Ways to Get Bitcoins

Many people believe that digital currency is the future of money, and even amongst those who don't there is a growing realization that there will be a long term place for these virtual coins to use when paying for things over the internet or transferring money to people in other countries.

But not everybody has the money to purchase the Bitcoins or other digital currencies that they would like to own. Even if you do have the money you might not want to risk it on such a new technology. One way around this is to earn your coins, rather than buying them. Fortunately there are now loads of different ways to earn digital currency - earning Bitcoins has never been easier!

Mining

Digital currencies like Bitcoin were designed to be earned by people who run the software which runs the network on their computer(s). This allows these coins to have a 'decentralized' organization, in which the infrastructure is run by users themselves rather than a central authority, and allows for a fairer and more constructive distribution of newly created currency units compared to giving them to banks to be introduced to the economy as debt - which is the method used by fiat currency. The process of running this software and being rewarded with newly generated coins is called 'mining'.

In the early days of Bitcoin this was done by people running the software on home computers. Today this has become uneconomical, as competition from people using specialist hardware means that you would spend more on electricity running a regular computer than you would get back from the generated coins. But that doesn't mean you can't get involved in mining if you are interested. You can pick up specialist mining hardware quite easily, the cheapest of which comes in the form of a small USB stick that you just need to plug in to a computer running the mining software. If you like playing with new gadgets, tweaking settings and figuring out how things work, then mining can be an enjoyable hobby as well as a way to earn a little extra pocket money in the form of digital currency.

Alternatively, if you don't fancy having to set up the hardware yourself, pay for the electricity, and probably not get your money back for ages (if ever - as it depends on the price of Bitcoin which fluctuates quite a lot still) then you can give cloud mining a try instead. Cloud mining basically means that you a share in a miner which is being run by a professional, allowing you to share in the financial advantages that come from economies of scale and also meaning that you don't have any of the hassle of actually running the hardware yourself.

Bitcoin PTC websites

Paid to click ( PTC ) websites work as intermediary between promoters and consumers. Advertisers publish their websites or ads on PTC sites for a certain fee and get traffic to their websites while you get paid to view those ads.

After you sign up the PTC web sites, go to earn section and you will see the number of different ads to click on and view which takes from 5 to 60 seconds for every single ad. Right after you complete viewing an ad, they credit certain amount of satoshi to your account. You can open PTC sites in minimized browser windows and earn on multiple PTC sites at once.

Bitcoin PTC sites 2018:

  • ADBTC
    • Pay rate: 8-21 satoshi / ad
    • Number of Ads: about 30 per day
    • Minimum payout: 5000 Satoshi to FaucetHub.
  • KICKASSTRAFFIC
    • Pay rate: 10 satoshi / ad
    • Number of Ads: about 10 per day
    • No registration. Instant payout to FaucetHub.
  • COINTIPLY
    • PTC Ads: 8-21 coins / ad
    • Offerwalls: surveys, video, mixed offers.
    • Minimum payout: 35000 Satoshi to FaucetHub.
  • FAMILYBTC
    • PTC Ads: 5-10 satoshi / ad
    • Number of Ads: about 30 per day
    • Minimum payout: 30000 Satoshi direct to your bitcoin wallet.

Find Real Jobs Paying in Bitcoins

If you are looking for a way to earn a bit more than the few pennies worth of digital currency you are likely to get from paid to surf programs or for completing surveys and offers, then you may want to check out one of the specialist jobs boards which have started to pop up. There are now quite a few companies out there looking for regular full time and part time employees who want to be paid in BTC. Many of these jobs will involve working for companies involved in digital currency in some way, but there are also other companies as well. There are lots of programming jobs and quite a few marketing jobs, but there are all sorts of other things too, so no matter what your profession is you may well be able to find an employer happy to pay you in Bitcoin. There are plenty of places to find businesses looking for temporary and freelance workers.

Faucets - Get Digital Currencies for Free

On the other hand, perhaps you don't actually want to do any work - you actually just want to get your hands on some Bitcoin or other digital currency for free. Well don't worry - there are plenty of sites out there for you too!

You won't get a lot of money like this. But there are loads of different websites that will let you claim a small amount of a digital currency every hour or day just for visiting the website. These sites make money from advertising to people visiting them to get their free coins, and they also get donations to replenish their funds. This is because digital currencies need users, so people with a vested interest in a currency (miners, investors, the people who created it) may decide that giving a small amount away for free to a lot of different people may actually make them money over the long term, if it means more people start using the coin and it therefore builds a higher value.

These free money websites are known as faucets:

  • List of high paying faucets - find on mainpage.
  • In addition - Qoinpro - you just need to sign up for an account and they will give you a range of different digital currencies (including Bitcoin) for free every day without you even needing to go back to their site all the time.

Trading and Market Making

If you already own some digital currency then a popular way to try to earn more is through day trading and market making. If you have experience of any other kind of day trading, especially forex, then you will probably find that trading alt coins is basically the same. You can try to ride trends, perform technical analysis to get market insights, or base your trading decisions on the important news of the day.

Market making is when you post offers slightly off the market price, effectively 'making a market' which was too thin previously to satisfy the needs of regular users. The difference between the price you offer and the actual market price is the profit you make for providing this market making service.

Bitcoin exchanges with deposit / withdrawals in USD and BTC:

  • Coinbase - Bank Level Security. Offline Backups. Most Trusted Exchange. Supported Digital Currencies: Bitcoin, Litecoin, Ethereum, Ethereum Classic, Bitcoin Cash. Digital currency conversion are available to customers in US, UK, Canada, Australia, Singapore and most of Europe.
  • Cex.io - Deposit / Withdraw: USD, EUR, GBP, RUB, BTC, ETH.
    Trade Cryptocurrencies: BTC, BCH, ETH.
    Trading fees: Maker - 0%, Taker - from 0.1% to 0.2%.
  • Bitstamp - Deposit / Withdraw: USD, EUR or cryptocurrency.
    Trade Cryptocurrencies: Bitcoin(BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP).
    The amount of the fee will vary based on a 30 day trading history. The rate for new accounts and those with the lowest volume is 0.25%.
  • Kraken - Deposit / Withdraw: euros, US dollars, Canadian dollars, British pounds, Japanese yen, bitcoins and other digital currencies.
    Trade Cryptocurrencies: Bitcoin(XBT), Ethereum (ETH), Monero (XMR), Dash (DASH), Litecoin (LTC), Ripple (XRP), Stellar/Lumens (XLM), Ethereum Classic (ETC), Augur REP tokens (REP), ICONOMI (ICN), Melon (MLN), Zcash (ZEC), Dogecoin (XDG), Tether (USDT), Gnosis (GNO), and EOS (EOS).
    Trading fees: If you are buying less than $50,000 of bitcoins per month expect to pay 0.16% as Maker and 0.26% as Taker.
  • Bitfinex - Deposit / Withdraw: USD or cryptocurrency.
    Trade Cryptocurrencies: Bitcoin(BTC), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), Recovery Right Token (RRT), Zcash (ZEC), Monero (XMR), Dash (DASH), Chain Split Tokens (BCC,BCU), Ripple (XRP), Iota (IOTA), EOS (EOS), Santiment (SAN), OmiseGO (OMG), Bcash (BCH).
    Trading fees: Maker - from 0.1% to 0%, Taker - from 0.2% to 0.1%.

Sell Stuff - Digital Currency Marketplaces

As the digital currency economy develops, it is becoming more and more like the regular fiat money economy. So, just as you may decide to sell a few things through eBay if you want to make yourself a bit of extra cash in your national fiat currency, you can also sell things over the internet for Bitcoin or for other digital currencies. Some of marketplaces that can help you do this: