Bitcoin is still one of the strongest cryptocurrencies these days. It’s getting stronger and more popular that is why more people are looking for ways to earn them. Aside from buying Bitcoin with real money, did you know that you can earn them for free? Yes, this is through Bitcoin faucets. If you are interested to learn more about this, then read on.
Understanding Bitcoin Faucets
A Bitcoin Faucet is simply an app or a website that will give you small amounts of Bitcoin in exchange for completing some tasks. It is called a ‘faucet’ because “Satoshi” in small amounts for free. The free Satoshi is automatically added to your Bitcoin wallet after you have completed certain tasks.
The tasks include watching product videos or advertisements, clicking or viewing ads, completing a Captcha, playing a game, or solving a puzzle. Once completed, users are paid by a single Satoshi, which converts to one-millionth of one Bitcoin or 0.00000001 BTC. This may not be much, but the tasks are pretty simple to do. So the more you finish, the better rewards you get.
Why Bitcoin Faucets Were Created
When Bitcoin was created in 2009, those who were interested to invest had to use their own money to get some. Even though only a few had heard about this virtual currency, it became more popular through the years. And not everyone can afford to purchase Bitcoin. That is why Gavin Andresen had an idea. The Bitcoin adopter believed in the future of the cryptocurrency. So he devised a way for people to earn Bitcoin for free in exchange for completing Captchas.
Then in 2010, the Bitcoin faucet was created. Back then, every task completed paid 5 BTC. However, when Bitcoin became more popular and in demand, the rewards in Bitcoin faucets became smaller, and now to the smallest denomination possible. Still, Bitcoin Faucets is considered a vital part of cryptocurrency history.
Pros Of Bitcoin Faucets
So, are Bitcoin faucets worth it? Just think about the pros of giving them a try. First, they are FREE and there’s no money involved. It is also easy to find Bitcoin faucets these days. In fact, they are all over the internet. And of course, anyone who has the patience and dedication and would be able to spare some of their time can use it with no limitations.
If you want to earn free satoshi with crypto faucets, then go ahead and check out your options online. Make sure that you pick only the trusted and reliable Bitcoin faucets out there. Complete tasks and start enjoying your free satoshi without spending your hard-earned money.