Posts in Category ‘Bitcoin Wallet’

Bonus Bitcoin – Every fifteen minutes

Bonus Bitcoin* is the third website where you will receive Bitcoins. First create an account by entering your email address and a strong password, then confirm your email. Then, after you have solved the spam protection and clicked on the button “Claim now! Your Bitcoins.

Every fifteen minutes you get Bitcoins. You can get up to 5000 Satoshis, i.e. 0.00005 BTC per claim. Also with Bitcoin Bonus your Bitcoins will be transferred to Coinpot immediately. Bonus Bitcoin can be excellently combined with Bitfun.

Mellow Ads – Once a day according to the Bitcoin revolution

Mellow Ads* is another website for free Bitcoins. However, this is only worthwhile for advertising the Bitcoin revolution, why, you’ll find out later. You get 500, 1.000 or 5.000 Satoshi credited per day. All you have to do is create an account for the Mellow Ads Bitcoin revolution Faucet.

You create the account by clicking on Register and then entering an email address and a strong password. Solve the spam protection and confirm the email to open your account. You will then receive the above amounts once a day. Just click on “Claim now” in the faucet, uncheck the spam protection of Google reCaptcha and click on “Claim”.

To get Bitcoins at Mellow Ads, you need to turn off your ad blocker. Only picture ads are displayed and no pop-up ads, which is very pleasant unlike some other websites. Unfortunately the minimum payout on Mellow Ads is very high. You must have collected at least 0.001 Bitcoins before you can pay out your Bitcoin.

In addition, you can only use the Bitcoins for advertising purposes. You will receive a “Network Advertising Credit” which cannot be paid out. But you could use your credit to promote your own website or even to promote your affiliate links of other Bitcoin faucets like freebitoin or bonusbitcoin and thereby increase your free Bitcoins.

Information for the start

All websites that offer Bitcoins for free run approximately the same way. You have to open an account and then you will receive small amounts of Bitcoins within a fixed period of time. The time periods and the Bitcoin amounts differ among the providers. The payout methods can also be different.

For some it may not pay off to receive only cent amounts each time. If that applies to you, you should buy Bitcoins instead of earning Bitcoins. However, if you are disciplined about collecting in the long run, you can earn larger sums.

To receive Bitcoins you need a Bitcoin Wallet. A Bitcoin Hardware Wallet is very secure, but it costs at least 80€. If you don’t want to spend money, you can install a Bitcoin Desktop Wallet (in a secure environment) or create a secure Bitcoin Paperwallet.

Free Bitcoins and the tax
Not conclusively clarified is the tax treatment of income from Bitcoin Faucets, but you should also have that in mind. The predominant opinion is that this is a gift, which is why you have to pay attention to the gift tax.

To what extent this applies cannot I answer you unfortunately. Cointracking* is an excellent way to get an overview of the free Bitcoins. You could give this overview to your tax advisor to be on the safe side.