Taking surveys online for cash sounds like a easy way to make money. But is it too good to be true? Is it possible to earn Bitcoin for free?
I tried the best Bitcoin Survey site, BTC Surveys, to see what kind of profit I could make.
Overall, I found that it’s not a bad way to rack up some free Bitcoin if you have the patience for it.
Taking surveys earns you Bitcoin
I just want to start off by saying that Ive tried just about every way to earn bitcoin online. From online faucets, blogging sites like steemit.com that earn you pennies, day trading and arbitrage. Although there is money to be made from these methods, they’re far from being easy.
BTC Surveys on the other hand is by far the easiest way to earn bitcoin without investing. You really can’t lose because it costs you nothing but your time to start.
Typically, the longer a survey is, the more Bitcoin you can earn.
Most of the surveys require your gender, age, postal code, education, and annual income. Surveys require you to complete preliminary questions to see if you qualify based off your answers, such as purchases you’ve made recently, occupation and what brands you’ve heard of,..etc
Because many surveys are focused on finding a specific person, many preliminaries questions resulted in getting disqualified from a survey and redirected back to the btcsurveys.com page. This can be frustrating but as you gain more experience, you will know what answers to provide. So don’t give up, it gets easier as you learn.
The survey questions themselves seemed to be fairly genuine and easy to answer. I answered questions about my typical diet, brands of food and where I do my shopping. Sometimes the surveys contained multiple choice questions that are quick and painless, but none of them required much writing. There were also trick questions to make sure I was paying attention, like choose answer 3 regardless of what you think the answer is.
Some of the surveys asked personal questions but nothing that I would consider invasive. Any information collected is private and adheres to all regulations for data collection in America.
How much Bitcoin can you earn?
How much you can earn per hour depends on many factors. Geological location could effect what kind of surveys and how much they’re willing to offer. Each survey company conducting research has a targeted audience they want to study.
The survey that I completed for this article made me $1.40 USD in approx 7 minutes. Once in a while you will get lucky with a $5-7 survey that takes very little time. But for the most part, the surveys I completed paid out $.50 to $2.00 on average. btcsurveys.com pays a much higher rate than it’s competitor Swagbucks.
Plus, you get paid in Bitcoin instead of gift cards.
So are Bitcoin Surveys worth it?
To answer that it depends on what your goals are. If you want an easy way to accumulate Bitcoin without investing any money, than yes. If you want to get rich quick than definitely not.
If you can read, answer the questions quickly and have the patience, you could earn $10 and hour. If however you try it out and it’s not your cup of tea than I have many other methods of earning bitcoin online that I will share with you.
For more amazing ways to earn Bitcoin click here