If you want to use Bitcoin and other cryptocurrencies to earn money quickly, this post today is dedicated exclusively to the ways in which you can earn Bitcoin for free.
Earning crypto currency with faucets
The Faucets are sites that periodically offer you a small amount in Bitcoin or other crypto currencies in exchange for micro activities which generally consist of a series of steps in which advertising is shown. In fact, advertising is what allows the faucet to survive, so although sometimes it’s a little tedious, you have to accept this.
These sites allow you to accumulate crypto on your wallets which is why they have become extremely popular. In this article we present the most popular faucets.
The faucet offer is constantly evolving, however those you find here are very reliable and have been resisting online for a long time.
A bit of history
Let’s start from the beginning: the first faucets were created to spread the adoption of Bitcoin on the Internet.
The first ever was made by Gavin Andresen, a Bitcoin Core developer. This faucet, incredible to say if we think about the current price, distributed 5 Bitcoins with each claim! This makes you understand that in the future, perhaps in the near future, the sums that now seem modest will be able to acquire enormous value.
Since then, faucets have become more business-oriented. Today, faucets are sites that dispense a small amount of Bitcoin and compensate for this payment by displaying advertisements.
It is currently preferable to use a third party micropayments portfolio such as Faucetpay, CoinPot or FaucetHub. Although at first it might seem like a nuisance, in reality it is a great convenience as well as a little safer, since a faucet site could disappear with the money you have accumulated.
Working parameters of faucets
Here is the basic information to understand for each faucet you want to try:
- Claim amount – it means how much you will be assigned for a single claim, it is often a variable value
- Timer – i.e. how long you will have to wait between one claim and another
- Minimum withdraw – this is important, it means the minimum amount that I will have to accumulate before I can transfer the crypto from the faucet to my wallet
- Withdrawal method – this can be done directly on your wallet or through an intermediary, i.e. a micropayment wallet
- Referral fee – what you will earn if your friends or other people in general use your link to sign up for the faucet
Let’s now take a closer look at the
Best faucets currently available (updated Jan 2020)
Cointiply was released in early 2018 and has been growing continuously since then. The interface is intuitive and elegant and inside offers various methods for obtaining Satoshi.
The site faucet allows you to get up to 200 Satoshi every 60 minutes.
In addition to the faucet, you will also find the following micro-gain modes:
Offer walls give you so many ways to earn coins. Surveys, visiting webpages, downloading apps, watching videos and more.
The most popular offer walls are Theorem Reach, Tap Research, Adscend Media and Adgate Media. Every offerwall is different, so poke around in all of them until you find the ones you enjoy working the most.
The #1 way people earn Coins are doing surveys. Surveys can pay thousands of Coins for completing one, and you’ll find all kinds of topics covered. Surveys are also refreshed frequently, so check back often.
There is also a great guide on the internal blog that explains how to complete surveys and earn Coins on Cointiply.
You can also complete short quizzes from Jungle Surveys, which are available for all countries and have no daily limits.
Users can watch videos and earn Coins! Cointiply offer videos on VideoFox and Hideout.tv. Opinion Capitals offer wall also has videos for some countries. Visit the Videos tab at the top of the Cointiply homepage for more information.
Cointiply PTC Ads
Cointiply PTC Ads pay you to visit a webpage, you earn Coins for every visit, and the people who buy the Cointiply PTC Ads earn your attention. Cointiply PTC Ads are a great way for you to earn, and they’re available all around the world.
There is also a coin multiplier inside the “Cointiplier” site, use it if you think you’re lucky!
Coins can be collected on FaucetHub and the minimum threshold is 35,000 Satoshi. If you have over 100,000 Satoshi, you can also withdraw directly to your Bitcoin wallet.