What is bitcoin?
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application. Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility. Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts. If you want to know more then check out the full Bitcoin Wikipedia article
How do I get started?
To set up a bitcoin wallet, simply go to:
There are more alternatives here.
How do I use this site?
Bitcoin faucets are the easiest ways to get started with bitcoin. A faucet is a website that can give you up to a couple of cents worth of bitcoin. This site simply binds them together to make them easy to access.
Just enter your bitcoin address, and complete the captcha, and they will be added to a FaucetHub, Xapo, CoinBase or temporary account waiting to be withdrawn. Once you are done, click the at the top bar to go to the next faucet. If You dont see Faucet to claim, please open , and open site in new TAB.TX.
We aim to provide a unique faucet rotator, flexible, open source, and with minimal advertisements. If you have any questions, suggestions, concerns, criticism, faucets, or if you just want to thank us, pop us an email at email@example.com.