Coins, Faucet News, Faucets, Guide

Moon Faucets: 5 Reasons Why Loyalty Bonus Is an Essential (and Effortless) Way to Boost Overall Coinpot Earnings

All “Moon” (Coinpot-Partnered) Faucets have two Multipliers in common: “Mystery” and “LoyaltyBonuses. Whereas “Mystery Bonus” is a random multiplier, potentially doubling every claim, “Loyalty Bonus” is cumulative, – every day a claim is made, the multiplier increases by 1%. Seems insignificant, right? Wrong! Here’s why:

1. Increasing “Loyalty Bonus” does not decrease the chance of hitting a high “Mystery Bonus“.

Although some conspiracy theorists might think that some Dark Faucet Master tweaks the Mystery Bonus to “roll” less as “Loyalty” grows, it’s a mere superstition.

MoonDash faucet claim
MoonDash faucet claim

2. Full “Loyalty Bonus” makes hours count for days and days count for weeks.

A 100% Loyalty Bonus doubles each claim. Have a look at the table below:

Current claim rates for MoonDogecoin
Current claim rates for MoonDogecoin

Visiting MoondogeCoin once every 4 hours yields 0.57 Dogecoin with 0% Loyalty Bonus… and 1.14 Dogecoin with 100% Loyalty Bonus. That’s more than the 1.01 Dogecoin 0%-Loyalty daily claim. Now, a 100% Loyalty Bonus multiplies 1.01 Dogecoin by 2… hence, a user earns 2.02 Doge, while a monthly claim is only 0.10 Doge greater, yet the best part is…

3. Loyalty Bonuses and Mystery Bonuses add up.

Let’s take the aforementioned MoonDash claim example that earned us 0.00002869 Duffs. A previous claim was made a few hours ago, yet the reward almost reached that of a weekly claim!

MoonDash Claim Rates
MoonDash Claim Rates

4. “Loyalty Bonus” is the only Bonus a user can easly control.

Referrals are not easy to find and keep due to Moon Faucets‘ popularity, “Mystery Bonus” is random, while maintaining a consistently high “Loyalty Bonus” is easier than one might think. First of all, Moon Faucets are available on all mobile devices and secondly, a simple “start page” trick eliminates the need to remember going through the boring faucet rotation routine.

In this case, we use Brave Browser as an example (though the same option should exist in every other browser – we simply do not come anywhere near a faucet without Brave and its fantastic ad-blocking system).

This slideshow requires JavaScript.

Open Moonlitecoin, MoonDash, MoonCash, MoonDogecoin, MoonBitcoin
(in separate tabs; optionally one might add other faucets, including Cointiply which has a Loyalty Bonus of its own)…

…and click “use current pages“.

The next time Brave starts up, all faucets will be at the ready (and ad-free).

5. No guarantees, but… some faucets might be forgiving.

Whether due to browser settings, script errors, background processes (sigh), sometimes being five-ten hours late remains unnoticed by some faucets. Although its best to count on the browser’s settings, rather than on luck.

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FAQ: “What is the Minimum Withdrawal Amount from Coinpot”; Withdrawing, Converting and Exchanging Faucet Earnings Overview

coinpot

Minimum faucet earnings withdrawals from Coinpot, per currency (zero-fee), per currency are:

Bitcoin: 0.0001 BTC (0.39 United States Dollar)
Bitcoin Cash: 0.0001 BCH (0.013 United States Dollar)
Dogecoin: 50 DOGE  (0.0997 United States Dollar)
Litecoin: 0.002 LTC (0.11 United States Dollar)
DASH: 0.0002 DASH (0.0166 United States Dollar)

*USD prices relevant as of 09.03.2019

Coinpot Token cannot be withdrawn. Tokens have to be converted to any of the five currencies; otherwise, it holds no value outside Coinpot. 100 Coinpot Tokens roughly equate to 0.01 United States Dollar. 

Contrary to popular belief, the cheapest withdrawal method of Coinpot-partnered faucets is normally Bitcoin Cash (sometimes – DASH); not Dogecoin. Doge remains a popular choice due to the Coin‘s liquidity, minimal trade and transfer fees, stable fiat value and instant transaction times. It must be said, however, that Dogecoin withdrawals from Coinpot take a very long time, as “industry standards” go. The delay is due to Coinpot‘s procedures and the funds never take 48 Hours to arrive (as stated in the Terms). Coinpot Dogecoin Wallet-to-any Dogecoin Wallet transfers normally take 14-24 hours on average.

Tip: Delay in withdrawing Doge (or other currencies) negates the possibility to execute price speculation operations on external exchanges. However, if a hypothetical Dogecoin millionaire feels that the Coin should be sold (or bought, for that matter) right now and the opportunity might be lost due to hours-long transfer… Coinpot Tokens’ stable fiat value and zero-fee instant Doge-Token conversion might save the day. Of course, keeping large amounts of any currency in Coinpot is lunacy. So is using an asset unique to Coinpot for high-value speculative operations.

DMYF recommends storing currencies in real wallets, DMYF does not encourage speculation (or any other form of financial decision-making). Monitoring currency exchange rates and earning a few Tokens or Coins on successful exchanges using funds earned from faucets is merely an educational exercise for an aspiring cryptocurrency day trader. Remember: using micro-earnings to acquire transferrable skills and knowledge is the only real value one must expect to gain from spending time solving captcha.  

Anecdotally, a test DASH transfer to Binance from Coinpot was, to our surprise, instant.

Remember: in a volatile market, currency transaction delays might result in significant losses.

Q: Considering the fact that the minimum Coinpot withdrawal amounts are measured in cents, where can they be sold or exchanged?..

A: If a user intends to sell/purchase currencies, when speaking of selling tiny fractions of coins, exchanges such as Binance should be avoided. Minimum trade amounts, commissions and withdraw fees might leave a seller with dust, – small amounts of coins/tokens left over after a transaction, – that is, if a minimum amount of a currency withdrawn from Coinpot will meet the minimum trade amounts at all. For more information, always refer to the Fees and Limits page of an exchange (e. g. Binance Fee Structure).

A simpler way to sell/exchange faucet earnings is using a converter, such as that offered by LuckyGames, – the site’s internal currency converter allows instant conversion and access to 100+ currencies. Most importantly, any featured currency can be used to purchase another featured currency, while traditionally, even altcoin-focused exchanges (e. g. CoinExchange) offer limited purchasing options (=trading pairs). LuckyGames conveniently offers conversions between any of the 100+ supported currencies at market rates, zero deposit fees and minimal withdrawal fees. Transactions are instant and rates are updated every minute.

exchange btc to doge

In practice, that means that a Coinpot user can withdraw his earnings in Dogecoin and convert them to any popular currency in LuckyGames, since minimum conversion amount for Dogecoin is only 100 Doge. Going through an exchange would imply converting Dogecoin to USD/BTC/ETH/LTC (at best), purchasing a currency (IF being able to meet the minimum transaction amount!)… and then face withdraw fees.

At the moment, LuckyGames supports the following currencies: 0x Protocol, aelf, Aeternity, Ardor, Ark, Augur, Bancor, Basic Attention Token (BAT), Bean Cash, Binance Coin, Bitcoin, Bitcoin ABC (BCH), Bitcoin Diamond, Bitcoin Gold, Bitcoin SV, Bitcore, BitShares, BitTorrent, Blackcoin, BURST, Bytecoin, Cardano, Chainlink, Civic, CLAMs, CloakCoin, Crown, DASH, Decentraland, Decred, DigiByte, Dogecoin, Einsteinium, Electroneum, Emercoin, EOS, Ethereum, Ethereum Classic, Feathercoin, FunFair, Gamecredits, GAS, Gifto, Golem, Groestlcoin, Gulden, Holo, Horizen, HyperCash, ICON, Ignis, ION, Komodo, Lisk, Litecoin, Loopring, Monaco, MonaCoie, Monero, Namecoin, Nano, NAVcoin, Neblio, NEM, NEO, Nexus, Novacoin, NXT, OmiseGO, Ontology, Particle, Peercoin, PIVX, Populous, Potcoin, Pundi X, Qtum, Ravencoin, Reddcoin, Ripple, SALT, Siacoin, Status, STEEM, Steem Dollars, Stellar Lumens, STRATIS, SysCoin, Tether, Tron, TrueUSD, Ubiq, VeChain, Verge, Vericoin, Vertcoin, Viacoin, WAVES, WhiteCoin, Zcash, Zcoin and Zilliqa.

Q: Is it possible to quickly sell Coinpot earnings for fiat (USD, EUR…)?

A: It is becoming easier to sell popular Coins using a variety of methods. BCH, DASH, BTC, Dogecoin and DASH can be sold for fiat (PayPal, Payeer, Skrill, Neteller and many more paying systems). For best rates, it is recommended to have a look at an exchange monitor, which compares best rates available at the moment live. Rates and minimums vary; however, at time of posting, an exemplary sale of Dogecoin for USD (Perfect Money) would be possible even with a minimum of 100 Dogecoin.

sell doge for usdSummary:

Although Coinpot is a legitimate service, withdrawals can take time and thus users do not have immediate access to their earnings. It is recommended to store Coins elsewhere, or take advantage of multiple new services offering low exchange rates. Although Coinpot Faucets offer the chance to earn enough Coins to be able to withdraw earnings multiple times a day, doing so would imply a slight conversion cost. Still, holding Coins on Coinpot account is unwise and faucet users should have a plan how to put their earnings to use.

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Why is Coinpot and its Faucets Running Slowly, Giving “Service Unavailable” Errors, or Freezing?

If you noticed that MoonLitecoin gives out an unexpected error, Coinpot takes a few refreshes to perform conversions, logins or withdrawals and are getting worried… based on prior experience, the hiccups have to do with Coinpot introducing a new function: a cute live “ticker“, showing your faucet income arrive to the dashboard, looking like this:

wy is coinpot slow
A live update on Coinpot.co dashboard
Coinpot paid out 8,5758 Bitcoin 13,3766 Bitcoin Cash 4,308,087 DOGE 128,3472 LTC 30.2074 DASH in the last 7 days
Now, imagine the amount of microtransactions = users’ claims made from seven Coinpot’s partner faucets (ranging from 3 minutes to 15 minutes per user) = which have to be processed by Coinpot‘s servers during maintenance times that result in 8,5758 Bitcoin, 13,3766 Bitcoin Cash, 4,308,087 Dogecoin, 128,3472 Litecoin paid out in last 7 days…

No wonder that during the times the systems are upgraded in users’ favour, once every blue moon, Coinpot slows down, freezes and browsers demonstrate errors such as:..

coinpot service unavailable
Coinpot: service is unavailable
MoonLtecoin 504 Error
and “…MoonLitecoin (504) Gateway Timeout”

DMYF’s subjective opinionL

Coinpot is here for the long run. Even considering our suspicious and ultra-cautious approach to any changes, – remember, – the last major improvement introduced by Coinpot was… the creation of everyone’s favourite Coinpot Tokens.

Whoever Coinpot owners are, whatever interests they follow, they are, as opposed to many others, – the… good guys?

The market we are in considered.

(please, do not disappoint us, Coinpot.co!)

Buying Cryptocurrency, Coins, Electronic Currency, Faucet News, Faucets, Guide, Markets, News, Selling Cryptocurrency, Trends

Coinpot Tokens’ Value: How Many BTC, BCH, Dogecoin, LTC, DASH and… Indian Rupee (INR) 100 Tokens are Worth?

coinpot token logo calculating value of coinpot token against fiat

Today, should you decide to sell your Coinpot Tokens, asking yourself, what’s a Coinpot Token’s value, worth, use or utility…

logo bitcoin black background btc
You can get 0.00000284 Bitcoin (BTC) for 100 Coinpot Tokens (conversion rate: 0.0000000284)
logo of bitcoincash on black background bch
You can get 0.00008810 Bitcoin Cash (BCH) for 100 Coinpot Tokens (conversion rate: 0.0000008810)
dogecoin doge logo on black backgrpund
You can get 5.08194081 Dogecoin for 100 Coinpot Tokens (conversion rate: 0.0508194081)
Litecoin ltc logo on black background
You can get 0.00031486 Litecoin for 100 Coinpot Tokens (conversion rate: 0.0000031480)
DASH logo on black background

You can get 0.00014312 DASH for 100 Coinpot Tokens (conversion rate: 0.0000014312)

Now, what about the fiat value of cryptocurrencies and the corresponding value of Coinpot Tokens at present? Historically, we used to use USD as a universal measure. For a change, we will use… INR.

0.00000284 Bitcoin = 0,696422 INR (₹); ergo 100 Coinpot Tokens are worth 0,696422 INR (₹)
0.00014312 DASH is worth 0.687503 Indian Rupee; ergo 100 Coinpot Tokens 0.687503 Indian Rupee.
5.08194081 Doge is worth 0.680317 Indian Rupee; ergo, 100 Coinpot Tokens = 0.680317 INR
0.00031486 Litecoin converts to 0.695148 INR; ergo, 100 Coinpot Tokens = 0.695148 Indian Rupee
0.00008810 Bitcoin Cash equals 0.694285 INR; ergo, 100 Coinpot Tokens are worth 0.694285 INR.

Evidently, fiat price of a Coinpot Tokens is constant. Problematically, their liquidity is limited to Coinpot.co. Therefore, converting Coinpot Tokens to fiat will encounter a lot of fees?.. No. There is a way to withdraw Coinpot Tokens and convert them to USD paying close to nothing. How? Stay tuned! (spoiler)

P. S. Coinpot Tokens are earned for every action on Coinpot-partnered faucets.

Read more:

Coinpot Faucets: Guide

Guide: Earn & Withdraw 75+ Dogecoin Today

Sources:

Currency rates obtained from:

https://walletinvestor.com 

https://www.curvert.com
https://currencio.co/

Coins, Faucet News, Faucets, Guide

MoonDogecoin Faucet – 99% Mystery Bonus and a Small Hint

MoonDogecoin, a Doge Faucet which accumulates Coins until the next claim (5 minutes minimum, 4 days maximum), also often multiplies your earned Dogecoin by circa 100%.

How much can be earned on MoonDogeCoin with no referrals, no loyalty bonus and 0% Mystery bonus?

How much can be earned on MoonDogeCoin with no referrals, no loyalty bonus and 0% mystery bonus - current claim rates
“IMPORTANT: These claim rates are adjusted automatically depending on a number of factors (including the current Dogecoin/USD exchange rate and revenue received from adverts/donations). So although we are committed to making Moon Dogecoin the highest paying faucet around, there will be times when these amounts go down as well as up.”

Note: 3 Coinpot Tokens are added to every faucet claim!

Proof of a 99% Mystery Bonus Claim:

moondogecoin faucet cliaim 99% mystery bonus double minimum 5-minute claim of free doge

Unline MoonBitCoin, which permits the multiplier of every 5-minute Satoshi claim by up to 500%, MoonDogeCoin‘s multipliers are fully controllable up to 200%.

What is MoonDogeCoin’s Daily Loyalty Bonus

You can now send your faucet earnings TO THE MOON by building up your daily loyalty bonus!

Starting from 26 August 2015 you will earn a % bonus which builds up for every consecutive day that you make at least one faucet claim.
This bonus increases by 1% per day, up to a maximum of 100% (which means your faucet payouts are doubled!!!)
So for example, if you made a claim yesterday and then make another claim today you will get a bonus of 1% on top of your usual claim amount.
If you then claim again tomorrow, your bonus will increase to 2%, then 3% the day after and so on up to 100%. However if you miss a day then your bonus will reset back to 0% and you must build it up again.

So simply make a faucet claim at least once every day and your earnings will ROCKET TO THE MOON!!!

(NOTE: Moon Dogecoin uses UTC dates and times – so these will be used to determine the days that you have made faucet claims)

As far as Referral Bonus, there is a small trick, or hint:

“A referral is considered to be “active” if they have made at least 1 faucet claim in the previous 72 hours”

*hint: notice that a referral is considered active if the user makes a claim once every 72 hours. In theory: ask a few of your friends to visit the faucet every 3 days, making just one claim (1 minute of time)… A 100% Referral Multiplier does not seem astronomically far, does it?

This is not cheating!