What are Cryptocurrencies?Cryptocurrencies are a digital asset designed to function as a means of exchange or payment for goods and services like fiat money, but unlike fiat money, cryptocurrencies generally do not exist in a physical format and are not issued by a central authority. The control of each currency works through a decentralized database, called blockchain, which serves as a database of public financial transactions.
The first cryptocurrency that began to operate was Bitcoin in 2009 and since then others with different characteristics have appeared such as Ethereum, Litecoin, Bitcoin Cash, Dash, Dogecoin, etc.
The Complete Beginner’s Guide to Making Money from Bitcoin (Eth, Ltc, etc...) Faucets
What are Bitcoin faucets?
We’ve covered Bitcoin faucets many times in the past so I won’t go over them in detail. In short, a Bitcoin faucet is a website that gives out a small amount of Bitcoins to its visitors. The amount can vary anywhere from 100 Satoshis (0.000001BTC) up to 10,000 Satoshis and more (0.0001BTC).
Usually after you receive your coins you need to wait a certain amount of time until you can ask for another batch. The original Bitcoin faucet was operated by Gavin Andresen, The Bitcoin Foundation’s chief scientist. It started out around late 2010 and it gave visitors five Bitcoins for free. Back then, each Bitcoin was worth something like $0.08. The whole idea was to spread the word about the world’s first cryptocurrency. read more...
What is Bitcoin?Bitcoin (BTC) is a type of cryptocurrency, more specifically the first that was created in 2009 by Satoshi Nakamoto. Bitcoin as such does not exist in physical form, only balances kept in a public ledger that everyone has transparent access to, called the blockchain. Bitcoins are not issued or endorsed by any bank or government, that is, it is not a centralized currency like the Dollar or the Euro, on the contrary, bitcoin is a decentralized digital currency. read more...
What is Ethereum?Ethereum (ETH) is a digital platform that adopts blockchain technology and expands its use to a wide variety of applications since it is open source. The Ethereum platform was created in 2015 by programmer Vitalik Buterin, with the perspective of creating an instrument for decentralized and collaborative applications, which means that no entity or person controls it. read more...
What is Litecoin?Litecoin (LTC) is a cryptocurrency and open source software project released under the MIT license inspired and practically identical in its technical aspect to Bitcoin (BTC). It was created in October 2011, Charlie Lee is the ideologue and the most recognized figure of this project. Its creation and transfer is based on a decentralized protocol and is supported by the consensus of a peer-to-peer network. read more...
What is Dogecoin?Dogecoin Is a cryptocurrency derived from Litecoin that uses as its mascot a Shiba Inu dog based on the internet meme "Doge". This cryptocurrency was created in 2013 by software engineer Billy Markus. Markus' idea, along with the Australian Jackson Palmer, had started out as just a joke. read more...
What is Dash?DASH, formerly known as XCoin and Darkcoin, is an open source cryptocurrency and software project. Similarly to Bitcoin it does not depend on any centralized entity such as central banks or corporations. The project was initially released under the name XCoin on January 18, 2014. Its creator and main developer was Evan Duffield. read more...
What is Tron?TRON (TRX) is a blockchain platform launched to become the fundamental foundation of a decentralized entertainment ecosystem. The project was started by Justin Sun and his first version of the open source protocol was released in December 2017. read more...
What is Wallet?The term "digital wallet" (or e-wallet) refers to a virtual means by which we can manage our crypto assets. It can be software (or hardware) exclusively designed to store and manage the public and private keys of our cryptocurrencies.
What is FaucetPay?FaucetPay is a wallet provider for cryptocurrencys where you can receive micropayments from faucets and other sites that pay through cryptocurrencies without additional charges, it is an excellent alternative to conventional wallets. You will also have at your disposal an 'Exchange' where you can instantly exchange cryptocurrencies.
Frequently Asked Queries
Can I create multiple accounts?
You are not allowed to create multiple accounts or have multiple accounts in the same network. All violated accounts will be banned.
Am I benefit from referring my friends?
We share up to 10% of your friend earning for referring them. You can get your referral link in Refferal Tab
Can I use Bots or VPN/Proxy?
Bots, VPN/Proxy are not allowed on this site. We will ban all violated accounts.