According to Cryptocoins News,
A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.
Put another way, cryptocurrency is electricity converted into lines of code with monetary value. In the simplest of forms, cryptocurrency is digital currency.
We will take the example between Bitcoin and US $. If we have US $, we have it in our hands, meaning we’re able to touch it and of course because it is money, we can use it to buy what we need. Unlike Bitcoin, we only see it with our eyes, we cannot touch it because it is imaginary, but it can be converted to money so we can still use it to buy what we need.
How I knew Bitcoin
Recently, I’ve been into cryptocurrency especially BTC or Bitcoin when my sister introduced it to me last month. She explained to me this and that. At first I feel like it’s just nothing but it took me too long to realize how important cryptocurrency is. She even show me how much 1 BTC to Peso is and I was surprised, just unbelievable in such that large amount of conversion, but how much more if USD? Bitcoins rate always change, either it will go up or low. Too unbelievable. I did know about Coins.PH (app where you can send and receive bills or money and it features bitcoin) but I didn’t know how to get started at first, because I wasn’t into it first so I didn’t get details, but now I’m so interested now how it works. The most wonderful thing you can do in Coins.Ph is almost anything! You can pay the bills online without going to their office, you can even buy load, you can cash in and cash out too! You just don’t have to get in line just to pay.
According to Currencio as of December 17, 2017:
- 1 BITCOIN (BTC) = PhP 978,697.136174
- 1 BITCOIN CASH (BCH) = PhP 92,405.492092
- 1 DASH = PhP 54,888.504323
- 1 ELECTRONEUM (ETH) = PhP 35,739.170882
- 1 LITECOIN (LTC) = PhP 15,708.534723
- 1 DOGECOIN = PhP 0.294829
Talk about bitcoins, I know some site on how to mine and not only that but everything. I’m not sure about other site but this is the most trusted site that I know of. Just CLICK the title so you can be directed to the site. Here are the following that I use:
CoinPot is a microwallet. And the cryptos are BitcoinCore, BitcoinCash, Dogecoin, Litecoin, and Dash. (BTC Cash and Dash are recently new but good thing! Soon they’ll add more cryptos let’s hope.) Since it is a microwallet, your cryptos will go there directly by claiming your faucet every 5 mins. (but I usually claim as many as I can.). The newest feature this 2019 is they added Token. Tokens are like rewards everytime you claim your cryptos and in every claim gives you 3 tokens. For example, you claimed from Moondoge, that is 3 token. You claimed from Moonlitecoin, another 3 token. You will get 6 tokens from 2 cryptos you claim.
A. Bitcoin Core
There are 3 ways on how to earn Satoshis, namely Moonbit, Bitfun and Bonus Bitcoin. In Moonbit, all you have to do is claim every 5 mins. Bitfun offers games if you like to play games and then you can also claim every 5 mins, same with Bonus Bitcoin. I usually claim as many times I want.
Just like Moonbit, all you have to do is claim every 5 mins.
You also just have to click “Claim Now”.
You also have to click Claim Now.
Not only you can claim from your faucet but you can also mine in all cryptos from Coinpot. You can now mine tokens too.
2. Free Bitcoin
You only have to claim every hour, but not only that! You can also play Hi and Lo games, it’s like a gambling. If you feel like losing in a gamble, I discourage you to stop playing. Link here.
You earn a dollar here if a visitor has clicked your link. Disadvantage is that when it clicked your link but did not sign up, so no reward. This is kind of hard to earn money. You may think all you have to do is to promote your link but the user who clicked your link haven’t sign up or clicked anywhere, where in to a point he/she have close the tab. But you can also claim from BTC faucet if you’re above 3,000 satoshis claim.
Electroneum is like Coins.Ph (in BTC). You have at least any amount of ETN in your wallet and then just don’t disturb it in days or weeks or even years and it will increase your ETN.
Captchas may annoyed you whenever you log in some account and then it just shows up asking you to answer what’s in the picture. Annoying right? But did you know that you can earn a dollar by solving captchas? But if you’re still annoyed by solving captchas, you might have to skip this part too.
Coinheaps has many features like claiming satoshis every hour, captcha mining, and playing games. If you like games, this is the best site I recommend for you. What’s also good here is upon sign up with a refferal, you’ll receive 1000 satoshis.
This one is for those who like to mine and also play games.
They have features like claiming satoshis every 10 minutes, playing Hi-Lo games, and you can even earn passively.
10. CBN Networks
This is my favorite app and site. You claim every hour from the website, and every 15 mins. from the app. In android apps, you need to install The Bitcoin Wheel and Claim Free Bitcoin. All you need to do is claim, but what I love about this game is the amount you claim is higher, but limited to like 5 times of the claim.
11. Game: Golden Farm
If you love Farm Games, I recommend you try Golden Farm. You buy birds, then sell it’s eggs and lastly, you convert it to silver coins. They have bitcoin too.
Lootbits are surprise rewards, and very fun to play! The rewards are XP (for levels), Gems (for rewards), Satoshis and Badges. Sometimes in Satoshis, they give you around 9,000+ and sometimes 3,000+, but hey at least it’s still a high amount. Because they pay high, the minimum amount to be withdrawn is also high (0.04 BTC).
This one is super legit. I’ve been paid about 5x until now. You only have to claim every hour. What I also like about this is you can still spin however you like and select the highest BCH. They also have limited free bonuses. They pay out every Tuesday and minimum withdrawal is 10,000 BCH. They are only for Android users and you need to install the app.