For those who are unaware of what faucets are, they are websites that give free cryptocurrencies, like bitcoin and litecoin, in return of answering simple questions in the form of Captchas.
When I first heard the term and the concept I was very excited but this excitement went to drain when I experienced the downside of it. I almost got scammed by one of these sites. If you do the maths, it will take almost a year before you can gain a bitcoin out of it. Most of them gives in 20 to 200 satoshis for one captcha reply. You will require 100,000,000 Satoshi to make 1 bitcoin and if the game allows you to play in intervals of 5 minutes to 20 minutes, it will take ages before you acquire 1 bitcoin.
For those still interested in making some money out of Faucet, you should be wary of all the sites available. There are so many claiming to give you cryptocurrencies that if you register will all of them then you will be making some serious cash. Unfortunately my friends, this is a more difficult task as there are many scams out there. When treading along those paths, better be careful than sorry.
Mostly you will find 2 ways of scamming. The first one is a website full of adverts and then you get to play the captcha game every 5 minutes or 1 hour. They will require that you gain some 20 000 satoshis before you can cash out. Eventually when you reach the stated amount and try to transfer to your wallet, they will inform you that you will need to play for another 7 days and this will never end. Do not waste your time there.
The second way is the site allows you to choose how much bitcoin you want to mine and then shows you some Linux screen with connection and mining commands. The website will show you a progress bar of the amount of bitcoin it has mined, increasing your adrenaline and excitement till it reaches 100%. Once it is there, a button appears having the 'claim' word or similar written on it. Once you click on it, it will instruct you to pay the mining fee so that the transaction can be verified on the blockchain and provides you will a wallet address to send that mining fee. If you are in a hurry to transfer the money to the miner's address, wait a bit and think. The system has just mined some 1.5 bitcoin and now it is requiring me to pay for the mining fee. Why is that? Why can't the system deduct the mining fee from the amount of BTC it is going to give you? This question only will let you know that this is a scam. Stay away from it.
For those who, after doing the math still wants to get free satoshis, below is the list of scams and legit faucets:
Scam Faucets
Bitcoin faucet scammers
Litecoin faucet scammers
Dogecoin faucet scammers
Legit Faucets
- FreeBitco.in
- Moon bitcoin
- GetYourBitcoin
- FaucetToo
- Faucet Rotator
- Coins2Day
- 5MinLiteCoin
- FreeDogeCoin
- MoonDogeCoin
This list is not exhaustive. When going on a faucet claiming site, keep the 2 scam type in your head. Be careful when dealing with faucets. They can harm you or your computer by installing third party apps on your browser or computer.
Did you have a negative/positive experience with one of those faucets site. Share them with us so that we know and protect ourselves.
Upvoted and Resteemed by the xx_Votes_Plus curation trail! Want more earnings? Follow @dropahead in Streemian https://streemian.com/profile/curationtrail/trailing/396 and/or delegate some STEEM POWER to @dropahead! Keep up the good work!
Thanks for the support. Keep going strong :)
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by pisolutionsmru from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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Omg, those currencies...
pisolutionsmru, we need more people like you on this channel.
Btw. you can find out about yourself at this terminal, I found you based on what the machine thinks I like about you, haha.
@pisolutionsmru
By just writing "@pisolutionsmru", you summoned the blockchain info bot:
91.271% of steemers have lower reputation than pisolutionsmru.
18.190% of steemers signed up later than pisolutionsmru (2017.06.21 at 17:24:24).
50.597 was the exact reputation of pisolutionsmru 4 days ago (update Fridays).
37 steemers are followed by both of you. Like @o0pepper0o, @randowhale,..
78 steemers are following both of you.
Hope that info helps, pisolutionsmru. You can ask @qed for more details. Take care!
Testing if it was working and guess what @qed! It is working perfectly fine. Thanks for the info :)
And thanks for the article ;)
Wow, I've been looking at a lot of those data sets last week and I gotta say you made your STEEM quickly.
I signed up just a bit later than you, end of June.
If you want the updated reputation, it's 50.671 now. The data above is from last week.
@qed You are also not that far away :p
I'm a bit discouraged by the system.
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STOPThis post has received a sweet gift of Dank Amps in the flavor of 24.07 % upvote from @lovejuice thanks to: @pisolutionsmru. Vote for Aggroed!
I have tried most of them and I can say that legit ones are :
Moon Bitcoin
Moon Litecoin
Moon Bitcoin Cash
Moon Dodgecoin
Moon Dash
Free Doge
Free Bitcoin
Coinmix
Bit Fun
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Good luck guys, hope u earn a lot of money :)
Coinmix is out