You can replace the BTC to compensate any country currency and get the value of product (or) services.
You can buy anything by using Bitcoins, even you can make online purchases and complete your transaction by paying as Bitcoins.
Here are some Benefits of bitcoins:
••• Once can send and receive money from anyone in the world
••• No bank approvals needed
••• No border or exchange restrictions
••• Bitcoin gives you full control of your money
2.) Low Fees
••• Bitcoin transactions run on a distributed peer-to-peer network
••• Computerized Work so No Employees needed
••• Hence, less transaction fee
••• Mathematically secured
••• Impossible to fake
••• Transactions are irreversible and do not disclose any personal information
2.) Uses of Bitcoins?
You can use Bitcoins to buy almost anything today, including flight tickets, rent hotel rooms, buy pizza and food-related stuff and more.
It also reduces the hectic process of the currency conversion between different countries in the world.
You can use Bitcoins to purchase anything from US, UK, Singapore, Malaysia and many more countries with Bitcoins.
While doing so, there is no need to convert Indian Rupee into US Dollars or EURO or Singapore Dollar or Malaysian Ringgit, directly you can purchase using bitcoins.
You do not need to convert your country currency to other country currency for purchasing.
Payments are straightforward using a wallet application. A wallet application is a software similar to your online banking account where you can hold your Bitcoins.
3.) How to earn free bitcoins
There are three methods to earn Bitcoins:
3.) Working in Faucet Sites
It is the process of getting Bitcoins using a specially designed computer hardware called as “Bitcoin Miner“. You either need to install a physical hardware at your home (or) create a contract with cloud mining centers.
The total bitcoins you receive will depend on your hardware mining clock speed, usually denoted as hertz(Hz). Its price was based on its mining power and speed. The price starts from Rs. 25,000INR(500USD) to Rs. 10,00,000INR(20000USD) based on its mining power.
It requires an initial investment from you that includes buying the hardware, installing at your place and running 24/7 Hrs to earn bitcoins.
There is no work involved here, but you should maintain zero power-cuts to earn a decent amount of Bitcoins everyday.
Trading is a process of buying (or) selling something that includes anything such as commodities, documents, pure money, shares, and dividends etc.
Bitcoin trading is similar to pure money trading, where Bitcoin is the primary medium of buying and selling. There are internet broker’s available who acts between the buyer and the seller to perform this trading operation.
If you have cash in hand, you can convert into Bitcoin and join with these online broker’s to start the trading. You can start Binary Options Trading using Bitcoins because of less risk and huge earnings.
This also requires investment at the beginning. Also, it has the huge risk of losing your earnings.
3.3.) Working in Faucet Sites:
Bitcoin faucet is the reward program’s in the form of a website, where the user will be rewarded with Bitcoin satoshis.
Rewards may be set to avail at some interval around 30min (or) 60min once and will be rewarded after the user completes a small task such as Captchas.
This was started mainly to introduce the Bitcoin Cryptocurrency to the people and helping them to move towards cashless transactions.
This method is absolutely free and anyone can easily make Bitcoins without the initial investment. To start with this method, the individual should create an account with Blockchain Wallet.
To start making money from Bitcoins you need to create a free online wallet account with Block-Chain, where you can store your earned BTC..
If you need step by step instruction kindly do follow the article where I written about How to create a Blockchain Wallet account?..
Complete the registration form by entering your Email address and password for this account.
Once you created your Block Chain Account, you are now ready to earn Bitcoins..
After your account setup you will get access to your wallet. It is nothing but a similar to your online banking account, where you hold your bitcoins instead of your country currency.
Your own unique BTC address should look like this 113NXWvi……….FKMtwDAmBaDqgs7o.
Check your BTC balance at any time through this address https://blockchain.info/address/<your own btc address>.
Once you are ready with your block chain wallet account and your own unique BTC address, now you are ready to work. Below on further scrolling you can find the list of sites to work.
4.) How to earn Rs 1000/- daily from Bitcoins
KIND ATTN:- You cannot get cash directly from Bitcoins..
Only way to convert your Bitcoins into real money is by selling your Bitcoins in your Blockchain wallet to someone and ask them to pay real cash to your bank account..
This was you can convert your Bitcoins into your local currency..
OnlineHomeIncome pays you for your bit coins, chances of making minimum of Rs100/- per hour to Rs1000/- per day. Earn Rs30000/-($600) monthly without any investment..
By having referrals, you can have increased opportunity to make Rs 100000/- per month absolutely without any investment…
HOW TO WORK?
♠ Step 1: Open the Webpage listed below and Enter your BTC address.
♠ Step 2: Then, enter the Captcha code correctly.
P.S: Some websites may require solving Google Re-Captcha.
♠ Step 3: Then, click Get Reward.
♠ Step 4: Usually your payments will be auto and sent to your Blockchain every weekend.
♠ Step 5: Accumulate 0.10000000BTC in your Blockchain Wallet.
♠ Step 6: Mail us at support (at) onlinehomeincome.in and let us know your Bank Account and Bitcoin Address.
♠ Step 7: Send us your 0.1BTC to our address at 113NXWvi……….FKMtwDAmBaDqgs7o and get paid 85% of market value for every 0.1BTC.
5.) Sample Earning Calculation
BTC vs SATOSHI
1sat : 0.00000001BTC
10Sat : 0.0000001BTC
100Sat : 0.000001BTC
1000Sat : 0.00001BTC
10000Sat : 0.0001BTC
100000Sat : 0.001BTC
1000000Sat : 0.01BTC
10000000Sat : 0.1BTC
100000000Sat : 1BTC
You can make as much as you can every day..
If you can make more referrals for your bit coin faucets, you can even make more money.
You make 0.001BTC by working 25+ faucet for 10Hrs a day : [0.001×10 = 0.01BTC = Rs301/-] If you have 10active referrals: [10×0.01 = 0.1BTC] hence 25% ref commission equals [0.01+0.025 = 0.035BTC equals Rs1000/-] You work for 30 days : 30 x 1000 = Rs 30000/- per month
Refer more people and earn at-least minimum 10% to 50% referral commission every day..
6.) Requirements to Join:
1.) Gmail Account
2.) Blockchain Wallet Account
2.1) Register Blockchain wallet account and get your unique BTC address.
2.2) Open the site and directly login using your BTC address.
3.) Coin Pot Account
Note: Most sites do not require registration, just feed your address, complete the task, earn Bitcoins.
7.) Recommended List of Bitcoin Sites to Register
All information have been mentioned which includes, Minimum Payout, maximum payout, minimum cashout limit, payment methods and mode of payment etc..
Kindly review all information by your self before registering.Follow this registration process to earn Bitcoins.
7.1) Earn bitcoins by completing tasks
60 MinRef Comm:
Payments: 1 2 3 4 5 6
5 MinRef Comm:
Weekly / On-RequestPay Via:
Blockchain / Coinpot
2 3 4 5 6
7.2) Earn bitcoins by mining
Note: After you successfully registered send a mail to thro’ contact us form in our contact us page with subject “Genesis Mining Registration completed”.
Because Genesis Mining does not require you to work but it needs you to purchase hash power for mining. I will explain you personally through email.