Six Easy Steps to Collect Free Bitcoin

Starting Simple

I’ve been dabbling in small cryptocurrency projects for a little while now and a number of my friends have reached out and expressed their interest in how to get started with cryptocurrency. This is a simple tutorial on how-to create and fund a wallet on a cryptocurrency exchange for free.

Step One – Create a Secure Email Account for Cryptocurrency

To begin with, if you have not done so already, create a new, secure, email address to connect your cryptocurrency accounts to. I like https://tutanota.com/ for this. Having a unique email address dedicated to crypto-projects will make it harder for people to compromise your account by linking it to your identity. Don’t post this email address anywhere and don’t share it.

Step Two – Create a New Exchange Wallet on the KuCoin Exchange

Once you have your secure cryptocurrency email address you will have to go over to the KuCoin Cryptocurrency Exchange. Create an account on the exchange using your new email account. https://www.kucoin.com/

Step Three – Find Your Bitcoin Wallet Address

After you have created your KuCoin account, navigate to https://www.kucoin.com/assets/coin/BTC, and click “Deposit”. You will see your “BTC Bitcoin Wallet address” it looks something like “3Q1p3sW1BPbTvz1BFqhrMg5ipmVC31Kbtx”. Copy that and save it. You’ll need it.

Step Four – Create a Micropayments Wallet

We’re going to be collecting Bitcoin from faucets momentarily. Faucets are the magic money dispensers of the internet. Like most magic money dispensers, there’s a catch, you’re not going to get rich just by rubbing the genie’s magic lamp. Bitcoin faucets pay only tiny fractions of a Bitcoin per payout. In order to transfer these small amounts without losing a significant percentage of the funds to transaction fees, we’re going to create a Micropayments Wallet.

For this demo, I’ve chosen to use Cryptoo.me service to create our micropayments wallet. Funds will accumulate in our micropayments wallet until we have enough to justify the blockchain transaction fees required to move the coin to the exchange.

Take the Bitcoin Wallet address you copied in step three and use it to create a micropayments wallet at https://cryptoo.me. Don’t forget to use your secure email address when creating the account.

Step Five – Collect at Least 100000 Satoshi from Bitcoin Faucets

Now we’re ready to start collecting Bitcoin by visiting faucets. This morning I tested a couple of hundred alleged “Bitcoin Faucets”. A vast majority of them didn’t work. A few of them tried to hack me or spam me in some way. I was able to narrow it down to twenty-five faucets that appear “mostly harmless”. These Bitcoin Faucets worked with Cryptoo.me AND paid out on the morning of June 17, 2020.

Functioning Faucets as of June 17, 2020

  1. https://zadeshare.com/crypto/bitcoin/
  2. https://bitscoin.space/bubbleshooter/
  3. http://vrdbest.co.za/
  4. http://minibitcoins.in/claim/
  5. http://todaybitco.in/faucet/
  6. https://www.mrcrypto.me/speed-racer/
  7. https://bitscoin.space/bitcoin-faucet/
  8. https://criptoservis.site/kran1.html
  9. https://10btc.ru/faucet-2/
  10. https://10btc.ru/bitcoin-fauset2/
  11. https://tsspot.com/bitcoin-faucet-125248/
  12. https://cryptostashs.com/bitcoin-faucet/
  13. https://bitcoinx.ru/
  14. https://binary-btc.space/
  15. https://godsunchained.tk/bitcoin-faucet/
  16. https://bitcoinzadarmo.sk/en/btc-satoshi-faucet/
  17. http://icecolddice.com/
  18. https://satoshimodels.com/faucet/
  19. http://todaybitco.in/faucet/
  20. http://bitcoindevelopment.es/faucet/
  21. https://askpaccosi.com/faucet/
  22. http://mudawarin.xyz/bitcoin-faucet-cryptoo/
  23. https://cryptogate.world/
  24. https://pornfountain.com
  25. https://pornfaucet.com

Step Six – Transfer Funds from Micropayment Wallet to Exchange Wallet

Finally, withdraw your collected funds to your KuCoin Wallet by going to https://cryptoo.me/withdraw/

What’s Next

Next, you’ll start trading your crypto on the exchange, using it for economic transactions, or mining it yourself. As I get time I will explain how to do these things here on Source Passive. Until then, I hope you’ve enjoyed this little tutorial on getting started with Bitcoin for free. Feel free to reach out if you have any questions!

Full disclosure – Whenever possible, I collect referral rewards on links traffic. My policy of accepting funds from advertisers does not imply my endorsement of their service unless specifically noted.

Give Me That Universal Discount

I am addicted to buying things online. I don’t have to endure bussing all over town just to look at a limited selection and to stand in line. Arguably,  I’m spoiled. It makes sense to me to see every variation on a product possible, every Chinese knockoff, every designer brand. Everyone has standards, sometimes my standard is; “I have this much money”.

I already have explained my opinion on the “universal discount” that I should get just for being me. Recently I found an app that comes pretty close to that online. Rakuten (formerly Ebates) is another in a long series of cashback apps. The thing that makes this one special is that it works. There are hundreds of participating retailers and you get a significant amount back. I’ve made almost $50 in the last couple of months. It’s not huge but it’s super easy.

I installed the Chrome extension and the phone app. When I’m browsing a relevant shop, I get a notification to turn on cashback and then it’s done. Qualifying purchases automatically return cash to my account. I often use this in conjunction with purchasing an Amazon gift card. You get 5% from the gift card and 4% from Rakuten. Not a shabby return on something I would have bought anyway.

Another unique bonus of this app is that it works on Lyft rides so you get discount transportation to boot.

You can get started with Rakuten here. You’ll get a free $10 bonus the first time you shop with the app for using my referral link. Enjoy your free money back.

In Search of The Least Evil Bank

I haven’t always been a big fan of banking. It’s one of those things that the more you dig into it, the creepier it gets. What exactly are these tokens we spend all our time chasing? Where do they come from? Who decides how it’s going to work? I’m no conspiracy theorist but the whole thing sort of does make me want to wear a tinfoil hat.

I didn’t have a bank account for 20 years. Not that I had much worth putting in a bank. Nonetheless, when I finally had to break down and embrace the plastic in early 2017 I decided to do the legwork and figure out which bank was “least evil”.

The answer turned out not exactly to be a bank. It’s a credit union, originally founded in 1935 to serve the employees of The Boeing Company. It’s an incredibly progressive, socially conscious credit union without fees. 

So what?

Well, I’m on the quest for free money. Who doesn’t like free money? Until December 31st, BECU is offering us both free money. It’s not a completely commitment-free offer. You’re going to have to open a BECU account to make this work.

Here’s how it works:

  • Establish BECU membership by opening a Member Share or Member Advantage savings account and checking account.
  • Use promo code 100REF18 and referral code 2250727
  • You must keep your account open for 90 days

 

  • You must also perform 5 or more qualifying actions from this list:
  • » Make a purchase using their BECU Debit Mastercard®
  • » Write a check or electronic check
  • » Make a payment using bill pay

OR

  • Deposit $500 or more into your new checking account

 

It seems like a simple enough way to make $100.

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