Let's get into this!!
What Is Cryptocurrency?
Cryptocurrency is a digital or virtual currency. It is not available in physical form like Dollar, Pound, Rupee, Yen, Euro, etc. It can only be stored digitally.
It is also a future currency having great scope in the future.
Some popular cryptocurrencies are - Bitcoin, Dogecoin, Litecoin, Ethereum, Tron, Tether, etc.
As of November 2023, there were 10,748 cryptocurrencies in existence. However, not all cryptocurrencies are active and valuable.
Market Value And Investment
Each Cryptocurrency has its market value and changes daily according to market conditions. Cryptocurrencies are highly volatile as their price fluctuates every moment.
'Bitcoin' is the oldest and most famous Cryptocurrency in the world.
In 2015, the price of Bitcoin was $327
In 2016 - the price of Bitcoin was $706
In 2017 - the price of Bitcoin was $7700
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Last year 2023, the price of Bitcoin was $37805
Current Price - $46,883 (As of January 9th, 2024)
After seeing this, we have created an opportunity to earn free cryptocoins without any type of investment.
Multiple Ways To Earn Cryptocurrency
There are multiple methods to make money from Cryptocurrency but the most common method is Trading. It is the buying, selling, and staking of cryptocurrency to make a good profit in the future.
Some other methods are - Mining, Yield Farming, Dividends, Faucets, Air Drops, etc.
Most of the methods require some investment to earn Cryptocoins but the 'Faucet' method is a free method by which you can earn free cryptocurrencies without any investment.
You can easily make $10 every day using this method as a beginner.
What Is Faucet Method?
A Faucet method is essentially a reward system that provides small amounts of crypto coins for completing simple tasks, known as Satoshi (the one-millionth unit of currency, equal to 0.00000001).
In exchange for solving captchas, surfing ads, or completing other surveys, users receive Satoshis.
You only need a decent mobile device or computer with a fair internet connection.
You can work anytime and anywhere without any time restriction.
No special education or skill is required to work on faucet websites. We will guide you further in detail.
People from any country can work and generate $10 every day using the right strategy and working smartly.
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If you don't want to read the overview then you can switch to next article
You will read each & everything in detail in further articles on each topic:
- Faucet Website And Different Earning Methods
- Crypto Wallet & Process Of Creating Crypto Wallet
- How To Join & Work On A Faucet Website
- Faucet Website Tips & Tricks For Beginners
- How To Transfer Crypto From Faucet Website To Crypto Wallet
- How To Transfer Crypto From Crypto Wallet To Crypto Exchange
- How To Withdraw Cryptocurrency To Local Bank Account
• Faucet Website And Different Earning Methods
Faucet websites generate revenue through a variety of methods, including displaying ads, participating in affiliate marketing programs, and providing premium services.
The faucet pays users with a small quantity of cryptocurrency for completing tasks including captchas, viewing adverts, taking surveys, and playing games.
The simple tasks are -
- Faucet Claim
- Auto Faucet
- Daily Bonus
- Paid To Click
- Shortlink
- Quiz
- Social Task
- Coupon
- Lottery
- Game
- Mining
- Wheel of Fortune
- Multi-level
- Crypto Stock
- Offerwall
- Read Articles
- Watch Videos
- Contest
- Achievement
Read about each task in detail. Click Here
Crypto Wallet & Process Of Creating Crypto Wallet
A micro-wallet is a wallet where you can store multiple Cryptocurrencies in one place.
FaucetPay is an earning platform and a highly trusted micro-wallet where you can store all Cryptocoins in one place.
Earned cryptocoins from other faucet websites and networks can be directly received into the FaucetPay account using the unique Deposit Address of the currency.
You can get all crypto addresses for all 16 cryptocurrencies from your FaucetPay wallet.
Mostly, Faucet-earning websites and networks support FaucetPay wallet as it is easy to store and withdraw. Also, it is safe and secure.
Step-by-Step guide to create a micro-wallet. Click Here
How To Join & Work On A Faucet Website
We have created our official faucet website to earn free cryptocoins and also listed other top-paying faucet websites.
We listed faucets depending on key factors like Faucet Reward, Referral Commission, Earning Methods, Withdrawal Methods, etc.
Read more in detail. Click Here
Faucet Website Tips & Tricks For Beginners
We share some tricks and strategies that will boost your earnings up to 10 times.
Beginners also make common mistakes like creating multiple accounts & self-refers, joining scammy websites, playing betting games to multiply their money, downloading malware, etc.
Read more in detail. Click Here
How To Transfer Crypto From Faucet Website To Microwallet
Mostly all faucet websites have a common microwallet i.e. FaucetPay to withdraw the cryptocoins.
You can transfer the coins to FaucetPay using two methods.
- By using FaucetPay Email Address
- By using Deposit Address
Read more in detail. Click Here
How To Transfer Crypto From Microwallet To Crypto Exchange
A cryptocurrency exchange is a digital marketplace where you can buy, sell, withdraw, deposit, and trade cryptocurrencies and other digital assets.
Cryptocurrency exchanges work similarly to stock markets, allowing investors to buy and sell digital currencies such as Bitcoin, Ethereum, Dogecoin, Tether, etc.
Read more in detail. Click Here
How To Safely Withdraw Cryptocurrency To Local Bank Account
Once you deposit cryptocoins into the Crypto Exchange then you can easily sell your cryptocoins using Peer-To-Peer method in the Crypto exchange.
After that money will be credited directly to your local bank account.
Read more in detail. Click Here
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In the next article, you will learn about Faucet Website And Different Earning Methods
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