Bitcoin investment has a high ROI. Fortunately, you can obtain it free of charge through a bonus. Besides, there are many ways to get these cryptocurrencies by making little investments of your fiat money, time and perseverance. All BTC rewards are divided into blocks: gambling, trading, lending promos, faucets and even making profits through affiliates.
Bitcoin Casino Bonuses Types
Bitcoin casinos offer various kinds of incentives to their new and existing clients as means of retaining them and making them to keep wagering. Gambling in these betting houses will give you a lot of benefits. First, your identity will not be known because, with BTC, you are not divulging any of your bank and personal details to anybody. Secondly, it is very simple to stake with this well-known cryptocurrency. You don’t need to have prior experience before you will be able to use it.
Third, normally, transactions in bitcoin do not attract any service fee and in most cases, they are completed instantly. The fourth advantage of signing up on Bitcoin gaming sites is that they are reputable; staking in them is risk-free.
However, on the other side, licensed BTC operators are very few in number. The most worrying downside of this digital currency is that it is very volatile and it is possible for it to lose value even when an investor does not expect it.
No Deposit Bonus
No deposit bonus is an appreciation shown to new players once they sign up and before they put any money into their account. If this type of incentive appeals to, look for its codes through email, casino promo webpage, or published on Twitter, Facebook, and other social media websites.
No deposit bitcoin promos have different variations. You can be rewarded with up to 40 or 100 FS.
Usually, BTC gaming establishments give a higher amount of bitcoins than fiat money.
New entrants can receive up to 2BTC which is more than $5,000 based on the current price of coins on the market today.
Certain action rooms will allow you to transfer your earnings and prizes if the conditions are all met. These are called cashable bonuses. Non-cashable promotions which you can only use to wager also exist.
Bitcoin Promo with Deposit
Betting clubs also motivate their customers deposited more than once with different kinds of incentives. Such encouragement can come as reload bonus, match your deposit, free spins, VIP programs, cashbacks, refer-a-friend and others. Also conditions like WRs, selected games are attached to them.
The amount given as inducement is not the same for all wagering houses. Some offer as many as 5mBTC, 50 to 100 FS, 25% (more or less) match bonus up to $500.
Every gambling operator wants to increase its customer base. This is why many of them induce old players to get new clients for them through what is regarded as a refer-a-friend bonus. You will be presented with a certain percentage of the initial deposit made by the person you bring to the site.
The sweetener can also come in the form of FS. Each casino has its unique package which can be up to 200%. In this case, if the person funds his/her account for the first time with 0.5BTC, extra 1BTC will be added to your balance.
Betting houses have VIP clubs for clients that have stayed with them for a long time.
Participants in the program are given a lot of appealing perks such as lower WRs, reduced the min winning amount, higher conversion rate of comp points, tickets to the first class resort, shows, and event, accommodation in luxury hotels, free buffets and many more. They are also gifted with higher bonuses of about 1 or more BTC.
High Roller Gifts
Many gambling operators have special promos for gamers that wager with a huge sum. These bettors are called high rollers.
Bonuses for whales can match your deposit promo of about 300% up to $3,000, immediate cash-out, quick gameplay modes, etc. Some websites add big spenders to their VIP clubs without demanding further requirements. In Bitcoin, your match bonus can be up to 0.5BTC to 1BTC or more.
Look through the whole spectrum of Bitcoin bonuses here:
- Bitcoin Casino Games Bonus Benefits
- Common Ways to Get Bitcoin Bonuses
- Bitcoin Casino Bonus Definition
- What is Bitcoin Casino No Deposit Bonus?
- Join Affiliate Programs – Earn Bitcoin Bonus
- Earning Free Bonuses by Bitcoin Faucets
- How to Get Bonus with Bitcoin Exchanges?
- Earn Bitcoin Bonus from Lending Interest
- Get Bitcoin Bonus by Doing Small Jobs
- Get Sportsbook Bonus with Bitcoin
- Get Big Bonus via Bitcoin Cloud Mining
Bitcoin Casino Games with Bonus
Games that can be wagered with bitcoins are blackjack, roulette, dice games, Baccarat, Video Poker, craps, 3D slots and live dealer casino.
Promos for these amusements include reduced juice, reload prizes, free bets, welcome promotions, refer-a-friend bonus, loyalty and VIP programs, sportsbooks, etc. With these incentives, you will get more playing time or more bitcoins to your account.
Short Bitcoin Casino Reviews – How to Claim and Withdraw Promo
It is quite easy to fund your balance with bitcoin. The first step is to create your wallet’s account. There are basically two kinds of wallets to choose from, namely, web and software wallets.
The former is less protected but its usage is quite most expedient and simplest. Examples of them are Coinbase, Xapo, and Blockchain.
On the other hand, to use the latter on your PC or mobile device, you need to download the program. They are securer than web wallets because they do not involve the third party services and they are totally under control of the user. Examples of well-known types are Multibit, Bitcoin Core and Armory.
Playing with this digital currency requires only your online BTC address to fund your bankroll or withdraw your earning.
Depending on a casino you are registered with, the bonus can be transferred directly into your account or you can use a bonus code to claim it. You can withdraw your earning in Bitcoin or fiat money. One good thing about BTC transactions is that they are handled quickly with some being completed instantly and some taking just about 30 minutes or less.
Get Bonus with Bitcoin Faucets and Micro Tasks
A bitcoin faucet refers to a website that offers a few of tokens as incentives to their visitors. The aim is to make the recipients develop the interest in BTC so that after using up the free coin, they will purchase more.
Faucets are available in different types which include loyalty, referral, and mystery bonus. In the loyalty promo, regular users of BTC are rewarded with a certain percentage of the total amount of bitcoin they claim on daily basis.
Referral prizes are for people that register others through their referral links. Mystery inducements are really mysterious in nature. It seems it is given at a random without following any laid down procedures.
Faucets give out very little amount with some conditions attached to it before they can be used. It all depends on the site. You may be gifted with 0.01, 0.0005 or even 0.2BTC in a week.
Bitcoin Trading Bonus
Bitcoin is traded in the same manner as currencies are traded on daily basis. You buy and sell according to the price fluctuation on the market. Purchases are best made when there is a fall in value and then sales are carried out for profit when their m.v. increases. BTC day traders are normally given different kinds of bonuses which include arbitrage, CFDs, binary options, leverage, and speculations.
Arbitrage is the easiest and most risk-free ways of making a profit from BTC trading. Here, you buy from a platform with the lowest price and sell immediately on where the value is higher. Speculation is similar to arbitrage except that in the latter you are quite sure of the amount you will sell. In the former, you are only guessing the price. So, you purchase and wait for the value to go up before you can sell.
Leverage trading gives traders the opportunity to trade with a borrowed fund. But they are charged interest on the amount lent to them. Bitcoin binary options traders make predictions about how much the m.v. of bitcoin will increase or fall by within a specified period of time. Correct speculation will earn you the payoff but if you make a wrong guess, you will lose your money.
CFD is a type of future agreement in which the seller and buyer enter into a contract to have a cash settlement of increase or decrease in prices at the end of the deal. This means that if your expectation about changes in price is right, you will make some earning based on the difference you will be paid. In the event of a negative prediction, the reverse will be the case.
The popular exchanges where you are likely to find these opportunities are Bitcoin StackExchange, Bit4coin, plus500, AvaTrade and Bitfinex.
Get % Interest in Bitcoin Lending
Bitcoin lending, as implicit from the name, means giving out your BTC to another person that needs it. In return, you will charge the person some interest in order to make some profits from it. You can receive between 3 to 7% on your BTC on monthly basis. It has a similar principle with an ordinary loan. Though this yields a high return, there is the risk of the borrower not meeting up with their obligation. There are two ways bitcoin can be lent it out. They are:
- Loaning out directly to a person well known to you based on mutual agreement with the deal terms;
- Peer-to-peer websites bring borrowers and lenders together (these are like brokerage listing borrowers for interested large bitcoin owners willing to make extra money from giving loans to somebody there).
Benefit with Bitcoin Affiliate Programs
Bitcoin affiliate programs allow registered members to earn some BTC or fiat by generating traffic to the site they register with. Income is earned either through a revenue share model or cost per action (CPA) model. When you complete your registration, a unique link tied to your account will be issued to you. You will earn 3% or more commission on purchases transacted via your link.
Overview of the Largest Cryptocurrencies: Trends and Market Cap
Over the last 8-10 years, we have observed a huge amount of new cryptocurrencies on the market. Some of altcoins come and go but some stay on the market as leaders. These pioneers have increased their market capitalization from a thousand to a billion times from their very beginning. Here are some them.
Bitcoin and Bitcoin Cash
Bitcoin is a digital currency that is controlled by no bank. It was introduced in 2009 by an unknown person or group persons that used a pseudo name “Satoshi Nakamoto”.
On 1 August 2017, Bitcoin Cash split from Bitcoin. The creation of BCC/BCH was as a result of lack of agreement among the industry leaders on the best way to expand the digital network so that more transactions can be completed per block on daily basis.
Currently, the market capitalizations of BTC and BCC are $71,260,395,591 and $7,308,952,178 respectively. The hash protocol of bitcoin is SHA256 which is much higher than that of BCH. This is why mining in BCC takes longer time than that of BTC.
Ethereum and Ethereum Classic
Ethereum was introduced in 2013 by Vitalik Buterin, a 19-year-old bitcoin programmer in order to make up for the shortcomings of BTC. Blocks are created at a very quick rate. Apart from the currency, computer applications can also run on the network and this is where it differs from BTC.
However, some users of ethereum refused to accept some changes that were introduced later in order to forestall the reoccurrence of theft of fund which occurred after a bug in the DAO contract.
These dissenters continue with the old network. This gave rise to the release of Ethereum Classic on 30 July 2015 which remains the same with the parent network up to block 1920000. At the early time of the fork, it comprised ten percent of network hashing power though it later increased.
The current market cap of ethereum at the time of writing this is $28,527,007,040. With this, it is rated the second largest traded cryptocurrency. Ethereum classic has a lower market value of $1,246,106,766.
Dash is very similar to BTC. The major difference between them is that dash comes with a stronger anonymity technology than bitcoin. Dash also provides instant payment. It was launched on 18 January 2014 as darkcoin but it was renamed on 25 March 2015.
The current market value of this cryptocurrency is $2,491,980,656. The currency is quite growing fast and it has the most active altcoin community. The hashing protocol on which it was created is X11.
Ripple was introduced in 2012 to function as a currency exchange and remittance network as well as a real-time gross settlement system. Though it has a developer, the company has no control over it and cannot wind it down as it is decentralized. Its current market capitalization as at the time of writing of this is $7,568,307,511.
Litecoin is a decentralized open source system created in October 2011 that can be used to make payment to another person regardless of their location. There is also no chargeback involved. It has higher storage efficiency. Its market cap is $2,896,537,820.
Monero was introduced in April 2014 as BitMonero before the name was shorted to Monero five days after it was introduced. Currently, it is trading at $94.97 per 1 token but it has a capitalization value of $1,439,235,766. Every owner manages their own account as if they are their own bank. Deals are untraceable because it uses crypto protocol.
ICO List: Benefits for Investing in Tokens
ICO is an acronym for Initial Coin Offering. It is an uncontrolled channel through which cryptocurrency startups raise money to fund their new project. It is a type of digital money that can be sold or purchased as tokens in a similar manner with shares purchased by investors at IPO deals.
Many cryptocurrency startups go for it because there are no regulations and strict process to undergo before they are obtained. Enthusiasts and backers of any ICO campaign invest in it with the expectation that its value will rise after it has been successfully launched. It gives a high ROI if the outcome is positive.
However, if the money raised during the campaign stage is not up to the amount required to execute the venture, they will be given back their money and it will be considered as a failed project.
Typical examples of unsuccessful campaigns are DAO, PayCoin, and Dogecoin.
Purchases are normally made online with blockchain tokens such as cryptocurrency, digital assets, and app coins.