In recent years, the investment world was once renown by Bitcoin's presence. Before starting a transaction, it's good to know in advance how to get Bitcoin.
Glints have already prepared a brief explanation of what Bitcoin is and how to get it below.
Let's find out more!
What is Bitcoin?
Before knowing how to get Bitcoin, here is a brief explanation of what Bitcoin is.
Reported from Investopedia, Bitcoin is a cryptocurrency (cryptocurrency) that was created in 2009 after the property and housing market suffered a downfall.
Bitcoin has no physical form, but is the balance stored in the ledger and is publicly accessible.
To send and get Bitcoin, you need to download a Bitcoin wallet.
There are several types of Bitcoin wallets. There are more or less five types, namely: Mobile, Web, desktop, hardware, and paper wallets. For paper wallets, you can create them from the wallet Generator Web site.
All future transactions will be logged in or out through the wallet.
This Bitcoin itself can be used for transactions from anywhere because the currency used is the same.
1. Buy Bitcoin
As mentioned earlier, you need to download a Bitcoin wallet to make a transaction.
The next step is to create an account to perform cryptocurrency exchanges provided by your Bitcoin wallet provider.
Usually, you can redeem using a debit, credit, or PayPal card.
Some marketplace for money exchanges with the most popular cryptocurrencies is Bitfinex, Bitstamp, Coinbase, and Coinmama.
2. Play Online Games
As reported from Hubspot, another way to earn Bitcoin is by playing online games.
Some games will pay players using Bitcoin. But usually, there are many ads in the game.
Some examples of games that can be played on mobile phones include Alien Run, Bitcoin Aliens, Free Bitcoin, Abundance, etc.
If you don't want to play a game full of ads, you can join the Bitcoin casino.
It works because you have to risk your own or money-owned bitcoins in a traditional casino game.
So, you expect more results than at stake.
3. Work Online
The next way to get Bitcoin is to work online.
Maybe you're wondering, what kind of work you can pay with Bitcoin?
You can see the list on the BitcoinGet website and directly register to do some work from there.
Several websites provide Bitcoin in exchange for visitors who are willing to answer the questionnaire that has been prepared.
4. Read the Classic Book.
But, when else can you read a book and get rewarded in the form of Bitcoin?
PaidBooks provides book lovers an opportunity to read their classic book collection and earn crypto money in return.
There are more than 600 classic books available on the site.
You can fill your spare time by reading books and earning bitcoins for free, Deh.
5. Writing Around Cryptocurrencies
Another way to get Bitcoin is by writing.
Writing that is meant here is not just plain writing, but about cryptocurrencies (cryptocurrencies) like Bitcoin and others.
Of course, you have to learn about cryptocurrencies in-depth to do this work.
You can search for writing jobs that will pay you with Bitcoin on sites like Coinality and Bitcointalk.
Bitcointalk allows you to advertise your products or effort in your posts.
6. Take Advantage of Individual Skills.
From BitDegree Tutorials, you can offer any service in the marketplace or online forums, and ask for a payment in bitcoins or other crypto-currencies.
You can then ' sell ' the talent and expertise you have, then get Bitcoin in return.
7. P2P Transactions
Another unique way to earn Bitcoin is by doing peer-to-peer lending (P2P) transactions.
How the hell, how? Is it the same as the P2P system, typically?
Like P2P in general, you can lend a Bitcoin loan and get a return from Bitcoin that has been given.
Reported by Bitcoin News, there are several P2P sites that you can use, such as Agora Desk, BISQ, Localbitcoins, Hodlhodl, and many more.
As a lender, you can search for sites that can give you more significant returns. As for borrowers, you can do otherwise.
You find and choose the size that suits your needs.
Well, that's a quick explanation of what Bitcoin is and how to get it.
Hopefully, you can do one of the seven ways already explained above, yes.