How Bitcoin Faucets work

Although it doesn’t necessarily earn you
enough to make a good profit, bitcoin faucets are a good way to get to know how trading
works without the risk. What’s up CryptoPeeps! It’s your girl, Kyla, here to deliver your
daily dose of Bitcoin news! Looking to get started with bitcoin, but still
too afraid to invest a big amount of money? Bitcoin faucets are websites or applications
that reward users with satoshis for completing a small task You may be thinking: “Is it really possible
to receive free bitcoins?” The answer is yes! The kicker is, you don’t really receive
a lot of it. You have to remember that you will be rewarded
in satoshis. If you don’t know what a satoshi is, it’s
one-hundred-millionth of a bitcoin. It may not be a “get rich quick” sort
of setup, but it can help those interested in getting into bitcoin trading. When you complete these tasks and earn satoshis,
they immediately go into your micro wallet. What is a micro wallet you ask? It’s like the traditional bitcoin wallet,
but this one allows you to collect small amounts of bitcoin before transferring it to your
own wallet. If someone were to directly link a faucet
to their traditional bitcoin wallet, the fees would eventually cancel out the bitcoin earned
from the faucet. So now you’re probably wondering HOW
to get a micro wallet, am i right? Well you’re in luck, because there are no
extra steps when it comes to getting a micro wallet Micro wallets are automatically created when
someone creates an account with a bitcoin faucet website. Although they are free, micro wallets
usually have a limit of anywhere between 5,000 to 10,000 Satoshis. When this limit is reached, the Satoshis will
be paid out to the user’s main bitcoin wallet. You must be thinking: why would people give
away free Satoshis? There many reasons as to why people get into
the business of offering bitcoin faucets. One of them is to boost website traffic and
make more money. Bitcoin faucets usually attract high website
traffic thus allowing them to advertise for bigger companies. It’s also a good way to get word out on
these companies, and even bitcoin in general. In short, they also get something in return
from these tasks that you do for them. Here are some examples of popular bitcoin
faucets in 2018: 1. Moon Bitcoin,
Moon Bitcoin is a simple bitcoin faucet that prides itself in allowing its users to choose
whenever they want to claim their money. All you have to do is either input a Coinpot
email address or a bitcoin wallet address to start. The faucet gradually fills up over time. At the start, it fills up quickly, but it
slows down over time until you make a claim. The longer you leave it to fill, the more
you will be able to claim. 2. Bonus Bitcoin,
Bonus Bitcoin is a bitcoin faucet that claims to give out 5,000 satoshis every 15 minutes but
it usually depends on how many people are online at one time. Bonus Bitcoin is completely free and they give a 5% bonus added to your current account balance as long as you made a faucet
claim for the previous day. Like Moon Bitcoin, you can link this faucet
to your CoinPot account. They also have an affiliate program that allows
you to claim 50% commission for every claim that your friends make on the faucet. 3. Family BTC,
Just by looking at this faucet, you can see that this is one of the more approachable
and “family friendly” bitcoin faucets. The homepage LITERALLY has a picture of a
family. Other than that, it actually has a decent
time frame with a payout every 15 minutes, not to mention a whopping 100% commission
to you if you find referrals. You thinking about trying a few Bitcoin faucets
now? Let us know in the comments below! If you liked this video, don’t forget to
give us a big thumbs up and if you’re interested in seeing more like this, don’t forget to subscribe
also, don’t forget to click the bell button to get notified whenever we post a new video! Also, show us support by following us on
Facebook, Instagram, and Twitter! Once again, i’m Kyla, and this is WeTheCryptos!

51 thoughts on “How Bitcoin Faucets work”

  1. there are many faucets on the internet to earn satoshis, even many of them gartis, and others are investment, however we must have security on which we can invest, because there are also many "scam" faucets that promise everything and do not give you anything

  2. Interesting info based on the bitcoin and more useful to me. Thanks for the share. Thsi video is short but gives lot more info.

  3. Hey Kyla I am glad to find your channel. I watched couple videos and learned a new things today. You earned new subscriber.

  4. As far as i know, A bitcoin faucet is 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.

  5. This is by far the most explanatory video as to what is needed to get free bitcoins from the faucets that are located online and anyone can use them!

  6. Thanks for the video, the information is very useful, each bitcoin (1 BTC) can have a fractional part of up to 8 digits so 1 bitcoin can be divided into 100 000 000 units. Each of these bitcoin units (0.00000001 BTC) is called a satoshi.

  7. Another interesting video about bitcoin made by you. You always show us many new things and interesting information. Great video thanks for sharing.

  8. Excellent explanation about how Bitcoin faucets work. Especially , there is useful information given about Micro wallet, moon btc, bonus btc and family btc. It is really good to know that Bitcoin faucets attract high website traffic and allows them to advertise bigger companies. Thanks for sharing.

  9. Thanks for shedding the light my friends who are into bitcoins been telling me about satoshi and i never really new what satoshi was… Thanks for explaining all and even what a micro wallet is

  10. Paxful is the best way to get bitcoin, thanks Kyla for share How Bitcoin Faucets work. If you’re looking for some more background on what faucets are and how they work check out this video. You'll understand and clear.

  11. Very useful information about how to get free bitcoin for microwallet. I've been such a long time to know more about Bitcoin Faucets, but I don't know where else to reach for until this video. Hope you make more videos like this.

  12. Thank you for the detailed video review, I have long wanted to know how I can earn bitcoins on my wallet. This instruction helped me a lot, there are already the first cash receipts. I am very happy about this, I have additional earnings on the Internet.

  13. Yes, you can get free bitcoins I agree. And I already got satoshies, I tried this system and it works. Of course, referral system is great and you can earn extra income. Great!

  14. People really needs these kind of intrıductory stuff because people in the crypto community don't know how sketchy it all looks to an outsider. But it isn't. There are many solid faucets.

  15. Thank you Kyla for this information to learn about bitcoin faucets, because everybody dont have a powerfull pc. So, congratulations for the explanation and for the channel.

  16. Great to know about Bitcoin Faucets. Explanation is understandable even for a novice or a complete lay man in Bitcoin industry. Thank you for sharing your knowledge.

  17. Kyla has just explained beyond any reasonable doubt. It's precise and to the point. I will be coming back soon for more tips dear Kyla!!!

  18. Your videos are really clear you make everything so easy !! thank you for sharing all those informations with us !! You're the best 😀

  19. Very helpful video, nice content.
    Nowadays it is very good to know different ways to generate money, cryptocurrencies are a subject that we should all know a bit more about.
    Many people in the crypto community don't know how sketchy it all looks to an outsider.

  20. This topic is trending today because of that the information is very useful, many people want to know how to get bitcoin for free in their microwallet, and how the taps work, to get more advantage, thanks for sharing this video friend.

  21. Very informative video, I have Bitcoin wallet for some time. You definitely explained some of the things about Bitcoin faucets. By the way, a great video!

  22. I never thought much about bitcoin faucets, but maybe it can become helpful. Also i agree there is a LOT of traffic on faucets sites. Maybe i should open my own faucet site.hmmmm

  23. Thanks for this Kyla. Doing simple tasks for satoshi's is good. It's like doing little tasks but the payout after a while will be ok. Instead of me just waiting my pay to pay.

  24. Very valuable information for people earning BTC from faucets, but as you mentioned it is not for those who are willing to get rich in a fortnight.

  25. You know how to make people happy . Mesmerizing video for me, this is exactly what i was looking for. Everything worked perfectly, so glad.

  26. Im actually making 0.2$/day by approximately collecting 3 hours a day so its kinda okay. A plan is collect from faucets go to staking

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