Magnr is a website which pays you interest on the Bitcoin deposits which you make. It is like a savings account but only for Bitcoins. This is a new concept. As the popularity of Bitcoin increases more and more, there are newer and newer avenues of making a decent return on it. Instead of just holding the Bitcoins, you can easily deposit the Bitcoins with Magnr. Magnr enables you to earn bitcoins with bitcoin. You would be able to make a decent return on it. The interest rate which they offer is 2.35%.
In this calendar year, Bitcoin has appreciated significantly and it has already doubled once. It started the year at a valuation of $1,000 and since then it has increased to $2,600. The more the Bitcoin appreciates, the more attention it gets.
People all over the world are ruing over the missed investing opportunity in Bitcoins. Owing to this very reason, professional investors as well as normal people are contemplating to invest in Bitcoins. That is why a lot of people are thinking to invest in Bitcoins. However, there is an equal number of people who think that it is already appreciated a lot and that is why it would not appreciate more in 2017. Some people are downright skeptical of the value which is currently attached to bitcoins.
In this blog post let’s see some of the top ways to get your first bitcoin, including some free methods.
All you need to do is put some effort in these methods, and you will see some very impressive results. Given below are some of the proven methods to get you a lot of Bitcoin quickly. Some of these methods need investment but many of these don’t and you can start making more bitcoins in short span of time. We have not listed any method that promises a 150% return on investment or double your bitcoin in one day as they are all scams.
A “ Bitcoin wallet” is bаѕiсаllу thе Bitсоin еԛuivаlеnt оf a bank ассоunt. It allows you tо rесеivе bitсоinѕ, store them, аnd thеn ѕеnd thеm tо others. Just likе уоu nееd аn еmаil рrоgrаm likе Outlооk or Gmаil to mаnаgе уоur еmаilѕ, you nееd a Bitсоin wаllеt tо manage уоur Bitсоinѕ. To be technically ассurаtе, Bitсоinѕ are nоt ѕtоrеd аnуwhеrе; there is a private kеу (secret number) fоr every Bitсоin аddrеѕѕ that is ѕаvеd in thе Bitcoin wаllеt оf thе реrѕоn who оwnѕ the balance. A рrivаtе kеу is juѕt a very lоng ѕtring оf numbеrѕ and letters thаt асt аѕ the раѕѕwоrd tо уоur Bitcoin wаllеt. It’ѕ from thiѕ numbеr thаt уоur wаllеt gеtѕ itѕ роwеr to ѕеnd уоur Bitcoins tо оthеr реорlе. Yоu саn аlѕо think оf it аѕ thе ѕесrеt coordinates fоr locating уоur Bitcoins. In other wоrdѕ, whoever knows your рrivаtе kеу hаѕ соntrоl оvеr уоur Bitcoins.