Are you familiar with Bitcoin and methods related to gaining profit from Bitcoin- cryptocurrency? There is a vast crowd who don’t know about the bitcoin faucets. That’s why I am going to explain to you the profitable Bitcoin faucet options through a list.
In the beginning, you should know the general concept of the Bitcoin faucet. As mentioned above, many people don’t know even a little about this. After this, you will read the bitcoin faucet list in this article.
So, it would be good to know and cover the general knowledge first. Below is the list in which you will know the pros and cons of different faucets.
What is Faucet?
If you search what Bitcoin Faucet is, then the standard answer you will get is a rewards system. Technically, this definition is accurate to a great extent and is much more than the ordinary meaning. Let’s elaborate on this.
If you left the faucet in the bathroom or kitchen and did not close it properly, you will notice that water drips from it slowly. But if you place any bucket or bowl under this dripping faucet, it will fill within a few days.
It is the exact thing that Bitcoin faucets do; consider Bitcoin as water. A Bitcoin faucet is a known website that provides you with a pinch of Bitcoin. To obtain a purpose, you have to watch the videos in the form of ads, solve the captchas, or do something like this. These are convenient tasks that can be done quickly.
These websites offer you the Bitcoin whose unit is known as “Satoshis,” named after its creators. A satoshi is known as the minor Bitcoin amount, which is imaginable too. In simple words, you can say that 100 million satoshis are equal to the only single Bitcoin.
The satoshi’s number will be different, which a Bitcoin faucet provides the person for the task. In this way, there are specific sites that got a high rate. On the other hand, some locations don’t have high rates.
First Bitcoin Faucet
If we talk about the very first Bitcoin faucet, it was created in 2010 and was released after one year for public use. The creator and composer of the first Bitcoin were named Gavin Andresen. He is the man known because he has excellent involvement in the cryptocurrencies, but significantly – the Bitcoin.
Additionally, there is a fantastic offer for the users; Bitcoin Faucet is ready to offer 5 Bitcoins as a reward. At the early stages of the development of Bitcoin, it was worth only $0.01. In this situation, the website is ready to offer $0.05 as earnings.
For this earning purpose, you are not supposed to do anything hard, but only simple tasks. Like you have to watch the video in the form of ads or solve the captcha by writing the correct words you see in the given field. So, these are some simple tasks that you can do.
You should know that this task is about free Bitcoin faucets, which means you are not supposed to pay even a penny to earn this. On the other hand, if the current price of Bitcoin alters the given amount, it means the creator – Gavin Anderson, is offering you $29,000 only to solve the given captcha. Just think about it.
The principal aim and objective of the Bitcoin faucet list are to educate and spread awareness among those who don’t know about Bitcoin Cryptocurrency. When you take a step and enter into the Bitcoin faucet, it will offer you gamification to learn about the transactions of cryptocurrencies.
As a result, you will get credits from the game in the form of coins. Not only this, but you can also try other different methods of transaction found in the Bitcoin faucet app or site.
How is Faucet Financed?
After knowing the function of the Bitcoin faucet, you may want to know how it is making money for itself. It is not wrong, to tell the truth; to earn profit from a Bitcoin faucet is not as easy as you may think.
The owners of the faucet put some Bitcoin amount in the wallet of cryptocurrency. The wallet might be in the form of a hardware wallet. The wallet got an internet connection; it connected to the personal Bitcoin faucet website.
When people play games or watch a video, they will be paid this Bitcoin amount as a reward. The amount will be added to your Cryptocurrency wallet. If you want to earn money from the Bitcoin faucet site, you must have noticeable and unique content. With the help of this, you can easily stand out in the crowd.
Every day the new Bitcoin faucets pop up; that’s why there is high competition in the market for Bitcoin faucets. If you have original and unique ideas, then you have the opportunity to grow up in a crowd of competitors.
Are Faucets Safe?
It is not entirely safe. If you are using the Bitcoin faucet, then there is a risk. The reason behind this is there are too many sites that are present that claim to be an online wallet service. But all are a scam; basically, these fake websites are made to separate you from all your crypto.
When you deposit anything, then the website will disappear, and they take all your deposits. So always be aware of these fake websites and scams.
List of Bitcoin Faucet
The complete bitcoin faucet list is given below:
- Cointiply
At the beginning of 2018, the Cointiply was introduced, and now it is considered one of the best Bitcoin faucets. It contains a simple interface and too many methods to claim Bitcoin. However, this site provides you the opportunity to claim 200 satoshis every 60 minutes.
The best part of this is there are too many methods to earn Bitcoins. These methods include:
- Offer walls
- Click ads
- Watching videos
- Browser games
If you are a person who wants to try your luck, then the best thing is that Cointiply contains the function of coin multiply. However, Cointiply is considered a very stable website. Other than this, you have the opportunity to withdraw with the help of FacetHub.
But when you have reached up to 35,000 Satoshis. But if you have collected more than 100,000 Satoshis, then you can withdraw directly to your Bitcoin wallet.
- FaucetPay
The FaucetPay has considered the micro wallet provides. With the help of FaucetPay, you can quickly receive the micropayments. The best part of this is that you can receive all micropayments without any extra fees.
The FaucetPay is also considered a famous provider for the micro wallet. But the main thing is that if you are going to use the Faucets, it is compulsory to use the FaucetPay. However, here you can find too many ways of earning.
The first thing you have to do is enter the cryptocurrency address you want to earn. After this, you have to select both the crypto and faucet you want to use. You will get 1 RP at every login, and for your kind information, at every 600 satoshis, you will earn 10 RPs. However, there are too many other ways to earn, like roulette, craps, etc.
- FreeBitcoin
It was introduced in the middle of 2018. Now, it is on the list of most profitable Bitcoin faucets. However, to earn from this, you have to draw a random number, and then you can earn a certain amount of satoshis.
Other than this, you can draw a random number every 60 minutes but only for one time. If we talk about the prizes range, then it is between $0.0003 to $300. When you earn the worth of $1 Bitcoin, then at the time, you can withdraw it and send it directly into your Bitcoin wallet.
Is the free bitcoin faucet legit that you earn on FreeBitcoin? The answer is Yes, and you should not worry about this platform.
- Coinpayu
Coinpayu website was introduced in 2019, and it is a PTC website that means Paid To Click. The main earning method from this website is that you have to click on the ads and earn rewards.
Other than this, it contains a few elements of GPT sites that will provide you the opportunity to earn from surveys and different offers. If you want to earn from Coinpayu, it is compulsory to have a crypto digital wallet because it only pays in cryptocurrency. You can use the Coinbase or any other crypto digital wallet.
However, when you spend 10 to 30 seconds, then you can get 1 to 10 satoshis from the Coinpayu. Other than this, you will find three types of ads here, including video ads, window ads, and surf ads. There is no big difference in these ads, and you can easily earn from Coinpayu.
- AdBTC
If you want to earn crypto, then AdBTC is the best place for you. It is crypto earning platform that works with the PPC method, which means Pay-Per-Click. The primary method of earning crypto from this website is viewing ads, and it also pays you if you click on the sponsored link given on the AdBTC.
However, this website comes in two languages that are English and Russian. The AdBTC was introduced in 2017, and the best part of this website is that you can earn satoshis just after login into your account.
For this, you have to go to the Earn section, and here you have to click on the Start Earning BTC. You have to solve the captcha, and after this, the reward is added to your account.
- Autofaucet-Dutchycorp
Autofaucet-Dutchycorp, a very long-name website, provides you with the Autofaucet. This website was introduced in 2018. It offers you the SSL and is located in France. However, we don’t know the information about the owner of Autofaucet-Dutchycorp.
However, if we talk about the earning ways, you can earn coins with the help of two ways. The first way is you have to roll after every 30 minutes, and as a reward for it, you will get the cryptocurrency. The second way is you can watch the surf ads and earn coins.
- Firefaucet
If you have a FaucetHub account, then the Firefaucet is the best way to earn crypto. The Firefaucet is the auto faucet service, and it sends the Bitcoin automatically into your FaucetHub account. However, when you start it, then the Firefaucet automatically claims the cryptocurrencies according to your choice.
Frequently Asked Questions (FAQs)
What’s a Bitcoin Faucet?
The Bitcoin faucet is a reward system, and it provides you the opportunity to earn a small amount of Bitcoin in the form of satoshis. However, the reward system of the Bitcoin faucet will give you satoshis if you perform different tasks like watching ads, solving captchas, and many other tasks.
What is the highest-paying Bitcoin faucet?
According to the report of 2020, the Moon Bitcoin is the highest paying Bitcoin faucet. Like the other Bitcoin faucet, the Moon Bitcoin also rewards you a Bitcoin if you watch ads, complete the captchas and surveys, and many other tasks.
Are Bitcoin faucets legit?
Well, Is a bitcoin faucet legit or not? The simplest answer is “Yes.” The Bitcoin faucet is totally legit, but there are too many websites present that claim to be an online wallet service. And when you deposit your coin into their website, it will disappear and take all your coins.
Are crypto faucets safe?
Too many people believe that the crypto faucets are fraudulent, but it is not the case. The crypto faucets are totally safe; you can get rewards by solving captchas, completing surveys, mining, and many other ways.
What is a free Bitcoin faucet?
The free Bitcoin faucet is a legit website that offers you a small amount of Bitcoin by completing the different tasks.
What app gives you free Bitcoin?
The Blockchain game is the best and free app that gives you free Bitcoin. But the main thing is that it is available for Android, not for iOS. You can earn Satoshi with the help of playing games and completing other tasks.
Conclusion
I hope the article is beneficial for you, and after reading the complete article, you know very well about the Bitcoin faucet and also the bitcoin faucet list. For Ethereum and Litecoin users, there are also faucets available. But the earning methods are different.
If you have any questions, then you can ask us in the comment section.