Bitcoin and Altcoin Faucets

Bitcoin and Altcoin Faucets

Faucets are websites, where generous (or not so generous) people give out BTC, most of the time in exchange for advertisements. Usually, you also have to solve Captchas in order to prove that you are not an automated bot. More often than not, these sites load pop-up windows with occasionally questionable content, but that’s how these sites make money. (I recommend a good anti-virus program!) Usually, you can never get more than a few Satoshis. A Satoshi is 0.00000001 BTC, or one hundred millionth of a BTC, the smallest BTC fraction the algorithm can currently deal with. Since the minimal amount of BTC in a transaction is currently 5430 Satoshis (0.00005430 BTC), these sites usually pay to another site, where the micropayments accumulate until your faucet earnings are over the minimum transaction limit. When you have exceeded the limit, these micropayment sites will pay out to your Bitcoin address.

Bitcoin Faucets

I list a few (OK, one…) of the more trustworthy faucets below:

Yes, there are referral commissions involved, these faucets are a bit like pyramid schemes… Still, I have obtained a few fractions of BTC this way, and if you want to just play around with BTC or other cryptocurrencies, this is a good way to get started without having to invest in mining equipment or get burnt in exchanges.

You’ll notice that there aren’t many active faucets around anymore. Plus you really need to click a lot to make any reasonable amount of money. However, there is the Coinbase Earn program, where you can actually make anywhere from $50-150. (Yes, I get a referral commission here, too.)

For more information on Bitcoin, see my blog post series:

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Carola F Berger

Website: https://www.cfbtranslations.com

Carola F. Berger is a German-English patent translator with a PhD in physics and a master’s degree in engineering physics. She is ATA certified for translation from German into English and from English into German and owns and operates CFB Scientific Translations LLC. Carola serves as webmaster on the NCTA Board of Directors and is also the Administrator of ATA’s Science and Technology Division.

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