Making money on cryptocurrency without investing - Method #2

Method № 2. Bitcoin Faucets

How to make money on cryptocurrency for beginners? One of the easiest ways is Bitcoin Faucets. This is the name of special platforms, which pay rewards to users for performing simple tasks. Usually, they are watching commercials, registering, posting on forums, and writing reviews.

For each such action on the account of the user "drops" a little money. On reaching the minimum limit, funds can be withdrawn to an external wallet. Additional payments are possible to receive due to bonus programs and loyalty programs, and many Bitcoin Faucets introduce today.

The main characteristics of Bitcoin Faucets:

timing - the time that must pass between performing tasks;

rate - the amount of remuneration for the execution of a typical job;

limit - the minimum amount that can be withdrawn from the site.

To make it clear how it works: ClaimFreeCoins has the rate of 20 satoshis (the minimum Bitcoin unit), timing - 5 minutes, but there is no limit. This means that in 1 hour you can earn 240 satoshi, and in a working day (8 hours) you can earn 1920 satoshi.

Pros and cons of Bitcoin Faucets

Main advantages: you do not need any investments, special knowledge and equipment, only free time and the simplest PC or smartphone/tablet.

Main disadvantages: Bitcoin Faucets do not bring significant profit, even with the highest activity it will be only a few dollars a day.

How much can be earned

Example - Bitcoin crane FireFaucet. Rate from 10 satoshi, timing 1 minute, limit 40 thousand satoshi. You can earn at least 600 satoshi per hour, or 6000 in 10 hours, while you are working non-stop. It turns out from 0.00006 BTC or 1.371096 USD.

Best Bitcoin Faucets

• AdBTC. No timing, pay from 20 satoshi per job, and the minimum withdrawal is 5-20 thousand satoshi (depending on the withdrawal channel).
• FreeBitcoin. With a timing of 1 hour, pays from 58 satoshi, the minimum withdrawal is 30 thousand satoshi.
• FireFaucet. Pay from 10 satoshi per minute, the minimum withdrawal is 100 000 satoshi.

In the next article, we will look at method #3.

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