Online Home Income recommends to Earn Free Bitcoins as the number Five option because earning bitcoins is really easy and free to join.
You can buy anything by using your Bitcoins. Hence, Let’s spend your next few minutes to learn the various useful information about this digital currency.
Bitcoins were invented in 2009 by Satoshi Nakamoto, to empower the digital transaction between the countries.
You can easily become a millionaire when you earn free bitcoins and hold in your blockchain wallet.
Later, you can sell your accumulated bitcoins for real money.
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What is Bitcoins ?
Bitcoins in its pure essence is the money. It is a digital currency that serves the same functions and purposes as money.
You can replace the BTC to compensate for any country currency and get the value of the product (or) services.
You can buy anything by using Bitcoins, even you can make onlline Purchases and complete your transaction by paying as Bitcoins.
1.) Freedom
You can send and receive money from anyone in the world
No bank approvals needed
No border or exchange restrictions
Bitcoin gives you full control of your money
2.) Low Fees
Bitcoin transactions run on a distributed peer-to-peer network
Computerized Work so No Employees needed
Hence, less transaction fee
3.) Secure
Mathematically secured
Impossible to fake
Transactions are irreversible and do not disclose any personal information
credit: third party image reference
Uses of Bitcoins ?
You can use Bitcoins to buy almost anything today, including flight tickets, rent hotel rooms, buy pizza and food-related stuff and more.
It also reduces the hectic process of currency conversion between different countries in the world.
You can use Bitcoins to purchase anything from the US, UK, Singapore, Malaysia and many more countries with Bitcoins.
While doing so, there is no need to convert Indian Rupee into US Dollars or EURO or Singapore Dollar or Malaysian Ringgit, directly you can purchase using bitcoins.
You do not need to convert your country currency to other country currency for purchasing.
Payments are straightforward using a wallet application. A wallet application is a software similar to your online banking account where you can hold your Bitcoins.
How to earn free Bitcoins
There are three methods to earn Bitcoins:
1.) Mining
2.) Trading
3.) Working in Faucet Sites
1.1 Mining:-
It is the process of getting Bitcoins using a specially designed computer hardware called “Bitcoin Miner“.
You either need to install a physical hardware at your home (or) create a contract with cloud mining centers.
The total bitcoins you receive will depend on your hardware mining clock speed, usually denoted as hertz(Hz).
Its price was based on its mining power and speed and however, the price starts at Rs. 25,000INR(500USD) to Rs. 10,00,000INR(20000USD) based on its mining power.
Mining Bitcoins requires an initial investment from you that includes buying the hardware, installing at your place and running 24/7 hrs to earn free bitcoins.
There is no work involved here, but you should maintain zero power-cuts to earn a decent amount of Bitcoins every day.
1.2 Trading:-
Trading is a process of buying (or) selling something that includes anything such as commodities, documents, pure money, shares, and dividends, etc.
Bitcoin trading is similar to pure money trading, where Bitcoin is the primary medium for buying and selling.
There are internet broker’s available who acts between the buyer and the seller to perform this trading operation.
If you have cash in hand, you can convert into Bitcoin and join with these online broker’s to start the trading.
1.3 Working in Faucet Sites:-
Bitcoin faucet is the reward program’s in the form of a website, where the user will be rewarded with Bitcoin satoshis.
Rewards may be set to avail at some interval around 30min (or) 60min once and will be rewarded after the user completes a small task such as Captchas.
This was started mainly to introduce the Bitcoin Cryptocurrency to the people and helping them to move towards cashless transactions.
This method is absolutely free and anyone can easily Earn Free Bitcoins without the initial investment. To start working in these sites, you should create an account with Blockchain Wallet.
To start making money from Bitcoins you need to create a free online wallet account with Block-Chain, where you can store your earned BTC…
Thank You.
How to make free bitcoins without Invest anything
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