As you may know there are a lot of cryptocurrency faucet programs out there. Most of them are just regular faucet where we can claim, get the reward and wait again before we can repeat the process to get the same reward again.
There are also some of them that use a lump sum mechanism where instead of claiming for the same amount, we can wait longer and get higher amount. This way we don’t really have to claim exactly as when the timer tell us we can claim again.
This is not a new mechanism. I have written another one review before about ES Faucet. Moon faucets, from the Coin Pot group also use the same kind of faucets.
If you are looking for another program like ES Faucet or the Coin Pot group, you should try out Yannik.biz. Another lump sum faucet program where we can earn free Bitcoin.
So, who is Yannik.biz? Is Yannik.biz legit or scam? What other feature that we can use to earn from them?
Those are probably just a few questions that came to mind after hearing about Yannik.biz. Well, in this article, I’m going to share with you my Yannik.biz review based on my experience and what I can find from the internet.
Hope it helps. Is Yannik.biz going to be the best faucet program?
Click or tab on any sections from the table of contents to jump right to that part. Use the red arrow button on the bottom right corner of the screen to head back to the top
Type: Faucet (10 minutes min., Multi Coins)
Feature: Lump Sum Faucet, Loyalty Bonus, IOTA Faucet, Jackpot, Interest, Offerwalls, Promo Code, Bounty, Hi-Lo Game
Referral Commission: 15%
Payment Method: Bitcoin Wallet, IOTA Wallet, FaucetPay.io
Started Since: March 2015
My Status: PAYING (August 2020)
News and Update
August 2020. We can now withdraw our Bitcoin earning from Yannik.biz via FaucetPay.io, the micro wallet. The minimum is 15,000 satoshi and some fee will deduct from that amount.
It seems that the payment is processed manually. For payment directly to our Bitcoin wallet, the fee is now 4,000 satoshi.
March 2020. It has been a few weeks since the problem occurred to MIOTA network for the wallet. The owner of Yannik.biz themselves has stated that any payment will be postponed until further notice.
February 2020. Yannik.biz added their own Paid to Click feature (PTC), not from 3rd party offerwalls. Not only we can earn more Bitcoin, but we can also advertise starting from 1,000 views for 12,000 satoshi.
As we can see from their website that they have been around since 2015. It has been long enough then. From what I know they used to have 2 separate faucet websites. This one for Bitcoin and the other is for IOTA (FreeIOTA.de).
We can easily get in touch with them via various social media accounts which we can access from the bottom of their homepage. There is even an address in Germany, which I really can’t tell how accurate that address is.
Even on some forums Yannik.biz has been very active replying in their thread. It is not very common for other similar programs to share a lot of contact info, really hard to say if they are not a legit program.
Another unique thing about Yannik.biz is that the registration is very simple, just fill the email address and we can immediately sign in without any password. The password is just to unlock if we want to make a withdraw. More about this later.
There are other programs that use the same mechanism, but most of them requires wallet address instead of email. With email, it is easier to remember and to keep the data while people can easily change their wallet address, which is not very good for a long term program.
I’m not sure if they have updated their front homepage. Clearly we can no longer get paid via FaucetHub.io as the page suggests. Another interesting thing is that I think the owner write the script themselves and they are offering the script for anybody to buy in 2018.
Bitcoin and IOTA Faucet Feature
Bitcoin and IOTA Faucet is the main feature of Yannik.biz. From a cryptocurrency faucet program, any member can earn free money in form of the cryptocurrency, for almost doing nothing. The least we should do is to click just a button.
Sometimes they will require us to do a bit more from solving captcha, clicking and viewing some ads. The amount we can get is not much, considering how little the effort is. However, usually we can repeat the process, claiming the free coins over and over again after waiting for interval time.
In the case of Yannik.biz we can get both Bitcoin and IOTA coin from two separate and different coins. The two of them has different way to use and earn from.
Initially, the owner of Yannik.biz has two separate faucets in two different domain. Yannik.biz is for Bitcoin and FreeIOTA.de is for IOTA faucet but now we can use both feature within Yannik.biz. This part will discuss about the first coin and the next section will discuss the latter.
Bitcoin Faucet – Lump Sum
To claim from the Bitcoin faucet, after we sign in to our Yannik.biz account, we can click on FAUCET menu from the left side navigation widget. After that we can click on Bitcoin from the two faucets. The next picture is what we are going to see.
We need to click on the green CLAIM HERE button in the middle of the screen. It will display a small pop up window as shown in the second picture below.
If we click on the green button again, there are two things that could happen. One is that we can immediately get the Bitcoin or occasionally, a captcha system from Google will appear and we have to solve it.
After we have successfully claimed the reward, we will return automatically to the member home or dashboard. If we return to the Bitcoin faucet again, a timer will replace the claim button and we have to wait for the countdown before we can repeat the process, claim again.
At this time, we can claim again after 600 seconds or 10 minutes. There were times when they changed them to an hour but they returned it to 10 minutes again.
We can claim again after that time if we want but Yannik.biz Bitcoin faucet is what I called as lump sum faucet. For a regular faucet, after the timer is up, the amount will be the same for each claim. However, that is not the case for Yannik.biz.
The longer we wait, the more we can earn from one claim. Of course, if we claim every 10 minutes we will get higher in total than from just one claim after, let’s say, an hour.
From the Bitcoin faucet claiming page of Yannik.biz, there is another green button which says CLAIM RATE, as shown from the picture below. If we click on it a pop up window will appear to tell us how much we will get for every waiting time.
Here is the current rate. The rate can change depending on some variables.
10 minutes waiting: 2 satoshi
15 minutes waiting: 4 satoshi
30 minutes waiting: 6 satoshi
1 hour waiting: 10 satoshi
4 hours waiting: 18 satoshi
1 day waiting: 40 satoshi
As we can see that from the picture, the rate is twice as much from what I write here. That is because the displayed rate already include the loyalty bonus, which I will talk about it on later section.
Based on the numbers above, the best time to claim is after 15 minutes because it will get higher with shorter time. For 10 minute we get 2 satoshi or 20 minutes, we claim twice and get 4 satohi while we can get the same 4 satoshi just waiting for 15 minutes.
With a lump sum faucet like this, then we might actually want to wait a bit longer if we are about to reach the threshold. Like instead of claiming immediately after 55 minutes, we might want to wait just another 5 for higher amount.
We will not get anything midways, either we claim immediately or wait for the next threshold. For example, using the number above, we will not get 5 satoshi between 15 to 30 minutes.
IOTA Regular Faucet
The second faucet is the IOTA faucet which was added in the end of 2019, integrated from the different domain FreeIOTA.de. To claim the IOTA, we can do like the Bitcoin faucet, click on FAUCET menu from the member dashboard after we sign in.
After that, instead of clicking on Bitcoin, we can click the IOTA. Similar to Bitcoin faucet, there will be a green button that says CLAIM HERE. If we click on it, a pop up small window will appear with a captcha. This time, the captcha is from Solve Media.
We need to solve it to earn the IOTA coins and return to the main dashboard page. If we try to claim again right away, the faucet claiming page will now have the timer replacing the button.
For IOTA the timer that we need to wait before we can claim again is 60 minutes or an hour. The difference between this IOTA faucet with the Bitcoin faucet from Yannik.biz is the IOTA faucet is just a regular faucet.
We won’t get higher reward by waiting longer interval time. As we can see from the picture here, this faucet instead use a lucky number system. We roll a number and it will determine the reward we can get. If we are lucky enough we will get up to 1 MIOTA or 1 million IOTA.
Like the Bitcoin faucet, there will be additional amount from the loyalty bonus.
Here is the detail of possible rewards we can get each claim from Yannik.biz IOTA faucet. The equivalent Bitcoin amount at the end are based on the rate at this time.
0 – 9885: 500 IOTA (1 Bitcoin satoshi)
9886 – 9985: 2,000 IOTA (4 Bitcoin satoshi)
9986 – 9993: 5,000 IOTA (10 Bitoin satoshi)
9994 – 9997: 10,000 IOTA (20 Bitcoin satoshi)
9998 – 9999: 100,000 IOTA (200 Bitcoin satoshi)
10000: 1 MIOTA (2,000 Bitcoin satoshi)
These numbers are the base reward from the claim. As we can see from the last picture above, right next to the reward there will be the additional amount from the loyalty bonus.
This is a common offer from other similar faucet program. We will get additional bonus by consecutively claiming from Yannik.biz faucet. Each consecutive day will increase the bonus by 1% and we can get up to 100%.
That means, we can get double the amount each faucet claim if we can keep at least claiming once a day everyday for 100 days at least. From Yannik.biz FAQ page, it said that they will count based on the last time we make a claim. If our next claim is over 24 hours, the bonus will reset back to zero and we need to increase it again for 100 days.
I think this loyalty bonus works for both faucets not individually. There are other similar program like ES Faucet which each faucet will have its own loyalty bonus.
But that is my assumption based on the fact that right after they integrate IOTA faucet to Yannik.biz, I already got the same loyalty bonus as the Bitcoin faucet. I guess the owner can change them later and we can only hope they won’t.
Earning Rate and Comparisons
Based on the number above we can say that the earning rate for the bitcoin faucet is 2 satoshi per 10 minutes or 12 satoshi per hour. We will get 10 satoshi per hour if we wait and claim only once. If we claim per 15 minutes, we can even get 4 x 4 satoshi or 16 satoshi per hour.
For IOTA faucet, even though we have the chance to earn higher, we will more likely to get just the base prize. The earning rate will be 1 satoshi per hour based on the current price at this time.
We can count the bonus but they can easily take it off. Not everybody can always maintain that bonus as well.
So, is that a good number for earning rate? One way to find out is by making some simple comparison with other similar programs. Here are some numbers from other similar programs that I have tried so far.
Freebitco.in, usually as my standard for good earning faucet, can give us like 25 to 30 satoshi at this time per claim every hour as the base reward which is what we will get most of the time. With Yannik.biz, we need to claim 4 times per hour and with full bonus to get about the same amount.
Cointiply.com, now the faucet can only give us 2 claims per day. For me right now about 20 coins a day and with 100 coins equals to $0.01 means $0.002 per day. With Yannik.biz if we claim after a day we will get 40 satoshi or about $0.003, slightly higher.
Free-Litecoin.com and their group, each as hourly faucet can give altcoins about 1,700 litoshi or in Bitcoin around 10 satoshi at this time as the base prize. That is like the same amount from Yannik.biz base reward with no bonus.
AllCoins.pw, also a 5 minutes faucet as well, with 50 claim limit, right now can give like 3 satoshi per claim or 150 satoshi per day. Yannik.biz can give more with less number of claims per day but longer waiting time.
DailyFreeBits.com, also can give constant amount but only 3 satoshi every hour at this moment, which could go less thanks to dynamic price. We can get more than 3 times higher with Yannik.biz even with just one claim.
BestChange.com, has a faucet feature, give around 15 satoshi in average per hour. Assuming the number is right, which, depends on luck, we can match the number with Yannik.biz by claiming every 15 minutes.
Bitcoinsfor.me, as a 5 minute faucet, at this time, I can only get like 4 free claims per day each with 5 satoshi. Based on their explanation about the internal currency, we should get even less than that. With just 2 claims, once per hour with Yannik.biz, we already get higher.
3BTC.org can give like 0.12 DOGE as the base reward per claim per hour or in BTC about 4 satoshi as the base reward. We can already get 2.5 times higher with Yannik.biz with just one hour claim once.
DigiTask.ru, also no timer and no limit faucet can give like 0.15 DOGE per claim or about 4 Bitcoin satoshi. If we are willing to claim over and over again, this one can give higher than Yannik.biz.
Monitocoin.com, 2 hour faucet, can give 30 Bitcoin satoshi per claim or 15 Bitcoin satoshi per hour. If we are willing to claim every 15 minutes with Yannik.biz, we can get higher.
FireFaucet.win, an auto faucet, at this time, with maximum bonus, can give like between 6 to 8 Bitcoin satoshi per hour. We can get higher with Yannik.biz with just one one-hour claim.
QweroFaucet.com, an hour faucet, offers like just 1 Bitcoin satoshi per hour. That is the highest but almost impossible to achieve. Obviously, Yannik.biz or any other faucet can win over this.
Sato.host, used to offer like 200 satoshi per day or 10 per claim for 20 times. If the number is still valid, we can get higher for a day from Yannik.biz by claiming every 15 minutes or even an hour.
BitsFree.net, another hourly faucet, offers like 10 satoshi per hour as the base prize. That one hour claim is the same as from Yannik.biz.
4Miner.me, another hourly faucet with multiple faucets, offers like 17 satoshi in average per hour from the Bitcoin faucet only. We can almost match the number with Yannik.biz if we claim every 15 minutes.
TakeBitco.in and their group, we can get like 8 satoshi in average per 30 minutes claim just one faucet without the bonus. We can get higher with Yannik.biz with just a one-hour claim.
ES Faucet, another lump sum claim faucet, which we can earn from 5 minutes, offering 13 different coins, can give like 2.5 satoshi after waiting for an hour per faucet. Claim from 5 of their faucets and we can already get higher than Yannik.biz.
GoldenFreeSatoshi.ru, a 5 hour faucet, can give us like 20 satoshi as well as the base reward and with shortlinks, we can even get extra 8 satoshi. We can even get almost the same from Yannik.biz if we wait for 4 hours.
TopTap.website, an auto faucet, could offer like 6 satoshi per hour or 144 satoshi per day. With Yannik.biz, we already get higher with just a on-hour claim.
CoinsKing.club, another auto faucet which we can get up to about 80 satoshi per day. We can get the same from Yannik.biz if we have full bonus just one claim per day.
FreeBitcoin.io, an hourly faucet, can offer like 2 satoshi per hour or up to 48 per day. We can get it with 5 claims from Yannik.biz once every hour.
TheCryptoFaucet.com, a once a day faucet, can give us like just 1 satoshi per day with a bad luck. We can get like 40 times higher with just one claim from Yannik.biz.
DogExpress.xyz and their group offers like 0.30 DOGE per claim per 10 minutes. In Bitcoin, that is like 8 satoshi per 10 minutes or 4 times higher than Yannik.biz.
Fautsy.com, a 5 minute faucet can offer like 10 satoshi per claim or 120 satoshi per hour. That is like 12 times higher than Yannik.biz.
This is just comparing strictly between the faucet earning rate. There are more things to consider like the claiming process or how easy to withdraw.
Some programs can offer other earning feature or bonus that could make them a better choice. On the other hand, some users might not be able to use those other earning feature and can only rely on faucet.
Comment and Suggestion
Based on the number above about the earning rate, we can say that Yannik.biz offers about the average rate or lower. Considering that they can stick around, it is probably a good number. There is no point if we get very high amount and the faucet just suddenly run away with our earning.
Even if the rate is rather low, the claiming process is relatively very easy. No shortlinks, just very minimum number of pop up ads and solve 1 captcha. Sometimes no captcha at all for the reCaptcha or Bitcoin faucet. Hopefully they don’t have to add more ads to their site.
I’m not sure but back then I think we can have both captcha systems for one faucet. But apparently we can only have one captcha system for each faucet. That means, even though I haven’t found any problem yet, there is a chance that we won’t be able to claim at all. This usually happens on other similar programs on peak time and the captcha become very hard to solve.
As mentioned before, thanks to the lump sum mechanism faucet, we can wait longer to earn higher amount of reward. Fifteen minutes is probably the best interval time to claim.
Try to check the timer at the top instead the count down that replaces the claim button. This will tell us how long since the last time we claim. Maybe we should wait for a couple more minutes to get higher rewards. Too bad this lump sum only works for Bitcoin but no IOTA faucet.
I’m still not sure with the reward in between group of interval times. From what I can tell, we can still get it but for the first couple of group only not for the longer interval time.
Even though they stated the reward after 1 day or 24 hours but that means if we claim after 1 day we will lose the loyalty bonus. For me, if we want to maintain the bonus, at least we should claim twice a day.
This hasn’t happened to Yannik.biz but it does on other lump sum faucet program. There is a chance that the website can’t be accessed because of whatever reason and it will take more than 24 hours and we will lose the bonus. We have to start again the moment we can access the website again.
Even if they have to let’s say, maintenance and the down time is less than 24 hours, they count the loyalty based on 24 hours since we made the last claim. We will not know when the down time starts. It could be an hour after we claim or almost a day. Which is why for me, two claims a day as the least to maintain the bonus.
Even so, increasing back to 100% again is probably not that big of a deal. The loyalty bonus is a nice way to increase the reward but it is not going to make us rich faster either.
For a Bitcoin faucet, I think the best practice for now is to use a micro wallet service. Otherwise, it will take a while before we can make a withdraw.
From what I know, the owner has expressed their interest to integrate with FaucetHub.io in the past. Unfortunately, as we might know that FaucetHub.io shut down their business as micro wallet service after 3 years.
I think they also registered Yannik.biz on KSWallet.net, another new micro wallet but so far I can’t find any more info. More about withdrawing later.
If we only use IOTA faucet and let the page opened without claiming Bitcoin, we might want to refresh the page first or at least refresh the captcha. Submitting the captcha after an hour or even less will be failed. Just a tip to make more efficient.
Offers / Offerwalls
Offers or offerwalls is another earning feature that we can use on Yannik.biz. From an offerwall, we need to do and complete a certain task to get paid. The task can be survey, paid to click, try and install mobile app. Usually the harder the task will grant higher reward.
Since Yannik.biz was intended for Bitcoin faucet, the reward from any offerwalls will be paid with Bitcoin only not IOTA. Maybe the owner can add an exchange later but I don’t know.
To access the offers we can click on OFFERS, the second menu from the member dashboard left navigation widget of Yannik.biz. The next picture is what we are going to see.
How does it work?
As we can see from that offer page, there are currently 15 different offers providers or offerwalls, each with its own grey box. These providers are actually third party programs which Yannik.biz only serve as the host.
If we are using other similar faucet program, we can also find the same providers there that also works with Yannik.biz. Here is the list for currently available offerwalls. Yannik.biz as the host can add and take any of them off the list anytime.
Opinion Capital (Survey, Videos) for most countries
Revenue Wall (Survey) for most countries
Offer Daddy (Survey, Offers, Mobile App) for most countries
Wannads (Survey, Mobile App) for most countries
Skippy Ads (Paid to Click, Survey, Mobile Apps) for most countries
Medium Path (Survey, Mobile App, Paid to Click) for most countries
Offers 4 All (Survey, Paid to Click) for most countries
Asia Mag (Survey, Shortlinks) for all countries
Jungle Offerwall (Games, Surveys) for all countries
Kiwi Wall (Survey, Mobile App, Video)
Minute Staff (Surveys, Paid to Click) for most countries
Clix Wall (Surveys, Paid to Click) for most countries
Ad Click Wall (Surveys, Paid to Click) for most countries
Ad Work Media (Surveys, Mobile) for most countries
Adscend Media (Mobile, Sign Up, Surveys) for most countries
Each provider will have different task, different type of task and different amount of reward. Some can offer multiple number of tasks and multiple type of tasks.
Another thing is that these offerwalls are not accessible to just anyone. Some of them are limited based on the user location. On Yannik.biz, each provider has label for countries, either most or all countries.
We can try out and if we fit the requirement then we can access the task and we can try to complete it. Once it is done, we will get paid to our Yannik.biz account Bitcoin balance.
To try out, we just need to click on any of those provider boxes. It will open a new browser tab that will load the provider’s page. This next picture is the example from Skippy Ads, the 5th one from the top.
As we can see that this one has 3 tabs based on the category of tasks. One of them even has sub category. In any of this categories we will see a list of available tasks at the moment. Each of them will also display the reward in Bitcoin or satoshi which is also a button that we can click on to start completing the task.
Usually it will open another page on another browser tab that will explain further what we need to do to complete the task. Some tasks require manual verification before they consider the work is done.
For this kind of task, we might have to wait before we will see the payment in our Yannik.biz balance. Some other, the process can be instantly right after we finish the work like the Paid to Click task.
Comment and Suggestion
To be honest, I’m not a fan of earning from offerwalls. As we can see that they are not accessible to anyone. I can’t say this for sure but unless we are from US or Europe countries, we have less chance to do any offers.
These label for most or all countries that Yannik.biz does to offerwalls is actually a nice thing. I think it’s the first time for me to see the host do that at least for me. However, it is not enough to tell any member which one we can actually try out.
Most of the listed offerwalls has the most countries label, so it become meaningless. Moreover, that label is based on every task available for that offerwalls. Which means, that it could be mostly because they have paid to click offer.
Paid to click is my first try for any offers since they can be accessed by anyone. The problem is that the offer is probably just one while the rest is from other type of task like surveys etc, which has very limited access. So, I think it is very easy to get the most countries status on Yannik.biz.
Another reason why I don’t like offerwalls is that these are a 3rd party programs. Yannik.biz or other host doesn’t have any control of them except for displaying or taking them off the host’s site.
If we want to complain, we need to do that directly to the providers. Doing so to the host, in this case, Yannik.biz will do no good.
The next reason is that some of the harder or more complicated task will take time before they accept and they pay us. That is assuming we can access the task. There will be some manual verification that require time.
The worst part is after spending time doing the work, they can suddenly say, our work is not good enough. Which is why as suggestion, try to finish just one task first from that provider and wait until we actually get paid to our account.
In general, if it doesn’t work, we should just move on and try other task or other providers. Some may not work for me but works for other users so we really need to give it a try.
One thing we need to remember is that if we already use it on other host or on other similar faucet program, we can’t complete the task again. They will require any user not to use any VPN or any means that can manipulate the IP. So, we have to plan a bit which faucet programs need some earning boost to reach the minimum faster so we can withdraw.
That is the main purpose of offerwalls, to help boost earning for the main feature. Even though, I’m not a fan, some of these tasks can really generate very high reward.
Most of them usually come from surveys. But surveys will require the right background of the participant so the data they collected are relevant. Even from surveys that use my native language, there is still a chance that I can’t access them. Then for me it is just a waste of time.
As mentioned before, my first choice would be to try paid to click task. Fortunately, Yannik.biz actually has several paid to click offers, more than other host usually have. Even so, the earning is not that great compared to the surveys and such.
Which is why for me, I would only do offers when I’m about to reach the withdraw threshold.
If offers from offerwalls come from third party programs, Yannik.biz also has their own offer which they will pay user directly. On their website it is called as BOUNTY. We can access this feature from the top menu, click on EARN. From the drop down, there will be free bitcoin and on the second drop down there will be BOUNTYS.
By clicking on this, a pop up window will appear with the detail of the tasks. After completing each task, we will get paid with Bitcoin. The next picture is what we are going to see.
How does it work?
In general, to earn the reward, we need to promote Yannik.biz on several platforms, mostly social media. The pop up window has every link to those platforms, some additional requirements like tags to include, and the reward.
Here is the detail.
YouTube: video review for 5,000 satoshi
Twitter: tweet review 1,000 satoshi
Facebook: post a review for 1,000 satoshi
For all of these 3 we have to include these tags: #freebtc #freeBitcoin #bitcoin #crypto #CryptoCurrency
BitcoinTalk.org forum: post a review for 500 satoshi
FaucetHub.io forum: post a review for 500 satoshi
TrustPilot: rank the website for 1,000 satoshi
FoxyRating: rank the website for 1,000 satoshi
After completing each task, we need to post the proof on Yannik.biz thread on BitcoinTalk.org or chat with the owner on Discord to get the reward.
Comment and Suggestion
So, all of these tasks are just a one time task per account. Not that we are allowed to make multiple account and repeat the process.
I think there is no time limit, but the owner can take offer off anytime even though that is very unlikely. Offering this bounty can benefit both the user and the owner.
So, we can just use the faucet, wait until we reach the minimum to withdraw and get paid. Then we can post it on those platforms to get paid. The benefit is that we can include our referral link so at the same time we can get referral for passive income. More about referral or affiliate feature later.
The best offer would be the social media platforms, or the first three platforms. On those platforms, we have at least more control since we post it on our account. While on the rest of the platforms, we post the review on communal post.
There will be other members that will do the same and the chances for us to get referral will be lower. If, let’s say on Twitter, we can always retweet the post or pin the post to put it on top.
This way the post will get more exposure again which can lead to more referrals. It’s like an investment. We can do the same on our YouTube channel, or Facebook account.
Unfortunately, there is no offer to post a review on our blog or website like what I do with this article. For me, if the main purpose is to get more referrals, having our own website is probably the best way. On other platform, again, like Twitter, there will be rules that we have to follow which will limit how we write a review. For example, we can only write less than certain number of words or characters.
We can also do both. Write a review on blog or website, do a complete review, and use those platforms just for sharing. This way we can get the benefit from both. Create just one long article, and we can post a shorter version on multiple platforms.
Another reason why we should do so is if somehow, Yannik.biz does add more offer on other new platforms, we can easily just use the long article again as the main source.
If however, the bounty is the only purpose, then we can just do the required.
Bank / Interest
Yannik.biz also offer bank or interest feature. By keeping some amount of money in their BANK feature, not just in our Yannik.biz account, we can earn a daily income.
To access this feature, the menu is in the same spot right next to the bounty. We can click on EARN menu at the top and click on FREE BITCOIN from the drop down and click on BANK from the second drop down.
This will open a new pop up window. The next picture is what we are going to see.
How does it work?
What we need to do here is to transfer the Bitcoin we have on our Yannik.biz account balance to their BANK. After that we can claim the profit or interest manually once every 24 hours.
The amount of bitcoin we can get as the interest is based on several factors. The current rate is displayed on that pop up window at the bottom left corner.
As we can see from the picture, the rate is about 6% annually. So we have to divide that number with 365 to calculate the daily profit we can get.
To transfer the amount, after we have some Bitcoin, we can click on the yellow button at the bottom right corner of the pop up window that says TRANSFER YOUR BALANCE TO BANK.
Then there will be an announcement that the balance has been transferred. After that if we return to the pop up BANK window again, there will be a green button that says TAKE PROFIT.
We can click on it and we will immediately get the first profit right after the transfer. If we try to go back again to that window, it will now display a countdown timer. 24 hours since the profit claim again before we can repeat the process.
Comment and Suggestion
Make no mistake like what I did.
WE WON’T BE ABLE TO WITHDRAW THE FUNDS AGAIN FROM THE BANK.
The window does say that we can’t withdraw the funds from the bank. At first, I thought that means we have to withdraw first to our balance again before we can request the withdraw to our wallet, but no. There is no button to return it back.
So, this is like a lifetime investment where we won’t be able to get our principal or deposit. They will keep paying as long as Yannik.biz is still around.
They can suddenly close or shut down their service. I actually don’t have problem with that but the fact that we need to claim the profit MANUALLY, then it becomes a problem.
Our balance will not grow itself back automatically. We have to claim manually, like creating a once a day faucet. Missing just one day means losing the profit.
The second problem is that we cannot transfer the balance partially. I am hoping that the owner can at least change this. If not, either we commit to just keep increasing the funds to get higher profit, or just forget about it.
The problem is then the rate. With about 6% annually, that means we can get like 6,000 satoshi deposit to get at least 1 satoshi per day. We need like 6,000 days to get it back and that is assuming Yannik.biz can maintain the interest rate. Moreover, that is also only if we claim the profit everyday.
I don’t know if they will pay the profit at all with lower deposit. For example, will we get 1 satoshi if we deposit only 1 satoshi? Since I already made a huge one, I can’t find out again.
So, I suggest, if you really want to use this feature, try to deposit right away before we already have a lot in our balance. See if they do pay that 1 satoshi. We can do this after we withdraw everything as well.
If Yannik.biz indeed pay that 1 satoshi with lower deposit, then it is probably not a bad idea. That means even after the first day, we can already get back our deposit. I could be wrong but I doubt that is the case.
So, this is not like FreeBitco.in where we can easily withdraw the funds back. Again, either we commit for long term or just forget it.
The next feature from Yannik.biz is games. To be more specific is the betting games. We have to spend the coins we have earned from the faucet or from our work of offerwalls to participate in this game.
There are two games at the moment and it seems Yannik.biz is planning to add more. We can only spend Bitcoin right now, for IOTA we have to wait a bit.
One is dice hi-lo game and the second is the slot game. On both of them if we guess correctly or get the lucky number we can increase the money we bet. Or else we will lose it.
I’m not going to talk more about this since we will more likely to lose money here. So, stay away from this features. There are better ways we can do with the money from the faucet.
Unless of course if we want to support Yannik.biz financially by donating, this could be an alternative. If we are lucky enough we can get something in return.
To access these features, we can click on GAMES from the member dashboard left navigation widget. The next picture is what we are going to see.
Promo code is another earning option we can use on Yannik.biz. Every once in a while the owner will give out a promo code via their Twitter account. The code will only valid for the first number of users like 3,000.
Even though it is very unlikely but there is still a chance to enter the code late and still get the reward.
What we need to do is just copy the code and enter it on our Yannik.biz account via the promo code pages. By entering the code we will instantly get free coins for Bitcoins or IOTA or both, random amount.
We can follow their twitter account @yannikbiz, so we don’t miss it. The Twitter account itself was created in December 2018.
This is the new feature they recently added in November 2019. The reward can be about 2,00 satoshi and 10,000 IOTA. Based on the previous codes, they will probably offer the code again on Christmas and New Year. Another time can be any weekend or while announcing new feature on Yannik.biz.
The word of the code usually will be related to those events. To access this feature, we can click on PROMO menu from the member dashboard left navigation widget.
The owner of Yannik.biz is currently offering another promo code from 3rd party program. We can see from the INVEST menu that they display two mining programs, Genesis Mining and BitBond but the promo codes only applies for the first one.
We can access the code from the EARN menu at the top, and click on INVEST from the drop down menu. A small pop up window will appear and we can copy the code.
Unlike the offerwalls, for this we need to create account with that program. There will be no transaction from or to Yannik.biz, only between the user and those programs.
Yannik.biz only display them to promote the program and gain referral. The same goes for the FAUCET LIST. Yannik.biz or I can’t guarantee that those programs will keep paying. It’s really out of Yannik.biz control.
However, if Yannik.biz keep displaying those programs, that means, at least the programs are paying to Yannik.biz and the chances are they will pay other members as well.
For the INVEST program, we need to make a deposit to get some profit, which makes them become risky. While the faucet programs, we can earn relatively for free, no need to deposit anything.
Personally, I haven’t tried any of the investment programs displayed on Yannik.biz. But for the faucet programs, you can check out my list in this article for more information or review. From most of the displayed programs by Yannik.biz, I already get paid as well.
Referral / Affiliate Program
As mentioned before, what we can get from Yannik.biz or any faucet program is actually very low. They are just pennies and some people might think they are not worth the time.
However, by offering an affiliate or referral commission, any program has the chance to become a passive income. In theory, they could even become an unlimited one.
What we need to do to earn this commission is we invite other people to join the program and let them use the service. In this case, the program is Yannik.biz and the service is the faucet feature, claim the free coins.
We then, as the referrer will get some percentage of the invited people’s earning as our commission. Of course, that means the earning is even lower but that is just from one claim and from one referral.
The more referral we have will have the potential to increase the earning. In theory, with unlimited number of referrals we can get unlimited income.
Moreover, we can earn the income passively, without the need for us to do the claiming ourselves. Or at least, we can minimize the number of our claim.
How does it work?
Like on any other online program offering an affiliate or referral commission, each member will get a unique link with their ID attached to it. This one below is mine for Yannik.biz.
If anybody click on that link and join Yannik.biz, they will become my referral. And if they use the service, claim the free coins from the faucet feature, I will get 15% of their earnings as commission. One requirement is that we need to at least claim once every 24 hours to earn that commission.
Each member can find their unique link from Yannik.biz FAQ page. We can click the last menu of left navigation widget from the member dashboard and from the drop down, click the question about affiliate and referral program as shown on the previous picture.
What we need to do now is to share this link to anybody on any online platform that we use. The platform can be our social media accounts, forums, group messengers for family or friends, or blog and website that we own. Anywhere we can post the link and the public can access will do, even like Google Docs.
Unfortunately, on Yannik.biz, that is the only tool we get to promote the program. There is no further explanation of how they calculate the commission, no dedicated page, banners or even copy or share button.
The link is the essential though. We can see the just the referral total statistic from the member dashboard.
How to get (more) referrals?
Well, sharing the link is a must but how exactly? Sharing to the wrong people is like a salesman approaching stranger. People hate that.
If we try to share on our social media, people might get annoyed if they are not interested. Especially if we are spamming, sharing over and over again like multiple times within a day.
We could lose our followers, risking any network we have built. Maybe it’s better to have alternate account specifically just to share this kind of program.
We look for community or other users that we know are interested. Or only when they ask, then we can share with them the link.
A better way might be to share on forums. Not just any forum of course, but related to online money making program, bitcoin or cryptocurrencies.
The problem with using any free platform like this is that we are probably not the only one who promote the same program. We have to offer something more than just the referral link like anybody else.
Another thing is that these free platforms have rules that they can suddenly change about promotion and not to mention, shutting down their service entirely. We have to start over our campaign if they delete them.
A better way would be to have our own website. We can share anything not just one program but others with the same, similar or related topics.
Having a website is like having a shop in real life. People can always come back to and find out more programs to use.
Then we can use those free platforms, forum or social media accounts just for promotion. A good way to get backlink or generate traffic.
Since it’s an online shop, it will stay open 24/7, no need to wait for us to wake up and can be accessed from everywhere around the world. The best part of having our own place or website is that any search engine like Google will do the promotion work non stop.
And they will show the website as a result to exactly people who are interested in it. They use the search engine to look for it and get the website we build as the result. No need to worry about being annoying salesman.
Those people will access the website, see what we have to offer. Maybe a review like this, other or similar program we use, sharing experience, opinion, views to let people know that we understand this kind of program.
If they are interested, they will become our referrals for any program we promote. Once we have enough referrals for Yannik.biz or every programs we promote, we can have passive income even full time income.
That is exactly how people can build their business online. They own a website, fill the website with contents that can help promote a program, and let it work automatically.
If you are interested to know more about how to build a website and turn it into an online business, keep reading. I will share with you later about a training program that anybody can use.
In the meantime, let’s head back to Yannik.biz for a little bit.
Comment and Suggestion
So, apparently, we still need at least just one claim everyday to earn the commission, can’t be totally passive at all like only visit once a month to withdraw the balance. At least, that already minimize the time we spend just to visit the website, solve the captcha and claim. And more importantly, with just a claim a day, we can maintain the loyalty bonus.
Since there is no further explanation regarding the commission, I assume we can only get it from the referral’s claim, and not other earning option. So, if the referral use mostly the offerwalls, and earn from them, we might not get any commission. I could be wrong though. Maybe we can still earn something from the bank.
Another thing is that currently, the referral status we can see from our dashboard only display the commission in satoshi and not IOTA. That means, we will only get commission if the referrals are claiming from the Bitcoin, not the IOTA. I understand that the owner just recently integrate both faucets, so there is still a chance that they can add them later. Let’s just hope so.
However, I think that would be a problem for Yannik.biz because of the commission rate. With 15% as the commission, that is not very high but there are other similar programs that offer even lower like 10% or 5% or none.
Based on that number, the referral need to earn at least 6 or 7 satoshi and we can get 1 as commission. Assuming that they can’t maintain the bonus, they need to at least claim after 30 minutes.
I’m not sure but I don’t think they would be very generous to give us a rounded up from the 10-minute claim or 2 satoshi and give us like 1 as commission. Moreover, that is also based on the current claim rate. If somehow the price of Bitcoin gets higher, from each claim we will get even less and probably none for the referral commission.
However, if the referral at least still comeback to claim like once every more than 24 hours, and they get like 40 satoshi, we can get 6 satoshi as commission. As for IOTA since the price is lower than Bitcoin, we will get higher amount from each claim.
So, even if they just claim and earn 500 IOTA, we can get like 75. That number is probably not much, compared to Bitcoin in USD but that will make higher amount of money for Yannik.biz to pay. For us as the referrer, those numbers can add up eventually.
If Yannik.biz will not have problem with that, then we should just wait for them to add it.
Since we can’t really find out who our referral is, we can’t interact with them, even not directly. Other program like FreeBitco.in even offer a share back commission feature which we can automatically, share to commission to the referral who claimed it.
This way, we can give some incentive to our referral to claim more often or at least they will choose us over other user as the referrer.
There is no copy or share button so we have to make sure that we copy the complete link. Missing just one character means losing a potential income source. If it helps, we can memorize the member ID at the end of the link, at least the last digit.
There is no promotional banner so we can’t instantly use them. However, even if they do, I would suggest designing our own banner that would be unique and different from other user. This can give some impression that the program might be something new, fresh and still paying.
Even so, some people say that the best way to share the link is to use it within a sentence. This will have a higher conversion rate. For some people, banner is like the ads, which people will hate it.
As mentioned before from the BOUNTY section above, write or post a review is not a bad idea to get more referrals. The bonus from bounty is just one time but the commission from referral can be unlimited. If we can we should find a way so we can repost, republish or retweet the content.
As I have suggested, write a review, preferably on our own website and make sure we can share them to any social media platforms.
The commission from Yannik.biz referral feature may not be much. But since they keep some data about their members and the referrals, as we need to have some registration process, this can be good for a long term passive income.
A good referral program will rely also on their main earning feature so the people are willing to use it, we don’t need to force them to. In the case of Yannik.biz, their lump sum faucet is a good one, better than just the regular faucet.
Withdraw and Payment Method
So, after all of the claiming we do to earn the free Bitcoins and IOTA, the next question is how we can withdraw. It will be a waste if suddenly we can’t receive any payments from Yannik.biz,
As I have mentioned before, I think the owner has been trying to use a micro wallet service but so far, at this moment, we still haven’t seen anything yet. Since they offer a cryptocurrency, the only possible way to get paid right now is payment directly sent to our cryptocurrency wallet. In this case, a Bitcoin wallet or IOTA wallet.
How to Withdraw
To submit a withdraw request manually, we can access the withdraw page or window by clicking on the account balance at the top right corner of Yannik.biz website. There will be two drop down menus, WITHDRAW and PAYMENTS. The second one is just the withdraw history. We need to click on the first menu and a pop up window will appear on screen like this picture below.
As we can notice that this is the time when we have to use our password that we create during registration for Yannik.biz. We don’t need password to sign in but we need the password to unlock the payment.
We can enter the password in the box right next to UNLOCK button and this will open payment to both wallet. If somehow we forget the password, we can just use the RESET PASSWORD button at the bottom of that window.
Yannik.biz will then send a new password to our email address, resetting the previous one. So, make sure we have the access to this email address or we won’t be able to get paid if we lose the password.
The second picture above is what we are going to see after we unlock the account. There will be details about the minimum and the fee and we can fill in the wallet address we want the payment to be sent to.
Here is the detail at this moment. They could change this anytime.
Minimum Withdraw: 30,000 satoshi
Fee: 1,000 satoshi
Minimum Withdraw: 100,000 IOTA
Fee: no fee
We can read further information regarding withdraw from Yannik.biz on their FAQ page. It seems the payment will be processed manually and it will take up to 3 working days, not holiday.
If there is an indication of fraud, it will even take up to 14 days with a chance of payment being rejected.
Bitcoin and IOTA Wallet
So, the question now is how do we get the Bitcoin or IOTA wallet. For those who doesn’t have any Bitcoin wallet yet, one of the alternative that I can recommend is using FreeBitco.in.
It is actually another Bitcoin faucet program which we can claim per hour. Since they have a deposit feature, we can use it as our Bitcoin wallet.
Another thing is that they also offer an interest which will be compounded automatically to our account balance. Unlike Yannik.biz, we can still withdraw the funds anytime but if we keep the funds there, it will grow itself.
We can use this link to create account with FreeBitco.in. Then after we sign in, we can use the deposit address from FreeBitco.in as the withdraw address for Yannik.biz. Yannik.biz will then send the payment directly to the FreeBitco.in account.
Read more from my FreeBitco.in Review.
As for the IOTA, I can only recommend using Binance account as the wallet to accept IOTA payment. Binance is an exchange platform for cryptocurrencies and they accept IOTA token as one of them.
If you are like me, not really collecting IOTA token so we can just trade them as soon as we can, then we can use the Binance service, to sell the IOTA token that we get to other cryptocurrency. If we sell them to Bitcoin, then we can withdraw them to Freebitco.in as well.
It is unfortunate that Yannik.biz still doesn’t offer any exchange in their platform.
We can use this link to create account with Binance.com. Like Freebitco.in, there will be a deposit address for IOTA token to receive payment to the Binance.com account. We can use the deposit address to submit withdraw request on Yannik.biz and Yannik.biz will send the IOTA coins to the Binance account.
This maybe not the best way for the IOTA token but this is what I can find so far. Please do share if there are better ways or other platforms to trade IOTA via the comment section below.
If sending IOTA to Binance is the way we choose and we want to sell them into Bitcoin, we then need like 100,000 satoshi before we can withdraw. In IOTA, with the current price, we need about 45 MIOTA or 45,000,000 IOTA. Even that still hasn’t included the fee for another 50,000 satoshi.
That will be too long for some people and the solution for this is to use other faucet programs, maybe earn other coins and trade them on Binance as well into Bitcoin. Alternatively, maybe we can just trade to other altcoins with lower minimum but more popular coins.
Other platforms that trades IOTA are Bitfinex, Bitpanda, Coinone, Upbit, Coinfalcon, Indodax and many more.
I don’t know if there is other IOTA faucet program we can use as well so we can easily trade IOTA on any of those exchange. Please do share if you know other via comment section below.
WARNING FOR BINANCE. We need to use a new wallet address from Binance for IOTA after we get paid. If we keep using the same address, they won’t be credited to our account.
Also, I just realized that if we use Binance, we can trade our IOTA to BNB directly for smaller amount (less than 0.001 BTC). We can then trade BNB to other popular coins later.
Yannik.biz is a unique faucet program where we can earn free Bitcoin and IOTA. It’s unique because the owner develop the script themselves.
Initially they only offer Bitcoin using this faucet but then they integrate their sister site into one so we can now claim two coins. The two of them has different mechanism.
The Bitcoin faucet is what I call a lump sum faucet which the longer we wait, the reward will increase to some point. We can claim right after 10 minutes get very low amount or we can just wait longer to get higher amount per claim.
Obviously we can earn higher in total if we claim more often. The best reward would be to claim after 15 minutes and maybe after 4 hours. There is a list of claim rates which after certain time threshold, the reward will start to increase.
In general, there will be no increase while in the middle of the thresholds, except for the first couple of minutes. While the IOTA faucet is just a regular faucet which we can claim once every 1 hour, roll for a lucky number that will determine the amount of reward we will get.
The great thing about these faucets is that we can get a loyalty bonus. Like most programs offering this feature, we just need to claim in consecutive days and the bonus will increase by 1% up to 100%. As long as we claim again before 24 hours since the last claim, we can maintain the bonus.
These bonus works for both faucets. I’m still not sure, but I guess we can just claim from one of them as the least. The reward is nothing special, just average or less even after the bonus. However, the claiming process is very easy, at most we really just need to solve one captcha with very minimum number of pop up ads.
Yannik.biz also has some offerwalls we can use to increase the earning so we can withdraw sooner. I think this has the most offerwalls with paid to click tasks so almost anybody can easily use them.
Yannik.biz themselves has their own tasks or offers where we can just post a review on multiple different platforms to promote Yannik.biz. Aside from the one time bonus, this could help member as well to gain more referrals.
The referral feature is very minimum in case of tools and information but essential and good for long term. One thing we should remember that we still need to claim at least once every 24 hours to earn the commission, which is also good to maintain the bonus.
There are several games that I would suggest people to stay away from. Unless, they want to make some donation to support Yannik.biz, and this is a good way to spend their earning. There is still no deposit feature yet at this moment, so what we are going to spend is from the claim, the faucet or the offerwalls.
The unique feature of Yannik.biz is the bank feature or interest feature. We can make a deposit from our balance to the Bank feature and we can earn profit. However, we can’t withdraw the funds again, so it’s like a lifetime investment.
Another problem with this feature is that we have to claim the profit manually, once every 24 hours. Forgetting to claim means losing the profit for the day.
The interest rate is about 6% annually, and it will take like 6,000 claims before we can get it back. The last problem with this bank feature is that we can’t set aside the amount. Either we transfer all of our balance or not at all, maybe transfer after we make a withdraw, emptying the account.
As for the IOTA, since there is very limited number of faucet that pays with IOTA, if any, we don’t have other choice but to trade them in exchange platforms. Hopefully we can trade other coins as well so we can withdraw or it will take a while.
I think the owner of Yannik.biz is still not done improving their programs. Maybe we can expect them to add more features to the site. Exchanger and other coins will be a good idea. Maybe we can at least expect a micro wallet method in the future.
Yannik.biz may not be the best faucet out there but for me they have the potential to become one.
So if you still consider this as another opportunity for another income source, you can start earning by signing up with Yannik.biz via this link. It’s FREE to use.
As I mentioned before that what we can get from Yannik.biz or any faucet program is actually very low. The key is to use the referral program, get a lot of referrals and let them do the work and we get the commission.
No need to rely on just referral program from Yannik.biz. We can try and promote other referral programs as well. As many as we want.
In order to do that, it’s better to have our own website, promote the program until we can get enough referrals and they can generate income for us. This is not only limited to digital product but we can also promote physical product.
Share a link from a marketplace like Amazon, or directly from big brands like Apple, and if people buy something, we can earn some commission. It’s not limited to just tech product but any passion we have from food, travel, sports, movies.
That is how we can have an online business.
If you are interested to learn more about building a website and turn it into a business, even a passive income, there is a training program that you can try.
On this training, not only we can learn about how to, but we can actually set up the website, grow it until it can generate income. We can learn from a lot of experts who were once just like you and me, know almost nothing about online business.
This is an easy training program that even a guy without a college degree can use it. Within two years he started to have a full time income from his website and quit his regular job.
We can even ask the owner the help out directly. Try it. Join the program for FREE and try to reply their first message to you and see if they get back and help you out.
You can learn more about the training from my review here.
We grow the business and website by using affiliate programs just like faucet from Yannik.biz. Here is my list of other affiliate programs that you can try.
I will keep updating the page and add more programs. So, stay tuned.
Well, that’s all I can share with you about the faucet program, Yannik.biz. Maybe I missed something and you have more question about it, or if you want to add your experience, view, opinion, don’t hesitate to use the comment section below.
Maybe you also have other experience with other similar programs with this, hopefully a better one, you can suggest something as well. I would love to help if I could and learn more about online program.
Hope my reviews can help. Thanks for reading.