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Bitcoin Faucets 2018
Bitcoin faucets are not as popular as they were in 2012. But if you are curious as to whether there are any Bitcoin faucets that still pay in 2018, you are in luck. We’ve compiled some of the best paying faucets in 2018.
As the name suggests, experts have compared Bitcoin faucets to dripping faucets or taps that drip cryptocurrency units rather than water. Instead of asking, ‘What is a Bitcoin faucet?’ the question that needs to be asked is how you can use them to your benefit.
Here is everything you need to know about Bitcoin faucets.
The Best Bitcoin Faucets that Pay 2018
There are few Bitcoin faucets in 2018 that provide as many channels to earn free BTC as cointiply.com. The website has been around for several years, but lately, it has grown in popularity as part due to their excellent customer services and ease of use.
The easiest way to claim coins on the faucet is to click adverts. The next easiest way is to accept a Bitcoin miner on your browser so that the company mines Monero with your PC while you surf their site. On top of that, you get reward bonuses for visiting the website every day. The bonus increases daily from 1% up to 100%.
With more than 14 million users, this faucet is one of the most popular of them all. Users earn free Bitcoins by playing browser games and taking part in a weekly lottery. Freebitco.in also has a referral program that lets you earn 50% of any winnings made by someone you referred.
In addition to games, they have a captcha filling game that you can only fill once per hour. While you will not likely make thousands with the faucet, they pay your earnings plus bonuses as well.
Lots of adverts and no information about its owners may make you think this is just another scam BTC faucet 2018, but it’s actually genuine. Moonbit.co.in is one of the best-rated faucets. They offer Bitcoins after users fill captcha codes after every 5 minutes, hourly or daily.
The faucet offers lots of bonuses, 50% for referrals and the chance to double your winnings. As the site notes, you can choose to make bigger claims by claiming them after long periods of time (usually a day) or claim coins in small amounts at intervals of 5 minutes.
What is a Bitcoin Faucet?
A Bitcoin faucet is an online website that gives away a tiny amount of Bitcoins to the visitors of the website.
What do you have to do?
- You have to visit such a website
- Key in your Bitcoin address
- Solve a captcha code message on the website
After this, you can start collecting small rewards in the form of Satoshis. A Satoshi is the lowest fraction of a Bitcoin, divided a hundred million times of a BTC. So, basically, you will be getting a small share of Bitcoins for free!
The amount of Satoshi one can get can be as meager as 100 Satoshis which is 0.000001BTC. Or you can also get up to 10,000 Satoshis or even more!
How Bitcoin Faucets Work?
Bitcoin faucets are similar to websites that pay you to complete simple tasks. The websites run adverts, sponsored surveys, sponsored captcha filling codes and games. Since the content they publish on their sites involves interactions with humans, they pay people like you to complete them.
As a reward, Bitcoin faucets 2018 pay you some of the earnings they receive from their sites’ sponsors in Bitcoin. Many faucets depend on sponsors to run their websites, but some offer faucets as part of premium services they offer.
Cloud mining companies with faucets, for example, offer “free BTC” for just signing up with the hope that you can subscribe to their paid for services. Many casinos that offer free spins plus Bitcoin also have paid for games. The free faucet 2018 is simply used to market their services.
So, why are they giving away currency for free?
This is because those who are giving away the faucets make money from it. How? Well, most of these Bitcoin Faucet websites have a large number of ads all across.
- When you open such a website, you will see plenty of advertisements.
- The advertisers pay the website and the website pays you
Nevertheless, some dishonest faucets place false ads of ‘claim your Bitcoin’ so that the user is taken to another website. It is practices like this which make people wonder – are Bitcoin faucets safe?
My advice is that you should be careful about websites that promise you a free Bitcoin faucet.
Can you really get Bitcoins for Free from a Bitcoin Faucet?
In 2010, Gavin Anderson created a free BTC faucet that rewarded users 5 Bitcoins for completing captcha codes. Gavin’s faucet remains the best faucet to date as the 5 Bitcoins you would have earned from the faucet are valued at more than $35,000.
It’s not easy to find a faucet that gives you Bitcoins free of charge. You can’t find a faucet that pays you 5 Bitcoin, not even 1 BTC or a quarter of a BTC. Bitcoin is money, and just like you can’t find a website that offers lots of free dollars, you can’t find a faucet that rewards you with BTC for doing nothing.
You have to put in some effort to get rewarded with coins. The task could be as simple as filling captcha codes, completing a survey or playing a mobile game. If you want to earn Bitcoins in a faucet, you must do something for the site. Most Bitcoin faucets pay you for doing the following types of tasks:
Online “Free” BTC Miners
Cloud mining companies tend to offer free Bitcoin faucet 2018 to new members. With little tasks needed apart from signing up, you can get a mining contract that earns you fractions of Bitcoins every day.
Most of the faucets offer free mining power of about 50 GH/s, which is just good enough to mine cents. Some offer higher mining power, but you will need to subscribe to a paid plan in order to withdraw your coins.
You can become part of a survey and earn a few Bitcoins in exchange. The surveys are often quick, usually not longer than 30 minutes. For every survey you complete, you earn a specific amount of satoshis; the unit that quantifies the lowest fraction of a Bitcoin.
Usually, mobile free BTC faucets offer interactive tasks like playing games as opposed to captcha codes. Some websites also offer games, but they are usually part of other tasks like completing surveys and clicking on adverts.
If you enjoy playing mobile or browser games, how about you join a Bitcoin faucet that rewards you Bitcoins for doing what you love.
So, you love online casino games? Some casinos offer free spins where you stand a chance to win Bitcoins worth up to $500. Most of the games offered are flash games like poker cards, but they are fun to play, and you get to earn Bitcoins in the process as well.
What is a Bitcoin faucet rotator?
The Bitcoin faucet rotator is, in fact, a rotator website itself which enables you to swiftly browse through a number of faucets without having to open a new site every time.
So, basically, instead of visiting a Bitcoin faucet website –
- You visit a Bitcoin faucet rotator
- On this website, you find many Bitcoin faucet website links
- Without actually having to open these websites, you can see what exactly they are offering
This to me is simply like reading the TV schedule to see what is happening on which channel, without having to actually turn on the TV.
Are Bitcoin Faucets Safe?
There have been no major cases of a Bitcoin faucet hack.
But it is better not to risk your personal information on these websites. Still, it is always better to be safe. In order to avoid a Bitcoin faucet bot attack, here is what you should do:
- Make a separate e-mail ID, specifically for this website.
- Enter your Bitcoin address – this is safe, you should not worry about giving away your actual Bitcoin address.
If you ask, ‘are Bitcoin faucets legit?’ My answer is yes, but you should always be careful. Going through an authentic Bitcoin faucet list is advisable.
Are Bitcoin faucets worth it?
Getting a free bitcoin faucet is easy. However, collecting the Bitcoins is a long process and the pay may not be that good.
The FAQ whether Bitcoin faucets are worth it in 2017-2018 was put to our experts. The expert opinion says it’s a venture worth trying. However, they maintain that settling only for the best Bitcoin faucet should be the first crucial step for any enthusiast.
Getting a Bitcoin faucet is a great way for a beginner to ease into the world of cryptocurrency. More importantly, our site is the trusted source of all the information you need to get you going. Take a tour and learn more from our pool of specialists, whose expert posts will help you enjoy your Bitcoin experience.