BitCoin-Full Information-How To Get Bitcoins for free

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What is Bitcoin?Full Info

Bitcoin is a cryptocurrency that was Launched in 2009.A unknown chinese man launched this currency by using alias Satoshi Nakamoto.On 18 August 2008, the domain named as bitcoin.org Many peoples become rich by investing and trading in it.The price of bitcoin skyrocketed into 100x in last months of 2017.Bitcoins can be used to book hotels,shop furniture on an online site or can also buy tech related items. was registered.The transactions in bitcoins are highly secured and no third person is included in transaction.The biggest advantage is that bitcoin is increasing day by day and it is becoming popular and more popular now a days.

The peoples can invest,trade and also can earn money by staking it.Many peoples become rich by investing and trading in it.I have my own 2BTC Coins in my wallet,which i used for trading.I pay $900 for 2BTC coin and now their price is $35,000 The price of bitcoin skyrocketed into 100x in last months of 2017 which gives a high profits to its users.Bitcoins can be used to book hotels,shop furniture on an online site or can also buy tech related items.

ADVANTAGES OF BTC:

  • Transactions are 100% secured by end to    end encryption.
  • No 3rd person is involved in transaction.
  • The transactions are Secured.
  • Easily pay to other sites.
  • User Anonymity.
  • There are no taxes on BTC Coins,But there is some fee,s on receiving and        sending BTC Coins.
  • Mobile Payments service available.
  • Easy to buy Bitcoins.

DIS ADVANTAGES OF BTC:

  • Bitcoin are not accepted world wide.
  • Bitcoins wallets and Infromations can be lost or stolen by hackers.
  • Bitcoin Valuation Fluctuates.
  • No Buyer Protection is available.
  • High Risk of Money Loss.
  •  There is no Physical Form of BTC.

Bitcoins accepted Platforms:

These are some of the famous and well known brand which sell their products and services and charges in bitcoins.

  1. Overstock.com
  2. Microsoft.com
  3. Intuit.com
  4. DISH Network
  5. Expedia-Traveling site
  6. eGifter.com

HOW TO BUY BITCOINS:

It is very easy to buy bitcoin.First you have to create a wallet on blockchain.info.Or anyother wallet site by creating account there and filling out an online form with basic details of you.This will not take more then 2 minutes.I recommend youtu ]

Once you have a Bitcoin wallet, you use a traditional payment method such as credit card, bank transfer (ACH), or debit card to buy Bitcoins on a Bitcoin exchange (example: Coinbase). The Bitcoins  will be then transferred to your wallet.Remember that “Bitcoin exchange” and “Bitcoin wallet” need not be the same,they wil be different.There are many well-known exchanges that act as a one-stop solution by offering a high security standards.

Best Exchanges To Buy Bitcoins Online:

HOW TO EARN FREE BITCOINS:

  • MINING:Bitcoin mining is a process in which Bitcoins are released to come into a circulation. It involves solving a computationally difficult puzzle to discover a new block which is added to the blockchain wallet and receiving a free reward in the form of few Bitcoins.

The reward was higher in 2009 but now it is very low as bitcoin price is rising daily.Bitcoins are generated very  difficulty in the mining process. For this reason miners now use faster hardwares more advanced processing units like Graphic Processing Units (GPUs) and Grapics cards etc.

  • Receiving As Payment:

Another way to earn bitcoins is too work for some online companies so they pay you in the BTC coins.If you have some your online stores you cans ell their and can get the amount in bitcoins.

  • Interest Payment

Another way to earn  bitcoins is to lend them.First you have to make a deposit direct

lending to someone known or through a website which facilitate peer to peer lending where borrowers and lending meet, or lending Bitcoins to some websites that act as banks where you can  earn a certain interest rate for Bitcoin deposits.It is th ebets method and requires less work.

  • Gambling

You can also earn bitcoins by gambling.There are many casinos which offer different options like online lotteries, jackpots,casino gamesetc to players. BUT It is advisable to stay away from gambling as it is a highly risky way to acquire Bitcoins.

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Thanks For reading.If you like our posts then tell us in comments.Read more about bitcoin at wikpedia.

About Ahmed Raza

Hi,My name is Ahmed-Raza.I am Editor at this site.I share tech news on this website.If you want some of your article published on our site.Contact at ahmed@empiretechs.net

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