The most famous, global faucet is done for! Quickly withdraw all currencies!
Who would have guessed that the notorious portal of thousands of cryptocurrency faucets and billions of users from all over the world would finally end it's glory days? Yes it is quite a shock since 2016 this site has been used to acquire and associate different kinds of crytomies.
Users were able to make money through faucets,mining,dice & roll games and even from other users who generously gifted out bitcoin and other currencies through chat boxes and forums.
(But all this is over in December.)
WHY DID THEY DECIDE TO SHUT DOWN EVERYTHING?
Believe it or not but this was not their decision. They have been forced to shut down by legislation of a government which prohibits them from doing what they've done for years. This is mainly because of the gambling. Legislation in the states is used to change,and this modification has greatly affected FaucetHub. But the big advantage is that their system never was a scam and left many users enough time to withdraw and deposit daily. Also besides gambling it's been hinted that other governments such as the (USA) do not approve of bitcoin earning and wallets not being tracked and want to sue FaucetHub unless they become financial institution which for the creators was the last straw as cryptocurrency is supposed to be free of ownership and control.
WHEN WILL SUCH A WONDERFUL SITE CLOSE?
FaucetHub stated on their site that after shutting down, a complete re-branding with begin.
The former name FaucetHub will be no more and a new project will be created. However there will no longer be gambling,mining,exchange and faucets that give free cryptocurrency. Instead the company will have offerwalls which have you watch advertisements for extremely low satoshi amounts of only bitcoin that will take years to withdraw. There will be no more alt-coins.
Thank you for reading this article! And thank you FaucetHub for creating your amazing platform which has linked and attracted countless nations of people together all for their love of free cryptocurrency. We all owe you a huge thanks as many of us started our cryptocurrency adventure with you. (RIP)