If you’re reading this, you want to know how to make money from Bitcoin faucets. I’ve been using Bitcoin and I want to share what I’ve learned.
WHAT IS A BITCOIN FAUCET?
Bitcoin faucets pay out a few satoshis when you load a page full of ads, roll a random number generator (on a page full of ads), or play some other game (on a page full of ads). Some sites, like Freebitco.in
and Moon Bitcoin
, use faucets as a loss-leader to get you to the site. Bitcoin faucets won’t make you rich, but they’re a great way to get involved with Bitcoin and the cryptocurrency phenomenon without buying Bitcoin.
Here’s my thesis: Bitcoin faucets pay out a fraction of a penny per use. What’s worth a fraction of a penny today will be worth more tomorrow—if Bitcoin rises. Will Bitcoin rise? Probably. It could also crash. I’m a believer in Bitcoin’s longterm viability, but your mileage may vary.
That’s what makes Bitcoin faucets so appealing to me. They’re a fun hobby with upside potential.
Here’s a lifetime chart of Bitcoin’s market value. Note the large number of big and little spikes and corrections in the graph.
Lifetime Bitcoin Chart September 2017
All Bitcoin faucets require a Bitcoin address, and for that, you’ll need a Bitcoin wallet. I’ve personally used Xapo.com
wallet, a cloud-based wallet. Hardcore cryptocurrency enthusiasts only trust wallets they run on their own computer or smartphone, but I’ve personally been happy with Xapo.com
Coinbase and Blockchain are also a popular cloud wallets (and exchange), and it supports Bitcoin, Ethereum, and Litecoin. Bitcoin Cash support is coming in January.
BITCOIN FAUCET MATH
The best Bitcoin faucets tie their payouts Bitcoin’s price. They’re using exchange APIs to buy satoshis on the fly so that their costs are constant in dollars. This is why you’ll see payouts on some faucets rise and fall throughout the day. FreeBitco.in
exemplifies this model.
Some faucets—like those that use microwallets such as CoinPot—pay out from wallets pre-filled by their operators. Most of these display the faucet balance right on the page.
BITCOIN FAUCET PRO TIP
Here’s a pro tip for Bitcoin faucet enthusiasts: when the price of Bitcoin falls, that’s when you redouble your efforts. Look at that chart above. Bitcoin has heretofore spiked, fallen, settled out, and risen, time and time again. There’s no guarantee that will continue, but I’m an optimist.
Interest in faucets spikes along with the price of Bitcoin. Traffic to our guide goes up with the price of Bitcoin, and so do the number of people clicking through to faucets I recommend. Conversely, interest in faucets goes down when the price of Bitcoin falls.
I understand how that happens, but faucets pay fewer satoshis when Bitcoin goes up. If you want to accumulate more Bitcoin, redouble your efforts when Bitcoin falls, and stay with it when it rises.
THE BEST BITCOIN FAUCETS
Here’s a cheat sheet of my favorite faucets I use when I’m short on time.
FreeBitco.in: This is the king of faucets. They offer reward points, free lottery tickets, and they pay interest on your balance (above 30,000 satoshis). They also offer gambling games I haven’t tested.
: It’s the sister site to FreeBitco.in and works the same way. They don’t have the rewards, lottery, or interest.
: This faucet (and its sister sites MoonDoge.co.in and MoonLiteco.in) is unique in that it adds 1 satoshi to its payout every few seconds. The longer you wait between collections, the bigger the payout. There’s also a loyalty bonus for daily visits, and a mystery bonus, both of which can significantly increase your payouts. This is consistently one of the highest paying faucets out there.
: This faucet is a website where you can play free slots and other games and win real Bitcoins! Each visitor gets free spins and they refill every 3 hours. With a bit of luck you can win hundreds of dollars worth of Bitcoins and withdraw them directly to your wallet!
: This is the highest-paying 15 minute faucet around. It’s fast with occasional popup/redirects.
: This is a faucet where you can play browser games and the same time recieve Satoshis.
Get Coin Free
: This is a bitcoin faucet dedicated to providing users a 60 minutes faucet, game to increase bitcoins and mining feature.
: Recieve your bitcoins free and start playing games like Dice, Blackjack, Routlette and more to earn more bitcoins! No need to deposit!
The different tutorials that are found in this channel have the only educational purpose. I do not take responsibility for the misuse this content done individually.