Sunday, November 8, 2020

FaucetPay Microwallet

You need an intermediary wallet to get your revenue from a large number of sites, the most common of which is the FausetPay intermediary wallet. Intermediate wallet, or in other words, temporary wallet, which is originally called Microwallet, is a wallet that is much lower in terms of credibility and security than your original wallet, and only for short-term storage of digital currencies, is appropriate. Many faucet sites or other monetization sites do not transfer the money from working on that site directly into your main and orginal wallet.

Due to the time-consuming nature of digital currency transactions such as bitcoin and the fee of these transactions, it is not cost-effective for faucet sites to make frequent and separate payments of users' income to their main wallet. This problem is more common for sites that have a small amount of money as a minimum balance to withdraw from the site for their payments. For this reason, wallets were created as payment intermediaries between monetization sites and the main wallet to facilitate the transfer process. In this way, monetization sites transfer your income into these wallets and you can transfer your income in these intermediate wallets directly and together to your main wallet.

 


In the past and until recently, the FaucetHub used to act as an intermediary for many sites, which has been closed for some time, leading to the creation of other wallets to replace it. The most popular of these wallets is the FaucetPay wallet, which most sites that give you income through intermediaries, use this wallet for this purpose.

FaucetPay wallet currently supports 8 types of digital currencies, and you can use this wallet to get your income paid in these currencies. The digital currencies Bitcoin, Ethereum, Dogecoin, Litecoin, Bitcoin Cash, Dash, Tron and Digibyte make up these 8 currencies, and more currencies are likely to be added to this list in the future.

How to work with FaucetPay and manage your account on this site is not very complicated. First of all, you must have a main wallet account in one of the reputable wallets. As we have said many times in the past, one of the best and safest wallets now that you can use to store all kinds of digital currencies is the Coinomi Wallet, which we have explained in previous posts how to open a wallet account and how to work with it.

After opening a wallet account, you need to create an account address in your wallet for each digital currency you want. Then enter the address of the desired account (which should be the same address that you use to work on monetization sites that transfer to FaucetPay) on the FaucetPay Site and in your account on this site.

To save your original wallet account address on FaucetPay site, on the main page or Dashboard of your account on FaucetPay site, click on the Linked Addresses option at the top of the page, and in the page that opens, enter your wallet account address and type of coin or digital currency. Then click on the green Link button. In this way, you have been able to save your address on the FaucetPay site, and in the table below, you can see the list of addresses that you have saved and the type of coin or digital currency to which the address belongs.

To withdraw your income, which is available as a balance on the FaucetPay site, you must click on the Withdraw option at the top of the page, and in the relevant form, select the desired coin or currency, and at the bottom, enter the address you want the balance Transfer to it and also enter the amount you want to withdraw and finally click on the Place Withdrawal button. There are two rows of forms in front of you on this page. It is better to use the form on the left called Normal Withdrawal because the fee is lower and it does not take more than 4 hours for the desired amount to be credited to your account.

 

Click Here to Register on FaucetPay Site



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