Eleven Ways to Earn Bitcoin and Cryptocurrency
Bitcoin

Eleven Ways to Earn Bitcoin and Cryptocurrency

By Buzzbeeg | The Crypto Cave | 24 Nov 2020


Eleven

  1. Write for cryptocurrency. There are so many different platforms you can write for to earn Cryptocurrency. There is Publish0x, Steem, Hive, Uptrend, Readcash and more. If you enjoy writing this is a great way to earn a little bit of crypto and practice your craft at the same time. 
  2. Mine cryptocurrency. This is the classic way to earn cryptocurrency but it’s not always very easy to do. You must have the right type of chip to mine with (either an ASIC Miner or a high quality GPU) and it certainly helps if you live somewhere with inexpensive electricity. There are successful mining businesses and plenty of people who have made a lot of money mining crypto. Just understand there is a learning curve to it.
  3. Presearch. This is a search engine that rewards it’s users in Presearch tokens merely for surfing the internet. The main use case the tokens provide is that if you want to advertise on their platform you must use their tokens. It’s easy crypto rewarding you for what you do anyway.
  4. Stake cryptocurrency. It has a similar purpose to mining because it secures a blockchain network and rewards users in tokens. The advantage of staking is that it is easier and cheaper to stake cryptocurrency than mining. There are many great projects out there to stake with; my favorite one is Divi Project. Divi Project is making cryptocurrency easier to use and if you are interested in staking crypto you should check out the Divi Project.
  5. Pi. The bad news about Pi is that it is not worth anything right now; you can’t trade it for Bitcoin or Ether. The good news is that it’s free to participate and there are millions who have already signed up. Network effect is key to the success of any cryptocurrency and Pi certainly looks like it could take off. Remember, it is free so you have nothing to lose.
  6. Faucets. Do simple tasks, watch videos, and take surveys. In response you get little bits of crypto. I don’t think this is the best way to earn but if you have plenty of free time it’s worth checking out.
  7. Lolli. It is similar to the Honey App where it rewards users for shopping online. Download the Lolli App to your web browser and go shopping on one of their sponsored sites including: Groupon, Udemy, and Sam’s Club. Buy at any of these stores and you will get a percentage of the money you spent back in Bitcoin. You might as well get rewarded for spending money on what you buy anyway.
  8. Day Trade. This is the easiest and the hardest way to earn cryptocurrency. There are hundreds of sites available to buy, sell and trade cryptocurrency. If you trade correctly there are a lot of gains to make; trade poorly and you will lose money.
  9. Coinbase Classes. Coinbase rewards users for learning about various cryptocurrencies. Learn about cryptocurrency and stack some Satoshis; it’s easy, risk free and educational.
  10. Bounty0x. Look up Bounty0x and earn cryptocurrency for sharing about new cryptocurrencies. It helps if you have large Twitter and Facebook accounts that have plenty of eyeballs. Keep in mind you will get rewarded in tokens for brand new crypto startups. Some will be successful and others will be duds. Regardless, it’s an interesting way to earn some tokens.
  11. Blockfi. Last but not least is Blockfi; an interest bearing account for popular cryptocurrencies like Bitcoin, Ethereum and Litecoin. You can take loans and use your crypto as collateral or stake your crypto on the site and gain up to 8% APY. Keep in mind, your earning is based on the different type of crypto you are staking and the amount. You will not be paid in fiat but will be rewarded in the crypto you are staking. It’s a great way to gain more Bitcoin.

Well that’s 11 but there are many more ways to earn crypto. To learn more about cryptocurrency follow my Quora Space: The Crypto Cave.


Buzzbeeg
Buzzbeeg

I work for several Cryptocurrency projects including Silica neXus and Divi Project. I also write on Quora and share many of the same posts that I share here.


The Crypto Cave
The Crypto Cave

The fun side of crypto; making money, blockchain games and learning.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.