Earn Bitcoins Fast Online Free With Our Complete Bitcoin Faucet Guide
bitcoinula-bitcoinfaucetTo earn bitcoins fast online free is possible in many ways but this article guide for simplicity sake will focus specifically on earning free bitcoins online using the bitcoin faucets method.
Pros and Cons of Faucets
There are some people that would argue that faucets are a waste of time, doesn’t pay well or just don’t use bitcoin faucets because they are out to scam you. All these points might be valid in some cases like many other online opportunities you could apply the same cons. Some faucets are just an out right scam luring in people to complete certain tasks with the promise of being rewarded in bitcoins but end up either never paying out or they set the minimum withdrawal amount so high, making it impossible to ever reach this goal and withdraw the bitcoins.
A faucet’s main purpose is to introduce more people to crypto currencies by giving away bits of free coins.
It’s there as a quick and easy way to earn small amounts and to then continue further to explore other areas of crypto currencies i.e. adverts displayed on faucets are mostly crypto currency related services and products. These adverts are paid advertising and every time a visitors clicks on any of these adverts the faucet owner would earn some advertising revenue. This then helps towards keeping the faucet active and paying out the bitcoin rewards.
Not all faucets are created equal and with that said outlined below are a couple of basic pointers to help you optimise your bitcoin earnings from faucets you might find out there in the wild.
Main features in our earn bitcoins fast online free guide you need to look at when spending time on a bitcoin faucet
What’s the minimum faucet micro wallet amount required if any? – Some faucets don’t pay out each reward immediately to your bitcoin address. Mainly because the small satoshi amounts earned per round is to small for a single bitcoin transaction, see notes on 5430 restriction. That’s fine if faucets set a minimum amount you need to accumulate before pay out, but watch out for ridiculously high threshold amounts. High minimums usually indicate bad intentions of never paying out. We recommend looking at values from 3,500 to 10,000 satoshi’s max. Anything higher you might find yourself spending many days building up your reward amount only to find the faucet went offline or ran out of funds. A good example of a faucet with a very reasonable minimum amount required is Daily freebits
What’s the reward frequency? – how long must you wait before you can claim another satoshi reward. The majority of faucets are either every hour, three hours, six hours or twenty for hours. Some are less than an hour but our experience with faucets that for example are set to 15 minutes, they either dispense low value rewards, like 10 satoshi’s or they run dry fairly quick or don’t last very long. MoonBitcoin is one of the unique faucets where you can earn every 5 minutes or less.
Do they pay direct to wallet address or into a mircopayment cache system? – because of the 5430 restriction on minimum transactions in the blockchain smaller amounts example 5420 satoshi’s are not possible. To solve this problem some faucets have their minimum payout values built in and others use a third party micropayment system. One major advantage of using these micropayment based faucets to you – collect satoshi’s from multiple faucets into one account quicker and be able to transfer it out to your own wallet address. The three main micropayment systems are Microwallet.org CoinBox.me and BitChest.me So instead of waiting for hours or days to accumulate satoshi’s from one faucet you are able to visit multiple faucets in one go and collect from all. We recommend to start with faucets from these micropayment enabled systems and then add the more independent rated faucets like Bitcoin Zebra.
Where and how to find good bitcoin faucets? – Finding faucets can be very time consuming and then you still need to perform a task to claim the reward. You can Google search and find a couple but most faucets are not listed or ranked well in search engines. Another method to find faucets – search for forum posts, blogs either discussing them or that contains a list collection. These lists are a fair start but we found that they are dated and you have to spend time checking which faucets are still active or even paying. The most efficient way to find bitcoin faucets – look for faucet browsers or faucet surfer sites. Faucet browsers are a large collection of faucets categorised either by time slots or micropayment systems. Once you visited one faucet, you just click on next faucet in the list, enabling you to quickly get through a lot of faucets from one location. Bitcoinula Faucet Surfer is one such a curated service. You can also click here for a search on faucet surfer and find some others listed. Another large faucet surfer to check out is Land of Bitcoin. You need to register at Land of Bitcoin to gain access to the surfer part and it works different to the Bitcoinula version. Using a faucet surfer/browser makes it a lot easier and efficient – take a look at all faucet surfers and start using them to increase your bitcoin rewards.
How to earn residual (daily) bitcoins from faucets? – This question might not be that obvious but it’s actually possible to earn daily bitcoins from faucets without clicking on them. The answer – pick some faucets that actually also offer a referral system. If you get other people to visit a faucet from your unique link, then you start earning a % from all their rewards! Bitcoin Zebra mentioned earlier have a great referral program and also a couple of others like Freebitcoin, DailyFreeBits, BestBTCFaucet and Bitcoinker to name some independent faucets. The best micropayment faucets to work with referral earning – check out BitChest.me great referral dashboard. Now gather your referral links from these and other faucets and start sending them out in your own creative way, like posting and article on a blog :)
