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:
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
- Register at Coinpot
- How to Enter Coinpot
- Coinpot Faucets
- Withdraw Funds From Coinpot
- Coinpot Does Not Open — What to Do
- Coinpot Reviews
What is Coinpot
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.
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:
- Create a cryptocurrency wallet;
- 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
To register for Coinpot, you need:
- Log in to the official site of Coinpot wallet.
- Click "Register".
- Enter the requested data.
- Click "Register".
- 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.
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.
On this step registration is almost completed. The final step will be email confirmation.
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
How to enter Coinpot wallet:
- Log in to the official Coinpot website.
- Click “Sign in”.
- Enter the requested data.
- Click “Sign in”.
- 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.
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".
On this step the entry is almost complete. The final step will be to confirm the IP address by email.
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:
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.
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”.
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.
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:
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 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.
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.
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.
Moon Bitcoin Cash
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.
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.
Payments from Moon Dash are made instantly and directly to your CoinPot account.
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 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 earned money from Coinpot:
- Log in to your Coinpot account.
- Choose a cryptocurrency.
- Click on “View ... summary” (depends on the selected cryptocurrency).
- Select "Withdraw ..." (depends on the selected cryptocurrency).
- Enter the requested data.
- Click "Withdraw"
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).
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”.
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.
As for the minimum withdrawal amounts:
At the time of writing an article (March 2020), funds are withdrawn for all cryptocurrencies without commissions.
Coinpot Does Not Open — What to Do
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:
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:
- Cleaning cookies and browser history.
- Change the browser from which you logged in.
- Change IP address.
- 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.
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.
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.