If you have tried in the past or you are trying now to find some easy and free ways to earn cryptocoins, it is almost impossible you have not met faucets.

What is a faucet?

A faucet is simply a web site that gives away a very (very very) small amount of a crypto almost free. “Almost free” and not free because you have to invest a bit of your time while you are claiming your very (very very) small amount of crypto by doing something simple.

There are different kinds of faucets out there. May be they are more than the ones I had experienced, but I prefer to write only about the ones I have tried. I will make example considering Bitcoin, but there are faucets distributing almost any kind of cryptos (and also distributing tokens given away through airdrop faucet).

Generally, before claiming it is necessary to sign up to the site, but not always. Some faucets request only the wallet address or the nickname (or a code) by which you are signed in a microwallet.

When you want to claim you sign in and play.

In my experience I have tried or I am trying yet:

• roll faucets: you have to roll a sort of wheel of fortune, your prize depending on the number you get. Normally, if you are not so lucky (very very lucky) you will not get the jackpot, but the last prize: some Satoshi, from 1 to 15. If the last prize is more than 15 Satoshi, the faucet is generous or may be it will not be last very long time;
• hidden roll faucets (these are personal definitions): very similar to the roll faucet. The prize is awarded by an algorithm (provably fair) but there is no roll to do, there is no wheel that turn around and no chance to know the way why you got 10 Satoshi instead of 1, 2 or 20. Also with this kind of faucet you have to be lucky.
• fixed prize faucet: the amount of Satoshi given away during a claim is fixed. Some faucet let you to decide the amount, depending on the time span you want to be passed between two claims: 1-2 Satoshi every 5 minute, 5 Satoshi every 10 minutes, 15 Satoshi every 30 minutes, …
• autoclaim faucets. First you have to gain some autoclaim credits by doing tasks (PTC, captcha, shortlinks, etc.), then you start the autoclaim engine, leaving the browser window open while the autoclaim proceeds.
• others kind of faucets: there can be other types but I have not experienced them.

It is often necessary to solve a captcha or a shorlink to claim, but some faucets do not need.

When you have made a claim, a small amount of Satoshi (generally from 1 to 15) is added to your account.

You will be able to withdraw your Satoshi, from your account to your personal wallet, only if you reach a minimum: normally it is from 10000 to 30000 Satoshi, even if some faucet has smaller or higher withdrawal minimum.

Some faucet pretend a withdrawal fee that can be very high in proportion to the amount of Satoshi you are withdrawing. Other faucets allows the withdraw only to specific microwallets or exchanges.

But let’s make some (conservative) evaluations supposing 1 BTC = 7500 $.

- 5 Satoshi per claim makes 0.000075 $ per claim (2 minutes per claim, opening the site, solving captcha, etc.)

- 10 claims a day makes 0.00075$ a day                 (10 minutes)

- 10 claims a day * 30 days makes 0.0225 $ a month (300 minutes in a month, 5 hours)

Working on more than one faucet can help to improve the efficiency and to save time. Also, there are some site that permit to claim by more than one faucet, in the sense that they “contain” faucets for different cryptos that can all be claimed and then changed with the preferred ones.

So, let’s suppose to claim by 5 different sites, 10 times a day, with a rate of 10 Satoshi per claim each:

5 * 10 * 10 Satoshi makes 500 Satoshi or 0.0375 $ (from half to 1 hour distributed during the day because many faucets permit only one claim per hour).

500 Satoshi * 30 days makes 15000 Satoshi per month that is 180000 Satoshi in a year or, if you want, 0.018 BTC = 13.5 $ put in your virtual piggy bank.

Some analyst predict that BTC could rise to 100000 $. In this case our virtual piggy bank will rise from 13.5 $ to 180 $.

It is clear that faucets cannot in general make us all rich, but I don’t want to state that they are all negative.

• Rolling a faucet is like to participate a lottery, but it is free. May be someone will get the jackpot as in normal lottery (what a lucky man/woman!) the others will had lost only their time, not their money. Rolling some faucets a day can be funny. Thinking that faucets can make us all rich can become a sort of gambling addiction. Roll, if you want, in moderation.
• I have read that someone is very (but very very) bullish with BTC, stating it will rise to 1 million dollars. Let’s have a dream and imagine (with a lot of fantasy) that our 13.5 $ worth of BTC will rise to 1800 $ in value.
• If you are very social and you have many active referrals you’ll earn passively your little coins (every faucets have a referral program) without passing your time in rolling, someone will do it for you and you’ll got more than 13.5 $ worth of BTC.

Finally, by playing faucets we will probably not become rich in cryptos, but only put some coins (cryptocoins) in a piggy bank. There are other ways to earn some cryptos free and I will try to write my experience, but if you ask me about the faucets to choose I would prefer faucets:

- with low withdrawal minimum amount;

- without (o with low) withdrawal fee;

- that have multiple ways of withdrawing: a) directly to personal wallet; b) to a  microwallet; c) to an exchange;

- that offer not only the faucet service, but also other kinds of tasks to earn.

As I wrote in my last post I don’t write referral links of my preferred faucets, but if you want…