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How to get free cryptocurrency

There are several opportunities online where you can earn free cryptocurrency.  Faucets provide a platform where you can literally earn free crypto coins! So if you’re curious about cryptocurrency but not quite ready to part with any money, earning free cryptocurrency is a great way to dive into the crypto world without taking any risks.  My free crypto page provides a step by step guide on how to get free cryptocurrency with the faucets I am using.  It starts adding up in no time.  As the cliche goes, ‘every little counts!’

What is a faucet?

A bitcoin faucet is a website or app which rewards users for completing a small captcha or task.  Different faucets allow you to claim at different time intervals.  The moon faucets I have shared on my free crypto page can be claimed from every 15 minutes and the telegram bots you can claim daily.  The aim of a bitcoin faucet is to educate and facilitate adoption of cryptocurrency.  Obviously, the best way to encourage widespread adoption of cryptocurrency is to get people using cryptocurrency.  The faucets make their money through promoting and advertising cryptocurrency products and services.

Does it really work?

Yes!  The faucets I am sharing on this website really do work.  That is, they pay the money to your coinpot wallet as soon as you make a claim for any of the coins and you can withdraw the crypto to your external wallet once you have reached the minimum withdrawal threshold. Once requested, the withdrawal will arrive in your wallet within 48 hours (see screenshot below).  The minimum withdrawal for litecoin is 0.002 LTC, which is a very small amount (this is a good thing as you can withdraw the small change without having to build up a huge balance).

—> This is how you withdraw from coinpot.

  —> This is a previous withdrawal from coinpot, not from the screenshot above.

 

Can you give me any tips to earn quicker?

There are a few ways to build up your balance quicker.  Firstly, you can turn on the mining function in coinpot (or on the bitcoin faucet).  Keep an eye on this as it will use processing power on your device.  You also have to keep the page open on your device.  You will see the mining earnings credited to your coinpot account.

Secondly, you can claim every 5 minutes if you want to with these faucets, which obviously will build up your balance quicker, but few of us have time to do this every 5 minutes.  However, make sure you do it daily in order to benefit from the daily bonus.  The daily bonus increases by 1% per day for every day you make a claim, but will go back down to 0% if you miss a day.  This happened to me as I was just starting to gain momentum, so try and make a habit of claiming once a day if you want to see the benefit.

Thirdly, share with your friends.  Share your referral link (see screenshot below) with friends and family and you will earn a percentage every time they make a claim.  Click on the menu then click on refer to display your link.  This really helps build it up a lot faster!

As each faucet only pays a small amount of crypto, my final tip would be to claim for each of the different crypto coins (not just your favourites), as you can convert all the coins to one coin and get to withdrawal point quicker that way.  I converted all mine to litecoin for my withdrawal and it does add up!  Just go to the coins you want to convert and click on ‘convert coin to’.

What can I do with my earnings?

Well, that is up to you.  You can either keep it in your wallet, transfer to a hardware wallet and wait for it to increase in value or you can use it to earn more cryptocurrency.  I put mine into high yield programmes to grow them further, though I will make it very clear that this is risky.  However, I am more than prepared to take the risk with free money.  And so far, I’ve been doing pretty well out of it!  You can get involved from as little as 0.001BTC in some of these so I will soon do a separate blog reviewing the opportunities I have tested.

Final thoughts

This is a great little way to get involved in the cryptocurrency world.  It feels great when you withdraw even a small amount of crypto coins to your external wallet!  And it just gets you using and learning about cryptocurrency.  If you want to get started, follow the process outlined on my free crypto page.

Any thoughts or feedback always welcome 🙂

 

 

 

 

Sherina

10 Comments

  1. This is fascinating. I hear a lot about cryptocurrency, but it’s such a foreign thing to me. I think diving into it by earning free currency is probably the best way to get started and learn what it’s used for and how to earn it. How long does it take to earn enough to transfer it?

    • Hi Christina thanks for your comment. Yes a lot of people are interested but just don’t know where to start, so this is a great way to get involved. If you share with friends on social media it will build up quicker. I was able to withdraw to my external wallet after less than two weeks (following all tips above, with the exception of mining). It is only a very small amount now but who knows what the value of the different coins will be in the future. Also keep an eye on this site if interested, as lots more to come…

    • Thanks for your comment Christopher. Glad to get you started in the fascinating world of cryptocurrency 🙂

  2. I have heard so much about cryptocurrencies and done a little bit of research. I still don’t understand it very well at all. This was a very interesting read though and I’d like to know more about this. It would seem to that for somebody like myself who knows so little this is probably the best place to start.

    Thanks,

    Brian

    • Thanks for your comment Brian. Yes, people are overwhelmed as it’s pretty difficult to understand. I did A LOT of reading when I first got involved to try and learn about it, but this is a great way to start actually using cryptocurrency and you can learn more as you go along 🙂

  3. “BITCOIN”, i have heard a lot about thos word few days back, but was unaware of it. Did some surfing but still had a confusion.. Your post helped me to give a lot of info about it and cleared my doubts to most extent. Well written article.

    • Thanks for your comment Huzefa. Lots of people are interested but confused so hope I can help others learn and get involved.

  4. Great article! I wasn’t really aware what all this meant before reading it, but now I am thanks to you. I’m doing some work online as well, just not with cryptocurrency yet. You just gave me the perfect reason to start!

    • Thanks for your comment Boryana. Yes it is great idea to include a little cryptocurrency experimentation in your online work agenda 🙂

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