FaucetPay Review

Estimated read time 3 min read

WEBSITE: https://faucetpay.io/

About company:

Faucet Pay presents itself as a micro-payment wallet that supports transactions for small amounts in cryptocurrency, and a platform for earning. According to the service, users can receive instant cryptocurrency payments from thousands of online platforms and withdraw them to their personal wallet at minimal fees. The official website faucetpay.io is in English. The Russian version of the resource is available with the help of Google translator.
FaucetPay
There is no information about the service itself on the site. Where is it registered? Who owns it? When was the platform launched? None of the questions could be answered. The “Help/Support” section contains only information in the question-answer format. It does not include addresses or contacts. The only communication channels available to users are links to Telegram and Twitter social networks.
List of supported coins in FaucetPay
The FaucetPay platform supports the following cryptocurrencies:
bitcoin;
Ethereum;
Dogecoin;
Litecoin;
Bitcoin Cash
DASH;
DigiByte;
Tron.
The platform promises that over time the list of digital currencies will be expanded.
How to use the Faucet Pay wallet?
To start using the service, you need to register on the site. In the registration form, users provide the required contact and personal information (username, email and password). Also, during the registration process, you must agree to the provisions of the internal documentation – “Terms of Use” and “Privacy Policy”. The documents say that the agreement is between Faucet Pay and WALP Entertainment SRL. What is this company? What it has to do with a micropayment wallet is not clear.
In addition to the possibility of storing and exchanging cryptocurrencies, users have access to various Faucet Pay functions for earning:
faucet collector (more than 600 faucets for each supported cryptocurrency are presented in the list of the platform);
mini-games;
paid viewing ads;
completing assignments and surveys.
The platform also provides a bonus affiliate program, with the help of which, according to the service, users will be able to significantly increase their monthly income. To do this, it is enough to attract new participants to the project.
Limits and commissions in Faucet Pay
According to the information provided on the site, the maximum withdrawal threshold is not limited.
Withdrawal of funds is possible in two ways:
regular output – requests are processed every 4 hours;
priority withdrawal – the frequency of processing applications is 5 minutes.
FaucetPay
Each type of withdrawal and cryptocurrency has its own fees and minimum amount for withdrawal. More detailed information on this issue can be found in the “Fees” section.
Conclusion
The main drawback of the project is the lack of any information about its activities (place of registration, year of launch, names of creators). Not in favor of the platform is also the lack of contact details for communication with representatives of the support service. Potential customers need to take into account that the service disclaims any liability, which is stated in internal documents. Feedback on FaucetPay will help you make the right decision regarding cooperation with the project.

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5Comments

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  1. 2
    Manuel Santos

    The update was released today (15th january, 2023) was detrimental to users who don’t want to get paid in USDT when viewing PTC ads, besides the fact that we can only convert to Bitcoin from $0.01 which requires us to view dozens of ads until we can convert. Besides the conversion, the payment for PTC ads is worse after the upgrade.

    In my opinion faucetpay has regressed considerably.

    I hope you will go back to the system we were using before upgrade.

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