What do I have to do? We can only automate payments to Coinbase bitcoin earn money, if you have a wallet managed by another provider, then you can transfer the balance from coinbase to your existing wallet after the payment is made. How do I earn the free bitcoin? Once you’ve created your coinbase wallet, and entered the wallet address above, then you will be presented with an activity to be completed, which will take less than 5 minutes.
10 USD per day in Bitcoin in a 24 hour period will result in a cancelling of your account. This is to prevent jobs being over-subscribed. There is no cash alternative, we only offer payment to coinbase wallets via bitcoin, we do not offer paypal, wire transfer or check payments. If you have a bitcoin wallet with another provider, then you can open a coinbase wallet, and transfer the bitcoin to your existing wallet, without extra charge. 10 USD per completed job, and we insist that each job can be completed within 5 minutes.
These tasks generally require a small level of technical expertise, and thus are not easily automated. Want to cash out your earnings to your bank account? Thank you for entering your bitcoin wallet address, this will be used to transfer your earnings to you. This USI-Tech review comes at the request of one of our readers. Here at The Finance Guy, we believe you can’t make money with MLM, but we are willing to be proven wrong! USI-Tech is a technology company, based in Dubai, which specializes in automated trading software. For 600 Euros, you could have purchased a lifetime access to their foreign exchange robot trader, which plugs into the popular MT4 trading platform.
We understand that as of November 2017, this product is no longer being sold to new members. In March 2017, USI-Tech released their bitcoin package, which enables clients to automate their mining and trading of Bitcoin. These payments are a combination of any profits generated and your original capital. These returns are after all fees charged. You’d struggle to find a better rate of return in the current investment market. We watched a video about the USI bitcoin package, which explains how it works.
Profits are made from mining alt coins and daily arbitrage trading of Bitcoin. Arbitrage trading involves trading Bitcoin on several exchanges and taking advantage of any differences in the price of Bitcoin between exchanges. If you are new to cryptocurrencies, then this probably sounds like some sort of foreign language. Mining is the infrastructure of any cryptocurrency. Miners provide the computing power to maintain the integrity of the currency. Miners can confirm transactions and accept any changes made to the currency through a ‘consensus’ system. As an investor, what you really want to know, is that mining cryptocurrencies can be profitable.
Miners earn an allocation of cryptocurrency every time they are the first to successfully solve an equation for new coins. The supply of cryptocurrencies is increased at a controlled rate, and newly minted coins are distributed to miners. We assume that they convert the alt coins to Bitcoin which is then paid out to investors who hold Bitcoin packages. The other way to potentially earn income from USI-Tech, is from their MLM referral system. Unlike any MLM we have looked at before, you can earn Bitcoin with USI-Tech without spending any of your own money. This is because they allow you to join USI-Tech for free. We set up a Finance Guy USI-Tech membership.
To unlock the full MLM incentive down to 12 levels, you need to buy 12 packages. At 50 Euros each, that’s an investment of 600 Euros worth of Bitcoin. USI-Tech members can buy tokens which will be converted into the new Techcoin once it officially starts trading. We will talk more about the tokens later. In order to earn commission on levels 2 – 12, you need to have 12 active Bitcoin packages. Once you have 12 packages, you will become a ‘distributor’.
As the people you have referred also buy their 12 packages, they will become distributors. This is similar to how most MLM compensation plans work. There is however one key difference with USI-Tech which we think makes it worthwhile to give them a shot. You can choose to risk as little as 50 Euros on 1 package, and then buy more packages once the commission and daily payouts start coming in. USI-Tech has an advantage over most MLMs because there is literally no upfront cost to join.
You are also free to invest as much or as little as you feel comfortable with. There is no pressure to buy product every month even if you don’t want or need it. We think that you won’t lose money with USI-Tech, but that doesn’t mean it’s going to make you a millionaire. If your referrals buy USI-Tech Tokens you will still earn commission.