3.) How to earn free bitcoins

3.) How to earn free bitcoins

There are three methods to earn Bitcoins:

1.) Mining
2.) Trading
3.) Working in Faucet Sites

3.1.) Mining:

It is the process of getting Bitcoins using a specially designed computer hardware called “Bitcoin Miner“.

You either need to install a physical hardware at your home (or) create a contract with cloud mining centers.

The total bitcoins you receive will depend on your hardware mining clock speed, usually denoted as hertz(Hz).

Its price was based on its mining power and speed and however, the price starts at Rs. 25,000INR(500USD) to Rs. 10,00,000INR(20000USD) based on its mining power.

Mining Bitcoins requires an initial investment from you that includes buying the hardware, installing at your place and running 24/7 hrs to earn free bitcoins.

There is no work involved here, but you should maintain zero power-cuts to earn a decent amount of Bitcoins every day.

3.2.) Trading:

Trading is a process of buying (or) selling something that includes anything such as commodities, documents, pure money, shares, and dividends, etc.

Bitcoin trading is similar to pure money trading, where Bitcoin is the primary medium for buying and selling.

There are internet broker’s available who acts between the buyer and the seller to perform this trading operation.

If you have cash in hand, you can convert into Bitcoin and join with these online broker’s to start the trading.

You can start Binary Options Trading using Bitcoins because of less risk and huge earnings.

This also requires investment at the beginning. Also, it has a huge risk of losing your earnings.

3.3.) Working in Faucet Sites:

Bitcoin faucet is the reward program’s in the form of a website, where the user will be rewarded with Bitcoin satoshis.

Rewards may be set to avail at some interval around 30min (or) 60min once and will be rewarded after the user completes a small task such as Captchas.

This was started mainly to introduce the Bitcoin Cryptocurrency to the people and helping them to move towards cashless transactions.

This method is absolutely free and anyone can easily Earn Free Bitcoins without the initial investment. To start working in these sites, you should create an account with Blockchain Wallet.

To start making money from Bitcoins you need to create a free online wallet account with Block-Chain, where you can store your earned BT

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