There are different ways to earn bitcoins without equity investments, with and without skills. But in 2022, completely new methods have emerged that allow even those who previously considered this area to be frivolous to earn income in the crypt.
Before starting work, you need to register a bitcoin wallet for free, to which income will be withdrawn. You can choose to spend them directly or exchange them for currency.
Withdrawal of bitcoins earned in fiat currency (common money) takes place in two ways:
- through Cryptocurrency exchangers to a bank card or an accessible e-wallet;
- through Advcash and Payeer systems.
Wallet owners have several public addresses and their corresponding QR codes, through which they can also receive payments.
With a BTC wallet, you can start earning from day one. All free methods of earning cryptocurrency imply that the user will receive Satoshi for performing certain actions. Paid options are complete investments at your own risk.
Earn bitcoins without investments: faucets, boxes, PTC
The work is monotonous and boring, but it is completely risk-free and suitable for beginners, so it is always at the top of the top options for earning bitcoins. The income here is literally a penny. For Completion tasks, they pay you a few satoshis – that's one-hundred-millionth of BTC.
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Faucets are sites where participants are paid to enter captcha. cin the English-speaking segment of the Internet, pay coins to view ads, click through, or complete simple tasks.
But do not be afraid of restrictions in the form of a minimum amount for withdrawing funds. Owners of these websites earn revenue from advertising and traffic, so it is beneficial for them to honestly pay users for their work.
Many sites have a bonus system that encourages the user for daily visits. The bonus can reach 50% of the previous day's income.
Earn Bitcoins – Bitcoin Games
These are the usual strategies, betting or gambling, in which winnings are credited not in fiat money, but in bitcoins. There are options without investments, but the gains are extremely low – up to several hundred satoshi. It's various blockchain-based puzzles, online shooters or answers to faucet access questions. There are options for iOS and Android platforms and even outdoor slot machines.
Self-investment alternatives are online casinos, poker, roulette, sports betting. Betting lists for Bitcoin are constantly expanding, but 90% of players simply lose their money. This is due to the excitement or term of poker – tilt.
This is an altered state of mind when, after a series of wins or losses, a person starts staking uncontrollably and without strategy, with full confidence that a good win awaits. The result of such behavior is zero on the account.
Mining
Many have heard of people for whom the main income is cryptocurrency mining. While the process is considered the most natural way to earn cryptocurrencies, in recent years it has undergone major changes and lost popularity.Mining literally translates to “extraction” of bitcoins. The user-miner's computer creates blocks within the framework of the cryptocurrency system and its owner receives a reward for doing so. But if before it was possible to earn dozens of BTC on a computer, now even complete farms made up of dozens of miners do not bring serious money.
An alternative to buying your own hardware is cloud mining. The user rents service farms that provide such services – pays a fee according to the required capacity and selects the pool of miners he wants to connect to. If the pool is promising, it is possible not only to recoup costs, but also to win.
Cryptocurrency for online work
There are several options to earn bitcoins for freelancers, webmasters or entrepreneurs:
- Selling digital or physical products for BTC using payment gateways that allow you to integrate cryptocurrency payments.
- freelance exchanges with payment of tasks in Satoshi. We are usually talking about jobs like website layout, writing modules or articles, creating logos.
- Placing the miner code on your website. When visitors enter captcha or use shortened links, the webmaster will receive a reward.
These methods are not suitable for beginners because they require a number of initial requirements. You need to have an active LLC or IP, a website with traffic or skills that are in demand in the online market. But this is the most reliable way to earn bitcoin.
Peer-to-peer loans and interest
Those who already own bitcoins can lend them to other people and receive payment in the form of interest. To do this, you need to register on any of the platforms for these services or on a user loan exchanger. Then indicate the amount you are willing to provide, the percentage you want, and the deadline for your money back.
Peer-to-peer lending works without a business aggregator who takes on the role of an arbitrator. Peering platforms help two people find each other, one of whom wants to borrow coins for margin trading and the other has the required amount available. The remuneration of the operation is usually fixed, and is around 13% of the debt. This interest can be earned in a few days or months, depending on how much money is borrowed.
cryptocurrency exchanges
Cryptocurrency exchanges are websites where anyone can buy or sell BTC. They are subject to standard currency trading rules. Therefore, a direct exchange of cryptocurrency for fiat money is possible. But after replenishing the account, you will have to work with stock quotes charts and technical analysis tools. And at the same time, both on Forex and on the stock market.
This type of trading is theoretically simple: buy low, sell high. But in practice, everything is much more complicated. Therefore, beginners choose the safest trading option – BTC arbitrage on two exchanges at the same time. Due to high volatility, bitcoin exchange rate may differ on different websites. The exchange fee difference lasts a few seconds, but this is a relatively reliable way to receive bitcoins quickly, which are immediately available for withdrawal.