Today we’re talking about 10 different ways that you can earn money online.
It’s no secret that there are legitimate methods for earning money online mixed in with the many scams and misleading opportunities. While the internet has reshaped the way we view finance and commerce, as well as virtually everything else in our society, countless niches have sprung up which can provide anything from a passive income to a full-time career.
You can build a brand or start a media company using just social media; you can use various freelancing platforms to promote your technical skills and find employers willing to pay you for projects or micro-tasks; you can use your personal social media accounts to advertise for brands and take a small check, or click on ads for companies to make similar wages; and once you’ve amassed your internet fortune, you can invest it in cryptocurrencies such as Bitcoin and Ether or in revenue sharing programs to make more money off the money you made!
Of course, sorting through the nonsense to hit pay dirt can be one of the most difficult and frustrating tasks you ever encounter online. Luckily you found this list!
Below are 10 tried and tested techniques for earning money online:
#1 BECOME A FREELANCER
The term “freelancing” can refer to many different things. If you have any technical ability at all somebody will pay you to do small tasks online. Below we will list some of the best places to start freelancing, but first you need to create a portfolio showing off your personality and the type of work you do!
- Fiverr — where, as the name suggests, you do small tasks for people that are worth around $5. The best part about Fiverr is that you get to offer whatever services you’re good at. It’s a perfect place to start.
- Upwork — a more professional type of freelancing site, on Upwork you will create a portfolio and then bid on projects. In this more competitive atmosphere, you’ll want to get some experience under your belt first.
- Freelancer — Freelancer is similar to Upwork, where you will create a portfolio and then bid on jobs. Once you’re familiar with Upwork, set yourself up on Freelancer to add more range to your bidding capabilities (you only get to bid on a certain number of jobs per month on each site).
There are countless other freelancing sites and specified job boards. If you want a closer look, check out these 25 top sites for finding the freelance jobs you want by Skillcrush.
#2 BUILD A BLOG
If you love to write or take pictures, you can cash in on your passion by writing a blog! A blog can be about anything you want. If you like to cook, start blogging about your favourite recipes and take pictures of your best meals; if you like to travel, make sure you take lots of pictures and use your blog to document your experiences; if you like politics, start opinion blogging on the most popular topics as they happen!
After you start getting regular views on your blog (use social media for exposure) you can set up a Google AdSense account and start monetizing your blog with ads that are relevant to the topics you most often talk about.
If you don’t know where to even begin, check out this step-by-step guide on how to start a blog in 20 minutes.
#3 BUILD AN ONLINE STORE
Online shopping is the new way to get anything and everything for many people, and it’s only growing. The best part is that it’s so easy to get started in eCommerce with all the established platforms out there, and you don’t even need your own inventory to get started (you can become a reseller for your favourite brands). You can start selling on Amazon, eBay, Shopify, Etsy, Facebook, and countless other places.
To get you started, here is an incredibly exhaustive guide to starting an online store.
#4 BUILD A SOCIAL MEDIA ACCOUNT
The thing about online stores and blogs is that they need traffic in order to make money. If you can build a social media account such as Twitter, Instagram, or Facebook in a specific niche like travel or gaming, you can monetize your page by charging bloggers and eCommerce managers to reach your audience.
You can also consider this a first step to building a blog or an online store, since you will benefit from having your own audience to speak or sell to right off the bat!
#5 BUILD AN APP
Apps are everywhere. If you have the skills to work as a developer, you should consider making your own app on the side! While you may notice that many apps are free in the app stores, you would have also noticed that they run ads!
Even if you don’t know how to build an app but you have an idea for one that would provide real value or entertainment to people in their daily lives, reach out to an app developer and work together to bring your idea to life!
If you’re more technically minded but low on funds, you should definitely check out Ethereum Project, the blockchain app platform.
#6 MICRO TASKS
Similar to freelancing, many opportunities exist to build up a small fortune by doing micro-tasks for employers and businesses. These tasks usually include things like data entry, internet research, commenting on forums, leaving reviews for companies, answering surveys or clicking on ads.
YouTube is a gigantic video and streaming platform for businesses, vloggers, politics, and basically anything else you can think of. If you can establish an audience who watches and enjoys your content on YouTube, you will make money not only from the ads that run on your videos, but from being able to reach and influence a large audience which earns you sponsors who will pay you just to shout out their brand.
Additionally, there are video/streaming platforms for various niches, such as Twitch for gaming and Vimeo for high quality 4k videos, which can help build you a following of supporters for whatever it is that you’re doing!
#8 EARN BITCOIN
Earning bitcoin online is a lot easier than most people think — it is the currency of the internet, after all. Aside from mining, the traditional way to earn bitcoin, you can do the same types of micro tasks above, including any level of freelancing (there are specific sites for freelancers who want to earn bitcoins).
There are a tonne of other ways you can get your hands on some of the valuable cryptocurrency, check out our comprehensive guide to earning bitcoin online!
#9 ONLINE TRADING
Online trading is exactly the same as real-world trading: risky and rewarding. There are a few main sites that have popped up for online stock trades over the last few years, but cryptocurrency trading has also been gaining major traction recently. High volatility in the bitcoin and ether prices and an ever increasing trade volume means that there are plenty of profits to be made daily in the cryptocurrency market.
If you want to get started trading in cryptocurrency, we recommend this excellent guide for doing just that by Hacked.
#10 INVEST BACK INTO THE INTERNET ECONOMY
After you’ve built your understanding of how making money online works you’ll be in a much better position to know how and where to invest your money. Trading aside, many people are investing in Bitcoin and other cryptocurrencies, and virtual fortunes have been made by those who were early enough to get in while Bitcoin was cheap.
Additionally there are programs that work on sharing revenues with investors from a specific business model, which we suggest that you research and fully understand for yourself before getting involved with. Start with this honest review of a few RevShare sites.
If you found this list helpful or interesting, follow us on Twitter and Facebook for more just like it, as well as up-to-the-minute news and updates about SolidTrust Pay and the payments industry!
Earning a passive income online with minimum effort compared to a traditional job is quickly becoming a millennial trend, and we want to help you get in on the action!
With the influx of interest in and mainstream adoption of digital currencies such as Bitcoin, Litecoin and Ether, it’s not surprising that opportunities to earn money online are popping up left right and center, and a passive, residual income has never been easier to achieve than right now!
Time is money. Many believers in the blockchain technology are happy to invest in Bitcoin, but there are plenty of other ways you can get your hands on some digital currency without breaking the bank – you simply need to be willing to invest time instead of money.
This article is going to extensively explore each of the most popular methods for earning free Bitcoin and other digital currencies online, and build a comprehensive list of the best methods for earning online in 2017. If you have any suggestions, let us know in the comments or on our Facebook page and we will be happy to add them to the list!
But before we get started..
For those who don’t already know what Bitcoin is (really — it’s 2017!), a brief explanation from our friends over at Blockchain:
“Like paper money and gold before it, bitcoin is a currency that allows parties to exchange value. Unlike its predecessors, bitcoin is digital and decentralized. For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees for transactions.”
If you require a much fuller explanation, CoinDesk has you covered!
Reasons you might want to earn free Bitcoin
The reasons for trying to earn some bitcoin are straightforward – you want to earn money, and bitcoin has a monetary value. The reasons you might choose Bitcoin over other methods vary depending on how view the cryptocurrency. While some see it as merely a means for making private payments, others think of Bitcoin as an asset with real-world value that has huge investment potential.
Depending on your goals, you might want to earn Bitcoin for shopping online, for capital to invest, or for liquidity. You might want to use it to for trading, where plenty of profits can be made in the volatile cryptocurrency market — or you might just want to hold on to it for the next massive value-hike and cash in on that sweet internet payload!
At the time of this writing, the value of Bitcoin is hovering around all-time market highs and strongly competing with gold. At this point, even a fraction of a bitcoin is worth a relatively decent chunk of change!
And now, the list of best methods for earning free bitcoin online:
- Answer surveys to earn free Bitcoin
Did you know you can get paid for answering surveys online!?
Okay yeah, everybody knows that by now. Earning money online by answering surveys and questionnaires is one of the oldest tools in the box. In fact, filling out surveys and questionnaires for incentives goes back even farther than the internet!
When a research company needs respondents from a demographic they cannot reach, they can easily reach out to a worldwide or specialty panel. By offering a cash incentive to respondents in return for feedback, these companies can quickly fill quotas and collect the information being sought by the client.
While paid online surveys often work by rewarding people with vouchers, rebates or money when they answer a series of questions. Now, many of these companies are also offering Bitcoin!
Bitcoin surveys are still a bit newer to the market, yet they’re mostly similar to the traditional ones — the only difference being that free Bitcoin is given out as an incentive instead of coupons.
- Download apps, view websites and click ads for Bitcoin
Another method of earning free Bitcoin is to signup for websites that offer bonus programs.
The way this works is that website owners and advertisers will pay you to do a task (such as viewing an ad, downloading an app or trying out a new game). In return for your time spent, the people posting these offers give out coupons or cash as incentives.
Now with the recent explosion in Bitcoin interest, there are numerous websites offering huge Bitcoin bonus programs.
Some examples of the stranger offers available online include signing up to various websites and checking search engine results for specific data, or voting on contests for people’s pets etc.
Most of these programs simply require a Bitcoin wallet address to get started!
- Complete micro-jobs online for Bitcoin (i.e. freelance)
Offer your services in something you are good at and enjoy — get paid to do something you live.
You can write, code, edit, proofread, design, enter data, conduct surveys, carry out research etc — and be paid in Bitcoin in return. Traditionally there are several top dog freelance websites, but newer ones are now popping up with an explicate interest in payment by bitcoin.
Find out what you do best and promote yourself on the various Bitcoin services marketplaces. The best places to advertise your services are:
- Join a Bitcoin affiliate program
The opportunity for earning money online through affiliate marketing has been around for years, and with the current Bitcoin-revolution taking place, it’s no surprise that Bitcoin-based affiliate campaigns have sprung up across the web.
Affiliate programs are programs that incentivize promotion of a product or service in exchange for a share in the revenue. Some companies pay up to 50% of revenue from customers you refer! If you have a large network or a popular website/blog, you can make a killing off referrals.
Many Bitcoin affiliate programs work the same as a regular affiliate program — by generating a unique URL for you to share, which is tied to your affiliate account. You can then promote your affiliate link anywhere you want (within reason), and purchases or signups made by people through your link will earn you a tasty commission.
The best thing about affiliate programs is that once you refer somebody, you get a lifetime commission from every single purchase they make. This means that your affiliate revenue should keep increasing as you build up more customers, and it will create a permanent stream of passive income so long as the business is in action.
To make things easier, we found this list of some of the companies offering the most lucrative affiliate programs available in 2017:
- Local Bitcoin
- BTC Asia
- Shout for Coin
- Genesis Mining
- Bitcoin Wine
- Forum-based signature campaigns for Bitcoin
Signature campaigns are often organized by a company that would like to promote their services or products across the forum, and they tend to pay pretty well. All you will need to do is add a specific link or message to your signature and then continue to engage with people on the forums as you normally would.
To make things easier, they guys over at Bitcointalk have made a comprehensive list of all active signature campaigns that you can join.
Many signature campaigns pay out according to your account level on the forum, or your activity and quality of posts. Increasing your account level to earn more is pretty easy — just make high-quality posts as often as possible and remain active in popular threads! The higher your user level goes, the more you can earn per post!
- Earn through Bitcoin faucets
A Bitcoin faucet is a type of “reward system” that dispenses free Bitcoins in exhchange simply for your traffic. You may need to click a link and fill out a captcha or something like that every so often, but setting up a bunch of faucets is a great way to get started with a passive, residual income.
These sites payout very small amounts, but again, the time and effort they require are very small as well.
Free Bitcoin faucets are usually created for a number of reasons, most commonly:
- To increase traffic to a website
- To generate leads for advertisers
- To introduce people to Bitcoin and ultimately increase popularity and adoption
- To earn revenue from ads
There are hundreds, maybe even thousands, of bitcoin faucets online right now. Find a few good ones for yourself and add them to your daily task list, you won’t be sorry!
- Earning Bitcoin via tips
Tipping is a lot more common online than you may think.
People tip for things they appreciate — a good blog post that helped them solve a problem or a funny/informative video that entertained them. If you can offer people something of value, you’d be surprised how many will pay for it if you just ask!
Simply add your bitcoin address to any online content you may own and see if anybody appreciates it enough to open up their wallet. You just never know.
- Playing Games to Earn Free Bitcoin
Sometimes referred to as “fun faucets”, Bitcoin games are another popular way to earn some side cash while also having a great time!
With virtually no investment, fun faucets offer you small fractions of Bitcoin every time you win or manage to beat a level etc..
These programs work the same as most others — your traffic on the website creates ad revenue and the owner agrees to pay you a small portion of that for visiting and remaining active their site.
Bitcoin games may not be the most lucrative option, but who can argue with being paid to play some games?
- Earn Bitcoin by mining
Bitcoin mining is how bitcoins are created in the first place. While this method will likely require some monetary investment for equipment, it can certainly pay off in the long run if you set everything up properly.
Most of what Bitcoin mining is about today is simply purchasing the proper equipment and then making sure it doesn’t break. Most Bitcoin mining tools on the market do the rest of the work for you!
Mining Bitcoin has become considerably more difficult of the past several years, while the rewards for each block mined have also gotten much lower. While this is a competitive method, it is definitely worth getting into if you have the resources.
- Trading to earn free Bitcoin
Trading Bitcoin is the same as trading any other stock — it consists of buying low and selling high, while foreseeing the possible value fluctuations. As with any other trading endeavor, you should only get into bitcoin trading once you know everything there is to know about how the digital currency behaves and what to expect in the marketplace. With such a highly volatile market atmosphere like the current Bitcoin one, trading can be hugely profitable. But it can also be a huge risk, so trade wisely and responsibly!
If you have some capital to invest (or rather, once you have some capital to invest), you might also want to think about Bitcoin investment websites, Bitcoin CFDs and Bitcoin binary options.