Crypto faucets are one of the simplest and totally free way of making money online without much effort.
How do they work ?
A crypto faucet is a reward system that expects visitors to complete simple tasks such as playing games, completing captchas or rolling random numbers and in return rewards them with crypto coins or tokens. Rewards come not only in BTCs but in various different crypto currencies.
The websites that offer crypto faucet income, make their revenue by showing ads to their visitors and subscribers. The more traffic they have, the more money they make. And the faucet system is a way of sharing their income.
How often you can use the faucet changes according to the website offering it. Some websites dispense their rewards once in every hour, some in every 3 minutes. The idea is that you need to visit the website periodically to get your rewards.
The amount of money you can earn at once with a faucet goes up to several hundreds of dollars. Each faucet site has its own rewarding system. Once you visit the sites, you can look for their reward table. The reward values may change according to the current value of given crypto currency in dollars.
How to get your coins?
In order to withdraw the coins you earn, you need to achieve the minimum withdrawal limit defined by the registered site. After the limit is achieved you need to submit a valid wallet address in your profile. Then they will transfer your earning to your wallet. Some sites might expect you to have a wallet in a specific exchange market.
How to boost your income?
Most of the faucet websites come with a referral system which offers you earning more coins by referring their website to others. You earning from your referrals are calculated according to their earnings. So the more your referrals visit their website, the more you earn. So you should always be considering expanding you referrals network. Because this is the key to the passive income. If your referrals generate a significant amount of income for you, then you wil not need to follow faucet tasks.
Below is a list of crypto currency faucet websites. If you have any questions how to proceed, please do not hesitate to get in touch with me.