xapobtc.com is a Free Bitcoin faucet. A Bitcoin faucet is a website that offer its users small amounts of Bitcoins for doing nothing. You have to enter your Bitcoin address and a captcha (to prevent bots) and get paid.
You can claim 8000, 5000, 1000, 500, 400, 300 or 200 satoshi every 2 hour!
Refer anyone using your referral link and earn 10% of their earnings for lifetime!
We will Instant and Direct pay to your Wallet Xapo account.
Xapo is the most trusted bitcoin Wallet and Vault. It provides the security and convenience that bitcoin holders need to acquire, transact and manage their bitcoins. When you create a Xapo account you are given a Wallet and a Vault. Think of the Wallet like a checking account and think of the Vault like a savings account. Your Wallet is designed to hold the funds that you use for day-to-day spending and the Vault is insured and designed to hold the funds that you want to safely store for the future.
Okay. You can choose either service to get payment. But we recommend you to use Xapo. Because payment in Xapo is instant. You need not to wait for receiving payment. Most of the time users try hard to reach the minimum threshold using other wallet and if some faucets get empty , it becomes really harder to get the minimum threshold. So using Xapo wallet you not need to do any tension.
Bitcoin is world's first decentralized cryptocurrency. It uses cryptography to secure the transactions and to control the creation of new units. Bitcoin is different from other common payment processors like paypal, payza because of some unique features.
First It uses cryptography to secure the transactions and the bitcoin network is secured by individuals called miner.
Second Miners verify the transactions and verified transactions are recorded in a public transparent public ledger.
Third Bitcoin needs no bank clearance for making the transactions. That is why fees are much lower compared to others.
Satoshi Nakamoto is the inventor of Bitcoin. He published his invention on 31 October 2008 in a research paper called "Bitcoin: A Peer-to-Peer Electronic Cash system". It was implemented as open source code and released in January 2009. Bitcoin is often called the first cryptocurrency although prior proposals existed. Bitcoin is more correctly described as the first decentralized digital currency.
World's first bitcoin transaction was made between programmer Hal Finney and Satoshi Nakamoto. Satoshi Nakamoto sent 10 bitcoin to Hal Finney at the day bitcoin software was released. Hal Finney was one of the first supporters, adopters, contributor to bitcoin.
Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.
In 2010, an exploit in an early bitcoin client was found that allowed large numbers of bitcoins to be created. The artificially created bitcoins were removed when another chain overtook the bad chain.
Based on bitcoin's open source code, other cryptocurrencies started to emerge in 2011.
In March 2013, a technical glitch caused a fork in the block chain, with one half of the network adding blocks to one version of the chain and the other half adding to another. For six hours two bitcoin networks operated at the same time, each with its own version of the transaction history. The core developers called for a temporary halt to transactions, sparking a sharp sell-off. Normal operation was restored when the majority of the network downgraded to version 0.7 of the bitcoin software.
The first bitcoin ATM was installed in October 2013 in Vancouver, British Columbia, Canada.
As of 2013 mining had become quite competitive and was compared to an arms race as ever-more-specialized technology was being utilized. The most efficient mining hardware makes use of custom designed application-specific integrated circuits, which outperform general purpose CPUs and also use less power. Without access to these purpose-built machines, a bitcoin miner is unlikely to earn enough to even cover the cost of the electricity used in his or her efforts.
2013 is a significant year for bitcoin. At that time some mainstream websites started accepting bitcoin as their payment processor. Wordpress was the first among those mainstream websites which started accepting bitcoin in November 2012. This trend was followed by some other giant websites like OkCupid, Atomic Mall, TigerDirect, Overstok.com, Expedia, Newegg, Dell and Microsoft. In October 2013, Chinese internet giant Baidu started allowing bitcoin as a payment processor for their website security services. In November 2013, the University of Nicosia's chief financial officer introduced a term "gold of tomorrow" as the university started accepting bitcoin as payment for tuition fees.
Faster than bank transfer Bictoin transection is faster than any other bank transfer. Usually banks need manual approval before proicessing the transaction. Bank need to ensure that the sender have the sufficient balance before starting the transection process. That is why it needs time to make any transection using bank account.
On the other hand bitcoin transections are instant. Though it needs confirmation, still without confiramtion transection can be made. But in this way merchant needs to take the risk. Usually confirmation takes no more than 10 minutes. So bitcaoin can be a easy and safe way of transection.
Less fees than the bank cards Most of the cases bitcoin transections are free and some cases it can charge minimal amount. It has no monthly or yearly frees. Though using bank cards it is possible to make instant transactions, it involves charges and the amount is really considerable.
Bitcoins are more secure than the bank cards Using Credit or Debit card, transections can be made instantly but there is always secrurity issues. Credit card information can be easily stolen by phishing sites and malicious softwares. As credit cards need only 3 information like card number, expiry date and CCV/CCV2 to make any online transaction, if anyone get these 3 information, they can easily misuse of those cards.
On the other hand bitcoin transection needs a public key (Bitcoin Address) and a private key combing with some algorithm to make it success. So there is no posibilitiy to hack bitcoin unless knowing the private key. In this sense bitcoin is safer than bank cards.
Nobody is owning your account but you Most interesting feature of bitcoin is, you are the only owner of you bitcoin account. As said earlier bitcoin works with public and private keys, these keys are the only things related to your account. This is the main difference of bitcoin with other online payment gateway like paypal, payza, skrill etc. Each of these payment gateways has the owner. They can limit your account, freeze your money or do anything if they found any unusual activities in your account even it was you. So you need to contact their support team to get back full access of your account. All of us know about the libertyreserve which was a popular online payment processor. But this site has been seized by the US lllicit financial team due to some illegal activities. So all of the account holders of libertyreserve lost their money.
As there is no owner of bitcoin, this type of situation will never arise.
User infromation are kept private For doing transection with bitcoin, it is not necessary to reveal any of your personal information to the merchant. Even nobody will know what you have purchased. For other payment processor, you have to put your personal infromation along with what you are going to purchase. So anybody can make your payment as no one knows who hold a particular bitcoin address.
Less availability as payment gateway As bitcoin is relatively new, so availability of bitcoin as a payment processor is still low. Many merchants don't support bitcoin as a payment option like e-bay, amazon. So this can be a great disadvantage of buyer who are using bitcoin wallet. Though in recent years, using of bitcoin as a payment processor is increasing.
Volatility in market is higher If you analyze the bitcoin price market, you will find the great difference in the price per bitcoin within a short span of time. It was above $1000 per bitcoin in 2013 and in 2015 it was even about $200 per bitcoin. At the beginning of 2014-2015 fiscal year, the price of each bitcoin was around $600 and within 6 months it decreases to 177$. So the price of bitcoin is very much volatile. So bitcoin users should be aware of the bitcoin market. So we can say that you have the posibility to profit a lot of money through speculation as well as you lose a lot of money.
Transactions are irreversible There is a disadvantage of no chargeback function. That means if you make a transection using bitcoin, you cannot bring it back. So if you mistakenly send fund to the wrong address and if the receiver does not send back the fund willingly, you have to bear the loss. There is no option to get the personal information of any bitcoin address. As chargeback cannot be made, you have to be very careful before making any transection. If you go first for the payment of any item and the merchant refuses to give you the product in case of fraudulent activities, you cannot do anything against that fraud merchant.
Bitcoin Faucet is server based websites which allow to get easy and free bitcoin by doing simple tasks, seeing advertisements etc. A faucet is commonly used to refer to a valve or tap, in this case that starts and stops the flow of BTC. So bitcoin faucets are btc valve which can be opened by doing simple tasks. There are lots of bitcoin faucets you can easily find by google them. You may have question in your mind. How these faucets owners are paying constantly to the users and even in a short frequency like 30 minutes or 15 minutes? The answer is easy. Main income of the site owners is the ads revenue which are displaying in their websites. So the site owners simply share the revenue with you. The more the revenue, more possibility to get the higher reward. It is typical for faucets to have a referral system, where existing users referring new ones are rewarded with a pro rata portion of new users' earnings from the faucet. Faucets definitely played a role in the very beginning of Bitcoin. They helped spread Bitcoin and generated a part of the early user basis. Giving out numbers of Bitcoin for free was very common back then, since there was no idea about the value of them yet. Still faucets are doing the similar tasks. People are becoming interested using bitcoin as it is easy to earn via fauctes. Now a days lots of faucets are giving much more rewards and helping the users to make their bank.
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