Visit The Highest Paying Bitcoin Faucet Available Online
Bitcoin faucets (they can be for any cryptocurrency) are reward systems that dispenses rewards in the form of a tiny fraction of bitcoin for visitors to claim. These rewards are dispensed at certain intervals of time. Moon Bitcon pays you even when your offline.
Why bitcoin faucets?
Rewards are in place to attract visitors to the faucet’s webpage. These faucet sites usually contain advertisements. Advertisers pay the faucet owner to display these ads on his site. Advertising costs are calculated on Cost per Thousand impression (CPM) basis. This means, if the site gets more visitors and if each visitor spends more time on the site, then the site owner gets more money from displayed ads. These rewards attract more visitors and they come back regularly to claim their rewards. The visitor generally ends up spending more time on the faucet.
In simple words — Faucets get more repeated visitors to the site; in turn, the owner gets more money from the advertisers.
Faucets also play an important role in the bitcoin ecosystem. It encourages more people to understand and adopt bitcoin.
Who uses bitcoin faucets?
If you understand bitcoin and how it works, then you will know in no time that the bitcoin units given away by faucets is of negligible value. You wouldn’t spend time claiming rewards on them. Majority of visitors who use these faucets and claim rewards from them are beginners, still learning about bitcoin or minors who cannot do transactions legally on any of the bitcoin exchanges.
How to use bitcoin faucets?
Using a bitcoin faucet is very simple. Once you visit the faucet webpage, you have to enter your bitcoin wallet address or the email id associated with your Xapo wallet and hit enter. A timer will start counting the amount of time you spend on the site. Once you spend a certain amount of time on the site, you can claim your reward by clicking the “Claim Now” or similar button. You will have to prove that you are a human by filling in a Captcha or by solving a simple mathematical problem, (this prevents any automated script from claiming rewards at regular intervals). That is it…! You have claimed your reward. Your reward will be credited either immediately or on a designated weekly payout day to your wallet.
Typically, faucets have a minimum time interval limit between claims by each visitor, in order to prevent one person from claiming all the available bitcoin from faucet’s wallet. This duration varies from 5 minutes to 24 hours, depending upon the faucet.
Bitcoin faucet rotators can ‘rotate’ through a large list of faucets by clicking a button on a single websites, meaning more sites can be visited than entering the URL of site after site. The website earns money through a referral system for each website visited. Faucet rotators can also prioritize faucets by their level of average payout and will only visit sites if the time limit in between payouts has been reached.
The business model of bitcoin faucets is to get advertisement revenue from banner ads and distribute only portion of that money to users. A time limit is imposed between payouts to stop bots, human CAPTCHA solvers in third world countries, or avid users performing repeated withdrawals.
ntries, or avid users performing repeated withdrawals.
As bitcoin transactions are irreversible and there are many faucets, they have become targets for hackers stealing the bitcoins.
We have faucets listed on our Bitcoin Faucet List and our Bitcoin faucet Rotator, and a few of the best are below. We recommend you begin at Moon Bitcoin, Zebra Coin, QoinPro and Land of Bitcoin. We have lited a few other faucets below. We check regularly to make sure the faucets we list have bitcoin to give away and send you the money. Other Faucets are too hard to navigate with all the advertisements they place on their pages. The bitcoin faucets below are easy to use, and are the only sites you need. You really don’t need any other faucets to claim a large amount of bitcoin.
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