Frequently asked questions
SatsFaucet works in collaboration with companies that want to advertise their games, apps, surveys or products.
1. Choose a task on the offers page or in an offerwall. You can sort the offers by differents options to find those who match with your criters.
2. Complete the offer. It takes between 2 and 10 minutes for the most offers.
3. After you have completed the offer you will earn coins. 10000 coins = $1. Once you've reached 50000 coins ($5), you can instant cashout your coins for satoshis (bitcoin).
You can also earn coins by claiming free bounty every hour, completing challenges and using our affiliate program.
It is easily possible to earn more than $100 of sats (bitcoin) per month on SatsFaucet, some users even reach more than $1000 of sats (bitcoin) each month. Check out the Leaderboard to see how much the most active SatsFaucet users have earned.
Your SatsFaucet account balance is set in coins. 10000 coins = $1. The sats/btc amount you see on your interface is a real time conversion of your coins balance. Once you've reached 50000 coins ($5), you can exchange your coins and you receive sats/bitcoin directly to your Lightning Network wallet (for example: Phoenix Wallet, BlueWallet, Wallet of Satoshi) or FaucetPay account.
Satoshi (SATS) is currently the smallest unit of the bitcoin currency. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto.
=
$1
=
0.00000001 btc
Coins have a price tied to the US dollar (10000 coins = $1) and can be exchanged at any time against sats (bitcoin). Your wallet balance is set in coins. Your sats balance is a live conversion of your coins balance amount.
There is multiple ways to earn experience points (XP) when using SatsFaucet
Completed offer/survey:
- < 1 coin: 0 XP
- < 100 coins: 1 XP
- < 1000 coins: 5 XP
- >= 1000 coins: 10 XP
Completed challenge: 5 XP
Claimed bounty: 1 XP
Claimed code: 1 XP
Affiliate completed offer: 1 XP
The Lightning Network is a second-layer (layer 2) payment protocol that runs on top of the Bitcoin blockchain. It's designed to provide faster and cheaper transactions compared to traditional Bitcoin transactions, which can be slow and expensive.
Lightning Addresses are to Bitcoin what email addresses are to communication. They offer a simple, memorable way to send and receive Bitcoin through the Lightning Network. This breakthrough is streamlining Bitcoin transactions, making them as easy as sending an email.
Example: [email protected], [email protected]
If you haven't been credited for your offer completion yet, please ensure that 72 hours have passed first since you completed this offer as the crediting may simply be delayed on the offer provider's side. Once 72 hours passed, please contact the according offer provider that this offer was completed on. Once you've reached out to them, please keep in mind that in some cases it may take a few weeks for them to get back to you whenever they are dealing with higher volumes of user inquiries.
Your account balance is set in coins. 10000 coins = $1. Your sats/bitcoin balance is a real time conversion of your coins balance. If the bitcoin price goes up your sats/bitcoin balance will decrease. If the bitcoin price goes down, your sats/bitcoin balance will increase. When withdrawing, the coins amount is converted to bitcoin based on the current price, and you receive the amount directly to your Bitcoin wallet.