7 Best Crypto Faucets (Apr 2023): How To Earn Free Bitcoin | Yore Oyster

What Is A Crypto Faucet?

A crypto faucet is a website that allows you to complete easy tasks to earn very small amounts of cryptocurrency, such as a couple of Satoshi. One Satoshi is equal to 0.00000001 BTC, and it’s the smallest subunit of Bitcoin available.

In most cases, you’ll be undertaking activity after activity on the website. These are typically brief, simple activities like solving CAPTCHAs, playing games, and watching videos. You’ll be paid a little amount of cryptocurrency once you’ve completed the task — that’s all there is to it.

The first Bitcoin faucet was created by Gaven Andresen, a Bitcoin Core developer at the time, to help spread Bitcoin to new users. When the first Bitcoin faucets were established, you could earn as many as 5 Bitcoins in one go.

(You certainly won’t earn an entire Bitcoin using them today, though.)

The currencies you earn with these platforms will generally be sent to a third-party micro-wallet after you’ve completed enough tasks. When you join up for a Bitcoin faucet website, most of the time a micro-wallet is created for you.

Crypto faucets works similarly to crypto wallets, but on a smaller scale, helping you avoid transfer fees after completing tasks. You’ll eventually want to transfer your funds out of the faucet’s micro-wallet and into a normal crypto wallet, though, as many micro-wallets have a 5,000 Satoshi cap.

How Do Crypto Faucets Make Money?

Bitcoin faucets pay out money received from advertisements. The faucet may continue to operate as long as the advertising on a website generates more income than the payouts.

What To Look For In A Crypto Faucet

There are several differences between crypto faucets, so you should carefully consider which one to use. There are certain things to help you decide which crypto faucet is ideal for you.

• Payment quantity: Most Bitcoin faucets pay out a small amount of Satoshi, usually anywhere from 50 to 500. While that may not seem like much, you can earn more by playing games and referring friends.

• Timer: This is the amount of time you have to wait between claiming rewards from a faucet. Most range from five minutes to an hour: if you want to maximize your rewards, choose a faucet with a short timer. This way, you can claim rewards more often.

• Supported withdrawal methods: Typically, you can withdraw your Satoshi to a micro-wallet and then transfer them to your Bitcoin wallet. Keep in mind that some faucets require users to complete KYC verification before withdrawing funds, so be aware of any terms and conditions before signing up for an account.

• Minimum withdrawal limit: This is the amount you must have in your account before you can withdraw it to a Bitcoin wallet. Most faucets have a minimum withdrawal limit, but some don’t. If you’re looking to quickly and easily cash out your rewards, make sure the faucet has a low withdrawal minimum.

• Referral program: A good referral program can help you earn more rewards. Look for a faucet that offers a percentage of what your referrals earn, or one that awards a bonus Satoshi for every new user you refer.

How To Get Your Cash App Bonus (The Easy Way)

1. Download Cash App and enter the Cash App promo code

   P6277F6

   .

2. Have a friend also download the app using the same code.
3. Link your bank account or debit card and deposit at least $5.
4. Send $5 to your friend, and then have them send it back. You’ll both receive the signup bonus immediately.

CLAIM MY BONUS

A Much More Profitable Hobby Than Crypto Faucets

The smarter, faster way to earn money quickly is to capitalize on the signup bonuses offered by various apps and services. If you open accounts with the right apps, you can earn $25/hour or more with very little effort and no money required.

There are plenty of apps offering signup bonuses, but here are three that I’ve found offer the highest bonuses for the least amount of effort:

1. Cash App ($5 bonus today + up to $30 later, 5 minutes required)
2. TopCashback ($25 bonus, 5-15 minutes required)
3. Fetch Rewards (3,000 points ($3) today, 3 minutes required)

What Are The Best Bitcoin Faucets?

Bitcoinker is a crypto faucet that offers free crypto in exchange for completing simple CAPTCHAs. You can earn up to 100,000 Satoshi on a 5-minute timer by solving CAPTCHAs here.

The average price at Bitcoinker is roughly 7 Satoshi, and they pay a 10% commission on all deposits. If you use the service for a long time, you may also be eligible for seniority bonuses of up to 30%.

The minimum amount to withdraw funds from the platform is 20,000 Satoshi, and withdrawals are made each week directly to a wallet of your choosing.

Features

• Bitcoin faucet that allows you to earn crypto quickly
• Has a very short 5-minute timer between crypto earnings
• Has a referral program
• You can earn bonuses on your earnings the longer you use the platform

Timer

• Crypto earning cooldown: 5 minutes

Withdrawal Limits

• Minimum withdrawal: 20,000 Satoshi

Best For

People looking for a simple Bitcoin faucet that lets you earn crypto easily and quickly.

FreeBitcoin is a crypto faucet that allows you to play a random number drawing game to earn Bitcoin every hour. It’s simple to begin, and hourly prizes can reach $200.

Before you can start drawing, you’ll need to set up a Bitcoin wallet so that you have somewhere to send your profits. For any new members that you refer, the site offers a 50% commission on the winnings your friends make for life.

Their Hi-Lo service offers top prizes of up to a whole Bitcoin, as well as additional cash incentives (in addition to the $10,000) for participants who win. They have a variety of wagering games with greater rewards, such as a Lamborghini.

However, wagering always carries a fair amount of risk, so it might be better to play it safe.

Features

• Rewards you with free Bitcoin every hour
• Allows you to earn interest in your crypto
• Generous referral program
• Free weekly lottery
• Wagering contests

Timer

• Crypto earning cooldown: 60 minutes

Withdrawal Limits

• Minimum withdrawal limit: $1.00

Best For

People looking to earn crypto safely, as well as for a chance to win a high crypto prize.

Cointiply is a crypto faucet that was launched in 2018 and allows users to earn rewards for doing various activities, including filling out surveys, watching videos, and clicking advertisements.

It pays out an average of 200 Satoshi per activity with a 60-minute timer.

You may receive rewards in both Bitcoin (BTC) and Dogecoin (DOGE), and you can earn more by playing with others. By referring friends, you may also earn extra rewards.

There’s also a 5% rewards rate if you keep your crypto in your wallet on the site after you’ve acquired it.

Features

• Earn crypto by doing simple tasks
• Allows you to earn crypto rewards in two tokens (Bitcoin and Dogecoin)
• Has a referral program that can multiply your earnings
• Allows you to earn interest in your crypto holdings

Timer

• Crypto earning cooldown: 60 minutes

Withdrawal Limits

• Minimum withdrawal: 50,000 Satoshi

Best For

People looking to earn Bitcoin by doing a variety of simple tasks.

Faucet Crypto is a crypto faucet that distinguishes itself by having a wide range of cryptocurrencies to earn, including a current list of over 20 coins.

You earn coins every 25 minutes by taking surveys, viewing videos, or simply clicking the claim button. You can also level up to improve your earnings, and you’ll receive a 20% commission on all lifetime revenue that anyone you refer makes.

Users can send their coins to a personal crypto wallet and receive payments straight from the blockchain. Faucetcrypto has over 1.5 million registered users and over 4 million withdrawals to its credit.

Faucet Crypto charges a 50 Satoshi withdrawal fee.

Features

• Allows you to earn crypto easily
• Has a wide variety of cryptocurrencies to earn
• Has a level-up system that can increase your earnings
• Has a generous referral program

Timer

• Crypto earning cooldown: 25 minutes

Withdrawal Limits

• Minimum withdrawal: 500 Satoshi

Best For

People looking for a crypto faucet with a wide array of cryptocurrencies offered.

Blockchain Poker is a free online game and crypto faucet that allows you to win real Bitcoin while playing poker. This site features single-table, no-limit Texas hold-em competitions where players may compete for actual Bitcoin.

You can play without having any Bitcoin since new users are given free Satoshi to get started. There’s also no sign-up required, so you may play anonymously.

If your balance of Satoshi drops below 50, you will be prompted to withdraw. You can increase the amount of Satoshi on your account up to 100 every 30 minutes if this happens.

Features

• Allows you to earn crypto by playing poker
• Doesn’t need a minimum investment
• Doesn’t need an account to be used
• Allows you to earn in 3 different crypto tokens (Bitcoin, Bitcoin Cash, and Bitcoin SV)

Timer

• Crypto earning cooldown: 30 minutes

Withdrawal Limits

• Minimum withdrawal: 100,000 Satoshi

Best For

People who like to play poker and want to earn some Bitcoin in the process.

SatoshiLabs is a Bitcoin faucet that pays out between 10 and 30 Satoshi every five minutes. You may make money by carrying out simple activities, visiting short links, and filling out surveys, and they plan to add web mining in the future.

The platform also has a referral program in which they pay 20% commissions on faucet rewards earned by friends and 10% commissions on offerwall leads.

Keep in mind that this isn’t the SatoshiLabs that created the Trezor hardware wallet.

Features

• Earn Bitcoin by completing very simple tasks
• Has a very short timer
• Has a referral program

Timer

• Crypto earning cooldown: 5 minutes

Withdrawal Limits

• Minimum withdrawal: 5,000 Satoshi

Best For

People looking for a Bitcoin faucet that pays out quickly and regularly.

RollerCoin is a crypto faucet that gamifies crypto mining. You design a pixelated mining character and participate in mini-games and activities to enhance your mining power after you register.

The more miners join your pool, the higher likelihood you have of winning. The payout rate is determined by the pool’s total mining capacity (EH/s of hashes per second), as well as the “power” of your character. Every 10 minutes, the Bitcoin block is divided amongst active participants.

You can withdraw daily in Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The platform pays a 25% referral bonus on Bitcoin mined, as well as 15% of purchases made by people you refer.

Features

• Allows you to earn crypto through playing arcade mini-games
• Daily withdrawals in three crypto tokens (Bitcoin, Ethereum and Dogecoin)
• Has a referral program
• Allows you to earn more crypto as you upgrade your character

Timer

• Crypto earning cooldown: 10 minutes

Withdrawal Limits

• Minimum withdrawal: 10,000 Satoshi

Best For

People looking for a platform that gamifies the process of crypto mining.

In Summary

Crypto faucets are a fun, easy way to earn a small amount of Bitcoin without putting in much effort. The problem with crypto faucets, though, is that you earn far less than $1 per hour, which means they aren’t worth your time, and there are far quicker, easier ways of making money.

I recommend capitalizing on the signup bonuses from these apps instead: