Bitcoin Faucet: What Is It? How Does It Work?

08.10.2015

bitcoin cran

Well, the popular statement that free cheese is only found in the mousetrap is not always true. Or, maybe, it isn’t entirely true. You can get Bitcoins free but have to apply some efforts. There are Bitcoin faucets visiting which for some time (from several minutes up to several hours) you earn cryptocurrency.
Bitcoin Faucet: What Is It?
  Bitcoin faucets are specialized, mostly advertising (commercial) websites. As a rule, these resources are free, however sometimes they require simple registration. To register you specify only your e-mail and a bitcoin wallet, wait for a while and click – you receive satoshi.
How Do Bitcoin Faucets Work?
   Owners of websites place an advertisement – banners, videos or flyers – on faucet’s website. Clicking on titles (click-through), visitors open advertiser’s website. More clicks mean higher possibility to collect Satoshi, Bitcoin’s coins (cents, pennies).
   When Bitcoin faucets have just appeared, time you spent on a website wasn’t of first priority. Only the amount of opened ads during a given period of time was taken into account. With the advent of more Bitcoin faucets, owners of such resources prefer visitors to spend more time on their websites.
   Rather often Satoshi-hunters have to spend from 1 up to 2 minutes on a website before a push-button “Enter your Bitcoin wallet number” appears.
 It was determined the recurrence of this push-button’s appearance. On some faucets it appears after half an hour, on others – only after 24 hours.
How to Earn Money via Bitcoin Faucets?
  It is relatively easy to earn Bitcoins – create a wallet. Generally, most of Bitcoin faucets operate through faucetbox.com where you have to register. Later, from your Cabinet on the website you will withdraw Bitcoins earned.
  The only thing you need is your e-mail address. You will receive in your e-mail all identification data of your Bitcoin account – don’t lose codes, keep them safe and secure. 
  Having created a wallet, you are ready to Bitcoin hunt. If you are a persistent and goal-oriented person, you’ll need no more than one day to visit all more or less known Bitcoin faucets. To get the maximum result and higher cryptocurrency earnings, you’d better visit so-called “rotators”, websites with several Bitcoin faucets.
How to receive payments?
   You can easily withdraw cryptocurrency earned via faucets only with one click. Note, almost all websites for collecting satoshi set a limit for withdrawal amount. In other words, it’s impossible to withdraw cryptocurrency till you’ll collect an amount specified by a Bitcoin faucet authority as a required minimum.
  And one more important point is periodicity of payments. This parameter is also determined by Bitcoin faucets’ owners. Some websites offer daily payments while others set once-in-a-week payments.
   You can hunt Bitcoins not only through faucets. Web offers numerous resources visiting which you have a chance to earn couple of dozens of Bitcoins. Just start and you’ll develop your own strategy of cryptocurrency hunting. Overcome your reluctance to advertisements and earn money!


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