Why is crypto faucets called as such?
Cryptocurrency terms and definitions
1 Discussion
A cryptocurrency faucet is a website that dispenses cryptocurrencies to users who perform menial online tasks. Users must complete surveys, watch advertisements, read reviews, take quizzes, and perform other simple tasks. The user is rewarded insignificantly for completing these tasks. Therefore, the platform remind users of a leaking faucet that spews out small drops of water, which is fairly similar to the small amount of tokens distributed to users. The catch is that completing many such tasks can earn a certain sums of cash.