Freedoge altogether took around 30 minutes from the moment the request was submitted to the moment the funds landed in an external wallet.
Minimum Withdrawal Amount: 50 Doge
Transaction Times: From 30 Minutes
Approval: Automatic
Email Confirmation: No
2FA (extra layer of security): No
Fees: 0.25 Doge
Minimum Withdrawal Amount: The Equivalent of 5$ (in Dogecoin)
Transaction Times: Circa 24 Hours
Approval: Manual
Email Confirmation: Yes
2FA (extra layer of security): No
Fees: 0
Notes:
*Manual Approval can be a good thing (if there are security concerns), or a bad thing (if the faucet administration decided to not like you).
* 2FA/Confirmation is a good thing, – you do not want your funds withdrawn by someone who guessed your password.
* There is no reason for you to keep your earnings with a Faucet, unless you want to have an option of instant withdrawal at hand (e. g. always keeping a safetynet amount which allows you to forget about the minimums; thus avoiding a situation where, say, 25 Doge get “stuck”), or a Faucet incentivises you to do so (e. g. by offering an interest rate, like FreeBitcoin, or a risky 90-day “investment” scheme, like Cointiply). Until the funds are in your wallet, they are not yours.
* Choose a wallet wisely, pick a strong password, maintain paper backups, use a secure browser, enable every security feature there is.
* HODLing cryptocurrency is risky; do the necessary research before picking a currency to “save”; beware of price fluctuations.
* Coinpot is not a wallet, it is a faucet income aggregator. Do not hold funds in your Coinpot account.
* Be honest with yourself: faucet income will not make you rich. Since the amounts are minor, DMYF philosophy implies that faucet earnings should always “work”. However, that is our philosophy and, since we are a non-profit project, testing various services is our mission, – let us do the risking first. Learn from our mistakes.
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