What is a cryptocurrency?
A cryptocurrency, in simple terms, is a unique digital money. It is different from actual money because it does not exist physically. You cannot touch a cryptocurrency just like how you can touch a one dollar bill.
You may not touch it but it does not mean that it has a lesser value than actual money. In fact, it may shock you how many dollars will you get if only you could get 1 Bitcoin (an example of cryptocurrency). As of writing, 1 Bitcoin is equivalent to 20, 817 USD or 1, 175, 662.64 PHP.
Why the interest in cryptocurrency?
To be honest, I have regretted the years when I did not invest in cryptocurrency the moment I heard it before. Back then, I did know that the value of cryptocurrency gets higher and higher as years go by which means you get bigger returns in the long run. Back in the year 2016, one Bitcoin can only be bought for $500, but now you need to have $19, 400 at most to buy 1 bitcoin. This alone is reason enough why you should be interested in cryptocurrency.
Top 5 Examples of Cryptocurrency
According to Kat Tretina (2022) from Forbes, among the top 5 cryptocurrencies are:
1. Bitcoin
2. Ethereum
3. Tether
4. US Dollar Coin
5. Binance Coin
How to Get a Cryptocurrency?
There are two ways to acquire a cryptocurrency. The first one is the most straightforward way of acquiring a cryptocurrency and it is known as trading. You have heard of Binance, right? Binance is an example of a trading platform where you can buy a cryptocurrency. Obviously, you need to spend money to do this.
The second way of acquiring a cryptocurrency is through mining. There are actually many ways to mine a cryptocurrency, some are paid and some are free. The one that will be discussed in this article is free mining.
Free Mining Sites
Free mining is where you register to a site, do tasks and be rewarded with a cryptocurrency without any costs. You have to remember though that unlike directly buying a cryptocurrency, you will only be rewarded with a small amount of cryptocurrency each time you do a task. However, when you pile up those small amounts, it will eventually get big.
Here are examples of free mining sites and all you need to have is a Telegram account and a cryptocurrency wallet such as Coinbase:
1. Bitcoin Farm Mining
This is actually a game in Telegram where you plant and harvest fruits. The fruits are going to be exchanged with diamonds, and diamonds will be exchanged with bitcoin. The other way to earn faster is through inviting your friends. If you are interested, you can check out this game by clicking this link:
http://t.me/bitcoin_farm_ver2_mining_bot?start=5542461105
2. Ethereum Unlimited
Using your Telegram account, you can earn through referral system. You only need to invite a friend and you earn an ethereum. After accumulating many rewards, you can cash it out through Coinbase. The minimum payout is 0.00000015 ETH. If you are curious about this site, you can click the link below and just follow their instructions:
https://t.me/Ethereum_Unlimited_Bot?start=5542461105:
3. Free Bitcoin Bonus Pay
It works the same as Ethereum Unlimited, but the cryptocurrency you will be earning here is Bitcoin (BTC). The minimum payout is 0.00000015 BTC through Coinbase. You can click the link below if you are interested:
https://t.me/Free_Bitcoin_Bonus_Pay_Bot?start=5542461105
If you do not have a Coinbase account yet, you can register here:
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