Ever since bitcoin has become popular, people’s interest in this digital currency has increased, and more and more people want to get Bitcoin. There are two ways through which you can get Bitcoin. Either you can buy bitcoin, or you can get bitcoin freely without purchasing it in the first place. If you want to buy bitcoin, then you need to visit a legit cryptocurrency exchange where you can purchase the amount of BTC you want. But the question is how you can get free bitcoin? There are many people who want to earn free Bitcoins, but they don’t really know how to do that. These people are actually those who don’t know anything about Bitcoin faucets. That’s why they haven’t got so far the opportunity to earn free bitcoin. A Bitcoin faucet is basically a platform where you can earn free bitcoin by doing some tasks. If you are eager to get some free BTC, then you should know about Bitcoin faucets and how they operate.
Although the idea of bitcoin faucets is relatively new in the world of cryptocurrency, it has been a major success. Many people have reacted very positively to it, and so far, it is rising as a good alternative to earn Bitcoin. The purpose of writing this article is exactly that, to inform the readers about Bitcoin Faucets. As a trader or an investor, it is important that you are always aware of the possible options you have for increasing your investments and profits. This is why we chose to write this article after extensive research. Readers will get to find out what a bitcoin faucet is, how to use bitcoin faucets, which ones are the best, and other things too. So continue reading to find out interesting information about the latest trend in the market.
What Are Bitcoin Faucets?
Bitcoin faucets are basically websites or applications that provide users with an opportunity to earn free Bitcoin by doing some activities and completing some tasks. Once you go onto a bitcoin faucet’s site, you get the chance to earn Bitcoins. All you have to do is perform certain tasks that will allow you to earn coins, and this involves no risk, which is why a lot of people do prefer this method over investing in cryptocurrencies.
Some of the tasks that you can perform are playing games, solving captchas, watching advertisements, filling out surveys, downloading different apps and other tasks too. These are very simple tasks that do not take a long time to be completed, and in return, you can earn a pretty handsome amount of coins.
The origin of bitcoin faucets goes back to 2010, which was the year that faucets that helped users earn free bitcoin were first introduced. And Gavin Andresen was the person who had created these bitcoin faucets. The main purpose was to gain further recognition for bitcoin, and the main and only reason that this method worked was due to coins being given away for free. Satoshi is the name given to a number of bitcoin, and through bitcoin faucets, users can earn these by completing such simple tasks.
However, one thing that people should keep in mind is that there is no risk involved in earning coins through bitcoin faucets. Rather it is such a safe way. This is because users are not required to invest anything, which erases the chance of them getting scammed and losing funds. And the only downside of bitcoin faucets is that the payouts are very low, and this is not the case when you invest in coins, but free coins are a good opportunity.
How Can You Earn Bitcoin From Bitcoin Faucets?
If you are looking for a very simple and easy way to earn coins, then you are at the right place. Reading this article is going to tell you exactly what you need to do in order to be successful while using faucets. Faucets are not as difficult to use as they sound, but rather this method is much simpler than the usual way of trading and investing. All you have to do is follow these three steps, and you will be able to earn coins really easily.
First step: before you do anything else, you have to remember to sign up for an online bitcoin wallet. The point of getting a bitcoin wallet is so that you have a place where your coins can be kept. But it is very important to choose an option that would be secure because the wallet has to be safe enough for you to store all your coins. So the top two best wallets to use for bitcoin faucets are Blockchain.com wallet and Coinbase wallet. These two wallets are very easy to use and are not complex in any way. These are also accommodating for users as well.
If these two options are not suitable for whatever reason, then you can also choose a micropayment wallet. All you would have to do is sign up for it and start using it to deposit your coins. The good thing about the micropayment wallet is that it is designed so that it could be compatible with faucets. Therefore you do not have to worry when they visit. Lastly, CoinPot is another really good option as it provides utmost security.
Second step: so the first step included having a wallet. Once you have gotten it, all you have to do is make an account on a faucet site. Then once you have the account, you can use it to earn money. Now the trick is that if you want to earn satoshi from these faucets, then you have to make sure you access different faucets. So if you want to earn a few extra coins, then all you have to do is make lots of accounts on faucets. If you have made accounts on many different faucets, then this will allow you to earn coins from all of them. There are many benefits to choosing this method to earn. Firstly, you are not losing anything, you do not have to invest any money anywhere, there are no risks to what you are doing, you will be able to maximise your profits, and you would be earning so many coins in such a short time,
Third step: once you have acquired a bitcoin wallet and you have made an account on faucets, then all you have to do is log in daily. The best way to make use of this opportunity is if you set aside a certain time for bitcoin faucets daily, and during this time, you can log into these faucets you have made accounts on. Then all you have to do is complete the activities they have asked you to do so you can earn the free coins. Let’s say a bitcoin faucet requires you to solve a captcha, just remember that once you complete a captcha, you have to wait a certain while before you can attempt the next one. The break can range from 5 minutes to 1 hour, but this varies from faucet to faucet.
What Is Meant By A Micro Wallet?
This is basically another name for multicurrency wallet, and it is completely free to transfer coins. The multicurrency wallet does not have any fee for when you want to transfer coins. A good thing about it is that transactions are immediate, and this saves you from experiencing scams. One of the micro wallets that are well known for faucets is CoinPot, and it is a really good one, as it is simple to use and quick.
Bitcoin Faucets That Pay Well
We have discussed what a bitcoin faucet is, how to use one and the perks that it comes with. The next important part is for you to know which bitcoin or crypto faucets pay well and are worth the try. So let’s find out.
Why would a trader or bitcoin enthusiast want a high paying faucet? To simply answer your question, people are already aware that the market has platforms such as faucets that allow their users to earn bitcoins for free. So by having a platform that allows users to earn a very high number of bitcoin increases its popularity and engagement within the market. Coinpayu is at the top of the list of bitcoin faucets that pay really well. Many customers say that it is the best bitcoin faucet they have worked with in terms of experience and the amount that they are able to earn.
The way this faucet works is by allowing its users to earn coins for free if they watch advertisements that are posted or they complete offers. Though these activities might seem very simple and insignificant, the rewards that they generate are pretty huge. If an individual just watches the ads that Coinpayu suggests, they can collect an amount of 1000 satoshis. This is a really big amount and that too for free, and factors like these attract customers to a faucet.
Another way that users can earn coins is if they take part in the affiliate program. Coinpayu provides its users with this opportunity so that they have a number of ways to earn coins, so all you have to do is invite people to join Coinpayu to earn free coins and that way, you would get rewards too.
When you go through the market for bitcoin faucets that pay their users really well, you will come across many names. Cointiply is one of them, and it has become quite popular in the market for its unique offers. This platform is a next-generation one as it is really progressive and up to date with the modern changes and developments due to technology. Users of this platform are really lucky because they get the chance to earn satoshis every day, and this amount is not less like you might be thinking. But you can earn 1000 satoshis on a day to day schedule.
Users of Cointiply can earn coins for free by performing the tasks given by the company. These tasks and activities are very entertaining, and they also include worthy rewards. Cointiply has achieved a huge number of users by now due to its high returns. Statistics show that so far, an amount of $45,000 has been given to its users.
Cointiply does not limit its users, but instead, it provides them with many ways to earn coins. This includes downloading games, completing surveys, visiting websites, completing tasks and playing games for fun. Another activity that is quite common on Cointiply is to play the multiplier, which basically multiplies your coins to 61X.
Users of Cointiply can also get the chance to earn a commission of 25% if they complete the referral programme. You can also receive a 10% commission if you have any offer earnings. But this is not where Cointiply stops with its amazing opportunities for customers to earn free coins. One other offer is that if your earning reaches a level of 35,000, then you become eligible for an interest of 5% on the coin balance. If you are interested in the loyalty bonus activity, then you can increase it to 100%. This way, your loyalty bonus will be at the highest possible level, and all you would have to do is sign into the account every day.
· Bitcoin Aliens
If you are a user that is on the search for some really unique and exciting experience that would also result in earning free bitcoins, then you have to choose Bitcoin Aliens. This site is one of the most popular ones in the market, as no other bitcoin faucet is designed in the way that Bitcoin Aliens is. This platform has attracted many gamers, as the platform is designed in a way that gives a sense of gaming. This has been really different from the rest of the platforms, and it was first introduced in 2014. So it has been in the market for a very long time, and ever since then, it has rewarded its users with over 7 million USD. The platform was always huge, but it also has a huge fan following. It has more than 2.5 million users.
Another interesting thing about this bitcoin faucet is that it has a number of gaming applications. Users can access these to earn free coins too. All you have to do is download the Bitcoin Aliens game and then play the games on it. This will give you the chance to earn satoshis, and this faucet is really well paid as users can earn up to 4300 satoshis within an hour. So far, this is the highest amount we have seen across the top faucets.
Freebitco.in Faucet is an amazing platform, too, and that is why it has to be mentioned on this list. In 2020, there were a number of bitcoin faucets that were listed as the best-paying faucets, and FreeBitco. was mentioned in the list too. If you are interested in this platform, then you just have to be ready to play some games because that is all you need to do to earn coins.
When you visit the site, you will realise how user friendly it is. The platform is very simple and easy to use. The games that you have to play are also very simple and entertaining, and there are a number of games that you can play per day. A user can also earn bitcoin worth around $200 within one hour. But if you are interested in earning more than that, all you have to do is play the HI-LO game. This game was developed by the site, and a mixture of cryptography and maths was used to make it. A good thing about it is that it will help you to multiply the coins really quickly.
Another way you can increase your earning is if you deposit your coins into the FreeBitco.in wallet and do this regularly. This method allows users to earn an interest of 4.08%, and you can win lotteries on a weekly basis. The last option is if you prefer the platform to others, you get a 50% commission as well.
If you are in the search for a platform that has an amazing reputation and is recognised for its success and really good services, then BTCClicks is the choice for you. It was first introduced in 2013, and ever since then, it has continued to rise as a bitcoin faucet that is really reliable. Users can earn free coins by watching ads regularly. They can also participate in other activities and this way you would get the chance to earn a good number of satoshis.
For those of you who are in the search for a platform that promotes a really simple way of earning bitcoins, then do consider BTCClicks. It has made sure that the platform has no complex features that would confuse users, but instead, users can easily earn coins. The rate that has been set for the referral or affiliate programme is also pretty high, and other than that. The platform is just reliable as a whole.
Who would not want to earn free bitcoin? I am sure everyone would love to and that no one would pass on this offer. This list includes all the BTC faucets that are really successful and popular in the market. Users can choose any one of them and easily start earning free coins. Though this list only discusses five bitcoin faucets, there are many more which have good services and are well known in the market.