As the price of bitcoin increases, more people are becoming interested in earning bitcoin as a source of additional income. In this guide, you will discover ten ways to earn bitcoin online that work in 2020.
Imagine playing games and earning bitcoin at the same time. Bitcoin games let you do just that! They reward you in bitcoin for reaching specific milestones in a game. Most bitcoin games are mobile-based and can be downloaded from the Google Play Store or Apple Store.
Faucets are arguably the easiest ways to earn bitcoin online. Bitcoin faucets pay you small amounts of bitcoin for your time. Usually, you earn bitcoin on faucets after you complete a captcha, clicking related tasks or viewing ads.
Bitcoin faucets generate revenue through pay-per-click advertising which funds them to pay out small amounts.
Here, you can find the top five best bitcoin faucets!
Micro tasks are small assignments ranging from viewing ads, watching videos, sharing posts on social media, testing software and filling out surveys. Fortunately, there are a number of bitcoin micro task platforms that reward users in BTC.
Micro tasks are one of the easiest ways to earn bitcoin online. It requires very little involvement in completing tasks to earn a fraction of bitcoin.
Granting bitcoin loans is another approach to earn bitcoin. Bitcoin loans work by allowing a user to get a loan backed by their cryptocurrency assets.
There are several bitcoin lending platforms including Bitbond, BlockFi, Nexo.
Cryptocurrency loans usually have high-interest rates, which make them a good avenue to earn bitcoin online. To know more about the top bitcoin lending platforms, read our article on the best bitcoin lending platforms in 2020!
Bitcoin Cloud Mining
Cloud mining is another popular way to earn bitcoin online. Bitcoin cloud mining refers to a form of mining where you rent mining hardware of cloud mining service providers at a small fee, instead of mining yourself. It allows you to mine bitcoin and other cryptocurrencies without having to go through several technical details and having to invest in expensive mining hardware.
To earn bitcoin through cloud mining, you will have to invest in a mining contract, which will then mine bitcoin on your behalf and send you the coins daily or weekly until the contract is over.
Freelancing allows you to earn an effectively unlimited amount of bitcoin. With several freelancer platforms targeted at the bitcoin community, freelancers are spoilt for choice. Skilled graphic designers, writers, developers or marketers can find work online that pays in bitcoin.
Before you dive into the world of cryptocurrency freelancing, give some thought to what kind of service you are going to be offering, and find the best ways and platforms to win potential clients.
Alternatively, you can ask existing or new clients whether they are willing to pay you in bitcoin instead of dollars or any other traditional currency as a way to earn bitcoin.