Monero (XMR) Faucet List 2020
What are Monero Faucets
What Is Monero ?
Monero (XMR) is a secure, decentralized and fully anonymous currency exchange system in the blockckchain network. XMR uses a specific type of cryptography to ensure that all transactions in the monero system remain 100% anonymous and unrecoverable. In times of intensified surveillance, the monero cryptocurrency becomes more and more needed.
All transactions during the Monero exchange are private, so no one can know what transactions have passed through your Monero wallet. Therefore, no one can find out what was purchased at XMR. Because there is no chance to know the transaction history, it can be concluded that there are no traces leading to specific transactions. There is also a monero wallet in the Android version.
Monero in The Future?
Currently, Monero is in the top twenty ranking of the best cryptocurrencies. Because anonymity and privacy are beginning to play an increasingly important role in the market, Monero gains new supporters every day.
When it comes to privacy-oriented technology, monero can be at the center of attention. Many specialists from technical and fundamental analysis say that its valuation may in the future reach up to 1000 dollars per 1 XMR, because monero adoption is constantly growing.
Competition of Monero
As for cryptocurrencies with transaction anonymity, ZCash (ZEC) is the biggest competitor for Monero. Both Monero and ZCash are in the top twenty best cryptocurrencies and dominate in terms of technology based on privacy and anonymity.
The decisive difference between Zcash and Monero is that the former is not completely anonymous. There is a corresponding private Zaddress to which ZEC Coins are sent immediately after the discovery of the block.
Monero Faucets in General
There are many websites that enable free distribution of Monero cryptocurrencies. There are many sites offering XMR cryptocurrencies in Jackpot games and various lotteries. One of the most popular sites of this type is monerofaucet.info
How To Make Money Online using Monero faucet
On different faucets, the time to get free XMR is different. To start getting free money from faucets you just have to log in.
Each faucet has a reference system that allows you to earn 25% from each user who will take part in XMR lottery.
If you want to make a profit, you should take part in the reference system. However, getting referrals from faucets is relatively difficult because you have to start promoting reference links.
There are many different tools thanks to which you can promote your reference links, such as facebook, twiter or youtube. Another way to promote it is to run your own website in the wordpress system, where you will be sharing reference links.