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Free Bitcoin: How to enter Luno BTCCoin sweepstakes and how to buy the cryptocurrency

 3mins read 

Lisa Tendon Janet

Crypto entrepreneurs


If you’ve been wanting to start your cryptocurrency journey, there is an ongoing contest that may give you some motivation.

Luno Crypto is giving away up to $250,000 worth of Bitcoin. You are automatically entered once you create an account, which you can do on Luno Crypto website here.

One winner will be awarded $250,000, six winners will be awarded $25,000, and 1,000 winners will be awarded $100 — all in Bitcoin. Winners will be notified around Nov. 29.

In addition to the contest, all new users receive $5 worth of Bitcoin for free upon verification of ID.

The sweepstakes is available to all U.S. residents, except Hawaii, D.C. and U.S. territories.

If you already have a Luno (about Luno) account, there’s still a way you can enter — by mail. You can find detailed information and directions here.

One Bitcoin is currently worth over $63,000, according to real-time data tracked by CoinMarketCap (market capitalization is constantly changing). Its market capitalization is currently over $1.1 trillion.

What is Bitcoin?

Bitcoin is currently the largest cryptocurrency and the first to be widely adopted, according to Luno Crypto. It was created in 2008 by Satoshi Nakamoto, a pseudonymous person or team.

Cryptocurrency is a digital asset designed to be used over the internet. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.

How do I invest in Bitcoin?

Once you create an account, then fund it our specialist “will roll over your funds from an existing retirement fund,to execute the self-directed trade, and move your coins securely into a digital wallet,” according to its website.

To invest, you don’t have to buy one entire Bitcoin, you can buy just a fraction.

What is crypto currency is a digital asset designed to be used over the internet, according to Luno Crypto. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.

If you’re interested in investing in other cryptocurrencies such as XRP, Ethereum and Tether, here are some options to get you started:

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