Faucethub - Earn Free Bitcoin

in #faucets7 years ago

Whenever we hear there is free money is on the table, alarm bells immediately go off in our head

I first heard of faucets in 2014 and had the same reaction - I thought that it must surely be a scam.

  • are they gonna ask me to "buy"in?
  • is this gonna infect my system with a virus?
  • i hope they arent finding a backdoor into my system to use it for mining!

Buying In

So, I did a little research and found out that there are legitimate "faucets" that pay the user small amounts in bitcoin (and not altcoins too!). All you have to do is sign up/login/enter your Bitcoin wallet address and you're ready to go.

"Claiming" from Faucets"

Most faucets work in a similar manner - after logging in, the user has to complete captchas/anti-bots (to prevent abusers from draining the faucets) and hit a claim button**. A random/pre-defined assigned bitcoin amount is automatically added to your faucet balance.

Today, there are 1000's of legitimate faucets that work as advertised. While this is a great opportunity to earn some free crypto, how does one prioritize on which faucets to claim from?

FaucetHub - One stop claim shop

Why Faucethub

Think of faucethub as an aggregator - the amazon of Faucets.
Users can browse through the best faucets on offer, do small tasks for rewards, play games and best of all - it even has a great and supportive community.

  • Premium faucets list
  • Multi-coin support
  • Bots to play games
  • Use as temporary wallet
  • Helpful community

Getting Started

Registering on Faucethub and getting started is a simple process and should take no more than 2-3 minutes.

User Dashboard

Once logged in, you are taken to the user dashboard page. Here you can view your current balances across coins and navigate to other pages within faucethub.

Finding Faucets

There are over 1,000 faucets listed - and FaucetHub makes it easy to get going by providing a detailed and curated list

Choosing the faucet for you

Logically, the best faucet would be the one that pays the most. Right? Well, not always. There are various factors to consider in choosing the right faucet to claim from:

  • Reward per claims
    There are two major faucet types that you can claim from:
    • Fixed
      These faucets reward the user with a fixed amount per click.

    • Variable
      Many faucets reward users amounts within a range to attract more people to use their faucet. However, the chances to earn rewards towards the high end of this range are pretty low

Claiming from a Faucet

Claiming your reward is a simple 2 step process

  1. Click on claim
    Some faucets allow you to claim only after the security

  2. Complete, Submit security
    Faucets may have more than one security measure - some have them before and after hitting claim. Regardless, this takes minimal effort and can be completed by anyone

Receiving your reward

Once you have made your claim, you will see your faucet balance grow. This can easily be transferred to your faucethub balance. Most faucets linked to FaucetHub pay directly after each claim

  1. Your wallet address must be added to your FaucetHub profile
  2. Wallet address used on FaucetHub and the Faucet are the same
  3. Faucet balance is greater than the min required to withdraw (if required)

Additional Goodies

  • **Offerwalls
    Simple tasks that include surverys, visiting websites etc that pay you in cryptocurrency

  • **Games
    FaucetHub offers three games that you can play. Each can be played using a bot to automate your actions
    * Turbo Lottery
    * Rock Paper Bitcoin
    * Rambo Bitcoin Dice

  • ** Exchange
    A peer to peer cryptocurrency exchange where you can exchange your Bitcoins, if you prefer to hold DOGE (and others)

Maximise your rewards

As I started claiming from faucets on a daily basis, the number of faucets I liked continued to grow. Today this list consists of over 100 faucets.
Some of the faucets I use today

FaucetTimerReward
Bitlucky510-50
BitUniverse510-50
HueFaucet510-50
BitGolden510-40
HeptaFaucet520-100
GetYourBitcoin565
AutoFaucet10130
GetFreeCoin1020-50
Jacob's Faucet215-55
Your Free Coin20100-10000
Free Bitcoin6079-7875132
Multi Coin Faucet6060-31521
Moon BitcoinN/AN/A
Field BitcoinN/AN/A

It took me sometime, but I realized it was not feasible to claim from them all and decided to prioritize. The basis for doing this was largely

  1. Reward per unit time
    Faucet rewards range across wide amounts - from 1sat to 10,000's sat per click. Is it better to claim from a faucets that reward 100sat per 60-180 mins or those that offer 15-40 every 5 mins. I choose the latter

  2. Computer RAM
    It is important to maximise your computing resources so you can claim efficiently - You dont want to have 100 tabs open and have to wait 15seconds each time you move to the next tab

  3. Patience levels
    Claiming from faucets isn't exactly an entertaining task. I have found the security measures on some faucets to be extremely irritating. Over time, I have dropped those that make it difficult to complete captchas etc

  4. Advertising
    I understand faucet owners have to earn - and they do this by displaying ads. However, some faucets have excessive, flashy or inappropriate advertising that can be a turn-off

Avoiding Scams

You may come across faucets or miners that have subscription/premium plans. These offer you considerable returns for becoming a member. I have one work for these - SCAM

These are usually ponzi schemes that reward early investors with money from later investors - many have lost life savings on these.

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I think this is the best and most concise guide around using faucets. Thumbs up!!

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0.00007671 LiteCoin
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0.24640460 Virtacoin
0.00056826 PeerCoin
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