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How To Make Money Using Bitcoin

Is your current employer not paying you enough? Are you looking to make extra money? Then Bitcoin is the way to go. But the thing is, how to make money using Bitcoin? There is a common misconception among the general public that the only way to make money through bitcoins is either investing in “all-digital currency” or mining. While in reality, there are several other methods that can be used to generate money through bitcoins. Let’s take a look at some of the best ways to do so.

Bitcoin Faucets:

Bitcoin faucets are one of the top ways to generate money. You can make around $100 to over $800 using Bitcoin faucets per month.

What happens in Bitcoin faucets is that you pay out a small Bitcoin amount to your users but gain much more in return by posting ads on your site.

Learn more about how to generate bitcoins

Setting Up Your Own Bitcoin Information Website:

This method is often overlooked. Mainly due to the time period it takes to set up a website. Most people aren’t aware of the importance of setting up a “Bitcoin information website”. Having a personal website that explains the basics of Bitcoin to new users can be extremely rewarding.

The primary way to make money through a website is ads. The more traffic you attract, the more advertisement your website will grab, hence more income.

Mini Earnings:

There are several websites that pay their users for completing simple tasks. However, it requires a bit of your time.

As the best way to earn from a website is interacting with ads, most site owners pay their users to visit those ads and complete certain tasks, such as:

  • Clicking ads
  • Feeding aliens
  • Killing animals
  • Watching videos

Warning: Some websites may infect your system with malware or viruses. Make sure you have a reliable antivirus product protecting you from these threats.

Make Cash Through Writing:

The internet is filled with numerous websites, forums, and blogs. These platforms often pay their users to promote the services/products they provide. All you have to do is to make some blog posts or write promotional articles for them. Some will pay you in cash, others in bitcoins. Both methods are great to generate extra cash.

Pro Tip: Gear up your English skills as most writing opportunities are in English.

Sell Your Products And Services:

Another easiest way to get Bitcoin is selling your products/services. Bitcoin is also a form of currency and you can grow your account by accepting the payment in bitcoins. There are several websites that accept Bitcoin as a form of payment. is one of the leading names to do so.

The most common way to earn Bitcoin is by selling goods and services in exchange. Two well-known sites to sell products are bitify and

Bitify:  Bitify offers the escrow service and buyer have to pay 1% fee on it, on the other hand, escrow service is optional for the buyer. Whereas, the seller has to pay 2.5% on total sale price and 1.5% on the premium advertisement. individuals with Amazon have the option to sell products at discounted rates.

Furthermore, you can also earn Bitcoin by providing freelancer services.

Investing In Bitcoin:

The last point of our list of how to make money through Bitcoin is taking a dive into Bitcoin investment. Investing in Bitcoin is one of the safest options as they are always growing in value. Back in November, bitcoins were selling for around $250. As of now, their value has jumped up to $500. Almost doubled their value

Buying and holding Bitcoins:

When you start earning Bitcoin, you need a wallet to start transactions by receiving and buying the Bitcoins. A large number of platforms like Coinbase or provides such kind of services. These two are most used platforms among users with online and mobile version. You have the option of cold storage such as Trezor to keep your Bitcoin save in cold storage.

Once you acquire a wallet, you have complete authority to establish multiple addresses, which allows you to do transactions and receive Bitcoins. In addition, no need to put your real-life address because Bitcoin acts anonymously. And, related transactions can be viewed on Blockchain.

Bitcoin mining:

Bitcoin mining is quite complex as compared to buying and holding Bitcoins. So, it is not suggested to newbies. In this process, expensive machine and electricity are used to solve mathematical algorithm to get a reward of Bitcoins. where Bitcoin miners empower Bitcoin transactions by sharing their processing power. This is Bitcoin mining. It is totally up to you to mine individually or join a mining a pool such as Antpool, BTCC, SlushPool respectively. Whereas, in a mining pool, miners share their hashing power with each other to solve the blocks and divide reward equally. It is depending on the investing percentage of each person.

Bitcoin cloud mining:

Bitcoin cloud mining is basically, the process of mining Bitcoin by using remote data center with shared processing power. This process facilitates individuals to carry out their mining without managing the mining hardware.

It allows you to earn Bitcoin without any mining activity. Though, the cost of cloud mining will have a prominent effect on bottom line.

Genesis mining is the most reputable could mining. This mining is the best option if you want to take part in Bitcoin revolution at low cost. In addition, if you are looking for the profitable investment you need to buy cryptocurrency or get engaged with peer-to-peer Bitcoin lending.

Completing microtasks for Bitcoin:

You have the option to earn Bitcoin by completing micro-tasks on following platforms;


A smartphone app offers you the reward of Bitcoin by completing small tasks such as watching promotional videos, filling out surveys and testing apps.

Bitcoin Reward:

You can earn Bitcoin by watching videos, downloading and testing app or by filling out surveys and other small tasks as well.


This platform allows you to earn Bitcoin by playing games, downloading smartphone apps and by completing online promotional offers.

Day- trading Bitcoin for a profit:

If you are used to financial market’s trend and regular online trade then Day-trading Bitcoin will provide you the same opportunity to earn Bitcoin.

First and foremost trading strategy is, you buy the goods at the low rate and sell them at a higher price. whereas, in the case of the Bitcoin, if you want a successful trade, you need to Keenly observe the market trends, price dynamics and news as well.

Become a market maker on

Through individual trades, you have the ability to trade Bitcoin for fiat currencies. A large number of users are comfortable with this platform because it provides fast and easy payment procedure. You can sell your Bitcoin on Localbitcoins by following ways,

First, sign up with Localbitcoin

Second, you have to create Bitcoin advertisement. While you make an advertisement, you need to include payment method, set price limits and terms of trade.

Third, you need to reload your wallet for the customer to be able to access the trade request.

Fourth, once buyer open the trade, an amount will be transferred to escrow automatically.

Fifth, when a buyer makes payment and clicks the button Mark payment complete, you will receive the message of trade completion.

Sixth, on the confirmation of payment, Bitcoins release to buyer’s Localbitcoin wallet.

Last, you have to leave feedback message for the buyer.

Bitcoin’s Bid/offer price is varying from country to country. You have the ability to make money as the market maker on Local Bitcoin if you are making the market in less saturated Bitcoin markets.

Online Bitcoin Casinos Gambling:

If you want to make money through casino gambling and earn in Bitcoin, there is a large number of Bitcoin Casino and gambling sites are available such as Starcoin, Crypto Games, BetKing, and vDice.

Investing in Peer-to-peer loans:

You have the option to generate outstanding returns by investing in peer to peer lending through well-reputed sites such as Bitbond.

Peer-to-peer lending is a process by which an individual is enabled to get the loan on low transaction fees. Because of price fluctuations, you get an excellent return on your loans.

One thing you have to keep in your mind, expand your risk capabilities by lending to borrowers.

Goodluck with your earnings

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7 Shocking Things You Can Purchase with Bitcoin Right Now

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Bitcoin has been on a roll ever since the hard fork incident took place. The digital currency climbed to many new heights within the past month but, the most recent one was it hitting a record of $5000 per coin on Saturday, last week.  Let’s not forget, the value did fall by $1000 within three days before it made a speedy recovery. Bitcoin right now is hovering above $4,200 per coin.

We’re all aware that the rapid fluctuations of the cryptocurrency make it difficult to price products. But even with that continuing, there are still some exciting and wild purchases you can make with bitcoin.

Here are 7 of the most shocking things you can buy with bitcoin.

  1. Airline Ticket

    Back in the summer of 2014, Air Baltic was announced to be the first airline to accept bitcoin as a means of payment for airline tickets.

  2. Pizza

    In 2013, ForCoinsLLC was launched by two bitcoin enthusiasts. Their aim was to make it simpler for consumers to purchase items with bitcoin. PizzaForCoins is their website that allows you to pay with bitcoin at local franchises of Papa Johns, Pizza Hut and Dominoes.

  3. A college degree

    You can get a master’s degree in digital currency from the University of Nicosia, in Cyprus. They accept tuition payments in bitcoin through a bitcoin exchange but, their first class is free online. The degree costs $14,500 however, if you pay in bitcoin, you get a 5% discount.

  4. An apartment in Dubai

    Looking for a new pad? Well, the Aston Plaza and Residences in Dubai newly announced that the developers would be accepting bitcoin as a payment for studios, one and two-bedroom apartments. Prices begin at around $127,800 which is 27.55 bitcoins.

  5. Date night

    In Berlin, a restaurant owner claimed that about 10% of his customers pay using cryptocurrencies.

  6. A brandy distillery

    Presently, a distillery in Nemesvamos, Hungary, is selling its building along with the equipments for a little above 73 bitcoins.

  7. A funeral

    One funeral home in the U.S., Crescent Tide Cremation Services in Twin Cities, Minnesota is known to accept bitcoin as a means of payment. They even offer 3% discount if you pay in crypto-cash.


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Crypto Currency Facts – Everyone should Know Before Investing

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There is not much awareness conveyed to the public than the Cryptocurrency. Cryptocurrency which is an alternative to our fiat currency and banking system. The first ever cryptocurrency invented is Bitcoin which hold the title of new gold in the crypto industry due to its overall minimal value. Cryptocurrency differs from the conventional currency and banking system as it doesn’t depend upon the any country’s economy or its centralized banking system. After its introduction as Bitcoin in 2009 it reaches new heights and at the end of March 2018, the bitcoin was trading about 10,000 dollars as it started from 0 dollars. That huge rise in trading also increases its demand in the general public and even businessman. Every one lured with the huge profit of cryptocurrency and starting to invest in this cause.

cryptocurrency business

As Cryptocurrency is a digitalized way of payment and it acts as a decentralized system from the other conventional banking system, so there are several cryptocurrency facts that every person should know before investing in the cryptocurrency business. It is difficult to ignore the high rise in the price of cryptocurrency but before investing in the cryptocurrency business everyone should go through the following facts.

Cryptocurrency Facts

The Cryptocurrency is a digitalized currency in which there is a value assigned behind every digital token. But there are some facts which should be known to every investor starting to invest.

  1. De-Centralization
  2. High risk of loss
  3. No Fundamental Assistance
  4. Highly volatile
  5. High Prices due to legalization


The most important fact about cryptocurrency is De-centralization that differentiates it from other centralized banking systems. De-centralization means there is no legal boundary or any regulations regarding the purchase and sale of cryptocurrency. The data of the cryptocurrency is not stored in any designated place so there always remains a high chance of loss in the crypto business.

High Risk of Loss

The threating feature about the cryptocurrency is having a risk of losing all because of following factors which are mentioned below

  1. No regulation
  2. Not having proper scrutiny
  3. Continuous change in prices

It means that you can lose all of your money you have invested in the cryptocurrency business because of improper regulation and exemption from the centralized system. The continuous change in prices tends to play a huge factor in the increasing chances of losing all of its investment.

For Example, if a person buys bitcoin today worth of 100,000 dollars but suddenly the very next day the prices of bitcoin lowered due to certain reasons causes a huge loss to the upcoming investor.

Not fundamental Assistance

Most of the countries in the world doesn’t support or give financial assistance to the cryptocurrency users and as a whole crypto-industry. There are no physical factors which help the regulatory authorities to derive its actual and proper value. The value of a currency depends upon the GDP of that country but as cryptocurrencies have no fundamental ties that make valuing of cryptocurrency difficult.

Highly Volatile

Cryptocurrency is highly volatile due to the fact that they don’t depend upon any centralized system or centralized exchange system hence they work on the multiple exchanges that create the high difference in the value of these currencies and that is the indication of volatility that should be kept in mind while trying to buy cryptocurrencies.

High Prices Due to Legalization

The most common factor in the increase of prices of these currencies is the legalization of these currencies in certain countries in the world such U.S.A and Japan. There is a sudden increase in the price of cryptocurrency when Japanese made it a legal way of payment.

Another factor which due to which the prices are so high are the crypto funds. Some initial startup offer bitcoin in return high cash for their assistance.

In the end, Cryptocurrency has many advantages and disadvantages over the centralized banking system and the high prices and instant profit lure many businessmen to start their own cryptocurrency business but before investing in the business everyone should know the certain cryptocurrency facts and go over them

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Deloitte Leader Resigns to Join Blockchain–based Startup

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According to a report, Eric Piscini — a former leader of Global Blockchain and a partner at Deloitte has left the company. Piscini is going to join the blockchain startup, Citizens Reserve in order to transfer supply chain networks to a blockchain.

Blockchain leader

Piscini is the one who helped in building a global blockchain practice. The startup that he is going to join is at its early-stage, and it is currently raising $300 million. This startup is a shared database, which is designed to work on all levels of a supply chain.

New Cryptocurrency — ZERV

A new cryptocurrency, ZERV has been developed within the project, using the ERC20 token. According to a report, the cryptocurrency will be used by the group members for accessing the blockchain — it will allow them to implement virtually instant borderless transactions.

  • The cryptocurrency, ZERV, is also considered as a utility token.
  • It allows users to exchange services within the platforms.
  • This digital currency comprises a third element — it sets it apart from other ECR20 tokens.
  • The reserve assets are intended to fund the token a certain value of $0.01.
  • Reportedly, 100 billion tokens will be issued to the value of $1 billion.

So, let’s enlighten you about the platform — it is based on the public Ethereum blockchain with smart contracts that consist of self-executing code — which could be implemented by using multiple private blockchain solutions. However, the contracts will be limited for a long period of time and it is expected that the transactions of cryptocurrency will be conducted any time soon.

According to Piscini:

“We are building the Ethereum of supply chain… The private blockchain is more for supply chain transactions, and the public blockchain is used for payments. There is a bridge that we created that is kind of our secret sauce.”

Reports also show that 85% of the funds that were involved in the token presale will be utilized in purchasing assets that will sponsor the tokens. Out of the total funds, 30% that were raised after the round gets closed will be issued to the users through a mechanism that is designed to stimulate and encourage the creation of the new supply chain services on its platform. It is expected that the Citizens Reserve will be launched in July 2018, however, Piscini didn’t disclose the names of the related group members, as he said that Citizen Reserve is going to work with three organizations — these organizations are providing software to the defense industry supply chain at this time — in a centralized manner.

The decision of blockchain leader, Piscini, is amid an exodus of top executives from the financial companies and traditional tech to cryptocurrency and blockchain. David Marcus left Facebook and Paypal as he was appointed to the exchange Coinbase – as a board of directors.

The co-founder of Coinbase, Brian Armstrong said, the knowledge of Marcus for both mobile space and payments is the main thing that would help as a guide for the platform to go forward. The CFO of Commonwealth Bank of Australia has also quitted to join, which is an EOS token developer.

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How to Buy Bitcoin – Is It Possible to Buy Large Amount of Bitcoin?

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How to Buy Bitcoin

With the start of 2017, a lot of investors appear to be keen on buying large amounts of Bitcoin. The traditional Bitcoin buying methods are not always suitable due to the limited supply of cryptocurrency and high transaction/deposit fees at most exchanges.

In this guide, we will explain how to buy Bitcoin in larger quantities (in excess of $100K).

How To Buy Bitcoin in Larger Quantities?

Wondering how to buy Bitcoin in bulk? You can buy it either through OTC exchanges or and traditional Bitcoin exchanges. OTC stands for “over the counter” and refer to individuals/companies that are willing to sell you Bitcoin without going through an automated or regulated trading platform.

What Are the Benefits of OTC Exchanges?

OTC exchanges have two major benefits over their traditional counterparts.

  • OTC exchanges own higher volumes of Bitcoin and fulfill your order faster as compared to traditional exchanges.
  • The exchange prices are negotiable.

Are There Any Disadvantages of OTC Exchanges?

Just like advantages, there are two major disadvantages associated with OTC exchanges.

  • OTC exchanges are less transparent. The buyers do not know exactly who they are dealing with or the volume they are supposed to trade. Their information is solely based on what they get from the seller.
  • The amount of risk involved in OTC transactions is pretty high as there are no regulations and the OTC sellers aren’t listed as money transmitters.

What Are Some Top OTC Exchanges?

There are several OTC exchanges around the globe. Some of the best exchanges to buy bitcoins are:


ItBit was founded in 2013 and is one of the most renowned OTC exchanges in the US. It provides Bitcoin for both small and large institutional investors.


Another leading OTC exchange. Over the last three years, the company has traded over 1.5 million BTC with the worth over $600 million USD.


Richfund is the largest Bitcoin hedge fund in the world. The company deals with market making, OTC trading, and mining operations. Richfund provides between 1000-5000 BTC and operates in Hong Kong, Korea, China, Cambodia, and Taiwan.

Something About Traditional Bitcoin Exchanges:

If you prefer traditional exchanges over OTCs to buy Bitcoin, you should consider going to the exchanges discussed below.


The largest Bitcoin company. Coinbase operates both in Europe and the US and offers its users the opportunity to buy $10,000 to $100,000 USD worth of coins every day.

want to find out more about Coinbase? Read our guide on how to buy Bitcoin via Coinbase.


Bitstamp is the oldest traditional exchange around. Currently, the company sells 5,000 on average per day with the deposit fees as low as 0.05%. The fees may also go up somewhere between 0.25-0.1%, based on your trading volume.


Kraken is one of the very few companies that deal in Euro, British pounds, USD, Japanese yen and Canadian dollar. Similar to Bitstamp, Kraken also sells 5,000 BTC on average per day.


Regardless of all the hype, Bitcoin is still in its earliest stages and the options to bulks of it are restricted. Nonetheless, the choices listed above should be more than enough to take care of this issue for you.

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