Frequently Asked Questions

Here you can find the most Frequently Asked Questions that will help you understand and use this website and get the most from our community.

Free bitcoin faucets

Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.
Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.
Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts. Find out more in Wikipedia.
A clear description of bitcoin (BTC) and its subdivisions, as bit, mBit (millibitcoin), satoshi and the relation between them, can be found here.
There is a growing number of services and merchants accepting Bitcoin all over the world. You can use Bitcoin to pay them and rate your experience to help honest businesses to gain more visibility. One common use for Bitcoin is making purchases online. There are hundreds of online shops and retailers that accept Bitcoin. Using a search engine like Spendabit you can search through millions of products, all available for purchase with bitcoins. You can also find many businesses listed in online directories . There are also many local businesses, like cafes and restaurants, that accept Bitcoin. You can use to browse thousands of businesses across the globe.
Anyway a good start (and essential) is to open a bitcoin address in one of the most reliable wallets as Blockchain or Coinbase.
Before start claiming or anything else in the wonderful cryptocurrency world, you need an address. This will be your "account", where you can receive or send bitcoins and other cryptocurrencies. It is free to have one and generally you can have as many as you want. To acquire an address you must create a cryptocurrency wallet with a famous reliable platform. These are Coinbase, Blockchain, Xapo and others. We suggest Coinbase, it is an excellent choice because and it is more than a cryptocurrency wallet. It is an exchange platform, where you can also buy/sell other cryptocurrencies! Get one now:
Free wallet in Coinbase
In most faucets, the procedure is easy, you register using a username and password. Maybe they need an email, where an email mail verification is also needed. In other faucets it is more simple or just enter your bitcoin/cyptocurrency address and start to claim! Anyway, before start registering and claiming,it is essential to have a bitcoin address (or other cryptocurrency address).
Many faucets require to have a certain minimum amount of satoshis, in order to be able to withdraw, due to transaction fees spend. In order to have all claims instantly, they created cryptocurrency microwallets. With cryptocurrency microwallets you get paid instantly after every claim in your account there. You may have all your claims from many faucets in one place and when you acquire a certain minimum amount, you can withdraw to your wallet. One of the most popular cryptocurrency microwallets is Faucethub, create a free account here. It is very convenient and you can do a lot of things there, as you will see!
Create an account in Faucethub
There are many faucets out there, but this doesn't mean that all are working! We pay attention to quality and not quantity. If you want a list with all faucets that appeared in the Internet, go somewhere else. In our list you will find only elite faucets that
  • are not scam,
  • are trustworthy in payments,
  • pay high and
  • you can claim easily!
That way we give value to the time you spend on faucets, as you gain the maximum possible in the least time! ;)
Faucets try to ensure uninterrupted services to their members, but due to delays of payments they receive, delays in blockchain transactions due to high volume of traffic, extremely high fees a certain day, they are forced to delay the wallet's recharging. This is not a big problem, because faucets guarantee that you will not lose your earnings. Usually wallets stay empty for a few minutes or hours. But don't be afraid! You can still continue to claim and when wallets are recharged again, you can claim ALL! You don't lose your earnings!
The best strategy, in order to collect as many satoshis as possible, is to visit many faucets at the same time. But there are faucets that need a lot time in order to claim each time, so they consume a lot of your time and you don't earn much. Thus there are scam faucets that will not pay you. That is why we have collected the best, trustworthy and highly profitable faucets! With our list, you earn the maximum for the time you have available per day.

Buy Bitcoins

You can find solution with different payment methods to buy bitcoins in 250+ countries.
You will definitely find solution to buy bitcoins, as we support more than 80 payment methods. These are the most popular as Bank Transfer, Credit card, Paypal, Skrill/Mooneybookers, Western Union, Paysafe, Payeer, OKPay, ALipay, while we have also others, according to your country and your preferences.
Of course! In Easy Bitcoins Online you can find methods supported by Local Bitcoins, maybe the best world known peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can browse their website for trade advertisements and search for a payment method you prefer. You will find traders buying and selling Bitcoins online for more than 80 different payment methods.

Live prices

Live and historical cryptocurrency quotes are pulled from API.
Market Capitalization is one way to rank the relative size of a cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply. Market Cap = Price X Circulating Supply.
Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands. Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned). Max Supply the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.
Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing.

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