WHAT IS A CRYPTOCURRENCY FAUCET?
Like a dripping faucet, these virtual ‘faucets’ (websites) release small amounts of cryptocurrency like Bitcoin every few minutes. It’s like a very slow drip. By performing some type of task your digital wallet receives a small amount of cryptocurrency.
There are several types of tasks you might encounter in a crypto faucet. Some might require you to click through some captchas, others might just log how much time you’re on the site and count down until the next release, and some let you play games.
How can the sites afford to do this? Advertising. While you’re waiting on the page, there will be advertisement placements.
Keep in mind, you’re not going to make much money using Bitcoin faucets or any kind of crypto faucet. However, if the coins you earn increase in value, then the millionths of a certain coin you’ve collected will grow in value as well.