CoinPot is free Microwallet which will allow you to receive, send and exchange some of the principal cryptocurrencies in an easy way. This microwallet is associated with some of the best faucets, also it has become the most widely used wallet in the world when it comes to receiving micropayments of cryptocurrencies safely and instantly.
Nowadays, CoinPot is up growing considerably, therefore, most of the people think that this company will be in increase in next years. As a fanatic of cryptocurrencies, I can say that CoinPot will not die and I will tell you why:
- Crypto world is increasing
- CoinPot Microwallet is one of the most used wallets in the world
- CoinPot is updating every few months with new faucets and new rewards
First Steps - Registration?
First of all, you have to register on the official website (coinpot.co). When you are in, you will see the button of "register", click here and fill all the gaps. It is very important that the e-mail you indicate is one that you use often as this e-mail will be the one you must indicate in all the Faucets that work through CoinPot in order to receive your earnings automatically.
Finally, you will receive a confirmation email with a link to activate your account. Since there, you will be ready to use all the features of this microwallet.
Second Step - Faucet Registration??
When you have the new account activated, then you have to register to the faucets. There are seven of them, I recommend you sign up all of them to earn more cryptos. Remember to indicate the correct e-mail, the same as you indicated before.
List of Faucets:
Cryptocurrency Claims Every... Registration
Moon Bitcoin Bitcoin (BTC) 5 minutes Go to the web
Moon Litecoin Litecoin (LTC) 5 minutes Go to the web
Moon Dash DASH 5 minutes Go to the web
Moon Doge DOGE 5 minutes Go to the web
Bit Fun Bitcoin (BTC) 3 minutes Go to the web
Bonus Bitcoin Bitcoin (BTC) 15 minutes Go to the web
Moon Cash Bitcoin Cash 5 minutes Go to the web
How does CoinPot work???
The first thing you will see as soon as you enter your account will be the different cryptocurrencies available with their corresponding wallets. So, you can know the balance you have in each cryptocurrency in an easy way.
CoinPot Main Menu
To access all the available options, you have to click on the "View X Summary" drop-down. For example, if you do it in the Bitcoin wallet you will see the following list:
- Deposit: Here you can make a deposit from another Bitcoin wallet to this.
- Withdraw: Through this menu, you can make a withdrawal to other wallets or exchanges (CoinPayments, Xapo, Coinbase, Binance, etc).
- Convert: Here you can make conversions from one currency to another for free. For example, from Bitcoin to Litecoin.
- Mine: In this section, you have the possibility to mine cryptocurrencies using the power of your CPU.
- View recent: Latest transactions that have occurred within the platform with the selected currency.
What are CoinPot tokens???
The Coinpot tokens are points that you earn passively, you gain this tokens every time you claim the cryptos from the different associated faucets.
- For each claim you make in each of the different faucets: 3 tokens.
- For each claim made by one of your referrals: 1 token.
Subsequently, the Coinpot tokens can be exchanged for the different cryptocurrencies available or spent in the "Lottery" and "Multiplier" sections. You can also save the Coinpot tokens to enter in a "Vip Rewards"
Coinpot Lottery
In this section, you can spend the Coinpot tokens by buying lottery tickets. The prizes are quite succulent and it is not a bad idea to spend some tokens here.
How does it work?
- Each lottery round is drawn on the hour, every hour (UTC time)
- Each ticket costs 1 token (no refunds offered)
- You can buy as many tickets as you like each round (up to your token balance)
- You can use as many free tickets as you like each round
- Your free tickets balance is reset to zero at midnight (UTC) each day. Earn more free tickets daily via the VIP rewards system or win them on the multiplier
- Only bought tickets count towards challenge totals - free tickets do not count
- The total prize fund is equal to 1 token per ticket bought (or free tickets used)
- Winners and runners up are drawn randomly - but you can only win a maximum of 1 prize each round
- There is 1 winner who receives approximately 50% of the total prize fund
- There are 5 runners up who each receive approximately 10% of the total prize fund
CoinPot multiplier
The "multiplier" is another game of chance where you can multiply your tokens up to 1,000 ??
How does it work?
- First, choose whether you want to gamble High or Low. This will determine the range of numbers that you need to roll to win.
- Then choose the multiplier: 2x, 5x, 10x, 20x, 100x or 1000x. The higher the multiplier, the more you can potentially win but will have a smaller win chance.
- Click on your required stake to start the roll - a number will be rolled between 000 and 999 (inclusive)
- Your chosen stake will be deducted from your CoinPot token balance
- If the number rolled falls within the required range then you will win - the prize amount is added to your CoinPot token balance
- If you roll the 3 same digits (e.g. 000, 111, 222 etc) then you will win free lottery tickets
- The number of tickets awarded is equivalent to the stake you used for the multiplier. So for example, if you stake 100 tokens and then roll 777, you will receive 100 tickets!
- Free lottery tickets must be used on the same day that they are won. They will be reset to zero at midnight (UTC)
- There is 0% house edge, which means neither CoinPot nor yourself has any built-in mathematical advantage over the long term
- All rolls are provably fair, which means that we have no way of fixing the outcome
- Click on the AutoRoll settings button to set up automatic rolling
Vip Rewards (recommended)
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.
How does it work?
- Just after midnight (UTC) each day we will calculate your VIP Reward Level based on your current CoinPot tokens balance.
- There are 6 VIP reward levels available - Standard, Bronze, Silver, Gold, Platinum and Diamond. The requirements and rewards for each level are detailed below.
- Once your VIP Reward Level is set, it remains in place for the rest of the day.
- Rewards are paid/credited immediately, once your level has been calculated.
- Daily interest is calculated on your tokens balance at the relevant rate and is rounded down to the nearest token.
- This means that as the Standard level rate is 0.02%, you will NOT receive any interest if your balance is below 5000 tokens.
- Challenge stars count towards the Challenges leaderboard.
- Any free lottery tickets you receive must be used for a Lottery round the same day, or they will expire at midnight!
- Free tokens are rewarded throughout the day for claims from any of our partner faucets.
Reward Levels
Standard
Requirement: Balance of less than 100k tokens 0.02% daily interest paid on your tokens balance (equivalent to 7.57% APY*)
?0 challenge stars
??0 free lottery tickets
??3 tokens per faucet claim
Requirement: Balance of 100k tokens or more 0.04% daily interest paid on your tokens balance (equivalent to 15.72% APY*)
?1 challenge star
??10 free lottery tickets
??4 tokens per faucet claim
Requirement: Balance of 500k tokens or more 0.06% daily interest paid on your tokens balance (equivalent to 24.47% APY*)
?2 challenge stars
??25 free lottery tickets
??4 tokens per faucet claim
Requirement: Balance of 1 million tokens or more 0.08% daily interest paid on your tokens balance (equivalent to 33.89% APY*)
?3 challenge stars
??50 free lottery tickets
??5 tokens per faucet claim
Requirement: Balance of 2.5 million tokens or more 0.10% daily interest paid on your tokens balance (equivalent to 44.03% APY*)
?4 challenge stars
??100 free lottery tickets
??5 tokens per faucet claim
Requirement: Balance of 5 million tokens or more 0.12% daily interest paid on your tokens balance (equivalent to 54.92% APY*)
?5 challenge stars
??250 free lottery tickets
??6 tokens per faucet claim
Multiply your earnings with the challenges??
It is a simple way to earn additional tokens by simply doing the usual tasks: claiming cryptocurrencies at the faucets, playing multiplier and lottery games, etc.
There are three different challenges:
Daily Challenges
In this section, we can find all the challenges that we can do every day.
As you can see, there are five difficulties for each challenge, on each level, you earn the number of tokens and the stars, for example on the level one you will earn 100 tokens and 1 star.
Monthly Challenges
These challenges can be completed every month. When the month is over, this challenge will restart.
All Time Challenges
All Time Challenges are those challenges that can be completed one time without any period of time.
CoinPot Legit or Scam???
If you are wondering if CoinPot is a serious page or is it scam, for now there is no doubt: it pays and it is reality.
Any withdrawals you make to your regular wallet will be received within the terms provided in the terms of service (approximately 48 hours).
Bitcoin
- Minimum withdrawal amount is 0.0001 btc
Bitcoin Cash
- Minimum withdrawal amount is 0.001 bch
Dogecoin
- Minimum withdrawal amount is 50 doge
Litecoin
- Minimum withdrawal amount is 0.005 ltc
Dash
- Minimum withdrawal amount is 0.002 dash
NO FEE for any WITHDRAWAL
Conclusions
In addition to being a very complete and highly recommended microwallet, it is essential if your goal is to work with the best faucets of today. The reason is none other than that they are all associated with it.
In an easy, comfortable and totally free way, you can accumulate small fractions of the main cryptocurrencies and then transfer the balance to your main wallet.
In conclusion, don't hesitate and sign up now to start generating profits in the best CoinPot faucets. Of course, be careful because this is ... very addictive! ??
Disclaimer: re-published post
