Bitcoin adoption is something that is continuously talked about as the need to sustain in the developing world of the cryptocurrency.
But the question arises that how to get bitcoins? And the answer is bitcoin faucets.
A bitcoin faucet is basically a reward system which is in the form of a website or an app and which aims to give new users a chance to get small amounts of bitcoins by completing some of the specific tasks that are mentioned at that site. these tasks can be anything such as:
- Captcha puzzles
- Visiting an advertiser/partner website for a particular period of time
- Playing any game with recurring tasks
- Answering some of the questions in a quiz and trivia questions correctly
- Or by completing a survey etc.
Like the basic game reward applications which usually gift their player’s tokens and also some other rewards for watching their ads or taking any brand surveys or by playing games etc. bitcoins faucets too allow people to have a structured starting point for earning the cryptocurrency.
With the help of these faucets, the users get confirmed that whether or not holding bitcoin is something that they would love to do. Some of the bitcoin faucets also offer rewards to their users in the form of other digital currencies like Ethereum and Bitcoin cash so that the user can earn different varieties.
Rewards given by the faucets are usually measured in ‘Satoshi’ which is the basic unit of bitcoin. Faucets then fill up users’ accounts with the rewards which they can withdraw regularly but the value of bitcoins can fluctuate because of the volatility of the bitcoin. The first-ever bitcoin faucet was made as well as created in 2010 and is awarded up to five bitcoins to its users.