Coinpot: Registration, Input, Reviews, Overview 2020

2 months ago
Coinpot 
Coinpot 

For lovers of earnings on cryptocurrency faucets, it is very important to use a wallet that can handle microtransactions. And Coinpot is one of them. Coinpot wallet positions itself as a service for “temporary” storage of insignificant amounts in cryptocurrency. The site supports the following cryptocurrencies:

  1. Bitcoin
  2. Dogecoin;
  3. Dash
  4. Litecoin
  5. Bitcoin Cash
  6. Coinpot Token (internal service token).
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At the same time, the condition of having an additional wallet, to which coins will be received upon reaching the maximum limit for storage in a micro-wallet, is mandatory.

Being a service responsible for microtransaction processing, the mechanism of Coinpot wallet is different from the mechanism of traditional cryptocurrency wallets.

Coinpot service cooperates with a number of faucets: BitFun, BonusBitcoin, MoonBitcoin, MoonCash, MoonLitecoin, MoonDash, MoonDoge, from which deductions are made to the wallet, and at the same time offers passive mining services.

What is Coinpot

Coinpot Wallet
Coinpot Wallet

Coinpot is a microtransaction service that supports several coins: Bitcoin, Dogecoin, Dashcoin, Litecoin, Bitcoin Cash and Coinpot Token. 

Thanks to the capabilities of this resource, users can generate coins from partner faucets in one place, and withdraw the accumulated savings upon reaching the necessary limit for payments. 

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The reason for creating micro-wallets is that most wallet service providers do not accept small transactions, as network commissions cancel them.

Micro-wallets, on the other hand, interact with a number of faucets, thereby combining micropayments and temporarily storing received coins, at least until a certain limit is reached, which is necessary to open the possibility of sending funds to an address in a traditional crypto wallet. 

The service has been operating since 2018. As for its creators, there is no data on the site on this score. At the same time, before you start working with the Coinpot service, it is recommended, first of all, to read reviews to understand the risks associated with using this resource.

However, if you still want to generate Bitcoin and other cryptocurrencies on your Coinpot.co account, then you need to do the following: 

  1. Create a cryptocurrency wallet;
  2. Create an account at Coinpot.co.

We will talk about how to create a micro wallet on Coinpot.co service.

Coinpot official website.  

Register at Coinpot

How to register at Coinpot
How to register at Coinpot

To register for Coinpot, you need:

  1. Log in to the official site of Coinpot wallet.
  2. Click "Register".
  3. Enter the requested data.
  4. Click "Register".
  5. Confirm registration through a letter in the mail.

The registration process on the service should not cause difficulties. There are only 2 buttons on the home page: “Register” (registration) and “Sign in” (input). The user can start registration no matter which one he clicks on. But a faster way to register is through the “Register” button.

So, after the user has visited the official Coinpot website, click on the “Register” button at the bottom of the home page.

Register at Coinpot
Register at Coinpot

In the window that appears, enter e-mail, a password containing at least 8 characters, and confirm it. Here, the system asks the user to go through the captcha, and agree to the rules of the service by ticking the box opposite.

Register at Coinpot
Register at Coinpot

On this step registration is almost completed. The final step will be email confirmation. 

Register at Coinpot
Register at Coinpot

So, an e-mail with a link to account activation will be sent to the mail indicated in the registration field on the service. We click on it and become the owner of the micro-wallet account. 

How to Enter Coinpot

Login to Coinpot Wallet
Login to Coinpot Wallet

How to enter Coinpot wallet:

  1. Log in to the official Coinpot website.
  2. Click “Sign in”.
  3. Enter the requested data.
  4. Click “Sign in”.
  5. Confirm entry through a letter in the mail (one-time).

To enter the account, click on the “Sign in” button at the bottom of the home page.

Log in to Coinpot
Log in to Coinpot

In the window that appears, enter your email and password. Here, the system asks the user to go through the captcha in order to prove that a real person enters the system. And click "Sign in". 

Log in to Coinpot
Log in to Coinpot

On this step the entry is almost complete. The final step will be to confirm the IP address by email. 

Log in to Coinpot
Log in to Coinpot

This is a new measure that has been introduced in order to increase the level of service security. Thus, Coinpot is trying to protect the account owners in case of unauthorized access to their account. 

So, in the letter delivered to the mail, we confirm the data by clicking on the active link. After that, the system will notify of a successful login and redirect to the workspace page in Coinpot, where the main menu with a list of available cryptocurrencies is presented, as well as sections: 

Multiplier (game "more less"). The principle of the game is to guess the number conceived by the computer, which can be either more than 500 or less. Thus, the probability of winning depends on the desired increase in profit. For example, in case of doubling the delivered funds, the probability of winning is 50/50.
Lottery. Lottery winners are determined randomly. Ticket price is 1 Coinpot token.
Challenge (prizes for activity). This is a simple and interesting way to earn extra bonuses (stars) for activity: attraction of referrals, participation in games, etc. Each month, 25 users with the most stars are awarded cash prizes paid directly in CoinPot tokens.
News. The section contains information about changes and innovations in the operation of the micro-wallet.
Personal account in Coinpot
Personal account in Coinpot

As for cryptocurrencies, both deductions from partner sites and deductions from mining sold through the service are received on Coinpot accounts. 

Thus, Coinpot provides the ability to perform passive mining through a browser. For mining, any of the coins supported by the service can be selected. 

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However, Coinpot tokens, unlike the rest, are generated only through the use of computer computing power.

Note that the internal tokens of the service are presented as a new alternative to traditional cryptocurrencies. To extract them, click on the “View token summary” button in the Coinpot Token coin field and select “Mine tokens”. 

Mining Coinpot Token
Mining Coinpot Token

In a new tab, you need to configure the number of threads and the load on the processor. You have to choose between low, medium, high or very high load, depending on the capabilities of the video card. 

Mining Coinpot Token
Mining Coinpot Token

Coinpot coins can also be obtained by exchanging other cryptocurrencies for a token. 

As noted earlier, the internal tokens of the service are used to participate in the lottery or to convert to other cryptocurrencies. 

For a detailed video review of Coinpot, see the video below:

Coinpot Review

Coinpot Faucets

CoinPot Faucets
CoinPot Faucets

At the time of writing, the output to the Coinpot micro wallet is supported by 7 faucets, including the family of “moon faucets”, BitFun and BonusBitcoin. More details about each of them are below:

BitFun

BitFun Faucet
BitFun Faucet

BitFun is interesting in that in addition to the faucet, it supports other ways of earning. For example, downloading applications, participating in polls, or playing dice. The possibility of obtaining passive income in the form of 50% of deductions from referrals on a lifelong basis is also open. As for the faucet itself, the request for coins can be fulfilled every 3 minutes.

Payments from the service are made to CoinPot wallet.

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A mandatory requirement is to specify the same email address when registering with BitFun as when registering with the micro-wallet provider on the website.

Moon Litecoin

Moon Litecoin Faucet
Moon Litecoin Faucet

The Litecoin collection service is interesting in that it allows users to independently select the coin collection interval. So, the larger the interval - the more coins are credited to the balance. Note that the faucet allows you to earn not Litecoin, but lithos, i.e. a little part of the LTC coin. Payments from the service are made to CoinPot micro-wallet by clicking on the “Go To CoinPot” button. Over the years, Moon Litecoin has earned a good reputation in the crypto world. 

Moon Dogecoin

Moon Dogecoin Faucet
Moon Dogecoin Faucet

The mechanism of the service is identical to the Moon Litecoin’s work. The only difference from the previous faucet is in the cryptocurrency received. In this case, it will be Dogecoin cryptocurrency or Doge coins, or rather, some part of them. 

Moon Dogecoin service is known in the crypto space due to its stable payments.

To get coins, you need to solve a captcha, the number of which depends on the frequency of actions in the system, but not faster than every 5 minutes. 

Payments from the service are made to the Coinpot account, therefore, before you start collecting coins, you need to create an account on the website of the micro-wallet service provider. 

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We advise you to read: Overview of Dogecoin Faucets

Moon Bitcoin Cash

MoonCash Faucet
MoonCash Faucet

The service has been operating since 2018 and provides users with the opportunity to earn Bitcoin Cash (BCH) cryptocurrencies. 

As in previous cases, to get coins you need to solve a captcha. As in previous cases, to get coins you need to solve a captcha. Earnings depend on the frequency of actions in the system, at least every 5 minutes, the maximum is not set. 

Payments from the MoonCash service are made to Coinpot micro-wallet. 

Moon Dash

Moon Dash Faucet
Moon Dash Faucet

The service is a reliable faucet that has consistently paid users since its launch. On Moon Dash, a user can claim DASH coins every 5 minutes. The amount in DASH will grow until the captcha is passed. 

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All that is needed is not to use an active ad blocker.

Payments from Moon Dash are made instantly and directly to your CoinPot account. 

Moon Bitcoin

Moon Bitcoin Faucet
Moon Bitcoin Faucet

As soon as it becomes clear, the cryptocurrency that is accrued in this faucet is Bitcoin. The user can pick up earnings upon the expiration of a 5 minute break between clicks. 

Moon Bitcoin  has been working for about 5 years and all this time, it regularly pays its users for implemented actions on the platform. Payments from MoonBitcoin are made instantly and directly to your CoinPot account. 

BonusBitcoin

Bonus Bitcoin Faucet
Bonus Bitcoin Faucet

BonusBitcoin is one of the oldest and most reputable faucets. Users have the right to request an average of 25 satoshi every 15 minutes. It also has a coin multiplier. 

The Bonus Bitcoin account is connected to Coinpot, which allows you to make instant withdrawals from the faucet website to the micro-wallet account. 

Note that when using one of the faucets, you should not wait for substantial earnings, therefore, for a more effective result, it is better to use all the faucets tied to Coinpot. 

However, it must be added that these services prohibit collecting coins from multiple accounts, use services that hide IP, for example, VPN, as well as ad blockers, for example, AdBlock. Therefore, you must follow these simple rules, Therefore, you must follow these simple rules, and then Coinpot will receive a stable profit, the size of which will depend directly on the activity of the owner of the micro-wallet. 

Withdraw Funds From Coinpot

How to withdraw funds from Coinpot
How to withdraw funds from Coinpot

How to withdraw earned money from Coinpot:

  1. Log in to your Coinpot account.
  2. Choose a cryptocurrency.
  3. Click on “View ... summary” (depends on the selected cryptocurrency).
  4. Select "Withdraw ..." (depends on the selected cryptocurrency).
  5. Enter the requested data.
  6. Click "Withdraw"
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Note that Coinpot does not charge a commission for depositing funds, since it is a service for generating microtransactions.

The commission for withdrawing coins depends on the chosen cryptocurrency and the withdrawal amount.

So, after the entrance to the Coinpot service personal account has been completed, it is necessary to choose a cryptocurrency. We will show the withdrawal process using the example of Bitcoin Core (Bitcoin).

Withdraw funds from CoinPot
Withdraw funds from CoinPot

We fill out the form with the Bitcoin address, the amount of the amount required for withdrawal, and the password. Next, the system will ask you to go through the captcha, after which you should click on “Withdraw”.

Withdraw funds from CoinPot
Withdraw funds from CoinPot

To conduct an application for withdrawal, the operation must be confirmed by clicking on the link in the letter delivered to the user's email.

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Note that it can take up to two days to process the withdrawal, so that funds arrive on time, you should take care of this in advance.

As for the minimum withdrawal amounts:

With Bitcoin withdrawal, 0.0001 BTC.
With the withdrawal of Bitcoin Cash — 0.001 BCH.
With the withdrawal of Litecoin — 0.002 LTC.
When withdrawing Dogecoin — 100 DOGE.
With Dash output, 0.002 DASH.

At the time of writing an article (March 2020), funds are withdrawn for all cryptocurrencies without commissions.

Coinpot Does Not Open — What to Do

CoinPot Wallet Issues
CoinPot Wallet Issues

Due to the growing popularity of the service, and, consequently, the increase in the intensity of coin payments from faucets, users are often faced with a lack of access to personal accounts and, accordingly, to funds.

The popularity of the problem is evidenced by the creation of numerous topics on various forums and sites:

CoinPot does not work
CoinPot does not work
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So, due to the huge flow of microtransactions to service wallets, Coinpot may not work as fast as we would like, so account holders in the system need to be patient and wait for the service or its individual pages to load. 

However, if there are no errors in the site’s operation, then when you enter your personal account nevertheless, problems may arise in the form of a refusal to perform this action. But even if you have to face a similar situation, then you should not panic. The service most likely continues to work in normal mode, and the problem should be sought in the user's personal computer settings. 

So, if, nevertheless, the system blocks access to personal funds on Coinpot, then it is recommended to perform the following actions:

  1. Cleaning cookies and browser history.
  2. Change the browser from which you logged in.
  3. Change IP address.
  4. Use VPN.

As you complete each of the above steps, access to your personal account will most likely be restored,thus, the user will be able to regain control over funds on accounts in the Coinpot service. 

Coinpot Reviews

Coinpot User Reviews
Coinpot User Reviews

As for the service, there are many dissatisfied customers on the Internet who claim that Coinpot is nothing more than a scam.

Judging from numerous reviews, the service does not really value its customers and often refuses to withdraw funds under the pretext of scam on the part of the users themselves. In addition, after such statements to the clients, the support service does not respond to requests from victims to clarify the situation. Thus, Coinpot appropriates borrowed funds, without substantial justification. However, there are situations that after a while, service employees revise their decision and skip other operations related to the withdrawal of funds from accounts. However, one should not hope for a miracle.

Therefore, it is better not to store large amounts on the micro-wallet account, but upon reaching the minimum limit, immediately withdraw them from the system.

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As for directly earning on mining in the service, it is completely unprofitable and instead of user profits, losses are expected in the form of consumed electricity and equipment wear. 

To verify this, the user offers everyone to try mining on the service personally.

Thus, there are mixed opinions on the Internet that do not allow us to draw final conclusions about the integrity of this platform.

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