What is a Bitcoin Faucet?
A bitcoin faucet is a website that gives you free bitcoin in exchange for completing tasks.
These tasks are actions that make money for the website from referrals, whether filling out surveys, watching ads, or similar actions. The best bitcoin faucets maximize earnings while minimizing time investment and difficulty.
The reward back is often very small; on most faucets you need to build up a lot of money before you can withdraw it. But don’t worry, bitcoin is designed to appreciate in value, making those small pieces worth a lot more. Some early bitcoin faucet users became very rich just by saving a few dollars worth of bitcoin.
Cointiply
Cointiply is one of the more popular bitcoin faucets, which is not surprising, given that it has some of the highest payouts. You can collect up to 200 satoshis per hour, but you need a minimum of 35,000 satoshis to make a withdrawal to FaucetHub, which is an online wallet service that integrates with multiple bitcoin faucets. Alternatively, if you accumulate over 100,000 satoshis, you can withdraw directly to a bitcoin wallet.
Cointiply, true to its name, offers a bitcoin multiplier where you can make bets to multiply (or lose) your bitcoin. The highest multiplier is 61.3, which means you could turn 10 satoshis into 613 satoshis. Or more likely, lose it all. After all, Cointiply has to make money somehow, right?
Like most faucets, Cointiply allows you to earn by watching ads or taking surveys. The surveys can be found in a section called “offer walls.” When you open an offer wall, you will see multiple options for taking surveys, and when you fill them out, you will get your satoshis credited to your account.
Besides filling out surveys, Cointiply provides opportunities to users to earn by accepting offer walls. This may mean downloading an app or signing up for free trials and contests. Usually, offers require contact information for people to qualify.
Cointiply also allows you to earn small amounts of coins by allowing the website to use your computer’s CPU to mine cryptocurrency. Be aware, though, that this will consume electricity which will probably cost more than the coins you earn (at least for now!).
Cointiply has lots of bonuses for logging in every day and completing tasks. Overall, it is one of the best and most feature-rich Bitcoin faucets around.
Moon Faucets
Moon Bitcoin
is pretty much like the other faucets on this list— watch ads or perform other menial online tasks, and earn small amounts of bitcoin. Moon bitcoin may not have the highest earnings on the list, but what sets it apart is the ability to withdrawal earnings anytime. It has no minimum requirement on amounts for withdrawal.
Moon Bitcoin also offers referral bonuses if you can convince your friends or family to sign up and use it.
To use Moon Bitcoin you will need a CoinPot account. CoinPot is a service that integrates with bitcoin faucets. It does have a minimum withdrawal amount, but since you can use other faucets with it, it should be easier to reach the threshold than with just one faucet in use.
You can withdraw from CoinPot if your balance is above 10,000 satoshis, but you’ll have to pay a fee. If you wait until you have accumulated 50,000 satoshis, you can withdraw without a fee, however. This may be preferable to struggling to get the minimum withdrawal amount with an individual faucet.
Bonus Bitcoin is another faucet that works with CoinPot. It’s an older, well established, and reputable, but it can be buggy and it takes some patience to withdraw money from it.
With Bonus Bitcoin, you can claim a reward every 15 minutes. The average payout per claim is around 24 satoshis.
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