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Price Bitcoin $42242 Last Update : 2021-09-22 06:30:45
This Bitcoin Faucet requires a faucetpay Account to claim.
Claim Up to 2 satoshi every 5 mins

Earn 50% Referral Commission and 10% short links and Offers forever

Note: Users' referral links cannot be modified or changed, so they will always be sent to you, and referral links belonging to the same user are not counted.

Recent Payouts

Date User Reward
2021-09-22 06:33:58bc1qnvs7kc8kwkxx00yeckxnmqsu965ccaj4ltws4s1 satoshi
2021-09-22 06:33:501AgzY5s6ZCT91vjVbyPwvjLBzS94vqv4ZK1 satoshi
2021-09-22 06:33:43t1Tfa6om4BnAjfinjpzgkud4XXJdaXU3sDT1 satoshi
2021-09-22 06:33:401Lun2Gzgfo5aH8ThjhVp6mnBcpvRnQXgzt1 satoshi
2021-09-22 06:33:361EHsBYBwucUbC77yNvxMrav8dfnVGi9YKm1 satoshi
2021-09-22 06:33:351G1Qbr1bMwGQX6ZWPAynEJu53BGkZc8nUz1 satoshi
2021-09-22 06:33:2736Q76tC6ZZRsGVuqAVBHx8HG3y4hjC1tBp1 satoshi
2021-09-22 06:33:2219r5vD7FAvNagsLfNLnjKUxYiwACxny1xt1 satoshi
2021-09-22 06:33:1514rWSRrGmWRdEnVmiyfKTKafof1HWsMp5r1 satoshi
2021-09-22 06:33:071FQhpRpzT1MdjxZA2poAY9bxnPBmATP7UL1 satoshi

What is Bitcoin?

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.

Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

What is Bitcoin Faucet?

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a bitcoin, but the amount will typically fluctuate according to the value of bitcoin.

Faucets are a great way to help introduce new people to bitcoin, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.

Sources: Wikipedia, YouTube