This article will support your efforts if you want to earn Bitcoin online. Bitcoin is the first peer-to-peer cryptocurrency in the world that isn’t managed by a single issuing body but rather operates on an open source protocol that everyone involved in the economy must abide by. The supply of Bitcoins cannot be manipulated, and through a process known as Bitcoin mining, every transaction in this economy is cryptographically verified. Your Bitcoins are as secure as possible using public key cryptography.
The next logical query is, “How do you earn some Bitcoin?” once you have a grasp of and appreciation for the Bitcoin concept. Here are some ideas –
Make money online and convert them to Bitcoin
Unbelievably, earning US dollars is still much simpler! If you live in the US, you can then exchange these dollars you earn for Bitcoin at any of the exchanges, like Bitstamp or Coinbase.
Earn Bitcoin Directly in the Bitcoin economy
The majority of tasks can be completed in a small but thriving community on a much smaller scale. On Coinality, for instance, you can accept a part-time job for Bitcoin, or you can land a small gig on Coingig. These are the analogs of Elance and Fiverr in the real world, but they operate within the Bitcoin ecosystem.
Advertising
Unsurprisingly, there is a thriving advertising sector in the Bitcoin economy. This is because a lot of brand-new Bitcoin-based services are constantly emerging, and they all require a reliable advertising network.
You can use CoinURL to add Google AdSense-like advertisements to your website, and Bitads and other services let advertisers compete for banner space on your blog. A-ads is another option that enables you to monetize ad impressions without taking into account clickthrough rates (so it isn’t PPC). This is a way for publishers, bloggers, and webmasters to make some Bitcoin.
Going Social
There are websites that will pay you for your activity. The most well-known website in this category is probably CoinChat. It rewards users with a few micro-Bitcoins for chitchatting on its platform. These are decided at random and by an algorithm that considers your activity and how well you’re participating in the current discussions.
Selling their forum signatures on Bitcointalk forums is another way that many Bitcoin enthusiasts can make some extra cash. Selling signatures can be profitable because there are many advertisers who are willing to do this and who value interaction on this forum, which is where Satoshi Nakamoto first announced the existence of Bitcoin.
What other online opportunities are there to make some Bitcoin?