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What is a bitcoin faucet?

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.


However, since Bitcoin and other cryptocurrencies have dramatically risen in value, companies and marketers are doing some creative things to essentially give away free money or in this case free Bitcoins.  Some of the best ways to get free Bitcoins takes time and might only earn a small amount of Bitcoin at the beginning.   Over time, the Bitcoin tallies up and you never know where it might lead you.


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