Everybody can afford a bit of a Bitcoin
A Bitcoin is divisible by 100 million bits. These bits are known as Satoshis. Currently
One Satoshi (0.00000001 bitcoin ) is worth a 1/20th of a penny.
There are multiple ways to acquire Bitcoin.
All 3 require different technical attributes, don’t be put off. There is a level for everyone to join the biggest monetary evolution of all time.
Below we go into more detail about the different ways you can acquire Bitcoin.
1. EARN BITCOIN
A Risk Free Option. (Non Technical Users*)
coincorner allows you to purchase everyday items from the internet and give you cashback in Satoshis.
You can expect from 0.4% up to a massive 8% back in bitcoin using a company like Coincorner
(I like this option as any purchase I make will be free if the price of Bitcoin goes up 10x ) They also have a chrome extension that sits in your browser.
Get Bitcoin For Walking Yes Please.
Check out the $miles app it will reward you in sats just for walking. Link it to your phone step tracker. Make yourself healthy and wealthy. They also have a roulette wheel you can spin once per 12 hours for the chance to win 420 sats.
Earn Interest in Bitcoin
you can earn a % extra on your bitcoin by providing liquidity to an exchange. I use Coinloan, They are based in Estonia and have an impressive history when it comes to security, simple user face plus minimal withdrawal fees means it’s the one for me.
The current interest rate (which is paid in bitcoin) is a max 7.2% APY
Contribute to the Bitcoin Essex Telegram Channel Earn Sats
They’re a nice bunch in that channel – they hand over bitcoin like it isn’t the most pristine and scarce asset of all time. In 5 years they’re going to regret giving all those satoshis away.
Get Cashback Visa Debit Card
By using this referral link you and I both get $25 in Crypto tokens which you can easily swap for Bitcoin in the App.
Crypto.com send you a visa debit card which you can top up from your antiquated old fiat bank account and every day purchases from petrol to shopping you can get 1% (up to 8% depending on the level of card) cashback in CRO token.
from a physical location (Lightning Vendor)
Exchange £ Cash for Sats using the Lightning Network.
from an online exchange using a Credit / Debit Card (Non- Technical Users)
via CoinCorner – All purchases are subject to KYC with credit card or debit card. Buy Bitcoin, Sell Bitcoin.
This is real Bitcoin that you will be able to secure by downloading to your own personal wallet.
to the Bitcoin Price. (Non-Technical Users)
REVOLUT So you have heard about Bitcoin and its unique number go up technology but do not want the responsibility of holding your own keys. This is not real bitcoin but is the easiest way for someone to hold a derivative of bitcoin. (UPDATE) Revolut now allow you to move your Bitcoin off of their exchange. Limited to £500 per send. And only allowed to send to a maximum of 3 different Bitcoin Addresses. It’s a start.
This is like your bank. This option requires full KYC/AML regulation and exposes yourself to CGT (capital gains tax) were you to sell it.
Download the app and earn Satoshis While educating yourself about Bitcoin.
Exchange your electricity for Bitcoin.
Start mining cryptocurrency right now, for free.
Honeyminer makes mining and earning money simple for anyone with a computer.
We are currently looking at ways to harvest crypto tokens as part of the new era in decentralised things.
Electricity cost is the biggest barrier to entry into mining Bitcoin in the UK. Therefore we have to find other ways to mine crypto and easily convert them to bitcoin.
click here to read full post about it
Bitcoin Loans – Never Sell your Crypto remove the threat of capital gains tax and live handsomely off your bitcoin.