How Can I Get Bitcoins Fast? – Tips and Hacks

| Updated on February 14, 2024
bitcoin

Investors are finding it difficult to buy large amounts of cryptocurrencies, especially bitcoin because of the increasing price.

The best thing about Bitcoins is that anyone, including beginners, can start earning them because there are multiple ways to do so.

Sometimes you will not have to do anything to earn them, you just have to invest and wait for the returns. 

In this article, we will embark on the journey to know the top 7 ways to get bitcoins fast and easily in 2024. 

7 Ways To Get Bitcoins Fast? 

There are several genuine ways through which you can get bitcoins quickly. This article includes different online websites and platforms to help you get it. Here are the 7 most relevant and convenient ways of getting bitcoins. 

How Can I Get Bitcoins Fast? – Mining

Crypto mining is a very simple method of earning Bitcoins. With cryptocurrency, mining is what powers the whole blockchain. After the mining process, a successful miner always gets block rewards. 

These rewards give them free coins for all the efforts they have made. The best way to earn  Bitcoin quickly is through mining. It is not hard for you to do so if you have the right hardware. 

You will increase the amount of Bitcoin you get the more you mine. Bitcoin miners get rewarded every time they complete a block of verified transactions. Mining is a complex process to do, you need good hardware to do this.

Through a Crypto Interest Account

Interest accounts are an effective option for earning bitcoins. There are many options to create crypto interest accounts, including platforms like NakitCoins website. A crypto interest account works almost in the same way as a bank account. They are the latest and most exciting model in the crypto industry.

Earning these coins through an interest account is very easy. You just have to store your Bitcoin and wait, and it won’t take long before you earn interest on your Bitcoin. 

estimated electricity consumed in bitcoin mining during respective months

Interesting Facts
The above graph shows the estimated electricity consumed in bitcoin mining during respective months. The highest electricity consumption year was 2022 with the consumption of 204.5 terawatt-hours electricity. 

How Can I Get Bitcoins Fast? – Through Loans

Loans may not be the best way to earn money, for everybody. However, this statement is not the same with cryptocurrencies. 

Loans can get you a good number of cryptos if you want. When you take out a loan, you will be required to provide collateral like Bitcoins. 

In return, the company will give you stablecoins, which you can use in any way you wish. The best thing to do is to invest them so that you can earn more Bitcoins. 

Debit Card Rewards

Another good way of getting bitcoins is through debit cards. It is one of the easiest ways anyone can use to earn these crypto coins. 

The only thing you need to do is to have a specialized crypto card. Whenever you make any transaction with the card, you earn rewards in the form of Bitcoin. How can I earn Bitcoins fast? Debit card rewards are a free method.

There are various debit card choices available which can help you get bitcoins. Each card has its pros and cons. 

Some charge more fees and some give cashback and rewards. On the other hand, some debit cards charge lower fees and provide fewer perks. 

DO YOU KNOW?
In a happening value overflow incident, a bug was created. This bug led to the creation of a large amount of bitcoins accidentally in 2010.

Shop Online and Get Rewarded

Shopping  products and services from online platforms  is a good and simple way to earn bitcoins. If you buy from different stores online, you will surely be rewarded for your spending. 

If you are lucky, you will find some generous stores and earn yourself more Bitcoin. You can then convert these coins into cash if you want.

There are plenty of Bitcoin reward programs that provide bitcoins as a reward for using their services.

Bitcoin Faucets

If you are looking to fill your crypto wallet without reducing the bank balance, then consider this option. Bitcoin faucets are the source that provides a small chunk of crypto to people after completing a few online tasks. 

Faucet platforms earn their revenue from ads and sponsorships and provide a bit of cryptocurrency to people after completing tasks like captcha solving. 

The first Bitcoin faucet was created in 2010. Gavin Andresen, a software developer, created a faucet so that the new visitors visiting his site can fill in a captcha and get free coins. 

The only motive Andersen had in starting faucets was to increase Bitcoin adoption.  Gradually, the value of bitcoins started increasing, so it became tough to fund faucets. Because of this, he shut down his faucet website in 2012. 

Bitcoin ATM

Bitcoin ATMs are like a physical measure through which you can get Bitcoin in exchange for cash. The first Bitcoin ATM was opened in 2013 in a coffee shop in Vancouver, Canada.

Bitcoin ATMs provide cash dispensers and scanner facilities. The average fee of these ATMs is around 15%. The operating process of every ATM is different. You can learn to use them through manuals. 

According to the statistics of Coin ATM Radar, there are 1,026 Bitcoin ATMs around the European Union.  This number is 24,700 in America as of September 2021.   

As per the guidelines of financial institutions like AML/KYC, bitcoin ATM operators must have to set the limit of deposits and withdrawals. 

Conclusion

Earning bitcoins rapidly from a genuine source might seem unachievable to some people.

But with the above tips in mind, you will surely earn much with less effort and time. 

In this article, we discussed the 7 best ways to get Bitcoin quickly and genuinely. You can choose the best option according to your passion and resources. 

If you found this article helpful, share it with your crypto-enthusiast friends. Go ahead and try any of the above. 





Jeremy L. Price

Education

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