What Is BItcoin ? | how to earn money. - Online Paisa

Sunday, September 15, 2019

What Is BItcoin ? | how to earn money.

Earn Free Bitcoins Daily, No Investment from Internet


7 Ways Earn money on bitcoin

Online Home Income recommends to Earn bitcoins is really easy and free to join.
You can buy anything by using your Bitcoins. Hence, Let’s spend your next few minutes to learn the various useful information about this digital currency.
Bitcoins were invented in 2009 by Satoshi Nakamoto, to empower the digital transaction between the countries.
You can easily become a millionaire when you earn free bitcoins and hold in your blockchain wallet.
You will learn how to make it possible at the end of reading this article.
Table of Contents

1. What is Bitcoins?2. Uses of Bitcoins3. How to earn free bitcoins?

     3.1.  Mining
     3.2.  Trading
     3.3.  Working in Faucet Sites

4. How to earn Rs 1000/- daily from Bitcoins?
5. Sample Earning Calculation
6. What are the requirements to join?
7. Recommended List of Bitcoin Sites to Register

    7.1  Earn bitcoins by completing tasks
    7.2  Earn bitcoins by mining

1. What Is Bitcoin...?


Bitcoins in its pure essence is the money. It is a digital currency that serves the same functions and purposes as money.
You can replace the BTC to compensate for any country currency and get the value of the product (or) services.
You can buy anything by using Bitcoins, even you can make online purchases and complete your transaction by paying as Bitcoins.
Some benefits of Bitcoins:
1.  Freedom
••• You can send and receive money from anyone in the world
••• No bank approvals needed
••• No border or exchange restrictions
••• Bitcoin gives you full control of your money
2.  Low Fees
••• Bitcoin transactions run on a distributed peer-to-peer network
••• Computerized Work so No Employees needed
••• Hence, less transaction fee
3.  Secure
••• Mathematically secured
••• Impossible to fake
••• Transactions are irreversible and do not disclose any personal information

2. Uses of Bitcoins...

You can use Bitcoins to buy almost anything today, including flight tickets, rent hotel rooms, buy pizza and food-related stuff and more.
It also reduces the hectic process of currency conversion between different countries in the world.
You can use Bitcoins to purchase anything from the US, UK, Singapore, Malaysia and many more countries with Bitcoins.
While doing so, there is no need to convert Indian Rupee into US Dollars or EURO or Singapore Dollar or Malaysian Ringgit, directly you can purchase using bitcoins.
Payments are straightforward using a wallet application. A wallet application is a software similar to your online banking account where you can hold your Bitcoins.

3. How to earn free bitcoins...

There are three methods to earn Bitcoins:
1. Mining
2. Trading
3. Working in Faucet Sites

3.1. Mining:
It is the process of getting Bitcoins using a specially designed computer hardware called “Bitcoin Miner“.
The total bitcoins you receive will depend on your hardware mining clock speed, usually denoted as hertz(Hz).
Its price was based on its mining power and speed and however, the price starts at Rs. 25,000INR(500USD) to Rs. 10,00,000INR(20000USD) based on its mining power.
Mining Bitcoins requires an initial investment from you that includes buying the hardware, installing at your place and running 24/7 hrs to earn free bitcoins.
There is no work involved here, but you should maintain zero power-cuts to earn a decent amount of Bitcoins every day.

3.2. Trading:
Trading is a process of buying (or) selling something that includes anything such as commoditiesdocumentspure moneyshares, and dividends, etc.
Bitcoin trading is similar to pure money trading, where Bitcoin is the primary medium for buying and selling.
There are internet broker’s available who acts between the buyer and the seller to perform this trading operation.
If you have cash in hand, you can convert into Bitcoin and join with these online broker’s to start the trading.
You can start Binary Options Trading using Bitcoins because of less risk and huge earnings.
This also requires investment at the beginning. Also, it has a huge risk of losing your earnings.

3.3. Working in Faucet Sites:
Bitcoin faucet is the reward program’s in the form of a website, where the user will be rewarded with Bitcoin satoshis.
Rewards may be set to avail at some interval around 30min (or) 60min once and will be rewarded after the user completes a small task such as Captchas.
This method is absolutely free and anyone can easily Earn Free Bitcoins without the initial investment. To start working in these sites, you should create an account with Blockchain Wallet.
To start making money from Bitcoins you need to create a free online wallet account with Block-Chain, where you can store your earned BTC…
If you need step by step instruction kindly do follow the article where I have written about How to create a Blockchain Wallet account?

Complete the registration form by entering your Email address and password for this account.
Once you created your Block Chain Account, you are now ready to Earn Free Bitcoins every day to your wallet…
After your account setup, you will get access to your wallet. It is nothing but a similar to your online banking account, where you hold your bitcoins instead of your country currency.
Check your BTC balance at any time through this address https://blockchain.info/address/<your own BTC address>.

4.) How to earn Rs 1000/- daily from Bitcoins...?

OnlineHomeIncome pays you for your bitcoins, chances of making a minimum of Rs. 100/- per hour to Rs. 1000/- per day. Earn Rs30000/-($600) monthly without any investment.
By having referrals, you can have increased opportunity to make Rs 100000/- per month absolutely without any investment…
HOW TO WORK?
♠ Step 1: Open the Web page listed below and Enter your BTC address.
♠ Step 2: Then, enter the Captcha code correctly.
P.S: Some websites may require solving Google Re-Captcha.
♠ Step 3: Then, click Get Reward.
♠ Step 4: Usually your payments will be auto and sent to your Blockchain every weekend.
♠ Step 5: Accumulate 0.10000000BTC in your Blockchain Wallet.
♠ Step 6: Mail us at support (at) onlinehomeincome.in and let us know your Bank Account and Bitcoin Address.
♠ Step 7: Send us your 0.1BTC to our address at 113NXWvi……….FKMtwDAmBaDqgs7o and get paid 85% of market value for every 0.1BTC.

5.) Sample Earning Calculation:

BTC vs SATOSHI
1sat : 0.00000001BTC
10Sat : 0.0000001BTC
100Sat : 0.000001BTC
1000Sat : 0.00001BTC
10000Sat : 0.0001BTC
100000Sat : 0.001BTC
1000000Sat : 0.01BTC
10000000Sat : 0.1BTC
100000000Sat : 1BTC
You can make as much as you can every day..
Earning example:
You make 0.001BTC by working 25+ faucet for 10Hrs a day : [0.001×10 = 0.01BTC = Rs301/-]
If you have 10active referrals: [10×0.01 = 0.1BTC] hence 25% ref commission equals     [0.01+0.025 = 0.035BTC equals Rs1000/-]
You work for 30 days : 30 x 1000 = Rs 30000/- per month
Refer more people and earn at-least minimum 10% to 50% referral commission every day..


6.) Requirements to Join:

1.) Gmail Account
2.) Blockchain Wallet Account
2.1) Register Blockchain wallet account and get your unique BTC address.
2.2) Open the site and directly login using your BTC address.
3.) Coin Pot Account

7.) Recommended List of Sites To Earn Free Bitcoins:

All information has been mentioned which includes, Minimum Payout, the maximum payout, minimum cashout limit, payment methods and mode of payment, etc..
7.1) Earn bitcoins by completing tasks

Site no:1 FREE BITCOIN
Minimum: 0.00000056 BTC
Maximum: 0.05361585 BTC
Payout: 0.00030000 BTC
Revisit: 60 Min
Ref Comm: 50%
Pay Mode: Weekly
Pay Via: Blockchain
Sign up for FreeBitcoin

Site no:2 FREE LITECOIN
Minimum: 0.00001056 LTC
Maximum: 2.72361585 LTC
Payout: 0.0003100000 BTC
Revisit: 60 Min
Ref Comm: 50%
Pay Mode: Weekly
Pay Via: Blockchain
Sign up for FreeLitecoin

Site no:3 BONUS BITCOIN
Minimum: 0.00000015 BTC
Maximum: 0.00005000 BTC
Payout: 0.00000001 BTC
Revisit: 15 Min
Ref Comm: 50%
Pay Mode: Instant
Pay Via: CoinPot
Sign up for BonusBitcoin

Site no:4 MOON BITCOIN
Minimum: 0.00000001 BTC
Maximum: 0.00005000 BTC
Payout: 0.00000001 BTC
Revisit: 5 Min
Ref Comm: 50%
Pay Mode: Instant
Pay Via: CoinPot
Sign up for MoonBitcoin

Site no:5 MOON LITECOIN
Minimum: 0.00000001 BTC
Maximum: 0.00005000 BTC
Payout: 0.0000001 BTC
Revisit: 5 Min
Ref Comm: 50%
Pay Mode: Instant
Pay Via: CoinPot
Sign up for MoonLitecoin

Site no:6 FIELD BITCOIN
Minimum: 0.00000001 BTC
Maximum: 0.00000500 BTC
Payout: 0.00025000 BTC
Revisit: 5 Min
Ref Comm: 50%
Pay Mode: Instant On Request
Pay Via: Blockchain
Sign up for Fielditcoin

Site no:7 BITFUN
Minimum: 0.00000001 BTC
Maximum: 0.00000500 BTC
Payout: 0.00025000 BTC
Revisit: 5 Min
Ref Comm: 50%
Pay Mode: Instant On Request
Pay Via: CoinPot
Sign up for Bitfun
7.2) Earn bitcoins by mining
Site no:1 GENESIS MINING
Minimum: 0.00004000 BTC
Maximum: 0.00004100 BTC
Payout: 0.00150000 BTC
Revisit: Nil
Ref Comm: 3%
Pay Mode: On Request
Pay Via: Blockchain
Sign up for FreeBitcoin

 Disclaimer: This article and the links provided in this page are purely for the informational purpose only and not written to encourage anyone to practice an illegal system. OnlineHomeIncome, It’s administrators and employees are working on their level best to provide the information available on the Internet. As a reader or visitor, you can learn from the content and the decision of practicing what have you learned is at your sole risk. Online Home Income will not hold any kinds of responsibilities for such behavior. Our Indian Government has strictly announced dealing with Cryptocurrencies are illegal and we are not bitcoin dealers, sellers or involved in any kind of such activities. We only share information.

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