, you should join
the mining pool and download the bitcoin mining software. Your mining device
will mine day in day out till it’s switched off.
You
should acquire full knowledge about bitcoin mining, mining devices and power
usage. Only then will you be able to mine bitcoins profitably.
9. Bitcoin Trading
This
involves buying and selling bitcoins at a profit. It’s just like buying hard
currency at a cheap rate and selling when the rate is higher. To do this, you
need keen knowledge of bitcoin rates and volatility.
10.
Part time Work
There are
a number of sites that pay their online part time and full time employee
bitcoins for working. If you wish to earn bitcoins hassle free, then you should
sign up with such freelance sites.
Of the 10
methods of earning bitcoins, the first two are the surest hence we’ll be
talking more about them.
Next post
Next post
Related links:
How to Sell Your Bitcoin 
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