In this guide, we will show you some of the best Bitcoin Cash (BCH) faucets for the year 2018 and 19. There are many BCH faucets available on the web but they are the highest paying faucets among them.
What is Bitcoin Cash (BCH)?
Bitcoin cash is a hard fork of Bitcoin. Since the launch of Bitcoin, it has faced many scalability problems and BCH is one of the solutions. Bitcoin cash is the result of the hard Fork of Bitcoin which gave birth to this coin. Furthermore, Bitcoin cash is a part of Bitcoin (BTC).
For more information about this coin click here
What is Bitcoin?
Bitcoin is a peer-to-peer decentralized payment system or an encrypted digital currency. The function of cryptocurrency is to secure transactions by using cryptographic functions for secure payment. Bitcoin is one of the most influential technologies available in the market. Many major coins such as Ethereum are formed with the technology used in Bitcoin. To perform transactions this network needs a lot of computational power which is provided by Miners. Miners are rewarded with BTC whenever a block is solved. The Block reward is currently 12.5 BTC which is halved after every 210,000 blocks.
However, Bitcoin Cash can be earned with a Bitcoin faucet for free or can be purchased from any crypto-exchange.
What is a Bitcoin Cash Faucet?
A Bitcoin Cash Faucet is a kind of rewarding system which dispenses rewards after completing some tasks. There are various kinds of tasks offered by a Bitcoin Cash Faucet such as referring friends, playing games, completing surveys and many more.
Who developed the first Bitcoin Faucet?
The first bitcoin faucet was developed by Gavin Andreson in 2010 which used to dispense 5 BTC per user.
Currently, Bitcoin faucets offer rewards in Satoshi or a millionth of a bitcoin. These fractions are in a very small amount that can\’t be stored in the wallet. To store such kinds of fraction faucets use a special kind of wallet known as nano wallet. Cryptocurrency networks charge a high amount of fee to save this a bigger amount is collected. The collected amount is then automatically transferred to the desired wallet address.
Best Bitcoin cash (BCH) faucets
Here is the list of the best available Bitcoin Cash (BCH) faucets on the web,
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