How to Earn Free Bitcoin from Your Blog or Social Media
First, to those of us that are not aware of what Bitcoin is, I will briefly throw light.
Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoin is created and held electronically. No one controls it. Bitcoins aren’t printed, like Naira or dollar, they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
In short, Bitcoin is Digital Money.
Now that you know what a Bitcoin is, do you know the worth of Bitcoin?
As at the time I write this post (23/02/2017 – 02:49am), a Bitcoin is equivalent to $1130 (One Thousand One Hundred and Thirty Dollars)
The currency is rapidly growing and is expected to reach $2000 for a Bitcoin by the end of this year 2017.
2017 has been predicted to be the year of mass adoption of cryptocurrencies especially Bitcoin and Ethereum. Reason being that it is getting exponentially easier to access and trade in digital currencies.
There are now over 700 cryptocurrencies and Governments are finally coming to terms with them while supporting their own moves towards digital currencies said Roger James Hamilton, Founder of Entrepreneur Institute.
He further stated that “This month, Sweden announced it was looking to launch the first Government-issued digital currency, “the e-kroner”. Sweden is already leading the way in cashless economies, with only 2% of transactions now in cash and 98% in digital currency.”
One of the fastest growing areas in digital currencies is in mobile payments.
“We each have the choice in any setting to step back and let go of the mind-set of scarcity. Once we let go of scarcity, we discover the surprising truth of sufficiency.” – Lynne Twist
I have been dealing on Bitcoin for a while now and looking back few months ago when I was introduced to it by a colleague and the amount I have made, I will only say this is the new best digital business every Entrepreneur must look into on how to tap from.
As at November 09, 2016, a Bitcoin was equivalent to $721.50, fast forward to February 23, 2017 the same Bitcoin sells for over $1130.
Bitcoin Opportunities for Bloggers and Social Media Users.
Do you know you can earn Free Bitcoin from your blog or social media pages or groups?
I want to enlighten you a little.
You already know what affiliate marketing or referral programs are?
There are many digital currency sites, Forex Site, Online Exchangers and even Online Games that are willing to pay you in Bitcoin for any lead you send to them or for playing games.
All they require you to do is get an account with them, register for their Affiliate/Referral program, refer customers (buyers, sellers or gamers), traders or eCommerce sites that will use their platform to do business and you get paid into your Bitcoin online bank account. It’s that simple, nothing different with the normal affiliate businesses we do just that you now receive your payment in Bitcoin.
You will be surprise that most companies you know and have worked with online promoting their business now pay in Bitcoin. Why ask to be paid in Dollar when you can be paid in an ever growing Bitcoin?
Here are some of the highest paying Bitcoin Affiliate/Referral Programs for Nigerian Bloggers.
Note Terms and conditions as they differ, while some give lifetime commission on referrals others give tiered referral commission.
Lifetime Commission: Companies that offer commissions on every trade your friend (anyone that use your link to join) makes.
Tiered Referral Systems: Earn commissions from your friends trades, and commissions from the users your friend refers to the website too. Tiered referrals let you grow a large network of traders who generate a passive income in bitcoin. Once you refer enough friends you will be paid bitcoin every day for doing nothing. If you can find a smart way to refer larger investors, you only need 1 or 2 traders to make good money for life!
Bloggers can sign up, get their unique affiliate link/banner and paste affiliate banners on their site or refer readers to through a link in their post.
For those that wish to use social media platforms to market, you can sign up, get a unique referral link then share with your followers or any one that have need of such services.
Best Bitcoin Referral ProgramsLakeBTC.com: Buy and sell bitcoin with any currency. Earn 30% commission from friends, 10% commission from friends of friends, and 5% commission on friends of friends of friends.
Xcoins.io: Earn 25% of bitcoin fees for Tier 1 Referrals, earn 5% of fees for Tier 2 affiliates.
Best Bitcoin Affiliate Programs
Listed below are best partner programs that pay out in bitcoin and have no minimum
StrongCoin.com: Strong coin is a hybrid bitcoin wallet where you can store your Bitcoin from where all your transactions can be made. Encryption is done in the browser before your Bitcoin keys are saved on our servers. This is an extra security for users to avoid being hacked. A hybrid wallet allows you to send and receive Bitcoins just like any other wallet. However, the Bitcoin private key which is required to send money is encrypted in your browser before it reaches our servers. Nice right?
CoinBase.com: Coinbase is the world’s most popular way to buy and sell bitcoin and ethereum. You can also create a digital wallet with Coinbase to store your Bitcoin and ethereum. Invite a friend who buys or sells $100 USD of digital currency or more, and you’ll both earn $10 USD of free bitcoin! That is 10% to both the referrer and the referee.
OKCoin.com: Earn up to 20% on trade fees. Earn USD, litecoin or bitcoin, daily payments.
Whaleclub.co: Earn 50% of trade fees, Earn bitcoin, instant payment.
Localbitcoins.com: Global P2P bitcoin trading, earn 20% commission on all trades. Earn bitcoin, daily payments. You can also view Bitcoin sellers, buy Bitcoin or Sell in this platform. Location of sellers available. Options of buying or selling include Cash at hand, National Bank transfer, online transfer etc.
Bitbond.com: Global small business loans and bitcoin lending platform. Earn 20% commission on Bitbond’s origination fee from every loan one of your invitees takes out. Get 30% commission on Bitbond’s origination fee that is generated through lenders that you invite. In total you can rake up to 50% of the fees Bitbond is making on a loan.
How to Exchange Your Bitcoin to Any Other Altcoin and Vice Versa
Do you know you can now exchange/convert your Bitcoin to Etherium, Litecoin, Ripple, Etherium Classic, Dash etc.
Do you own any Altcoin (any cryptocurrency other than bitcoin) and wish to convert them to bitcoin?
I have good news for you.
Have you heard of Changelly?
I bet you’ve not.
Well Changelly is a Cryptocurrency exchange site that converts any cryptocurrency to another of your choice.
After conversion, which takes between 5-30 minutes to confirm, you can store or transfer your crypto to your private wallet or online wallet or even straight to your trading account (for traders like me).
All you are required to do is to sign up at Changelly with your best accessible email, get a link sent to you, confirm the link and get a password. Log in to your account, navigate to profile and change the default password to any strong password of your choice.
Then you are good to go.
Just send the cryptocurrency you wish to convert to your changelly account, then select the altcoin you wish to convert to and within minutes you will receive your converted crypto.
What are you waiting for? Sign up for any of the programs now and start earning bitcoin from your hard work.
Affiliate Disclosure: I may earn a small commission for my endorsement, recommendation, and/or link to any products or services from this website. Your purchase helps support my work in bringing you real information about crypto exchanges and business products.