Are Bitcoin Faucets A Scam?

Are Bitcoin Faucets A Scam

Bitcoin faucets have traditionally been a popular way for newcomers to Bitcoin to get their first small amounts of Bitcoin. Find a good faucet rotator and you could theoretically earn a decent amount of Bitcoin by remembering to hit the faucets every hour or so.

One potential problem with this, though, is that faucets are sometimes accused of being scams designed purely to earn advertising fees for the owners with no intention of ever actually paying out.

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