April 25, 2022

How to earn Bitcoin - Three Easy Ways

Currently, there are multiple ways to earn money directly in Bitcoin (BTC). Some methods are easier or more accessible than others; each requires different knowledge and an upfront investment of either time or money.

Below are three methods, ordered from least to most difficult: gaming, trading, and mining. Some readers also use exchange-specific automation, such as a trading bot for BitMEX, to support their strategies.

Play Games to Earn Bitcoin

Several play-to-earn games let players receive cryptocurrency rewards. Some deliver bitcoin directly when you meet objectives, while others pay in project tokens that can then be exchanged for bitcoin. That can expose your earnings to token price swings and market pressure.

Games sometimes require an initial purchase—such as in-game items or NFTs—or they offer free-to-play options with lower rewards. Free browser or mobile titles and simulators like RollerCoin let players earn without financial risk, though payouts are generally small and require significant time.

Bitcoin Trading

Trading bitcoin means buying at a lower price and selling after a rise. It is adaptable to different capital levels but requires market knowledge, time to monitor prices, and risk management.

Trading can be time-consuming and psychologically demanding. Some traders use automated tools—such as our AI trading bot—to apply strategies or run 24/7 tactics on exchanges; these tools do not eliminate risk but can help with execution.

This approach can produce significant profits but also carries the risk of losses and requires learning trading principles and exchange mechanics.

Bitcoin Mining

Mining is the process that creates new bitcoin and secures the network using specialized, energy-intensive equipment. It is available to anyone with permitted hardware and access to low-cost power, but mining has high upfront and operational costs.

Because of equipment, electricity, maintenance, and competition, mining usually requires substantial investment and technical knowledge before it becomes consistently profitable.

Conclusion

Gaming is the most accessible route for beginners, trading offers flexibility with higher risk and potential reward, and mining demands the largest capital and technical commitment. For details on tools and services that support crypto strategies, see how PlayOnBit works, review our pricing, or read more on our blog. If you have questions, contact support or visit our FAQ.