Microwallets
One of the major ways to earn free crypto for a beginner is faucet farming.
So, crypto earners need microwallet to receive payments from fauceting. This is because not all faucets pay directly.
Microwallet is a service, or a system used for micropayment transactions. It is a micropayment storage where small amount payments are stored before being sent to the user. This system is commonly used by crypto faucet owners because it is easier for them to send micro (small) payment to users and as a user it saves us the fees by storing up small amounts of payment then later withdraw to our personal wallets. Once the withdrawal threshold of a coin is reached, coins are either sent automatically to your linked wallet address or we manually withdraw our coins. Microwallet is a good temporary storage for small amounts of crypto coins earned from faucets. A very popular working microwallet is Faucetpay.io .
A faucet is a reward system of websites or apps that pay in the form of satoshi, which is a nanoBTC or a hundredth of a millionth BTC. In order to claim in faucets, visitors are paid in exchange for completing a captcha or task as described by the website or app. There are also faucets that pay for other cryptocurrencies like dogecoin, litecoin, bitcoincash, ripple and others. Rewards are paid at various predetermined intervals of time. Faucets usually give fractions of a bitcoin, but the amount will typically changes according to the value of bitcoin. In most cases, faucet claims are paid instantly through microwallets.
