How to Get Free Bitcoins – Best Bitcoin Faucets 2018
If you are new to cryptocurrencies or simply don't have money to buy any, you might wonder if there is a way how to get free bitcoins.
You may have already heard about bitcoin faucets…
So let's take a look at what these are and do they really give you free bitcoins and what are the best ones to use…
What is a Bitcoin faucet?
For the short answer, let's turn to Wikipedia and see what it says:
Named after real faucets, bitcoin faucets dispense cryptocurrencies instead of water, but how is this possible?Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a Satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.
How can they give free Bitcoin?
Faucet sites usually earn money from the ads on their site, but some offer dice games to gamble your bitcoin or ways to mine bitcoin using your browser.This allows them to reward you with free bitcoin or other cryptocurrencies in return for using their website.
Do Bitcoin faucets really work?
There are faucets that are plain scams and never pay you, and those who do all have their own limits and features you should be aware of before starting to spend your time to use them.
This is really why we made this post to help you focus on the ones that you can actually get some money out of.
Who should use a bitcoin faucet?
Let’s be honest, you won't get rich by clicking a faucet all day long.
You need money to make money, but if you don’t have any or just want to try owning a little bit of cryptocurrency without investing a penny, a faucet can be a great way to earn your first coins.
If you spend a lot of time on your computer and don’t mind clicking a button once a while, then why not.
Before we move on, let’s just summarise some pros and cons of a faucet
Pros
- Well, it is free money
Cons
- Claims are small
- Need to claim often
- High withdrawal limits
How to get free bitcoins in 2018
I can only recommend what I have tried, so here’s a list of the faucet sites that have been proven to pay out.Freebitco.in Bitcoin Faucet
This is by far the most popular and reliable faucet site out there. The initial claim is very small but it is a draw, so you can get lucky and win bigger amount.The good thing is that you can increase it by using the site and its other features over time. You can also play dice or lottery for a chance to win big or leave your browser open to mine bitcoin when away from your computer.
Good
- Claim amount increases over time
- Every claim is a draw with change to win big
- Dice multiply your bitcoin
- Mine bitcoin using your browser
- Lottery for change to win big
- No ads
Bad
- Small initial claim amount
- Withdrawal limit of 30 000 satoshis is quite high
They also have a faucet for claiming dogecoin, it works exactly the same and you can register here.
CoinPot wallet and supported faucets
CoinPot is a wallet that allows faucets to pay claims to instantly. There is still a minimum withdawal limit here as well, but you can combine multiple faucets into the same wallet.
- Bitcoin
- Bitcoin Cash
- Dash
- Dogecoin
- Litecoin
CoinPot faucet list for supporting faucets
First, you need to register a CoinPot wallet here.Then simply go to any of the faucet mentioned above, sign in with your CoinPot email and you can start claiming instantly.
Pros
- Instant payment to CoinPot
- Multiple faucets
Cons
- Way too many ads
- Somewhat difficult to fill captchas
Final conclusion
Faucets do provide a way to get free bitcoin, but you won't get rich using them. Money makes money and if you really want to make more bitcoins, read our other post about the best bitcoin investment platforms.But for those who have none, or are new to bitcoin they can be a great way to get some free bitcoins to start with.
Do you know other ways how to earn free bitcoins? I would love to hear about them in the comments below…
Original post : https://www.selfhelpist.com/how-to-get-free-bitcoins-best-bitcoin-faucets-2018/