On Monday, Bitcoin hit an all-time high, beating its prior high from December 2017. Most people would agree, the flagship cryptocurrency is in much better shape now than it was three years ago. It boasts a massive portfolio of investors and significantly higher market cap (due to mining). In 2017, Bitcoin’s investors were almost all retail investors and speculators, but now Bitcoin is attracting powerhouses like PayPal, Square, Grayscale, JP Morgan — who are betting bitcoin will outperform gold — and softer scrutiny from central banks and governments. Institutional investors are now recommending 1-10% allocation to Bitcoin, as a hedge against the failing U.S. dollar in the midst of the pandemic. Some well-known investors are hedging as much as 75% of their net worth.
One of the biggest obstacles of bitcoin is that it's still hard to buy without a bank account. Started in 2018, Redeeem provides a fast, safe and easy way to buy and sell gift cards with bitcoin, connecting traders from all around the globe through a self-custodial wallet and peer-to-peer exchange with no banks, no borders, optional KYC (required at higher limits), and higher quality gift cards. Less than 2% of the gift cards sold on our platform are refunded, and we have a decentralized dispute system in place to catch scammers. We are always thinking of new ways to help unbanked, underbanked, and overbanked earn bitcoin. Here are six ways to earn bitcoin without a bank account using peer-to-peer (P2P) gift card exchange, Redeeem.
1) Shop: Save 15% or more on Amazon, Walmart, eBay, Uber, Starbucks, Whole Foods, and 50+ other brands using bitcoin to buy discount gift cards.
2) Dropship: Buy discount gift cards on Redeeem using bitcoin and then buy products that you can resell on P2P marketplaces like eBay and Shopify.
3) Arbitrage: Buy discount gift cards on Redeeem and resell them on other gift card exchanges for a profit using easy Automation tools.
5) Refer Friends: Earn 1% of bitcoin trading volume for each friend you refer to Redeeem through our Rewards program.
As a bonus, Redeeem will occasionally send free BTC (airdrops) to KYC Verified users with high quality scores as part of our anti-fraud policy. Learn how to safely trade bitcoin, altcoins, stablecoins, and other digital assets by reading Telegram and Twitter, or buy and sell discount gift cards with bitcoin today.