A cryptocurrency faucet is a website or mobile application that distributes small amounts of cryptocurrency to users in exchange for completing tasks that help expand the reach of a project, such as sharing posts on social media, viewing ads, and watching videos, among other things. Not to be confused with airdrops, which typically offer larger rewards, faucets are appropriately named because their rewards are small and resemble drops of water leaking from a faucet. Gavin Anderson created the first Bitcoin faucet in 2010 to provide new users with access to bitcoin (BTC) and to help raise awareness and participation.
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