How cool would it be to earn money while you sleep?
Most people are familiar with the principle of compound interest. Unfortunately, most bank accounts available to consumers, even the highest-yielding ones, normally top out at 1-3 percent APY.
What if I told you there was a safe and easy way to earn just over 4% APY on your savings? All you need to do is obtain some Bitcoin, and hold it in the right place.
Keep in mind as you read that every link on this page is a referral link, and I will earn a commission from your earnings as a result of you signing up. That being said, I would be thrilled if you’d help me out by clicking on them and joining my crypto tribe.
Set yourself up for success
Before you do anything with your Bitcoin (or buy any, if you haven’t yet!), you’ve got to get an account with Freebitco.in – it’s the only Bitcoin faucet I have found that allows you to hold your money safely while earning interest – at a rate of 4.08% APY.
Once you have an account, you can “roll the wheel” for totally-free bits of Bitcoin (we’re talking tiny bits here), or play gambling-style games in order to win (or lose) slightly bigger bits.
One benefit of creating an account with my referral link? I share profits with ALL of my referrals.
That’s right! I take care of my team by giving back a portion of the referral commissions that I earn. The more you participate on the site, the more I share.
To date, I’ve shared 0.00016969 BTC (around $1.35 USD) with my most active referral. Doesn’t seem like much, but every little piece adds up when you are earning compound interest. Plus, the value of BTC is projected to increase dramatically in the next few years.
Once you’re set up with your Freebitco.in account, it’s time to hit the minimum balance required to start earning 4.08% APY. They state that you must hold at least 0.0003 BTC in your account in order for the interest to start accruing.
There are a few ways to do this …
- You can roll the free faucet wheel until you reach the minimum – more than 1,000 Freebitco.in free faucet rolls.
- Sign up for other crypto faucets on the web, and send all your earnings to your Freebitco.in account. This will still take awhile, maybe a month or more depending on your dedication.
- Purchase some BTC with your native currency, and deposit it into Freebitco.in to get the savings started. It’s only about $3 right now to reach .0003 BTC! Are you willing to risk it for the biscuit?!
When I started, I did a combination of all three. I was nervous about putting my “real money” into some random website, but it took me very little time to reach the minimum once I did. Plus Freebitco.in is SUPER transparent about how they use and make even more Bitcoin.
So, where do you buy Bitcoin if you don’t have any yet? I like to use Coinbase as my “home base” for cash-to-crypto transactions, either buying Bitcoin with US dollars, or turning Bitcoin from my online faucet accounts into dollars.
Coinbase makes it easy to send and receive your cryptocurrency anywhere, 24 hours a day, securely, and with nominal fees.
Earn even more with fun faucets
The internet is home to hundreds of sites, called “faucets,” which reward you with FREE cryptocurrency in exchange for watching ads and completing offers and other small tasks.
Using the 8 or 9 main faucets that I’ve grown to love, I add around 50,000 satoshi to my Freebitco.in account every month. That means my compound interest grows even faster.
Coinpot is an awesome microwallet linked to 7 different faucets – and their platform lets you convert “altcoins” into Bitcoin, or vice versa, so you can experiment and “day trade” with various cryptocurrencies as you get the hang of it.
Cointiply is another outstanding faucet site, with hundreds of different ways to earn points which can later be cashed out for BTC. Cointiply also pays interest if you keep a minimum threshold in your account (which I do!).
Both of these sites have been trusted for years, and show no signs of shutting down anytime soon. I’ve made some good money playing around on these sites, and learned A TON about Bitcoin in the process.
I sincerely hope that you have as much fun with your crypto journey as I have. I currently earn 0.00000334 BTC (~2.5 cents USD) every single day without lifting a finger.
How much will you earn?
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Wanna learn even more about Bitcoin?
Check out some bold literature on the subject: