A crank connection structure includes a crank and a connection pipe. The crank and the connection pipe are connected in a plug-in manner and are rotatable relative to each other. A sealing ring is provided between the crank and the connection pipe. A faucet includes a body and the crank connection structure. The connection pipe is connected to the body. For the crank connection structure and the faucet using the structure, during the installation, only the angle relationship between the crank and the connection pipe needs to be adjusted, and the sealing ring is used for sealing the crank and the connection pipe without requiring raw material belt. The angles between the faucet body and the two cranks can be simultaneously adjusted to be at same level by rotating the faucet body, which abandons the traditional way of separately adjusting the cranks for leveling, achieving faster installation and adjustment.