If you're asking Why Coinpot? Well, there's a good number of reasons, but there's a really cool benefit of using Coinpot. It serves as an exchange. Besides the fact that all coins gotten from your different connected faucets are automatically transferred into your wallet, you can also exchange the coins back and forth, between themselves, and by doing so, you can quickly get to the minimum number of needed coins necessary to make a transfer to your main wallet. Talk about playing smart!
There's also the ability to send coins from a different faucet to coinpot, and then exchange it for the equivalent in any coin of choice.
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How does it work?
CoinPot is a type of wallet for digital currencies, known as a micro wallet. These micro wallets are made to only take payments known as faucet payments. Faucet payments are really minute bits of a particular digital currency (crypto).
To get these payments, one needs to make use of a faucet website, where such free coins are offered and then sent to the micro wallet, in this case Coinpot, to be accumulated. Of course the coins are practically free, but not in every sense of it.
To earn on theses faucet browsers, one has to complete some very simple tasks, ranging from taking surveys to watching paid adverts.
Owing to the method of these earnings and how it comes about, it's always advisable to protect yourself against spams and malicious wares before hand. One method would be creating a separate email for the faucet sites, from the one used for the Coinpot wallet.
This is because the faucet sites would definitely bombard the emails they receive with so many spam mails.
Another method would be to invest in a very efficient and reliable anti-virus software before embarking on an faucet endeavors. These faucet sites literally give free coins, and they can't be doing so out of their pockets.
Their primary income and payment outlet would be through paid adverts they run, and barely a good number of them are safe adverts to have running on your system.
So therefore, before running the process and claiming your reward, it's really advisable to have an efficient anti-virus software that will be worth the money.
List of Coinpot faucets
Below are a list of faucets supported on the coinpot wallet, how to sign up and maximize profit gotten from each faucet.
Immediately you activate your coinpot wallet, you can begin linking faucet sites the very same minute. Since there are a variety of options, the earning and payout systems can also differ greatly between faucets.
Currently, Coinpot supports 7 faucets on its platform, and This number may increase in the near future.
Because of the differences in earning speed and percentages, you'll most likely end up gravitating naturally to some sites over others and staying with them. Some of them offer login rewards, while others give incentives on referral. Either way, there are numerous ways to earn a small token.
Of course you won't hit a billion bucks using faucets and micro-wallets, but besides getting something tangible, it's also a good way to get feet wet in the crypto world. It's totally free, and doesn't require a professional; just patience and the right tool, you'll be on your way to a whole vast world of cryptocurrency.
It's not so hard to sign up and get started, it just takes a few steps;
1st Step: Sign up to Coinpot and get your own Micro-wallet:
Your coinpot micro-wallet will automatically store every claimed reward, so long as it is linked to the faucet. When the least amount of coins for withdrawal is reached, you can either choose to keep stacking on the coinpot micro-wallet, till the maximum, or transfer to a different wallet capable of handling bigger transactions.
2nd Step: Sign up on the available faucets.
If you signup using the same email address on both coinpot and the various faucets, then there'll be no need to extra confirmations because it links all of them automatically to the micro-wallet and deposits rewards there.
3rd Step: Maximize your collection from each faucet.
Each of the faucets have their own way of rewarding users, as well as different percentages for even the same task completions. Below we will be looking at the different faucets, and what percentage earnings they have to offer users for completing tasks.
MoonBitcoin
Coin Type: BTC
This faucet has to be most popular on coinpot, having one of the best opportunities too. First of all, it gives payout in BTC. Secondly, it has Five different incentive rewards for clients to claim, and each rewards presents the ability to be multiplied by 2 if you want.
And to crown it up, ot pays a whooping 50% incentive for referrals made. Adding to the generous referral incentive, here's a breakdown of other rewards offered;
There's the Loyalty incentive, and for this reward, you only have to log in daily and claim it, at least once a day. This is by far the easiest and with the real sense of "free".
It is free and has to be done everyday, so any single day missed will return the system back to the default and you'll have to work your way back up to 100% loyalty.
There's the Referral incentives, gotten from each referral made. To utilize this particular reward system to the maximum, refer up to 100 persons and you're good to go. For every individual you reel in, there is a 1% incentive given, that can go all the way to 100% for 100 persons, and this is not included in the 50% commission you'll be receiving for your referral commission (which has no limits --- master P).
There is also the Offer incentive and you just have to complete offers to claim this reward. Each offer constitutes 10% of the total number of offers allowed, per user, so each individual account can only do as much as 10 offers to use up their maximum capacity.
The Mystery reward requires you to simply own an account to earn it mysteriously from time to time.
The Mining incentive is a fairly new medium of earning rewards. You get a 100% incentive for doing your mining on your PC, depending on the hash rate.
Another important point to note while claiming rewards is that, and this is correct about all seven avenues, the amount of claims you make can greatly influence your daily possible claim amount positively.
Let's take for example; say at the current rate for reward claims, if you claim at every interval of 10minutes for 5weeks, you get about 16, 200 satoshi (also assuming there's no referral or extra incentive rewards involved). However, claiming it every 5weeks keeps you at barely 120 satoshi at the same rate.
The trick to getting the most out of this is to make claims every half hour, which is closer to the maximum interval, and not 10 minutes as earlier stated. Most recently, studies on the claim rates reveal that there's no extra incentive for claiming a lot earlier than 25 minutes. But you stand to make less if you wait too longer than 30minutes.
This reward system puts MoonBTC up there as one of the more simple faucets to earn rewards and get to maximum claims a lot faster.
MoonDoge
Coin Type: Dogecoin
This faucet is very similar to MoonBTC, the one major difference is that it pays out in Dogecoin. Here's a breakdown of other rewards offered;
Here, there's the Loyalty incentive that is just like that of MoonBtc, all you'd have to do is login daily and claim the rewards. It is also free and has to be done everyday, so any single day missed will return the system back to the default and you'll have to work your way back up to 100% loyalty.
There is the Referral incentive, and the reward type here is also similar to that of MoonBtc, but instead of the same 50% commission as its sibling, you'll be receiving only half of that -25%- for your referral commissions which also has no limits to it. For every individual you sign up, there is also a 1% incentive that can go all the way to 100%, if you refer up to 100 persons.
The Mystery reward here, is just like it is with the MoonBtc, you just have to be an active member to earn it at any point in time.
To get the most out of this faucet it's best to claim every half-hour. This is also the maximum time interval between earnings here. Most recently, studies on the claim rates reveal that there's no extra incentive for claiming a lot earlier than 25 minutes. But you stand to make less if you wait too longer than 30minutes.
This reward system also puts MoonDoge up there as one of the more simple faucets to earn rewards and get to maximum claims a lot faster.
MoonLitecoin
Coin Type: Litecoin
MoonLitecoin is also similar to the other Moon faucets, especially MoonDash, but it gives reward in Litecoin. Another difference is that it's incentive reward structure needs more claims than the rest, to get to the max.
First of all, there's the Loyalty incentive, and to claim it, is the same as every other faucet in the Moon family. Make a daily claim, and it's all yours. Like all other Moons, it is also free and has to be done everyday, to retain 100% loyalty.
The Referral incentive here is the same as it is with the MoonDoge, and also similar to that of MoonBtc, but instead of 50% commission you'll be receiving 25% for your referrals commission which also has no limits to it. For every individual you sign up, there is also a 1% incentive that can go all the way to 100%, when you refer up to 100 people.
The Mystery reward appears here just like the other Moons, you just have to be an active member to earn it.
To get the most out of this faucet it's best to claim at every 5 minutes interval, or do it 288 times a day, and this stands out MoonLtc and MoonDash as having the highest daily numbers. This reward system also makes the two faucets a tad bit more difficult than the rest of the Moon family.
MoonCash
Coin Type: BTC Cash.
The reward structure for this faucet is like that of its Moon Cousins. To get the best out of the daily rewards you can take any of the steps below, depending on preference and convenience.
The Loyalty incentive still goes down as the easiest of the lot to gain. Make a daily claim, and it's yours. Like that of all other Moons, it is also free and has to be done everyday, to remain at 100% loyalty.
The Referral incentives are given Like other Moon faucets, and likewise, the referral reward on this faucet has a limit of 100 referrals, and a 1% incentive for each of them signing up. Besides that, there's also the 25% referral commission that doesn't have a limiter on it.
There's also the Mystery reward available on this faucet, so you might just earn some Bitcoin cash at random, for doing nothing at all.
To get the most out of this faucet it's best to claim every half-hour. This is also the maximum time interval between earnings here. There's probably no extra incentive for claiming a lot earlier than 25 minutes, but you stand to make less if you wait longer than that.
MoonDash
Coin Type: Dashcoin
The only difference between this and the MoonLtc, is that one pays in Ltc and the other pays in Dash. To claim it, each reward system is also the same;
The Loyalty incentive remains the easiest of the lot, and as always, all you have to do is claim your daily reward without completing any second task. Any day's claim missed will reset the system and you'll have to work your way back up to 100% loyalty so it has to become an everyday ritual to keep consistency.
The system of Referral incentives here is the same as with the MoonLtc, where you earn 25% as your referral commission which has no limits to it. For every individual you sign up, there is also a 1%, per individual, bonus that can only go all the way to 100%. To use the reward system to the maximum, refer up to 100 people and you're good.
And, Yes, Mystery reward is also included here, so at any point you could receive incentives for doing nothing :)
To maximize rewards here, the trick is to claim it whenever you can. At best, you can claim rewards at every 5 minutes interval, or do it 288 times a day.
Bitfun
Coin Type: Bitcoin
Moving off from the Moon family, Bitfun rewards at a more generous rate, pays in Bitcoin and also has zero limit on the claim time for reward. There's also the option of completing offers and game challenges to earn coin reward, but the game option doesn't affect the faucet earning rate.
-Referral bonus: The 50% referral bonus reward system doesn't have any limit, so you can have as many 50% referral commissions as you can manage.
Aiming to make the most of this one would mean making claims at a good 4hours interval. Albeit, there are no loyalty rewards for the longstanding users.
Bonus Bitcoin
Coin Type: Bitcoin
The faucet is a good one, and offers varying rewards. If you keep the ritual of making a daily claim, you'll earn a 5% bonus, after every 3days, for claims and referrals made within those 3days.
-Referral bonus: Just like with Bitfun, the 50% referral commission is limitless and so can be taken continuous advantage of.
If you want to take full advantage of this faucet, make claims as regularly as 15 minutes interval, refer as many people as you can , and also do the above daily to cash in on the 3day loyalty bonuses as well.
Advantages of using Coinpot
-There's usually a very negligible, if at all any, commission charged for stockpiling on and sending money from the coinpot wallet.
-On the platform, users can exchange their claimed crypto to any other one of choice.
-The platform has a good and User-friendly interface to it.
-Payments of stockpiled coins are made within less than 24hours, which is a good time when compared with some other micro-wallets.
-The coinpot token earned on the platform is also exchangeable for the user.
-The platform has a lottery section where users can try their luck at expanding their rewards.
-There are never any hidden terms and conditions, as the management always informs their users of any such changes beforehand.
-There's a Two-way authentication system in place for those who want it. The security on the platform is top-notch and modern.
Disadvantages of using Coinpot
Connecting another faucet, it usually takes quite a while. Most times a step-by-step authentication is needed.
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