The possibilities of using smartphones have expanded since their invention. In 2023, cell phones are pocket computers with powerful processors and capacious batteries. Smartphone resources can be used to earn bitcoins on an iOS phone. There are many ways to do this. You can collect coins on Bitcoin faucets, invest in assets and trade them. Analysts say that at the next round of growth of the cryptocurrency market, the price of BTC will grow to $100 thousand. It’s the right time to accumulate coins.
How you can earn bitcoins on your iOS phone
There are services that pay BTC for performing simple actions:
- Viewing ads.
- Entering captcha.
- Passing levels in games.
- Participating in tournaments.
In 2023, iPhones with 64-bit processors can be used to mine digital coins. The performance of smartphones is 9-35 H/s.
The efficiency of Bitcoin mining on iOS is low due to the complexity of the network. But small money without investment can be earned.
Registration in services for collecting satoshi is simple. It is enough to specify your email and bitcoin wallet address. The standard algorithm of profile activation:
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- Start a BTC-wallet. You can create an account on the exchange or use non-custodial services.
- Find reviews about the resource. Users often share opinions about platforms on forums.
- Download the application in the App Store.
- Authorize in the personal cabinet via e-mail. Specify the address of the wallet.
After registration, you can immediately perform tasks and receive an award. Developers also reward active users with satoshis or native tokens for completing quests in games, as well as participation in the referral program.
There are other ways to earn bitcoins on iOS in 2023. For example, you can use the resources of the iPhone for mining. All relevant options are collected in the table.
| Direction | Projects | What you need to do | How much you can earn |
|---|---|---|---|
| Bitcoin faucets | FreeBitcoin, hi Dollars | Enter captcha on the site, participate in contests. | For each request pay 2-300 satoshi. Coins can be received at intervals of 1 every 15-60 minutes. |
| Mining | MobileMonitor | Install and run the application. Classic cryptocurrency mining on the iPhone is fully automated. | Earnings will amount to 200-800 rubles per month (at the exchange rate of BTC $29.8 thousand). |
| Investments and trading | Binance, Bybit, Huobi | Participate in the distribution of cryptocurrency. Perform simple tasks in social networks. Received coins can be multiplied in trading transactions or invested at interest. | Trading platforms give away $1-20 to beginners. Profit from trading and investment depends on the strategy. |
| Apps with games | Bitcoin Billionaire, Alien Run | Pass levels in games. Some apps run tournaments with satoshi rewards. | No more than $1 per day. |
| Referral programs | SolidTradeBank, 8bit.ltd. | Refer new users through a personalized code. | Up to 20% of the earnings of referrals. |
Earned cryptocurrency can be converted to fiat through an exchanger, managed or decentralized exchanges. Small amounts are more profitable to convert on CEX. Platforms charge 0.1-0.4% for the exchange. The minimum transaction amount is $10. DEX are favorable when exchanging large amounts of cryptocurrency. They charge a fixed commission regardless of the transaction amount ($1-$10).
To increase income, you can hold coins with the expectation of growth. For these purposes, non-custodial wallets are more suitable. Such services do not store private keys, but transfer them to users. For profit, you can also lock the asset in staking or invest coins in DeFi.
Bitcoin faucets
There are resources with regular giveaways of small amounts of bitcoins in exchange for simple actions: entering captcha, watching ads or participating in a lottery. You can request coins once every 15-60 minutes.
Such sites place a lot of advertisements that users can view while requesting coins. In order for the banner to reach the target audience, the administration of bitcoin cranes prohibits the use of bots. To protect against them, you need to enter captcha each time you request coins. Examples of Bitcoin-cranes for iPhone are FreeBitcoin, hi Dollars, Sperax Play.
Mining
To mine cryptocurrency on a smartphone, you can use programs that copy the functions of standard hardware. For example, the MobileMiner app is compatible with 64-bit processors. In 2023, it can only be installed on iPhone 7 models and above.
Apple opposes the use of gadgets for cryptocurrency mining. Therefore, there is no active development of new programs. Existing applications do not allow you to mine bitcoin due to the high complexity of the network. Only unpopular coins can be mined on the iPhone – for example, Bytecoin. The asset is traded on exchanges Gate.io, CoinEx, HitBtc, Poloniex and others. There BCN can be exchanged for BTC or fiat.
Mining on iPhones is fully automated. The user only needs to install the application. The program allows you not only to earn, but also to communicate with other participants in chat. The advantages and disadvantages of this method of coin mining are as follows.
| Pros | Minuses |
|---|---|
| Simple use | Low profitability |
| Automatic mining of cryptocurrency | The iPhone wears out quickly |
| You can get skills of mining | It is difficult to perform other tasks during mining, and the smartphone often hangs up |
| There is a high risk of downloading malware |
Investing and trading
Money earned from apps can be multiplied by investing or trading. In 2023, almost all popular stock exchanges are available on iPhone. Trading platforms give bonuses for registration, conduct coin giveaways to attract new users. Some services pay users for watching training videos (Binance, OKX, Coinbase).
Earned BTC can be exchanged for promising altcoins, used for trading and investment. Large exchanges have low thresholds. entry You can start trading on futures with a leverage of 20-50 from $1. Experienced traders recommend adhering to risk management and not to use all the capital in one transaction To secure your deposit, you should start trading with $20-40. Popular trading platforms in 2023 are Binance, Huobi, Bybit.
Exchanges offer a large number of tools for investing.
You can lock coins in the staking protocol at a percentage. Payouts will arrive every day to the internal wallet. This money can be withdrawn or reinvested. When active, the system will place coins in the protocol every day. The standard algorithm of actions to start steaking is as follows:
- On the website of the exchange go to the Earn/Staking section.
- Select an offer.
- If the balance does not have the desired cryptocurrency, it can be bought for USDT or BTC in the Trade section.
- Click on the Staking button and specify the number of coins.
- Confirm the operation.
Major exchanges provide access to decentralized applications. On DeFi, users have access to such features:
- Supply liquidity at high interest rates.
- Trading NFT objects.
- Issuing and receiving cryptocurrency loans.
Apps
In some games, developers pay participants a reward in bitcoins. These are usually three-in-a-row entertainment, arcades, simulators, and solitaire games. Players receive satoshis for passing levels and participating in tournaments.
Such applications have disadvantages:
- You need to view a large number of ads.
- You can withdraw money only to Coinbase and FaucetHub wallets.
- The difficulty of earning increases when passing levels.
- During the growth of bitcoin, the program hangs.
Developers more often release cryptocurrency apps for Android because of the low requirements of Google Play. Owners of iPhones can be sure that programs for earning BTC placed in the App Store are safe. Popular projects in 2023 include:
- Bitcoin Blast is a classic game from the “Three in a row” series. Satoshi are awarded for passing levels. Disadvantages – long loading time and ads every 30 seconds of gameplay.
- Bitcoin Billionaire is a mining simulator. To win, the user will have to pump the character (for real money or game currency). The reward is paid in satoshis.
- The Crypto Games is an economic strategy. The user develops his city. Earnings are credited in native currency. It can be exchanged for satoshis.
- Alien Run is an arcade game in which you need to take the character out of the maze. For this, the user receives satoshis. Players note that with each new level, the tasks become more difficult. Therefore, it is not possible to earn more than $1 per day.
- Worldopo is a meta universe simulation game. Users build worlds and get rewarded in satoshis.
- StormX is a logic game. Participants are paid for correctly solving puzzles. You can earn Ethereum, Litecoin, Dai and StormX.
Referral Systems
Earn Bitcoin from iPhone without investment can be in affiliate programs. Services pay active users for attracting new customers. The reward is accrued in BTC or native tokens. The internal currency can be exchanged for bitcoin after accumulating the minimum amount.
To participate in the referral program you need to get a personal link or code, Income comes from the activity of invited participants. Examples of services with good incentives are SolidTradeBank, 8bit.ltd. In affiliate programs you can earn up to 20% of the referral’s profit.
Income from mining on iOS
Owners of iPhone 7 and above can install a mobile application for mining cryptocurrency. In May 2023, this way you can earn 200-800 rubles per month (2.5-9 thousand RUB per year). At the price of an iPhone 31-270 thousand rubles, mining digital koins can not be considered profitable.
In addition, a large number of fraudulent projects have appeared, which are distributed under the guise of miners. Therefore, Apple prohibits placing programs for mining cryptocurrencies in the App Store.
Where to download applications for iPhone
In 2018, the App Store introduced a restriction – applications that lead to rapid battery drain and overheating of the device are forbidden to distribute through the site. Therefore, programs for mining can be downloaded only on the developer’s website.
Online games, bitcoin cranes and mobile versions of trading services are available in the App Store. The applications in the store are verified. Users can be sure that the programs are safe.
Pros and cons of earning BTC on iPhone
iPhone owners can earn a small income in cryptocurrency without investment. To do this, you need to perform simple tasks (watch ads, enter captcha). If you simultaneously use several applications, you can earn up to 1.5-2.5 thousand rubles per month. This requires at least 6-7 hours a day. Therefore, such income can not be considered the main income.
In 2023, the iPhone is also used for mining. However, the economic efficiency of this activity is very low. It will be possible to earn no more than 10 thousand rubles a year with a constantly running application. Apple is against mining on its gadgets.
Given the high cost of smartphones on iOS (30-290 thousand rubles), each owner must decide for himself whether such ways of earning bitcoins are suitable for him. Perhaps it is more profitable to invest a small amount in cryptocurrency, part of which can be received for registering on crypto exchanges and attracting new users.
Frequently Asked Questions
π± Where can I download an app for mining on my iPhone?
The App Store does not support programs that cause devices to overheat.
β How does mining affect the iPhone?
Devices are not designed to work constantly under high loads. Smartphones overheat. This reduces their lifespan.
π² Where is it better to store the earned cryptocurrency?
Coins can be placed in centralized and custodial wallets. The choice of storage depends on the user’s goals.
π΅ How to withdraw bitcoins into fiat?
Coins can be sent to an exchange with support for national currencies (Binance, Bybit), to a classic or P2P exchange.
π» Is it possible to earn BTC with an iOS phone?
The complexity of the Bitcoin network does not allow you to mine the asset on mobile devices. In 2023, iPhone owners can mine Bytecoin. The coin is traded on centralized exchanges, including in pair with BTC.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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