How To Earn Free Bitcoin Daily Without Investing?

In this article, learn how to earn free bitcoins without investing on a daily basis by just doing simple tasks.

In the world of digital currencies, Bitcoin is one of the most popular ones. This currency is accepted by some businesses and is not taxed and charge minimal transaction fees. For this reason, many people wish to earn this currency. However, it is not that affordable for anyone. Fortunately, there are many different methods you can do to earn free bitcoins. We describe some of them below.

Bitcoins are accepted as a form of payment

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Accepting Bitcoins as payment to earn free Bitcoins is one of the simplest ways for an individual to do it. This method can easily and quickly be implemented by small business owners and individuals selling goods and services:

  • Individuals must register for a free Bitcoin wallet online. Bitcoin wallets are available through Coinbase and other providers. People should determine what is most convenient for them. It is vital that an individual keeps his/her coins in at least two different places at all times.
  • It will be required for the individual to display the QR-code with the help of their bitcoin address, which is located near the cashier. It’s easy to do – once a person has opened their wallet, they can select ‘Add Funds’ or ‘Receive Money or a similar option. To place the image on the cash register, the individual should print it out and place it there. A few wallets allow you to receive money from other wallets. The ‘create payment request’ function is convenient for individuals who earn Bitcoins through accepting bitcoins as payment methods. Just fill in the amount of money the customer needs to pay, and an automatic QR-code will appear corresponding to that amount.
  • Afterward, the individual can display the ‘Bitcoin accepted here’ logo in their respective business so that their customers will be aware that they have implemented this new payment method.

Earn Free Bitcoins from Interest Payment

By lending out Bitcoins, a person can also earn free bitcoins. These are the various ways in which you can lend your Bitcoins –

  • Lending an acquaintance of yours – If you know someone on whom you can rely, you may be able to agree on the terms, such as interest rates and repayment terms.
  • Peer to peer Bitcoin lending – The Bitbond website is among those that provide this service to borrowers. The individual can contribute to a loan by publishing a funding request published by the borrower. It is important that the individual ensures that the site and the borrower are trustworthy before lending Bitcoins. When the creditworthiness of applicants is assessed by the site, the credibility of the borrower also increases.
  • Bitcoin Banking – The approach is similar to that of a bank. Comparatively, peer-to-peer lending involves individual lending to different borrowers, while this approach involves only one borrower, the bank. Bitcoins are invested in assets by the bank. A Bitcoin account is different from a traditional bank account because there is no deposit insurance.

Earn Free Bitcoins from Mining

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Bitcoin mining is another method of generating bitcoins. The computer adds a new transaction to the blockchain when a person performs this type of action. A number of Bitcoins will be transferred to an individual whenever a new block is discovered by the computer. 

The Bitcoin mining process is expensive and hardware-intensive. As a result, some people provide computing power to the pool, earning them Bitcoins so they do not have to invest much in their own mining rig.

Some of the biggest Bitcoin mining pools are listed below:

  1. Slush. One of the first mining pools, this is the most popular pool at the moment. About 3% of blocks are mined by this pool today.
  2. Bitclub Network. A great place to begin mining. This is considered to be a large mining pool and is easy to use.
  3. Antpool. Located in China, this mining pool is sponsored by BitMain. About 25% of all blocks are mined by this program.
  4. Bitfury. Known for its full-service blockchain solution, this mining pool is a global leader in the field. In the current mining cycle, the pool mines about 2% of the total blocks.
  5. BTCC. As far as mining pools go, this is one of the largest in China. Nearly 7% of blocks are mined by it right now.

Earn Free Bitcoins from Tips

Earning Bitcoins as a means of payment is similar to receiving Bitcoins as tips. The individual can receive tips in different ways:

  • A shop is the best way to gain tips. It is still possible to earn tips even without owning a shop using a blog or
  • If you do not own a shop, you can still earn money from a blog or another site similar to that. The URL or QR-code of the Bitcoin address must be placed on the respective page.
  • You may also join sites such as BitforTip. The page offers Bitcoin tips as rewards to anyone who answer forums.
  • It is possible for anyone who offers services to receive Bitcoin tips if they are interested. Compared to old-fashioned cash tips, this is a new approach. 
  • In the event that you don’t claim the tips within one month, then you will be transferred to the individual’s wallet. And the best part is that it can be done in a customized way.

Earn free Bitcoin from Trading

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Trading is another way for individuals to earn free Bitcoins. Profiting from this can be accomplished through arbitrage and speculation.

  • Arbitrage. Bitcoins can be earned through trading in this way, which is considered the safest way to do so. In essence, the individual is taking advantage of the difference in price by simultaneously selling and buying assets. Upon buying a Bitcoin, the buyer can then immediately sell it for a higher price.
  • Speculation. In comparison with the previous approach, this one is riskier. It is the individual here who will purchase the Bitcoins and then wait until the price goes up so that they can exchange them for fiat currency. In the event of a price drop, individuals tend to buy more products. As a consequence, the cycle is repeated. Ideally, this approach will work if the individual can either predict the future or is lucky. The price chart can be used by those who are great traders and, thus, can predict patterns.

The following are some of the best sites for Bitcoin trading:

1. Coinbase. One of the most trustworthy sites for cryptocurrency trading is Coinbase. It offers a way for individuals to trade different kinds of digital assets on a secure and insured platform.

2. Bittrex. We are the ideal site for anyone who wants industry-leading security, a trusted digital wallet, and lightning-fast trade execution.

3. Poloniex. Trading tools are available on the site that is advanced for lending, exchanging, and trading. Money is monitored 24/7 and kept safe by the system. You can also store it in cold storage.

4. Cryptopia. Unlike most other sites, this one has a lower trading fee and supports hundreds of virtual cryptocurrencies. Besides the user experience, additional features, like wallets and marketplaces, can also be integrated.

5. Gemini Exchange. New York-based exchange is available in 48 states in addition to Hong Kong, South Korea, Singapore, the United Kingdom, Canada, and Puerto Rico. While withdrawals and deposits are free, there is about a 1% trading fee charged to both sellers and buyers.

Use Bitcoins as Regular Income

Generally, the best way to get regular Bitcoin income is to make it a regular source of income. In some cases, merchants have agreed to accept Bitcoin, and it is more likely if the individual is employed by one of those merchants, that they may also be willing to accept Bitcoin as payment. Additionally, the individual may find jobs online or work for themselves and receive payments in bitcoins. 

Below are a few websites for job seekers:

  1. Bitcointalk Forum Services Section. The website provides jobs to individuals who can finish them quickly, and they can utilize this opportunity to earn Bitcoins easily.
  2. Jobs 4 Bitcoins. On this website you will find job listings for web developers, programmers, copywriters, UI designers, etc. The site could be useful to individuals in any of the above-mentioned fields.
  3. BitGigs. Bitcoin is also accepted here as a form of payment. Many of the job titles listed include graphic designers, copywriters, freelance writers, and more.
  4. Coinality. On this website, you will find listings of jobs as well as the location of each one. These results are useful for people who want to find a local job nearby.
  5. XBTFreelancer. The site is excellent for anyone seeking employment online who is an IT professional. There are a lot of software-related jobs listed or those that require programming skills. The payments that are made for these jobs are made in different currencies, including Bitcoin, as this website is capable of understanding the future of cryptocurrency. Jobs can be located in the United States, the United Kingdom, and the European Union.

Earn free Bitcoins through Affiliate Programs

Affiliate programs for Bitcoin are another excellent way to earn bitcoins. Individuals are paid in Bitcoins by the companies running bitcoin affiliate programs if they send paying customers to the companies. How Bitcoin affiliate programs work is as follows:

  1. Individuals who wish to participate in the service’s affiliate program first need to sign up, and then they will have to provide their Bitcoin address in order to receive the payment.
  2. In return, the service will provide the user with a unique referral URL, which points to a particular website.
  3. To share the specified URL, individuals need to share it on a variety of social networks, such as Twitter, Instagram, Facebook, and so on.
  4. The individual earns a commission for any purchases made using the referral link, and Bitcoins are paid as payment for the commission.

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These are a few of the most well-known Bitcoin affiliate programs:

Binance. The Binance crypto-asset exchange program is one of the most popular and well-known in China. According to this site, most trades take place there. Commissions per sale range between 20% and 40%. An individual’s Bitcoin address is used to send them the payout.

Etoro. A trading platform like this is innovative since there are numerous trading options, including stocks, ETFs, commodities, currencies, and cryptocurrencies. Individuals are permitted to reap up to 25% of net revenues from customers of affiliates and 10% from affiliates in tier 2.

IPVanish. Users of the VPN service can connect anonymously to the internet so that data can be transferred securely. All new sales generated by the site are subject to 100% commission, and all subscription renewals are subject to up to 35% commission. Each individual can earn commissions over the lifetime of the site. There are no minimum payouts, and payouts typically occur monthly.

Ledger. Offline wallets allow their users to store their Bitcoins safely in an offline location. There are many different models available. A commission of up to 15% of the total sale amount can be earned by the individual. The payout is made to the individual on a monthly basis.

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Redazione Trend-online.com
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