How Do Bitcoin Faucets Work – What is a Bitcoin Faucet


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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.

Faucets usually give tiny amounts that typically fluctuate according to the value of bitcoin. Typical payout per transaction is less than 1000 satoshi,[note 1] although many faucets have random larger rewards. Normally faucet saves up these small individual payments in its own ledger, and they add up to make a larger payment that is sent to your bitcoin address. This is to reduce mining fees.Some faucets use immediate off-blockchain transactions, which have no fees.

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