There are many ways to earn Your first bitcoin for free. However, most of the proposed methods on the Internet generally require a bit of time and knowledge about the bitcoin.
We will present in few easy steps the fastest and the best way to earn bitcoins for free
If You want to create your wallet very fast and easy there is very simple method. First of all You can set up Your wallet on www.blockchain.com.
But this method is good only for small amount of bitcoins. For bigger amount of bitcoins we prefer much safer wallet them blockchain. In our opinion this kind of wallet should by used, just for testing.
Every bitcoin owner should know, that security of your bitcoins is very important. If you don’t want your bitcoin accounts hacked and bitcoins stolen, You should choose a wallet that is easy and safe to use.
There are a many types of bitcoin wallets and they have varying security methods to guarantee the safety of private addresses in your wallet.
While searching for answers to the question: which is the most optimal wallet, we made a detailed comparison of many of them. Why did we choose exactly Electrum? Because this bitcoin wallet is: safe, free, easy to use and quick to use. The information presented here applies to this version of Electrum (2.9).
Step-by-step guide on how to setup the electrum wallet on a Windows computer.
you can download wallet here.
Step 1.1 – Locate and download Electrum
Step 1.2 – Instaling the Electrum wallet
- Now go ahead and open the downloaded .exe file and click yes.
- Next you go and select where you want the program to be installed.
- Once you have clicked on the install, and the installation is complete, please click the Close button.
Step 1.3 – Getting started with Electrum
- Here you can choose if you want to create a new wallet or restore an old one.
- If it is the first time you use the software, please select: “Create a new wallet” and “Standard wallet” and click next.
- Here you see your recovery phrase. Please write this down right away.
Step 1.4 – Keeping your recovery phrase safe
- A wallet recovery phrase, is an easy way to backup of your electrum wallet.
- Please write down your seed on a piece of paper, and hide it in a safe place.
- Don’t take a screenshot of this and Don’t write it down electronically on the PC running the electrum software.
Step 1.5 – Security and Connection
- Here you will be asked to set a password for your wallet.
- Here applies the general rules, that you should choose a strong password and Click Next
- Next you will see a server connection question.
- Here we recommend that you choose “Auto connect”.
- You have now completed the setup phase and your wallet is ready to use.
If you are already a happy owner of the wallet for bitcoin, you may go to the next step of our guide, about choosing a websites for the collection free bitcoins.
So, How to find best way earn bitcoins free?
There are just one best way to get bitcoin for free:
Top Bitcoin Free Money Websites – They are called faucets
A top bitcoin faucets that offer multiple ways to earn free coins. But is this best way earn bitcoins free? You can earn between 10 to 100000 BTC satoshi by watching videos, completing tasks or signing up for special offers and claiming free BTC.
Bitcoinblog24 has prepared for you the best faucets that ware found in google
You can find them HERE
If You don’t want to to spend a significant amount of money on buying bitcoins, these faucets is one of best way earn bitcoins free.
As a result You are ready to earn more BTC from faucets, because in the next step we will show You how to do this. You can also visit other places where You can earn free bitcoin or litecoin. If You want to get more free BTC satoshi , please read the next step of our guide.
Ok now Is time to earn much more bitcoins for free.
First You have to know, wahat is microwallet?
Microwallet is a place where payments are stored before being sent to you. It means before being sent to your own desktop BTC wallet like Electrum which you have installed on your computer.
When a transaction takes place on the Bitcoin network it is sent to the blockchain where it is confirmed (this takes some time) and a transaction fee is charged. With Faucethub Microwallet the owners and operators of BTC faucets send cryptocoins to an address and they are stored to later be divided up “off the chain” immediately.
This allows for faucets to send a message to the Faucethub microwallet site saying that you have received some Bitcoin and they move it internally from the faucet address to your Faucethub account BTC address (for example Your own adress from Your electrum wallet which you have installed on your PC).
Once you’ve reached a threshold the coins are avaliable to you as an end user to be withdrawn which is when the transaction goes back on the blockchain.
Before using any FaucetHub faucets all you have to make signup on there site : Click to Signup On FaucetHub
FaucetHub BTC Faucets
It will be similar to the previous method with faucethub microwallet.
You may prefer to claim a smaller amount every 5 minutes, or visit once per day and claim the large amount that has built up while you were away!
We hope this helps those who didn’t want to invest on mining websites to earn bitcoins or litecoins.
CoinPot is a cryptocurrency microwallet where you can keep your bitcoins coming from their free faucet sites. It’s just like Faucethub. The only difference is CoinPot only have 3 Cryptocurrency as of now, Bitcoins, Dogecoins and Litecoins. Here are some of their faucet sites where you can claim free Bitcoins, Dogecoin and Litecoin.
If you looking for the best way earn bitcoins free, coinpot faucets are one of them for sure.
After logging in to BitFun Faucet, You can visit your CoinPot account from this BitFun account.
In the next step you will learn how to change your bitcoins into dollars or other currency which you are interested. This part of the guide will give you all the knowledge you need to pay out your digital currency.
When deciding how to sell your bitcoin, you first need to consider which method best suits your needs: selling bitcoin online or selling bitcoin in person. In the next step we will show You each option has its own advantages and disadvantages.
If You want to choose Bitok.com watch the video below and follow the instructions
In Our opinion Bitok.com is a fast, smart, simple and safe platform for trading digital cryptocurrencies and mining contracts. The company is officially registered in London, UK, and is aiming to be the most reliable and risk-free place for buying and selling Bitcoin.
In conclusion on Coinbase, you will usually have to register as a seller. This involves verifying your identity, which we will discuss again later.
Once you have registered, you can post an offer, signalling that you want to sell, and the website will alert you when a buyer wants to trade with you. From there, your interaction is solely with the buyer, but you use the website to complete your trade.
If You want to choose Coinbase.com watch the video below and follow the instructions
So bitcoin users with bank accounts in the United States should consider using Coinbase, which have many fans with their simplicity. Now You will be ready to use best way earn bitcoins free.
To make becoming a seller easier, it is worth at least considering completing the identity verification process when you first join the site. Getting this step out of the way can remove barriers to selling if and when you’re ready to make the move.
Let see How to setup an account at Coinbase and be able to buy bitcoin instantly using your Credit or Debit card.
In addition, you’ll have to pay a fee to use some exchanges. BTC-e charges a flat 0.2%. For overviews of what fees are charged by the various cyrptocurrency markets and what volumes are being traded.
Alternatively, you could use a pure cryptocurrency exchange to change bitcoin for another cryptocurrency.
6. Visit a page with the best faucet list in 2017
Bitcoin faucets are best way earn bitcoins free and they are always a good source of free bitcoin.
So we prepae some of the best paying faucets from many and listed in this page.
What are Bitcoin Faucets?
Bitcoin Faucets or faucet bitcoin are websites, on which you are able to get free bitcoins (or any other cryptocoins). In general after you receive your bitcoins, for visiting the bitcoin faucets, you will need to wait some amount of time – often about 60 minutes – before being able to get more free bitcoins…
We want to present best way earn bitcoins free: