What is a Crypto Faucet ?

Crypto faucets seem like a really easy way to earn crypto for free!

Earn free cryptos from faucet, PTC, survey, offers, applications, airdrops.

Free Crypto Really Exist ?

There are a few different ways of increasing your crypto holdings in 2021. You can buy it, trade it, stake it and if you’re an unscrupulous lowlife, you can even steal it through hacks and scams. However, there are safer and perfectly legal ways if you’re out of funds and ideas, as there’s another way to rack up those satoshis: You can earn it.

Does “free crypto” really exist? Theoretically yes. Much like “free beer,” the so-called TANSTAAFL economic principle usually applies: “There ain’t no such as a free lunch”. It essentially means that free stuff takes work.

What are Crypto Faucets ?

A crypto faucet is an app or a website that distributes small amounts of cryptocurrencies as a reward for completing easy tasks. The name “faucets” because the rewards are small, just like small drops of water dripping from a leaky faucet. However, in the case of crypto faucets, tiny amounts of free or earned cryptocurrency are sent to a user’s wallet. In order to get free crypto, users need to complete tasks as simple as viewing ads, watching product videos, completing quizzes, clicking links (be careful!) or completing a captcha. 

Crypto faucets are certainly not a get rich quick scheme. The simpler the task, the lesser the reward. Most websites have minimum payout threshold. So the rewards earned by completing tasks are deposited into an online wallet of the site. A user can withdraw this reward only after reaching the minimum set threshold. With the best crypto faucets, this might take just a day, but often, it can take longer than a week. 

But, what is the purpose of a crypto faucet?

The idea behind crypto faucets is to give free cryptocurrencies to people. So they would take the time to learn about digital assets and hopefully invest in them. 

Conclusion

As you can see, with our thorough breakdown of crypto faucets, beggars can be choosers when it comes to earning crypto. If you’re a newcomer to crypto, these free tools to earn digital assets are a fantastic resource. Learn, earn, collect and HODL. 

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