What is Free Bitcoin?
Free Bitcoin is a virtual currency. Just like other currencies are Rupee, Dollar, etc. Just like Bitcoin is also a digital currency. This is completely different from other currencies because we can neither see Bitcoin nor touch it like money.
We can store Bitcoin only in the online wallet. Bitcoin was invented by Satoshi Nakamoto in 2009 and has been growing in popularity ever since.
Bitcoin is a decentralized currency, which means that there is no bank or authority, or government to control it, that is, it does not own any. Anyone can use Bitcoin just like we all use the internet and it does not have any owner, in the same way, Bitcoin is also.
Why is Bitcoin used?
We can use bitcoin to make online payments or to do any kind of transaction. Bitcoin works on peer to peer network-based which means that people can easily transact with each other directly without any bank, credit card, or company. Bitcoin is considered to be the fastest and efficient to use in transactions.
Nowadays, many people are adopting Bitcoin like online developers, entrepreneurs, non-profit organizations, etc. And because of this, bitcoin is being used for global payment all over the world.
Just like we do online transactions using the remaining currencies, we have to follow the payment process of the banks, only then we are able to make the payment and the account of every transaction made in us remains in our bank account so that it can be ascertained.
Where and how much money has been spent, but there is no owner of Bitcoin, so transactions with it are recorded in a public ledger (account) which is called bitcoin “blockchain”.
There all the transactions done with bitcoin remain in the details store and the same blockchain is the proof of whether the transaction has taken place or not.
What is the value of bitcoin?
The value of bitcoin today is around $59845.00 meaning that the value of a bitcoin is 43,50,088.17. Its value keeps decreasing or increasing as there is no authority to control it, hence its value varies according to its demand.
What is Free Bitcoin Wallet?
We can only store bitcoin electronically and it requires a bitcoin wallet to keep it. There are many types of Bitcoin wallets such as desktop wallet, mobile wallet, online / web-based wallet, hardware wallet We have to create an account in it using one of these wallets.
This wallet gives us a unique id in the form of an address, as if you have earned bitcoin from somewhere and you have to store it in your account, then you will need that address there and with the help of that you can make bitcoin in your Can be stored in the wallet.
Apart from this, if you want to buy or sell bitcoin, then you need a bitcoin wallet and after that, you can get all the money you get in exchange for the bitcoin you sell, through your transfer bitcoin wallet in your bank account as well.
How can Free Bitcoin be earned in 2021?
We can earn bitcoin in three ways in 2021-
1-: The first way is that if you have money, you can buy a bitcoin directly by paying $ 999. It is also not that if you have to buy a bitcoin, then you have to give the whole $ 999, if you want, you can also buy the smallest unit of bitcoin “satoshi”.
Just like we have 100 paise for 1 rupee in India, in the same way, there are 10 crores satoshi in 1 bitcoin, so if you want to buy the smallest amount of bitcoin satoshi, you can slowly deposit 1 or more bitcoin.
When bitcoin will be present with you and its price will increase then you can earn more money by selling it.
2-: The second way is if you are selling something to someone online and if bitcoin is present with that buyer, then you take bitcoin in exchange for money, in that case you will sell them that stuff and you get bitcoin That will be stored in your bitcoin wallet. If you want later, you can also get profit by selling that bitcoin to another person for a higher price.
3-: The third way is bitcoin mining. For this, we will need a computer with high speed processor, whose hardware should also be good. We use bitcoin only for making online payment and when someone pays with bitcoin, that transaction is verified.
Those who verify them are called miners and those miners have high-performance computers and GPU and through them, they verify the transactions. They verify whether the transactions are true or not, and there is no fraud in that.
In exchange for this verification, they get some bitcoins as a reward, and in this way, new bitcoins come into the market. Anyone can do this, for this a computer with a high-speed processor is needed, which is not in everyone’s budget to buy.
Just like every country has a limit to print currency in a year that you can print only so many notes in a year, in the same way with bitcoin there are some limitations that more than 21 million bitcoin cannot come in the market.
That is, the bitcoin limit is just 21 million bitcoin more than that will never be found. As of now, about 13 million bitcoins have arrived in the market and the new bitcoins which are there will now come through mining.
What are the benefits of using Free Bitcoin in 2021?
- Here your transaction fee is very less compared to paying with credit card and debit card.
- You can send Bitcoin anywhere and anytime in the world without any hassle.
- Here the account of bitcoin is not blocked as if sometimes for some reason the bank blocks our credit or debit card, then that problem does not happen here.
- If you want to invest in bitcoin for long term, then you can get a lot of benefit from it because it has been seen in the record that the price of bitcoin is going to increase, then later on you may get a lot of benefit from it. meet.
- In the transaction process of Bitcoin, if there is no government or authority that does not keep an eye on you, then there are many people who use it for doing wrong things, so it is beneficial for them.
How to buy and sell free bitcoin in India?
Buying and selling bitcoins is not a happy thing, if you have ever made online payment, with the help of any website or mobile app, then you can easily buy and sell bitcoin to buy bitcoins in India.
You have to use any website or mobile app and there are two very popular bitcoin companies in India, from which you can buy and sell bitcoins, which are called Jeb pay (Zebpay.com) and Unocoin (unocoin) .com both of these websites You can buy and sell bitcoins, so follow the steps given below to buy bitcoins from both these websites.
1-: Sign up in the website– To buy bitcoins from any of the two companies, open the website and then signup, that is, as soon as you register, you must first enter your mobile number.
2-: Upload documents– Now you will have to scan and upload some of your important documents, which are asking for documents from you in the website, such as Aadhar card,
after filling all these details, you will have to submit your documents.
After this, within 24 hours your account will be activated, you will receive an email or message that your account has been activated.
3-:Enter bank details and deposit money– As soon as your account is activated, you have to enter bank details so that you can deposit money in your account, in order to buy bitcoin, you have to deposit the money first. You can, but if you want to be at least 1000 rupees, then you have to take as much money as you can from your bank and load it into your account.
4-:Now buy bitcoins for money– As soon as you deposit money, money will be shown in your account, after this you can convert this money into bitcoin, then for this you need to click on Buy Bitcoin and as soon as you buy bitcoin then your money automatically bitcoin In this way, you can buy bitcoins in this way.
- Zero% fees – Unocoin does not charge customers any fees for accepting bitcoins as a payment method
- Simple Intergration – You can integrate your business with Unocoin very easily.
- 0% Volatility Risk – If there is some fluctuation in the price of Bitcoin, you can keep Bitcoin or even sell it immediately.
- No Chargebacks – If you are using Unocoin then you do not have to pay any charge back.
- OTC Trading (Over the counter)
- Auto Sell Bitcoin
- Netki – You can create your own Bitcoin address that anyone can read.
- 2 step Authentication for greater security
- With the help of Bitcoin, you can also fill the top up in your mobile and DTH.
- You can buy voucher from Amazon, Flipkart and Make My Trip so that you can save up to 10%.
- Fastest way you can buy Bitcoin.
- It is also very secure.
- Lowest price in market.
- You can also buy from mobile by using the app.
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