Bitcoin Passive Income
making money with bitcoin
So before you can start making money with Crypto Currency, you will need a few things first , you need to sign up to a number of platforms in order to buy the currency and trade the currency.
You will need to sign up to all of these before I can teach you how to make money with Crypto
Now the reason I like to sign up to all of these because if any of the sites have maintenance scheduled you can still earn money on another platform
If you're from Australia you will need to buy Bitcoin and other Crypto Currency from an exchange
I recommend Coinjar. I personally use it, it's easy to use and it is linked directly to the Australian Banks which really helped me out a lot
Step 1: Set Up Your CoinJar Account
CoinJar is where you’ll deposit funds from your bank account so you can transfer those funds into Bitcoin.
From there, you use the Bitcoin in your CoinJar account to transfer to exchanges and buy other coins.
- Click this link to create your free CoinJar account:
- Enter your name and email address, and click the “Sign Up Now” button.
- On the next page, enter your password and confirm your password, then click “Sign Up”.
- You will receive an email (subject “Confirmation Instructions“), click the “Confirm my account” button inside the email.
- Login to your new CoinJar account.
- Under “Accounts,> Getting Started”, click the link to get verified and follow the steps. Your CoinJar account will need to be verified in order to deposit funds into your account so do not skip this step. You will receive an email once your identity has been verified, it can take around a week.
- While you’re on the Accounts page, under “Accounts”, enable “CoinJar Rewards”. This allows you to earn points, which can be used instead of paying for transfer fees.
- Next step is to link your bank account to your CoinJar account so you can deposit and withdraw funds. Go to “Settings > Linked Bank Accounts > Add Bank Account” and enter your bank account details. CoinJar will make a deposit (between $0.01 and $0.99) into your bank account within 1-3 days, this is how you verify your bank account.
Once your CoinJar account has been verified, you are now ready to deposit funds from your bank account into your CoinJar account. We are then going to transfer these funds into Bitcoin, which we will use to purchase your BTC-Packages with.
Step 2: Deposit Funds Into Your CoinJar Account
Once your CoinJar account has been verified, the next step is to deposit funds from your bank account into your CoinJar account. You’ll then convert these funds from AUD into Bitcoin
The second place I have also signed up to is Coinspot , so I can move my money quicker into my Account and also buy other Crypto Currency .
That way if one site is down I can still get access through the other, it helps with processing times too.
Ok so now you can purchase Crypto Currency, you want to be able to either day trade or invest in lesser know coins, otherwise known as Alt Coins, to be able to do that you need to sign up to the exchanges below, both of these have different currencies available so it helps to have both ready to go
I am currently fine tuning the strategy so stay tuned !!!
I look forward to helping you throughout this exciting journey – welcome aboard and congratulations on getting everything set up!