NOTE: This article is for information purposes only. CoinPot and all its associated Bitcoin faucets have now closed down. If you're looking to earn free Bitcoins visit Freebitcoin and Cointiply.
The web is awash with free bitcoin faucets all claiming to hand out quantities of cryptocurrency to visitors so it is sometimes difficult to know which are genuine and which are fake.
One of the most popular sites out there is Moon Bitcoin, but many people new to the world of crypto faucets want to know if it’s legit or a scam, safe to use or ultimately worth it financially.
Moon Bitcoin has been around for a long time and is connected to the CoinPot microwallet – a free online portal that allows you to gather together small amounts of Satoshi (fractions of bitcoin) into one pot.
CoinPot links a small network of faucets together, including some alt coins as well. To learn more about CoinPot read our review here. Despite CoinPot being relatively new on the scene, having launched in 2017, it has grown hugely in popularity since then.
The simple answer as to whether or not Moon Bitcoin is legitimate is yes, completely. It is one of the most reliable faucets out there and has never been associated with any scam-like or fake behaviour.
Due to its generous bonus system, which includes a browser mining bonus of up to 100%, it is also one of the highest paying faucets around.
The Moon Bitcoin bonus system:
So, this answers the next burning question – is it worth it? In terms if an individual faucet, it most certainly is as you’ll earn far more here than most other faucets.
We’ve already mentioned the browser mining bonus, but you can also earn up to 100% of your claim through each of the following additional bonuses: daily loyalty, referral, offers and a mystery amount that is added to each claim.
It’s worth noting that if you’re interested in browser mining bitcoin then CoinPot offers this facility on all five of the coins it currently supports.
Bear in mind that CoinPot, despite its descriptive adage of microwallet, is not a fully functioning bitcoin wallet.
$10 Of Free Bitcoins
You’ll need to sign up to one of the many free wallets on offer before you can gain access to your coins to either spend or trade.
Coinbase is one of the largest wallet/trading operations around. If you sign up using this link and buy or sell more than $100 of cryptocurrency $10 worth of free bitcoin will be credited to your account.
You will never make your fortune by claiming from individual faucets. That said it is certainly possible to earn a few dollars a week doing so, particularly if you pick the right faucets.
The best way to improve your earnings is to start gathering referrals. You’ll earn a percentage of each of their claims which in Moon Bitcoin’s case is a generous 50%. Completing surveys and offers is another way you can dramatically improve your earnings.
For more details about maximising your earnings, read our guide to earning bitcoins from offers and surveys.
So, as you can see you can be extremely confident that Moon Bitcoin, CoinPot and all the associated faucets are completely legitimate, with many thousands of people using these sites every day and happily get paid.
You will read a few isolated cases of people experiencing problems, but mostly these are from individuals who have abused the rules in some way, such as making multiple claims from different IPs or using VPNs.
If you follow the rules you will find claiming from Moon Bitcoin an enjoyable experience and you’ll be rapidly on your way to gathering your first collection of cryptocurrency.