Getting your first Cryptocoins


Before you can do anything with a cryptocurrency (such as Bitcoin, Ethereum, etc.) you need a wallet to put them in. Most coins have an official website where you can download the software to create a wallet on your own computer. It allows you full control of your own coins. A disadvantage of this is, that the entire blockchain of the coin needs to bee downloaded to your computer, which can take several days, and takes up several gigabytes of diskspace.

An alternative is using an on-line wallet. Those are easy to set-up, en many even offer multiple coins, and exchanges between them, so you can even trade. As with most on-line services, you should be very careful with your coins. Best strategy is to spread them out across multiple sites, so in the case of fraud, or a hack you don’t loose everything at once. Here are some on-line wallets I have been using for some time:



You can also trade beteween different altcoins on these sites:



One way of getting cryptocoins is by mining them.
Cloud Mining is the easiest method of getting BitCoins. You don’t have to use your own computer to do the hard work, but share the massive computing power of large mining pools.
This site offers a multi-coin client for several platforms (Windows, Linux, Mac) that can mine multiple coins at the same time, and even supports other mining pools.
 There are also a lot of sites that offer cloud-mining as an investment. Be very careful when using these kind of services. In the past there have been many scams, so only invest small amounts, and only what you can afford to lose completely!
The following sites give you a certain amount of minig power as a welcome-bonus. So you could try them out, and see if they actually pay out before investing anything!


Another way of getting cryptocoins is by using Faucets. These give you a very small amount of the chosen cryptocoin. Following is a list of free faucets for various Cryptocoins:

A lot of faucets require your coin address to be registered with FaucetHub. Faucethub also has a list of all of their connected faucets so it’s a good starting point. Register here:

Another site that has multiple faucets in a so-called “rotator” is this one:

Some faucets work better than others. I’ve selected some faucets I use frequently.

Bitcoin Cash

These are among the first Bitcoin Cash (BCH) faucets:


Monero (XMR)

Only one working faucet is currently known:

Ethereum (ETH)

BlackCoin (BLK)

LiteCoin (LTC)

BitCoin (BTC)