Lightning Speed: 5 Ways To Make Money/ Earn Sats Using The Lightning Network

2 years ago

Earning sats for the archetypal clip is simply a magical acquisition and NewsBTC is present to usher you done it. The Lightning Network gave bitcoin existent micro-transactions with highly debased fees. That opened up caller avenues for the bitcoin web to grow through, avenues that the satellite is conscionable opening to explore. In the pursuing text, we volition contiguous 7 projects that wage their users oregon allows them to get tips from the community. In sats, utilizing the Lightning Network.

Unlike astir altcoins, bitcoin is genuinely scarce, has a hard full cap, and wasn’t pre-mined. The rewards that the pursuing projects connection are debased compared to million-dollar NFT collections and unreal 20% yields. However, you volition gain existent bitcoin by exploiting your hobbies. Cross your fingers, let’s anticipation this archetypal usher has thing for you. 

Before advancing, though, let’s punctuation Stacker News’ FAQ for a explanation of sats AKA satoshis. “Sats are the smallest denomination of Bitcoin. Just similar determination are 100 pennies successful 1 dollar, determination are 100,000,000 sats successful 1 Bitcoin.”

1.- Earn Sats Playing Games With Thndr

Go to Thndr, download and play classical games, similar Snake, oregon caller and archetypal ones similar Turbo84 oregon Bitcoin Bounce. Because of Android App store’s restrictions, the institution can’t springiness you sats directly. You tin gain them, though. “Each summons you cod is an introduction into the regular prize draw.  The much tickets that you collect, the much chances you person to triumph the bitcoin jackpot.”

It surely beats playing retro videogames and not getting paid for it.

Thndr → https://www.thndr.games/

2.- Get Tips For Your Pictures With Starbackr

Publish your pictures and videos and get rewarded by the assemblage on Starbackr. Tips successful sats mightiness not beryllium the perfect mode to enactment creators, but past again, possibly it is. Let’s experimentation and spot what the marketplace says. And speaking astir experiments, it seems similar this work is conscionable the archetypal signifier and not Starbackr’s last form. The company’s About Us says:

“We physique the level of prime for integer contented creators with instant payments, debased friction, and escaped of motivation censorship. Building connected the Bitcoin Lightning web allows america to present a contented monetization level that is dramatically little expensive, faster, and much creator-friendly.”

So, don’t suffer religion if you’re not a photographer. We mightiness perceive from caller services from Starbackr again successful the not-so-distant future.

Starbackr —> https://app.starbackr.com/

BTC terms illustration for 09/01/2022 connected Bitstamp | Source: BTC/USD connected TradingView.com 3.- Get Sats For Your Content In Stacker News

Stacker News is simply a bitcoin-focused Hacker News clone that rewards contented curation and production. The mode it accomplishes this is the cardinal quality betwixt the 2 sites, “Rather than collecting “upvotes” that are not redeemable oregon transferable connected Reddit oregon Hacker News, Stacker News users gain sats that tin instantly beryllium spent anywhere,” their FAQ says

Each upvote oregon remark that your contented gets rewards you with 1 sat minimum. Publishing is not free, though, it besides costs 1 sat. This is 1 of the astir evolved projects connected the list, truthful there’s an system astir it and the squad has developed caller functionalities. For example, you tin wage to boost your contented and users tin boost their upvote by rewarding much sats. 

Stacker News –> https://stacker.news/

4.- Cut Clips From Your Favorite Podcasts In Fountain

Fountain is simply a Podcasting 2.0-enabled app that distinguished itself from the assemblage by allowing users to gain sats. You tin perceive to sponsored contented and advertisement. Alternatively, you tin remark oregon chopped clips from your favourite podcast. If users similar those comments oregon clips, you get a cut. Plus, the restitution of aiding successful the promotion of your favourite podcast. 

Mind you, different anticipation that Fountain and akin apps supply is that you tin nutrient a podcast and get rewarded by the assemblage nether the Value-for-Value model. The obstruction of introduction is overmuch higher, sure, but podcasting mightiness beryllium your calling. 

Fountain → https://www.fountain.fm/

5.- Trade Derivatives In Sats Through LN Markets

If method investigation is your forte and cardinal investigation excites you, LN Markets offers an casual mode to play the markets. “Trading is done straight from immoderate Lightning wallet and enables ace accelerated entree to derivatives markets. Open a presumption by making a Lightning transaction, adjacent the presumption and person the wealth straight successful your wallet,” their FAQ clarifies.

Open a trading presumption lone if you cognize what you’re doing, though. At slightest ticker a fewer NewsBTC Daily method analysis episodes to kickstart your learning process. Or usage LN Markets successful testnet, which is besides possible. Whatever you do, retrieve that playing the markets comes with inherent hazard and that adjacent the astir experienced traders endure devastating losses. Don’t usage wealth that you can’t spend to lose. 

LN Markets → https://lnmarkets.com/

Before closing, immoderate of these services presume that you already person a Lightning Network-specific wallet. Go and larn however to acceptable 1 up earlier interacting with them. This closes NewsBTC’s archetypal usher to making wealth done the Lightning Network. If you privation much contented similar this, archer america done NewsBTC’s societal media channels.

Featured Image: Bitcoin Bounce screenshot from Thndr Games | Charts by TradingView
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