Bitcoin Cash (BCH) has risen to become one of the largest cryptocurrencies in terms of market cap (at the time of writing it was fourth) and now you can grab some for free from the new Moon Bitcoin Cash faucet.
The CoinPot faucet family has firmly established itself as one of the most respected and high-paying faucet groups around, with tens of thousands of people using them every day.
The complete list of faucets paying into the free service is:
This is the CoinPot GUI:
One of the great features of CoinPot, aside from its visually appealing and easy-to-use GUI, is its instant exchange facility.
The means that if you are set on collecting just one coin, say bitcoin cash for example, you can gather coins from all the other faucets and swap then for that coin whenever you want.
As a result, you can reach the threshold withdrawal amount much faster than if you were just claiming from one or two faucets related to that coin.
So, while it’s no longer practically possible to mine bitcoin, bitcoin cash or litecoin using a home computer, unless you participate in browser mining (see below), claiming from free faucets is a quick and easy way to get your first taste of cryptocurrency without any financial outlay or risk.
The other distinct advantage of CoinPot is that you can increase your earnings significantly because of the generous bonus system it offers.
At the time of writing, Moon Cash offered a daily loyalty bonus of up to 100% of your claim (rising by 1% on each consecutive day you claim from the faucet), a referral bonus of up to 100% (1% per referral) and a mystery bonus of up to 100% which is generated randomly.
As you can see, as you start to accrue these bonuses you’ll find your claim amount increasing and often far outstripping the sums available from the majority of free bitcoin faucets that you’ll find on the web.
One further useful function of CoinPot is the browser mining facility, which applies to all the coins it supports, including Bitcoin Cash. This function enables you to harness your spare CPU power to mine coins while you do other stuff.
Here’s a list of the mining pages for each of the CoinPot-supported coins:
Bear in mind that you’ll need to adjust the amount of CPU capacity you apply to mining otherwise your computer will grind to a halt depending on how powerful it is.
The launch of Moon Cash further cements CoinPot’s place in the microwallet sphere. Although a relative newcomer, having launched in June 2017, it is now firmly established as a reliable repository for your coins.
Payouts are consistently made within the stated timeframe on the website and it is clear the owners have a good deal of integrity when it comes to running the microwallet because of the generally positive reviews you’ll find online, including here (see our CoinPot review).
Remember, you’ll need a bitcoin wallet address to transfer your coins to from CoinPot. Coinbase is one of the most popular wallet providers and cryptocurrency exchanges in the world.
Use this link to sign up to Coinbase and buy or sell $100 or more of cryptocurrency and you’ll receive $10 worth of bitcoins for free which will automatically be added to your account.
FOOTNOTE: The growing number of bitcoin forks can be confusing and it would take someone with far more technical knowledge than ourselves to explain the subtle differences between bitcoin and bitcoin cash in this article.
However, one analogy people often use when describing bitcoin cash is that it is far more suited to every day use than bitcoin, which is increasingly seen as a store of value rather than a realistic currency for small transactions.
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