Coinpot.co provides a cryptocurrency microwallet for collecting your cryptocurrency claimed from certain crypto faucets. A microwallet is needed in order to keep all of these small transactions off the blockchain.
A cryptocurrency faucet website gives away a small amount of cryptocurrency in exchange for your spending time on the website.
As mentioned above the faucet owner gives away tiny amounts of crypto in exchange for your attention and time. You are encouraged to visit often to make more claims. These sites will be monetized with many ads and offers that generate enough revenue to offset the cost of giving away crypto.
Who doesn’t like free stuff? Maybe you have more time than money at the moment? A great gateway to the world of cryptocurrency is claiming some free crypto. I wrote this article about Coinpot since their microwallet is easy to use, the terms are fair, and they work with high quality faucets.
That’s it. You are registered and ready to claim some cryptocurrency.
We will go through each faucet below, but you can see a complete list of Coinpot faucets here.
So my overall strategy with faucet claims is to follow a daily schedule. Claim two to three times a day consistently to build up your Daily Loyalty Bonus.
This strategy works very well with the Moon branded faucets. Your next claim amount builds up while you wait. However, the rate of increase slows the longer you wait. So it pay to wait a while in between claims, but not too long.
A lot of the fun is watching your holdings increase in Coinpot. But someday you will want to transfer your crypto out of Coinpot. Check here to see how to withdraw crypto from Coinpot.