I already talked about the ways to earn money online. In this blog post I am going to share with you How to make Cryptocurrency online. Today we use crypto for many purposes in digitally like Fiat money. Many of the people don't know what is crypto and how to use crypto like Fiat money. Through this post you will learn how to make Cryptocurrency online from home.
What is Cryptocurrency
A crypto currency is a digital currency or a virtual currency that can use digitally for exchanging goods and services online. A Fiat money we can touch with our hands but the crypto currency can't touch with our hands because it created in a digital format. Cryptocurrency created using a new technology called blockchain. Blockchain is a record of data that's written in the cryptography order. The benefits of Cryptocurrency is it we can transfer between people without losing personal information so it will help us from hacking. This currency is more secure than Fiat money.
How to use crypto currency online
Cryptocurrency can use like Fiat money, especially for payments, transactions and more. To use and store crypto currency online we need to own a wallet, the wallet keep our crypto securely. The wallet is a software that store crypto safe with security features. There are 3 types of wallets such as hot wallet, cold wallet and paper wallet. Hot wallet need to connect the Internet but the cold wallet is not needed to connect. Binance, Coinbase, Remitano, Wazirx is a crypto exchanges they provide hot wallets for free to use. Cold wallet like Ledger are providing 2 types of wallets, Ledger Nano S and Ledger Nano X. This wallets are looks like a USB flash drive, by this drivers we can manage crypto from anywhere in this world.
How to send and receive crypto?
To sending and receiving the crypto online is a easy process. After creating a wallet we get two types of keys a public key and private keys. Public key we use for sending and receiving the crypto between people or exchange, it is a wallet address. But the private key is security key that we handle privately for protecting the wallet from theft. From wallets to exchange and wise versa we can send crypto quickly and easily.
How to make Cryptocurrency online?
There are many ways we can create crypto online. One of the best and straight forward way is ‘buying’ crypto can buy through crypto exchanges using debit cards and credit cards. Some exchanges like Remitano is providing Fiat wallet, it will help us to buy crypto without using cards. There are crypto ATM counters in many countries, it also allow us to buy using Fiat money. Crypto currency can convert into Fiat money from all exchanges and crypto ATMs.
Trading is a another profitable way to increase the Cryptocurrency. Every exchanges provides trading features like automatic selling and buying and more. The trading is the process of buying and selling Cryptocurrencies, in this way we can increase the crypto currency quickly. When the crypto prices are low in the market, buy at the time and sell the crypto when prices going up, in this way we get profit and ultimately can withdraw it our local bank account.
What is crypto mining?
Mining is the process of recording and maintainance of crypto transactions, and it is a creation of new cryptos, it works by sophisticated computers. In return Blockchain gives rewards as crypto to the participants. Anyone can participate in this process to earn cryptos, this earnings are depending on the computer power. There are two ways we can mine Cryptocurrency online. One of the best method is using our own computers and hardware's such as ASICs and GPUs. Other way is buying mining plans from online mining sites such as Genesis Mining, Shamining etc. To start mining we only need a wallet order to receive mined coins. There is small Bitcoin mining App that will help you to mine bitcoin easily.
How to make Cryptocurrency for free?
Cryptocurrency mining is works using computers, CPU and GPU are the components of the computer. With the help of this two hardware we can mine crypto for free through connecting with mining sites. Other way is to make Cryptocurrency for free is to complete online tasks, in returns we get rewards. There are websites like PTC, Survey Site and freelancing sites, they offering tasks to complete. Picoworkers is a freelancing site, it pays money as crypto as a payment. BTC Clicks and PTCshare is examples of PTC sites to earn free crypto just viewing ads online. Some search engines like Presearch and Brave is also gives free crypto for their usage.
I hope it might understand and help you to make Cryptocurrency online.
