Moon Bitcoin is a free Bitcoin faucet that allows users to earn small amounts of crypto whenever they complete a task --- be it filling up a survey, watching a video, or sharing a link. It's one of the best ways to get Bitcoin (BTC) instantly and for free.
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Bitcoin faucets can be a great way to earn your first units of BTC, or more specifically, Satoshis, which are the smallest units of Bitcoin. Similar to how cents are the smallest units of a dollar.
While you're unlikely to make a fortune through Bitcoin faucets, many still choose to use them as they are seen as a relatively quick, easy and low-risk way of acquiring free Bitcoin to begin using, trading, and investing in cryptocurrencies.
It doesn't hurt that Bitcoin's value is expected to continue to surge in the coming years, outperforming national currencies and traditional financial markets. This is especially true in countries such as Venezuela, where both the government and citizens have embraced the use of cryptocurrencies as a means to stimulate economic activity.
So how can you earn free Bitcoin from anywhere in the world, Venezuela or otherwise?
Source: CoinCola
One way is using a free Bitcoin faucet such as Moon Bitcoin. The faucet was founded in late 2014, and they've not only remained one of the top Bitcoin faucets in the cryptocurrency space, but they've also expanded to provide other free faucets such as Moon Litecoin and Moon Bitcoin Cash.
The 'Moon' faucet brand has become so popular that fraudulent websites attempting to associate themselves with the brand have begun to pop up --- so be sure you have the right website before signing up.
Ultimately, what sets Moon Bitcoin apart is its:
1\. Simplicity: Moon Bitcoin has been around for a while, so they have a relatively set system. The faucet is also simple and easy to use.\ 2\. Frequency: You can claim rewards every five minutes --- much faster than other faucets, which typically only allow users to claim rewards in intervals of 15 minutes, 30 minutes, 60 minutes, or longer. The faster the reward cycle, the more you can earn.\ 3\. Flexibility: Not only can you earn BTC every five minutes, but you can also even earn it offline. Is allows for maximum flexibility since it is up to you to decide how much BTC you want to earn and how frequently you would like to do so.\ 4\. Fees: There are no fees to get started. Simply head over to Moon Bitcoin to sign up. However, the payment system which the site uses, CoinPot, may charge a fee for withdrawals.\ 5\. **Bonuses:** The faucet offers loyalty bonuses and various ways to earn Bitcoin. Bitcoin Moon and its sister faucets such as Moon Bitcoin Cash operate on a model similar to the traditional online advertising model, which runs on clicks and views.
Advertisers pay the faucet to promote their product or service, while users who view, share, or interact with said advertisement through the platform earn a tiny slice of BTC in exchange for their time and attention.
Source: Wunbit
In summary, here's how you can start using this free faucet:
Step 1: Visit the Moon Bitcoin faucet. Bookmark the page if you intend to claim rewards regularly.
Step 2: Sign up for CoinPot, the cryptocurrency payment service that Moon Bitcoin uses to pay its users. There is no fee to sign up; only an email address is required. Your earnings will be deposited in your Coinpot account.
Step 3: Get your own Bitcoin wallet and set it up. Withdraw your earnings from your Coinpot account to your wallet to secure your Bitcoin.
Have you tried Moon Bitcoin, Moon Bitcoin Cash or other free crypto faucets? Do share your experiences with us in the comments below.
In the meantime, be sure to check out our lists of the best Bitcoin Cash wallets and learn the difference between Bitcoin and Bitcoin Cash.
