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Author Topic: From faucets withdraw dirrect to a paper wallet address  (Read 596 times)
pufy (OP)
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March 03, 2017, 01:42:26 PM
 #1

Hello

I'm just wondering.. for example I'm gonna go fauceting and that faucet site withdraws your coins directly to your wallet address. Is it okay if I register a paper wallet address so that I will save more coins and avoid withdraw fees on web based wallets.

thank you in advance.
xhomerx10
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March 03, 2017, 01:48:52 PM
 #2

Hello

I'm just wondering.. for example I'm gonna go fauceting and that faucet site withdraws your coins directly to your wallet address. Is it okay if I register a paper wallet address so that I will save more coins and avoid withdraw fees on web based wallets.

thank you in advance.

 The fees you will incur have little to do with the wallet and everything to do with the bitcoin network.  A paper wallet will not help you to skirt the fees.

BrewMaster
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March 03, 2017, 03:37:11 PM
 #3

Hello

I'm just wondering.. for example I'm gonna go fauceting and that faucet site withdraws your coins directly to your wallet address. Is it okay if I register a paper wallet address so that I will save more coins and avoid withdraw fees on web based wallets.

thank you in advance.

it is a terrible idea to waste your time on faucets and claiming the dust because it is waste of your time and you can earn a lot more doing literary anything else.

but if you insist, your method should be in reverse!
meaning you should use something like a web wallet that pays the fees. for example Coinbase or Xapo, to receive all these dusts there. and when you reached a considerable amount after 6-12 months (e.g. 0.1BTC) withdraw to your paper wallet.
that way you don't have to worry about all these dust inputs.

There is a FOMO brewing...
Kprawn
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March 03, 2017, 04:00:01 PM
 #4

A paper wallet jam packed full of faucet payouts will accumulate a bunch of dust and this will cost you later, when you sweep that wallet and want

to withdraw it. I liked faucets that was linked to off-chain transactions like Xapo... because you can have 1000's of transactions and you will not

have "dust" accumulating, once you transfer that balance to an address on the Blockchain.  Grin ....Xapo to Xapo would be the best for this.

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mrcash02
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March 03, 2017, 04:35:13 PM
 #5

To avoid the high fees because the small faucet transactions and another little tasks I send the small transactions to my Yobit address. Later, when I have a decent amount of satoshis I transfer it to my wallet address, you can try this too, not necessarily with Yobit account, but with any other site you think it's confortable for you.

 
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jak3
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March 03, 2017, 06:09:02 PM
 #6

faucets are just Dust Payer do not waste your precious time on them. Just think why will someone pay you hourly or in a interval of time for nothing. They are just taking your attendence so their advertisment revenew gets higher and they pays just a little bit of their profit so try new things except  faucetting and advertising, i will advice go for trading
Chivas Regal
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March 04, 2017, 12:22:27 AM
 #7

Not a bad idea really, various faucets payout to services such as coinbox, so the accumulated "dust" won't be as small as you might imagine.

Paper wallets are totally anonymous and they can be passed from one person to another without any transaction fees (other than the cost of handing the actual piece of paper over).

Thanks for the idea.

Pleased to meet you.
wintermeasures
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March 04, 2017, 04:43:22 AM
 #8

Hello

I'm just wondering.. for example I'm gonna go fauceting and that faucet site withdraws your coins directly to your wallet address. Is it okay if I register a paper wallet address so that I will save more coins and avoid withdraw fees on web based wallets.

thank you in advance.
I Don't Suggest You to Waste Your Time On Faucets Because Claiming Free Bitcoins From Faucets Not your Time Worth and There are also many other ways you can use to earn some Bitcoins like you can start posting in this forum or if you own some skills then you can start a Business Online to Offer your Skills and Accept Payments in Bitcoin.........
ethereumhunter
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March 04, 2017, 06:56:36 AM
 #9

Hello

I'm just wondering.. for example I'm gonna go fauceting and that faucet site withdraws your coins directly to your wallet address. Is it okay if I register a paper wallet address so that I will save more coins and avoid withdraw fees on web based wallets.

thank you in advance.
I Don't Suggest You to Waste Your Time On Faucets Because Claiming Free Bitcoins From Faucets Not your Time Worth and There are also many other ways you can use to earn some Bitcoins like you can start posting in this forum or if you own some skills then you can start a Business Online to Offer your Skills and Accept Payments in Bitcoin.........

doing bitcoin faucets for now is not recommended but you can do with altcoin faucet and i don't think how much with the rewards. i think you can do with wallet address from the market so if you collected many coins and you see that the price is increase, you can directly sell it to get your profit.

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pufy (OP)
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March 04, 2017, 08:59:58 AM
 #10

Thanks for the replies guys... i guess none of you is doing fauceting anymore.. yes you are right what they give is just a dust of what is really is... spending weeks or two and i only get cents especially bitcoin faucets.. man.. they get smaller everyday the price of bitcoin rises..... but i just started on the cryptoworld (I wish i could have know bitcoin 8 years ago) therefore what I just can do is fauceting... but I will not stick to it for a long time.. once I gained just enough I will look for more profitable ways...

I'm also doing altcoins... they give a little bit large for now...

I want to join signature campaign but I will have to build my account first ..so... anyways thankyou guys...
it just came out of that idea because i want to save every bit of what I am getting to them so that I can leave fauceting as soon as possible...  Smiley
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