How to make money with Bitcoin and Crypto Faucetsby John A. Bitcoin Entrepreneur First of all , what is a Bitcoin or Crypto faucet? A faucet is a reward system, in the form of a website or app that dispenses rewards in the form of satoshi (1 hundreth of a millionth of a Bitcoin, or fractions of another coin such as Litecoin, Dash, etc. This rewards are freely claimed by completing a captcha or other task as described by the website or app.
Basically you go to a faucet website, either sign up with a password and email address or provide a wallet address, then complete the task. The majority of the faucets just require you to complete a captcha. The faucet will then either give you a set amount, or most of them will give you a random amount with in predetermined amounts. For example, one of the faucets I use pays between 0.00000007 and 0.02157353 BTC for every faucet claim. This particular faucet can only be claimed once per hour. As of the writing of this article, 7/7/2020 with a BTC price of $9271.01 The faucet in my example pays out between $0.00065 and $200.00
If you constantly use these faucets every day the small fractions will add up! You will make some money for free, but it will be slow. To speed up the process, all of the faucets have referral systems. The referral system will give you a percentage of your referrals faucet claims. Here is where you can make some real money!! Specially if you already have an active downline and are good at referring people.
At this point you are probably wondering why these sites give away money so easily and how they are able to do it. ADVERTISING!! All the faucet claims are essentially active traffic for the site. With all the activity the faucet sites easily sell tons of advertising and use a portion of the advertising revenue to fund the faucets.
If you want to get started making money with crypto faucets, or you would like to see an example of a faucet, please check out my website. Freebtcfaucets.com I list all the faucets I currently use along with a brief description of how the faucet works.
Created on Jul 7th 2020 02:23. Viewed 146 times.
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