With the explosive growth and surge in popularity of cryptocurrency, it should be no surprise that new crypto products are constantly being created due to their increased popularity and adoption. One of the best crypto products designed is bitcoin faucets.
A free bitcoin faucet allows people to earn free bitcoin by performing certain tasks such as playing games, watching ads, and completing surveys. A free bitcoin faucet will enable people new to crypto to make crypto easily and quickly. If you are interested in free Bitcoin faucets, it would be a good idea for you to be aware of the highest-paying bitcoin faucets. In this article, you will discover the bitcoin wallets that pay the highest, so read on.
A Brief Overview of Bitcoin Faucets
In 2010, Gavin Andresen launched the original Bitcoin faucet as a free means of dispersing Bitcoins and increasing Bitcoin’s popularity. With the original crypto faucet, all you had to do to receive free bitcoins was to solve a quick captcha. In exchange for solving a CAPTCHA, you would earn five bitcoins in your wallet.
With the current value of a Bitcoin, the first ever bitcoin faucet may be the most lucrative of all time. Many cryptocurrency-focused faucet sites, such as Ethereum faucet and Litecoin faucet, have sprung up over time. Because of the rise in the value of cryptocurrencies, these faucets now only give away a small percentage of the number of free coins they did in the beginning.
How do those who run Bitcoin faucets make a profit?
Considering how common Bitcoin faucets are, it’s fair to wonder what benefits their owners enjoy. Even if Bitcoin is given little, no Bitcoin miner or holder wants to give up their cryptocurrency. While it may seem generous, operating a Bitcoin faucet is more like running a company. You can earn Bitcoin without investing any of your own. However, in exchange, you’ll be driving traffic to Bitcoin-related businesses like cryptocurrency exchanges, Bitcoin ATMs, Bitcoin slot machines, and Bitcoin casinos.
The original purpose of the Bitcoin faucet was to spread knowledge and increase interest in the cryptocurrency. However, in the present day, the vast majority of currency faucets use a third-party revenue model. This typically involves commercials for other companies’ goods and services. The affiliate marketing business model is comparable to the external income model. It’s a way for Bitcoin faucet owners to make money, or at least break even, on their operations.
The highest-paying Bitcoin faucets
While it is true that no Bitcoin faucet will be as generous as the original faucet, below are a few of the highest-paying bitcoin faucets that pay their users a fair amount of crypto.
1. Bitcoin Aliens
Look no further than Bitcoin Aliens if you’re looking for a Bitcoin faucet with a gaming focus. Even though Bitcoin Aliens first launched in 2014, it has achieved the amazing feat of awarding more than 1090 BTC, equivalent to more than 7+ million USD, to more than 2.5 million users as prizes.
This bitcoin faucet lets you earn free bitcoin by playing various mobile games. Playing games made by Bitcoin Aliens is as easy as downloading them from the App Store or the Google Play Store and installing them on your device.
2. Cointiply
Cointiply is hands down one of the best and highest-paying Bitcoin faucets out there. One of the best things about Cointiply is that you can win up to a thousand Satoshis daily. Cointiply allows its users to earn a large sum of Bitcoin in various ways, from downloading games to completing surveys.
One feature that makes Cointiply stand out is the referral program which allows people to earn up to 25% of commissions. Also, you can get up to 5% interest when the coins you earn reach 35,000.
3. Coinpayu
When it comes to getting free bitcoin, Coinpayu is amongst the finest options accessible right now. When you sign up with Coinpayu, you’ll gain access to a free rewards program where you may complete simple tasks in exchange for bitcoin. Coinpayu allows users to earn up to 10,000 satoshis for viewing advertisements. This bitcoin faucet has an affiliate scheme that can help you earn even more bitcoins. Through the affiliate program, you can earn bitcoins without doing anything other than inviting new people.
4. FreeBitco.in
On FreeBitco.in, you can participate in games to win Bitcoins. Each hour, users of FreeBitco.in can play a series of easy games in exchange for free bitcoins, with the potential to win up to $200 in this way.
In addition, if you add bitcoin to your FreeBitco.in your wallet, you can receive a fantastic yearly interest rate of up to 4.08%. A free Bitcoin also hosts a weekly lottery with large rewards, and 50% commissions on referrals are additional perks.
Conclusion
Earning free Bitcoin has never been easier, thanks to these free bitcoin faucets.
