Millions of users use the Ethereum system every day to make purchases or negotiate contracts.
The continuous increase in its price makes it attractive in several respects. Unfortunately, however, it often happens that you do not have sufficient capital to invest and you are therefore looking for an "alternative" way to reach your goal. This guide will try to guide the reader to acquire Ether in a totally free and safe way.
Ethereum: network and system
Ethereum is therefore similar but not the same as Bitcoin, as it uses an optimized blockchain for creating and trading smart contracts. Bitcoin, on the other hand, was created as a mere payment system. It can therefore be said that Ethereum has some smart contracts that are nothing more than a computer code created to facilitate the exchange of money, content, property, shares, or any other value. Once created and entered into the system, this program will carry out operations until it reaches its complete development. Since the Ethereum network is not controllable by anyone, the contracts cannot be modified, canceled, or counterfeited. Thanks to this security, smart contracts can be used for different purposes: insurance contracts, crowdfunding projects, and even the foundation of a company.
Smart contracts, in order to be negotiated within the network, use a currency called Ether. The latter will be usable as an exchange and payment currency within Ethereum.
It is currently the cryptocurrency with the most market capitalization, second only to Bitcoin. The value is around 350 euros and is constantly growing.
Before starting to store Ethereum, you need to create an e-wallet. These wallets are used to manage your capital, send and receive money. There are also multicurrency wallets in which multiple cryptocurrencies can be managed at the same time.
Once the wallet is created, there are more ways to get the first Ether.
The fastest method is to buy directly via an exchange. These sites allow you to exchange traditional currencies, such as the Euro or the Dollar, into cryptocurrencies (bitcoin, ether). Exchanges will obviously retain a small portion of the amount invested as a "tax". Usually, this is around 1% of the investment. The commission will decrease as the volume traded increases.
A more costly but much more profitable method is mining. By purchasing computers optimized for this process, considerable profits can be made. Mining is a crucial function of the Ethereum system. In fact, users will receive a refund by lending their computing power to the entire network. The greater the power provided, the greater the profit that can be obtained.
Ethereum: how to get free Ether
In addition to the methods described above, for which an initial investment is required, there are two other methods to earn Ether for free. Both allow you to receive small amounts of Ether at no cost. The first method is local mining, then using your home computer for the process. The second is through the use of faucet Ethereum, ie sites that provide Ether at regular intervals.
Ether gratis: computer mining
To be able to carry out this activity in a profitable way it is necessary to have a medium / high-end computer. If you don't have enough hardware, you risk not making a profit. Electricity expenses may in fact be higher than earnings in Ether.
The software can also be regulated and managed independently. It will be possible to turn the program on and off when you want and decide the percentage of power supplied. A high percentage allows you to achieve greater profits but risks slowing down your computer. Conversely, a low percentage makes less in economic terms but allows you to have a fluid PC.
Ether free: faucet.
The faucets, as mentioned previously, allow you to receive a small amount of Ether at regular intervals. These "taps" have been designed to allow anyone to enter the Ethereum world without any obligation and initial cost. The sites that offer this opportunity are rewarded by the many advertisements present. The user must have the patience to put up with dozens of advertisements before receiving the prize.
Usually, to start this procedure, it will be sufficient to indicate your Ethereum wallet address and start the process. The faucet will allow the user to receive portions of Ether every certain time, which can vary from 5 minutes to an hour.
To be able to obtain a decent profit, a lot of patience and, above all, perseverance is required. The single click will produce very few Ether, but if this sum is multiplied by 1,000, 1 million, or more, one can idealize achievable gain.
Obviously, before starting to use your time for a faucet, it is highly recommended to check its goodness. It is true that they do not require upfront investments, but wasting time on a scam site is annoying.
Ethereum could prove to be an excellent investment, as long as you know how to choose the best way to enter the system. If you don't have enough capital, you can still get Ether totally free. These methods are certainly attractive, but it must be considered that the time required to obtain an acceptable profit will be very long.
The profit will be a few portions of Ether which, at the current exchange rate, will be worth a few euros. Obviously, if the value of a single Ether were to continue to grow, these possibilities could lead to a substantial profit. And finally ... watch out for scams, such as the " beautiful and good " one called " ethereum code ".
No comments:
Post a Comment