Let’s face it, with all the hype surrounding cryptocurrency now, even the most frugal of individuals are tempted to invest in the alternative currency.
No matter how well versed you are in the history of digital coins, it would help if you understood there are two main ways to get cryptocurrency: buy or earn them.
Buying cryptocurrency, like Bitcoin, by exchanging fiat money via channels like cryptocurrency exchanges, investment brokerage firms, payment services, offline services, and peer-to-peer exchanges is straightforward.
In contrast, others prefer a more technical approach and choose to mine cryptocurrencies as opposed to buying them.
Since bitcoin prices fluctuate with every social media update from Elon Musk, these methods are considered risky. However, what if we told you there are various ways to get crypto without turning your wallet inside out?
Key Takeaways
• There are known legit ways of earning crypto without buying it.
• Many tech-focused companies are now investing heavily in crypto to boost marketing efforts.
• Earning rewards through performing a task is one of the ways to earn crypto on the side.
Below we list several ways to earn bitcoin and other cryptocurrencies that you might not have thought of before – continue reading to discover more.
Micro Tasks/Gigs
One of the most effective – albeit unusual – ways of earning cryptocurrency is completing micro-tasks, also called gigs online. A micro-task is a temporary form of work involving people completing small assignments or tasks for a fee per job.
Some of the most common micro-tasks are gathering or checking address data, conducting searches for various pieces of information, completing surveys, and many more.
As you can probably guess, you will only receive a minor amount of cryptocurrency per each micro-task you complete, with rewards varying between 0.0001 BTC to 0.0003 BTC per task.
If you complete a small number of micro-tasks daily, it will soon begin to swell into a reasonable amount which you can trade and sell as you wish.
Online Gaming
It is no surprise that the world of online gaming and cryptocurrency has merged since both have amassed an impressive fanbase individually, so combining the two would only increase this.
As a result of this merging, you can now earn bitcoin and other cryptocurrencies by playing online games from the comfort of your own home.
Like traditional online gaming, there are a variety of games that you can choose to play to earn cryptocurrencies (primarily Bitcoin) from flash games, arcade games, trading games, and mobile games. However, the only catch is that you will have to part with some fiat currency to start playing.
In return, you are offered various rewards such as free spins and a minor amount of cryptocurrency, and you stand a chance of winning and withdrawing winnings in cryptocurrency.
If you want to allow yourself to earn bitcoin via online gaming, here are some ways to earn Bitcoin from home, as detailed by BitcoinRegs.org.
If you’d like to know more about earning Bitcoin from home, consider visiting their website for helpful resources focused on investing in and making money with Bitcoins. Visit their website today to broaden your knowledge and discover even more unique ways to earn Bitcoins and other cryptocurrencies.
Affiliate Marketing
Another surprising way you can earn bitcoin and other cryptocurrencies is through affiliate marketing, where an online retailer pays a commission for you to sell their product or services on their behalf.
Some popular platforms that enable you to earn bitcoins and other cryptocurrencies through affiliate marketing are Coinbase and Ledger Nano S, exchange platforms in their own right.
Alternatively, you may join a crypto affiliate network where businesses want to find bitcoin affiliate programs that fit their websites.
Much like the above process, the crypto affiliate program will offer consumers a way of making money by sharing an affiliate link and encouraging people to sign up for a platform or visit the website.
You are then given a digital token in cryptocurrency as a reward for linking a consumer to their product or service. Like micro-tasks, the amount of cryptocurrency you get per referral may only be minimal, but if you persevere and continue to link consumers each day, then your amount of cryptocurrency will slowly grow.
Blogging
Providing that you have a reasonable understanding of bitcoin and other cryptocurrencies, you can also earn crypto by writing about it. However, you will only be able to earn satoshis, the smallest unit of bitcoin. There are various websites where you can earn crypto for being a writer, with two of the most popular choices being Steemit and Publish0x.
Suppose you use one of the two options we’ve mentioned; you must create your content, review it, and publish it. The more popular your content is, the more you will earn. Depending on which website you opt to write for, some may have specific rules about the content you can write, the presentation, word limit, etc.
Some sites only accept pieces about crypto news, but as long as you can link the article to some crypto news, they will take it no matter if cryptocurrency isn’t its main topic.
Final Thoughts
You can earn crypto these days without buying it. As long as you have a skill that adds value, you can earn your rewards in crypto. This applies to virtually all fields online. Blogging, eCommerce, software, consulting, affiliate marketing, YouTube, etc.
SEE ALSO: 10 Best Games to Earn Crypto On Mobile
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