What is a Bitcoin Faucet?
Bitcoin faucet is a reward system in the form of a website or app that releases rewards in the form of a Satoshi, a fraction of a bitcoin after completing a survey, watching an ad or doing a captcha.
The amount will typically fluctuate according to the value of bitcoin. Some faucets have random large rewards. Usually, after about 5 to 60 minutes, you will be required to insert a code that verifies that you are not a robot (usually written as a captcha) and you will gain your reward.
Faucets are a great way to introduce new people to bitcoins or altcoins. The majority of the faucets provide information to new users and offer them some free coins to “try before they buy,” or experiment with a test transaction before putting real money on the line. In general, this is a beneficial way to promote digital currency and bring in new users.
There are a lot of bitcoin faucet sites today, so it’s a very competitive market. Faucets earn from advertising to cover the cost of the coins it gives away. To make bitcoin faucets more profitable, you can add content and create unique and interesting stuff.
How Bitcoin Faucet Works?
Faucets offer rewards to attract visitors. It usually contains an advertisement that pays the faucet owners.
You may wonder why a number of sites use bitcoin faucets. The answer is simple – to earn a profit.
As mentioned, the faucet sites contain advertisements where faucet owners get money. The advertising cost is calculated on cost per thousand impressions (CPM) basis.
So, if the site gets more visitors and if each visitor spends more time on the site, the site owner gets more money from the displayed ads. This is the reason faucet websites give you tasks to finish and offer rewards so you will stay longer on their page.
In addition, the rewards attract more visitors to come back regularly to earn more free bitcoins or claim their compensation. As a result, the visitors spend more time on the faucet.
Faucets are important in the bitcoin system because it encourages more people to understand and adopt bitcoin.
Bitcoin Faucet Bot
As mentioned, bitcoin faucets offer you a list of task to complete to get free BTC. Faucet bots are created to make this repetitive works easier by automating the process.
Bitcoin faucet bot is an algorithm that repeats user’s action round-the-clock. It works on a computer or remote servers and virtual machines.
You can select the degree of automation and the robot’s type based on the following:
- Form of a script embedded in a web browser that collects Satoshi on faucet websites.
- Desktop version with additional programs for increasing payments from faucets making independent transfers to Bitcoin wallets and event trading on crypto exchanges.
You get to gain profit from Bitcoin faucet bot due to the parallel collection of coins simultaneously on several Bitcon-faucets. This automatically fills in the login/password and solves the captcha.
However, the faucet bots’ job is not easy because there are also programs created to hinder it. For example, the picture-puzzle at the entrance to the site is designed as an obstacle for automatic intervention.
Bitcoin Faucet Rotator
A bitcoin faucet rotator helps you find the best bitcoin faucet sites by providing a list of the highest paying bitcoin faucet. A rotator is a collection of trusted websites known for being high paying and super fast.
BTC rotators welcome all the faucet owners to promote their faucets there. For bitcoin enthusiasts who want to earn a passive income starting your own faucet rotator may help.
The benefits of having a faucet rotator includes the following:
- Managing all your referral links in one place
- One link to promote all your programs
- Earn ad revenue from banners
- Earn revenue from rotator sales
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