- Joined
- Jan 23, 2016
- Messages
- 2,010
- Reaction score
- 171
- Points
- 150
- Awards
- 1
- Age
- 40
- Location
- Philippines
- BMF Points
- $652
Faucetsystem is a wallet for micropayments, more exactly a wallet where you can receive small payments raging from 1 satoshi to tens of hundreds of satoshi. Unfortunately Faucetsystem only supports two cryptocurrencies wich are Bitcoin and Litecoin so if you are a person who loves all kinds of faucets this is not the right wallet for you. You don't have to register in order to use their wallet, you can simply claim from a faucet hosted by faucetsystem.com and your satoshi will instantly go to the system balance. Once you reach the minimum amount for payment you will receive your satoshi balance in the wallet where you requested to sent.
Faucetsystem doesn't have any deposit or withdraw fees but there is a 1% fee for transactions. The sender of payment will pay 1% fee and the payment receiver will pay 2%. Minimum user threshold is 20.000 satoshi and there is no bitcoin network fee for that. Withdrawals are usually sent within a few hours.
You don't have to send any documents in order to register and use Faucetsystem system wallet and you can use it from anywhere in the world as long as you have an internet connection.
Even though new services with better interfaces and more advantages have been launched, Faucetsystem still remains one of the oldest and best wallet for micropayments on the market. For people who only want to use bitcoin faucets this is perfect because you don't have to worry about anything, you just make your claims every minute/hour, the whole other process being automated. I am no longer using Faucetsystem because now a days new faucets have appeared for all kind of cryptocurrencies like ethereum or Monero, so I need a wallet where I can keep everything together since having multiple wallets would complicate things but I have a friend who can confirm me that they are still working well and paying everyone in time.