Btcimperator.com Review Is BTCImperator Faucet Worth Your Time

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Bitcoin Faucets: The Good, the Bad, and the Ugly

When I first started exploring the cryptocurrency world I spent some time on Bitcoin faucet sites. For those who are unfamiliar with faucet sites, they are websites that dole out tiny amounts of free cryptocurrency to visitors (i.e. they ‘drip’ small amounts of Bitcoin and altcoins). Typically, you claim the free coins by clicking a button and completing a captcha. The coins slowly build up in your account on the site until you hit the minimum withdrawal limit (I’ve seen this vary from .0001 to .001 BTC). At that point, you withdraw your accumulated earnings to a personal wallet. Some faucet sites allow you to claim every 15 minutes, others every hour, and some only once a day. The frequency with you can make claims is related to the payout. The more often the site allows you to claim, the less BTC you receive with each claim.

You might be asking why a website would ever give out free Bitcoin? It’s a good question and I’ll explain in a bit. First, I want to talk about the experience of first discovering faucets.

Free Bitcoin? ��

Most people encounter faucets early in their Bitcoin careers. It happens before they have a firm grasp of how to get, use, and trade cryptocurrencies. This was the case with me. As a newcomer to cryptocurrency, I was nervous about buying Bitcoin on an exchange. When I came across my first Bitcoin faucet I was excited. It spent a frenzied few weeks scouring the internet for more faucet sites, hoping to find one that paid out higher amounts of BTC. At that point, I didn’t really understand why the websites were giving out Bitcoin. However, there was so much I still didn’t understand about cryptocurrency I assumed the faucets were somehow legitimate even if a bit mysterious to me.

Ad-Based Faucets

During these weeks, I found all sorts of faucets. Most offered tiny amounts of Bitcoin in exchange for completing a captcha. I later realized these faucets were earning revenue from the numerous ads and pop-ups populating their pages (a good example of this are the Moon Faucets). The minuscule Bitcoin payments were a way of drawing people to the site to view and to hopefully accidentally click ads. Many of the ads were for cloud mining operations promising too-good-to-be-true returns. Often, I would see ads for so-called investment sites also promising unrealistic returns. Ads for other faucets sites would pop-up too, as would ads for ICOs.

The pages were designed in ways that often made it difficult to tell where you were supposed to click to make a claim. It was easy to end up accidentally clicking an ad or two. Some of the faucet sites offered lotteries and gambling games that could be played with the crypto they doled out. These options held out the possibility of turning a handful of satoshis into full Bitcoins, an intoxicating prospect for many newcomers. Of course, the actual result of buying lottery tickets or otherwise gambling faucet earnings is that you end up simply returning the tiny amount of crypto you earned back to the site.

Mining Faucets

I also came across Ethereum faucets that offered tiny amounts of ETH in exchange for completing a captcha. I later discovered these sites were highjacking my computer’s CPU for the purposes of mining. After doing a bit of research I discovered the electricity being used by my computer when this happened was likely worth more than the ETH I was getting back. I quickly stopped using those sites. My mother was also getting into cryptocurrency at that time and using these faucets. After several weeks of daily visits, she was nearing the withdrawal limit (.0002 ETH) on one of them. However, she went to make a withdrawal only to see it had doubled. At that point, she gave up on the site.

The Ugly: Faucet Scams

While mining faucet hijack your CPU and ad-based faucets are trying to lure you to view ads, the third category of faucet sites is even more nefarious. These are sites that profess to be online wallet services that deposit tiny amounts of crypto into your wallet on their site in exchange for daily logins. Unfortunately, these are effectively always outright scams designed to separate you from your crypto. If you deposit anything one of two things will happen: 1) you attempt to withdraw it to no avail 2) the site simply disappears taking all your deposited coins with it.

Technically speaking, faucet wallets aren’t true faucets because a true faucet is not outright trying to steal your funds. Take my advice and don’t bother with faucet wallets at all, and if you do register with one, do not deposit any coins.

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The Bad: Faucets Take a lot of Time

Faucets can really suck time out of your life, which dwarfs whatever amount of Bitcoin you get in return. At first, it doesn’t seem like that much. Each claim only takes a few minutes. Yet, in reality, it can be very disruptive to your day. With faucets comes a compulsion to make as many claims as possible on as many different sites as possible. Contributing to this is the fact that many faucet sites offer bonuses for daily consecutive logins or as a percentage of claims made over the previous few days. These site designs elicit a sense of urgency to maximize the payout structure with as many claims as possible.

This means if a faucet allows claims every 15 minutes, you watch the clock to make four claims an hour. It means you wake up in the morning with the thought of making a claim on a faucet site(s). It means stepping away from dinner to make claims (much to the chagrin of your spouse or partner). Getting stuff done at your day job with the continuous interruption of making claims also gets tiring. This all accumulates until almost inevitably people give up faucets. Indeed, after a few weeks, I came to realize faucets weren’t worth the time. I had learned by then that I could drop $100 into a Bitcoin ATM and get several lifetimes’ worth of faucet earnings in one shot.

The Good: Faucets are a Gateway into Cryptocurrency

You might think my point is to denounce faucets as a waste of time. This is not the case. I don’t have a wholly negative view of faucets. While there are scams out there you need to watch out for (like the fake faucet wallets), I think that legit faucets play an important role in the cryptocurrency world. They are a gateway for many newcomers. They let people get comfortable with the concept of digital currency before taking on any financial risk. Faucets gave me the chance to test out wallets and read about blockchain technology before attempting to purchase Bitcoin with my own money. My first transactions of BTC, ETH, LTC, DASH, and DOGE were all faucet withdrawals.

Conclusion

In short, faucets come with some risk and they can waste a lot of your time, but they also give the curious time to wrap their heads around the concept of digital currency. Indeed, once I was ready to move on from faucets I was also ready to create my first cold wallet and open an account on an exchange.

If after reading this you still want to give faucets a try I would recommend this one . You won’t make a ton of satoshis but you also won’t get scammed.

Subscribe to my Medium and Twitter channels if you like my articles and want to learn more about blockchain and cryptocurrency projects.

If you have any questions about this article, please comment in the comment section below. Thank you!

Bit Fun Faucet Review: Is It Legit – Worth It?

Bit Fun is more than a simple bitcoin faucet: It also allows you to earn through games, dice, and offers. And, as with most of the best faucets out there, it’s using the Coinpot micro wallet to store earnings. So you can easily keep track of your activity. And you can withdraw your BTC more quickly. If you’re wondering if you should sign up now, read my Bit Fun review below and find out.

Join a faucet part of a network to save time and earn more.

What is Bit Fun faucet?

Bitcoin Fun is a platform with mini-games that’s been around since January 2020. And it’s now one of the most popular free bitcoin sites out there. Simply check the other reviews on the web and you’ll read that it’s a legitimate opportunity to get free BTC.

LEARN HOW TO STACK SATS

Of course, if it’s in the top 3 of this blog, it’s because it offers high payouts. I’ve made more with Freebitco.in faucet and Cointiply. But I like using BitFun faucet on a daily basis. Because I can change my mind with their popular games like King Of Thieves, Tentrix and Cut The Rope – without wasting my time. I get paid for that!

To get started, register here. And if you don’t have a Coinpot account: Create one – you’ll also be able to use it with Bonus Bitcoin and Moon Bitcoin! This micro-wallet is very convenient. While you’ll use it mostly for BTC, you can also store there your LTC and DOGE. Also, for every claim you make on Bit Fun, you’ll get 3 free Coinpot tokens! You can then convert them into bitcoins. – I’m not sure how else to use these tokens… But I’d rather stack sats.

Features

Fun faucet

With your new account, you can now claim free BTC by clicking on the button at the top of your screen. You may be redirected to another page. And you may need to solve a captcha. But that’s part of the game… How often can you claim? Every 3 minutes – don’t expect high payouts if you do claim every 3 minutes, though.

Fun games

Now to the main course: The Games. Don’t expect the latest FPS or the most popular Battle Royal. Because you’ll be disappointed. No, you’ll find only famous mobile games – or the kind of game you could find in bars a few years ago: Casino games. And you’ll get free satoshis every 3 minutes.

You can play directly in your browser – no need to install anything with the HTML5 and Flash technologies. And I’m sure you’ll find something of interest in their catalog. Because there are many categories: Arcade, Strategy, RPG, Puzzle, etc. And they have some of the most viral games like Cut The Rope, King Of Thieves or Tentrix.

Chances are you’ll spend more time playing than claiming. But that’s alright. Because the more you play, the more you earn! So you can’t really lose.

Fun dice

If you’re more into the casino kind of games, you can gamble on their provably fair dice game. While you can gamble all of your earnings, you should always be careful… Especially with a simple game like this one.

How does it work?

  1. Enter the amount you want to bet
  2. Select under or over
  3. Hit the roll button

Fun offers

And if you still have more time to spend, head to their Offers tab. The site offers this page as a way to earn more while you wait between faucet claims. While I’m not a big fan of watching ads and completing surveys, these may bring you some interesting rewards.

How to earn on BitFun faucet in 2020?

Sign up and connect to your Coinpot account. If privacy’s an issue in your country, you can remain anonymous – there’s no KYC. You simply need your login credentials (email + password). And after solving a captcha and submitting them, you’ll receive an email to confirm your address. Just click on the link and you’re good to go.

And now you need to grind! You can start by claiming the available satoshis. And then, either you head to another faucet site, or you remain on Bit Fun faucet to play their games and complete their offers. It’s up to you – I’m more of a faucet guy: I click and I earn.

As of today, Coinpot doesn’t offer interests on your balance. So, I’d recommend withdrawing your earnings as soon as you reach the minimum amount of 10,000 sats (0.0001 BTC). You need to do request a withdrawal and then confirm it by clicking on the link in the confirmation email.

Finally, you can share your referral link with your friends and family: Let them know they can earn bitcoin too! And you’ll get a generous 50% lifetime commission on their claims!

Is Bit Fun faucet a scam?

I can assure you it’s not. I have withdrawn my earnings many times since I registered a few years ago. And don’t think this money is falling from the sky: You’re getting a share of the money paid by the advertisers. These companies pay you for the time you spend watching (and clicking on) their ads.

If you really want to get free BTC, this is one of the few reliable solutions available these days. I’ve set my goal to 1 BTC and I use Bit Fun to help me reach it – it’s one of the highest paying bitcoin faucet. I’ll get there and so can you!

Conclusion

You’ve reached the end of my Bit Fun review. And I hope it’s been useful. Crypto is a scammy industry because it’s not been regulated yet. So, you should always be careful dealing with freebies.

But this faucet is one of the best of 2020. It’s not promising impossible rewards – simply redistributing its ad budget. Sign up today and get reacher with the king of cryptos: BTC! Remember there are only 21 million in the world, forever!

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