How to get bitcoin? All methods: exchangers, exchanges, mining

If you look at the bitcoin chart for 2020, you can see that interest is not waning, it is observedsteady growth. There are many reasons for this, so it’s worth considering ways to get BTC that will allow you to earn on the most famous cryptocurrency in the world.

The most affordable methods are as follows:

• Cloud mining of Bitcoin.
• Bitcoin exchangers.
• Bitcoin exchanges.
• Bitcoin ATMs.
• Cranes.

With proper immersion in the topic, you can earn moneyusing any of these methods, however, it is worth considering that faucets are no longer relevant and the income from them is scanty. Although Bitcoin regularly experiences ups and downs, it will never lose popularity as an alternative to fiat money and will allow its holders to significantly increase their capital in the future.

Cloud mining of Bitcoin

</p>

If regular mining requires installationexpensive ASICs, which consume a lot of electricity, are sold mainly by pre-order, and require certain financial investments, then cloud mining works on a different principle.

When mining cryptocurrencies using the cloudthe user pays the external company for the rental of their ASIC’s, a special equipped room and for the maintenance for the use of computing power. The more computing power is acquired, the greater will be the number of Satoshi and Bitcoins per unit of time.

Advantages of cloud mining:

• there is no significant cost of electricity, since data centers are located in regions with a low cost of electricity;
• the possibility of automatic extraction of several cryptocurrencies at once;
• no need to worry about the technical condition of ASICs, services take care of all issues related to maintenance;
• the possibility of increasing production in proportion to invested funds;
• equipment rental requires minimal investment;
• Mining in the cloud does not require knowledge of cryptocurrency mining.

Cloud mining services offer beginnersrelatively cheap contracts (leases of computing power), so you can start with minimal investment. Subsequently, cloud mining of coins is transformed into a reliable source of passive income.

For 2020, the most reliable and authoritativeCloud mining service is IQMining. The IQMining service uses the SHA-256 PRO algorithm, which automatically conducts mining of bitcoin and 100+ altcoins simultaneously, with the subsequent automatic sale of mined crypto coins on several exchanges and converting them to bitcoin, which allows you to earn up to 130% per annum.

A full review and rating of the best cloud mining companies can be found here.

Bitcoin Exchangers

</p>

This method of obtaining cryptocurrency isthe simplest and most affordable, but requires compliance with a certain financial discipline, an understanding of the processes that affect the course. So, bitcoin is a highly volatile coin that experiences ups and downs of the course on some days by thousands of dollars. In fact, this way of earning money can be considered an investment, because Bitcoin owner holds it for a certain time in his wallet.

Buying cheap at an exchanger and selling there at the peakyou can earn a decent amount of money. It is better to engage in such an exchange if you have at least several thousand Satoshi, including those earned by mining. For such operations, it is better to use proven exchangers with confirmed reviews and working technical support.

The most reliable exchangers for buying and selling bitcoins for 2020 are as follows:

• 60cek,
• WW-pay
• 365cash.

If you don't want to spend a lot of time studyingservices, you can simply choose the most profitable and reliable of the indicated exchangers &#8212; 60sec. There, as a rule, there are large limits (the presence of cryptocurrency in the exchanger’s account) and the exchange rate is the most favorable due to the high turnover.

Bitcoin exchanges

</p>

Unlike earning on exchangers, trading onthe stock exchange often has an intraday or intraweek nature. Often, scalpel transactions are made when the profit from one transaction is small, but on the day of such transactions there may be several dozen.

Depending on caution and level of knowledgeYou can trade Bitcoin from the Chicago Mercantile Exchange, where futures for this cryptocurrency (Bitcoin CFD) have been added to the listing for several years, to specialized exchanges such as Binance, Huobi, EXMO and the like.

Cryptocurrency exchanges are decentralized andcentralized. The second ones are better suited for beginners, there are more currency pairs, including in correlation with fiat, security. Specialized people have a limited list, they are based on smart contracts and are suitable for people who have made this type of earnings the main one and who have gained a lot of it. Forex companies also have the opportunity to earn on the cryptocurrency rate.

TOP-5 cryptocurrency exchanges in terms of trading volume for 2020 (the most reliable sites):

#	Cryptocurrency exchange	Official site
1	Binance	https://binance.com
2	Huobi	https://huobi.com
3	Exmo	https://exmo.com
4	OKEx	https://www.okex.com
5	Yobit	https://yobit.net

Anti-Money Launderingby, led to the fact that many exchanges (but not all yet!) require verification, provide passport data and additional documents, so if you have not reached the age of 18, then you should still acquire the skill of trading on a demo account.

This type of income implies a certainpreparation, knowledge of the basics of technical and/or candlestick analysis, wave theory, having certain knowledge about the impact of news and the world situation on the Bitcoin rate. The high volatility of Bitcoin allows you to earn several hundred dollars almost every day, but you need to follow risk management and set a minimum threshold for entering a transaction.

On specialized cryptocurrency exchanges forBitcoins can be bought and sold tokens of various startups, ICOs, other heavyweight cryptocurrencies such as Ethereum, Ripple, Monero. If there is solid capital, then you can do arbitrage on exchanges, play on the difference in exchange rate.

Cryptocurrency ATMs

</p>

This type of income is in many ways similar to receivingprofit from exchanges on the Internet, but in this case, for Bitcoin you can get fiat money on a card or in cash. You can also buy this cryptocurrency there by transferring it to your crypto wallet or secure flash drive.

Such operations are far from possible everywhere; this is the prerogative of large cities. Unfortunately in Russia and the CIS countries there are practically no bitcoin ATMs.

Bitcoin faucets

</p>

Bitcoin faucets or Satoshi giveaways forprimitive actions such as captcha capturing, watching videos, so popular in the past, this year are no longer relevant. Bitcoin is quite expensive, so it will take a very long time to collect the minimum significant amount. Usually you can earn up to $ 1 a day, which for many is simply not interesting.

Cranes are also the most popular type of fraud; Satoshi earned are often not paid.

Other ways of earning money listed above provide a greater guarantee of earning the coveted cryptocurrency, exchanging it for fiat money, other cryptocurrencies or ICO tokens.

Any operation with Bitcoin requires a thorough study of the issue and complete clarity, regardless of whether you choose a cloud mining company, an exchange or exchange.

</p>

Rate this publication