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Published on Mar 23, 2022

Faucet

Author: Rubin
#Glossary
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Faucet is a rewarding system where users can be rewarded for completing certain tasks on the website. Faucets are one of the easiest ways to earn crypto assets without getting into complicated technical aspects such as trading.

Some of these tasks include completing a captcha or viewing advertisements. The sole purpose of Faucets is to incentivize the purchase of altcoins which are an alternative to Bitcoin.

The majority of the faucet rewards are given directly to the user's wallets. Although sharing some similarities of receiving crypto rewards, these are completely different from bounties and airdrops. Bitcoin Aliens is one of the most prominent examples of faucets where users could earn Bitcoin and other altcoins for playing games.


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