Why Accumulate LTC
There are a number of aspects that still make Litecoin an attractive option, despite the coin having quite a number of haters. Many haters have chosen to base their opinion on what they consider, a lack of development and innovation. Despite the haters, LTC is actually more popular in real terms than many people may realize. Not every project is going to be based on smart contracts, some will have qualities that some may find boring or outdated. Charlie Lee, the founder of Litecoin recently hit 1 million followers on Twitter. The coin has also recently been approved as a form of payment on publicly listed company, Newegg! PayPal also recently announced the incorporation of LTC, as well as BlockFi.
Litecoin was also launched without any ICO, or premine, giving it an ethical edge over many other projects. Launched and perceived in a similar way to Bitcoin, Litecoin also seems to be creating a legacy of longevity. Many projects that were around when LTC launched are now either dead or sitting at the wrong end of the market cap spectrum. Litecoin is still relevant and there are a lot LTC die hards in the Crypto community.
Free Litecoin Is Always welcome
Obviously one of the most common places to earn some free LTC is faucets. Free-Litecoin has been around for quite a while now and is generally one of the higher paying faucets. Balances in excess of 0.05 LTC also earn 8% interest per annum. This is pretty much double what you can receive from Celsius or BlockFi. However, a financial institution is somewhat safer than an online earning site. All things considered, many would rather prefer to withdraw their earnings periodically.
Plenty Of Alternative Options
Free-LTC is another pretty solid faucet that has quite a group of faucets offering quite a decent range of faucets including BTC, BNB and Doge. Both of these faucets can be claimed every hour and are a nice way to earn a little extra LTC on the couch. Swissfaucet is a fairly new earning site that is quite similar to FaucetCrypto, in that there are also PTC ads and offers. Both platforms offer payouts in LTC and the thresholds are very low, making them a firm favorite.
Free Litecoin is quite a user friendly option, since the faucet has no captcha. Simply spin twice and choose the highest spin. You can also watch a video ad for a bonus spin, if you so choose. Users are able to claim from the free spin every hour. Users can also set their payment threshold along with their wallet, meaning that the payment will be automatically sent once the threshold is reached. At this stage, payments are processed once a week on Tuesday.
ES Faucets is another option but I don’t really enjoy this one as earnings are a bit low. On the positive side though, there are multiple faucets you can claim and build up. Video ads, surveys and PTC ads are also available here.
The Best Option
The strongest earning potential lies within Cointiply. Earnings can also be withdrawn in LTC on Cointiply, making it the best option by far. The Cointiply faucet is the highest paying faucet that I have encountered. Claiming daily also generates a 1% bonus, with a cap of 100%! So claiming every day can create a 100% bonus on all of your claims, once you reach 100% and maintain it by claiming daily. There are also multiple earning opportunities on Cointiply, making it the most viable. In dollar or satosh terms, Cointiply is the highest earner hands down, especially if you complete surveys. Doing surveys enables one to cashout quite frequently, since the threshold is only $5!
Time Favors The Faucet Strategy
One can accumulate decent amounts of LTC by utilizing Cointiply on a daily basis. Whether aggressively or modestly utilized, these sites can generate free LTC for Litecoin lovers without dishing out any of their own dollars. Monetize your time on the couch, by downloading apps that can earn you free Crypto. What makes faucets attractive is not the relative dollar amount earned but rather the fact that this is an asset class with tremendous potential upside. The all time low for LTC is $1.15, while the all time high is $410.26!
LTC earnings can also be sent to a Celsius or a BlockFi wallet in order to earn even more LTC in the form of interest. Small amounts from multiple places begins to add up, especially if sent to one wallet. All information is merely informative and not financial advice, or an endorsement of any of the services mentioned. Please do your own research and due diligence.