Faucets really exist & work, but, probably there are a few fakes. One can do nothing with the Bitcoin address except using this as the recipient address or see the balance history and transaction of address. The e-mail addresses aren’t required to send away Bitcoins. Till you may discern legit reason for needing email address, it appears likely they’re collecting email addresses for some other purposes, like phishing attacks, advertisement, and to glean addresses that are related to wallet services online.
Purpose of Faucets
Bitcoin is relatively new, thus lots of people across the world still are learning what exactly it is, sop let alone investing in this or include it in their financial portfolios. That is why the Bitcoin faucets were made. They actually serve as the way to introduce the people to concept of BTC without risks linked with investing. There are a lot of faucets that strive to provide information about the Bitcoin to the new users. Faucets are the good way for the people to learn about the Bitcoin as well as give them an opportunity of earning the coins without even risking your money. Now, faucets have actually grown in the popularity among the Bitcoin enthusiasts, and there’re a lot of different faucets for the users to dabble at.
Why To Get in Business of Providing Bitcoin Faucets?
Besides educating the new users on Bitcoin, there are a few websites that select to use Bitcoin faucets for some different reasons, which include increasing the website traffic as well as making money.