Faucet Website - In the previous article, we have given an overview of Cryptocurrency & Different Ways To Earn Cryptos.
In this article, you will understand the concept of a faucet website and different earning methods.
What Is Faucet Website?
Faucet website is a website or application that pays users a small amount of cryptocurrency for completing simple tasks.
These awards typically take the form of a small amount of digital currencies given away.
Faucet website makes money in a variety of ways, including putting ads on their websites or applications, participating in affiliate marketing programs, and providing premium services.
There are tons of faucet websites that pay cryptocurrency for doing simple tasks.
It is important that users exclusively use reputable and recognized crypto faucets to avoid scams and phishing sites.
Different Types of Earning Methods In Faucet Website
These are the methods of earning crypto coins from a faucet website
- Faucet Claim
- Auto Faucet
- Daily Bonus
- Paid To Click
- Shortlink
- Quiz
- Task
- Coupon
- Lottery
- Game
- Mining
- Wheel of Fortune
- Multi-Level
- Stocks
- Offer-Survey
- Read Article
- Watch Video
- Contest
- Achievement
Faucet Claim
It refers to the process of obtaining small amounts of crypto coins as a reward for solving a captcha in a given time frame.
You can claim for reward every second, minute, hour, or day.
Claim reward depends on the cryptocurrency and its market value. It also depends on the crypto faucet website operator.
It is the most common method of earning crypto and is available on most of the faucet websites.
Auto Faucet
As the name suggests, you can earn crypto coins automatically without solving any captcha.
You need some energy in your account to use this method but this feature is not available on every faucet website.
Daily Bonus
You will get some reward every day for showing your daily activity on the faucet website.
This reward is different on every faucet website.
Paid To Click
It is also known as the 'PTC' method. By this method, you can earn crypto coins for watching ads. These ads are generally timer-based from 5 sec to 60 sec.
This is one of the most easiest and common ways to earn free crypto. It is also available on all crypto websites.
You can complete PTC tasks every day and new PTC ads are featured every 24 hours.
Shortlink
You will be redirected to multiple unknown websites while trying to complete the short link. These are banner ads, generally pop-up ads, and interstitial ads.
It is a challenging but high-paying method to earn free cryptocoins.
These pop-ups can be designed deliberately to attract the audience's attention and convey their product or services, and can be tailored in terms of design, content, time, and trigger.
As a beginner, it will not be easy for you to complete. You have to avoid all the irrelevant ads and links as they appear to you. Just follow the steps only.
There are different types of Shortlinks in which there are multiple steps available. The higher the steps, the higher the reward will be. Also higher difficulty.
Some of the shortlinks have very poor user experience but it can be highly rewarding.
You can complete short links multiple times a day. Just like PTC ads, you will get new Shortlinks every 24 hours to complete.
Quiz
You can earn free cryptocoins for taking part in the quiz. You will be rewarded for giving the correct answer every time. Also, there is a penalty for giving a wrong answer.
Not all faucet websites have this feature as it is low rewarding method generally.
Social Task
You need to perform some tasks to get rewarded. This is a highly rewarding method in a short time.
This includes social tasks related to the promotion of the faucet website on different social media networks like - Facebook, Instagram, YouTube, etc.
You need to follow the steps carefully while performing any task.
Doing any kind of fraud while performing any task will lead your account to permanent suspension.
Coupon
You can claim free cryptocoins by redeeming coupon codes. You will be provided these coupons generally on social media networks of the faucet website.
Lottery
You can try your luck by playing the lottery. Buy lottery tickets with some fixed price and wait for the result to be announced.
A lottery can be a very risky option to earn free cryptocoins as the winning chances are always low.
Game
You should avoid this earning method. These games are generally betting games like Multiplier, Dice, Coin-Flip, Slots, etc.
Do not try this feature for the sake of easy money. You will ultimately lose all your cryptocoins at the end.
Mining
Mining is the technique by which individuals engage in the mining of cryptocurrencies such as Bitcoin without having to own or operate the mining hardware themselves.
Mining allows people to participate remotely in the mining process. You only need to buy some hash power depending on the plan.
You will get a 10% to 20% return on your investment depending on the plan.
This method is both free and paid. Generally, it is paid to get better returns,
Beginners should avoid this earning method to earn cryptocoins as there are too many scams going on in the name of 'mining'.
As a beginner, you should never ever invest your money blindly in any crypto network platform that promises you to generate profit within a short time.
Wheel of Fortune
As the name suggests, you can earn some crypto coins by spinning the wheel. You can try your luck in this method as it has no risk.
You need some energy in your account to use this method. This feature is not available on every faucet website.
Multi-Level
It is a very unique earning method that not all faucet websites have in it.
Using your referral link, if you join anyone directly then you not only get a commission from direct referral but also from up to two levels.
This commission is for a lifetime but commission rates depend on the faucet network. You definitely try this method to avail higher earnings.
Crypto Stocks
To get profit in the long run, you can try this earning method.
You can buy some shares of any cryptocurrency and sell it later for good gains.
As a beginner, you should invest a lesser amount at your own risk. As crypto price changes, your profit margin will also vary from time to time.
Offer-Survey
An offerwall displays a selection of offers or tasks that users can do in exchange for in-app rewards.
It serves as a marketplace for users and marketers, allowing them to select tasks such as watching a video, finishing a level, making a purchase, and more in exchange for rewards such as in-app currency, lives, points, or other perks.
Offerwalls are often utilized in gaming apps but may be extended across all verticals. They give a mechanism for app developers to commercialize their games while increasing user engagement and retention.
This is a very high rewarding earning method but it is difficult to perform so beginners should avoid this earning method.
A survey is a method of gathering information from a group of individuals by asking them questions.
It is a research technique used to collect data from a predetermined sample of respondents to gain information and insights.
Surveys can be conducted through various mediums such as written questionnaires, face-to-face or telephone interviews, and electronic (e-mail or website) surveys.
This is a very highly rewarding earning method but it is also difficult to perform so beginners should avoid this earning method.
This is the highest method of earning free cryptocoins of all the methods given.
Read Article
You will be paid for reading blog articles. It is a very easy method to earn free cryptocoins.
Generally, you have to read articles at least for 30 seconds. You can read articles every day within a certain limit just like PTC ads.
Everyday faucet website updates new articles for the crypto earners.
Watch Video
You will be paid for watching videos on the platforms. These videos are from YouTube and it is also a very easy method to earn free cryptocoins.
Generally, you have to watch videos at least for 10 seconds. You can watch videos every day within a certain limit just like PTC ads and reading articles.
Everyday faucet website updates new videos to watch for cryptocoin lovers.
Contest
You can participate in a contest to get a very high reward. These contests generally are of different earning methods like - Faucet Claim, Refer and Earn, PTC, Shortlink, and completing Offers and Surveys.
Mostly all faucet websites have a contest feature to give rewards to the users.
Achievement
You can earn additional cryptocoins by completing achievements related to different earning methods like - Faucet Claim, Refer and Earn, PTC, Shortlink, and completing Offers and Surveys.
Mostly all faucet websites have achievement features that are easy to perform.
Best Faucets
We have listed 50 Best Faucets based on earning methods, minimum payout & referral commission
Best-faucets are trusted faucets that pay high rewards
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In the next article, you will learn about Crypto wallet & Process Of Creating Crypto Wallet
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