Bitcoin and how to invest in cryptocurrency are hot trends in 2021 and will definitely dominate the search trends in the coming years. Apart from buying crypto on an exchange or P2P platform, investors are also looking for ways to earn cryptocurrency in a legit way. Fortunately, the products around Bitcoin are numerous, so it is possible to bitcoin trading australia in a variety of ways.
Do you want to earn cryptocurrency, particularly Bitcoin? You can join thousands of beginners and even experienced crypto enthusiasts who earn Bitcoin in various ways. Some of these methods require you to invest to earn while others do not need any finances to start.
That said, let’s cut to the chase and dive right into the top legit ways to earn Bitcoin as advised by experts.
Bitcoin Trading
Trading is the oldest opportunity to earn BTC or any other crypto. Buying BTC when the value is low and selling when the value is high allows you to earn Bitcoin. Investing more increases your opportunity of earning more. You can learn how to earn more cryptocurrency through trading on any popular exchange platform.
Exchanges through a Bitcoin wallet provide a convenient platform to buy and sell instantly at a fee. Large crypto investors who engage in trading regularly can earn Bitcoin and then reinvest it back to grow their investment.
However, it is worth noting that one could lose if the BTC values continuously drop for a long time. This is because cryptocurrency is very volatile.
Crypto Platforms Bonuses
As the products around cryptocurrencies increase, users can earn Bitcoin or any other crypto through bonuses given by these platforms. For instance, many investors earn cryptocurrency in the form of bonuses when they sign up on an exchange or saving platform.
Does this opportunity interest you? Look for these opportunities on popular crypto management platforms, particularly in the areas you are interested in. You will be surprised to get bonuses of up to $200 worth of BTC to boost your crypto investment.
On top of incredible discounts, you could also check for discount coupons to help you earn more coins when buying, selling, or making a crypto-saving investment.
Bitcoin Coin Mining
If you have been into crypto before, you have probably heard about mining. Just so you know, this is the oldest way to obtain BTC apart from buying. It makes token earning possible through the use of powerful computers that solve crypto mathematical problems.
Miners are rewarded with part of the freshly obtained coins when they crack the complex mathematical problems. Those who are up to the challenge earn Bitcoin every now and then and can make this a full-time earning opportunity.
Interest Accounts and Staking
Saving crypto to earn interest or staking to earn interest is commonly known as “hodling.” This is coined from “holding.” So, the investors are supposed to deposit their BTC in an account for some time for it to earn interest. It is either on a fixed or flexible basis.
You can learn how to earn cryptocurrency through holding and get started at YouHodler, which is one of the most popular crypto saving platforms. Apart from saving to earn Bitcoin, you can invest in dozens of other cryptocurrencies and earn an interest of up to 12% APY.
Crypto saving platforms can pay interest to investors because they lend out cryptocurrencies to borrowers at a higher interest. Some are synchronized with exchange platforms that charge a fee to process transactions. This is how they can afford to give you interest for your savings.
Airdrops and Bounty Programs
Crypto projects that randomly send crypto coins to new crypto users are always looking for promoters and influencers who get paid through coins. Today, it is easy to earn Bitcoin through airdrop projects on different platforms on the web. Fortunately, many of these platforms have accompanying apps that make it and anyone who is interested in how to earn crypto can quickly learn the art.
Those who participate by sending the newly minted coins to random addresses to promote the coin are paid using bounties. Fortunately, one can decide to invest in this on the platform or change to other cryptos using an integrated exchange on the platform or anywhere else.
Accept Bitcoin in Your Business
Cryptocurrency and Bitcoin specifically have been big supporters of e-commerce. This is a fast and secure mode of transaction that is gaining popularity all over the world. If you have a business, you can accept BTC as a payment method. You need a conversion calculator that uses live data from popular exchange platforms to help buyers do the conversions when paying for goods.
The good thing with accepting BTC in your business is that you can invest the coins to earn Bitcoin. For instance, you can learn how to earn more cryptocurrency through trading or hodling.
Get Paid with Bitcoin for Microtasks
As people adopt the use of cryptocurrencies as a preferred mode of payment, more and more people are getting paid with BTC and other cryptos for doing microtasks. These tasks are subdivided into small tasks called milestones and their payments are already indicated.
Anyone who is looking for how to earn crypto through online jobs should try writing for digital currency platforms, completing surveys, or one of the many other options. You can check for the jobs on the web to help you earn Bitcoin, which you can invest through trading or hodling.
Gambling to Earn Bitcoin
Although gambling is not an option for many people, it is still an option to earn Bitcoin. If you want to know how to earn cryptocurrency through gambling, you need to research a lot, especially if you have never done it before.
Bitcoin casinos are now all over the web. However, gambling is a win or lose the game and you should be prepared for both. Hence, this is a high-risk affair that you should take your time to decide on.
Conclusion
As you can see, there are many opportunities to earn Bitcoin today. It is up to you to choose one that suits your needs. Before you do, research, consult, and think about it well to avoid making wrong decisions that can cost you. Good luck!
