If you do anything with money online, you’ve likely heard of the very popular Bitcoin that seems to be trending more and more nowadays.
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People say that it’s easy to make Bitcoin if you know what you’re doing.
If you haven’t yet discovered these methods, though, you’re probably wondering how to make Bitcoin fast.
Whether you need 1 or 1,000 Bitcoin, this article can help.
We’re going to talk about some of the most common ways to get some of this cryptocurrency in your hands fast, just by using your computer and internet connection.
What is Bitcoin?
Let’s start with the basics because a lot of you are probably sitting there thinking, “What is Bitcoin?”.
Bitcoin is a form of cryptocurrency.
It doesn’t have a “real” value like money.
Instead, it’s only found on the internet.
What’s good about that is that it’s not regulated by the government, so it sort of takes on its own value.
The bad news is also that it’s not regulated by the government, so it has no collateral to keep its value protected.
But since it’s not regulated in any way, there are a lot of scams that exist in the Bitcoin world, which is something you need to be careful of even if you consider yourself an expert.
What Do I Need to Get Started with Bitcoin?
To start earning Bitcoin, you’ll need to do a little research about how it works.
Understanding the fundamentals of the currency is key in learning how to make legitimate money with Bitcoin.
You’ll also need:
- A computer and internet connection
- An online wallet to hold your Bitcoin
- Some practice with getting and trading Bitcoin
You should also follow this Bitcoin Reddit thread, which has a lot of helpful information from beginners and experts who know the ins and outs of the currency.
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How to Get 1 Free Bitcoin Fast (and Even More!)
Want to know how to make free money with Bitcoin? These are some of the best ways to do it:
This is probably the most common method of earning Bitcoin, but it’s not the best for beginners.
Bitcoin mining refers to the process of “mining” the Bitcoin network of transactions with special computing chips that do a bunch of complex calculations.
The result is that more Bitcoin is made to be bought, exchanged, and sold.
To thank the miners for their work in getting more Bitcoin, they’re typically rewarded in Bitcoin themselves.
Think of mining like the Bitcoin equivalent of the process the government goes through to ensure the validity of money.
Mining helps make sure that new Bitcoins in the system haven’t been used before, which helps control the value of the Bitcoin.
It’s a complicated process and one you can’t really learn overnight, but it’s one of the most popular and valid ways to earn Bitcoin without ever having to buy any yourself.
Bitcoin trading works similar to real money trading using different currencies.
Unfortunately, some countries have banned trading with Bitcoin, like China and Vietnam.
But others, like Canada and the United States, still see it as a viable method of trading.
With Bitcoin trading, you’ll exchange real money for Bitcoin, which sometimes can be more valuable than the US dollar or your country’s currency.
If you trade $100 USD for an amount of Bitcoin that’s currently worth more than that on the exchange, then you’ve made free Bitcoin in the process.
You have two options from here: Save that extra Bitcoin to buy something in Bitcoin or wait to sell that Bitcoin back when its value is lower than the USD.
Either way, you’ve made money on your trade.
Charging for Transfers
Some people like to keep their Bitcoin investments a secret, just because it’s sometimes frowned upon by others.
If you don’t mind buying Bitcoin and potentially having the purchase traced back to you, then you can make money completing Bitcoin transfers for others.
Basically, you’d use your own money to buy Bitcoin and then transfer that Bitcoin to the person who’s using you as the buffer.
Most people who do this charge a transaction fee in Bitcoin for their time and help, which is how you’d make money.
You can choose how much to charge per transaction, but most people do a percentage of the full transaction.
Freelance for Bitcoin
Over the past couple of years, I’ve seen a lot more freelancing jobs pop up that pay in Bitcoin.
It’s becoming a more popular option for freelancers to get paid.
If you currently do any freelancing work and are thinking of switching to Bitcoin as payment, you’ll need to talk to your clients and make sure they’re comfortable doing that.
Going forward, make it clear to clients that you only want Bitcoin as payment.
Some will agree, but others may turn away from working with you.
Or, look for jobs on Coinality, which is dedicated to helping you find work for Bitcoin!
Get Tipped in Bitcoin
Maybe you don’t want all your freelancing paychecks to come in the form of Bitcoin but having some BTC here and there would be great.
You can always see if your clients might want to tip you in Bitcoin instead.
Do a stellar job for them and it’s a possibility!
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Make Bitcoin with Quick Tasks
There’s also the option of completing quick tasks online – kind of like you would with Amazon Mechanical Turk – to make a few quick BTC.
Again, you can use Coinality for this. The site has both quick and longer gigs for BTC.
You can also check out the Jobs4Bitcoins Reddit thread or even check out Indeed or other job search websites.
Complete Offers with Coin Bucks
Coin Bucks is sort of like the Swagbucks or InboxDollars for Bitcoin.
Download the app to find current offers that require you to do something, like sign up for a website or free trial, to get Bitcoin added to your wallet.
You might also do things like take surveys or download new apps to try.
Everything you earn is in the form of BTC and all tasks get rewarded instantly.
You can even get paid out to your BTC wallet every day!
Earn Interest in Bitcoin
Some banks may allow you to get your interest paid in Bitcoin instead of your country’s currency.
Most of these banks are Bitcoin-focused, though, meaning that they focus solely on storing Bitcoin and giving you interest on your BTC savings.
Look for Bitcoin wallets with excellent interest rates.
They’ll work just like your usual savings accounts, earning an annual interest on everything you have stored in the account.
Take Surveys for Bitcoin
Who knew that you could earn BTC for surveys, just like you would for taking online surveys through Pinecone Research and other top survey sites?
BitcoinGet is the way to do it.
Participate in market research, share your opinions, and get paid.
Once you receive 1,000 “bits” (points) you’ll be able to get a payment to your BTC wallet within 48 hours.
Try a Bitcoin Faucet
A Bitcoin Faucet is kind of like a reward site or app that pays in Satoshi, which is a small fraction of a Bitcoin.
The Faucet will have several tiny, quick tasks for users to do, like visiting a website or entering a captcha.
As a reward, you’ll get Satoshi, which will eventually add up to Bitcoin.
It won’t make you rich, but it’s a legit way to get Bitcoin into your wallet.
Shop Online and Get Bitcoin Back
Have you noticed that a lot of the regular ways you’d earn money online, like freelancing or taking surveys, you can also use to earn Bitcoin?
Another common money-making method is shopping online.
Well, you can earn BTC for doing that too when you use CoinRebates.
This site’s kind of like the BTC version of Ebates.
You’ll use the portal to visit partnered retail sites.
Then, complete a purchase, and you’ll see cash back in the form of Bitcoin added to your CoinRebates account.
If you’re going to do some online shopping anyway, this is a good method to use to get free Bitcoin as you shop.
Join Affiliate Programs for Bitcoin Sites
Are you currently a member of any Bitcoin related sites?
Many of them have affiliate programs that reward members for sharing the sites with their friends and family.
When people join or purchase something from the site using your affiliate links, you’ll earn a commission, which is usually gifted in BTC.
Bitcoin exchanges, especially, usually have good affiliate programs, as do reward apps and sites that pay in Bitcoin.
If you have a good blog or social media following, then there’s a good chance you’ll make BTC just by sharing links with your audience.
Write About Bitcoin
Those who have both a lot of knowledge about Bitcoin and awesome writing skills can certainly find work writing about Bitcoin.
I’ve seen tons of jobs in the cryptocurrency writing space, especially within the last year or two as the industry becomes more popular.
People want to know everything they can about using it to their advantage, which is why writers like you can help.
Share your knowledge about Bitcoin on high-level industry sites and you could get paid for your work.
Many Bitcoin-focused websites pay their writers in Bitcoin.
You can find writing jobs related to Bitcoin and cryptocurrency on Upwork and Problogger.
There are a lot of private jobs that might pay in Bitcoin.
You might find them on places like Craigslist or Facebook.
But you’ll always need to be careful about responding to them and accepting them because a lot of them are riddled with scams.
Unfortunately, the Bitcoin world is full of illegal things like drug trafficking because the currency isn’t traceable by the government.
Only accept jobs you find online by known and trusted sources, and be careful about getting into anything that seems like it could be illegal.
Earn One BTC (or More) Fast!
There you have it – several legitimate ways to make Bitcoin today.
As I mentioned, though, scams are prevalent in the BTC world.
It’s crucial that you avoid any potential “jobs” that involve things like:
- Extortion (bribing you to do something in exchange for Bitcoin)
- Free giveaways in exchange for your personal or financial information
- Anything that requires a download to get Bitcoin (they’ll often have viruses, spyware, or malware)
- Ponzi schemes (someone guarantees you’ll get a specific amount back after making a deposit)
You’ll also have to double check any trading and exchange sites you come across because many of them could be scams.
Check reviews first and don’t trust any site without legitimate contact information.
If you’re careful about your methods and sites you use, you’ll be well on your way to earning free Bitcoin.
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