Want to Earn Free Bitcoins? Here Is the List of Legit Bitcoin Faucets.
Do you want to earn free Bitcoins?
You probably think I’m crazy, but what if I say there is a way you can earn free Bitcoin.
And the way is through Bitcoin Faucets.
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What Is Bitcoin Faucet?
Bitcoin Faucet is a website that gives you fractions of Bitcoins (Satoshis) in exchange for completing some simple task like watching ads, filling up forms.
Meaning Bitcoin faucets are not giving you Bitcoin completely free out of thin air, but it is worth giving a shot if you don’t have enough money to pay for bitcoin.
Using Faucets, you can exchange some of your free time to complete the tasks to earn the Bitcoin.
The first Bitcoin Faucet made by the Bitcoin Core developer Gavin Andresen in 2010 to promote Bitcoin to the general public, and believe it or not, that faucet dispenses 5 whole Bitcoins to each user.
Now Bitcoin Faucets became more business-oriented by promoting several marketing campaigns.
How Does a Faucet Work?
Faucets work simply by promoting a product or getting some valuable data from you in exchange for rewarding you.
To sign up for the faucet, they require some personal details like your email, name etc and wallet address for sending rewards.
But you don’t get a reward immediately when you complete the task. First, the faucet stores your reward in a micro wallet which is only capable of storing small amounts of Bitcoins. When the micro wallet is filled with rewards earned, they are sent out to your main wallet.
In some Faucets, you don’t have to sign up for a micro wallet. It is automatically created upon registration.
That’s a pretty straightforward process though but as you know, the digital world, especially cryptos, involves a lot of shady practices, so you have to keep your eyes open on the terms while dealing with faucets. Here are the main terms to look out for:
Claim amount – How many Satoshis do you get per claim?
Timer – How long do you need to wait between claims?
Minimum withdrawal – What is the minimum amount from which you can withdraw your balance?
Withdrawal method – Are payments done directly, or through a micropayment wallet?
Referral fee – What’s the fee you get for referring new users to the faucet?
Even to make your decision easier, I’ve listed trustworthy Bitcoin faucets.
List of Bitcoin Faucets.
Cointiply is the new player in the market, started to operate in 2018 February.
They claim to have paid over $1.2 millions to 99,000+ faucet claims.
Using Cointiply, you can earn Bitcoin using different ways such as installing apps, completing surveys, rolling the faucet, watching videos, visiting advertiser websites, playing games, chatting with crypto enthusiasts, and even you can earn interest if you deposit or save coins.
You can make a withdrawal in the Dogecoin, Dash, Litecoins wallet, the minimum withdrawal amount is 30,000 coins, and to Bitcoin wallet, where the minimum withdrawal limit is 50,000 coins.
Satoshi Quiz is a quiz website made for trivia lovers giving satoshis as a reward.
If you like trivia, then you’re gonna love this site.
To use the site, you have to register and answer the questions appearing continuously each minute.
For answering questions, you get 10 lives at the beginning of every hour. If you give an incorrect answer to a question, the life count decreases by one. When life reaches zero, then you cannot attempt more questions until you get 10 new lives at the beginning of the next hour.
However, this doesn’t mean you win a reward whenever you answer within the time frame; to win the reward, you must be within three people who gave the correct answer first.
The minimum withdrawal amount is 11,000 satoshis, and payments are processed once every week on Sunday.
BTCClick is a reputed Bitcoin PTC (Paid To Click) website operating since 2013.
You can earn Bitcoin simply by watching ads on BTCClick.
The ads are 10 to 60 seconds long, and the longer the watching time would be, the more you will get paid for it. You can watch more than 20 ads initially, and then you will have to wait for a few hours for new advertisements.
All payments are done in mBTC (millibitcoin), which is one-thousandth of a Bitcoin.
And the minimum withdrawal amount is 0.10000 mBTC. There are no charges for withdrawal.
Coinpayu is another PTC website like BTCClick.
But the difference is you can view different types of ads like video ads, window ads, or just surf advertiser websites.
Not only ads, you can also earn by completing surveys.
You can withdraw earnings in different coins like Dogecoin, Bitcoin Cash, Ethereum, Litecoin, and the withdrawal limit and fees are in the image below.
FreeBitcoin.io is a different site than any of the above by allowing you to roll a random number to win Bitcoins.
When you registered successfully on the site, you are eligible to roll a random number to win Bitcoin prizes up to $300. You can roll a number once every 60 minutes.
Not only rolling, you can also win Bitcoin by completing surveys.
The minimum withdrawal threshold is 0.0002BTC.
Bitcoin Aliens are not faucets paying free Bitcoin; instead, they’re the app developers who developed apps for both iOS and Android phones to earn Bitcoin, Litecoin, and Bitcoin Cash.
On their website, they claim all their apps have given away more than 1090 BTC so far from 2014.
For earning Bitcoin, you’ll find two games, one is Alien run, which pays you to complete daily missions and levels, another is Blockchain Game, which allows you to Build a blockchain by stacking blocks and claim higher rewards with a longer chain.
The problem is, both games are not quite popular with mixed reviews and even not received 1K download so far in Google Play, but it’s worth giving a shot if you have free time and want to pass the time by playing games you can choose any one game and earn Bitcoins.
Conclusion.
In the crypto market, Faucets doesn’t have a good reputation because a lot of scams happen continuously, so proceed with caution before using any Faucets.
Even though you can trust the list of Faucets on the list, still you have to cross-check before using one.
Now tell me, are you going to use any Faucet?
If yes, then name your choice in the comments.
Do Share This Useful Info With Your Family and Friends.