Ways to Earn Bitcoin Cash
Today there are many different ways to earn cryptocurrencies for freelance work and other types of online interaction. The newest addition to the recently launched Bitcoin.com video series is all about how to generate bitcoin cash income.
The “Top 10 Ways to Earn Bitcoin Cash” video details how anyone can start earning the digital currency, such as by creating content online, completing tasks and bounties, getting tipped, winning casino games, selling gift cards, and even donating old clothes. In addition, it discusses how to receive free BCH by downloading the Bitcoin.com Wallet. This video series debuted on May 1 with “8 Ways Bitcoin Cash Will Change the World.
Content Creation and Sharing
A popular way to earn bitcoin cash is by creating or sharing content online and being sociable. The video explains how to earn bitcoin cash on some platforms such as the Twitter-like Memo.cash and the censorship-resistant Honest.cash. While posting is free and can earn you bitcoin cash tips from other users, the latter platform offers additional ways to earn the cryptocurrency. For example, popular content and those who first discover it will earn more because it costs a small amount of BCH to upvote other people’s posts, with the payment going to early voters and the content creators.
The video also describes how you can get some bitcoin cash on mainstream social networks like Twitter and Reddit through Tipprbot, as bitcoin cash enthusiasts often tip for great content on these platforms.
Tasks and Bounties
There are also marketplaces that allow users to earn bitcoin cash for completing various tasks online. The video notes two of them: Lazyfox and Taskopus. Similar to popular mainstream task site Fiverr, Lazyfox offers tasks ranging from bug reporting to beta testing video games. Users can also download decentralized marketplace Taskopus and pay each other in bitcoin cash for carrying out desktop-based tasks. Taskopus is newer and has a steeper learning curve but is more private, which could lead to more interesting tasks.
For those with cyber-sleuthing skills, bounty hunting could be the most lucrative way to earn BCH online. There are several active bounties on Bitcoin.com, including one that currently offers up to 408.6356 BCH, worth $166,306 at press time. These tasks require more skills than most other options here, but the payout is also far larger.
Earn Crypto the Old Fashioned Way
One of the simplest ways to get paid in crypto is by asking your current employer to pay you in cryptocurrency, the video explains. There are also freelance work marketplaces such as Freelance for Coins that claim to pay in cryptocurrency. While jobs listed on these boards can be lucrative, they may require personal identification and matching your skills to the right job can be challenging.
You can also sell goods and services online in exchange for bitcoin cash. Both Bitpay and Coingate help merchants accept bitcoin cash on their websites. Alternatively, you can use third-party marketplaces such as the popular peer-to-peer marketplace Openbazaar which is available worldwide and has its own BCH wallet built in.
Lastly, trading bitcoin cash for fiat currencies directly with other people, both online or in person, could potentially be a lucrative way to earn the decentralized currency. Bitcoin.com is set to launch Local.Bitcoin.com, a peer-to-peer bitcoin cash exchange, on June 4. Users can start signing up now.
Other ways to earn bitcoin cash can be found in the video below.