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What Are Crypto Faucets and How Do They Work?

Million, Free, Work, Bitcoin, Users, Faucet, Worth, Faucets, Rewards, Tasks1 min read

Crypto faucets are websites or mobile applications where you complete tasks for crypto rewards. These platforms give free crypto for easy tasks like playing games, watching videos and ads, and solving puzzles. The first crypto faucet was launched in 2010 by Gavin Andresen, a cypherpunk and Bitcoin developer, to spread awareness about Bitcoin. Freebitcoin has more than 50 million registered users and has distributed more than $230,000 worth of BTC. Monero Faucet delivers 0.00005 to 0.25 Monero tokens per reward on this platform. Allcoins pays out more than 13 cryptocurrencies, including 13% of the amount earned by those you refer to the platform as you earn up to 25%. Free Litecoin has over 9,000 Source

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