Bitcoin faucets are a way to earn free Bitcoin in small increments, often just a few satoshis at a time (1 satoshi is 100 millionth of a Bitcoin). They usually involve doing mindless tasks on the internet like clicking links or interacting in some way.
While most Bitcoin faucets won’t earn you any significant income they are still free to use and could result in decent gains if Bitcoin suddenly shoots up in price. A few years ago it would have been easy to earn a single Bitcoin in a few days through a faucet – today that would be good profit!
All you need to get involved is a Bitcoin wallet, which is available free online. Many faucet sites also use a collaborative wallet like CoinPot or FaucetHub, which puts all your earnings in one convenient place.
Before choosing a Bitcoin Faucet you should take into account several factors:
- Minimum Withdrawal: sometimes this is so high that you never end up withdrawing.
- Time to claim: How long do you have to wait before you get your Bitcoin?
- Payout amount: How much does it pay out per click or interaction?
- Bonuses: Are there any added bonuses, like referral commission?
Fortunately, we have explored all these factors for you and compiled a list of the top 5 Bitcoin faucets currently available.
1. Cointiply
Cointiply is a relatively new but very well organized and professional Bitcoin faucet site. It offers several options for earning free Bitcoin, including clicking ads, watching videos and playing games.
Withdrawals can usually only be made to FaucetHub unless you earn over 100,000 satoshis and can then withdraw to your own wallet.
- Min withdrawal: 35,000 satoshis ($2.00)
- Time to claim: 60 minutes
- Payout amount: 200 satoshis
- Bonuses: Multiplier feature to win more Bitcoin
2. Moon Bitcoin
Moon Bitcoin is one of the older Bitcoin Faucets, having been around for almost four years now. While most interactions only pay small amounts (10 sats), you can claim every five minutes so it adds up quickly.
To earn bonus satoshis you can allow the website to use your computer power to mine Bitcoin in the background. Withdrawals can only be made to Coinpot.
- Min withdrawal: 10,000 satoshis ($0.60)
- Time to claim: 5 minutes
- Payout amount: 10 satoshis (average)
- Bonuses: Activate background mining to earn more sats
3. Bitcoinker
To sign up to Bitcoinker all you need is your wallet address and you can start earning satoshis for clicking ads and solving Captcha puzzles.
The site also features a ‘seniority’ bonus which awards extra Bitcoin to long-term users and a decent 10% referral bonus – so tell your friends!
- Min withdrawal: 20,000 satoshis ($1.20)
- Time to claim: 5 minutes
- Payout amount: 7 satoshis (average)
- Bonuses: Chance to win up to 100,000 satoshis every 5 minutes. 10% referral bonus. Seniority bonus
4. Bitcoin Aliens
The Bitcoin Aliens website is a bit different in that it offers a selection of Bitcoin faucet apps to download to your phone. The apps involve various games that you can play on your phone to earn free Bitcoin.
Apps are available for both iOS and Android and can earn players not only Bitcoin (BTC) but also Ethereum (ETH) if you prefer.
- Min withdrawal: 20,000 satoshis ($1.20)
- Time to claim: 5 minutes
- Payout amount: 135 – 9000 satoshis
- Bonuses: 25% referral bonus
5. Blockchain Poker
This site offers a nice change to boring bitcoin faucets. Every new player gets 100 satoshis to play a game of no-limit Texas Hold’em poker with other users. If you lose and run out of satoshis you can top up another 100 every 3 minutes.
No sign-up is required and you can play in both Bitcoin (BTC) or Bitcoin Cash (BCH).
- Min withdrawal: 100,000 satoshis ($6.00)
- Time to claim: 3 minutes
- Payout amount: 100 satoshis
- Bonuses: Free satoshi to play poker
Conclusion
As you can see, Bitcoin faucets are never going to make you a millionaire as the payouts are very small. At best, the gamified Bitcoin faucets are a way to earn some satoshis while taking a break from work.
However, it is a fun and free way to spread adoption of Bitcoin and get more people involved in the future of digital money. In the event that Bitcoin does multiply in value significantly over the next few years, then the little you earn now could be worth a lot one day.
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