Guide: Earn bitcoin from Bounty Programs

Guide: Earn bitcoin from Bounty Programs

By Tokenhell.com | Tokenhell | 21 Jan 2020


The simple and straight meaning of bounty is to give a reward in exchange for doing some tasks. The bounties programs now become an integral part of an ICO campaign. These tasks include blogging, sharing a post on Twitter and Facebook and participating in the BitcoinTalk signature campaign. In return, you will receive tokens of that cryptocurrency.

The main purpose of bounty programs is to raise awareness among the traders and investors of cryptocurrency, and building a powerful community.

Pros

  • Step by step guide available for earning
  • May book a good profit

Cons

  • Require a lot of hard work
  • Tokens may become worthless in case of project failure
  • Many scams

 

There are two types of bounty programs :  one is pre-ICO bounty program and the other one is the post-ICO bounty program.

  • In the pre-ICO bounty program, the foremost task is to spread voice in the sphere of cryptocurrency through social media sites.
  • The post-ICO bounty program includes; translation of whitepaper and project to other languages to increase more audience and to improve their official site.

Also Read: Crypto Lending — The Panacea for Borrowers

The question arises where you can find the best bounty programs to earn bitcoin (BTC).

On BitcoinTalk, you can discover best bounty programs to earn a handsome amount of cryptocurrency which converted into bitcoins.

There is a list of bounties on the dashboard of the forum where you can select one of your choices. For example, one of the above lists is selected to guide you.

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There are different proportions of rewards for respective different tasks. You can see this calendar of percentages for respective tasks.351665157-f3e1e53c4927100bbfb27248eaf37fa04856d235428e09359bc6c5372c3a0ee9.png

You can post about ICO on your Facebook platform.

Also Read: BitPay Enables XRP holders to buy Gift Cards to use on Amazon

351665157-34f84339604223161cc790cd2345fd8d2a9ffbda3d35c18be740c86711cbfd82.png

There is a big community of people interested in ICOs on Twitter: you can post it there if you have an account with a handsome number of followers.

351665157-0ef6e9152bb90ed061c0fad7f035ada92c979941382988880f3242ea9dfefa76.png

If you are good at writing articles and blog posts; you can write a detailed blog post about the project and share it on your website, blogger or any other recommended platform.

The problem with bounty programs is same as with airdrops many projects exit with scams while many don’t pay so when ever you think to participate in a bounty program first do detailed analysis of the project.

Also Read: Binance Whales cause Bitcoin price to drop to $8600 in just 5 minutes

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Tokenhell
Tokenhell

Tokehell is a Google News Approved Blockchain & Crypto News Agency Where You Can Discover News About Cryptocoins, Technical analysis, Blockchain Events, Coin Prices Marketcap And Detailed Reviews on ICOs, IEOs. STOs.

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