Real ways to earn money with Bitcoin

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Contents

21 Ways to Make Money with Bitcoin in 2020

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Reaching a price of nearly $20,000 in late 2020, Bitcoin has been a volatile cryptocurrency that everyone wants to get their hands on.

Whether you need to diversify your investment portfolio or you’re looking to make money fast, Bitcoin can provide you with both.

All you need to do is make sure you understand the Bitcoin market and the various ways you can earn money through cryptocurrencies.

It is not easy to earn Bitcoin and subsequently make money with Bitcoin, and it often takes time, patience, and potential up-front investment to make it happen.

The good news is that there are more and more ways to earn money through Bitcoin. Some methods require little effort, meaning typically lower returns, and other methods require a lot of time and effort and typically earn you more money.

We’re here to help you navigate Bitcoin and provide you with 21 ways that you can make money with Bitcoin in 2020.

Table of Contents

1. HODL

If you’re familiar with Bitcoin and the cryptocurrency market, you’ve probably come across the term HODL in your research.

Stemming from an upset blogger discussing buying and holding cryptocurrency, HODLing your Bitcoin is simply buying your coins and holding them to let them grow in value over time.

Stable cryptocurrencies such as Bitcoin have an upward price trend, although the day-to-day price can vary wildly.

Once you purchase your Bitcoin, all you need to do is wait until the price grows or reaches your sell threshold, allowing you to objectively sell of your cryptocurrency to make a profit.

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While the effort for this method is low, the risk can be quite high, as it’s possible to lose your entire investment if the value of Bitcoin crashes.

2. Trade Time for Bitcoins

There are many sites out there that now pay users in Bitcoin and other cryptocurrencies to complete surveys, watch targeted advertisements, browse websites, and even play games online.

Paid survey sites have been around for years and provide businesses around the world with meaningful consumer data.

Marketing agencies are now turning to cryptocurrencies to draw in more users.

These lucrative payouts can mean bigger financial gains for consumers taking the surveys and completing eligible activities.

Kinit and Earn.com are two reputable survey sites that pay in cryptocurrencies.

Even more established survey sites are utilizing cryptocurrency as an additional form of payout.

Depending on how much time you dedicate taking surveys and completing tasks, this can be a viable option to make money with Bitcoin.

3. Faucets

A useful marketing strategy that rewards consumers when they connect with brands, faucets are designed to get consumers to visit a specific website and interact with targeted advertisements.

These faucets release very small amounts of cryptocurrency during a limited window of time, and not every interaction is guaranteed to reward you with cryptocurrency.

Clicking links and submitting contact information are the two most popular ways to earn cryptocurrency through a faucet. Other tasks such as watching videos or simply interacting with the site can also earn you free cryptocurrency.

There is very little effort involved once you do find a faucet. If you don’t mind targeted advertisements sent to your email after filling out your contact information, faucets are an easy way to earn free crypto that you can turn into profit.

4. Airdrops

Airdrops are another marketing tool, often used by wallet software companies to attract new users or keep their existing userbase.

When a wallet offers an airdrop, it means they are offering free cryptocurrency for completing tasks such as opening a new account or creating a new wallet in your existing account.

There is very little risk involved as you typically don’t need to make any purchases or investments in order to receive the offer.

You typically need to complete an action in your account or engage with the company via email or social media to be rewarded with free cryptocurrency.

Getting free Bitcoin is one of the simplest ways that you can earn money with digital currency, as you can simply turn around and sell off your Bitcoin or use one of our other strategies to earn even more.

5. Micro-Transactions

Much like paid survey sites, there are other websites that will pay you in Bitcoin and other cryptocurrencies for completing small tasks online.

These sites operate similarly to Amazon’s Mechanical Turk, a platform where companies around the world can pay users to complete micro-jobs.

Rather than being paid in nickels and dimes, you can be paid in cryptocurrency, which can grow rather quickly in the right market.

CoinWorker is a leading platform that offers users cryptocurrency in exchange for completing micro-jobs.

The effort can be as much or as little as you want to put into it, but don’t expect to become a Bitcoin millionaire overnight.

6. Make Money with Bitcoin by Trading

Trading Bitcoin is one of the most lucrative ways to earn money, but it also requires advanced skill and cryptocurrency knowledge.

Digital currency trading works just like any other trading market, such as the stock market.

You need to understand how the market behaves, how to identify trends, and what platforms are best for trading.

While the risk is extremely high due to the volatility of the cryptocurrency market, that also means the rewards can be that much greater.

7. Signature Campaign

BitcoinTalk is a leading Bitcoin and cryptocurrency forum that actually pays its users for submitting high-quality posts.

Payment is only available in categories and topics that are tied to a specific product campaign, indicated in the signature of the post, which is why it is called a Signature Campaign.

BitcoinTalk has a running list of active campaigns on the site. All you need to do is add a product campaign to your signature in order to get paid.

This acts as an advertisement for the product or company, and you can be highly compensated if your posts generate a lot of traffic.

8. Affiliate Programs

Affiliate marketing is an extremely popular way to streamline online revenue and even create passive revenue, whether you have a blog or a large social media network.

You can make money with Bitcoin affiliate programs just like you’d earn through an affiliate program with another product or service.

The more people that you refer to the business offering Bitcoin as referral payment, the more you can earn.

This option does often take a lot of time in order to build an audience, gain their trust, and convince them to sign up using your link.

It also is very low risk as there is often not much more involved than creating copy and posting to your blog or social media account.

9. Earning Dividends

There are some cryptocurrencies that pay you dividends simply for holding those coins, which you can then use to purchase more coins and build your dividend payouts.

While Bitcoin is not a dividend coin, Bitcoin Cash and Bitcoin Gold recently paid out distributions, meaning dividends could be on the horizon for the cryptocurrency giant.

10. Gambling

We do not recommend gambling your Bitcoin, but we did want to review the possibility of earning money by gambling in online Bitcoin casinos.

There are countless scam websites out there that are just simply trying to take your cryptocurrency, and many of them front as legitimate online gambling sites.

However, there are legitimate online casinos out there that do post their odds and that players have earned money through.

Bottom line, always do diligent research before gambling Bitcoin online.

11. Write about Bitcoin

Content is king, and if you are an expert in Bitcoin, you can get paid for sharing your expertise.

Writing about and teaching others about cryptocurrency is a great way to make money with Bitcoin online.

With more and more websites focusing on cryptocurrency, and Bitcoin specifically, skilled writers who are well-versed in Bitcoin are in high demand.

There may be a larger time commitment with this option, but the payoff is almost always worth it.

12. Lending

Another option with potentially significant returns is lending your Bitcoin through a dedicated lending platform such as Bitbond.

You’ll be connected with eligible borrowers and can earn significant interest on your Bitcoin loan.

In fact, Bitcoin loans have interest rates that are often much higher than personal loan interest rates.

However, lending your Bitcoin is extremely risky, as there are currently no federal regulations around digital currency loans, so always lend at your own risk.

13. Mining

Another common term, mining is used to earn cryptocurrency and help complete the public blockchain record.

Every Bitcoin transaction that is made across the world is added to the public ledger.

This ledger is a public record that is not centralized, meaning it is secure and virtually impossible to alter.

Before any transaction is finalized and added, miners need to validate the data and are rewarded for their efforts with free cryptocurrency.

While it was once possible to mine on your home computer, there is so much competition today that the algorithms have become too complex for standard processors to handle. This means that a large up-front investment is often needed to rent or purchase the necessary equipment.

If you want to make money with Bitcoin individually, mining may not be your best option as you need a large amount of capital just to get started.

14. Accept Bitcoin as Payments

If you’re a merchant that sells goods online, you can now set up your payment portal to accept Bitcoin as a form of payment.

Rather than accepting local currency or having to pay fees for international currency exchanges, accepting Bitcoin streamlines your payment process and allows you to accept payments from anywhere in the world.

Not only does it make it easier for international consumers to buy from you, but you’ll also be paid in a currency that can greatly increase in value in a short amount of time.

You’ll need to stay on top of your pricing in order to maintain relevant prices based on the current Bitcoin value.

15. Long Game Savings

Long Game Savings is a financial tool that also rewards you with free cryptocurrency for simply meeting your savings goals.

When you sign up for Long Game Savings, you’ll answer questions about your goals and your current financial situation.

You’ll receive personalized recommendations and a tailored savings plan based on your answers.

When you meet your goals, you’ll unlock fun games that reward you with free cryptocurrency.

16. Coinbase

The sleek, easy-to-use dashboard makes it simple to buy and sell Bitcoin, as well as manage your cryptocurrency portfolio.

Coinbase has over 20 million users and has processed over $150 billion in cryptocurrency transactions to date.

Download the app to your phone and use Coinbase’s secure wallet to keep your cryptocurrency safe and secure.

17. RunCPA

Maximize your Bitcoin earnings by signing up for RunCPA, the world’s largest cryptocurrency affiliate network.

When you sign up as an affiliate marketer, you’ll unlock access to hundreds of affiliate partnerships with companies around the world.

Simply select the offers you want to use and start promoting to your customer base.

The platform makes it easy to browse offers, review earnings, and make withdrawals.

18. Bit Panda

Another popular Bitcoin platform, Bit Panda allows users to quickly buy and sell Bitcoin and other popular cryptocurrencies.

While primarily focusing on the European cryptocurrency market, this worldwide market is used by traders around the globe.

With dozens of cryptocurrencies to choose from and a streamlined dashboard, you can start trading in no time.

19. Coin Bucks

Coin Bucks provides you with free cryptocurrency such as Bitcoin for completing online tasks.

These tasks include completing surveys, installing applications on your mobile devices, and affiliate marketing programs.

Coin Bucks regularly updates offers, meaning there are always new ways to earn free cryptocurrency, which you can keep for growth or sell for a quick profit.

As soon as you complete an offer, your account is instantly credited, and you’ll be paid out the very next day.

20. Secure Your Wallet

Choosing a Bitcoin wallet that’s trusted and secure protects your assets and can help your cryptocurrency value grow safely.

With so many scams out there today, it’s easy to get caught up in “get rich quick” schemes that are trying to take your crypto.

21. Always Do Your Research

Finally, one of the best ways to make money with Bitcoin is to always do thorough research.

Whether you’re downloading a wallet, tapping into a faucet, or trading Bitcoin online, always research the platform, market price, and trends in order to make a sound decision.

It’s easy to get caught up in an online scam and lose out on money, so it if sounds too good to be true, it probably is.

What’s Next?

Now that you have some tips on how to make money with Bitcoin in 2020, it’s time to get out there and start earning.

While Bitcoin can be confusing if you’re not a seasoned investor, these practical tips can help you earn more with each Bitcoin transaction.

Have any more top tips for earning money with Bitcoin? Let us know in the comments!

Logan is a practicing CPA, Certified Student Loan Professional, and founder of Money Done Right, which he launched in July 2020. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.

10 Actionable Ways To Make Money With Bitcoin in 2020

Luxury, lambos, and insane profits leave people wondering how to make money with Bitcoin in 2020.

All you need is a basic understanding of where to look (and where not to), what to learn, and how to manage your time. And then stick to those principles — which may be the most challenging part.

In this article, I will explain different approaches on how to earn money through Bitcoin today.

I will begin with simple, low-cost methods, and go on to more complicated, higher-cost ones. By the end, you will be well equipped to start your journey.

Note: If you’re ready to put money on the table, I advise you skip to the 5th point on how you can earn money off Bitcoin “Invest in Bitcoin”.

1. Learn About Cryptocurrency

Do you know that you can make money with Bitcoin and cryptocurrencies, just by learning how they work, how their price is determined, on which platform to buy and sell Bitcoin, etc.?

Knowledge is power — and it’s truer than ever with cryptocurrency.

But learning doesn’t need to be tedious and confusing with only the promise of earning Bitcoin and cryptocurrencies sometimes in the distant future.

For instance, Coinbase, the largest and most popular cryptocurrency exchange in the world, offers the following (brilliant) incentive for its members.

With Coinbase Earn, you can learn about a cryptocurrency — and earn it.

It’s simple: watch a few videos (max 10 min. total) about a specific cryptocurrency — and earn up to $50 dollars in that currency you just learned about. You can then convert it into Bitcoin using the Coinbase exchange — and boom, you got one way to make money with Bitcoin without risk.

The videos are concise, informative, and entertaining. The best part being, of course, is that you earn the currency and can begin trading it or sell it for fiat .

Once you’re hooked on the basics of cryptocurrency, you’ll no doubt want to learn even more.

Take note that not everyone is eligible to participate. The best way to know is to try to participate and join the waitlist, if any.

At Cryptomaniaks, we happen to offer a premium course on how to become a successful crypto investor.

There are no rewards — well, except for knowledge — but the videos are longer and the lessons deeper and more fulfilling than what you’ll find at Coinbase Earn.

2. Surf The Web With Brave

What is Brave? Well, if you’ve signed up for Coinbase Earn, you might already know!

Coinbase Earn has a short course about Brave and its very own cryptocurrency token — BAT. So, how do you make money with Bitcoin using Brave?

Just browse the internet and earn!

If you haven’t seen the course, then here is a short intro: Brave is a web browser, much like Google Chrome and Safari.

The biggest differences, however, are that Brave respects your privacy and will allow you to opt-out of ads.

If you choose to see ads anyway, then you will earn by clicking on them.

That’s right, you will no longer be Google’s guinea pig — being forced to see popup ads while all your browsing data is sold. By using Brave, you know that no one is exploiting your browsing data without your consent.

And the best part is: Anyone in the world can use Brave and earn with it.

Note that Brave will pay you with their BAT token — not with Bitcoin. BAT stands for ‘Basic Attention Token’. Once you earn BAT tokens, you can choose what to do with them: sell them for fiat , tip your favorite content creators with them, and more.

Of course, you can easily convert them to BTC on Coinbase — which is why I included Brave in this guide on how to make money with Bitcoin.

3. Make Money With Bitcoin Affiliate Programs

Affiliate programs are a simple concept: websites pay you commissions for referring customers to them.

Bitcoin and other cryptocurrency affiliate programs will, naturally, offer to pay you in BTC. So how can you earn money in Bitcoin? Join such a program.

If you have a blog, YouTube channel, or other social media account: join a crypto affiliate program and share your links. Boom. Off to the races.

If you don’t produce content, then share your links with your friends, family, and post them wherever you can.

You’ll be earning Bitcoin and showing them that they too can learn how to make money with bitcoin.

Get started by visiting the following sites offering affiliate programs:

ByBit

Bybit is a cryptocurrency derivatives trading platform which serves both retail clients and professional derivatives traders.

Deal: 30% of the revenues generated by your referrals.

To Participate: Follow these steps closely.

CommissionKings

CommissionKings is a platform that manages the affiliate programs of many gambling sites which provide gambling services worldwide. And guess what: most of these websites accept Bitcoin as a payment method.

Deal: Commissions based on revenues, from 20% to 50% depending on the site you promote.

To Participate: Create an account and start promoting!

More options coming soon!

4. Work in the Bitcoin Industry

Working in the Bitcoin industry goes beyond just monetary value. There is no better way to learn how to make money with Bitcoin than by working with Bitcoin. The cost here is time and discipline.

If you take the time to understand crypto and can translate your expertise to the cryptocurrency industry, then your skills will be in high demand amongst the financial and technology worlds.

Most people have zero understanding of blockchain technology, crypto economics, mining , or how to think critically about its implications.

Given the lack of understanding coupled with rising demand, cryptocurrency experts can easily make upwards of $90,000, $150,000, $200,000 or more depending on experience.

And you know what?

Most of these jobs can often be done remotely, from anywhere in the world, and pay anywhere between $40,000-90,000 per year. Plus, they may very well offer to pay you directly in Bitcoin — which makes learning how to make money on bitcoin so, so much easier.

Let’s take a closer look at the various opportunities.

Community Managers

Don’t underestimate the importance of an excellent community manager. Many crypto projects have Facebook and Telegram groups, not just announcement channels. Which means that there is high demand for real-time support and engagement between the company and clients.

Many of these groups can have 15,000+ members chatting live, which requires prioritizing support requests, keeping clients happy, and fostering ongoing discussions with users.

Besides, managing a community of people with diverse thoughts, concerns and questions about BTC will keep you sharp — quickly improving your knowledge on ways you can make money with Bitcoin.

Content writers

Content creators, on the other hand, must be professional wordsmiths who understand how to communicate to the cryptocurrency market and adequately use the correct lingo in web copy, white papers , and blog posts.

Lots of cryptocurrency websites are popping up, whether they are content-based (like us) or launched their own cryptocurrency.

If you gain some knowledge and experience as a content writer, then you are well on your way to making money with Bitcoin. It’s easier to learn how to make money with Bitcoin when you’re writing about it almost every day and being paid to keep up with all the latest trends.

Oh, and do you know that CryptoManiaks hires new writers regularly? So feel free to apply :-)

Blockchain Developer

Blockchain developers are arguably the most in demand professionals in the space. Those who understand how to practically build, debug, and improve upon blockchain networks are tough to find — and as a result, are paid handsomely.

To be a developer in the space requires not only knowing software development but specifically blockchain protocols and decentralized networks. Making money with Bitcoin becomes simple when companies are paying you in Bitcoin.

Blockgeeks.com is the best place to learn the basics and get your foot in the door — For Free. They offer the best resources available on Blockchain technology and have already trained an incredible number of blockchain professionals.

CryptoManiaks Tips: if you use our exclusive coupon codes CryptoManiaksPRO and CryptoManiaksACC, you’ll also get 20% off their premium content.

Next, let’s answer how you can make money with Bitcoin by actually investing in Bitcoin and cryptocurrencies — and by leveraging your investment.

5. Invest in Bitcoin

Perhaps the easiest — yet no less stressful — answer to the question “how to make money with Bitcoin” is to buy some BTC (or just a few bits of BTC) and hold them.

Even people who bought at every ATH most often times will make money.

Bitcoin peaked at $32 in 2020, $260 in 2020, $1,300 in 2020, and of course $19k in 2020.

After each peak BTC saw a big correction, it’s true. But for the people who held on — they were able to cash out at the next cycle. That’s where profits come from — holding on.

Buying and holding is fairly easy if you don’t know the basics. You don’t need to learn to code or learn about other cryptocurrencies. All you need to do is buy Bitcoin hold it.

But … What about keeping your Bitcoin secure? What about not getting scammed or hacked? These are also important questions.

You can navigate our website (and the whole web) to find answers, or you can invest in our premium course to get the answers and find the knowledge that will help you make money with Bitcoin 10X faster.

6. Earn First Deposit Bonuses

When you are comfortable buying, selling, transferring, and holding Bitcoin, the world of ways to earn bitcoin begins to open up.

For example, just depositing and buying BTC on the following exchanges will make you earn more BTC.

Keep in mind though, that you won’t earn if you don’t use the links below.

Coinbase

Bonus amount: $10 worth of BTC

Release Terms: Buy 100 $/€/£ worth of any cryptocurrency

Bonus amount: $25 worth of BTC

Release Terms: Buy $5 worth of any cryptocurrency using your US bank account to deposit.

Eligibility: US residents only.

Bitbuy

Bonus amount: $20 worth of BTC

Release Terms: Buy $100 worth of any cryptocurrency.

Eligibility: Canadian residents only.

Delta.Exchange

Bonus amount: Up to 0.01BTC for trading (50% bonus)

Release Terms: Deposit up to 0.02BTC

Eligibility: Everyone except US and Japan residents.

Bybit

Bonus amount: $60 worth of BTC/ETH/EOS/XRP for trading.

Release Terms: Deposit at least 0.2BTC or 6ETH or 100EOS or 1500XRP.

Eligibility: Everyone except US, Québec (Canada) and Singapore residents.

7. Make Money With Bitcoin Lending

Lending is an excellent way to earn money from Bitcoin.

Lending is underutilized, and we cannot stress enough how great of an opportunity it is to make money with Bitcoin.

Especially if you’re HODLing. If your favorite way to make money with Bitcoin is just buy and hold — then you must consider joining a site where you will lend your BTC to others while you earn interest.

Don’t worry, most of the best lending platforms are insured. If something happens — you’re safe in the knowledge that you will get your BTC stash right back.

Our favorite option to make money with Bitcoin by lending it is Celsius Network.

They offer the best returns on your BTC, and have a pleasant customer service experience.

8. Make Money With Bitcoin Trading

How to make money with Bitcoin? “Trading!” they say. Trading is the approach that everyone thinks will get them rich.

While this can be true, it requires lots of work and dedication to become a profitable trader.

As opposed to regular investors or ‘HODLer’ who buy cryptocurrencies and hold them for a long time, traders enter and exit positions intraday, flipping coins for profits hoping to make hundreds or thousands each day.

This requires understanding technical analysis, fundamental analysis, and all of the trading tools at your disposal.

While on the topic of trading, let’s discuss a couple of basic trading strategies

Leverage Trading

Many times, traders use leverage to borrow and trade with more funds than they have. This is called margin trading.

This can be an excellent way to make money from Bitcoin if you believe Bitcoin (or any other cryptocurrency available) is going to rise in price in the short term. And some platforms allow leverage trading up to x100!

Let’s take an example: Bitcoin is at $10,000 and you believe it will go over the $11,000 threshold soon (which means Bitcoin will make +10%).

If you trade 0.1BTC and use an x10 leverage, you would make 0.1BTC (100% ROI) if your prediction was true. On the other hand, your trade will be liquidated and you’ll lose your 0.1BTC if the price of Bitcoin goes below $9,000 (as Bitcoin would make -10%).

Margin trading requires you to always have a certain amount of collateral in your margin account. Collaterals are used by cryptocurrency exchanges to secure the loan: if you’re not able to pay them back, they sell your collateral to pay themselves back.

Important note: The whole process of borrowing money and paying back the loan is automatic on cryptocurrency trading platforms. All you have to do is setup the leverage multiplier and click “long” (if you believe Bitcoin is going up) or “short” (if you believe Bitcoin is going down).

Leverage trading may seem like the answer to how to make money with Bitcoin — but keep in mind it’s easy to get liquidated too. Approach with caution and education.

Shorting Bitcoin

If you believe Bitcoin (or any cryptocurrency) is going down, or if we’re in a bear market, you can decide to short Bitcoin to profit from downtrends. Shorting is commonly referred to as short selling or selling on margin.

Here is how it works:

  • You borrow a quantity of Bitcoin using your collaterals.
  • You sell them for another currency, let’s say USDT which is a stablecoin .
  • If Bitcoin goes down in price, you can purchase back the same amount of BTC for a lower amount of USDT.
  • You pay back that same quantity of BTC you borrowed.

That way, if your prediction was right and the price of Bitcoin went down, you’ll keep the difference for yourself!

Shorting the market gives you an incredible edge over other cryptocurrency investors, and is how traders make money from Bitcoin (at least the most educated ones).

Indeed, not only you’ll be able to make money when Bitcoin’s price goes up, but also when it goes down.

Best Bitcoin Trading Platforms

Here are the 2 best trading platforms I recommend using.

Bonus amount: Up to 0.01BTC for trading (50% bonus)

Release Terms: Deposit up to 0.02BTC

Eligibility: Everyone except US and Japan residents.

Bonus amount: $60 worth of BTC/ETH/EOS/XRP for trading.

Release Terms: Deposit at least 0.2BTC or 6ETH or 100EOS or 1500XRP.

Eligibility: Everyone except US, Québec (Canada) and Singapore residents.

CryptoManiaks Tips:

If you’re in one of the prohibited countries, note that you can use a discrete VPN to change your displayed location and use these trading platforms freely. Although I do not recommend it, I know for a fact that lots of US residents use VPNs to trade cryptocurrencies.

9. Make Money With Bitcoin Gambling

Gambling is gambling — it’s one of the oldest industries in the world.

No surprise that Bitcoin gambling sites have cropped up to answer the call of how to make money with bitcoin.

Be careful though, as regulations haven’t caught up to the crypto gambling industry. Scams and bad odds are out there.

Fear not, we’ve compiled a list of the more reputable bitcoin gambling sites.

Sportsbet.io

SportsBet is one of the best. They accept Bitcoin and many cryptocurrencies. Unfortunately, they do not accept US, Australian, UK, or Estonian punters.

  • Pros of Sportsbet: Good from a legal standpoint, great customer service, they offer deposits with BTC, ETH, LTC, SOC, $US, $CA, EUR, INR, and more. They also accept Visa, Mastercard, MuchBetter, Ecopayz, Paysafecard, and more.
  • Cons of SportsBet: Restricted to players from many countries.
  • Games available: Sports Betting, Casino Games
  • Bonus: Various promotions
  • Availability: Worldwide, excluding US, Australian and UK residents.

Fortunejack

As one of the first Bitcoin sports betting websites (launched in 2020), it’s no wonder why FortuneJack is one of the highest-rated cryptocurrency gambling sites.

They have 24/7 support, fast transaction speeds, and include BTC, BCH, LTC, ETH. All while offering a large selection of games: Dice, Blackjack, Roulette, Poker, Video Slots.

Keep in mind, though, that they offer deposits and withdrawals in crypto only — no fiat support.

Games available: Sports Betting, Casino Games

Bonus: First deposit bonuses 110% up to 1.5BTC and various bonuses

Availability: Worldwide, excluding UK, US, and a few more countries.

NitrogenSports

NitrogenSports is anonymous for players — which is great for privacy advocates. Plus, they don’t have any banned locations for gambling on their site.

Though they offer casino games as well as sports betting, including all the major sports for betting such as soccer, basketball, American football, as well as esports — they accept BTC only.

Thankfully, you can begin betting right as soon as they create an account for you. The account is also anonymous, payouts are quick, and their customer service helps too.

Games available: Sports Betting, Casino Games, Poker

More Options And Awesome Gambling Resources:

10. Make Money With Bitcoin Mining

Miners are arguably the most integral part of any decentralized blockchain network. They validate transactions, keep the network secure, and ultimately keep transactions moving.

Without miners, transactions would be stale and the Bitcoin network would be useless. As a result of contributing to the network, miners receive coin rewards, more technically known as block rewards . You do not need Bitcoin to mine, just some upfront cash to invest.

Mining has grown into a massive industry with giants such as Bitmain and other institutional sized mining farms. Big profits are to be made, but not without significant upfront cost.

Most cryptocurrencies require mining rigs for the miner to reap any benefit as mining with your basic computer (CPU) won’t do anything besides maybe increase your electricity bill.

Mining requires buying a mining rig or creating your own. Generally, mining rigs are made of 2 or more graphics cards (GPUs) because GPUs are much more powerful than CPUs, generating more hash power. Once you have the hardware rig, you can then connect your rig to a mining pool, which allows you to more easily direct your hashing power towards Bitcoin’s network.

Be aware that a mining rig can cost anywhere from $1,000 or more, and running these will also increase your electricity bill significantly.

If you would like to make money with Bitcoin mining but don’t want to invest a lot of money upfront, you should try Nicehash.

Nicehash is a cloud mining company. This means that you don’t need to worry about having your own mining hardware — instead, you can experiment mining at different networks using the Nicehash network.

Note that many cloud mining companies are unreliable, but I can safely recommend Nicehash. Go have fun with it and see what happens.

Conclusion: How Should I Make Money with Bitcoin?

There are no best methods on how to earn money with Bitcoin than those I covered. Now, you have to find the method which suits you best — there are no rules.

If you are not sure, then book some time and explore each option. And if you find yourself feeling lost — as we all do in the cryptocurrency space — then remember we offer a premium course on cryptocurrency investing which addresses, in-depth, questions about most of the topics discussed in this guide.

Ultimately, my best recommendations on how to make money with Bitcoin successfully are the following:

  • Learn about Cryptocurrency (#1)
  • Invest in Bitcoin and other cryptocurrencies (#6)
  • While enjoying first deposit bonuses (#5)
  • Lastly, earn interests from them (#7).

These are, in my opinion, the easiest and most efficient ways to make money with Bitcoin.

And remember: with all the opportunities Bitcoin brought to the world, and as long as you stay active and open-minded, you should find out how you can earn money with Bitcoin.

How to Earn Money with Bitcoins? 15 Best Ways to Get Bitcoins

Let me introduce the 15 ways on How to Earn Money with Bitcoins?

Back in 2009, a Blockchain database expert(s) sat down and decided to develop a digital currency named Bitcoin, under a Blockchain platform, which made a paradigm shift to a mysteries point of view on the internet.

However, the developer(s) of the Blockchain digital currency – Bitcoin is/are unknown, but he/she/they go by the name Satoshi Nakamoto. Satoshi Nakamoto is regarded as an individual or a group of people which up to now is not clear due to unknown reasons.

The inventor of Bitcoin also invented the Blockchain database which is widely used in the cryptocurrency economy.

The blockchain is a digital platform that is incorruptible it further encompasses digital ledger of transactions that can be improvised to record financial transactions and everything that has value.

The blockchain is the backbone of all digital currencies platforms and smart contracts carried out in the cryptocurrency ecosystem.

Bitcoin’s main aim is enhancing economic transactions and exempting traditional transaction systems which are insecure such as banking and direct trading.

A technological wave that has drawn massive attention and demand from corporations, enterprises, and individuals who understand the profundity of the Blockchain technology.

Nonetheless, many people in the 21st century are not familiar with the Bitcoin concept. The public is eager to find out how the Bitcoin and the entire Blockchain technology works.

What did Satoshi Nakamoto intend with the invention of this undeniably ingenious design of the Bitcoin and Blockchain technology?

What is the value of this invention? This article will provide you with the guidelines and profound explanations on how to earn money with Bitcoins and Blockchain technology.

To start with, there are endless methods to capitalize on the new technological invention. Here are some of the ways including a profound explanation for the beginners and people who do not understand the Blockchain concept:

1.) Cryptocurrency Validation:

Currency speculation or validation characterizes buying, selling and holding of currencies for a profit. This is not a strange form of investing since all currencies not only the digital currencies are speculated.

The same way applies to cryptocurrencies. However, in the digital currencies speculation might be a tougher task than expected because it accompanies financial related risks.

You need to have a considerable amount of capital to buy Bitcoin currencies, additionally, you are not guaranteed your speculation that the currency is going to hike given the volatile nature of the crypto ecosystem.

On the contrary, cryptocurrency technology is becoming widely accepted following its beneficial characteristics. Many people have become crypto experts and gained wealth through the platform.

Therefore, if you are capable of buying the Bitcoin currency and hold for a while then sell it later, you might make yourself a significant amount of money.

The only advice I can provide is for you to speculate wisely and watch on the market trends to avoid landing in a pit of regret.

2.) Means of Payments:

This is the simplest way to earn free bitcoins daily from the Internet and one of the best methods on how to earn money with bitcoins?

Because all business people either small businesses or companies can start accepting Bitcoins as the means of payments so as to earn more Bitcoins.

The steps to switch to Bitcoin as a mode of payment are as follows:

2.1.) Obtain a Bitcoin wallet:

A Bitcoin wallet is similar to a bank account with its functions. All you need to have is a verifiable email address to have a Bitcoin wallet.

There is a variety of functions on the Bitcoin wallet; you are supposed to choose the wallet that is compatible with your business category.

2.2.) Display a QR-code:

Display the code containing your Bitcoin address with your cash register – the wallet obtained in step 1 has two options, “Receive money” and “Add Funds”.

These two options contain a QR-code which you should put next to your register. In so doing, your clients can now use Bitcoin for payments using US dollars.

You are then supposed to display a Bitcoin accepted logo in your business or shop to notify your customers that you accept Bitcoin mode of payment.

3.) Earn Money with Bitcoins (Special Tips):

As discussed on the previous point, you will need a Bitcoin wallet and a QR code to get payments.

This is not only applicable to shops but is possible even in restaurants and blogs, and supermarkets.

Consequently, you do not need to verify payments of tips since they are voluntary; however, you need to notify your customers of the acceptance of Bitcoin and a method of giving tips in your business. Read about it here: aBitGreedy.

3.1.) Coinality:

This Bitcoin platform was launched in September 2020. It offers developers, employers and job seekers that are experienced in programming an opportunity to showcase and develop your skills and get paid.

Developers are supposed to undergo a competency exam that includes coding; they are therefore monitored to polish their skills by working with employers on the platform.

Over 6,000 candidates have applied for the job opportunities on Coinality. The platform pays its employees with digital currencies such as Bitcoin, Litecoin, and other altcoins.

3.2.) XBT Freelancer:

This is a platform that provides an opportunity for employers and freelancers to trade and earn money with Bitcoins.

Employers can post projects for free and consequently, freelancers can access projects that are posted by employers and therefore negotiate for the payments.

The employees are ensured of professionalism in doing the projects and are charged with no extra fees.

In return, freelancers are able to receive payments in a few hours with no third parties involved in the transaction.

Payments are issued directly to the freelancer’s Bitcoin wallet regardless of the geographical location.

Both job providers and freelancers are supposed to register on the XBT website so that they can post or receive jobs and make payments respectively.

3.3.) Cryptogrind:

The platform was established in 2020 long before the vast adoption of Blockchain technology and Bitcoin.

The site used to pay freelancers using the regular currency i.e. the US dollar.

However, due to the invention of a safer digital currency transaction platform, the site shifted to paying its clients using the widely adopted currency: Bitcoin.

The site primarily focuses on matching employers to freelancers; after perfect matches are completed the freelancers are offered jobs that are paid upon completion.

The site is one of the most trusted because, in addition, it offers a mediation platform for clients and job providers in an instance of a misunderstanding.

It provides a platform in various fields such as content writing, entertainment, legal and development.

3.4.) Developing Services for Blockchain:

Blockchain technology is diversified. In this way, if you want to earn money with bitcoins on the blockchain there are various ways to do so.

Gather a group of internet experts, web developers, online marketers, and advisors and come up with an idea of developing a platform.

Let the platform use the Blockchain technology to provide services to the general public and program the payment method of the Bitcoin currency.

We are living in a technologically rational world that is; every service and every product is exchanged online.

Varieties of services you can develop under the Bitcoin currency platform comprise; real estate, online marketing, smart contracts, and data management systems, search engines, online interaction platforms and, trading platforms among others.

3.5.) Lend Bitcoins for Interest Payments:

You can directly lend Bitcoins to people, both the lender and the borrower can agree on the duration and the interest.

You can easily make money with bitcoins easily by lending to others for the interest.

Websites list different borrowers so if you have some Bitcoins you can access borrowers on the website and lend where he will repay the loan with interest.

3.6.) Mining Bitcoins:

This is the most familiar process for many people who understand the crypto markets. Mining Bitcoins is not a process that can be recommended to beginners.

It is expensive, time-consuming and needs some expertise, but the best way to do it is to join a miner’s pool.

Mining pools such as Bitminer provide a platform where the miners can offer them computing power hence enabling miners to earn Bitcoins easily.

3.7.) Earn Bitcoin by Gambling:

Gambling like any other is a win-lose game, you ought to be ready to accept your position. In Bitcoins, you can earn money through gambling.

There are countless gambling sites with Bitcoins on the internet you just need to log in and find out how the process goes. If you are not a “lucky gambler” please do not attempt to.

3.8.) Watching Videos:

It might sound kind of strange. Yes. You can easily earn money with Bitcoins by just watching videos but not just any videos.

There are several platforms that credit your account for each short video watched.

The videos are less than a minute; the requirements are just submitting your email, Xapo account and the Bitcoin address for you to receive payment after watching a video.

3.9.) Bitcoin Affiliate program:

This is the cheapest way to earn Bitcoins for beginners and anyone who is interested in the cryptocurrency technology.

Bitbond is a website that provides a platform that leverages the Blockchain technology.

You earn money by participating in a program known as Bitbond’s Bitcoin affiliate and register for free, in so doing; you can earn money with Bitcoins by bringing in new users to Bitbond.

The simplest way to attract new users is by:

  • Establish a link on your website or blog, create traffic on the affiliate link, consequently, you will definitely receive a substantial amount of new users hence make Bitcoins.
  • You can also invite new users via email.
  • You can post the affiliate link on Facebook or Twitter.

3.10.) Blockchain Mobile Gaming Apps:

Oh, Crop! is a mobile game that lets you play and win by invading the enemies, after getting the high scores you get rewarded using Bitcoins.

The rewards are issued within 5 working days.

Another mobile game is Coin Flapper, upon signing up for the mobile gaming app you are required to issue your email address and your Bitcoin address.

After playing and winning you will be paid through your Bitcoin wallet address.

3.11.) Earn Bitcoins by faucets:

Just like mobile App games, Faucets are simple tasks more or less like games. You can solve captchas or give answers to short questions and get rewarded in Satoshis.

Satoshis add up to make Bitcoins. The captchas you are supposed to solve to receive satoshis are usually in websites that serve as advertisements platforms for businesses and corporations.

The faucet websites are paid by the advertisers where the people who have solved captchas or answered the short questions will get paid via the Bitcoin wallet.

3.12.) Earn Bitcoins by Reading books:

This is the most interesting way to earn money with Bitcoin. Reading elevates your mind and might be time-consuming at times.

But with Blockchain technology, you can read and at the same time earn money. One of the platforms that provide the service is PaidBooks.com.

They have over 600+ amazing classics books, you are just supposed to log on to Digital Artists Online and read as you earn. They usually reward readers with Satoshis.

3.13.) Creating your Own Bitcoin Information Website:

This method of making money is often overlooked by people, but it seems to be the simplest method ever with massive returns and benefits.

Firstly having your own website will help you manage and monitor every activity, therefore, you will have unlimited possibilities to make as much as you want with Bitcoin.

All you need is to provide information on the Bitcoin operation basics and exchanges hence attract new users.

You can also earn money from ads and affiliate programs.

With your own website which is not very expensive to start, you can create traffic hence maximizing the number of Bitcoins you make.

3.14.) Earn by Investing in Bitcoins:

Bitcoin is becoming adopted by many people in the general public as it is ever growing in value each day.

Just like in the investment of shares or bonds investors buy Bitcoins and hold them and wait for a period of time.

Then they analyze the market and if it is favorable they will sell at a higher price than they bought.

For instance, two years earlier one Bitcoin sold for around $250, but right now Bitcoins are selling at about $6K.

If you had bought the biotin at that time and sell it now you could have earned a substantial amount of money.

3.15.) Bitcoin Exchange Platforms:

All of the above-discussed options to earn money with Bitcoins use the Bitcoin to dollar exchange as it is regarded as the most flexible and efficient way to perform transactions.

Besides the U.S dollar is the standard form of currency worldwide, therefore, it presents Bitcoin with many valuable deals.

However, some of the Bitcoins based methods of making money are costly, time-consuming and need some computer information and technology-related experience and expertise.

Usual methods of payments that include western union, Skrill, and Neteller are offered on every Bitcoin exchange platform.

The most secure and flexible payment exchange platforms are those that promote simple and reliable payment methods.

4.) Bitcoin Storage Wallets

4.1.) Hardware wallets – these are small devices that serve as a link to the web and enable Bitcoin transactions.

The devices cannot be hacked by fraudsters; hence they are not connected online.

Therefore, they are the most secure means of storage among the Bitcoin wallets.

It is advisable to store the hardware in a safe place such as safes to avoid the risk of loss or damage.

4.2.) Cloud-based storage – they are also referred to as online wallets.

It is one of the most flexible and convenient methods of storage in the 21st century.

It is because you can access your Bitcoins from any location as long as you have the right gadgets.

The internet connection is required to log on to your account and access the Bitcoins.

However, they are not considered to be 100% secure. This is because the private login keys are contained in the cloud.

Therefore a technical hitch on the host might put your private keys or money stored to lose.

4.3.) Software wallet – the Bitcoin Core Protocol is the original software wallet that is programmed to run on a Bitcoin network.

If you want to store your Bitcoins in the Software wallet, you have to download it together with the ledger and Bitcoin-related transactions from the time it was established.

4.4.) Electronic wallets – they are more or less similar to online wallets they are hosted in the cloud.

They are the most user-friendly means of storage since they provide a formatted file stored on your computer.

However, just like cloud storage, you need to trust the host with your private keys which can lead to the Bitcoins hence lead to a loss.

Electronic wallets can also be downloaded software.

4.5.) Paper wallets – this is just a traditional form of storage, they are papers which contain Bitcoin address and private keys.

It is not a very recommendable means of storage since it is easy for documents to be damaged by water or fire.

Conclusion:

Bitcoin and other cryptocurrencies are increasing in value every day and hence, the investors from various countries have welcomed the digital crypto-currency wave with a positive view.

Many people already accepted the bitcoin technology to be flexible as it can be used globally and secure hence it has no middlemen.

On the contrary, Bitcoin has its disadvantages especially when it comes to cost. Transactions on Bitcoin are expensive compared to transactions on fiat currencies.

The other underlying problem with the entire Blockchain technology is that the crypto holders in the payment system depend on records held in the central server.

Hence not providing guaranteed security fearing that the authority trusted for maintaining the records can distort them for their personal gains.

Thank you for reading this article on how to earn money with bitcoins? Make sure to check out our website for more comprehensive content about various cryptocurrency topics.

How can I make money with Bitcoin in 2020?

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TIPS TO MAKE MONEY WITH BITCOIN

So you want to get your hands on some free bitcoin, eh? By now, you might have heard of how you can make money with bitcoin, magic internet money and digital currency that can be traded or used to make purchases. This digital money uses encryption to make safe and secure transactions instantly from anywhere in the world. Not regulated by any bank, government or Federal Reserve, this open network is managed by the users and investors themselves. Here is our guide to earning real money with bitcoin in 2020.

Contrary to people’s knowledge, getting bitcoin is easy.

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