How to Start
Making Claims
You will
need an email address and a computer. You will never need any ID, payment
information, or password information to do a faucet.
This is
perhaps the most important aspect of this experiment. It gives anyone with an
email address the ability to earn/mine crypto, just like Bitcoin miners were
doing some years ago.
In one year
the value of the Bitcoin you have may be 10 times what it is today. It could
also be 10 times less, but at least you don’t lose any money if you “mined”
your Bitcoin from a Bitcoin faucet. In other words, the value of what you hold
may be small today, but the value of cryptos is going up and if the trend
continues, this is a way for you (for everyone) to invest even if you
don’t have the money. If you don’t have access to your own computer, go to a
computer lab or a library. Use your phone. It’s also a great way to hedge
against those dollars in your savings. As the value of cryptocurrencies goes
up, it will be against the dollar.
These are
the steps you will go through at a high level:
Step 1: Sign
up for a Coinpot
MicroWallet. This is a where each
faucet will send your “claim”. When you reach your withdrawal minimum, you will
want to move your crypto currency from your software wallet (CoinPot) to
another wallet.
What is CoinPot?
CoinPot is a cryptocurrency microwallet,
designed to collect and combine faucet pay-outs and earnings which includes
faucet claims, referral commission, dice winnings and survey/offer earnings from
a number of different faucets/sources.
How does CoinPot work?
CoinPot supports multiple currencies: bitcoin, dogecoin
and litecoin initially Withdrawal options include XAPO, Faucet
Hub, Faucet System and direct to your wallet via
the blockchain. (NOTE: Each of these options has different withdrawal
thresholds and some may incur a withdrawal fee)
Other benefits of CoinPot are:
1) Increased security - optional 2FA
2) Instant conversion between your coins
Other benefits of CoinPot are:
1) Increased security - optional 2FA
2) Instant conversion between your coins
Step 2: Sign
up with each of the following faucets faucet below. Each one of these faucets is already connected
to your Coinpot MicroWallet. Sign up with the same email
address and Password you used to sign up for your Coinpot, they are automatically
connected. Play around with each faucet a bit to get a feel for how this works.
Below are the faucets connected to Coinpot Wallet. Click on each and sign up to start earning.
How each of
the above operates is explained in detailed separately. Each faucet has its own
incentive structure. In general there are two different structures. Your goal
is to maximize the claim by paying attention to rewards:
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