Guidelines to help you earn Bitcoin online

Unlike other currencies, which are controlled by central issuing agencies, Bitcoin is the world’s only peer to peer crypto-currency operating on open sourced protocol which is followed by every person who is a participant in the economy. When it comes to earning Bitcoins online, there are various factors, which need to be considered and adhered to. The following article will help guide people on how to earn Bitcoins online, especially first timers. 

Each and every transaction taking place in this economy is cryptographically verified by a process called Bitcoin mining and hence manipulating the supply of Bitcoins is a difficult task. Bitcoins earned by a person are as safe and secure as any other public currency. Post understanding and appreciating the concept of Bitcoins, the next logical step for a person is how to earn Bitcoins. Following are some of the methods which can help you earn Bitcoins.

Converting money earned online into Bitcoins

One can exchange US dollars, earned for Bitcoins, at one of their exchange outlets like Coinbase or Bitstamp. However, for exchanging the US dollars into Bitcoins, the person needs to be located in the US.

Earning directly in the Bitcoin economy

One can opt for earning Bitcoins directly from the Bitcoin economy like Coinality by taking up small scale or part-time tasks on this small yet vibrant community. Coinality or Coingig are similar to sites like Elance and Fiverr albeit in Bitcoin ecosystem.

Advertising

Thanks to the returns and benefits offered by Bitcoin economy, it is no surprise that, advertising industry is pretty robust with positive growth prospects. There are various types of Bitcoin based services which keep coming up frequently and require backup of a good and reliable advertising network.

One can place Google AdSense styled ads on their respective website with the help of CoinURL. Also, there are services like Bitads, which facilitates advertisers to bid for banner space on your blog. Irrespective of whether you are a publisher or a blogger, earning Bitcoins through this route is a possibility.

Going Social

There are various sites like CoinChat which pay for the activities undertaken by you. Users are paid milli-Bitcoins for indulging in chats on such sites. The chatting process is controlled by an algorithm which monitors your activities and how effectively you are contributing to the discussions at hand. Selling signatures to Bitcointalk forum is yet another ideal option for the enthusiasts to earn Bitcoins online.

For more info:- Start Earning Bitcoins For Free