The bitcoin faucets are the free source to earn bitcoins instantly. Unlike bitcoin PTC sites, the bitcoin faucet users can claim bitcoin throughout the day as per the terms of the faucets. Bitcoin faucets enable various features to assist internet users to earn the world’s best cryptocurrency. This article will briefly explain about the bitcoin faucets & its feature and lists top 10 legitimate high paying bitcoin faucets at the end.
What is bitcoin:
The bitcoin is a cryptocurrency that has no physical structure which can be accumulated only in a digital wallet. The bitcoin has a certain value when converted to USD and its rate is highly volatile.
Advantages of using bitcoins:
- The first advantage of using the bitcoin is, it is not controlled by any government or private organizations. So, bitcoin users don’t have to worry about their country’s tax department that even a poor person can make the transaction as he wishes.
- We can send and receive bitcoins anywhere from the world instantly. We don’t have to wait for days to complete the transactions.
- Bitcoin transactions are free. Bitcoin users don’t have to pay any fees to make bitcoin transaction where it is impossible in the case of bank transactions.
- Bitcoin can be converted to USD, GBP, INR or any other currency in this world.
- Bitcoin can be used to make online purchases. It can be used to purchase mobile phones, household products, pay bills, recharge DTH, mobile phones & other services, buy digital service etc.
What is bitcoin faucet:
The bitcoin faucet is a web page/website which dispenses bitcoin when claimed by a user. The bitcoin faucet web page will be completely filled by online advertisements where the revenue from the ads will be used to pay their members and pay their hosting fees etc. The sole purpose of the bitcoin faucet is to reward their members for visiting the page.
How to earn bitcoins on bitcoin faucets:
Earning bitcoins from the faucets is a simple process. As I said previously, the bitcoin faucets pay its users just for visiting their web page and nothing else. The problem is they cannot dispense bitcoin into your account once you visit the website. Because there are a lot of chance for spammers to misuse the system using automatic bots. So to claim bitcoins you must solve the captcha to prove that you’re a human. Once the process is complete, the bitcoin will be immediately sent to the micro wallet or accumulated on your account itself.
All the bitcoin faucets allow their members to claim bitcoin 24/7 but to maintain a healthy relationship with the advertisers and increase the reliability of faucet system, the bitcoin faucets allow their members to claim bitcoin only after the certain interval from the previous claim. In genuine faucets, the interval will vary from 5 minutes to an hour. This is mentioned in the list as claim interval.
To start, you must own a bitcoin wallet with a unique bitcoin address. When you try to register you will be asked to enter your bitcoin address which will be used as the username in most cases.
Bitcoin faucets pay their member in two ways. The first one is by paying directly to the bitcoin wallet address you’ve provided. The terms go like this, faucets will pay on weekly basis and if your account balance reaches the specified threshold limit, the payment will be sent on the payment day else the payment will be postponed to next week. This process continues until your account balance reaches the minimum threshold limit.
The top 20 best legit trusted bitcoin faucets that have been paying at least for 6 months are listed below. The list is monitored and updated regularly excluding.
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Top 10 list of best high paying instant bitcoin faucets: