Coins, Faucet News, Faucets, Featured, Guide, Tokens

Coinpot Token Price – What is a Coinpot Token Worth?

coinpot tokens price how much coinpot tokens value

A possible answer is: Coinpot.co Tokens are worth as much as what cryptocurrencies offered by coinpot.co partnering faucets are worth, divided by average earnings per person. 

Sounds complicated?

The truth is, you do not “earn” anything when you use a faucet. You are paid out a fraction of what the faucet earns for attracting traffic to its sponsors and partners.

If a company advertises using one of the Moon Faucets, it pays the faucet an X amount per number of the times the banner is viewed (or clicked upon, depending on the agreement).

coinpot earnings

The faucet’s profitability correlates with the faucet’s popularity, advert’s relevance to the target audience (ideally measured in clicks), demographics, purchasing power, etc. etc.

It goes without saying that US consumers’ “views” and clicks are worth more than Russian consumers’ “views” and clicks. This does not mean that faucets are nationalist or xenophobic; European or North American companies simply spend more on online advertising and Western users’ online purchasing power is undoubtedly boosted by a historically longer tradition of using credit and debit cards (as well as PayPal) as payment methods online.

Note: imbalance in earnings makes some users risk losing their accounts and earnings) by masking their geolocation (to varying degrees of success). Morality is not our forte, but questions such as “do I need to have referrals to earn big?” and “how much will I earn if I am not from US/EU?” are answered in wide array of DMYF guides.

Subscribe, follow, read, (l)earn. We do not promise to “triple your Bitcoin in 24 hours“, we issue warnings to protect our readers against such scams. If we do claim that faucets are paying out, that $3.50 can be easily earned in one day on Cointiply alone, that Coinpot Tokens could have been used to triple an investment overnight, all statements are supported by personal experience, evidence and have been tried and tested.

It goes without saying that AdBlockers can really hurt a Faucet (hint: want to raise that Cointiply “bar” up? Try disabling your AdBlocker…) according to unconfirmed sources, AdBlockers cut faucets’ revenues by 30%-40%). On the other hand, according to confirmed sources, ads displayed on faucets slow down your device, promote blatant scams and expose a user to malware (countermeasure – a separate sandboxed browser installed on an account without administrative privileges; or on a separate OS altogether… plus staying the hell away from FaucetHub).

“OfferWalls” represent “direct” advertising and referral income and, therefore, offer significant rewards simply because the faucets are paid much more for targeted advertisement (when using an OfferWall you are selling your personal data… Unless, of course, you cheat and sell your puppy’s personal data instead). Cointiply features a very extensive OfferWall, suitable for any taste, however MoonBitcoin actually multiplies your rewards if you complete some offers, so if an OfferWall reward from Cointiply is a one-off payment, an Offer completed on one of the Moon Faucet is a long-term “investment”, potentially multiplying a faucet claim by 100%).

Then, understandably, advertising on a Bitcoin faucet pays more than advertising on a DOGE faucet, or a DASH faucet.

Faucets are predominantly paid in fiat, – “real life” currency. While the faucet pays its users in cryptocurrencies. The faucet will pay out more when cryptocurrencies are cheaper and will cut down payouts when cryptocurrencies are on the rise, – a great time to “faucet” was about a month ago.

Exception: Cointiply pays its users in fiat via cryptocurrency: by making a Cointiply Withdrawal, a user actually buys Bitcoin or Dogeoin (potentially – DASH and ETH in the future).

Naturally, exchange rate affects the cryptocurrency value of Coinpot.co Tokens (remember, – they were introduced during a market dip). When the Tokens first came out, 50 DOGE (minimum Doge amount necessary for withdrawal from a user’s Coinpot account to an external Dogecoin address; whether wallet, exchange, cryptogambling site, etc.) were worth circa 1320 Tokens.

Why?

how much is dogecoin in usd from 29 march 2018 to 22 April 2018 line chart lowest price was less than 0.003 USD per Dogecoin, maximum price was 0.006 USD per Dogecoin
source: CryptoCompare

As this article is published, 50 DOGE can be bought for 3000 Tokens. At time of writing of this article, 50 DOGE is converted to (sold for) roughly 0.30 USD, while about a month ago, they were 50% cheaper.

=(very roughly, based on the DOGEcoin’s current market value), 3000 Tokens – 0.30 USD. However, the value might be different when converting to other currencies and is affected by various fees (non-Coinpot, as Coinpot hardly charges withdrawal fees and, surprisingly, offers conversion between the supported currencies with no fees at all)

The same principle can roughly be applied to DASH, Litecoin, Bitcoin and Bitcoin Cash.

However, should anyone be interested in making the most out of their Coinpot.co Tokens, following has to be taken into consideration:

  • Method of measurement: fluctuation of the Token’s value in terms of cryptocurrencies, or in terms of fiat?
  • Anticipated (or unpredictable) rise or fall of the value of a cryptocurrency
  • (this is speculation, but…) It could be more profitable to exchange the Tokens when the value of the cryptocurrencies is lower, – when when the value bounces back the trade turns out profit.

According to the author’s subjective, unprofessional and current opinion, the five cryptocurrencies offered by Coinpot.co are “core” coins and represent a “safe” bet in terms of long-term holding (as “safe” as the market has to offer), with an added bonus of sporadic price hike Coinpot.co Tokens offer the faucet users more rewards for the time spent “fauceting”.

Flexibility offered by Moon faucets is what makes these faucets the best cryptocurrency faucets on the market and one of the few sources of cryptocurrency micro earnings which are really worth the time even for those who do not have many referrals.

At the moment, faucets might seem like they pay out less than they used to, Tokens give the users an opportunity to mitigate that by simply focusing on faucets which pay out more in terms of the value of the token+the value of the reward (e.g. hitting Bitfun every three minutes equates to a Token a minute, plus the Satoshi earned; hitting Moonlitecoin every five minutes adds 3 Tokens to the base Litoshi earnings).

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