Bitcoin faucets are websites where users can receive small quantities of Bitcoin every time they perform a specific action. This is currently one of the easiest ways for people to earn free Bitcoin. So if you want to learn more about how a free bitcoin faucet works, then you have come to the right place.
All About Bitcoin Faucets
Bitcoin faucets are becoming more and more popular these days. Simply because by doing simple tasks, users would be able to receive small amounts of Bitcoin. By viewing or clicking on ads, solving a captcha, and even by playing a simple game. And out of the many cryptocurrency faucets, the Bitcoin faucets are the most well-known.
Understanding How Bitcoin Faucets Work
Every time you use a Bitcoin faucet, you get the chance to earn 1/100 millionth of a Bitcoin, or also called the “satoshi.” This means that one satoshi is equivalent to 0.00000001 BTC (bitcoin). The Bitcoin faucets act as an affiliate. They present adverts and banners and even ask to complete a captcha. And through this, users who visit the website get to enjoy the free satoshis given once an action is completed.
How to Choose A Bitcoin Faucet
Now that you know how a Bitcoin faucet works and how easy it is to earn free BTC, it is time to pick the right one online. Here are things that you need to look into when making a choice:
- Claim Amount. The first factor to look into would be the claim amount. You need to know just how much satoshi can you earn every time you complete an action. Avoid repetitive actions like claiming a button.
- Refresh Timer. To receive another satoshi, you need to wait until the faucet refreshes. That can vary for every Bitcoin faucet, usually every 15 minutes for most. But some faucets refresh only once a day.
- Withdrawal Requirement. Some faucets will not let you withdraw until you have earned a certain amount of satoshi. And with that, you should also check the withdrawal methods available. Usually, you will need a digital wallet to withdraw the satoshi you earned.
So, are you ready to earn more Bitcoin without spending money on it? If yes, then it is time to visit Bitcoin faucets online. If you have the time and patience, you can earn up to $200 worth of Bitcoin in an hour. But before doing so, ensure that you pick a reputable Bitcoin faucet.