How to earn Bitcoin online

If you want to earn Bitcoin online, this is a post that will help you with it. Bitcoin is the world's first peer-to-peer cryptocurrency that is not controlled by a central issuing agency, but is an open source protocol that is followed by everyone involved in the economy. No one can manipulate the delivery of bitcoins, and all transactions that take place in this economy are cryptographically verified through a process called bitcoin mining. Your bitcoins are as secure as public key cryptography.

Once you understand and appreciate the concept of Bitcoin, the next logical question is how to earn Bitcoin. Here are a few ideas –

Make money online and convert it to Bitcoin

Believe it or not, making dollars is still a lot easier! You can then exchange those dollars you earn on any exchange, such as Bitstamp or Coinbase, for Bitcoin if you are in the United States.

Earn Bitcoin directly in the Bitcoin economy

There is a small but very vibrant community where you can do most of the tasks, but on a much smaller scale. For example, you can take a part-time job at Bitcoin on Coinality or have a small appearance at Coingig. These are real counterparts from websites like Elance and Fiverr, but in the Bitcoin ecosystem.

advertising

Not surprisingly, the advertising industry in the Bitcoin economy is pretty robust. This is because there are tons of new Bitcoin-based services that are constantly on the market and all need a good ad network.

With CoinURL, you can place Google AdSense-style ads on your website, and with other services like Bitads, advertisers can bid for banner space on your blog. There are also A-Ads that allow you to make money from ad impressions without referring to clicks (so it's not PPC). If you are a publisher blogger or webmaster, you can earn some bitcoins on this route.

Become social

There are websites that you pay for your activity. CoinChat is perhaps the most famous site in this category. It pays users a few milli-bitcoins for chatting on their site. These are random and are controlled by an algorithm that takes into account your activity and your contribution to the upcoming discussions.

Another way how many Bitcoin enthusiasts earn Bitcoin is to sell their forum signatures on Bitcointalk forums. There are a good number of advertisers willing to do so, and for the socially active member who appreciates the interaction through this forum (the same forum that Satoshi Nakamoto introduced Bitcoin to the world), selling signatures can be lucrative.

What other ways are there to earn Bitcoin online?

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