Assets, Bitcoin

How Do I Earn Bitcoin for Free?

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin is unique in that there are a finite number of them: 21 million.

NOTE: WARNING: Be wary of claims that offer free Bitcoin. Earning free Bitcoin typically involves risking your own money or completing time-consuming tasks. It is also important to remember that scams exist in the cryptocurrency world, so it is important to be careful when exploring ways to earn Bitcoin for free.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

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