9 Best Bitcoin Faucets in 2018-learn and earn
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It’s
hard to go anywhere without hearing about Bitcoin, but you’ve likely only heard about
how its price has shot up this past year. That’s made a lot of potential
investors shy away from getting into the Bitcoin market. But did you know
there’s a way to start amassing Bitcoin for free?
Though it’s hard to
earn much using Bitcoin faucets, they are a way for people to pick up some
Satoshis without having to do hard work.
Here’s how faucets
work: you simply perform a task (e.g. staying on a web page or watching a
video), enter your wallet info, and get some coin. Every site is different so
some may ask you to click through some captchas, while others will just require
you to stay on the site for a certain amount of time.
Advertisers pay
websites for this time (or clickthroughs) and in the end, you get bitcoin
deposited into your wallet.
If you’re looking for
some more background on what faucets are and how they work check out our Crypto Faucets Guide.
Before You Start Watch out for Faucet Scams
Beware of faucets
that are known to be scams or out of operation by checking whether they’re on scam alert lists like this one.
Also watch out for ‘faucet wallets‘, which are
elaborate hoaxes that entice you to plop your coins onto their wallet… which
you can then never withdraw. One way to spot these is if they promise you free
coins for depositing your coins on their wallet. Legit wallets do not give you
free coins for using their product. The reward is using the product itself.
In general, don’t put
your crypto on any wallet you don’t trust. While hardware wallets are the best
(see our reviews for recommendations) there are
good software wallets as well. Jaxx is a highly recommended one (check out our review of it).
Also, make sure you
see what the faucet’s cashout threshold is before you start or your earnings
might be held hostage until you complete enough tasks.
In general, when
looking out for scams do a search of the website’s name plus the word “scam” or
the website’s name plus the word “legit”. You can also have a look through Bitcointalk’s
forums and social media. Chances are if the site is a scam someone
will have written about it to alert others. Though it may take some digging to
find out.
Here’s our collection
of top Bitcoin faucets and how you can use them to make some money before
Bitcoin’s value shoots back to the moon again.
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please.
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