Here is a way to Earn Free Bitcoins By watching videos online which will be an interesting way to earn money. Are you ready to Earn Free Bitcoins without taking any pains?
Why we can get paid for Watching videos?
- Bitcoin faucets pay users for Watching videos because it is a method to promote their cryptocurrency.
- Secondly, they may show you some advertisements and will pay some fraction of the amount they earned by showing the ad.
- Furthermore, People receive free bitcoins for the completion of tasks such as Watching videos and playing games.
- We have discussed What is Bitcoin and Bitcoin Faucet below to make you understand the whole process.
What is Bitcoin?
- Bitcoin the most prominent word almost known by all of us but do you know what exactly it is?
- Bitcoin is a cryptocurrency or a form of electronic cash.
- It is a decentralized digital currency which does not have any center or any manager.
- It is a peer to peer network which allows us to transfer bitcoin and make the transaction by the users easily without a need of any conciliator.
- Transactions are verified by network nodes through cryptography and are recorded in a record called a blockchain.
- However, Bitcoin was invented by a mysterious person or a group of persons using the name Satoshi Nakamoto.
- It was released as open source system in 2009.
- Bitcoins are created as a reward for a process known as mining.
- They can be exchanged for other currencies, products, and services.
- However, Bitcoin is a kind of reward processing unit which is very common nowadays we will also discuss some of the ways to earn free bitcoins so stay tuned.
What is a Bitcoin Faucet?
- Bitcoin faucets are websites or online applications that act as a reward system for those users who completed tasks set forth by a particular website or application.
- Furthermore, In exchange for completing tasks or a captcha, users are awarded by Satoshi and that is Bitcoin Faucets.
Who Invented Bitcoin Faucet?
Bitcoin Faucet was invented by Gavin Andresen in 2010 which used to dispense 5 BTC per user.
Why these Bitcoin Faucet sites provide rewards?
- Earning from Bitcoin Faucets is In the exchange of completing tasks or a captcha, users are awarded by Satoshi and that is Bitcoin Faucets.
- To earn free Bitcoins we will use faucets in the form of a website or online applications which will dispense rewards after completion of tasks.
- Furthermore, you can earn free Bitcoins with completed by simply referring friends, playing games and completing surveys and captchas.
- These faucet sites make their earnings from ads and distribute their earnings in rewards and expenses such as hosting. Furthermore, these sites provide users to Earn Free BTC every hour without any investment.
- The ads are pay-per-click, pop-up, pay-per-impression, or just there, chances are the site is making a steady stream of money just by having advertisements on the pages.
- In addition to ads, faucet sites might also have affiliate links to create some extra revenue.
- Furthermore, if users follow the link and sign up for or buy something then the faucets site earn from this link. Then it gives you some basic unit of Bitcoins.
Ways to Earn Free Bitcoins by Watching videos
There are some best websites and applications which offers free bitcoins for watching videos, playing games and completing surveys. Here is the list of these websites,
- BitcoinReward.net: This site provides offers such as watching videos, playing games and completing surveys and provide rewards up to 100,000 Satoshi (0.001 Bitcoin).
- BitTube.me: BitTube is a platform where publishers can make money for creating and watching content without ads.
- Eloot.gg: This site has paid more than $984,000 by taking surveys and watching videos.
- Vidybit.com: This site pays 3 Satoshi per video, all you need to do is providing your BTC address. You can use Xapo as it doesn’t have any minimum payout and it not stores any personal information.
- Coinadder: CoinAdder is one of the best payer for watching videos and viewing websites. Currently, they
So this is how you can Earn free Bitcoins online, you can choose any site from the above and start earing Free Bitcoins.