By Jeremy Steward
How can I earn bitcoin for free? This is a common question that is asked by many people who are new to bitcoin. The solution is bitcoin faucets. Although, you won't make much, it is a free option nevertheless.
If you are looking for a real solution that will put bitcoin in your wallet with no extra charge, then read on.
Bitcoin faucets (they exist for any cryptocurrency) are websites that reward site visitors in the form of a small fraction of bitcoin. The rewards are dispensed on a regular basis with delays of intervals of time.
Bitcoin faucets earn their money through advertising. The advertisers pay for the faucet owners to display ads on their sites. When visitors click on the ads, this earns the site money, providing them with the funds that they need to pay out cryptocurrency to visitors that frequent the sites.
To start earning bitcoin, sign up here.
While you don't have to click on the ads yourself in order earn bitcoin, many people do as part of normal browsing activity as you might on any other site.
Therefore, the more visitors that a bitcoin faucet site receives, the more money it earns and the more it can pay out in the form of rewards. They also play an important role in the world of cryptocurrencies by helping people to understand and adopt the use of bitcoin.
If you've ever frequented survey, pay to click sites, or microjob sites, bitcoin faucets tend to attract the same type of audience. Despite the fact that the rewards are often small, consistency pays off if you use the faucet sites on a daily or weekly basis.
In addition, the barrier to receiving bitcoin on faucet sites is generally lower because of the fact that you generally only have to enter captchas in order to turn on the faucet. They also require no upfront investment (unless your goal is to treat the faucet site as a serious money earning opportunity).
The first step is to create a bitcoin wallet. After you have some place to send your bitcoins, signing up at faucet sites is very simple.
To start with freebitco.in, sign up here.
By using the link above, you'll be eligible to earn an ADDITIONAL PAYOUT of bitcoins as my referring account disburses some of its earnings to referrals.
In addition, once you're signed up, you'll be given a referral link of your own which you can use to recruit additional freebitco.in users for even higher faucet earnings!
How to Earn Bitcoin
Once you're on the site, simply click the Roll button to receive your bitcoin payment to your freebitco.in account every hour!
When you've reached the minimum withdrawal amount of 0.00030000 BTC, you can cash out your payment or set it to deposit your earnings to your bitcoin wallet automatically. It's that easy!
(1 Satoshi = 0.00000001 BTC i.e. hundredth of a millionth BTC)
Rewards
Every time you Roll, you'll also receive reward points which you can exchange for prizes. I like to use my reward points to earn even more bitcoin on each Roll.
Other Features
The site also offers other features, such as a Lottery & Multiply BTC Game. However, I just consider these features as something extra to try for fun. Mostly, I focus on doing the Rolls since I am quite busy with my daily work activities.
So that's it. If you'd like to give it a try, I think that it is worth it. It only takes a few minutes a day and you don't really have to put much effort into it to earn bitcoin.
Sign up here to get started today: http://freebitco.in/
Hi, I'm Jeremy!
Many people want to learn how to earn money online. I'm here to help you learn with the tips that I've found.
Thanks for stopping by and good luck!