To understand Moon Cash, also known as Moon Bitcoin Cash, and all its aspects, we have to understand the basics about what bitcoin is and how bitcoin cash came to be.
Bitcoin cash is a cryptocurrency, which is a fork of the original bitcoin. A fork is an alternative to a cryptocurrency or coin. Bitcoin has many forks, with a few examples being; Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond. Forks can either be compatible with the original coin (soft fork) or not compatible with the initial coin (hard fork).
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Therefore, Bitcoin Cash is a HARD FORK and stemmed from the controversy in bitcoin protocol about BLOCK size. Certain investors of bitcoin determining camps opted for a bigger block size to accommodate more transactions, and others are opting for a solution that excluded increasing the block size.
However, a common fear was that increasing the block size could negatively affect the overall future of the then growing and still growing Bitcoin.
This controversy lasted until the fork BITCOIN CASH was created in 2017, which had a much bigger block size, meaning it could run many more transactions simultaneously without the network's overcrowding.
What is Moon Cash?
moon cash
Moon Cash, in simple terms, is a faucet website. This definition puts the question of "what is a faucet?" on the mind of whoever is reading this article. We would help you understand what the term faucet means and give you reasons as to why you have to join this Bitcoin Cash(BCH) family.
What does a faucet website mean?
In simple terms, a faucet is a website that allows its members to get varying amounts of cryptocurrency within various time frames (5mins, 10mins, and 24hours).
Certain websites have times when you can get free cryptocurrency; this means going to the website multiple times a day and getting free cryptocurrency. This here is a simplified definition of a faucet site.
The name faucet is due to the tap phenomenon or faucet phenomenon. Yes, we made this one up, but it helps create an understanding of the logic. This works the same way a tap works by which a controlled amount of water is let out into a bucket.
Likening this to cryptocurrency would mean that an amount of cryptocurrency (in this case, Bitcoin Cash) is let out and shared amongst the site's registered members.\
However, the amount of cryptocurrency is little, but accumulating these small amounts of cryptocurrency and then withdrawing could get you a pretty decent number of BCH.
Now that we understand the meaning of a faucet site and how the logic behind it works, we can go back to Moon BCH. As mentioned earlier, Moon BCH faucet site lets its members get free BCH multiple times a day. It is one of the many cryptocurrency faucets created, MoonLitecoin, MoonDodgecoin, and MoonDashcoin.
MoonBCH serves as the newest addition to the faucets owned by the company. MoonBCH offers its members various means through which they can get free BCH, and they include;
Through inviting potential members (referring)
It allows the members to get free BCH commissions for every new member (friend, relative, or colleague) they introduce to the website. This means the more people you bring, the more Bitcoin Cash you get. Moon Bitcoin Cash offers a 1% commission for each person referred to. Referring people also give you a 25% lifetime commission (you get a 25% bonus for each claim they make on the site, which has no time limit) on all your friends' claims, and this commission is automatically sent to your coin pot wallet.
Loyalty Commission (Bonus)
MoonBCH gives you 1% when you claim BCH at least once each day (try to claim between 1-3 times a day). This commission is given when you don't make too many claims in a day, encouraging you to accumulate before claiming.
Mining Commission (Bonus)
This allows you mine satoshis (mining means to grow your coins personally. This requires you to use a good computer and the appropriate medium that MoonBCH provides) and gets bonuses in addition to this.
Mystery Commission (Bonus)
This happens randomly in which you get a bonus by Just clicking on the mystery bonus button to see if you have a commission.
Offer Commission (Bonus)
An offer commission allows you to boost the amount of satoshis you get by completing offers on the site's offer wall. This will enable you to get a lot of satoshis as you get bonuses in addition to the satoshis you get for completing the offer. This wall also allows you to access other Moon services such as MoonBitcoin, MoonDashcoin, MoonLitecoin, and MoonDogecoin.
How to use Moon Cash
Every new member of the Moon Bitcoin Cash family is required to have an account with COIN POT. Don't worry. We will explain to you what Coin Pot is. Coin Pot is a micro wallet (a wallet that allows you to store very little bitcoin cash or any other crypto). Why do you need such a wallet?
You can send your earnings to whatever wallet you use, the problem is that the fees for all that transaction would cancel out your payments, and you get nothing. This is while a wallet specially created for such a task is needed, and due to the great partnership between these two companies, you also get a bonus for doing this.
1. Create a Coin Pot account first and then open a Moon Bitcoin Cash account
Goto www.coinpot.co and follow the steps to register, verify your account, and create a good security measure.
2. Sign into Moon Bitcoin Cash
Goto moonbitcoin.cash and sign in using your coin pot email. This automatically links your moon bit account to your coin pot account.
If you register through the Moon Bitcoin portal, you can still access the Moon BCH by clicking on the offers button and scrolling down till you see the Moon VCH offer option, click on it, and get redirected where you can claim free BCH. All you have to do is sign in using your Coin Pot email address.
Claim Free Bitcoin Cash
As soon as you sign into the site, the homepage displays a couple of options out of which you'd click on the faucet. There you will see how long you will have to wait before you can claim your satoshis. You can also see the amount of bitcoin you have in your coin pot wallet. You can even personalize your settings to how you want to get alerts, how long you have to wait, and much more.
Right beside the faucet button is the referrals. Clicking on this lets you get your referral, which you can send to any person you want to introduce to this site, and also shows you the number of referrals you have in the last 30 days.
You also have options like;\
Advertising banners allow you to promote moon bitcoin cash.\
Facebook and Twitter buttons will enable you to quickly share your referral link to your contacts on these platforms.
The next button to the referrals' right is the OFFERS button, which shows you multiple offers to earn even more satoshis.
TAKE NOTE: To enjoy the full benefits of the site, you will need to disable the adblock on your browser (a failure to do so won't let you claim your satoshis, as this site relies on advertising for their clients).
Withdrawing from CoinPot
When you have accumulated just the right amount of bitcoin cash to withdraw, you then get your coin pot dashboard, scroll down to bitcoin cash, click on it, and select the withdrawal option.
The minimum amount of coins you need to accumulate before you can request a withdrawal is 0.0001 BTC. Moon coin in this area is also useful as processing withdrawals and providing members with the quickest payment interval of 48 hours.
Why you should use Moon Cash
- Moon Bitcoin Cash is entirely passive, which means you can do it whenever you want and wherever you want (basically at your convenience).
- You can claim free coins in the smallest time interval possible (5 minutes). Many other faucet sites would require you to wait much longer (let's say an hour) before you can claim coins. Moon Bitcoin Cash allows you to choose how you want to earn, be it in 5 minutes or 24 hours.
- Most sites won't give you bonuses when you make a claim, but Moon Bitcoin Cash does.
- You don't have to come back every hour or 5 minutes to claim as your satoshis accumulate, and you can claim it at the end of the day.
- Fast payout within 48 hours
Want to more earn free coins? You might want to check out our blog post on Moon Bitcoin to get free BTC.
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