Beermoney Lifestyle: Earning Cryptocurrency

in #beermoney7 years ago (edited)

Bright Light Money

Hey everyone and welcome to the next post in the Beermoney Lifestyle discussion. Today I want to talk about Cryptocurrency and how they are associated with Beermoney. If you would like a quick meet and greet then you can head over to my Intro or if you want to skip formalities you can start with this blog

All good? Right on, let's get started!

Earning Cryptocurrency is a relatively new-ish concept in the Beermoney world. As more and more people discover Bitcoin and begin to imagine the amount of money they can earn from this phenomenon an obvious need for crypto alternatives arose.

So much like any GPT (Get-Paid-To) site that gives you a gift card or PayPal in exchange for your time, there are also sites out there that will pay you in Cryptocurrency. Some exclusively only pay out in Cryptocurrency while others just have it as an added option.

You will earn the same way as any other Beermoney method. Passively though videos are the most common method. You could earn by doing surveys which are typically from Peanut Labs but there are many others you can choose from. Also, there are offer walls just like places such as Swagbucks and even crowdsourcing opportunities as well.

Each site requires you to gain points for the tasks you do before you can redeem a cashout option. The minimum cash out is different for each site. Sometimes the sites will send your earned crypto to a wallet that is pre-associated with that site.

Unfortunately, there are a whole bunch of sites out there that are straight up a scam. The problem? Finding ones that are going to be worth your time and pay out as well. Because of this I only use a few myself and today I would like to share some of them with you.

Below is a list of some of the sites I use. I am going to give a brief run down of who they are and a quick idea of how I use them to earn.


EARN.GG

Earngg Logo

This may be the best of my earners to date. Honestly, there is so much I could say about Earn.gg but I think I will just stick with the highlights. Passively you can earn through Engageme.tv, Discover Media, and Video Lab. There is an offer wall, surveys via Peanut Labs, and crowdsourcing via Crowd Flower.

There is a point system where 100,000 points equal $1 USD but don't worry each video can give you anywhere from around 600 points upwards to 800 points. More or less depending on when and what promotions they happen to be running.

They have four redemption options available: Earn GG Pay Options

Just doing the passive videos daily can yield you roughly $1 USD to $2 USD a day. Not including anything else you might decide to complete alongside those videos.

I use Earn.gg exclusively for Bitcoin. The minimum is 200,000 points or $2 USD and Earn.gg claims that it takes up to six hours to reach your wallet. Typically my Bitcoin is in my wallet within an hour. I only run passive videos and rarely touch anything else.

If you want to read more you can look at my quick guide Here


Earn Crypto

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The biggest pro of Earncrypto is the number of different coins you can obtain. You can passively watch videos to get yourself coins like Ark, Dash, Doge, Verge, Fun, Stellar, and so many more.

They have offer walls, surveys from Peanut Labs and also crowdsourcing via CrowdFlower. Their passive video section includes Engageme.tv and Video Lab. However, unlike Earn.gg the offer wall providers on Earncrypto are much more. With providers like Offer Daddy, Personaly, Wannads, and SuperRewards.

They also have a job board where you can earn points from Earncrypto members. You can also post a job yourself.

The point system for Earncrypto varies from coin to coin. If you try for something like Bitcoin it is obviously going to take a long time to cash out. On the flip side, something like Doge is more easy to earn through this site. There is also fee's associated with each withdraw unless you happen to have the minimum recommended amount for a free withdrawal.

An example: EarnCrypt Pay Examp As you can see I currently have 0.006 in Dash. Which at the current market price equals $9.23 USD.
EarnCryp Fee Examp
Here are the current fee numbers when wanting to withdraw that Dash. At the current market price that no fee withdraw limit is at $25 USD. The fee is at 0.002 which at the current market price is $2.50 USD if you want to withdraw before the zero fee limit.

Earncrypto claims that withdraw processing takes 7 days up to 45 day's if a problem is encountered. To date, mine have all been deposited within 7 to 10 days.

How I earn with this site is a bit different. I mostly use the passive video earnings and sometimes I will do something from the job board, their data entry section, or CrowdFlower. What is done differently is I like to keep the coin on Earncrypto. Normally this is an unwise decision. You should always withdraw soon and quickly from any GPT site. However, I watch the price because sometimes when the price of the coin is going up you can often wait out the minimum withdraw limit in order to get the zero fee.

Again, it's highly risky to leave your coins in a third-party wallet. Do so at your own risk.


BitFun

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Bit Fun is kinda an odd recommendation. It is an offer wall but mostly used as a faucet. You use a separate online wallet called CoinPot as your destination when redeeming offers or the faucet on Bit Fun. Honestly, there is not much to do here but it is decent enough as a source for Bitcoin.

They also have passive video watching like the two above and an offer wall as well.

There are games and the site claims to have a dice game option but it has never worked for me so I can not comment on it. I would just stick with doing the faucet and occasional passive video.

Bit Fun has even fewer options available compared to Earn.gg and Earncrypto. With just three offer walls: Bit Fun Offerwall Examp

The only plus to this is that they happen to be three solid providers. You can also still earn roughly $1 USD to $2 USD a day from the videos.

Bit Fun claims to take 10 days for all earnings to be vetted before depositing into the wallet. I can tell you now that it takes the full 10 days. Neat thing though is that Coinpot will show you the pending earning on the Bitcoin dashboard. So you can keep track of when you earned the Bitcoin and when it should arrive in your account.


Conclusion!

Hey, I appreciate you taking the time to read this far. We learned a little bit about a few different ways to earn some Cryptocurrency passively and semi-passively. There was some discussion about the expectations from each of the sites discussed today as well as earning potential for each site. Examples were given and it is my hope some learning was achieved on your end.

If you want to get some real time live conversation going on about Beermoney and Cryptocurrency I suggest you join the Beermoney Discord

Just keep an eye out for my next post about the Beermoney Lifestyle coming soon!

As usual, I am unsure what I will be discussing in my next post but we can all experience the surprise together!

Until next time!
Good Luck!

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Good to see beermoney is still chugging along. I'm new to the coin side of the internets.

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