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What is faucets?

Bitcoin faucets is a web pages with lots of advertisements running on it that rewards a small amount of Bitcoin to their members for visiting their page.

Bitcoin faucets pay Bitcoins to their members for every visit they make to their web page 24/7.

The rewards are not fixed on most of the faucets instead they are variable. Each time they dispense some amount of Bitcoins based on a number of claims made by the members per day or at least few claims every week.

The more you're regular, the more you can earn. Few faucets pay fixed amount of Bitcoins each time when you claim.

The Bitcoin faucets will fix a revisit time. The revisit time is the time fixed by the faucets, where you can claim Bitcoins only after certain fixed time from the previous claim.

For example: If you've claimed the Bitcoins now, you cannot claim the Bitcoins again immediately. Instead, you've to wait for a certain time before you can claim another time.

The revisit time varies from 1 minute to an 24 hours based on the faucet.

ABOUT CONTRA-FAUCET

GET FROM 52 TO 200 SATOSHI EVERY 1200 MINUTES

MINIMUM WITHDRAWAL 5000 SATOSHI OR 0.00005 BTC

REFERAL COMMISSION FOR THE FAUCET MAKES 7%

REFLINK: CONTRA-FAUCET.PP.UA/?R=YOUR_BTC_WALLET

What is Bitcoin?

Bitcoin is the digital currency, used to make payments of any value without fees. It runs on the blockchain, a decentralised ledger kept running by “miners” whose powerful computers crunch transactions and are rewarded in bitcoins.

Satoshi Nakamoto, a secretive internet user, invented bitcoin in 2008 before it went online in 2009. Many attempts to identify Satoshi have been made without conclusive proof.

People see value in money free from government control and the fees banks charge; as well as the blockchain, to verify transactions. Bitcoin has been seen as a tool for private, anonymous transactions, and it’s the payment of choice for drug deals and other illegal purchases.

As of November 2017, there were around 16.7m bitcoins in circulation. Each was worth around $7,000 resulting in a total value of $1.2 trillion.

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