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What is Litecoin?

What are faucets?

A comprehensive faucet list with over 420 faucets and growing, covering all the major cryptocurrencies including Bitcoin, Litecoin, Dash, Dogecoin and a growing list of other altcoins!

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Litecoin list last updated 11 November 2020

Rank	Faucet	Minimum	Maximum	Average Payout*	Per hour*	Timer	Payout Method
11	King of Machines	32004	32004	32004	4572	420	FaucetBox	-1
12	Litebox	10000	5000000	30500	91500	20	Direct	-1
13	CM Monitor	25000	80000	25000**	25000**	60	FaucetBox	-1
14	Cryptroller Black	22500	37500	22830	15220	90	FaucetBox	-1
15	Free Bitcoins to You	22010	22010	22010	5502	240	FaucetBox	-1
16	dhjryufnb	22005	22005	22005	5501	240	FaucetBox	-1
17	Cryptospout Hourly	18601	37201	18601**	18601**	60	Direct	-1
18	Free Easy Coin	18500	19600	18511	18511	60	FaucetBox	-1
19	Free Fast Coin	17300	18000	17307	17307	60	FaucetBox	-1
20	Free Litecoin	17050	18000	17059	17059	60	FaucetBox	-1

Last 10	Next 10
All averages are provided by the faucets and may not be accurate! *Minimum payout used as average not provided - average may be higher!

What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.^[1]

Litecoin has been an extremely stable currency over the years making it favoured by many as an alternative to using a bank.

Litecoin is currently the 4th most valuable cryptocurrency by market cap.^[2]

Source: [1] Litecoin [2] Coin Market Cap

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What are faucets?

Faucets are a reward system that gives away free Bitcoins or altcoins. The first faucet was developed by Gavin Anderson, one of the lead developers of Bitcoin. Rewards vary per site but generally dispense at various predetermined intervals of time.^[1]

Why do these sites give away free money? Faucets are a great way to introduce new people to Bitcoin and alternative cryptocurrencies, thereby both promoting each currency and providing new users with an easy to way to get their first coins.^[2] You can also make money. By visiting each faucet you provide income to the faucet provider and in return you are rewarded with a small amount of coin. By visiting many faucets you can quickly accumulate coin for yourself!

Source: [1]Wikipedia [2]Wikipedia

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