Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
Bitcoin can be used to buy things online from stores that accept it, it’s like conventional dollars, euros, or naira, which are also traded digitally.. With time every body will be using this currency..
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Bitcoin was created by Satoshi Nakamoto which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.
To cut the long story short, lets move to the next phase of getting inclined and knowing how we get bitcoin either for free, or by buying or by investments
First thing first, you will need a bitcoin wallet to saved any bitcoin you receive and also keep track of your transactions.
What you need to know is = What is a bitcoin wallet?=
Bitcoin wallet is similar to your bank account were you keep your money.. Bitcoin cannot be stored or kept in the bank, because it is a digital currency. Therefore, a bitcoin account has been made for keeping bitcoins only.. And you can get your own wallet from coinbase or blockchain. But I suggest you go for blockchain.
For you to be actively eleigible to receive payments or send Payments from your bitcoin wallet, you can only do that with your bitcoin address. A bitcoin address (1VnhfdDfhnZbjrsioNkhdgdguP) is a combination of special characters which is assigned to a user for that specific wallet he has or created. Now that you have succeeded In getting your wallet ready, lets head over to making bitcoin money..
You must understand this carefully that every potential user can do either of the following;
1.) Earn bitcoin freely
2.) Buy bitcoin
3.) Invest bitcoin
1.) Earning Bitcoin Freely:-
Most sites have been made available to give free bitcoin by allowing you perform a specific assignment and In turn you get paid to your wallet with the address you provided..
This are all the free sites I could find. See them below:
To start earning bitcoin for free, signup with the above sites I mentioned..
NOTE:- After completing each tasks you are asked to do, you don’t get paid immediately.. There is a minimum payout for each site mentioned above.. So when you get to the threshold, you are automatically paid to your wallet with the wallet address you provided..
2.) Buying Of Bitcoin:-
When it comes to buying of bitcoin, you can either buy it from someone who has and he or she is willing to sell, or you buy it from exchanger sites. A list of exchanger sites I know off are listed below:-
Those above listed sites are where you can buy bitcoin… I prefer you buy from the first naira4dollar.. They are the best and most trusted..
3.) Investing bitcoin:-
In investing bitcoin, your wallet must have been funded in order to send out payment to the company you will like or love to invest on. There are so many investment companies out there which you can put in your bitcoin, and at the end of the month or a week(depending on the company) you get paid or you withdraw your money plus the income attached to it.
I’m going to be looking at two companies.
A company called coinn and a company called zarfund.
Coinn Cryptocurrency Mining Ltd. is a cryptocurrency investment company established in 2016. The wide array of services they offer are specifically designed to assist Bitcoin holders in making good investment decisions.
Getting started with coinn, is just a minimum deposit of 0.001btc about 1$ or above. In investing In coinn, you make a deposit of 0.001btc or above and watch your money grow in 30days.
See screenshots of my coinn investment account below:-
If you deposit 0.001btc you get 0.002btc in 30days and so on and so forth.. Signup with coinn now get your money doubled In 30days.
I can’t really say much about them, because I’m new to the system on how they run their operations. But it requires a minimum of 20$ worth of bitcoin to start.. More details can be gotten from their site==> www.zarfund.com
Should you have any question or issues regarding Bitcoin, kindly use the comment box below