A Bitcoin faucet is a great way to earn free Bitcoins. What exactly is a Bitcoin faucet? It is a website that allows you to share your Bitcoin wallet address in exchange for a small amount of Bitcoin for free. These sites come and go so review your bookmarks regularly.
See also: How to buy Bitcoins without bank account
Most bitcoin faucets have a catch. You usualy need to do something in return for the virtual currency reward. For example, the website Surf4bitcoin.com requires you to download and install a browser plugin which tracks your surfing habits. Once a month they host a drawing and award one lucky user 50 Bitcoins. That is a wopping $50,000 USD value at the time of writing this article!
Bunny Run awards winners a fraction of a Bitcoin if the enter their wallet address and pick the first, second, or third place bunny in a game. Some faucets payout out quickly and others take more time. Some only payout once. As mentioned before, a few only award lucky winners with Bitcoin.
The reason Bitcoin faucets exist is to attract attention and traffic to a website. In addition some seek to also generate additonal advertising revenue to further monetize that traffic.
Here is a large list of Bitcoin faucets, Bong-Bitcoin. This site organizes the faucets by payout interval. Don’t forget that other crypto currencies also offer faucets. Both Litecoin and Ripple, the number 2 and 3 virtual currencies by market cap to Bitcoin have faucets available.
Do check out: : How to buy Bitcoins without bank account
Feel better informed now on how to buy Bitcoins without bank account? Stay tuned and bookmark http://PeterTrapasso.com for monthly updates.
What is your favorite Bitcoin faucet?
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Resources
A list of many of the Bitcoin faucets in this article is here:
http://bitcoinexaminer.org/top-13-bitcoin-faucets/
http://surf4bitcoin.com/
http://www.bongbitcoin.com/bitcoin_faucets.php
(Image source: CC: antanacoins via Flickr.)
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