Why forums don't pay through faucetpay?

[Hate2Wait]

I am aware of a couple of websites that are paying to Binance pay but I have never experienced it but why are forums not paying directly to faucet pay like Ptc and faucet do which means no fee.

Any idea?

 

[Starmix]

Most website owners knew members like to get payment through US dollars not crypto or faucet pay. Not all like me like crypto related currency. Those who like may opt to like it payment thru crypto or faucet pay but there's none.

 

[fcbetting]

If you want keep forum runing in profit you need adsense program but adsense program pay only USD. Converting USD into some crypto would lose value paying fee and hard would be forum keep runing.

 

[Hate2Wait]

I can understand thanks for answering Fc betting. I hope there will be some way to get paid to faucet pay

 

[cherry123]

i used to wonder same but the replies here I think I get why it is this way it is good then if it will help keep the site running better with adsense

 

[uptrendfinancialsignal]

Forums that are paying in crypto can pay you through your faucetpay account if you like.

 

[Carson20t]

Firstly conversion of Fiat currency to cryptocurrency is such a huge cost on fees for bulk payments unless the owner of the site also earns enough digital assets to cover the monthly expenses on the forum payments. Most forum owners are either in the UK, USA, CANADA and these countries have some serious regulations when purchasing crypto currency from personal funds in those countries.FAucetpay would not be the advised wallet or exchanger because the degree of security is not to that par. In the end, it is advised to use a non-custodial wallet that has a private key that you can save safely for yourself. If it is for non-custodial wallets then Binance is one of them that is still safe to trust to some degree for your cryptocurrency transactions and not storage.So faucetpay is not all that secure for crypto currency transactions and more especially storage.

 

[uptrendfinancialsignal]

Firstly conversion of Fiat currency to cryptocurrency is such a huge cost on fees for bulk payments unless the owner of the site also earns enough digital assets to cover the monthly expenses on the forum payments. Most forum owners are either in the UK, USA, CANADA and these countries have some serious regulations when purchasing crypto currency from personal funds in those countries.FAucetpay would not be the advised wallet or exchanger because the degree of security is not to that par. In the end, it is advised to use a non-custodial wallet that has a private key that you can save safely for yourself. If it is for non-custodial wallets then Binance is one of them that is still safe to trust to some degree for your cryptocurrency transactions and not storage.So faucetpay is not all that secure for crypto currency transactions and more especially storage.

Anybody can receive money on faucetpay , it does not necessarily mean that it should be listed on the forum or any platform because it is just a crypto-currency wallet.

 

[Carson20t]

Anybody can receive money on faucetpay , it does not necessarily mean that it should be listed on the forum or any platform because it is just a crypto-currency wallet.

You are right,i was just building a conversation from the previous comments that have been made that most forums receive there payouts through fiat currency and hence the reason for me to agree with those who said that.I further on stated that it would not be a wise decision for a company(PTP) to get to pay large amounts through facuetpay which has slightly loose security.Thank you.

 

[Hate2Wait]

We can use our faucet pay address to get paid but cannot receive direct payment

 

[eldavis]

Hmmm but using faucetpay is not completely free right? Cause even when the site sends it to your faucetpay wallet address you have to also transfer it back to your normal wallet.

 

[Stardom22]

I think most webmasters have striked a deal with the major online payment processor called PayPal. They entered into a deal with that for maximization of the their profits

 

[Hate2Wait]

I have seen mostly PTC and faucet websites pay through it and if forums can also pay then it will be best

 

[uptrendfinancialsignal]

I have seen mostly PTC and faucet websites pay through it and if forums can also pay then it will be best

You can use faucetpay receive any crypto payment.

 

[Niyi Briggs]

I think that this is an option that should be considered by sites. It would be a viable way to process cryptocurrency payments.

 

[Knowledge Quest]

This is probably because the owner doesn't want to. But I prefer my payments through crypto currency if it is available.

 

[gammarays]

faucetpay wallet was majorly created for satoshis or small bits of crypto tokens in cents. I don't see any use of it if you're receiving payments above $1. Most crypto wallets can receive tokens above $1 including exchange wallets.

 

[Niyi Briggs]

In a situation where the location of the admin has challenges with cryptocurrencies transactions, can't it be used to process payment for members?

faucetpay wallet was majorly created for satoshis or small bits of crypto tokens in cents. I don't see any use of it if you're receiving payments above $1. Most crypto wallets can receive tokens above $1 including exchange wallets.

 

[Hate2Wait]

You can use faucetpay receive any crypto payment.

Yes you are right but I don't see RIF paying crypto at present

 

[AruneBend]

I don't know maybe they have some kind of issues with that most forums pay through PayPal or platfroms like payeer and more I mostly withdraw to PayPal since it's very user friendly