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What Are Bitcoin Faucets? Explanation And Video

Discussion in 'Bitcoin Nigeria Community' started by Prezzy, Jan 9, 2017.

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  1. Prezzy

    Prezzy T=Trusted Admin

    They are generally the least talked about Means of making money with Bitcoins yet they are effective and reliable!
    Am pretty sure most of us don't understand them nor how they work so i will be answering the question: What is Bitcoin faucets and how do they work? ...in this thread

    According to Wikipedia

    Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.
    You can learn more here: Bitcoin faucet - Wikipedia

    Another definition of Bitcoin faucets
    A Bitcoin faucet is a World Wide Web website that gives out “free” bitcoins (BTC) in exchange for doing a simple task, such as clicking on an advert, solving a CAPTCHA, or viewing a webpage for a certain amount of time. There are also faucets that dispense alternative cryptocurrencies.
     
  2. Prezzy

    Prezzy T=Trusted Admin

    teledola likes this.
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