Earn Bitcoins by Taking Surveys

Earn Bitcoins by Taking Surveys

In recent years, the digital currency Bitcoin has gained headlines as a groundbreaking new means of transferring and receiving money. Bitcoin's popularity grows as it reaches the mainstream as a global payment system, owing to its several benefits over traditional currencies (including being official legal tender in most developed countries).

Although many people choose to acquire bitcoin as a store of value or to mine it using expensive hardware and complicated algorithms. There are methods to obtain it without purchasing it or mining for it yourself. Completing online surveys is one of these methods.

What is Bitcoin (Virtual Currency)

Bitcoin (₿) is a peer-to-peer digital currency that may be exchanged over the bitcoin network. Bitcoin transactions are cryptographically verified by network nodes and stored in public distributed ledger known as a blockchain. The cryptocurrency was created in 2008 by an unknown individual or group of individuals under the nickname Satoshi Nakamoto.

The currency was first used in 2009 when its implementation was made available as open-source software. Bitcoins are produced as a reward for participating in a process known as mining. They are convertible into other currencies, goods, and services.