Knowing how to get a Bitcoin wallet and earn Bitcoins online doesn’t require a lot of technical skills to get started. Additionally, not everyone who owns Bitcoin is required to purchase it on an exchange like eToro or Coinbase. Many plumbers, hairdressers, freelance writers and content creators, babysitters and real estate agents around the world earn bitcoins. Whether you’re a freelancer looking to diversify your investment portfolio for free or a Coinbase user ready for the next step in your crypto journey, earning Bitcoin is an easy way to get started that doesn’t require money.
This is why we are launching How to earn Bitcoina new email course bringing Forbes’ Expert advice and training on Bitcoin delivered straight to your inbox. We’ve put together a 5-part series on Bitcoin wallet basics for beginners, crypto tax accounting for freelancers, networking tips and ideas, and ways to get started with tools you may already own , like Cash App or social media accounts. Most of the portfolio tools we reference throughout this course are free to download and use, just as subscribing to this newsletter is free. And you will receive the first edition immediately in your inbox.
We know that Bitcoin can seem like a complex technical subject. It is not mandatory ! Bitcoin is just digital money. If you use Venmo or PayPal, you’re probably also ready to try Bitcoin. And it doesn’t have to be expensive either. The dollar price of bitcoin fluctuates, which can make it appear like a stock. But unlike stocks, you don’t need to pay to get started with Bitcoin.
If you are wary of risky investments, earning Bitcoin might be the best option for beginners like you. The best way to avoid fraud (and there are plenty of crypto frauds out there) is to use licensed companies like Cash App, and then eventually move to self-custody wallets, which we’ll explore in the series. By putting together How to earn Bitcoin, Forbes asked industry experts some of the following questions:
How can I earn Bitcoin online?
Earning Bitcoin can be as simple as downloading a few mobile apps and letting people know you accept Bitcoin for freelance services. Let people who already pay you directly for services know that in addition to Venmo or PayPal or whatever method you already use, you will also accept bitcoin as measured by the daily market price. You will also want to attract new customers or subscribers who are already accustomed to paying in Bitcoin. You can use social networks like Reddit, X, and Nostr to connect with other people interested in using Bitcoin.
Is Bitcoin a security?
There is no United States government agencies which classify bitcoin as a security (so far). Don’t confuse Bitcoin with tokens, even though they are both called types of cryptocurrency. Receiving bitcoins in exchange for goods and services is regulated as income, not security. This means that you will have to pay income tax on the bitcoin you receive, unlike the bitcoin you receive. buy on the stock market platform. We’ll look at how to prepare for tax season in the How to Earn Bitcoin newsletter series.
How can I get free Bitcoin?
The best way to get Bitcoin without spending money is to spend time earning it, either in the form of income or tips from social media followers. Then you don’t have to worry about whether the price of Bitcoin is increasing or whether Bitcoin is a good investment. Spending your time earning Bitcoin means you can wait until the market is ripe for profit before turning that extra income into dollars to spend, if you choose. This also means you can start accumulating bitcoin savings without spending your own money. If you are not rich and are not sensitive to market volatility and are confident in buying Bitcoin as an investment, the easiest way for beginners to get Bitcoin for free is to earn online.
To learn more about how to get free Bitcoin and how to keep your own digital assets, subscribe to How to earn Bitcoin NOW.