What is Dogecoin?
Dogecoin (doʊʒkɔɪn DOHZH-koyn, code: DOGE, symbol: Ð and D) is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo. Introduced as a "joke currency" on December 8th, 2013, Dogecoin quickly developed its own online community and reached a capitalization of US $60 million in January 2014; as of June 2017, it has a capitalization of US $340 million.
Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins have been in circulation by mid-2015 with an additional 5.256 billion coins every year thereafter. As of June 30th, 2015, the 100 billionth Dogecoin has been mined. While there are few mainstream commercial applications, the currency has gained traction as an Internet tipping system, in which social media users grant Dogecoin tips to other users for providing interesting or noteworthy content. Many members of the Dogecoin community, as well as members of other cryptocurrency communities, use the phrase "To the moon!" to describe the overall sentiment of the coin's rising value. Thanks to crowdfunding efforts, a gold coin representing the cryptocurrency is scheduled to reach the Moon's surface in 2019.
What is Dogecoin Faucet?
Dogecoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a dogetoshi, which is a hundredth of a millionth DOGE, 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 dogecoin, but the amount will typically fluctuate according to the value of dogecoin.
Faucets are a great way to help introduce new people to dogecoin, or to your favorite 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.
What is FaucetPay?
FaucetPay is a wallet provider for cryptocurrencies where you can receive micropayments from faucets and other sites that pay through cryptocurrencies without additional charges, it is an excellent alternative to conventional wallets. You will also have at your disposal an 'Exchange' where you can instantly exchange cryptocurrencies.
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What is a Bitcoin Faucet?
So-called faucets are a reward system in the form of a website through which you receive rewards in the form of satoshis at certain time intervals. Visitors receive free cryptocurrencies for filling out the captchas at regular intervals. Faucets are a great way to introduce new people to Bitcoin or other coins. Many faucets provide information for newbies and offer them some free coins so that they can experiment a little before investing real money. The term “ faucets ” comes from English and means something like “faucet” or “tap”. In the field of cryptocurrencies can be compared Faucets with small water drops. Here the smallest amounts of cryptos are given away for easy tasks. To get free Bitcoins, Dogecoin or others, it is often enough to just visit a page for a short time.
Why is something given away at Faucets?
The idea behind it is to open up the market to new prospects . If something is given away, you should rather look through it. The site operators finance themselves through advertising banners. These bring the operators a decent income and a fraction of it they pass on to you via the regular claims of the Satoshis.
What do the faucets bring me?
On the one hand, such “drops of water” are great for learning how to deal with crypto currencies. This is a great thing, especially for beginners . This is how you learn to receive and send cryptocurrency. And by the way, you can definitely earn a little more. The regularity of these pages is important.
Is there a catch with the faucets?
There is no catch. The principle of such “water droplets” is very simple. Lure users to the site and earn money with advertising income. You will in turn be rewarded with this advertising income via the claims.
What is FaucetPay?
FaucetPay is a wallet provider for cryptocurrencies where you can receive micropayments from faucets and other sites that pay through cryptocurrencies without additional charges, it is an excellent alternative to conventional wallets. You will also have at your disposal an 'Exchange' where you can instantly exchange cryptocurrencies.
