What are Bitcoin Faucets and how to earn with them?

Faucets are sites that have become very popular with the birth of cryptocurrencies. Initially created as a method to distribute cryptocurrencies for free and promote their use, over time they have become very popular earning systems among those who would like to start accumulating Bitcoins without buying them.

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HOW TO EARN BITCOIN WITH A FAUCET

The working system of a Faucet is very simple. At intervals of time that can vary from 5 minutes to 24 hours, the faucets periodically allow you to request small fractions of cryptocurrencies through an operation commonly called CLAIM. All you have to do is go into the faucet and resolve the verification code.

HOW TO CLAIM BITCOIN ON A FAUCET

For our example we will use the screens taken by Cointiply, a multifunctional site that allows you to earn Bitcoin in many ways (Ptc, surveys, games, faucets and more). At the moment Cointiply is one of the most popular projects on the market. To learn more read the review.

The first step is to register (click here). Enter your email and press START EARNING NOW, follow the guided instructions and complete the registration.

 

register on cointiply

 

In many cases, the faucets will only ask you for an email to log in (then you can complete your profile with more details, if required) and allow you to operate almost anonymously. Once the account has been created, log in. The simple faucets will direct you to the CLAIM page, while for multifunctional such as Cointiply you will have to select the faucet item from the menu.

Once you have accessed the faucet page, all you have to do is resolve the verification code and press the ROLL botton to get the compensation. Once the operation is completed, you can close and wait for the time required to make a new claim.

 

cointiply claim free bitcoin

 

HOW MUCH CAN YOU EARN WITH A FAUCET?

Today’s faucets are much more structured and with a good promotional activity you can have a good earning. Many faucets offer loyalty program and rewards that make more easy rise your Bitcoin. A lot of faucets also give you daily/weekly interest (Freebitcoin and Cointiply). All faucets also have an affiliate program and you can earn a commission from all your referrals.

 

HOW TO CASHOUT YOUR FAUCET EARNINGS?

To cashout your earnings you must have a Bitcoin Wallet. The most popular wallets are Blockchain and Coinbase (here you can sell your Bitcoins and cashout on Paypal!). Coinpayments is also widely used, especially because it support hundreads of cryptocurrencies and tokens.

WHAT ARE THE BEST FAUCETS?

There are many faucets and they are very popular. The short time required to complete the daily tasks, have made these projects very popular. But which are the best?

Faucet with which to get daily/weekly interests:

 

FaucetPay is a micro-wallet that allow you to instant receive cryptocurrencies from hundreads of projects. It is a very good solution to start to earn free Bitcoin online. Best FaucetPay supported project:

 

Coinpot faucet family: these faucets allow you to receive all your claims instantly on the Coinpot micro-wallet, from which you can then transfer to your primary wallet. Important: before starting to make claims, create an account on Coinpot and then access the faucets with the email used for registration:

 

There are many other faucets on the web and you can easily earn with them. Take some minutes a day to earn free Bitcoin.