The most popular way of earning free Bitcoin is through buying them on a Bitcoin exchange. While most of the people immediately sell their Bitcoins to accumulate instant profits, others peoples like to look for better opportunities in the future and tend to hold onto it longer, as it gains value depending on market rates. Bitcoin has seen a huge rise in value over the years.
There is some best and easiest way to earn free bitcoins in 2018 – 2019 I have a list of some best way of earning free Bitcoins you should check this list if you have interested in earning free bitcoins. So, if you’re also trying to achieving the same, you can also give it a try.
What is Bitcoin?
- Bitcoin the most prominent word almost known by all of us but do you know what exactly it is?
- Bitcoin is a cryptocurrency or a form of electronic cash.
- It is a decentralized digital currency which does not have any center or any manager.
- It is a peer to peer network which allows us to transfer bitcoin and make the transaction by the users easily without a need of any conciliator.
- Transactions are verified by network nodes through cryptography and are recorded in a record called a blockchain.
- However, Bitcoin was invented by a mysterious person or a group of persons using the name Satoshi Nakamoto.
- It was released as open source system in 2009.
- Bitcoins are created as a reward for a process known as mining.
- They can be exchanged for other currencies, products, and services.
- However, Bitcoin is a kind of reward processing unit which is very common nowadays we will also discuss some of the ways to earn free bitcoins so stay tuned.
- Read Also – How to generate free bitcoins?
Read More about Bitcoin
5 Best Ways to Earn Free Bitcoins in 2019
1. Bitcoin Mining
This is the best and easiest way to earn free bitcoins every bitcoin related website writes about Bitcoin Mining and how you can earn free bitcoins with Bitcoin Mining.
Firstly, mining Bitcoin is a fast or free method to earn Bitcoins. You will only need to invest a lot of time and research. In that process, new Bitcoins are generated because your system adds new transactions to the blockchain and finds new blocks. When you find a new block, you can receive a certain amount of Bitcoins At that moment, a block contains 25BTC and this number can change the course of time. Since Bitcoin mining is an interesting and cheapest process, most miners join a mining pool such as BitMinter.
2. Play games to earn Bitcoin
Probably the most fun form of work, there are a variety of Bitcoin games that does not require any investment and also this provides you a foolproof way to earn Bitcoin. there are few options like ChopCoin, Coinbrawl and Bitcoin’s and Aliens mobile app.
3. Complete tasks and earn Bitcoin
I’m a hundred and ten percent sure that most of the people enjoy sitting back and watching good tv or follow the latest online video craze. Imagine if you could earn free money by just watching online videos? There is Some websites offer a good return on Bitcoin just for watching their ads and following their website. Ads4btc is one such kind of website where viewers have to watch an advert lasting between 2- 60 seconds and are rewarded some amount of BTC.
COINADDER and Vidybit are more such websites that pay you some amount by simply for viewing their ads broadcasted. and there have some small tasks that Users can complete small tasks and answer questions to earn some money. CoinWorker and Bitfortip reward money for taking up small analytical tasks that you just give answering correctly in miniature quizzes. Earning Bitcoins by doing menial jobs such as the ones mentioned above is a viable and decent option but a significant increase in pay cannot be expected but this ways are more easiest and best for earning free bitcoins.
4. Earn Bitcoin through trading
Bitcoin trading is a more trustful and deeply complex form of gambling, which requires some understanding of the system and an outline of the concept before investing heavy assets. The safest, quickest and easiest method is through arbitrage. Users make the most of a good opportunity to buy an asset and immediately sell it at a higher price, only with the full knowledge that the asset can be sold immediately at the required price and if you have normally knowledge about bitcoins then you can earn more than you think.
5. Teaching about Bitcoin
Once you gain a high-level knowledge of the Bitcoin market and cryptocurrency in general, and you have lots of knowledge about bitcoins and bitcoins market then you can always impart knowledge to others who are starting off in the business and seeks guidance. Whether you can give investment strategies, choosing cost efficient mining hardware or setting up a mining pool, people around the world are on the constant lookout for experienced guidance or mentorship.