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Tried and Tested Methods of Obtaining Bitcoin

30 Apr 2021 Developer News
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Almost everyone nowadays knows that Bitcoin can be obtained via mining and trading platforms. The first is a much more complex solution – it’s just easier to register at an exchange and buy Bitcoins with fiat money. However, what many don’t know is that you can earn Bitcoin in many other ways, sometimes almost for free.

Believe it or not, sometimes you don’t even have to do anything to earn Bitcoins in return. From accepting Bitcoin in salary to earning interest rates in BTC, there are plenty of great ways to obtain the world’s top cryptocurrency.


The first way is most obvious – mining. If you can find a good GPU on the crazy IT market right now, you can start mining BTC. To make a dent in it, you will need a few GPUs or rigs. ASIC miners are probably the best for crypto mining, but they are also pretty expensive.

Nevertheless, mining remains the best way to get Bitcoin from scratch. If you have the money to buy a few rigs or set up a farm, you’ll be swimming in BTC before you know it.

Trading Platforms

Crypto exchanges and trading platforms are a very simple way to get your hands on BTC. They have evolved a lot in the past few years. The best trading platforms such as the Bitcoin code app feature AI and cutting-edge tech that will help you complete transactions with ease. It’s easier than ever to buy Bitcoins, exchanging them for fiat money in minutes. You

Of course, you will need to find a trustworthy exchange which takes all the precautionary safety measures and has fee-free transactions. Better yet, find one that offers a digital wallet where you can store the Bitcoins you earn. In that way, you will exchange for it easily and store it with no fuss right away.

Bitcoin Interest Rates

Lending your Bitcoins is a pretty interesting way to earn them in return as interest payment. You can lend them to someone you know through a peer-to-peer facilitating website, or lend your Bitcoins to sites that act as banks. There are many sites which offer such services where you can earn a solid interest rate. While it is small, it depends on your BTC stash. The more you lend, the more interest you’ll earn in return.

This is a method which can help you earn Bitcoin while you’re basically doing nothing. Of course, it’s better to have a larger stash, and make sure to pick a reputable site too.

Affiliate Marketing

Millions of people earn solid sums of cash through affiliate marketing. Bloggers, news sites, and media influencers earn staggering sums of cash through it, and you can also earn Bitcoin with affiliate marketing.

Companies will provide you with unique URLs or promo codes to their affiliate marketers. You can use these on your website or blog and recommend them to your audience. The more people click on these links, the more you’ll earn in return. Affiliate links are fully legit and one of the easiest ways to earn some Bitcoins.

Online Gambling

While we don’t condone gambling, it is a simple way of earning Bitcoins. Thanks to the rise of Bitcoin casinos, it is now easier than ever to play slots or casino games online with BTC. You can also try lotteries, jackpots, and even live dealer games with BTC and earn more Bitcoins in return.

Before you do that, though, it’s important to choose a reputable casino site. At the same time, make sure to gamble responsibly unless you want to get into trouble. While it is a fun way to earn Bitcoins, online Bitcoin casinos can also burn through your stash pretty quick.

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