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Bitcoin, the biggest cryptocurrency in the world by marketcap, is part of a trend that doesn’t show any signs of going away anytime soon. A form of digital money, the popular cryptocurrency that is neither issued or backed by any government or nation was first introduced in 2009. Today, it’s grown to become the best-known and most-traded cryptocurrency in the world.

What many might not know is that there’s a lot more to Bitcoin than meets the eye. For starters, have you ever heard of Bitcoin faucets? What are they, and why are they growing in popularity? These are just a few of the questions we’re going to explore.

What are Bitcoin Faucets?

Bitcoin faucets are usually websites or mobile apps that allow you to earn free bitcoin or a variety of cryptocurrency in exchange for doing simple tasks. These tasks include solving the captcha, playing games, viewing the advertisement, completing a survey, installing an app, and so on.

Back in 2010, the first bitcoin faucet was created by Gavin Andresen to grow the bitcoin community by giving away free bitcoins. Faucets are a great way of earning free bitcoin (satoshi) with just a few daily clicks.

This method is also risk-free as you don’t have to invest any money. The only drawback is that payouts are pretty low.

How Bitcoin Faucets Work?

Bitcoin faucets as the name suggests are sites that dispense bitcoin. These are basically rewards for doing small tasks such as completing captchas or watching ads. So how do faucet owners generate the funds to give out rewards?

Here is how it works. The more traffic a site attracts, the more the advertisers. It’s even much better if they get to spend a few minutes at a time. Bitcoin faucets are just one way of monetising this attention.

Faucets also serve as a great way of acquainting people to the workings of bitcoin. Since they do not have to buy them, people will be more willing to experiment with digital currencies earned this way. In the early days of bitcoin, faucets dispensed as much as five bitcoins sometimes for free.

To increase the number of visitors, many bitcoin faucets have referral programs where you can get extra rewards from bitcoins earned by your referrals.

How much can I make from bitcoin faucets?

Bitcoin faucets are no way to get rich, far from it. The amount of time you need to spend before you can even get a reasonable amount is way too much.

As stated earlier, it is one way of earning a few satoshis for free. They are mostly used by people who cannot acquire bitcoins any other way or those who are just happy to earn a few coins while pursuing their hobbies.Most of the users are beginners who are just out to learn how bitcoin works. Minors who have not attained the legal age for buying bitcoin also often use free btc faucets to get their hands on the digital asset.Because of the strategies they employ, AdSense has banned the placement of ads on bitcoin faucets.Bitcoin faucets give out rewards in satoshis with minimum intervals to safeguard against fees. There is also a threshold before your bitcoins can be paid out. This is to guard against high mining fees.

Using Bitcoin Faucets

There are several of bitcoin faucets online. A simple search on Google will give you thousands of results.Using a bitcoin faucet is simple. You just have to sign up with an email address and a wallet address and you are ready to go. A timer is there to count the time you spend on the site. After a certain interval, you will have a chance to claim your rewards.

BitFun is one of the highest paying bitcoin faucet and can pay anything between 200 to 1000 satoshis. Most other top paying bitcoin faucets have rewards within this range. As you can see, there isn’t much here to be made.Robots can easily be used to cheat the system. That is why there are safeguards like solving simple mathematical problems or filling in captchas.You should exercise caution when using bitcoin faucets. Most of them are full of deceptive advertisements that trick you to click on unwanted ads.A good number aim to achieve illegitimate traffic and the reasons the likes of AdSense have banned the placement of ads there.

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Creating a BTC faucet

Making a btc faucet is easy. The hard part is how to monetise it. Bitcoin faucets like other businesses involving cryptocurrencies are highly vulnerable to fluctuating prices.Creating a bitcoin faucet website is as easy as registering a domain and buying a few plugins. You can check out step by step guides on how exactly to do this.

Bitcoin Faucets as a Business Decision

It will probably be of no surprise to you when I say that it’s hard to make money with Bitcoin faucets. I mean, you are giving away free money without asking for (virtually) anything back. Sounds bonkers, doesn’t it?

Well, most of the Bitcoin faucets that are still functioning to this day have some sort of an external income model. What this means is that when a user comes to join the faucet or to collect his daily earnings, he is greeted with third-party advertisements that aim to sell some sort of a product or service. With this affiliate-like business model, faucet owners hope to at least break even, and maybe even profit a bit in the process.

Technical Information

We can’t jump into the Bitcoin faucet list without covering the technical side of things, so let’s just quickly deal with that.

Imagine that you’ve decided to create your Bitcoin faucet. The options are truly quite wide - the aesthetic of the interface can be anything that you’d want, starting from animal-themed faucets to sports and gaming-themed ones. A good rule of thumb for a successful concept is to think of something engaging and visually pleasing.Now, what you should do is set up a reputable and well-optimized Bitcoin wallet. After that, place many Bitcoins that you’d like in it, and attach the wallet to your faucet.Some programs and scripts deal with the satoshi distribution and all of that technical stuff. You will also need to think of a way to optimize the tasks that your users will have to perform to get their share of satoshis.There are a lot more things when it comes to having a successful Bitcoin faucet (money-making model, site optimization, ad management, etc.), but I think you should have gotten the general idea behind it.With that said, we can now finally dive straight into the highest paying Bitcoin faucet list. This list isn’t comprised in any specific order, but the main criteria that I tried to follow while creating it were security, reputability, stability and, of course, payment amount.

The Highest Paying Bitcoin Faucet List

BonusBitcoin is somewhat original in that it unites a lot of other Bitcoin faucets under one brand name. When it comes to user experience, there is nothing better - you don’t need to waste time jumping from one faucet to another, having to remember all of them and wait additional loading times. With BonusBitcoin, you access your daily rotation of faucets in just a few clicks.Naturally, as do other faucets, BonusBitcoin offers it’s users affiliate rewards and daily bonuses. When it comes to the highest paying Bitcoin faucet situation, this brand is one of the top-paying ones - a single claim can yield a user 5000 satoshis, while claims happen every 15 minutes or so (up to the daily limit, of course).All in all, it is generally referred to as a great option if you’re searching for the highest paying Bitcoin faucets.

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One of the better-known Bitcoin faucets, Bitcoin Aliens is a fun and interactive option to earn satoshis.Bitcoin Aliens - highest paying bitcoin faucetBitcoin Aliens offer you the ability to play games as a way of earning your share of Bitcoin. There are a lot of processes and actions that you can do to maximize your payout. This faucet is also a mobile one - it’s available on both Android and Apple devices. This is great because you can do your daily rotation almost anywhere - you just need your phone, a Bitcoin wallet, and an internet connection.Bitcoin Aliens offer users around 4000 satoshis for their participation in the processes within the faucet. This amount of satoshis roughly translates to around $0,25 - this is pretty good!If you’re looking for the highest paying Bitcoin faucet, you should consider Bitcoin Aliens when it comes to your daily rotations.

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One of the oldest and most well-known Bitcoin faucets out there, Moon Bitcoin has a few great ways to persuade you to keep on coming back to their site and claiming satoshis.Moon Coin - highest paying bitcoin faucetFirst of all, it is worth mentioning that Moon Bitcoin has a few different cryptocurrencies (like Ethereum and Litecoin) that you can choose to claim other than Bitcoin. This is a pretty flexible option for people who might be looking for the highest paying Bitcoin faucet but are interested in other crypto coins more than in Bitcoin.Additionally, Moon Bitcoin offers a huge variety of different bonuses, starting with affiliate ones to “time spent on the site” bonuses.What’s also cool about Moon Bitcoin is that it offers the faucet’s users a loyalty bonus - if you keep on coming back to the faucet without missing a single day, your potential rewards increase by a certain specific percentage each time. The faucet also has “mystery gifts” where it provides users with a random amount of satoshis, as a surprise gift.Honestly, no highest paying Bitcoin faucet list would be complete without Moon Bitcoin - give this faucet a check!

FreeBitcoin is possibly the most famous name on this list. It is widely regarded as the most popular and used Bitcoin faucet in the world.Why is it so popular and loved? Well, there are a few big reasons that contribute to this faucet’s success.First of all, this is one of the few highest paying Bitcoin faucets that additionally pay interest for your balance. The amount of interest paid is said to always be at least 30,000 satoshis.FreeBitcoin - highest paying bitcoin faucetFurthermore, FreeBitcoin offers it’s users a lot of opportunities to increase their Bitcoin balance. Lotteries, gambling games, and reward points are a common sight when it comes to this faucet. There’s something for everybody - gambling can double or triple your stash, but it can also leave you broke and emptyhanded. If gambling’s not your thing, you can participate in regular lotteries and hi-lo games. The latter ones can yield you up to 1 BTC!It is quite evident that FreeBitcoin is an exponentially popular faucet. Not only is it one of the highest paying Bitcoin faucets out there, but it also serves as a great gambling and lottery platform.

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It is no secret that new Bitcoin faucets are entering the market every single day. With the competition rising, older faucet owners try to either amp up their offers or apply various competitions (or both). With such a wide variety to choose from, it could be difficult to find the highest paying Bitcoin faucets.In this tutorial, I’ve only presented a few of the main faucets out there. Depending on what exactly it is that you’re looking for, you might find that very different kind of faucets suit you - it’s all preferential.Whatever the case might be, don’t forget that before you do anything related to the faucets themselves, you need to set up a proper Bitcoin wallet. The only thing that you’ll need from your wallet is safety. It can be slow and lack fancy functions, as long as it stays on the top-tier of security.Also, when searching for the highest paying Bitcoin faucet, don’t forget that there are a lot of scams just looking to steal your money and Bitcoin. Be cautious and only trust sites that have reputable and stable backgrounds.One last tip: pick the faucets that you’ll want to use and make a “BTC faucet list” - this will be your easy reference for when you do rotations. Anything between 5 and 10 faucets should be a good number to start. And don’t worry if it seems tiresome at first - it takes a lot of practice and experience to do the rotations effectively.Well, this has been the “Highest Paying Bitcoin Faucet” tutorial. I hope you learned something new and that this information will help you in the BTC faucet business!