You might have been following the recent news coverage on cryptos, NFTs and how they’ve grown in value over the past few weeks. If you’re like me, you’ll be excited to receive a bit of your own money when all the advertising ends. Here are some easy methods to get those coins into your wallet:
1. Local Cryptocurrency Exchange
Coinbase is considered as one of the best ways to buy cryptocurrency, but it’s not available everywhere just yet. The good news is that there are a lot of exchanges that offer local alternatives with more flexible hours and better rates than Coinbase. A great exchange to sign up with is Coinsquare . They offer a wide range of cryptocurrencies and low rates for fiat currencies.
2. Binance
You can buy many cryptocurrencies on binance , but if you want to buy something cheap, it’s best to use your own currency like the dollar or bitcoin. Otherwise, you’ll be subject to big fees for any fiat currency exchange. It doesn’t make sense to avoid crypto altogether just because you have limited options; this is where cryptocurrency arbitraging comes in handy.
3. Cryptocurrency Arbitrage
Arbitrage seems to be the magic word for any trader. This is where you buy and sell for a profit within a short time period. But how do you know if it’s worth trying? Do your research before you invest! Cryptocurrency Arbitrage is best done with exchanges that offer direct trade from one currency to another (such as Binance or OKEx ). This way, you don’t have to convert your money into another currency just to exchange it and lose on the rate difference. Click here for more.
4. Paid Surveys
There are many sites that pay people in crypto when they fill out surveys. These sites are legitimate so long as you’re using a safe computer and browser. Paid surveys are not very reliable, but if you get one that pays well, it may be worth spending a bit of time on them.
5. Free Bitcoin Faucets
There is no such thing as free money. That doesn’t stop hundreds of people from trying to claim faucet rewards on a daily basis. This can be easily done by working your way up the payouts; just keep trying until you get what you want. A great site to get free bitcoins is CoinWorker .
6. Trading Platforms
There are many trading platforms on the internet, but trust and security are a concern. There are a few exchanges that try to offer transparency with their systems without being too stingy with fees and security. One great example is CoinPair . They offer big fees for all trades, but they also have an order grid called “Stop Market” that helps traders avoid big changes in price if they are not available to check their computer at all times.
#7. Selling Websites or Domains
Some people get lucky because of their domain name or website content for outreach, but this does not mean you should give up your expenses for free. There are sites that offer commissions on the sale of your web content, but most of them operate in a grey area so it’s best to do your research before you sign up.
8. Amazon Affiliate
This is one of the easiest ways to earn the crypto that you earn from working online. You can sell stuff online or in-person and get paid for sharing recommendations and products. A great site to sell on is CoinPayments .
9. Bitcoin Mining
-Bitcoin mining requires a lot of processing power, which is why it can be very expensive. It is best to buy the necessary hardware and electricity over time because if you try to mine for free, there’s a high chance your process will never complete. If you have some free time, this is also a good way to earn Bitcoin without taking much time out of your day. Just keep in mind that the hardware you need is quite expensive.
10. Bitcoin ATMs
-This is the easiest way to get cryptocurrency with fiat currency. There are many Bitcoin ATMs around the world, but some of them do charge fees for their services. You don’t have to live in a major city to use the service of a Bitcoin ATM. All you need is an internet connection and the right bank card to withdraw cash from most machines. Find a location near you that sells Bitcoin and enjoy your new way to convert fiat into cryptocurrency!
Summary:
There are many options to earn cryptocurrency, but most of them require some effort on your part. You can’t expect to just click a link and get free money from anywhere; if you want to earn, you have to invest. It’s all about the long run with investing. Cryptocurrency is now a part of our global economy. Although most people don’t know how to handle them, these quick tips will help you in understanding the basics of making money with cryptocurrency.
