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There has been a huge discussion among newcomers in the cryptocurrency market abut the legitimacy of platforms that promise to provide cryptocurrencies such as Bitcoin and Dogecoin for free, in exchange for a small game or survey or another kind of information.

It is good for the newcomers to doubt the claim as it almost sounds too good to be true. But when one spends a little time among the different portals, one realizes that not all of them are looking to scam itws users. Some, like the centre of the discussion, Bonus Bitcoin, are exceptional for newcomers to get their first cryptocurrency, their first taste of bitcoin.

Crypto faucets are websites or platforms that will give you a small amount of cryptocurrencies in exchange for viewing ads or completing simple tasks or playing games. Those rewards can be accumulated to a large amount and withdrawn when necessary. Crypto faucets exist for most altcoins and help anyone start their crypto journey without getting into the hassles of exchanges and so on. This form of giveaway can act as learning methods for newcomers who are looking to discover cryptocurrencies.

To make sure our readers also discover the journey, but without facing the same hardships or losing a lot of money, we now dedicate an entire post on how to get your first cryptocurrency.

FOR FREE!

Bonus Bitcoin – Is it Legit?

A crypto faucet is a website that will give you a small number of cryptocurrencies in exchange for viewing ads or completing simple tasks or playing games. Those rewards can be accumulated to a large amount and withdrawn when necessary. Crypto faucets exist for most altcoins and help anyone start their crypto journey without getting into the hassles of exchanges, wallets, mnemonic phrases and so on. With the prices rising through the years, a $0.10 you receive now might be worth $1, or even $10, a year from now.

Bitcoin Bonus is one of the first bitcoin faucets I tried a few years back. And that’s when I really started getting serious about cryptos. What convinced me of using this completely free bitcoin faucet is the use of their common wallet: Coinpot. Because it allowed me to aggregate all my earnings in one spot, which was easier to track and easier to withdraw. But I’ll get back to you on that one later in my Bonus Bitcoin review.

First of all, you need to sign up and get a Coinpot wallet. Because all the payments are made directly to your account there. Maybe a word on Coinpot, a cryptocurrency wallet designed to collect and combine your payouts and earnings from different sources. The wallet in itself supports several cryptos: BTC, DOGE, and LTC. And it’s relatively safe – it’s not a hardware wallet but you can enable 2FA for increased security.

Users can also enjoy rewards thought the community chat tip. Exchange participants can chat with each other in the Bitcoin Bonus forum and tip small amounts of cryptocurrencies to each other for their time and resources. This has incentivized users to continuously engage with the community and try to solve any issue faced by fellow users. 

It’s just one of the best faucets of 2019 and will still be relevant in 2020 and years to come. Because combined with the other faucets linked to Coinpot, it can really help you build your crypto empire!

Now that we have cleared and understood what Bonus Bitcoin does, why not look for other areas that provide the same service? After all one never know when the cryptocurrency that you earn will turn out to be invaluable.

So,

Where Else can one get Bitcoins?

1. INSTAR WALLET

Instar Wallet is a true symbiosis between earning and learning cryptocurrencies. The Instar Wallet offers a platform where you can earn the native token – Instar tokens, by participating in daily activities and following the evolution of the crypto market. Users can control their data, making sure that everything is protected and shared when they decide. As a bonus, users also get access to a learning lab of blockchain technology, where they can find pretty much everything they want to know about cryptocurrency and blockchain.

Through its Instar Wallet program and other initiatives Insights Network, the firm behind the wallet, a program to reward its members for simply participating in their offerings. Joining the Instar Wallet is simple and clear. The website gives clear instructions for the type of information they require and the group of people eligible to enter their program. Anyone can join Instar Wallet with no information about the technicalities of cryptocurrencies. 

Everyone who joins, has to prove that their identity is genuinely theirs by uploading an official government-issued identifier such as passports, identification cards or a driver’s license. This acts as a safety mechanism against potential fraudsters, keeping the platform in check with possible future regulatory compliances.

2. Cointiply

Faucets aren’t the only way to get free cryptocurrency. They are certainly the easiest, and lowest risk though. If you’d like to go a little further into the world of altcoins, you might want to check out Cointiply.

Cointiply is so much more than just a bitcoin faucet. It is a website which is a reward site where members complete simple tasks in exchange for bitcoins. When you become a member, you will be able to earn coins by taking surveys, completing offers, watching videos, playing games, inviting your friends and more!

Cointiply is probably one of the highest paying faucets out there. There are many ways to earn coins on the platform. First of all, there’s the faucet where you can claim coins every hour. It’s a standard faucet where you need to solve the captcha and click on the Roll & Win button. This roll gives the user anywhere from 300-10,000 points. Each point is a satoshi or 0.00000001 Bitcoin which can be held in their own wallet of withdrawn to FaucetHub.

3. Firefaucet

Firefaucet.win is an auto faucet service that automatically sends bitcoin & other coins to your FaucetHub account. This website has a unique cryptocurrency earning system. It has continuously been voted on the bitcoin talk forum as one of the best and most innovative faucets out there.

“Claim every currency automatically in a single tab at once! There are no annoying ads, popups, or any hidden miners! Register, Save your addresses, Choose currency and start claiming your favourite cryptocurrencies!’’

Conclusion:

It is very important for experienced personnel to help guide newcomers to the blockchain and cryptocurrency space in any way they can. Since this is a nascent space, it is incredibly easy to fall for scams and cons. The above-mentioned sites, especially Bitcoin Bonus and Cointiply and Instar, provide a safety-net for all newbies and discourage any foul play. They are registered sites, tested by several experienced professionals to make sure there is no con involved. 

On the way to discover the basics of cryptocurrencies, you’ll transform from a beginner investor to a sophisticated sovereign of personal digital wealth. The first time most people hear about Bitcoin they usually dismiss it as a fad, including many of the cryptographers and developers working on it today. Those who stayed or came back did so because they saw something different. A revolution in the rising.

Resources:

Bonus Bitcoin | Instar Wallet | Cointiply | Firefaucet | CryptoVerze


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Sudarshan M

Sudarshan M is a long time crypto-enthusiast. Pulled in by bitcoin early on, it didn’t take long for Sudarshan to divert all of his academic attention from business studies to blockchain by doing his Masters and eventually pursuing his PhD in the subject. He is currently a researcher at the University of Nicosia. He is also the author of two research papers and a book on Blockchain’s future in Education titled: An Academic Overview of Blockchain - Applications in Educational Institutions. Sudarshan is an entrepreneur, blogger, educator, researcher and an avid proponent of Dogecoin. Such coin, Much wow.

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