Last Updated on October 24, 2020 by harsh vasistha
How to earn Bitcoins – 10 best ways to earn bitcoin fast 2020
There are multiple ways to earn bitcoins with investment or without investment. But unfortunately, people end up investing their bitcoins in scams, or they didn’t get a profitable return on their investment.
The article not only answers how to earn Bitcoins? But also suggest the 10 legit and best ways to earn bitcoin fast in simple words.
The current price of Bitcoin is about $10000.
It is a hell lot of money to earn a part-time income or full-time in a month. Depends on the amount of time or money you are ready to invest.
Let me make one thing clear there is no such thing “earn bitcoin free.” It will always cost you something to earn Bitcoin. It may not always be money, but you have to spend something. Whether it is time or something else.
There is no way to get wealthy without working or investing in a proper strategy. You can’t become a Bitcoin millionaire with the ways to earn Bitcoins I listed below. But you can earn a substantial amount of Bitcoin. If you are ready to put in some effort.
There are 10 legit and best ways I have elaborated in this article from Bitcoin faucets to Bitcoin trading to earn Bitcoin fast.
According to experts, the price of bitcoin will hit 50000$ mark till 2030. So even a piece of Bitcoin looks more and more intuitive.
By below-listed methods, I have earned more than 1 Bitcoin in the last six months.
Which is a decent amount considering not more than $100 investment and 1 to 2 hours of daily work?
You can also earn Bitcoins way higher than me if you are ready to spend, whether it is time or money with utmost dedication.
1. Micro earning
It is probably the easiest ways to earn Bitcoins without investment. You don’t need to invest a single penny, but as I have written above, you have to invest something, so here it is time and consistency.
Bitcoin faucet is the easiest method to earn bitcoins without spending a penny.
A Bitcoin faucet is a website which rewards a few bitcoins in terms of ‘Satoshi’ (smallest unit of Bitcoin 1 Bitcoin = 10000000 Satoshi) for visiting their web page.
Bitcoin faucet make money by publishing the ads on its website or by mining Bitcoin
There are different time limits for different Bitcoin faucet to claim Bitcoins.
Each faucet allows a user to claim again after the completion of that time limit.
Accordingly, there are 5 minutes, 10 minutes, 15 minutes, 30 minutes, 60 minutes Bitcoin faucets.
To obtain a considerable amount of Bitcoin from Bitcoin faucets, you have to claim from at least 2 to 4 faucets regularly
It won’t be a bad idea to earn some quick bucks in your spare time.
Consistency is the only way to earn with faucets.
At starting, earning will look small, but by passing time, it will become sizable.
Bitcoin faucets are not very attractive ways to earn free Bitcoin fast. But remember, you have not invested a penny.
Frankly, I am not a big fan of Bitcoin faucets.
But still, there are some legit Bitcoin faucets which are consistently paying their members since their launch.
They have a user-friendly interface with no pop-up ads.
I will list only the name of Bitcoin faucets here.
You can read in details about the Bitcoin as well as Crypto casino faucets in the following article.
1. Free Bitcoin – (All-time Best Must join Platform)
Freebitco.in is all time best Bitcoin faucet where you can claim 300 to 1000000 Satoshi per 60 minutes.
One of the best faucet to earn Bitcoins big time.
The claimed amount is way higher than other Bitcoin faucets.
You can increase your hourly minimum claimed amount by playing HI-LO BTC game, participating in a weekly lottery contest, and by betting on the platform.
You can multiply the earn Bitcoin fast by playing multiply BTC game.
Note – I am going to upload a video explaining how to earn Bitcoins fast and safely by playing this game.
There is also an option of Betting on various categories like sports, Politics, Financial market & more.
The Betting odds are very high. To me, it is one of the Best Betting platforms to make safe and Big money.
It is a must join Platform to earn bitcoin fast.
2. Allcoins.pw –
Allcoins.pw is a multi-coin faucet.
It allows you to claim more than 35 cryptocurrencies every four minutes including Bitcoin, Earning Ethereum, and Litecoin from the same platform.
It has an amazing interface with no pop-up ads. There are several other ways to earn Bitcoin free from the faucet.
Moonbitcoin is a veteran faucet paying consistently since its launch.
You can claim every 5 minutes from the faucet.
Its a must join Bitcoin faucet to earn Bitcoins free.
4. Bonus Bitcoin –
Bonus Bitcoin is another veteran Best Bitcoin faucet which is paying consistently from 5 years.
It allows users to claim every 15 minutes.
Another must join faucet to earn bitcoin free.
5. Cointiply –
Cointiply is another amazing site to earn free bitcoin. It is a premium high paying Bitcoin faucet.
It has an amazing interface with no pop-up ads and allows users to claim every 60 minutes.
There are tons of ways to earn Bitcoin free from the platform
Best cryptocurrency Casino With Bitcoin Faucets
- One hash
- Cyber Dice
- TRUST DICE
- PRIME DICE
2. How to Earn Bitcoin fast with bitcoin casinos, and betting sites
I am not a big fan of Bitcoin gambling, Bitcoin betting, and Bitcoin Dice game (ethical point of view) because more than 60% of people tend to lose more than they earn.
But it is also true that some people do make their fortunes with Bitcoin gambling and Bitcoin Betting (rare).
Still, if you are Gambling and Betting freak then there are few legit platforms to earn Bitcoins.
Each platform I listed below has good trust ration among Bitcoin Gambling and Bitcoin Betting community.
I have personally used these platforms.
I will only provide an overview of the platform with a few sentences.
*Kindly invest what you can afford to lose otherwise stay away from Betting.
Betchain offers more than 2000 Bitcoin casino games and Bitcoin gambling games.
There are a wide variety of games on the platform, which will be harder to find at other Bitcoin casinos such as 3D slots, horse racing, minesweeper, scratchcards, Blackjack, Roulette, more than 600 slots, and more. There is no deposit and withdrawal fee.
Customer support is of top-notch There is first time 100% deposit bonus plus 200 free spins.
The Platform is also multi-linguistic and supports USD, AUD, Canadian Dollar, Euro, Ruble, Swedish Kronor, Norwegian Krone, Rand in Fiat currency.
Betchain without a doubt one of the best Bitcoin casino and Bitcoin gambling site to earn Bitcoin fast.
1Xbit is a sports betting site where you can bet on Football, Hockey, Baseball, Tennis, Table tennis, Rugby, Basketball, e-sports, and more.
It offers premium sports betting features.
You can bet on almost every major sports tournaments and leagues.
It also features Bitcoin Dice, Bitcoin slots, and Bitcoin casino games at its platform.
It is one of the best platform for sports Betting freaks.
There is no deposit and withdrawal fee and withdrawals are instant. Customer support is very responsive.
The platform is regulated and Licensed hence don’t worry about the security of the funds.
Cloudbet is the leader of the Bitcoin betting industry with a huge reputation.
It allows betting at almost every sport from Football to Cricket with the widest selection of live betting, as well as dozens of additional market specials.
Other than sports Betting It also offers Bitcoin Dice, Poker, Bitcoin slots, Roulette and more than 60 live dealer casino tables.
As I said before, its reputation is indispensable in the Bitcoin Betting industry and the interface is very appealing with tons of features at the disposal.
Customer support is responsive and available with E-mail and Live Chat. The best part is 100% deposit bonus up to 5 BTC. Cloudbet has high Betting odd and high Betting Limits.
The minimum amount to bet is 0.001 BTC which can go as high as 36 BTC. Cloudbet without a doubt is the best Bitcoin betting platform in the Bitcoin betting industry.
4. One Hash
One hash is a mutual Betting platform. It offers Moon, Dice, Goals, and Slots. But it is much more than a basic Bitcoin betting website.
It allows betting on major e-sports and professional sports.
You can bet on Football, Cricket, American Football (NFL), Tennis, Basketball, Baseball, Rugby, Hockey, Swimming, Combat sports, and Motorsports.
It allows betting on major tournament and leagues. One hash has high Bitcoin Betting odds and high Bitcoin Betting limits.
It also allows betting on movies and other entertainment events. Cryptocurrencies are no exception on the site. You can bet at a certain price after a certain interval of time.
Cryptocurrencies accepted are Bitcoin, Ethereum, Zcash, Dash, Monero, and Litecoin.
It is also one of the Best Bitcoin faucets where you can claim Bitcoin every 10 minutes.
One hash is also an investment platform where you can invest to receive the share of the profit revenue generated by the platform.
One hash has a very intuitive interface with tons of features.
It is without a doubt one of the best Bitcoin betting platforms.
Nitrogensports without a doubt one of best Bitcoin betting sportsbook in the Bitcoin betting industry. From major sports like Football, Basketball to Minor sports like Snooker. You can bet on every sport imaginable.
Where does Nitrogensports excel that it allows betting on every level of a particular sport like for EPL (English premier league) it allows betting from 1st level league to 4th level league.
The interface is amazingly smooth without any irritating promotional and bonus offers adverts. Nitrogensports offers two main promotions, unlike other betting sites it does not offer first deposit bonus instead it offers promotions during an ongoing bet.
The two promotions are the Parlay Promotion and Go For Gold Challenge. The Parlay Promotion allows players to have an extra chance in an ongoing bet who lost their parlay ( parlay is a bet where you must be correct in all matchups to win the jackpot).
Players who lost their parlay by 1 game will be entered into the monthly Nitrogen Sports jackpot, giving these players a second chance at victory. Promotions are unique, innovative and more attractive than the first deposit bonus offer by the other Bitcoin Betting sites.
Other than sportsbook, Nitogensports provides several other betting games on the platform like poker, Blackjack, Roulette, and casinos
3. Earn Bitcoins fast with Bitcoin trading
Bitcoin trading is one of the most efficient ways to earn Bitcoin fast.
There are several exchanges which provide a user-friendly and advanced altcoin trading platform.
Bitcoin trading or Cryptocurrency trading is not a ‘rocket science’ and does not require any technical knowledge or experience.
There are thousands of altcoins trading on the altcoin exchanges. “Altcoins are the cryptocurrencies other than Bitcoin” Let me brief it a little
Generally speaking, trades occur because sellers consider the price high and buyers consider it low. Sustained price moves result from either buyers or sellers being more aggressive in crossing the spread.
In other words, whichever side is collectively more willing to pay the difference between the bid and ask prices to initiate a trade, will move price in their desired direction
- long-term crypto trading which is carried for the longer period of time.
- short-term crypto trading which is completed within minutes, hours, or a day. It is also referred to as day-trading
In short-term crypto trading, a user buys Cryptocurrency and sells it when price increases in a matter of a few hours or a few days.
In long-term crypto trading, a user buys Cryptocurrency and keep it for months and years then sell it suitably. It is as simple as this
4. Lending Bitcoins
If you own some Bitcoins and want to earn Bitcoins fast via them. Then you can lend them to small SM
Es or entrepreneurs using the Bitcoin peer-to-peer lending platform like Bitbond, BitFinex, Nexo, Coin Loan, BlockFi, and Xcoins
You can get some good return on your investment. But the high reward comes with the high risk, and it may be possible that you lend money to the wrong project.
So always choose projects wisely. If you choose the right company or individual than this method can return you high profit.
There are few people I know who are earning through lending money to start-ups and SMEs.
Personally, I have not tried BitBond. Till now Bitbond has 100% credibility score, and there is no concern registered about this peer to peer platform.
I know people who are using Bitbond service and they have positive reviews about this Bitcoin lending platform
But I have tried Xcoins and can conclude this platform is more than a lending platform.
It also allows buying Bitcoin with a credit card and PayPal and the platform is user-friendly and even newbie won’t face any problem with navigation.
5. Earn Bitcoins fast with Binary Options
In Bitcoin binary options you have to predict the live price of Bitcoin will rise or fall in a certain amount of expiry time.
If your prediction is correct then you win option’s payoff, if your prediction is incorrect, then you lose your investment.
That’s why they are termed as ‘Binary options’ because either you ‘win’ or ‘lose’ there is nothing in between.
Binary options is a risky investment but “without risk, there is no reward.”
- Most recommended Binary broker
- Support all mainstream best cryptocurrencies
- Allows to buy altcoins instantly with USD
- Excellent trading platform
- Offer high leverage up to 1:300
- Get 1000$ as a bonus in the demo account to get accustomed to trading.
- 95 % of customer satisfaction
- Minimum deposit 10$
- User-friendly trading platform.
- Provide leverage of 1:300
- Start trade with as low as 1$
- Robust Security
- 100% deposit bonus
- 76% success rate, highest in Binary options trading.
- Regulated and controlled by the government
6. Bitcoin CFD Trading
Bitcoin CFD trading is similar to day trading, but it is a more secure option to earn Bitcoins. Bitcoin CFD trading allows you to trade in Bitcoins without owning and purchasing Bitcoin.
Let me explain how CFD works. In this arrangement, you and seller of contract for difference(CFD) agree to settle any rise or fall in the price of Bitcoin in cash on the contract expiry date.
As a trader have not to purchase an underlying asset (Bitcoins). Thus it makes trading secure because a trader does not need to worry about the security of Bitcoins as he does not own them.
Traders can speculate and make money with Bitcoin on price variation without having to know how to acquire or store Bitcoin securely. A trader can make a profit, regardless of the price of Bitcoin rises or fall without selling and buying Bitcoins.
Few legit companies provide Bitcoin Contract for difference (CFD) trading are
- Support almost all major league cryptocurrencies
- Allows buying cryptocurrencies with a credit card, PayPal, and a dozen other payment options.
- Most recommended Binary broker
- Provides leverage of 1:300
- Can trade Forex, Commodities, Cryptocurrencies, indices, and Stocks
- Bitcoin, Ethereum, Litecoin, and Dash are the cryptocurrencies accepted.
- Leverage of 1:200
- The platform allows trading cryptocurrency, Forex, Commodities, indices, and Stocks
- Support most Cryptocurrencies among CFD brokers.
- One of the trusted CFD trading platform
- User-friendly interface
- Provides leverage of 1:300
- Do offer cryptocurrency trading, Forex, Commodities. indices, and Stocks
- Support a healthy amount of cryptocurrency
- can trade 24 hours 7 days a week
- Sign up bonus of 30$
- High leverage up to 1:300
7. Bitcoin Margin Trading
In a nutshell, Cryptocurrency margin trading means borrowing funds from a trading site the (broker) for the trading cryptocurrency. It allows a crypto trader to trade more than their capital investment.
For example, If your initial capital investment is 100$ and you choose an exchange which offers 1:10 leverage.
Then you can borrow 900$ from that exchange hence you will be allowed to trade for 1000$.
If the price goes up by 1%, then your overall profit will be 10% and id if the price falls by 1% then you lose 10%.
Margin cryptocurrency trading can be said as the slightly riskier way to earn bitcoins
8. Selling Products, goods, and services in return of Bitcoins
This is also one of the easiest ways to earn Bitcoin fast.
As a merchant, you can also earn Bitcoins by selling your products and services.
There are a lot of websites which provides a platform to sell & buy in exchange for Bitcoin.
You can sell your products as a seller and get paid in Bitcoin.
Buyer can also use these platforms to earn Bitcoin fast by affiliate marketing i.e. by promoting services and products using the affiliate link.
You will receive a commission for referring others.
As a seller, you can earn Bitcoin fast by selling anything like grocery products, fashion products, electronics, and even your fixed asset.
Some of the popular websites are –
Purse.io provides a platform to sell and buy goods in exchange for bitcoin and Bitcoin cash. By using your Amazon account, you can sell at a discount on Purse.io, same applies to the buyer. One of the best ways to earn Bitcoins fast
It is an auction website which sells items using an auction system. It offers escrow services, which means an item will be delivered to the buyer before he/she release Bitcoins.
Buyer has to pay a 1% fee for using escrow services.
On the other hand, the seller will be charged 2.5% tax on the total sale price of the item.
Premium advertisement receives a 1% discount on the fee, i.e., a seller will be charged a 1.5% fee for placing a premium ad.
9. Buy and sell Bitcoins at Bitcoin Exchanges
Another easiest way to earn Bitcoin fast is by simply buying Bitcoin on one exchange and selling it on another exchange because of the variation of Bitcoin price at the different Bitcoin exchanges.
It is one of the easiest ways to earn Bitcoins the same as buy and hold Bitcoin.
Local Bitcoins Exchange is world’s best p2p Exchange where you can earn full time income by trading Bitcoins
10. Earn Bitcoins at Freelance sites
There are many freelance sites which provide a Bitcoin-based platform. In these places, you will be paid in Bitcoins, and they will have Bitcoin-specific jobs.
Coinality is a free network connecting employer and job seeker which provides opportunities that pay in Bitcoin, Ethereum, Litecoin, and Dogecoin.
It provides Bitcoin-specific jobs ranges from one hour of jobs to full-time employment.
There are tons of jobs for developers, writers, brokers, marketers and more.
You can also find Bitcoin-related jobs at Freelancer, Upwork, Fiverr and other freelance sites.
Note — Always store your Bitcoins in a hardware wallet.
11. Earn Bitcoin by Staking crypto assets
Staking is the process of actively participating in transaction validation on a proof-of-stake (PoS) blockchain.
Blockchains have one thing is common that transactions need to get validated. With the Proof-of-Work mechanism, new blocks need to be mined to verify the transactions. With the Proof-of-Stake mechanism, new blocks are produced and verified by how many coins you hold (also referred ‘stake’)
With the Proof-of-stake mechanism, you don’t need special infrastructure or computers to validate transactions that are required in the case of ‘mining’ (Proof-of-Work mechanism). Instead, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
In simple terms, crypto staking is earning crypto as rewards for holding the (Bitcoin or Crypto asset) on the staking platform. It is like the interest you earn for holding money in the bank.
Staking is all about how many coins you are holding. The amount determines your reward. A user who has secured more of a certain coin is more likely to be chosen as the new block validator.
There are multiple crypto platforms that allow earning money via cryptocurrency staking. Mind it not every cryptocurrency is available for staking.
There are different interest rates available for different cryptocurrencies. Stable coins generally have high-interest rates.
You can also earn more money by staking if you choose the right crypto asset and in the future the coin price increases.
12. earn Bitcoin daily with Bitcoin Affiliates
Bitcoin Affiliate marketing is the same as traditional affiliate marketing. It works when you generate sales leads for a cryptocurrency product or Cryptocurrency service and the Cryptocurrency organization pays you a certain commission for bringing in potential consumers.
Below are the 3 steps allow you to set up your own affiliate business for passive income:
- Sign up for a Bitcoin affiliate program as an affiliate marketer. It can be the Bitcoin Exchanges, Bitcoin wallet, or other Bitcoin-related products and service providers.
- When you are approved as an affiliate marketer, you will receive a unique URL that has a link to their product or service with a unique identifier.
- You can then promote that platform via sharing the link on your social media platforms or on your website, blog, etc. When users sign up using your affiliate link and buy a product or service provided by the platform then you will receive the commission for that purchase as described in the affiliate program details.
13. Bitcoin mining
Bitcoin mining is one of the traditional ways to earn Bitcoins.
Bitcoin mining is a process of solving the mathematical calculations to mine Bitcoin from a block. High configuration computers can perform this mathematical calculation. At first, people used graphics cards to mine bitcoins. Currently, there are devices on the market to mine the bitcoins.
You can buy devices from the Amazon.
To earn bitcoins by Bitcoin mining. First, you should have a high-end Bitcoin mining device (One like above and there are lot more devices on Amazon)
You can visit via the following amazon link and can buy bitcoin mining devices. Secondly, you have to learn to operate it then you should join a mining pool and download the Bitcoin mining software.
Then completing all necessary initial procedures, just click mine bitcoins and leave your computer to mine bitcoins for you.
Your mining device will mine bitcoins day and night for free until it got turned off. But you should have full knowledge about power usage, mining devices, device mining power before you start then only you will get profit through Bitcoin mining.
(Bitcoin mining realistically is not profitable anymore however people still earning by mining bitcoin or bitcoin cash as you can see in the below reviews published on Amazon for the above device)
Now the question arises how to earn Bitcoin fast with Bitcoin mining. Then answer is cloud Bitcoin mining is still profitable.
I have earned 50x of my initial investment from a single contract but I bought it in late 2017.
This is where you pay someone else to do it for you and get them to run the mining equipment on your behalf they will mine Bitcoins for you.
You just need to buy an available contract and just watch your earnings grow. Most popular and reputed cloud mining company is Genesis mining.
I am having the lifetime contract at Genesis cloud mining which is one of the best cloud mining company around. But unfortunately, contracts are rarely available now.
They release new altcoin mining contracts in every two to three months which will be swiped away by customers in a day or two. So you have to wait patiently for your chance to buy one.
USE FOLLOWING CODE TO GET 3% DISCOUNT ON BUYING HASHPOWER — LtM8ye
Eobot is another popular cloud mining company. It is online since 2013 and there has been almost no case of fraud till now.
Contracts are cheap and profitable. Payments are instant.
They provide mining contracts for more than 25 popular cryptocurrencies.
Note – Bitcoin mining is not profitable anymore
Frequently asked questions
What are the two best ways to earn Bitcoins free without investment?
If you don't want to invest than the safest ways to earn Bitcoins free are from bitcoin faucets or completing surveys and microtasks. But it can be highly time-consuming.
The other best way to earn Bitcoins for free and make a decent passive income with Bitcoin is to participate in Bitcoin affiliate programs.