With the growing popularity of Bitcoin, it’s now easier than ever to earn or get paid in the most popular digital currency. Advantages of Bitcoin include fast transfers, no charge-backs and no double spending. Although you can buy or sell your Bitcoin, Ethereum and Litecoin at our BTM locations there are other ways to earn Bitcoin during your day-to-day life.
Lend your Bitcoin
Earn interest payments by lending your Bitcoin. There are a variety of ways to lend your Bitcoin, directly and peer to peer being the most popular forms. When you lend any amount, you can make money off of the interest. There are also sites, such as Bitbond, that can help you facilitate the lending of your cryptocurrency. Do your research to make sure you’re lending to trustworthy and credible people.
Accept Bitcoin as payment or as a tip Whether you own your own business or do ongoing freelance work, you can accept payments or tips in the form of Bitcoin. Once your wallet is set up, you’re ready to receive Bitcoin or other coins as a form of payment. Promote it and don’t forget to let customers and clients know that Bitcoin is accepted at your business.
Earn Bitcoins through mining
Mining is the process of generating new Bitcoins. It’s an expensive and time-consuming process but can help you earn Bitcoin and even make new friends in the process. You can be an individual miner or join a mining pool with others to add new Bitcoin transactions to the blockchain (the technology that sores Bitcoin). Joining a mining pool allows you to earn Bitcoin from mining without the need to build out a mining farm – which makes the process easier. If you’re crypto savvy and can handle this process on your own, you may make more profit in the end.
Although not encouraged by CryptoClub, gambling is becoming one of the widely popular ways to earn Bitcoin, so it’s worth mentioning here to inform you. You can perform a simple search in your search engine to come across some of the Bitcoin gambling sites out there. Want to talk Bitcoin with experts? Give us a call or visit us online to get connected. You’d be surprised how easy it is to get involved with all of the facets of cryptocurrency.