What exactly is a faucet?

[Sotherefore]

I think a faucet is a payment pay through cryptocurrency, earning from online mostly people receive from online payment, faucet website earn some reward.

I've been able to participate in some of them , that was then that I didn't really understand more about the internet but from all indication 90% of them will have an extreme low earning rate which will not always be profitable to participants.

 

[Monster Masterpiece]

Half of the faucet websites have included surveys and offers and task section because monetization from ads and also clicking ads and resolving shorten link isn't enough even to pay for hosting and also cooperate with TimeWall for making jobs on TimeWall and cashout to captcha website.

 

[jordans]

may be, cryptocurrency faucet is a website that gives out small amounts of cryptocurrencies as a reward for doing small tasks. They’re called faucets because the rewards are quite small, like the dripping of water from a faucet, but in this case it is cryptocurrencies that are slowly dripping into your cryptocurrency wallet. or a website that distributes small amounts of cryptocurrencies as a reward for completing easy tasks.

 

[Setho]

A faucet is just a terminology that is being used in cryptocurrency especially when it comes to bitcoin and a lot of people have found ways in which you can be able to make money with it.

 

[Monster Masterpiece]

A faucet is just a terminology that is being used in cryptocurrency especially when it comes to bitcoin and a lot of people have found ways in which you can be able to make money with it.

It is more precisely pay-to-view ads where the faucet owner is making money from viewing ads and pays you a little commission for viewing them. But it is for beginners.

 

[Good-Person]

Faucet website pay users through different kinds of cryptocurrencies. I have been in some of them but it was not really favorable to me so I had to leave.

A faucet site could be simply defined as a site where people claim cryptocurrencies and they get compensated with cryptocurrencies as a result of claiming these digital coins.

 

[Chibson]

A faucet site could be simply defined as a site where people claim cryptocurrencies and they get compensated with cryptocurrencies as a result of claiming these digital coins.

Of course I know. most of those websites were not paying you any reasonable amount of money after spending a lot of time on it. I have participated in so many of them but at the end of the day I didn't make anything tangible.

 

[Honny143]

You've got it right. I belong this one FreeBitcoin and if you look at it you will see its .000000000000000004 per hour. haha jk, it isnt that bad but it takes time. This one is cool cause they have other things too, like it earns me interest on my bitcoin.

4 sat per click what do you think this amount really worthy for our work, I don't think so, I know past when bitcoin price very low that time these faucets pays 1whole bitcoin per click, so that's was the great time to work in faucet, but now we can't expect more from bitcoin, so faucet also just time consume work.

 

[Planbizzle]

A website or software known as a bitcoin faucet provides users with relatively small amounts of crypto in exchange for carrying out predetermined tasks. The incentives frequently come in the form of bits of currency, such as Satoshi, and these tasks can include everything from taking surveys to playing games.

I'm going to guess in terms of cryptocurrency, that a faucet essentially drips currency over time. Kind of how it's done with mining and such, but I imagine this is a slower pace compared to mining.

Can anyone explain what faucet means in regards to cryptocurrency?

 

[Bango]

Faucets are websites that reward you with a small amount of cryptocurrency. There are different faucets and some of them reward you every 60 minutes and some of them every 5 minutes. The minimum withdrawal of faucets is relatively high compared to the income they give you