“Earn free bitcoins online”, “earning bitcoins”, “earn bitcoin”, “earn bitcoin without investment” which ever words you searched on google among these, you have landed on the right post. Here, we shall discus various ways to earn free bitcoins online without, and also all you need to know about bitcoin as a payment method. So, if you are looking to earn bitcoin online, you are welcome.
What is Bitcoin?
When we mention the word Bitcoin, what comes to the mind is in the form of raw or physical currency being chopped into pieces or iron fragment. In order not to go further, Bitcoin can be said to be a new type of currency that is currently making wavesin the world of online marketing and trading and is beginning to touch the heart of the world, regarding to it being a new form of currency, many person still find it difficult to comprehend the reason why they should make use of it.
Benefits of using Bitcoin:
There is different purpose why people should consider and try getting along with this virtual currency. Below is the solid reason why to earn Bitcoin is worth the take:
In the case of dealing with the physical currency like using a cheque book to pay using another bank to your own bank, the money will take longer to get to its destination as it can’tguarantee that there are funds which are readily present. In the same way, it also applies to people using international wire transfer can also take time too but when it comes to Bitcoin deals, it is considered the fastest.
The transactions that is carried out can be doneimmediately if it is regarded a “zero-confirmation”transactions, as this kind of process is done by the trader taking the risk of accepting a transaction that is not yet approve by the Bitcoin blockchain. If the trader wants to avoid the risk too it can take nothing less than 10minutes to get it complete which is by far faster than any bank transfer.
Its true when we talk about credit card transactions being prompt but the trader and you also pay a fee for all deals done like a tax is being imposed. This fee that is paid depends of the rate of transactions done as it might relatively be high but when it comes to Bitcoin transactions, the fee being paid are not noticeable and can be done free of charge.(F.O.C).
No abuse of rights by Central Governments
Dated back in 2013, March in Cyprus, there was a rebellion from the Central Bank trying to capitalize itself by taking unaccounted deposit in the amount bigger than $100,000.with this effect carried out caused a bigconflict among people. The Central Governments initial plan was to take a portion of deposits made below thatamount. It can’t happen in Bitcoin as the currency isdistributed and it you own, no organization is in chargeas the bank can’t take it away from you. This is a great opportunity for peoples whose trust in the traditional banking isdetached
No refunds of sent Bitcoin
If a deal that is done in Bitcoin between two traders is confirmed by the other trade it cannot be undone one its approved as a person who sent the Bitcoin cannot reclaim it back without the other trader’s permission. With this approach, it makes it difficult to notice the kind of fraud involved in credit cards today whereby when such incidence happen people can contact the credit card company for refund and is done almost immediately.
No theft of payment information from other Trader
This is one of the problem involve when we make online purchase or trade through credit cards. When the internet has not yet been born and the predecessor to credit cards was used, credit cards were not to be used online because it is vulnerable to theft. There are no better ways to transact business online because there is an online form which require you to reveal all you secret information like credit card number, expiry date and CCV number, with this kind of process there is always a theft of credit card numbers.
In Bitcoin trading, it will not ask you to reveal your private data, rather, it has two modes of verification and payment which is: a public key;which is really your bitcoin address and anyone can see it, and a private key which is kept safe by you. For transactions to be complete, you combine your public key and secret keys together, after all is done, it will create a license that shows that the trade came from you in as much you did not expose you secret key for the public eye, then you are in safe mode.
It cannot be controlled by the economy
One of the hitch involving the regular currency is that the central bank can print lot of money if they sole choose to as if there are not enough money in circulation and to clear off national debt. If there is crackling in the economy, it can also inject more into it by a processed called quantitative easing, it make the currency to lose its value in the market.
If the amount of dollars in circulation is double meaning there is two of it instead of one. Take for instance, somebody that has been marketing a chocolate bar a dollar will twice the price to make it value as it was initially, reason that a dollar unexpectedly has only half its value. This process is called inflation, and has been a major reason the fee of goods and services to increase. It is difficult to regulate inflation and can reduce the buying power of traders. Bitcoin was created to accommodate at most 21 million which will be formed under the prototypespecification. It can’t grow so inflation won’t affect the Bitcoin rather deflation is likely an option to happen in Bitcoin.
It can be kept Confidential
Many at time, we choose not to revealed what we buy therefore Bitcoin is a confidential currency, although it is clear with appreciation going to blockchain, now everyone knows the worth of a bitcoin address he/she holds in trading,they understand how the trading was done.
In the regular bank accounts we hold, nobody has an idea whose bitcoin address it is when they see one as it is just like having flexible purse with no one to claim it but the owner is around the corner watching and keeping guard over it. Moreover it is always noticeable that traders who abuse the use of bitcoin by using same addresses over again and again are at jeopardy as it makes it easy to pinpoint them
When we deal with our regular banking system, there are people we have confidence in to look after our money, like the bank we deal with, the middle man, even your banker as well. During the processes, you are required to submit vital, delicate pieces of information from you. As in the case of bitcoin, it is not done that way because it is completely dispersed which entails that you need not confide in anybody when trading. During any trading process, a bitcoin trader needs not to know you unless otherwise because it is digitally authorized and safe and an unknown miner will authenticate it and the trading is a success.
It is yours alone
In our modern technology today, when we talk about electronic cash system, it is owned by someone. Using PayPal as a case study, it is in the company jurisdiction to check if your account has breach the terms and conditions by suspending all funds in the account without your notice. When such case happens, you have to do all that is required of you to do to get it sorted out in order to access your money. In Bitcoin, you have the secrete key and the public key that makes up a bitcoin address as they are both in your possession or unless you lost it on you own or with a web-based wallet service that host it.
Mining of bitcoin
Almost every Government takes a fair dive in your affair when making your own money. Nevertheless, in Bitcoin it is supported. You can equally buy bitcoins in open market, which is merchants to merchants trade but can as well mine or source for bitcoin if there is abundant computing power. When you wrapped up with the original investment in equipment and electricity, the mining of is a process of turning on the machine with the software running. Everybody will take the idea of leaving their computer on and earn money for them while they take a nap.
Earning free Bitcoin online
There are various ways you can earn free bitcoin online. Although there are lots of ways to earn free bitcons only a very few of them actually worth the time and effort. Here, we shall reveal only the top and best ways to earn bitcoins online.
Ways To Earn free bitcoin online:
PrizeRebel is among top companies where you can earn free Bitcoin online and also a site in which members are rewarded for filling out surveys, tasks as well as activities in return for gift cards, cash throgh Bitcoin, and also merchandise.
How PrizeRebel operates
Complete offers: complete offers for example registering for trials, joining mailing lists, etc., in return for points.
Take surveys: take web surveys and get rewarded for your views. Daily surveys are available through the following online survey routers: Your Surveys, Samplicious Surveys, Cint Daily Surveys, OxSample Router, Precision Sample Surveys, Tap Research Surveys and much more.
View videos: view short videos and generate points.
Carry out tasks: carry out simple online tasks such as performing internet searches, and see your account balance grow.
Gather daily points: in your PrizeRebel account will certainly be a daily points page that will list opportunities for tasks that may be completed up to 20x each day. It is an great way to accumulate extra points.
Take part in contests and also games: earn bonus earnings by taking part in contests, raffles, and also things like the Lucky Numbers Game.
Referrals: Generate between 20-30% of what your referrals make, excluding promo codes, contest winnings, as well as their own referral earnings. The proportion is according to your account level.
Account Level Extras: Uncover more account benefits as you build up more points. Account level points depend on regular tasks and also activities, as well as your referrals’ earnings. Reach the gold level or higher and instantly receive rewards claim codes if they’re in stock. The tiers are listed below: Silver – 1000 points, Gold – 3000 points, Platinum – 7000 points, and also Diamond – 12,000 points.
PrizeRebel provides a wide selection of rewards. Both electronic and also physical gift cards can be found from retailers and brands for example Amazon, eBay, Starbucks, Target, and a lot more. The rewards catalog will list regardless of whether a gift card is electronic or is going to be shipped. Credits for online games for example League of Legends and also providers like Rixty and Steam can be found.
On the other hand, you might redeem your points balance for a PayPal money payment, ACH bank transfer, or even bitcoins paid out by way of Snapcard.
You are able to request a reward with very little $5 worth of points in your account. Rewards processing is carried out within 24 hours.
Qualifications: PrizeRebel is available to people around the globe who’re Eighteen years old or older. Members 13-18 may use the site with parental authorization. Remember that users from the USA, UK, Canada, and also Australia will probably have the utmost success with the site.
This is actually a popular site to get earn free Bitcoins without investment and where you can earn Bitcoin and gift cards in substitution for watching videos, testing apps, shopping, as well as filling out tasks and surveys. Members of the site are named “instaGC’ers”.
How instaGC works
Paid surveys: instaGC typically lists a fair quantity of paid surveys offered at any particular time. When you attempt a few and get disqualified, you will still be awarded 1 point. This doesn’t sound like a lot, but daily, this can accumulate.
Complete Crowdflower tasks: rack up points by filling out small Crowdflower tasks. Simply follow the instructions, and earn points for doing tiny things such as data entry, internet research, etc.
Offers: install applications as well as software and then make extra credits.
Browse the web: use instaGC’s search engine rather than that which you currently use, and then make extra points each day.
Participate in trials: sign up to trial offers where you can check out a product or service for a set period of time (for example 7 days). Earn points for your taking part.
Visit sites: Get easy points simply for visiting different web sites from advertisers on websites in short amounts of time.
Watch videos: View quick videos and make extra points.
Register friends, and earn more: refer your friends and earn 10% of any earnings which your referrals earn (beyond instaGC tasks and also bonuses gotten). Also, make 10 bonus points for each person that joins and verifies their account and is from Australia, Canada, United Kingdom, or U . S ..
As the name implies, instaGC gives cash through bitcoin and gift cards to its members as a prize for their participation. In most Western nations, a wide selection of gift card options is offered which include ones for use on Groupon, at BestBuy, Starbucks, Amazon, and more. Amazon gift cards are available in United states, Canada, United kingdom, and most Countries in europe. Overall, gift card options are the best in these countries.
In the beginning of 2016, instaGC added money as a payoff option. You can now exchange your points for money payments made by e-check, PayPal, or bank transfer (should you be in the United states of america). Cash payments carry a small processing charges that’s waived for your 1st monthly money payoff.
A hundred points = $1 US/CAD, One hundred sixty points Equals 1 pound, A hundred thirty points Equals 1 Euro, although conversion rates are prone to vary. Watch out for “sales” on gift cards where your points is able to go further.
You can ask for a prize with as low as 100 points ($1.00) in your account.
instaGC is a good decision for fans of gift cards and also cash rewards
instaGC has issued over 889,000 gift cards after their creation in ’11. They’ve at least 205,000 Facebook fans and on their Facebook page, as well as Twitter feed, they regularly post “bonus” codes for free points. Adding the capability for members to convert their points into money payments has made them a competitive GPT site.
Qualification: instaGC is open to individuals around the world 18 and eligible children that gotten parental approval.
It is actually a site where one can earn Bitcoin money for completing offers, carrying out tasks, and engaging in paid surveys.
How Superpay works
After being a member and also signing to Superpay, you will be presented with a variety of ways to start earning:
Offers: carry out offers and then get paid to try new items and sign up for free web sites and services
Surveys: give your opinions and then make cash for participating in research online surveys
Shopping: get cashback on the orders you make at numerous different online merchants
Games, contests, etc: interact with fellow Superpay, and earn prizes and points whenever you mingle and play games. Can also get entries to win competitions!
Referring friends: Superpay gives a nice multi-tiered referral program. Make 20% of what your referrals earn, plus an additional 10% of what your referral’s referrals get. These levels maximize to 30% of your referral’s cash and 20% of what their referrals get, when you recruit numerous new members. More money rewards are also offered.
As the name indicates, Superpay honors cash to its members. A $1 balance is needed so that you can ask for a Bitcoin, PayPal, Skril, Payza payment. Payments are made immediately. Superpay has a Payment Wall gallery where participants upload pictures of payments to show that they have been compensated.
Superpay has been around the block
With more than Six million members around the world and thousands of dollars’ worth of checks given every month, Superpay is actually increasing and never disappearing soon.
Qualification: Any person 13 years of age or older is allowed to sign up for Superpay, nevertheless participants in the United States along with other English speaking countries will find that they’re in the position to earn a lot more.
This is another website where you can earn free Bitcoins engaging in activities you often carry out, such as shopping, searching the url, viewing videos, playing games, printing coupons, and also participating in paid surveys. Any time you complete one of these tasks, you can earn points.
How Rewardingways works
After becoming a member and also signing into their site, you’ll see links to Shop, Search, Watch, Play, Answer, Discover.
Shopping: collect “cashback” for making purchases from major online stores through Swagbucks. These include Amazon, Walmart, Best Buy, etc.
Searching – make use of the Rewardingways search engine over your normal one, to conduct your online searches, and earn dollars.
Watch: view videos about songs, news, entertainment, pets, vacation, and others, and get money to your account.
Answer: at any time, Rewardingways has a number of paid surveys available where one can get SB’s by answering them.
Discover: print grocery coupons, or install the Rewardingways internet browser add-on to make a lot more, faster.
Referring Family and friends: do this and get 10% of what your referrals make.
If you would like to get cash, you may request a PayPal, Skril, Payza or Bitcoin payment to your account. Payments get immediately days to process and are issued in United states dollars. Amounts is $2 minimum withrawal.
Everyday goal points are offered where one can receive reward in case you make it to the daily goal by the end of the day. Receive another reward whenever you reach the daily goal 7 days repeatedly. Rewards are given around or on day one of the following month.
Rewardingways has been available since 2005 and has above 2 million participants, with more than Two million Facebook fans. They’ve given out more than 175 million us dollars in rewards to the participants making them, definitely, one of the internet’s major reward web site. Every day, they award 7,000 gift cards to their members.
Eligibility: Rewardingways is ready to accept residents 13 yrs old and more mature who reside in United states, United kingdom, Canada, Germany, France, India, Australia, and other countries around the world.
This is primarily a Free Bitcoin earning site where you can earn bitcoin for completing offers. You can earn extra bonuses by carrying out tasks and participating in online surveys.
How Offernation works
After being a participant and logging into Offernation, you will be presented with some choices on how you can earn money:
Offers: completing offers is among the major methods to earn cash with Offernation. Try out new services for a trial period (usually 30 days) and try out a product, or test out software during this time. You can cancel once the trial period expires, and earn cash for your taking part. Some of these are “instant credit” offers, but some provides require a credit card, although only some do.
Paid surveys: Offernation gives online surveys available as “FC Surveys”, which are supplied by Precision Sample LLC, as well as by occasional other providers. You may be e-mailed surveys online, and there can also be online surveys available through your personal account dashboard.
Shopping: earn cash back on the purchases you make at different online retailers once you access their stores using your Offernation account.
Offernation offers paid to call opportunities, as well as the opportunity to make a lot more by hearing their radio, viewing videos, carrying out tasks, and also performing web searches.
Refer friends: make $1 every time you successfully refer a friend, $2 when they fill out their 1st offer, and $5 each time they cash out their earnings.
Offernation offers several pay out alternatives: Bitcoin, Payza, Skril and PayPal. The minimum payment threshold is $2.
Bitcoin and PayPal payments are usually quickly, and also a validated PayPal account is needed. Every rewards and payments are usually paid in US dollars and unlike some other reward earning websites, absolutely no processing fees are placed.
Since 2005, Offernation has been rewarding their users. Thus far, they have paid over 3 million dollars. They’re located in California and also have members in all of the 50 states. At the time of 2017, they’re outlined with the BBB and have an A rating.
Qualification: Inhabitants of U . S and other english speaking countries. Thirteen yrs old or older with parental consent.