Hello again,
Today I would like to introduce you to the FaucetPay website. This page has already appeared in the previous article, but today I would like to describe it in more detail.
There are several reasons why FaucetPay appears as the first website I want to introduce to you in more detail, and I will tell you right away that it is not because you will earn a lot using this site. But we'll get to that a bit later.
By researching various earning opportunities on the Internet, especially those known as a faucets you will quickly find out that they have some serious flaws. Apart from the fact that most of them are simple scams, the ones that actually pay take a very high commission for the withdrawals either they allow you to withdraw only after reaching a certain minimum which is usually very high, or both.
There are only a few faucets out there worthy of your attention and they all share the same thing.
And this is where FaucetPay comes in:
- one of the better faucets out there allow you to withdraw to the FaucetPay without commission, or for a nominal fee,
- some of them allow a withdrawal only to the FaucetPay account,
- you can withdraw to FaucetPay much smaller amounts than to other wallets,
- FaucetPay has a CoinSwap function that allows you to exchange various cryptocurrencies,
So let's start from the very beginning.
The first thing you need to do is to create an account by entering your username, e-mail address and password. After completing the registration process, you will be given access to your account.
I will not go over all the available options as FaucetPay has options both for users like you and me and options for faucet owners.
The place where you will probably spend most of your time is DASHBOARD > USER DASHBOARD, which you can access from the main navigation bar.
There you will find basic information about your account, statistics and access to additional configuration options.
User Dashboard view.
These basic informations, located under OVERVIEW tab, are informations about all accumulated funds, the total value of the wallet in US dollar, daily and general statistics on payments and the amount of reward points.
You can find out more about your reward points by selecting the LEARN MORE button located directly below the number representing the amount of points you have collected.
Under the STATISTICS tab, you will find information on the funds accumulated in the current month.
The LINKED ADDRESSES tab is the place where you enter the addresses of the wallets to which you want to withdraw funds accumulated on the FaucetPay account. After entering the addresses in this tab, you will be able to use the WITHDRAW tab, thanks to which you will be able to withdraw the collected funds to previously configured wallet addresses.
The DEPOSIT tab is where you can find addresses belonging to your FaucetPay account. You will transfer funds to these addresses from other faucets. For ETH, you will still need a METAMASK wallet which you need to link to the FaucetPay wallet. Instructions on how to do this can be found on the internet.
And that would be it when it comes to basic information about the account. However, we still have a few important options available from the main menu.
So let's continue with the EARN, where You will find various opportunities to earn extra coins. And as I mentioned earlier, you are unlikely to earn much by using these options, but they are here if you want to use them.
The easiest option is to watch PAID TO CLICK ads. The amount you can earn here is not large and ranges from 5 to 1 satoshi per advertisement. Considering the number of ads appearing during the day, you can earn around 50 satoshi, and it only takes a few minutes to do it.
Paid To Click view.
Other more demanding and time-consuming options are completing surveys and performing tasks such as installing applications on phones, etc. Here you can earn up to several hundred satoshi per task.
A relatively new option is the FEY staking option, thanks to which you can earn by staking the Feyorra (FEY), native FaucetPay token. And that's all when it comes to earning opportunities.
Now let's move on to COIN SWAP.
Coin Swap view.
Considering that you can deposit various cryptocurrencies in very small amounts, the COIN* SWAP option is probably the most important option. This allows you to accumulate funds on other faucets, deposit them into FaucetPay, convert into one currency and withdraw to your external wallet.
Of course, not every faucet gives you the option to withdraw out to FaucetPay. However, those that I have tested and rated as the best out there, offer such an option. Most of them allow you to withdraw to FaucetPay commission-free or for very little. You can also withdraw smaller amounts. In some cases, even as small as 1 satoshi. We will write about those other faucets in detail soon.
All this allows you to withdraw funds earned in other places more often paying the commission for the withdrawal only once, when you withdraw from FaucetPay to an external wallet.
FaucetPay also offers referral programme. Its details and your referral link to the program can be found by selecting the AFFILIATE option from the main menu.
Finally, a few tips:
- The commission for withdrawals depends on the network load. If it is too high, wait for it to reach normal level. Between 5,000 and 2,500 satoshi is, in my opinion, an acceptable commission and much less than for withdrawals elsewhere.
- You can always exchange BTC for another coin for which the withdrawal commission is lower.
In future articles I will describe in detail the faucets which in my opinion are the best on the market, both in terms of earning opportunities and how they work. All of them offer additional options for those who use FaucetPay, which is why I started with it.
If you would like to set up a free account on FaucetPay please consider using the referral links provided in the article,
- it will allow me to create more good content, assuming that it is good...
- it let me check if the affiliate program really works and report to you if it is otherwise,
- it's free for you, thanks.
That being said, hope you enjoyed and see you at the next one.
piearnings.com
