A Beginner’s Guide: What Is a Crypto Faucet?

Did you know that back in 2010, you could get 5 BTC for free? As much as we might not believe it, it’s true! Gavin Andresen, often known as the face of Bitcoin, launched the first crypto faucet back in June 2010, giving users 5 BTC on a first-come, first-served basis.  

A crypto faucet is a website or an application that rewards you with cryptocurrencies in return for completing relatively straightforward, non-labor-intensive tasks, such as completing a captcha, viewing ads, or completing surveys. 

This guide will discuss crypto faucets, their relevance in today’s world, and the different types of crypto faucets available today.