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⚠️ Risks of Cryptocurrencies

📉 Market & Liquidity Risks

  • Volatility: Prices can swing double-digits within hours.
  • Liquidity droughts: In stress phases spreads widen, slippage increases.
  • Correlation shocks: Assets can move together in downturns.

⚖️ Regulatory & Tax Risks

  • Rule changes: Bans/restrictions can hit exchanges or certain coins.
  • KYC/AML: Access to services may require sensitive data.
  • Tax complexity: Reporting duties vary by country and can be retroactive.

🔐 Security & Custody Risks

  • Key loss: Lost seed = funds gone. No password reset.
  • Phishing & SIM-swap: Fake sites, malicious wallets, SMS hijack.
  • Custodial risk: Exchange hacks or insolvency = counterparty risk.

💻 Technical & Protocol Risks

  • Bugs/exploits: Wallets, bridges, smart contracts can be vulnerable.
  • Network stress: Congestion & fee spikes delay or price-out txs.
  • Reorgs / forks: Rare, but can invalidate recent transactions.

⚙️ Operational Risks

  • Irreversibility: Wrong address or chain = permanent loss.
  • Compatibility: Not every wallet supports every chain/format.
  • Backups: Poor seed storage leads to single points of failure.

🚨 Faucet-Specific Risks

  • Time vs reward: Very small payouts can waste time.
  • Malvertising: Intrusive ads, trackers, or malware risk.
  • Site churn: Faucets can shut down and wipe balances.
  • Ref traps: Pyramids & fake promises to lure sign-ups.
  • Bot bans: False positives can lock accounts and funds.

🧨 Red Flags (Avoid)

  • Guaranteed APYs or “risk-free” returns.
  • “Support” asking for seed/remote access or to “verify” by sending funds.
  • Giveaway doubles, fake airdrops, unsolicited DMs.

🛡️ Practical Security Tips

  • Use a separate email for faucets; enable 2FA (TOTP).
  • Self-custody: Prefer hardware wallets for savings; keep seeds offline.
  • Small test tx before larger withdrawals; verify network & address.
  • Beware of phishing: bookmark official links; check SSL & domain.
  • Withdraw frequently from faucets → FaucetPay → your own wallet.
  • Keep software up-to-date; use a device you trust.
⚠️ Disclaimer: Faucet-list.org explains how cryptocurrency earning works.
We are not liable for losses on any linked sites. Everyone acts at their own risk.

Faucet sites can be unstable, include intrusive ads, or disappear suddenly. Always use a dedicated email and withdraw regularly.