What is a Crypto Faucet?

Most simply stated, a cryptocurrency faucet is a website that gives out small amounts of cryptocurrencies as a reward for doing small tasks.

They’re called faucets because the rewards are quite small, like the dripping of water from a faucet, but in this case it is cryptocurrencies that are slowly dripping into your cryptocurrency wallet. The tasks performed are usually completing a captcha, but it might also involve clicking links or viewing ads.

Most faucets have a minimum payment threshold, so the cryptocurrencies earned through the faucet are deposited into a wallet on the faucet site, and can be withdrawn to the users chosen wallet once the minimum is reached.

Source: Coinbureau.com