How do you make money on Bitcoins?

Bitcoins are certainly gaining lots of response from the international market. People are curious to know that how they can earn bitcoins. There are several methods through which Bitcoins can be obtained or earned. Bitcoin is either created or its already in the system and moves from user to user. The currency in circulation is an easier way to earn rather than creating the new ones.

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Ways of earning Bitcoins

Mining is a way of creating new Bitcoin. It is accomplished by solving mathematical problems. Mining individually or in a pool rewards the user with Bitcoin. Some of the websites have advertisements for a user engagement such as Bitcoin. These ads work on PPC model. The domain owner gets benefits of Bitcoins. So they pay a fraction of that money to anyone who watches it.

Bitcoins are earned through gaming. Games such as Oh crop and coin flapper have certain tasks, when accomplished gives out free bitcoins. Referring new users to the game also rewards bitcoins. These free bitcoins can be exchanged for currency using platforms like Kraken and Coinbase.

Companies such as Vidybit offers free bitcoins for users who watch videos. They are of short duration and just an email ID or a Bitcoin address is sufficient to start.

Bitcoin trading is another phenomena, which has caught the attention of many people and even industries. People can buy Bitcoin and sell them at higher prices. Many corporate structures have also accepted the concept of Bitcoins. They make payments or shell out salaries using Bitcoin. Bitcoin Talk forum services and Jobs4Bitcoins list the jobs that pay in Bitcoins. Some of the freelancing sites such as Bitcoin Vacancy and BitGigs also offer work from home that pays through Bitcoins.

Thus, Bitcoin is a great way to earn either in small quantities or in a bigger amount.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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