Bitcoin Bonus, or free Satoshi (one hundred millionth of a bitcoin), is a reward system that gives you free bitcoin after you complete a task.
Scams involving Bitcoin bonuses are more common as more people look to invest in digital currencies like Bitcoin.
Are you interested in learning more about Bitcoin Bonus? yes? then keep reading!
What is Bitcoin Bonus?
Bitcoin Bonus is a site that allegedly provides you with a way to earn Bitcoins for free and as a result, they call themselves a “Bitcoin faucet”. Since their claims seem a little too good to be true, you might initially assume that Bitcoin Bonus is a scam. Surprisingly, though, it is a legitimate website; however, you’ll soon see why it isn’t quite as good as it is portrayed to be.
The idea is that you can simply register on the Bitcoin Bonus website and submit a claim for your free Bitcoins every 15 minutes. Up to 5,000 Satoshi, or about $0.42 USD, is currently stated as the maximum amount you can receive per claim.
Additionally, since claims can only be submitted once every 15 minutes, the highest amount that could be made from free claims on this website would be approximately $1.68 per hour (excluding bonuses).
How Does Bitcoin Bonus Work?
To be able to participate in the program, you must have your ad-blockers turned off because the Bitcoin Bonus faucet primarily relies on advertising. They receive payment from advertisers who wish to have their ads displayed on the website.
There are a lot of advertisements on the site, as you’ll discover after turning off your ad blockers. So the advertisers are paying for this, then the creators of Bitcoin Bonus are taking a cut for themselves & finally they’re passing the rest down to the members (aka you)…
Members are reporting that they have successfully received payments, so it appears to be working right now. However, I do have one worry about what will happen if the site becomes so popular that membership fees outpace ad revenue.
I’m not sure if they have a plan for that; perhaps they do. However, as the membership base expands, I can’t see how this could continue to be viable. That’s why you generally don’t see many sites offering free money like this…
Anyway, on top of being able to earn through free claims every 15 minutes, there are also some other ways you can earn & some bonuses offered out too…
• If you submitted at least one faucet claim the day before, you will receive a daily bonus of 5%.
• You can earn 50% of the earnings accrued by anybody you refer
• You can multiply your earnings by playing games (they contain adverts too)
• You can collect more satoshi by completing offers & surveys
Overall though, despite all the different ways to earn & the bonuses that are offered, you are not really going to see any kind of significant income through this website. In actuality, you will only receive a very meager sum of money in exchange for your time.
is Bitcoin Bonus Legit Or a Scam?
If you don’t take this review seriously, you’re going to waste a lot of time because Bitcoin Bonus is a total rip-off and a scam.
Keep in mind that the most valuable resource you currently possess is your time. Use it to pursue online income opportunities that have been proven to generate $10k per month.
The Pros & Cons of Bitcoin Bonus
• The site provides you with a free way to earn Bitcoins
• The site has a good referral scheme, 50% commission is pretty high
• You can withdraw your earnings instantly to your CoinPot account
• Realistically you are getting paid very little in return for your time
• We suspect the site may not be sustainable as the member base grows
• The site is full of advertisements which gets annoying
• From my brief time on the site we discovered that some of the advertisements lead you to scams
Who Uses Bitcoin Bonus?
The first target audience for Bitcoin Bonus is individuals looking to earn some extra cash online and acquire some Bitcoins.
Advertisers who market goods and services to cryptocurrency enthusiasts make up the other category. This website gives advertisers the chance to connect with cryptocurrency enthusiasts.
Websites with bitcoin faucets typically have a lot of traffic, and Bitcoin Bonus is no exception. The site receives a lot of traffic because many people are interested in cryptocurrencies, which gives advertisers the chance to reach a large audience. This is most likely the cause of the site’s heavy ad load.
You have the chance to earn Bitcoin for nothing thanks to Bitcoin Bonus. The website states that you can make up to 5,000 Satoshi every fifteen minutes. To receive your free Bitcoin, you simply need to correctly enter a reCAPTCHA.
What Are Bitcoin Bonus Scams?
Bitcoin bonus scams promise a bonus or reward for investing in Bitcoin or other digital currencies. To convince unwary victims to invest in the scam, the con artist frequently creates a false website or social media post. The fraudster will then try to steal the victim’s money or personal information.
In some instances, the con artist will demand payment from the victim before the bonus or reward is granted. Additionally, the con artist might request that the victim divulge personal data like credit card numbers or bank account information.
How to Spot a Bitcoin Bonus Scam?
When it comes to Bitcoin bonus fraud, it’s crucial to keep in mind that if something sounds too good to be true, it probably is. Here are a few red flags to watch out for when it comes to these scams:
• High return promises: A trustworthy investment opportunity won’t make claims of unusually high returns in a short amount of time.
• Requests for personal information: Reputable companies won’t ask you for information about your credit card or bank account.
• Unusual low fees: To convince victims to invest, scammers may offer low fees. Any investment opportunity that advertises atypically low fees should be avoided.
• Unprofessional websites: To entice victims, scammers may use posts on social media or unprofessional websites. Any website or post that appears unprofessional or poorly designed should be avoided.
How to Protect Yourself?
Educating yourself and being aware of the warning signs are the best ways to guard against Bitcoin bonus scams. It’s crucial to conduct your own research on the business or person providing the investment opportunity before considering any investment opportunity.
Furthermore, it’s crucial never to give out private information to anyone, including credit card or bank account numbers. The best course of action is to leave and decline the investment opportunity if you are asked for this information.
Finally, it’s important to be aware that there is no such thing as a “guaranteed” return on any investment. Every investment involves some risk, so before you invest your money, it’s crucial to understand the risks involved.
Scams involving bitcoin bonuses are becoming more prevalent, so it’s critical to understand the different kinds of scams and how to stay safe. When considering any investment opportunity, be sure to do your homework and be alert to the warning signs. Always keep in mind that if an offer seems too good to be true, it probably is.