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5 Methods to Earn Free Bitcoin

Cristina MaciasBy Cristina MaciasJuly 30, 2021No Comments3 Mins Read
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5 Methods to Earn Free Bitcoin
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If there’s one thing you should invest your time in, it’s Bitcoin. The cryptocurrency has exploded in popularity and its value has risen to astronomical heights.

It’s actually possible to earn Bitcoin for free. How, you ask? Check out these 5 methods:

Cryptocurrency Trading

With trading you use your skills to get Bitcoin for free by means of profit. To supercharge your endeavor you’ll want to visit bitcoin champions website and register an account. Then, you’ll be able to predict when Bitcoin’s value will soar and make a profit with the tools you can use within the platform.

The math is simple- invest in X money and double it by trading Bitcoin wisely. Join a popular exchange that has lots of trade volumes and users so you won’t have any trouble moving your desired amount of cryptocurrency.

It’s worthy to note that trading has its risks and you’ll need to be well-versed in trading and cryptocurrency terms to get started. You can practice with a demo account or learn more by reading content on the web.

Affiliate Marketing

Affiliate marketing is the process of promoting products, in this case Bitcoin to your friends or by setting up a blog or website. When someone signs up or buys the product then you get a small percentage of the transaction.

Referring new customers to the cryptocurrency can be done via referral links or codes that are unique to your account. You’ll have the freedom to promote however you want, from video testimonies to social media posts and blogs, for example.

Since creating an account on social media or setting up a blog is free it’s a proven method of earning Bitcoin.

Participate in Surveys and Polls

Have a few minutes to spend and don’t mind answering a few questions? You can join a survey or poll website and choose to get your rewards in Bitcoin or other cryptocurrency.

Tokens earned from completing surveys can be exchanged for fiat currency or Bitcoin. Some sites will ask you to take a snapshot of a receipt, while others reward you for referrals. There’s even a website that hands out Bitcoin for those who are willing to learn more about cryptocurrency and blockchain.

Get an Education

Education in this case is learning about Bitcoin and how cryptocurrencies work in general. Platforms such as Coinbase pays out users who participate in blockchain projects and similar endeavors.

The materials and content are free to download, and all you need is time and attention to the subject matter on hand. Rewards depend on the coin and how well you do on quizzes. Crypto received can then be converted into Bitcoin.

Put Your Bitcoin in a Savings Account

Earning interest is a great way to earn Bitcoin for free. Here, you won’t need to expend effort as everything is done in the background for you.

You can’t put Bitcoin in just any bank, though. You’ll need a digital currency savings bank such as Nexo, Crypto.com and BlockFi, among others. The higher the interest rate the faster your money grows.

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Previous ArticleBitcoin Mining or Trading – Which Is Better?
Next Article Pros & Cons of Investing in Oil Futures
Cristina Macias
Cristina Macias

Cristina Macias is a 25-year-old writer who enjoys reading, writing, Rubix cube, and listening to the radio. She is inspiring and smart, but can also be a bit lazy.

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