Estimated reading time: 5 minutes
Moonliteco.in is a Litecoin faucet whose paying status is not known and is very controversial. This business model is aimed at benefiting the owner as opposed to the investor who thinks that Litecoin can be collected for free on the internet. If you are that person, you should be aware of the fact that there is no single website out there that is giving away free money. And if you ever come across such a website and you fall for it, then rest assured that at some point, you will lose money. Moon Liteco is referring to itself as a ”Free Litecoin faucet. But in reality, all faucets are scams. We have never heard of any Cryptocurrency faucet that issued out payments to users of the site.
Moon Liteco is quite popular according to Alexa. The site is receiving most of its traffic from Iran. That means the anonymous owner is heavily gearing their markets efforts towards Iran. The main thing is that they are anonymous. The promises which they are making are also ridiculous. You can allegedly claim some amount of Litecoin after every 5 or more minutes. The question that we are all asking ourselves is where these Litecoins are coming from. Isn’t it weird to imagine that these funds are being generated out of thin air?
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When visitors land on the Moon Liteco sales page, they encounter a lot of ads which can distract them. The site has a black background which is according to the name of the domain. You have to enter your ”CoinPot” address in order to start receiving free Litecoin. If you do not have a Coinpot address, you will need a Litecoin wallet address. According to this site, free Litecoin can be claimed as many times as one likes. There is no restriction on how many times we can claim free money from this website.
The most interesting thing is that one can even increase the amount they can claim by 300% by taking advantage of daily loyalty bonus, mastery bonus and referral bonus. That promise just proved that Moon Liteco is a too good to be true website. We tested it and found that the site was only encouraging people to click more ads and even to send funds to the anonymous owner once they generated fake Litecoin. Litecoin is not to be delivered to your provided Litecoin wallet until you have paid a certain fee.
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Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.
What this means is that you will have to risk a certain amount of money in order to test whether the anonymous owner will send you the alleged funds. You have to remember that an anonymous site administrator is not obliged to send you the supposed ”Free Litecoin” You are not entitled to ”free Litecoin” for doing nothing. In fact, you should remember that in the real economic real, there is no free money. So you can’t claim Litecoin from nowhere and for doing nothing.
This has to be a scam because once you pay the fee so that your accumulated Litecoin can be sent to your wallet, the anonymous owner will simply keep your money and thank you for funding their course. The scammers are merciless, and they are currently preying on internet randoms who have been overtaken by greed and wild imagination. Moon Liteco is not responsible for paying free Litecoin. Equally, they won’t feel obligated to send coins that do not exist. But they will ask you for a ”mining fee” anyway.
There are so many ads on this site, and it also looks like they are using a browser mining script to consume your CPU’s processing capability. The site does this on the background when you don’t know.
So in addition to collecting fees, they are benefiting when you click ads and also when you keep your browser open on the site. This is creepy and definitely shady. You must never think that a shady website like Moon Liteco can pay you anything. They are not legit. It is as simple as that.
If this thing was legit, guess what? The owner would never hide themselves behind a computer in some part of this world. Running the domain on who.is would reveal their name as well. They would never see the need to hide their identity since straight forward people have nothing to hide.
Unfortunately, the opposite is true for the owner of Moon Liteco. The admin is extremely discrete. It’s like they are very much aware of the fact that they could be traced. Yes, authorities could trace them even if they hide their online identity. However, authorities are less concerned with petty scams. It’s up to you to decide whether or not you want to lose money to these kinds of dirty investment projects. At the end of the day, the owner of the site generates revenue while you lose. They have 3 ways of generating revenue. You only have one chance to decipher whether this is a scam that you should never waste your time and money on.
Moon Liteco is a site you shouldn’t even think twice about. As soon as the landing page loads, just exit it because the site has no realistic business model. The fact of the matter is that this site is designed to benefit the owner and not the poor investor who thinks that faucets are real.
You see, this site is quite popular. That means it is receiving lots of traffic. This traffic is either being converted when they click the ads or mine free Litecoins so that they are requested to pay a mining fee at the end. You have to realize that this is a game you do not want to play. You have better things to do with your investments.
Our best advice for you
We’ve already given you the best advice regarding Moon Liteco. You already know that such a website is dubious. The ball is in your court. You can trade Litecoins instead using these robots.
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