There are hundreds of free bitcoin faucets out there paying into a range of different microwallets, including the popular CoinPot service.
But as CoinPot is relatively new on the microwallet scene, many people may be asking what are the CoinPot faucets?
CoinPot was launched in July 2017, at which time it served the Moon Bitcoin, Moon Litecoin, Moon Dogecoin, Bit Fun and Bonus Bitcoin faucets.
In November 2011 CoinPot started supporting Dash and Bitcoin Cash, alongside the existing cryptocurrencies, although at his stage there were not faucets actually linked to these currencies.
However, just a week later, Moon Dash was launched enabling users to collect the increasingly popular and valuable coin which has enjoyed record market performance over the course of the year.
And now it has added Moon Bitcoin Cash, which at the time of writing was the fourth most valuable cryptocurrency by market capitalisation.
You can visit our Top Ranked Faucet page to read more about the individual Moon faucets and why they are consistently voted some of the best faucets out there.
Introducing a Dash faucet makes it increasingly likely that a Bitcoin Cash faucet will follow in the not too distant future, but this had not yet materialised at the time of writing.
In case you’re unfamiliar with how CoinPot works here’s a quick explainer: CoinPot enables you to gather coins together from the linked faucets into one pot meaning you can amass a withdrawable amount far quicker. You can read more about CoinPot here.
CoinPot also enables to you to mine each currency using your browser, and features a conversion facility meaning you can swap coins in one currency to another instantaneously. This is very useful if you are just focused on collecting one coin.
The Moon Bitcoin faucet also enables you to mine with your browser, but instead of coin payments your mining time contributes to one of the bonuses you can add to each claim, up to a maximum of 100%.
This is in addition to bonuses you can earn for daily loyalty (up to 100%), completing offers (up to 100%), referrals (up to 100%) and a mystery bonus, up to, yes you guessed, 100%.
As you can see, if you successfully accrue full bonuses the amount you can claim each time you visit the faucet increases dramatically. As an example, 25 Satoshis turns into 150 if all the bonuses hit 100%.
The other advantage of CoinPot and the associated faucets is that everything works seamlessly and reliably together. The faucets pay as they should and have been around for a while, and CoinPot always pays out on time as and when you reach the threshold amount of 15,000 Satoshis.
Not A Scam
Remember, you have to request a payout and then click a confirmation link sent to you via email. Payments are not made automatically. We’ve heard of people accusing the site of being a scam because of this then realising their mistake.
As our previous article explains, CoinPot is definitely not a scam. We have tested all aspects of the system and read many comments from other, independent, users who are all happy with the service.
CoinPot charges 1,000 Satoshi for withdrawals under 50,000 Satoshi. Anything above this is absolutely free and sent to the bitcoin address of your choosing. We recommend Coinbase – from our experience this works seamlessly with CoinPot.
At present, there are six faucets linked to CoinPot but we’re confident that this will increase with the additional of a Bitcoin Cash faucet soon.
So, watch this space!
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