The end of Faucethub?

If you are, as most of us in the market are, a user of Faucethub, then you've surely heard about this already. Faucethub is going through major changes. FaucetHub will be discontinuing the majority of it's services and undergoing a rebranding, as effective from the 10th of this December.

The reason for this is regulation requirements. Crypto has taken off in the last couple of years and made its way into the eyes of regulatory bodies of various top tier countries. These organizations are instructed by their respective countries governments to implement rules and guidelines for all financial companies to enable them to monitor, control, and predict the monetary movement of citizens in the country. For many years crypto was not considered as to how "money" is treated or regulated, which allows us to operate the platform legally without regulation requirement. Unfortunately, this is very soon, no longer the case. This applies to micro wallets, as well.

I strongly recommend you all head over to Faucethub, and read this: [UPDATD 23/11/19] FaucetHub.io - The end of the faucet industry as we know it.

Scary stuff, on so many levels. I've moved everything over to Cointiply, at least I now they are secure for a while more.

Cointiply. The number ONE faucet.

Payza - The online bank and crypto-currency wallet...

I got a bit confused, and amazed, when I got a letter from one of my friends asking me about Payza, I was in the belief everyone and his dog already knew about this online bank.

When it comes to transferring money online there is, in my mind, only one option; Payza. Not only do they accept cash in almost every currency there is, but they also accept Bitcoin and deal with several other cryptos (read about that on the Payza-blog that here).

This payment processor is also excellent for exchange of crypto-currencies or currencies in general. I use it for more and more of my different businesses.

Payza's head of operations is in Montreal, Canada, and they have additional offices in the USA, England, Sweden, India and Bangladesh. With a Payza Personal Account you can send and receive money in over 190 countries worldwide.

No signup or maintenance fees makes it easy to open an account, I personally recommend a personal account for beginners instead of the business one, but that is completely up to the user.