So far, I have learned a lot about earning Bitcoin (aka. Stacking Sats) through various means. “Sats” is short for “Satoshi,” which is the smallest unit in FREE BITCOIN. And so far it has been going well.
For example, I charged a business US$150 for a service I provided last year. I asked him to pay me in BTC. He sent me 0.0133 BTC in August of last year. We know Bitcoin pays off.
As many of you know, bitcoin has been adopted in more countries lately and is now legal tender in El Salvador. Given these factors, more and more people are looking to switch their account currency to bitcoin or satoshis. I would recommend you do the same.
During the past 12 months, my bitcoin income has increased by 3X due to me learning to mine, trading, and earning from surveys. I have also been looking into alternative ways to make money from bitcoin including swapping it and holding it over time.
Here are some examples that can help you start, navigate, or enhance your Bitcoin earning potential today:
DCA Buying and Holding for 3 – 5 Years
Dollar-cost averaging into bitcoin is a strategy that can help you salvage your dire financial situation without losing sleep. Check out our guide on the subject.
One beginner-friendly investing strategy is HODLing, the term for buying Bitcoin and holding on to it no matter the fluctuations. First, sign up for a wallet that lets you store your Bitcoin securely; and then buy BTC while it’s still at a low price. When it comes to HODLing, patience is key!
If you think it’s time to sell your investment because the price has gone down, think again. Historically, nobody has continued this strategy for more than 4 years before deciding to sell. If you had increased your investment by 3X – 5X over the past 4 years, considering the current prices,
The term ‘HODL’ was first coined because of this. It started as a typo on an online forum, then became an internet meme, and now is a consequence-free investment strategy. In other words, HODL means to hold for dear life.
10 Practical Ways to Earn Bitcoin Today
1. Doing Microtasks for Bitcoin
A lot of easy bitcoin tasks can be done in your spare time. All you have to do is partake in surveys, watch videos, and install apps and you’ll have plenty of bitcoin to spend over the next few weeks.
Doing small jobs might not be the best way to earn a full-time living, but it can be done. Or even just to earn tiny fractions of bitcoins during your spare time. It pays more than faucet websites and you can always just do it on the side too!
(A) Survey Time
Taking surveys online won’t make you rich, but it’s a great way for anyone to earn free sats. To be frank, I’m not a huge fan of the idea of trading my valuable time for doing menial tasks. But this paid survey site really intrigued me.
Survey time offers a lot of quick surveys to do and simple tasks. The earnings are great! The tasks are easy and take less than 5 minutes to complete. So sign up for the platform and start earning bitcoins.
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For every completed job, you’ll get a reward of $1 worth of bitcoin instantly. This site also has no minimum payouts–you can convert your money to Bitcoin via Coinbase right away.
As far as I know, Survey Time is the best site for people who want to work from home and get paid. You can work from your phone or laptop in any country with no need for a bank account!
If you are open to answering questions, I recommend adding your profile on Timebucks. It’s completely free for everyone to join. Simply log in with your Facebook account, no approval needed and you can start earning bitcoins by taking as many surveys as you want.
When you answer surveys, you get points that can be exchanged for rewards. You can complete any survey and choose what the reward will be – an instant reward, a longer-term reward, or nothing at all!
Other ways to earn bitcoins include:
- Posting on TikTok
- Playing games
- Installing free apps
- Posting on Instagram
- Watching videos
- Completing Captchas
Once you hit the minimum withdrawal threshold, you can withdraw bitcoins to your wallet.
So what amount would you be able to procure with TimeBucks?
You can earn up to $50 worth of Bitcoin on your first day and roughly $10-20 each day thereafter depending on the task.
The best part is that you get $1 when you sign up here. If you want to earn more bitcoin passively, you can invite your friends and get a percentage of their earnings automatically. But first, you’ll need to create a free account and don’t forget to redeem your $1.
2. Earn through Bitcoin Faucets
A Bitcoin faucet is a type of online reward website that pays users bitcoins in return for doing simple tasks. For the bitcoins, users have to do things like enter a captcha or refer new people to the site.
There are other cryptocurrency faucets that give away small amounts of Dogecoin and Litecoin. These can be exchanged for Bitcoin on some reliable cryptocurrency swap sites, or traded on Binance.
It’s usually capped at a certain amount per day/month, but some faucets give coins for every 5 minutes. There are websites that will pay you to use them on a regular basis,
such as hourly, daily or weekly. Alternatively, you can get free coins by doing the captcha answers or various tasks that the website gives you.
However, the average payout is extremely low. To reduce the transaction fee, you’ll have to save those satoshis in the faucet site before sending the payout to your Bitcoin address.
What makes faucet sites a poor way to earn bitcoin is that the fractions are so tiny that one might as well just use them for micropayments, like making test transactions or
doing a few small trades. Before buying any coins, it’s best to make enough of these transactions first.
If you want to earn satoshis through faucets, I would recommend Cointiply because it has one of the highest paying averages in the market.
You can choose to get paid in Bitcoin, Dogecoin, Dash, Litecoin, or leave it in your account and earn a 5% annual fixed interest. I would recommend withdrawing it once you have accumulated a good amount of savings to keep it safe.
3. Earn bitcoin with a Crypto Savings Account
One of the easiest and most popular ways to make cryptocurrency passive income is via interest accounts or lending platforms. These decentralized finance services are often known as DeFi.
Coinswaps enable you to earn some interest (or swap your currencies) without having to use the ‘murky markets’. They allow you to earn interest on Bitcoin and other cryptocurrencies without needing a bank account.
Investing in Bitcoin and altcoins is a great way to earn a high return on your investment. Simply deposit your coins into your savings account, and the platform will do the rest for you – automatically.
4. Procure Cashback in Bitcoin When You Shop Online
What about getting awards in Bitcoin while shopping on the web?
Lolli is a Chrome extension that makes it easy to do research and earn commission on the Internet. Without doing any work of your own, get up to 30% when you visit over1,000s of online stores.
To acquire Free Bitcoin with Lolli, you simply need to follow a few basic advances:
1.Introduce Lolli augmentation on your chrome program.
2.Shop the web, Lolli will spring up to advise you on the level of Bitcoin you can procure back.
3.Purchase anything that you’re intending to purchase as typical.
4.Acquire free Bitcoin when you checkout utilizing Lolli.
(B) BlockFi – Bitcoin Rewards Credit Card
Get the world’s first credit card that gives you bitcoin back on every purchase. You can earn 1.5% back in bitcoin on every purchase with BlockFi.
Some of the BlockFi Credit Card bonuses include:
- 3.5% bitcoin prizes on all buys during your initial 3 months of card possession, up to $100 in bitcoin
- 2% bitcoin awards on each buy more than $50,000 of yearly spend
- 0.25% back in bitcoin for qualified exchanges on BlockFi, up to $500 in bitcoin every month
- $30 in bitcoin for each client reference, on top of the base Refer-a-Friend program
Issued by Evolve Bank & Trust, this metal credit card will work like a regular card and will be accepted almost anywhere. Whenever you make a purchase, the bitcoin rewards will be automatically deposited into your BlockFi account – no matter how much you spend.
BlockFi credit card is the best option when it comes to Bitcoin. You’ll have free access and no foreign transaction fees. It’s available to US residents(except those in NY).
How to get your BlockFi Credit Card:
- BlockFi is your gateway to Bitcoin Rewards, sign up for a free account today. Yes, you need a BlockFi account in order to apply for the Bitcoin Rewards Credit Card; a
BlockFi account is also necessary to receive your rewards.
- Take the next step in improving your financial future. Apply for a new BlockFi credit card.
3.Whenever you update BlockFi’s app, make sure you use the latest version. Previous versions of the app will expire for security reasons.
(C) Fold – Bitcoin Rewards App
The Fold App is the brainchild of 27-year-old Bitcoin app developer, Jack Mallers. He’s also spearheading Zap Inc. Before that, he burst into the mainstream in June 2021 when El Salvador’s President Nayib Bukele embraced Bitcoin alongside his country’s central bank, announcing that El Salvador “was going to break through with”
He revealed at a Miami conference that his company has been working with the government behind the scenes for months to make Bitcoin legal tender in the country. It is a good move, as it will help bring Bitcoin further into mainstream adoption.
If you’re a U.S. citizen, and use the Fidelity card (free to sign up!), you can receive rewards on your shopping.
Get ready, because The Fold app offers new rewards and prizes every day. Recruit other members to your team and compete for the grand prize: 1M daily satoshi!
5. Earn Crypto While Learning About Cryptocurrency
What better method for procuring free crypto while learning?
To get started, you’ll need to create a free Coinbase account. Once your account is approved, you’ll be able to explore the list of different crypto assets and earn them for spending time on site or referring friends.
There are tons of useful crypto projects and great learning opportunities available at Safefinder. You can select any crypto project, watch a short video, and participate in our quiz to test your knowledge. Just earn an average of $3-5 worth of crypto.
What digital forms of money would I be able to acquire?
Use the instant conversion tool under “Trade” on Coinbase to switch between different types of alts:
- Compound (COMP)
- Dai (DAI)
- Stellar Lumens (XLM)
- Maker (MKR)
- Zcash (ZEC)
- Basic Attention Token (BAT)
- 0x (ZRX)
- Orchid (OXT)
- NuCypher (NU)
- The Graph (GRT)
- Celo (CGLD)
- Filecoin (FIL)
- Band Protocol (BAND)
- Algorand (ALGO)
- Kyber Network (KNC)
- Tezos (XTZ)
- EOS (EOS)
6. Earn Bitcoin by Reading Articles
Love to acquire awards in bitcoin as you get more familiar with Bitcoin?
Carrot has a lot of cool features, one of which is that you can earn an arbitrary number of satoshis for each article you read! You’ll be able to withdraw your certain amount in bitcoin either via the Lightning Network or with regular bank transfers.
There is also an amazing 21-day email course that’s all about bitcoin. You can earn additional $2,100 just for signing up and learning more. I highly suggest giving 21 Days of Bitcoin a read to get started. It will teach you everything you need to know!
7. Bitcoin Peer-to-Peer Lending
Bitcoin, the most famous cryptocurrency of all time, is a decentralized and anonymous digital currency. If you have some bitcoins that are worth more than $100 to you, it might make sense for you to lend them out and earn interest.
Bitcoin is a type of digital currency that can be sent to anyone anywhere in the world without any restrictions. What’s amazing about this digital payment system is that you are always carrying a bank with you wherever you go.This way, it’s much easier for people to use their cryptocurrency instead of cash. Bitcoin also has many other benefits, such as being able to make micro-payments.
Traditional banking systems can be really difficult to navigate. If you have bad credit, or don’t have collateral, it can take weeks or even months to get a loan granted.The startup has experienced significant success in this part of their business, but they are having trouble getting loans from traditional banks. They find the startup
It now allows investors or borrowers to get a high interest rate, as well as saving time and effort.
P2P lending is becoming more and more stable with each passing day. There have been a lot of financial losses in the past, but this company has made it a priority to make sure there are no unfortunate consequences with their new platform. Bitcoin investing is growing in popularity, and we noticed this progress with the YouHodler platform’s 12% ROI. Read my full YouHodler review here.
If you want to learn more about bitcoin lending, check out these six sites: BTCMILES, BTCSTARS, BCOINPRO, BITBIZ CLIENTS, BITCOINLOANS, and BITBITCARD.
Important: Because digital currency can be bought and sold without any explanation of who, what, where or when you are being lent money to, it’s important to do your own research before investing in the currency.
8. Earn Bitcoin from Trading
If you want to make money trading cryptocurrencies, then there are some things you need to keep in mind like staying up-to-date on the latest news and technology changes.
It’s simple to say “buy low, sell high.” But it can be a lot to handle, especially when you’re trading. Most people lose money in the market, but those who sell fantasy numbers tend not to mention that away from the spotlight. What could they possibly be hiding?
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Breaking into the trading world can be tough, but finding the right information is crucial for your success. You should understand digital currency and its associated market principles, and you should also thoroughly research the company you intend to trade with.
With a social trading platform, you can copy successful traders by following their strategies and imitating their trades. Just make sure not to take any more risk than your own level of success!
9. Earn Bitcoin through Referrals
You can promote something you believe in and connect to a wider audience. When someone signs up for your link, you will receive an affiliate fee. If you’re already running a blog or website, or have a huge following on social media, promoting Bitcoin is a great way to make passive income!
Here’s how it works:
You sign up for an affiliate program that you trust and use. There, you fill up your profile and provide your Bitcoin address so they can send you earnings. You are then provided with a special link that will introduce other potential members to the site, offering free Bitcoin bonuses.
Share your link with the world and get bitcoin commission when someone clicks it and buys. Tweet, blog about, etc. to make people aware of it.
10. Accepting Bitcoin as Payment
It will be easy for any business to do their part in the transition from cash to bitcoin. They just need to install a ledger nano S, set up the software, and provide a QR code on their blog. Any business can get started now and keep track of bitcoins they’ve received through the day!
Your global reach is without a doubt another key advantage of incorporating blockchain technology. Speed up the payment process and eliminate fees by using this revolutionary technology. Consumers are also able to rest assured knowing their identity will never be compromised.
The best part about QR codes is that it’s incredibly easy once you get the hang of it. You can start by putting up a small QR code in your storefront and near your cash register to easily take payments with no extra hassle.
Over time, the pay-as-you-go convenience of our platform will save you a lot of time. And the accrual possibilities are endless — from a year ago to tens of years down the line.
There are many ways to earn BTC on this website. One of which is by offering services in exchange for payments in BTC. Writers, designers, and developers would all love the idea, but so would a lot of other professionals: youtubers, translators, and even marketers.
Let’s talk about how you can get started using AngelList to find freelance gigs. First, start a business page on AngelList. It’s also strongly advised that you set up your page with the “Scout for Hire” tab at the bottom of your profile.
LEGIT WAYS TO EARN FREE BITCOIN
Although it is not very easy to earn Bitcoin these days, there are still some legit ways to earn free Bitcoin.
Some of the ways people can earn free Bitcoin include:
- Participating in airdrops and bounties
- Mining Bitcoin
- Participating in trading platforms like Binance, Bitfinex, Kraken, etc.
There are several ways to earn free Bitcoin. The most common way is to download a Bitcoin wallet and buy Bitcoin with fiat currency.
There are also many websites that offer free Bitcoins in exchange for completing tasks such as watching videos, taking surveys, or visiting websites.
The easiest way to earn free Bitcoins is by participating in bounty programs on websites like Bitcointalk.
There are many legit ways to earn free bitcoin. The most common ways are to earn a free bitcoin by completing tasks on websites like faucets and captcha sites. You can also make money with these sites by selling your data or by becoming a marketer for the site.
There are many legit ways to earn free bitcoin, but the most common ways of earning it would be through task completion on websites such as faucets and captcha sites. You can also make money with these sites by selling your data or becoming a marketer for the site.
Read more : WooCommerce 15 Best Paid & Free Cryptocurrency Payment
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