No matter how the Indian government oversees cryptocurrency, there are many crypto enthusiasts in India, who leave no stones unturned not only to earn more and more money from cryptocurrencies but also to earn passive income opportunities by accumulating Bitcoin itself.

Many crypto investors and traders are into earning Bitcoin in order to make quick money. Here’s a well-explained read dedicated to the various methods and ways which helps you to earn Bitcoin in India. 

What Is Bitcoin and How Does Bitcoin Work?

Before moving further, let’s understand the concept of Bitcoin and how it works.

Bitcoin is a form of virtual currency which uses the blockchain technology to handle transactions which take place between the users on a decentralized network. The transactions are placed on the open-sourced Bitcoin blockchain and are recorded in a form of public ledger. Every transaction is stored in a unique block which gets attached to the main blockchain to form the series of transactions. In turn, the blockchain technology makes the transaction secure, transparent and secured, without involving any kind of intermediaries such as government or banks.

Different Ways To Earn Bitcoin

Mining Bitcoin

Mining is one of the most sorted ways to earn Bitcoin by solving a cryptographic puzzle which helps to add a new block to the Bitcoin’s blockchain network. The miner is supposed to mine by choosing Bitcoin mining software and ratify the transaction in…