What are faucets and How a faucet works ?

in #bitcoin6 years ago

Faucets are websites where you earn usually satoshi (subdivision of the bitcoin) or another cryptocurrency for just visiting the websites with ads on it, or viewing ads for a certain amount of time ,solve a captcha or doing some tasks such as managing something in a faucet-game.

It is very simple, basically the faucet websites displays advertised banners from ad networks.

Ad networks pays the faucet admins for the visits of the claimers (faucet members) on the banners (not really clicks on banners but for the times banners being displayed).

From that money received from ad networks , the faucet admin decides how much will give to the members by setting a reward which can be fixed or variable for a specific or average of time .

For example a faucet can give 50 or 60 or 80 or 100 satoshi every 10 minutes after you solve the captcha to prove that you are a human and not some kind of automation program.

Faucets are safe to register if ONLY bitcoin address ,email, nickname are required and if is not asking private data such as ID data, your personal real address. But don't worry you won't find faucets which are asking such data . Giving btcoin address is not exposing private data but the ID of your wallet is . Never add your wallet ID such as e1234-r4578-g5rt4-5th789-... by mistake to a faucet, this is private data.

A bitcoin address has only letters (caps or not) and numbers and is made of 14 characters such as 1fR467D45f4206b3f3DE... (this is a fictional example address) and it doesn't contain special characters/symbols/dashes/signs.

Faucets are mostly safe but many of them uses shrink links which may lead to pages with malware or files to download, so in 99% it's not the admin fault if a shrink leads to a file to be downloaded. Just ignore and don't download anything and if something skipped the browser and had a forced download, just dont unzip, dont install, and delete it.shutterstock_622326110.jpg

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You can get some free Bitcoin Cash on bitcoin.com right now via a faucet, about 10 cents worth.

Note that this is impossible right now because the fees are so high.

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