Bitcoin was born in 2009 ago and for the first time traded with a barter system in 2010. At that time, two pizza pans were sold for 10 thousand pieces of Bitcoin. Now, the price of one Bitcoin has reached hundreds of millions of rupiah and once almost reached one billion rupiah.
The increase in the price of Bitcoin in the last 10 years has made Bitcoin even more in demand in cryptocurrencies. Some are trading Bitcoin and some are focused on mining Bitcoin. However, apart from mining, it turns out that there are still many ways to get Bitcoin that can be done. Here are a series of easy ways to get Bitcoin that you can do at home.
What are Bitcoins?
Bitcoin is digital money that enables secure peer-to-peer transactions on the internet. Bitcoin is decentralized, i.e. two people, anywhere in the world, can send Bitcoins to each other involvement of banks, governments, or other institutions.
Every transaction involving Bitcoin is tracked on a blockchain, which is similar to a bank ledger, or a log of customer funds going in and out of a bank. In simple terms, it is a record of every transaction ever made using Bitcoin.
Unlike bank ledgers, the Bitcoin blockchain is distributed throughout the network. No company, country, or third party controls it, and anyone can be part of the network.
Benefits of owning Bitcoin
The following are some of the benefits of owning and using Bitcoin over other currency systems:
1. No transaction fees
Basically, by using Bitcoin, users will contribute to the network and share the burden of authorizing transactions. This greatly reduces transaction costs, and thus transaction fees are negligible.
2. No risk of “charge back”
Once the Bitcoin is sent, the transaction cannot be canceled because the Bitcoin ownership address will be changed to the new owner, once changed, it is impossible to return it. Only the new owner has the associated private key and changes ownership of the coin. This ensures that there is no risk involved when accepting Bitcoin.
3. Bitcoins cannot be stolen
Bitcoin ownership addresses can only be changed by the owner. No one can steal Bitcoins unless they have physical access to the user’s computer, and they send Bitcoins to their account. Unlike conventional currency systems, where only a few authentication details are required to gain access to finances, these systems require physical access, which makes them more difficult to steal.
How to get Bitcoin
Get This can be done in various ways, even some websites give Bitcoin for free only on conditions that are easy to do. Here are some ways to get Bitcoin that you can do:
1. Buying Bitcoin
First, the way to get Bitcoin is to buy it. This way of getting Bitcoin is the simplest way to do it, but of course it has a fairly high risk.People who invest by buying Bitcoins usually have long-term goals because they believe more in the future of successful cryptocurrencies and hope that their investment now will one day bring them many times over.
How to get Bitcoin can be done through one of the crypto asset trading platforms registered with CoFTRA, where you must be registered and go through a verification process first. Then, after that, you can buy Bitcoin make payment for the purchase of Bitcoin by means of transfer to the designated account number, using a credit card, or it can be in other ways provided.
2. Play online games
Second, how to get Bitcoin can be done by playing online games. There are some online games that will give players free Bitcoins, but these online games will usually contain a lot of ads in them.
Some online games that you can play to get Bitcoin for free include Feature Points, Bitcoin Blast, Money Whale, Free Bitcoin Cash, Bitcoin Pop, Bitcoin Solitaire, etc.
3. Bitcoin Faucet
Third, the way to get Bitcoin is with a Bitcoin Faucet. Bitcoin Faucet is a feature on a website that drips Bitcoin continuously. For example, a website might issue a small fraction of Bitcoin every year minute. Usually a very small amount, equivalent to a few cents or a dollar, is given to one user every few minutes. Some Bitcoin Faucets that you can try include FreeBitco.in, FreeBitcoin.io, BonusBitcoin, MoreMoney.io, etc.
4. Doing work online that earns Bitcoin
Fourth, the way to get free Bitcoins is by completing tasks on the website. Some companies will pay you in Bitcoin to test their websites, take surveys, retweet their posts, and complete other small tasks.
There are also websites that allow one person to offer another person a small Bitcoin gift that can give them the best answer to one of their questions. You can find how to get Bitcoin this way on Cointiply.
5. Write about cryptocurrencies to earn Bitcoin
Fifth, the way to get Bitcoin is to write about If you have a lot of knowledge about the industry, then certain cryptocurrency blogs, news outlets, and forums will pay you in Bitcoin for the posts you write for them. Popular cryptocurrency forums, such as Publish0x, reward users for reading and writing articles related to Bitcoin.
6. Earning interest on your Bitcoin
Sixth, the way to get Bitcoin is to generate interest from the Bitcoin you have. Some crypto exchanges allow you to earn interest on cryptocurrency holdings. This is a loan program where you can lend your Bitcoins to institutional borrowers and you can earn up to 7.4-7.5% APY.
To earn interest, you can take advantage of the Gemini Earn and BlockFi platforms. However, be aware that lending crypto to these institutions can add more risk on top of the inherent risk of cryptocurrencies, so make sure you read the terms carefully register.
7. Signup or referral bonus
Seventh, the way to get Bitcoin is through referral bonuses. This is probably the easiest way to get free Bitcoins. For example, you can refer a friend to use a certain crypto asset trading platform where you are part of an affiliate program, then both of you can get Bitcoin, discounts, reward points, or even fiat currency bonuses.
Those are some ways to get Bitcoin that you can do from anywhere and anytime. Hopefully the information on how to get Bitcoin above is useful for those of you who want to get Bitcoin easily without the need to do mining.