What are Bitcoin Faucets?
You must have heard of crypto trading, where traders invest their money, and in return, they get profits out of it due to a change in the prices of the coin. As it is clear that traders are required to invest money in crypto trading where they can also face losses, but these losses or profits are not guaranteed, so it is very unexpected to some extent. Many traders have been trading crypto and have gained enough experience to pretty much lower the chances of loss in crypto trading, but still, it happens to the best of them as well. Due to the risk of loss and inexperience, many new traders prefer staying away from crypto trading, but back in 2010, an innovation was introduced known as the “Bitcoin faucet.” Now you must be wondering that this will be another mind confusing term related to crypto trading which will require a lot of experience to get familiar with. Well, if you are thinking this, then it is not true. Bitcoin Faucets are basically pretty easy to understand and are totally risk-free.
Bitcoin is the biggest crypto coin in the world of cryptocurrencies. More and more traders have chosen Bitcoin as their trading asset. But back in the days when Bitcoin was not so popular and expensive, an innovation known as Bitcoin Faucet was introduced to the people, which attracted more traders towards crypto trading. So talking about Bitcoin Faucets, these are basically platforms where you can get a hand on free bitcoins. These platforms can be web-based or mobile applications where you have to do certain tasks, and you can get a reward in the form of free bitcoins. When Bitcoin was not so expensive, people liked the method and invested their time to get a hold of Bitcoins, and now they are the luckiest ones out there.
The reason why Bitcoin faucets got so much attention from the users is that there is no need for any type of investment in this method. You simply just have to perform certain tasks like play games, opening advertisements, filling out different surveys, etc. now, these tasks are not very hard to perform, right? That is why many users have shown their interest in Bitcoin faucets, as they can offer some pretty good rewards without investing anything. No investment means there are no risks in this method. Users are free of the headache of trading and the stress of competition. Instead, you just have to do some clicks, and that’s all.
All of those ads that you have probably seen on the internet, which tell you that you can earn free bitcoins, are basically Bitcoin Faucets. Please note that it is not necessary that whatever ads you are looking at about bitcoin faucets are all legit. There can be scams as well, which can cost you some loss instead of free Bitcoins. In order to help you, I have done the research and came up with a list of the Best Bitcoin faucets that are legit and are going to help you earn some free Bitcoins, which we will discuss in a while but first, we will have a deeper look into how Bitcoin Faucets work.
How can you start earning Bitcoin from Bitcoin Faucets?
Although it may seem intimidating, rest assured that to start earning Bitcoin from Bitcoin Faucets is very easy, and the process is not that complex. All you have to do is follow the steps that are listed below.
First Step – When you start, you have to get a hold of a crypto wallet first, which can hold bitcoins. When you have a crypto wallet, it helps to keep bitcoins in one place and save them. There are two bitcoin wallets that are most recommended for bitcoin faucets, which are Blockchain.com and Coinbase wallets. These two are really beneficial if you are just starting out, as they are simpler to use and friendly for new people. If not, you can also consider a micropayment wallet, where you would have to sign up for. Micropayment wallet is specifically made for bitcoin faucets. If you are worried about securing your assets, which is understandable, then you can also sign up for CoinPot. This is a very secure platform that helps keep investments secure.
Second Step – after you have signed up for a wallet and get hold of it, then you have to sign up for a faucet. You need an account in order to get started, so the quicker you do this, the better. To earn a good amount and be really successful, you will have to sign up and make accounts on numerous faucets. The goal while working on these faucets is to get lots of satoshis. Satoshi is the name given to a minimum amount of bitcoins.
Third Step – Once you have gotten a crypto wallet and have made an account on a bitcoin faucet, now all you have to do is log into these accounts. When you log into the faucets every day, you will get the chance to receive rewards once you have finished a captcha. These captchas are very simple, and it does not take a very long time to complete. You have to keep in mind that there is a certain time duration between which captchas can be finished. This time duration can range from 5 minutes to 1 hour, and it depends on what website you use.
As we have seen that earning free Bitcoin from faucets is not that of a big task, it is as simple as making some clicks here and there, and you are going to earn lots of coins for free. But this question arises in many users’ minds: where can they store their Bitcoins, and how can they withdraw the amount in real cash? There is no need to stress out about it. There are different Micro Wallets that are allowing users to store Bitcoins as well as other cryptocurrencies as well. And not only do these micro wallets offer to store bitcoins, but these micro wallets also give users the option to withdraw the amount in other currencies as well, and that is your preference to choose what currency you want. So it is as simple as a piece of cake to just do some clicks, earn free coins, and take them out from these micro wallets.
There are many wallets for cryptocurrencies that are very reputed as well. But the problem with those standard crypto wallets is that they offer a certain amount for your transactions. Developers have introduced micro wallets which offer you to store your bitcoins and withdraw them as well without any charges. At this time, there are two micro wallets that are offering users to manage their bitcoins when they are dealing with bitcoin faucets. Coinpot is the most popular one, which allows users to transfer rewards in a safe and secure way. There are many scams as well. That is why it is advised to only try those faucets that are given support by these micro wallets because if you decide to practice others, there are chances of getting scammed. There is an option to transfer your earned bitcoins from your faucet account to these micro wallets, where you can keep them safe.
Top 10 Bitcoin Faucets of 2021
This is the part where you learn the ways through which you can earn from faucets. Before you start, it is important you know which faucets are on the top so you can decide which one to choose from for higher earnings. I have made this list after researching and reading reviews of others. So read carefully and find your best option.
CoinPayu is one of the bitcoin faucets that are the highest paying faucets. It is one of the top ones in the market as well. It is also more unique than the other bitcoin faucets, as it lets its customers earn some free bitcoins on the side.
The way it works is by allowing customers to earn free bitcoins or rewards by accessing advertisements. So if you were to watch the advertisement set on the platform or complete offers, you get the chance to get rewards for free. CoinPayu allows its customers the chance to earn around 10000 satoshis.
Talking about the highest paying Bitcoin faucets, Cointiply comes on the second number in this list. That is because of the remarkable rewards that it offers in the form of bitcoin faucets. The tasks that are included in Cointiply are filling out surveys, watching short videos, playing games, operating the multiplier that is up to 61X.
According to a report, Cointiply has dispersed over $450,000 among their members in the form of bitcoins which shows that it is not a scam or fraud. On top of the earnings, there are different bonuses as well that are offered to the users, such as a loyalty bonus in which if a user login on a daily basis, then he can get up to 100% of the bonus. For all those who want to earn Bitcoins with ease, Cointiply is surely a worthy option.
If you are looking for a bitcoin faucet that is extremely good and pays very generously, then you definitely have to consider FreeBitcoin. It has risen up as one of the most recommended faucets and is very reputable. In 2020 it had made it to the list of bitcoin faucets that offered the highest payments ever. This is also another unique faucet as it offers its customers to earn extra bitcoins by playing games. So at FreeBitcoins, if you are looking to gather more bitcoins, then play as many games as you can. This is an offer that allows you to win an unlimited amount.
The games are very simple and can be played hourly. Another interesting thing is that you can earn around $200 free bitcoins. This faucet also offers its customers a 4.08% interest at the time the bitcoins are deposited into the crypto wallet.
For all the users out there who are interested in gaming, Bitcoin Aliens is allowing you to play games and earn free rewards. So now that you are spending your time and energy on gaming so why not take something out of it as well. Bitcoin Aliens was established in 2014, and ever since then, it has dispersed over 1090 BTC, which makes over 7 million dollars. The number of users of Bitcoin Aliens also crossed a number of 2.5 million lately, which is a pretty huge number of users getting benefits from Bitcoin Alien.
So if you are interested in playing games, then simply download games by Bitcoin Alien and start playing them to earn bitcoins for free.
AdBTC is a good option for those who are looking to earn a lot of free coins in the easiest way possible. The AdBTC website allows its customers to gather a great number of free coins in a very simple and quick manner. To earn free coins on AdBTC all you have to do is visit certain web pages. The way this works is that your earnings depend on the clicks that you make. One-click can help you earn around 200 satoshis.
This site also offers an affiliate program for those that are interested. The purpose of an affiliate program is that you can get the chance to earn a commission.
BTCClicks is on this list because of its legitimacy. It is one of the highest reputed and most popular Bitcoin Faucets available on the market, which offer users to earn rewards by simply just clicking on some random ads in the form of videos or other basic tasks. The platform is offering its users to earn easy money, and if you are someone who is looking to earn some coins but that too without playing any games or difficult tasks, then BTCClicks is waiting for you to sign up. No doubt it is surely worth your time and energy.
Next, we have a Bitcoin faucet known as Bonus Bitcoin. It is another Bitcoin faucet that is affiliated with Coinpot, which helps users to transfer their bitcoins directly in their micro wallet. The platform is offering many simple tasks through which you can earn some pretty good rewards, and on top of that, inviting your relatives and friends to this platform is going to give you a 50% extra bonus. You just have to ask your friends and relatives to sign up using your invite link, and that is it. So if you prefer instant payouts, then Bonus Bitcoin is the option that allows you to do that and directly into your coinpot account.
As the name tells us, BitFun allows users to earn money by simply playing some really fun games. If you are a gamer or have an interest in gaming, then you should play them, especially on a platform like BitFun, where you are obviously going to enjoy gaming, but at the same time, you can earn some bitcoins and treat yourself as well.
The most important factor that why you should choose BitFun is because of its affiliation with Coinpot. As we have discussed before, Coinpot is a micro wallet that allows users to manage coins. BitFun is affiliated with Coinpot and all of your earned coins go directly into your Coinpot account, from where you can manage them very easily.
Then we have Allcoins.pw. Allcoins.pw is among the best platforms to earn free coins with the help of just doing some really simple tasks. Not only that, but it also allows users to play games and earn coins. Surely it is one of the most versatile options.
Allcoins.pw also allows users to exchange their cryptocurrencies, and not only that, but it also provides two types of withdrawal facilities, first is a Regular wallet, and the second is FaucetHub.
This is one of the most popular bitcoin faucets. Out of 2020’s bitcoin faucets, this has topped and has also gained a lot of recognition for being a free site. Two features that have made Moon Bitcoin stand out amongst the rest is that the payments to customers are regular and high. Other sites give customers the chance to earn coins either hourly or once a day. But Moon Bitcoin is different as it grants customers the chance to choose how many times they want to earn. This means customers get the independence to choose how often they want to earn. You will also get to choose from many programs as they all vary and offer different benefits.
If you are not willing to step into the world of crypto trading or are afraid of any loss, then this innovation of Bitcoin Faucets is the best way to earn some bitcoins by performing very easy tasks and enjoying playing games. But in order to stay safe from the scams, consider any of the above-mentioned Bitcoin faucets as they are some of the best in the market and the highest paying ones as well.