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CoinFaucet Review

Risk Index
1
Scam
CoinFaucet was developed as a gaming website wherein users can earn free Ripples every hour. Ripple is a cryptocurrency, just like Bitcoin.

Is CoinFaucet Regulated?

CoinFaucet was launched in the year 2017 as a faucet dice playing platform. Here earnings depend on the number of times a dice is rolled and the number achieved. It promises earnings up to USD 300 per hour. The site generates revenue from advertisements. However, it was not found anywhere that the site is registered with any regulated authority. Hence, it is a non-regulated entity.

Is It Safe To Invest With CoinFaucet?

As CoinFaucet is an unregistered entity and it also promises high earning potentials with an initial non-refundable 20 XRP (a cryptocurrency), it is quite risky to proceed further with the investment. Also, the only way to contact them is through their Twitter account via the logo of CoinFaucet mentioned on the website.

How To Recover Back Your Lost Money From CoinFaucet?

In case you have been duped of your money by CoinFaucet, funds recovery companies listed with us can help you recover back your money.

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