There are many ways to earn or multiply your Bitcoins. These include high yield investment platforms (HYIPs) and Bitcoin doublers. However, these methods involve high risk, as they are scams most of the time, and you may lose your investment very easily. There are other ways including claiming Bitcoin forks and airdrops, but they also can be flawed: while Bitcoin forks require some coding knowledge level, airdrops are quite small and insignificant if you want to get some real Bitcoins.
In this article we found out better ways of earning Bitcoin, and here are the most popular ones:
These are the rewards you get for buying things that are important to you. It is a low-risk method of earning Bitcoin that gives you a reasonable amount of the cryptocurrency depending on the size of your purchases. Some companies like Lolli or FoldApp offer cashback in Bitcoin when you shop online and use their browser extension to check out. You can earn up to 30% of your purchase amount using this method.
Trading is a major way to earn cryptocurrency. Although it takes years to master the process and become profitable, it is worth the effort once the rewards start to come. You have to keep in mind that this is quite risky, but with caution and a lot of discipline, traders can be very successful in Bitcoin trading.
There are many crypto businesses that run affiliate programs you can sign up for. Basically, you just promote your affiliate link and get a commission each time someone buys something via your referral link. It can be a bit tasking to run this program, but the reward can be high if a lot of people get to buy through your link.
Staking can be a lucrative way to earn Bitcoin if you have a significant amount of cryptocurrency. For instance, Ethereum recently migrated to the Proof-of-Stake algorithm. This means that Ethereum holders can stake their ETH to secure the network and, in return, they are rewarded with more Ethereum. Although Bitcoin cannot be staked, ETH earned from staking can be easily exchanged for Bitcoin.
This is an emerging way to earn Bitcoin. It involves betting using BTC on a crypto casino, which, if you win, can earn you a lot of coins. Bitcoin gambling is becoming increasingly popular, and one of the best online casinos to do it is 1xBit.
The crypto casino offers up to 7 BTC as a welcome bonus to its new users for their first four deposits. If they use the bonus to bet, they can earn much more in return. The casino has more than 25 cryptocurrencies that you can choose from to bet with. One notable thing about 1xBit is that it is fully anonymous and so no one can violate your privacy by accessing unauthorized information about you. This is why the registration is very simple, with very little information required.
When you have earned enough and want to withdraw, you can easily do so by placing a withdrawal request. Also, there are no withdrawal fees, so your Bitcoins are entirely yours to take. Moreover, there are a variety of games that you can play, which means there is no dull moment in the casino. VIP gamblers can enjoy an 11% cashback on their bets.
These are the major ways to earn Bitcoin with low risks. If you are interested in betting, you can sign up on 1xBit and enjoy all the bonuses and incentives listed above, as well as have fun. You can also try the other legitimate and low-risk methods at once and earn more or pick one you are more comfortable with, and you are well on your way to earning some Bitcoins for yourself.