Bitcoin is the most popular cryptocurrency, and it is also the most valuable digital currency in the market. Its massive market value makes it an excellent investment, but it is not possible for everyone to buy it as it is quite expensive. You can visit bitrebels.com to invest bitcoins. If you want to get some bitcoins but cannot afford it, there are some ways through which you can earn bitcoins free of cost. There are several online platforms where you can earn bitcoins, and you can read below to learn a few of the most effective ways to get free bitcoins.
Get bitcoin compound interest
If you have made any bank deposit, you must be well-aware of the term compound interest. Bitcoin is a digital currency that has no physical appearance, but users need to store it carefully as it holds a massive value in the market. Usually, bitcoins are stored in a bitcoin wallet, but if you want to earn more bitcoins by only storing them, you must deposit them into an Interest-bearing account. Several financial products, such as BlockFi Interest Account, provide clients with compound interest in depositing bitcoins in it.
All you need to do is deposit your bitcoins in the Interest-bearing account and wait. Each month, interest will be provided to you on your deposit, which allows you to earn more bitcoins without any effort or investment, and the best part is that the interest is compound interest. The interest rate varies according to different accounts, so you must do some research and choose the one that offers the highest interest rate.
Earn bitcoin through cashback
One of the simplest ways to earn bitcoins is using cashback services that offer you some cashback on each bitcoin transaction you make. These services have several top retailers as their partners, and when you make purchases with their partners using bitcoin, the service provides you with a considerable amount of cashback in the form of bitcoins. So basically, you are getting bitcoins in return for spending bitcoins, which is quite incredible. There are several cashback apps too that you can download on your mobile phone and access them easily.
So, if you make a lot of transactions using bitcoins, it is the perfect way to get some bitcoins while sitting at your home. All you need to do is carry on with your regular bitcoin transactions, and on each transaction, you will get some bitcoins as cashback.
Receive bitcoin payments
If you want to get bitcoins, you must start accepting bitcoins payments. Usually, people are paid in fiat currencies, but there are some companies that pay you in bitcoins for doing different tasks. You can easily find some easy jobs and small tasks on the Internet which you can perform to earn some bitcoins. There are several bitcoin faucets over the Internet which you can use to earn bitcoin by doing simple tasks such as filling surveys, watching ads, videos, etc.
If you want to earn some bitcoins online, there is no better way to get paid in bitcoins. The jobs are simple and easy, and you can earn a considerable number of bitcoins by performing those tasks. Some of the tasks are simple and can be done by anyone, whereas some jobs require certain skills and knowledge, and the number of bitcoins offered for it also varies accordingly.
It is quite strange to hear, but it is true that you can earn bitcoins by reading books online. There are some bitcoin faucets that pays people for reading some classic books. The more books you will read, the more bitcoins you will be able to earn. Bitcoin faucet’s earnings highly depend on the user activity and engagement, so they offer people bitcoins to read books on their website, which helps them to bring more traffic and boost the user activity. It benefits both sides as users get to earn bitcoins for free, and the bitcoin faucet gets a chance to attract more internet traffic towards them.
If you love reading, it is the perfect way for you to spend your free time and earn some bitcoins. There are more than 600 books available on this platform, and you can read any one of them to earn free bitcoins