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6 Ways to Make Money with Cryptocurrency

6 Ways to Make Money with Cryptocurrency

Due to fluctuating prices, coin-based fraud and influencers misinformed desire for profit needs to be handled with care.

According to Elliptic, which monitors the movement of funds in digital books that support cryptocurrencies, losses due to DeFi attacks are estimated at $ 12 billion. Fraud and theft accounted for seven times that total of $ 10.5 billion last year.

There are many options to consider and determining the best course of action is not always easy and can lead to financial loss. If you are still interested in making money using cryptocurrencies, there are many options.

Microjobs

If you are looking for ways to make money with bitcoins on the internet. It’s a safe and secure way to get a BTC that few people can tell you about. When you view an ad or click on a link on an ad page, many PTC sites pay your BTC fractions.

But keep in mind that making meaningful money this way is a daunting and time consuming endeavor. These sites are a great way to make money fast when you are ready to visit them. If you are interested in learning how to make money with bitcoins, try services like Coinpayu and adBTC

Another site that pays you a small amount for simple things like watching a video on YouTube or completing a survey is Microworkers. These PTC sites have bitcoin analogs such as BitcoinGet and CoinTasker, where members can choose from thousands of tasks to do in exchange for bitcoins.

Play to Earn BTC games

You can make money while having fun! Satoshis are earned in Bitcoin games such as Bitcoin Alien Run and Sparkprofit. Bitcoin games are probably more fun than completing a survey, despite the fact that they require more effort than micro-tasks.

Cryptocurrency writing

Cryptocurrency is a new field and very few authors really know about it. This means that the market is flooded with inexperienced copywriters who recycle content.

Why not try to educate the public if you want to know how to make money with bitcoins and you have previous experience with writing cryptocurrencies?

Many websites, such as Cryptocurrency News and Bitcoin Magazine, will pay you to write about bitcoin. There are also many independent websites such as Upwork and Freelancer.

Bitcoin Faucets/Taps

For people who like to read commercials and conduct surveys, bitcoin faucets can help you get a huge amount of cryptocurrency.

Bitcoin Faucets use reward systems that pay a small amount of BTC to anyone who performs simple tasks such as viewing ads or filling out questions. Some can even be used as minigames!

Binary trading

Binary trading has existed in the financial sector for a long time. It’s only a matter of time before it appears in Crypto Empire. This is a great alternative if you are still looking for the right technique to make money with bitcoins.

Binary options, as the name suggests, have only two options: the trader buys the option and times out. It can be “in money” or “out of money” in the company. Basically, you bet on the direction of the price.

For example, at 14:00, the price of BTC is $ 50,000, at 22:00 you can bet that the price will be higher or lower. If you bet that the price will rise and rise, you will make gain. If it is lower, you will lose money. If, on the other hand, you bet the price drops and it happens, you get an option gain. It’s a hard way to generate BTC, but if you invest well, you can easily make a lot of money.

Bug Bounties

Bug bounties can be the answer if you want to make money with bitcoins and a code guide. Many software developers and organizations offer these incentives in exchange for examining the exploits and vulnerabilities of their systems. Many bitcoin exchanges and peer-to-peer markets have similar schemes that help their customers improve their systems.

If you’re interested in contributing to a program like this, check out the Paxful Bug Bounty program and help make the platform a safer place for everyone.

What do you think?

Written by nyggx

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