If you’re an aspiring Bitcoin investor, you’re probably seeking new ways to increase your crypto holdings. You could consider Bitcoin mining, but that requires a hefty initial investment.
If all you can afford is time, Bitcoin faucets are a great option. It’s basically free money – or as close as it gets to it.
As they grow in popularity, we see new Bitcoin faucets popping up all the time. Be warned, though. Some of can be unsafe, so making the right choice is crucial. In this article, we’ll talk about five reliable Bitcoin faucets you can try.
More About Bitcoin Faucets
Crypto faucets have been around since the early days of Bitcoin. Back then, cryptocurrency didn’t have any value, so they weren’t that interesting to users. But how do they work, exactly?
A Bitcoin faucet is an app or website users visit to complete simple tasks in exchange for Bitcoins. These tasks can include watching ads, browsing websites, completing surveys and polls, or answering questions.
Typically, Bitcoin faucets have timers and minimum withdrawals. They also offer various incentives for users to stick around and engage. The purpose of Bitcoin faucets is to promote cryptocurrencies and get people to invest more.
There’s nothing fishy about Bitcoin faucets, nor is there a hidden agenda. But they’re not a way to get rich with Bitcoin either. They’re just a way to get a few extra coins in your Bitcoin wallet.
If you’re ready to earn from some free Bitcoins, here are the faucets to consider:
1. Moon Bitcoin
This is one of the most reputable Bitcoin faucets on the market. It has an established user base and offers a wide range of cryptocurrencies. One of the best features of Moon Bitcoin is fast payments.
You can watch a video and get your coins as soon as it’s finished. However, should you choose to store your Bitcoins for a while, you’ll increase your chances of even more rewards.
You also have the option to earn rewards by recommending the faucet to other people. They have other bonus programs, too. Loyal users are constantly rewarded, and there are mystery bonuses as well.
2. Cointply
If you’re looking for one of the highest paying Bitcoin faucets, Cointply should be your go-to choice. The potential for earning Bitcoins is excellent as there are countless interactive tasks available on the website.
It’s a relatively new faucet, founded in 2018, but has seen exponential growth in the last three years. The user-friendly interface makes it easier to stick around longer, watching videos and playing browser games.
Cointply is super stable and has 100% uptime. If you want to claim your rewards, you’ll need to have at least 35,000 satoshis (the smallest Bitcoin unit).
3. Bitcoin Aliens
For those passionate about gaming and cryptocurrency, this might be the perfect Bitcoin faucet. To get rewards, you have to download and play Bitcoin Alien games.
However, it’s important to point out that you can only access Bitcoin Aliens via the mobile app. They’re available for both iOS and Android devices.
You have the option of earning up to 4,300 satoshis per hour of playing. This faucet is well-established and has been around since 2014.
4. CoinPayu
Many crypto faucets can overwhelm with a poorly designed interface and a lack of variety in tasks. CoinPayu aims to fix that by updating their content frequently.
This encourages Bitcoin users to come back and get even more rewards. All you have to do is register your account and start earning those coins.
With this faucet, you’re eligible for payment every hour, which means you can add more satoshis to your Bitcoin wallet several times per day.
5. Coinbase
You might be surprised to find Coinbase on the list, as it’s one of the biggest crypto companies in the world. Among many services they offer, such as Bitcoin wallet and exchange platforms, they also have a faucet.
It works smoothly, and existing Coinbase users can easily access the faucet to earn more coins. It also has a fantastic referral programme.
Open the Bitcoin Faucet and Earn Coins
Other major crypto companies such as BlockFi and Gemini have also expanded their services and are offering faucets. But it’s not their primary focus.
The Bitcoin faucets we’ve talked about are much better options. While they all work on the same principle, not every Bitcoin faucet will work for everyone. Be sure to shop around for the one you enjoy using the most.
Author’s Bio: Hitesh is a digital marketing strategist and entrepreneur with more than 15 years of experience in digital marketing, start-ups, branding, and customer acquisition strategies. Hitesh is the CEO and Founder of Reposition Group, which specialises in digital growth strategies for companies in the cryptocurrency market such as Bitamp.com.