Now gambling with bitcoin isn’t the safest way of making money.
But if you would like to gamble some spare bitcoin this is the way to go.
There are many different websites out there for BTC betting, but the we will take a look at a few different forms of BTC betting and there websites.
The main form of gambling would be sports betting and casino games.
CloudBet – Cloudbet is one of my favourite betting sites it has a wide variety of sports to bet on and is very quick to pay out after a win. Cloudbet is very quick to process your deposits and withdrawals. The casino side of cloud bet is very nicely set out unlike some other websites and the casino games such as roulette have a very quick loading time and are fun to play.
The other form of Bitcoin Gambling is dice your odds of the dice to earn more money.
SafeDice has the lowest house advantage of 0.5%
Dice can be a quick fun intereactive betting experience to test your luck and earn some bitcoin.
Mining Bitcoin Without High Power Hardware.
Want to mine mine bitcoin but you don’t have a high powered rig to mine?
Well with Hashflare you can rent out there equipment to mine crypto.
Through the Hashflare website you can chose to mine Bitcoin (SHA-256), Litecoin (Scrypt) and Ethereum (ETHash)
The more money you put in to rent the more likely you will get more in profit, Processing power can be paid with BTC or USD. One of the many good features of Hashflare is that you can reinvest what you have mine back into Hashflare to earn even more BTC or after a while once you finally reach your withdrawal limit you can withdraw your BTC or Ethereum.
Sign up to Hashflare to find out more.
How to Buy/Sell Bitcoins in Australia With Minimum Effort.
(When you sign up with the Coinbase referrals linked below you receive $10 free bitcoins)
This post is about how to buy and Sell Bitcoins in Australia as easy as possible with little to no paper work involved the websites we will be discussing is (COINBASE) and (BTC MARKETS)
These websites are based on my personal experience of trying to buy and sell btc.
Coinbase requires standard information on first sign in and only 1 piece of ID to verify you.
Coinbase identification is very quick and you will be able to access the website shortly after.
Now this is a few downsides of Coinbase the main issue being the fee’s. I would not recommend Coinbase to anyone wanting to only transfer small amounts of bitcoin as there is a standard $3 network fee and about a 4% initial purchase fee.
Now there is some upsides to Coinbase such as being able to purchase bitcoin with a Credit/Debit Card and the quickness you receive those bitcoins. Coinbase is easy to use with multiple different coins such as Ethereum and Litecoin and can those coins can be held at the website as a temporary wallet.
Now you cannot sell Bitcoin from Coinbase if you are an Australian resident. But with BTCMarkets you can! Once again BTCMarkets is easy to setup and use. With a bank account setup you can withdraw your bitcoin > AUD easily and only takes a few business days such as other bank transfers.
You may also purchase Bitcoin through BTC Markets however it cannot be done with a Credit/Debit Card and has to be done through certain banks and in some cases they have a high minimum deposit.
So, the best easiest way to Buy and Sell Bitcoin is with a mixture of Coinbase And BTCMarkets.