Bitcoin is a cryptocurrency and a payment system. It is often called the first cryptocurrency, although there were already systems that existed prior to it and it is more correctly described as the first decentralized digital currency. Undeniably, it is the largest of its kind in terms of total market value. Recently, many countries have already embraced Bitcoin due to an unlikely value of their local currency.
Now the question is, how do we get Bitcoin without using money? Check this out.
Ever since its introduction in 2009, Bitcoin has been growing at a fast rate. Its value has increased almost exponentially and we have seen it accepted as a method of payment by almost all industries. This increase in its value may be attributed to many factors, and the fact that many view it as an alternative to fiat currencies. Bitcoin’s price has continued to rise over the years. For example, at some point in 2014 it’s prevailing market price was $450, three years later in 2017 it’s price at the time of writing this article is $1,041.90. This is a significant rise considering that only three years have passed.
With the price so high, it has become really difficult to buy Bitcoins, especially for the average person. Instead of buying them, you can earn them, and there are several ways for you to do so. For starters, if you are currently employed and you want to start earning Bitcoins, there is no need for you to change your job to achieve that, Bitwage has got you covered. Bitwage is a Bitcoin payroll company with more than 9,000 registered users that will convert your salary to Bitcoins. It’s so easy, because you only have to give your employer a bank account that will be provided to you by Bitwage and then you are good to go. Bitwage will then send the Bitcoins the next day after your salary is deposited.
Another simple way to earn Bitcoins is by selling all the stuff that you don’t need. Most of us — if not all of us — have stuff that we consider as junk lying around in our basements that we don’t normally use. Someone, somewhere, surely is in need of these items. You can sell this stuff on online platforms and get Bitcoins in return. There are many Bitcoin-based e-commerce platforms that buy and sell both digital and physical items. These platforms include: Bitify, OpenBazaar and 21 Market.
You may also decide to do freelancing for Bitcoin. This is similar to traditional freelancing only that it has few added advantages, such as you are able to receive payments faster, you get to save on traditional banking fees and in some countries, it allows you to save on taxes. There are several freelancing platforms to choose from and they include: Cryptogrid, Bitgigs and XBTfreelancer. It’s advisable for you to create an outstanding profile that stands out from the others and maybe set your rates a bit low when you start.
If you are an outspoken writer or artist and you like expressing yourself freely, you may use your talent to earn Bitcoins with complete autonomy. You can achieve this through Steemit, a platform that uses the blockchain technology and allows you to earn Steem, the blockchain’s Cryptocurrency — depending on the popularity of your articles. Since you are interested in Bitcoins, proceed to convert Steem to Bitcoin using any online exchange such as ShapeShift.io.
Today there are many scams out there promising payouts in Bitcoins, make sure you check out BadBitcoin to avoid being caught up in these scam.