Thursday, February 24, 2022

Free Crypto from Faucetpay

 

If you are looking to earn cryptocurrency for free, there’s a site that claims you can do so by doing simple tasks. It’s called FaucetPay.

But is FaucetPay even legit and worth joining or a scam to stay away from?

Well, this FaucetPay review will answer that and all other burning questions about this site.

You will get an inside look and learn about all the details and know exactly what to expect and if this is really worth investing your time in or not.

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What is FaucetPay and what does it offer?

FaucetPay is mainly a micro wallet that also has Get-Paid-To (GPT) features, which makes it quite a unique site. But for the purpose of this review, we will be looking at the GPT aspect of the site. As for its legitimacy, FaucetPay is indeed a legit site since it will really pay you for completing simple tasks.

Now, to fully understand how this site works, we have to take a closer look at the earning opportunities it offers. By doing so, you can also get a snapshot of how well you can earn from this site.

I have, therefore, made a video that gives you an inside look and shows exactly how you can earn from FaucetPay. You can also read all the details below the video.

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Option 1 – Paid surveys

When you become a member of FaucetPay, the first earning opportunity that will be accessible to you is their paid surveys. The reason why I say it is the first accessible opportunity is, the other earning opportunities need to be unlocked (I will explain later how to unlock them).

Take note though that the paid surveys I’m referring to here are the paid surveys from one of their partner sites (TimeBucks). Their actual paid survey section has to be unlocked like their other earning opportunities.

To access their paid surveys from TimeBucks, you just have to log in to the site and click the “Earn” option on their menu. Then, click the Offerwalls. Under the Offerwalls section, you have to click TimeBucks. You will then see something similar to the photo above.

Just choose which survey you want to answer and then click the “Answer” button. It will open a new browser tab where you will have to set up your profile first. Just answer all the profile questions as honestly as you can. Once you are done, you will be notified if there are surveys available for you.

If there is a survey available, then just proceed with answering it. Once you finish answering the survey, you will receive the reward promised. If there are no surveys available for you, then you just have to go to the next available survey in the FaucetPay offerwall.

For every survey you complete, you will be rewarded with USDP. Later on, I will discuss what you can do with the USDP you’ve earned.

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Option 2 – Daily login bonus

Once a day, you will be able to claim a login bonus. The first time you log in to the site for the day, you will immediately see something like the photo shown below.

During your first day, the daily login bonus will be set to 1 Reward Point. This will gradually increase when you keep your streak of logging in to the site. The maximum Reward Point you will get will be 100 Reward Points.

So say for example, you’ve logged in to the site for 15 days straight and the last bonus you got was 15 Reward Points. Then, the next day, you failed to log in, thus stopping your streak. The next time you log in to the site, the daily login bonus you will receive will be back to 1 Reward Point.

That’s why it is really important to keep the login streak going to maximize your earnings. To give you a perspective of how important this bonus is, 1 Reward Point is equivalent to 1 Satoshi. So, you can potentially earn 100 Satoshis every day you log in, which is a nice bonus, in my opinion.

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Option 3 – Offerwalls

This is another earning opportunity you have to unlock. You can only access their offerwalls if you have made a certain number of faucet payments per month (usually 5 to 7 faucet payments). So, how do you get faucet payments?

Well, the first thing you do is sign up to a website or app that dispenses rewards in the form of Satoshi (the smallest unit of a Bitcoin). In other words, you have to look for other GPT sites and apps that give out Satoshis as payment through a faucet.

Then, you have to link that faucet to your FaucetPay account (refer to the photo above). Once you’ve linked that, you just have to do the tasks offered by those other sites and apps to get paid. I know, it’s kind of a weird setup because you will have to work on other sites and apps.

But, if you want to unlock their offerwalls, you have to comply with this requirement. Now, if you’re not familiar with offerwalls, they are basically in-site/app advertising platforms that are designed to promote websites and mobile apps.

Offerwalls do this through their paid offers. These paid offers are simple tasks you can do to earn rewards. These tasks will usually ask you to answer surveys or quizzes, play mobile games, sign up for websites, watch videos or ads, and more.

To work on a paid offer, just choose which offerwall you want to work on and click it. Then, click the offer you are interested in doing. You will then see the instructions you have to follow to complete the offer. Make sure to read and understand the instructions before you start because if you miss even just one step, you will not be able to complete the offer and you won’t get paid.

When I was doing my testing, FaucetPay had 8 offerwalls available, which isn’t that many compared to other GPT sites. So, there aren’t a lot of offers you can do and you will eventually run out of things to do to earn from. That’s one of the disadvantages of this site. But, you can still work on the other opportunities to earn more.

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Option 4 – FEY staking

Speaking of other opportunities, you can also earn by participating in their FEY staking. If you’ve been working with cryptocurrency for a long time, this will be very familiar to you. But if this is your first time hearing about the term “staking”, it’s a form of earning opportunity where you can earn cryptocurrency by depositing a certain amount for a specific period.

In FaucetPay’s case, the lock-in period for their staking is 70 days and it will involve the token called FEY (or Feyorra). So, how can you get this token? Well, you can use any cryptocurrency to trade for this token. And the good thing is, you can just do it inside FaucetPay since they have a trading platform you can use.

For example, you can convert your Bitcoin to FEY tokens. That’s usually the route members take when they want to participate in the staking. Once you’ve converted your Bitcoin to FEY tokens, then you just have to choose the kind of staking you want to participate in.

I would suggest you join the one that is almost close to full so that you don’t have to wait long for the staking period to start. Once it starts, you just have to wait 70 days to receive your reward. It kind of works like putting money in the bank and waiting for the interest to be credited to your account.

Take note that the FEY token you’ve placed in staking can’t be withdrawn until the staking period is over. Before you decide to participate in this earning opportunity, I would suggest you read up first on what crypto staking is really all about.

Because you can also potentially end up losing money by doing this and you need to know exactly what you are getting into.

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Option 5 – Multiply BTC games

FaucetPay has a section called Multiply BTC.

This is a section where you can potentially multiply your earnings. However, this also comes with a risk.

You can bet your earnings and it offers several games where you can do this. At the time of writing this review, the games you can play are Dice, Roulette, Limbo, Crashes, and Plinko.

All of the games are very simple and easy to play and they have easy-to-follow instructions on the website. You just choose a bet and play the game and if you win, you will get a reward but if you lose, you will lose your bet.

The higher amount you bet, the more you can potentially win, but then, of course, the risks will also be higher.

So this is not a good option for all and only a good option if you like gambling – but be careful as your earnings can quickly disappear if you are not lucky.

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Option 6 – Referral program

Lastly, you can earn bonus rewards by participating in their referral program. If you are not familiar with what a referral program is, it is basically an opportunity where you can earn by inviting other people to join the site.

All you have to do is share your invite link with the person you want to invite and once they sign up to FaucetPay using your link, they will become your referral.

But, before you can earn from their referral program, your referral must become an active member of the site. That means they have to complete any of the earning opportunities offered by FaucetPay. For example, if they complete a paid offer from one of their offerwalls, you will receive a 25% commission which will be shouldered by FaucetPay.

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So, make sure to invite people that are really interested in earning from FaucetPay.

1 comment:

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