Welcome back to this series of blogs looking at the various means by which free cryptocurrency can be earned. 

I can't quite remember how I came across this website, but having had a quick scout around the internet, it seemed to be reasonably legitimate, so I went ahead and signed up to see what it was all about. 

Coins and Currencies

This website works through the use of 'coins' (tokens specific to this site), which can be earned through a number of different ways, which can then be converted into a variety of crytpocurrencies and cashed out via your normal wallet, or via www.faucetpay.io (Referral Link) (in the case of BitCoin or Ethereum). 

The other cryptocurrencies on offer via FaucetCrypto are: 

• BitCoin Cash
• BitCoin SV
• BitTorrent
• Dash
• Digibyte
• Dogecoin
• Ethereum Classic
• Komodo
• Litecoin
• Piratecash
• PIVX
• Reddcoin
• Ravencoin
• Syscoin
• Tron
• Verge
• ZCash
• Horizen

Rather usefully, there is an indication of the current price and the price movement given alongside each coin, which might assist you in choosing which one you'd like to receive in exchange for your coins. When withdrawing your chosen currency (which incurs a fee of 50 coins) there is a minimum withdrawal of 1000 coins, and there is also a maximum limit set on each account according to your level (which seems to correspond with how much you've used the site). Finally, there are stock levels for each of the cryptocurrencies, which does mean that you may not be able to select your preferred coin whenever you want to cash out - the website does say that they aim to re-stock within a week, but I've never had to wait more than a few hours for stock to come back in. 

Earning Coins

So, having established what is available, it's probably an appropriate time to look at how we can actually earn some of these 'coins'. 

There are range of tasks that can be completed, which each earn varying amounts of coins depending on the level of input and effort required to carry them out.

It's worth noting that this site also incorporates an 'experience level', which is gained through your completion of tasks and affects the payout that you receive for completing a task. The information provided on the website states that each additional level of experience that you achieve will increase the payout received from a task by 0.125% - this isn't huge, but it does mean that the payouts mentioned in this article might be a little higher than the rewards that a new user would receive (as I am currently sitting at level 42). 

The Faucet

First off is my old friend, the faucet. The faucet on this site can be clicked every 30 minutes for new members, and that seems to change in-line with your level - I now have the benefit of being able to use the faucet every 25 minutes. Having used the site for about a fortnight now, the faucet currently gives me around 18 coins, and is accessed after completing a short Captcha and scrolling down to the 'Get Reward' button. 

PTC Ads

The second method of earning coins on the site involves Pay-to-Click (I guess that's what 'PTC' refers to) Ads for a prescribed amount of time in exchange for coins. The number of coins received is determined by the length of time that you view the ad, and these are split into 2 groups - 40 second ads (paying around 25 coins) and 16 second ads (paying around 12 coins). There is usually a reasonable supply of these ads, and you can probably earn 200+ coins through viewing these over the course of around 10- minutes.

Upon clicking to view an ad, you must complete a Captcha and click 'Get Reward' before you are taken to the site in question, which opens within the same tab and features a timer, which changes to a 'continue' button once you have completed the time requirement for the ad (tip: the tab showing the ad will need to be 'active' on your device in order for the timer to run down. Clicking 'continue' will take you back to the ad page on FaucetCrypto and will give you your coins. Unfortunately, clicking the button also opens the site relating to the ad that you'd just watched in a new tab, although they are easy enough to close - it's just something to be aware of. 

There seems to be an ad portal attached to this site, where other users can create advertisements to be included in the PTC ads section, which probably gives an indication as to the quality of the adverts. While FaucetCrypto do display a disclaimer specifying that they have no relationship with the sites displaying adverts, it is worth bearing in mind that the websites shown in these adverts can be 'variable' in their quality - many of these are simple referrals through to other similar websites, but there are a few which are definitely less-than-legitimate. As such, please exercise some caution if you are considering using any of the advertised sites.

Surveys/ Offerwalls

Another method of earning coins is in the participation of surveys (the 'Offerwall' section is separate, but seems to only display surveys). 

This can be quite a lucrative way of earning a decent amount of coins, although the payout varies depending on the length of the survey - this seems to be anywhere up to 10k+ coins, although it is impossible to put an exact figure on it as the payouts are determined by the market research companies that have provided these.   

To access the surveys, you must click through to one of the providers shown in the relevant section of the website, who will then attempt to match you to an appropriate survey (typically based on a few demographic questions). 

While surveys can be lucrative. the system can be quite frustrating at times, and it can often take a while to actually be matched with one that you can complete. This isn't a criticism of FaucetCrypto - anyone that has used a survey website in the past will know that you can spend quite a lot of time typing in demographic details and being rejected from numerous surveys before you are successful, which means that it can take a while to earn any coins. 

Shortlinks

The final section of the website that I will cover for the purpose of this review is the 'shortlinks' section. This section seems similar to the PTC Ads section of the website, although the reward is provided for merely accessing a website via the list of links on the page. 

While this initially seemed like quite an easy way to earn coins, I only clicked one of them before being put off doing any more - the sites in this section seemed to be a bit sketchier than the sites shown in the PTC Ads, so I just gave up on them. The payout for accessing these links was 12 coins for some sites and 32 coins for others, presumably based on how much the advertiser wants to give as an incentive to view their site.

General Issues

Through my use of the site I'd noticed a couple of issues that persistently reared their head, and although these don't entirely destroy  your experience of the website, they can be rather irritating. 

The first of these issues is that the Faucet timer will sometimes reset itself, even if it is currently showing as being 'Ready to Claim'. This issue has been far more common when accessing the site via Safari on my mobile, so that's something to watch out for if you plan on using this site regularly. 

Another issue that occurs with the faucet is that clicking to access the faucet often redirects you to an airdrop website (again, this seems to be more prevalent when accessing the site via a mobile). Unfortunately when this occurs, you must close the tab (as going back will result in you being redirected again), which can often cause the timer to reset. Through trying a couple of things, I have found that closing the redirected tab and reopening a new one seems to allow you to access the faucet without being redirected again. 

Finally, I have found that the Captchas can sometimes be inconsistent, with correct responses being flagged as incorrect. Again, closing the tab and re-opening seems to resolve this issue. In spite of this, I will say that the Captchas employed by this site are far more tolerable than the popup ones, as they are embedded within the website itself, which seems to make the process much smoother (generally). 

The Payout

As mentioned at the beginning of this article, there is a minimum payout for this site, which is set at 1000 coins. Your current balance of coins is given at the top of the page, along with an equivalence in BTC, with 1000 coins being worth approximately 0.000001 BTC. At the time of writing this article (12 May 2021), this 1000 coins would be worth around 5.7 cents.

While this isn't the sort of haul that will change your life, this can be achieved easily within 4/5 days through the spending 20 minutes completing the simple tasks provided (the faucet and PTC ads). 

As mentioned earlier in this article, the real rewards come from completing surveys (which can have pretty high payouts). However, I had found that sitting and putting an hour into doing the surveys would generally result in the completion of a relatively small amount of surveys, with the majority of the time being spent inputting demographic data and rejected from the survey. That said, when considering the equivalent value in BTC, even a survey paying out 10000 coins (which might take 20 minutes to complete) would only result in around cryptocurrency to the value of 57 cents.

Overall, I would say that this site does offer the opportunity to earn small, consistent amounts of cryptocurrency, and I do like that I can get paid out in some of the lower-valued alt-coins (BTT, TRX, etc.), which makes it feel a bit more like I'm getting a return on my efforts since I can accumulate a whole unit of cryptocurrency.

If you decide to try it out, you can sign up here - >  FaucetCrypto.com (Referral Link)

As always, if you'd prefer not to use my referral link, simply remove everything after the '.com' in your address bar after clicking the link. 

Let me know what you think of the site, and feel free to add any other suggestions in the comments below! 

Next Time

I've been using Cointiply for the past week or so in addition to FaucetCrypto, which I will be reviewing in my next article - if you want to get in on the action beforehand, you can sign up here (Referral Link).