How to Earn Free Bitcoins Daily without Investment in 2021 - 4 minutes read
Are you interested in earning bitcoins? Then this guide is for you! Here we will talk about different ways via which you can earn free Bitcoins daily without any Investment by just doing simple tasks such as solving captchas, filling out surveys, etc.
One of the most popular digital cryptocurrency is Bitcoin. There are some of the businesses where this currency is accepted and is not taxed and has minimal transaction fees. This is the reason why many people want to earn this currency. There are various different methods to earn free Bitcoins. Some of the methods are mentioned below:
Bitcoins are accepted as a mode of payment: One of the simplest ways in which an individual can earn free Bitcoins is by accepting the Bitcoins as a means of payment. If the individual sells the goods and services or has a small business, then he/she can integrate this method easily and quickly with the help of the following steps:
- The individual needs to get a free online Bitcoin wallet. Coinbase or other providers give access to this wallet. The individual needs to see what works best for him/her. The individual needs to make sure to keep his/her coins safe in 2 or 3 different places.
- The individual is required to display the QR-code with the help of their Bitcoin address, which will be next to the cash register. There are two ways to do the same – when the individual has his/her wallet, go to a section which says ‘Add Funds’ or ‘Receive Money’ or something similar. The individual should print the image and place it next to his/her cash register. There are some of the wallets that offer ‘Receive Money’ functionality. The ‘create payment request’ is useful when the individual is earning Bitcoins by accepting them as a method of payment. In this space, the individual will fill in the amount of money that the customer needs to pay, and the corresponding QR-code will emerge automatically.
- The individual can then display the ‘Bitcoin accepted here’ logo in their respective shop so that the customers will get to know that they have integrated this innovative payment.
Earn Free Bitcoins Daily without Investment in Legit Ways
Earn Free Bitcoins
The individual can also earn free Bitcoins by lending them out. Given below are the various ways in which an individual can lend his/her Bitcoins –
- Lending the Bitcoins directly to someone the individual knows – If there is someone on whom the individual can trust, then he/she can agree on the terms such as interest rate and duration.
- Peer to peer Bitcoin lending – There are websites from different borrowers who offer this, including Bitbond. In this method, funding requests are published by the borrowers, and the individual can contribute to the loan. Before the individual lends the Bitcoins, he/she need to make sure that the borrowers and the site are trustworthy. When the creditworthiness of applicants is assessed by the site, the credibility of the borrower also increases.
- Bitcoin Banking – This approach works like a bank. This is different than the peer to peer lending where the individual diversifies the lending activity to various borrowers; in this approach, there is only one borrower – the bank. The Bank invests the Bitcoins in the form of assets. The only difference is the fact that in the Bitcoin world, there is no deposit insurance.
Earn Bitcoins from Mining
Another way to generate Bitcoins is Bitcoin Mining. When an individual performs this, the computer adds new Bitcoin transactions to the blockchain. When the computer discovers a new block, then the individual is going to receive a number of free Bitcoins. Bitcoin mining is expensive and hardware intense. With this, there are some who supply computing power to the pool, and thus, Bitcoins are earned by them without having to build their own big mining frame.
Given below are some of the biggest Bitcoin mining pools:
- Slush – This mining pool is among the first mining pools and is currently the most popular mining pool. Today, this pool mines about 3% of all the blocks.
- Bitclub Network – It is a good site to start mining. This is considered to be a large mining pool and is easy to use.
- Antpool – This mining pool is based in China, which is owned by BitMain. Of all the blocks, it mines about 25% of the blocks.
- Bitfury – This mining pool is a leading full-service blockchain technology company. Currently, it mines about 2% of all the blocks.
- BTCC – In China, this is one of the biggest Bitcoin mining pools. Currently, it mines almost 7% of all the blocks.
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