Have you ever wondered how you can earn bitcoin passively in the modern crypto age? Well look no further, here is the perfect guide to help you get started.
Bitcoin is one of the top digital currency which has generated massive returns since it began publicly trading in 2010. Even though it has its own bearish periods, the overall trend has remained very bullish. BTC has gone through quite some market cycles to achieve the market valuation it currently possesses.
Here is a list of effective ways to generate passive income through earning free BTC
Work for Bitcoin Whether you are a developer, designer, writer, translator, editor, internet marketer, freelancer or engineer, you can start working for Bitcoin right now. There are numerous platforms and websites that offer you bitcoin in exchange for your service.
Some of these platforms include:
Each bitcoin (BTC) is divisible up to8 decimal places, so each BTC can be split into 100,000,000 units. Each unit of bitcoin, or 0.00000001 BTC, is called a satoshi. A satoshi is the smallest unit of bitcoin. One of the ways to earn bitcoin is to accumulate large amounts of Satoshis through trading altcoins/ all cryptocurrencies except BTC, and then convert them to bitcoin.
Start: 100k sats is worth $5. Altcoin is worth 100k sats. You buy 1 altcoin at 100k sats.
Ebates, a popular Google Chrome Extension, offers customers cash-back for their purchases from thousands of websites. They work with almost all major online retailers, including everything from Best Buy to Groupon, to Nike.
In crypto, a company called Lolli is offering similar services. Make purchases on websites like Sephora, Macy’s, CVS or any of the 500+ partner stores, and get cash-back in Bitcoin.
Certain companies will pay you (in Bitcoin or fiat) if you invite paying customers on to their platforms. This marketing method, called “affiliate marketing,” has been around for a long time and allows users to establish an additional income stream.
Few referral programs offered by well-established Bitcoin and crypto trading businesses are worth looking into this regard.
With this exhaustive list of Bitcoin income sources, it is up to your discretion to choose what options works best for you. Most people usually start with a couple of these and then scale up.