Cryptocurrency over the years has made a great stand in trade market and I believe that you'll agree with me that it has come to stay. After the great breakthrough of Bitcoin, other altcoins have emerged, some from the Bitcoin block chain and others on their own block chains.
Bitcoin as at November 2020 has scaled in the range of $13,000. You can agree with me that that's a great achievement for a crypto that started with people being highly skeptical about investing in it. With this current analysis it'll be safe to say in a few years time Bitcoin and other altcoins including ethereum will be a very lucrative investment for the future. Which means if you have a little crypto now it will bring great returns given time.
Now, I know you might be saying " I want to own crypto but I don't have the money to invest in crypto" No problem. Some faucets have breeched this gap for us all!
Before we begin, you will need these checked;
1) A Smart phone or Pc
2) You will need a working internet.
3) Some spare time. You can earn Satoshi (a bit of crypto which piles up over time) as quickly as every five minutes!
4) An online crypto wallet (coinpot.co)
5) An offline crypto wallet like trust wallet (optional).
These are pretty much easy to get for the average person.
If you've got the above then we may begin!
The faucet I'll be discussing here is Moon Bitcoin
Moon Bitcoin is a faucet that allows you to claim Bitcoin (Satoshi) every 5minutes directly to your coinpot.co wallet.
There are many faucets out there that have various reward systems and uniqueness but the major reason I chose to pick out Moon Bitcoin is because there is to limit to the claims made per day. You can even decide not to claim the regular 5minutes but instead claim the accumulated amount once per day.
Unlike some faucets that have a fixed amount they pay per the given time frame, Moon Bitcoin's system accumulates with time (no fixed amount). And this amount accumulated can also be doubled.
They have a reward system that can be doubled based on three criteria
(1) Loyalty bonus
(2) Referral bonus
(3) Mystery bonus
Let's take them one at a time shall we!
•The loyalty bonus increases your reward that has accumulated based on how many days you've been active(made a claim) on the site. It ranges from 1-100% bonus
•The referral bonus is determined by how many active referalls you have (how many of you invitees has made a claim in the last 72 hours)
•The mystery bonus is pretty much determined by them--i mean it won't be called mystery otherwise right!
One question that's probably going through your mind is 'how does this work?' I'm going to lay a simple breakdown.
Faucets generally earn their money through advertising and traffic. All you need to do to earn cryptocurrency from them is to input in captcha i.e I'm not a robot. Then 'voila' they pay directly to your crypto wallet.
One of the wonderful things about coinpot is that as many times as you make a claim to your wallet they credit you with coinpot tokens which can be converted to get more Bitcoin or even to other crypto. The choice really is all yours. You can also do conversion of any of your crypto to the other anytime you want without a fee
Remember to drop comments if you liked this post or if you have questions. Cheers.
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