I got introduced to the world of crypto through free faucets. While searching for some ways to make some extra money online I stumbled across a couple of websites that would pay some random amount of satoshis just for a few clicks. The payout was minimal but it was such a low-effort task that I decided to just keep doing it every now and then, after all, it is free money.
What I came to realize over time is that it doesn't matter the dollar value is irrelevant, at the time I was claiming around 70 satoshis per hour. Nowadays the same exact faucet pays only 10 satoshis per hour.
I'm not using faucets as my main source of income so I just kept going at it and let the dollar value snowball as BTC kept going higher and higher.
My first faucet
I signed up in late 2018 so I've been claiming free BTC for four years now. I wasn't very consistent either I just kept the website bookmarked on my phone and visited whenever I had some time to kill.
I also tried to get some referrals but most of them would quit just after a couple of days so I didn't invest that much time into that. I just kept rolling and not selling my bitcoin. The website also offers a 4.08% interest rate for whoever holds over 30K satoshis there so I kept part of my free earnings there generating some yield.
I decided to take a look at my stats and I concluded that over the past 4 years I earned 0.02510577 Bitcoin, that's around $500 at today's price. $125 a year isn't much but considering how easy it is I would say it was worth it.
Not to mention that BTC could be worth a lot more in the future, turning those $500 into $2500 if BTC finally reaches the $100K milestone.
Biggest mistake
Gambling some of my free winnings was the worst mistake I ever made. The website offers a couple of different ways to gamble your BTC, I decided to give high or low a chance and ended up losing 0.0057800 BTC over the first few months.
I swore to never gamble on Higher or lower ever again and just kept growing from there. It was a painful loss, but surely over time, I covered my loss with free claims and interests on my BTC.
Tips for beginners
Research the website before wasting any of your time claiming, there are a ton of scams out there, be careful. I always did my due diligence before joining and I never got scammed out of my time or money. Some faucets ask you to deposit crypto to unlock bonuses, unlock withdrawals or skip captchas. I did deposit crypto into some of them and it always worked out but I ALWAYS do my research before doing so. Plus I deposited low amounts that I was willing to part ways with.
Optimize as much as possible. There are a ton of promotions and bonuses, it can be a Christmas or weekend bonus, or a free bet here and there. Be on the lookout! Some of them offer different cryptos or reward points that can be used to claim crypto, make sure to study the most optimal way to "play".
Look at the big picture, as I told you it takes a long time for your profits to build up but it will be a pleasant surprise down the road. Don't give up, keep coming back and you will see results.
This one is a little bit harder to accomplish but if you have experience in getting referrals you should absolutely do it. "Free" crypto is a pretty simple concept to sell just make sure you're promoting legitimate websites! Don't scam people out of their time by promoting something you don't trust or use it yourself.
Most faucet websites are casinos that have a built-in faucet in order to attract customers. I understand that faucets are just a marketing cost to incentivize people to come back every day and promote it to others in order to get some kickbacks, if you struggle with gambling I wouldn't recommend joining any of these websites.
My top 3 faucets referral links
- Freebitco.in - The one I mentioned earlier in the post and the longest-running faucet as far as I know.
- Betfury - You might need a VPN in other to access the website, the free boxes aren't as profitable as they were but I still use it. Mainly because I accumulated their native token over the years and it now yields me a pretty decent daily payout. It usually has great promos around holidays.
- Trustdice - One claim every 6 hours and a daily sign-in bonus. It requires a deposit before you can withdraw your free gains (At least it used to back then). It worked for me but I see how this can be a red flag for most.
These are the only three faucets I kept coming back to over the years as some of them close or just straight up stop paying. I can make in-depth guides on how to maximize gains on each of them if you're interested leave me a comment.
