Did you hear about some companies organizing Bitcoin giveaways? Considering the price of Bitcoins it seems unreal, right? While with the rapid spread of the wave of cryptocurrencies, several scams are common in the digital world, some giveaways are real too. There are a bunch of websites or applications that are rigorously trying to elevate the literacy of cryptocurrencies among the masses. These websites frequently organize Bitcoin giveaways titled “Bitcoin Faucet” to attract the crowd. But what are these and how to participate in these giveaways? Here is all you need to know about Bitcoin Faucet.
What Is Bitcoin Faucet?
A Bitcoin faucet is a website or application that rewards users with a fraction of Bitcoin in exchange for completing particular tasks or activities. These faucets were primarily designed to expose the crowd to Bitcoin and load their pockets with a tiny quantity of the cryptocurrency without needing to spend a penny.
The word “faucet” portrays the quantity of BTC distributed, which is relatively little, akin to the amount of water that drips from faucet. These Bitcoin faucets are nothing but a way to grab the attention of new users and push them to the roads of the Bitcoin world. However, these are not limited to only new users as experienced users can also use them to earn small amounts of BTC for performing activities.
Users normally need to register an account on the faucet site and give their Bitcoin wallet address in order to earn through these programs. After registering, users can begin performing the offered tasks or activities to earn Bitcoin. The range of tasks depends upon the website or application. However, most common users need to perform activities like watching ads, solving CAPTCHAs, clicking on links, and so on.
Contiply
Instant payouts for Bitcoin faucets
Cointiply is the most popular bitcoin faucet. Users can earn by answering surveys and installing apps. It has versions available for both desktop and android apps. It is available on the Google Play Store. Cointiply offers to roll a number every hour and earn a reward. It allows you to earn a Grace Period Token on the completion of simple tasks. It has videoFox and HideOut TV, which also give the users the opportunity to earn GPT (grace period tokens). In order to increase their earnings, active users of Cointiply can take advantage of surprise promotional codes. It is flexible for most users because you can select from an infinite number of games or offers. It is one of the best bitcoin faucets for payouts due to the variety of offers.
Minimum withdrawal0.0005 BTCPayout frequencyInstant
Features
✓Apart from Bitcoin (BTC), Dogecoin, Litecoin and Dash are also available.
✓Users are compensated for their online purchases and product reviews.
✓The sign-up bonus for new users is redeemable.
Even with incomplete surveys, users still receive rewards.
Faucet Crypto
Allows maximum time to earn
Faucet crypto is a unique portal that gives you the access to earn over 20 cryptocurrencies. The window of earning is every 25 mins by watching vidoes, taking surveys, and many other things. For loyal customers the platform over 20% commission bonus.
Cooldown time25 minsMinimum withdrawal500 satoshi
Features
✓It allows for simple cryptocurrency earning.
✓It offers many different cryptocurrencies to earn.
✓Users can level up and increase earning.
✓It has a referral program too.
Best Change
Crypto exchanger directory
It is regarded as one of the most practical ones available in the crypto market.
The website is virus-free and free of advertisements. There are no links that redirect to other websites either.
Here’s how to utilize it to your advantage:
If it hasn’t already been chosen, click the “BTC-faucet” item in the bottom left corner of the page.
Your cryptocurrency wallet will contain your bitcoin address, which you can find by typing it.
Solve our captcha.
Claim bonus.
The amount credited to your internal balance can range from 1 to 100 satoshi. The actions can be repeated 60 minutes later. You can deposit Satoshi into your wallet once you have accumulated 1000 of them. Your account is your Bitcoin wallet address; you are not required to register on the website. The wallet cannot be changed; otherwise, you will have to start over and collect the bare minimum. You can earn an extra 10% of each payout to the referral if you share their link, which will increase your earnings.
Up to 150,000 Satoshis are paid out each day.
Minimum withdrawal1000 satoshiCool down period60 mins
Features
✓It is legit bitcoin faucet website.
✓It enables straightforward cryptocurrency earning.
✓It provides a wide variety of cryptocurrencies to earn.
Satoshi labs
A web mining and faucet portal
Satoshi labs offers only satoshis (smallest denomination of Bitcoin) in very 5 mins. It makes you perform simple tasks that will eventually help you earn the reward. The tasks include participating in a survey, answering questions, watching videos, giving stars on platforms, and other things. It is planning to add web mining feature in the process.
It has as a special referral program wherein the referee earns 20% commission and the new user gets 10% commission.
Cooldown time5 minsMinimum withdrawal5000 satoshi
Features
✓Earn Bitcoins by performing simple tasks in small durations.
✓It has a referral program.
Fire faucet
offers diverse crypto faucet earning opportunities
It offers the users the opportunity to earn other cryptocurrencies than Bitcoin, which are Dogecoin, Tron, Litecoin, Dash, and many others. It adds ranks for daily users, which helps the user take advantage of many unique features of the platform. It is quite different from others.
Payout frequency72 hoursCooldown period30 mins
Features
✓The top 20 users on the platform receive daily bonuses in the form of additional incentives.
✓The referral program promises some fun benefits.
✓To earn cryptocurrency rewards, perform routine actions like watching movies or answering surveys.
Coinpayu
No minimum withdrawal limit
Anyone looking for a simple and straightforward crypto faucet should consider Coinpayu. It has easy-to-use features and a straightforward design. Even if you have never used a website before, you can easily navigate through all of its features thanks to the simple design. By taking surveys, watching movies, and playing online games, users can earn free cryptocurrency rewards.
Minimum withdrawalNonePayout frequencyWithin 3 business days
Features
✓If user profits go over the threshold limit, reward payouts are made on an hourly basis.
✓It has a responsive user interface that functions well in a variety of browsers and devices.
Blockfi
Distributes rewards along faucet
Anyone looking to earn free BTC rewards along with other cryptocurrencies should choose BlockFi, one of the most well-known Bitcoin faucets. BlockFi operates on a similar principle to other cryptocurrency faucets in that you must complete tasks such as surveys, movie watching, and app testing in order to receive cryptocurrency rewards.
Cooldown period30 minsMinimum withdrawal$100
Features
✓It is a paid platform for bitcoin faucets.
✓It holds a solid reputation in the domain.
✓Blockfi offers users to earn cryptocurrency by performing simple tasks.
Satoshihero
Best for quick bitcoin payout
Satoshihero helps users earn free bitcoin by playing games. Free faucets don’t always offer a fixed reward, instead, the payout varies with the offer. There is a stake option in Satoshihero. Like other forms of blockchain poker, you can start playing with just 100 satoshis and earn free bitcoin.
Minimum withdrawal0.0003 BTCCooldown period8 mins
Features
✓Free bitcoin can be obtained by solving captchas.
✓One of the earliest Bitcoin faucets with an automated payment system is this one.
✓Once a user has made a minimum withdrawal, it becomes active
