CoinPot Shutting Down

[Emm]

When CoinPot closed its faucets, it was a big disappointment. Thousands of people ran faucets as a hobby and used CoinPot as a hub. Many popular faucets, including Moon Cash and Bitcoin, are no longer running there. BitFun is also no longer recommending the platform. As a faucet enthusiast, you should be saddened by this decision, but you can still keep running faucets if you switch to another platform.​

CoinPot is a microwallet that stores cryptocurrencies from faucets​

The best thing about CoinPot is that it has a referral program that allows you to earn more coins when you sign up with your friends. This way, you can exchange cryptocurrencies with other CoinPot users and earn even more! You can also multiply and convert your coins. The microwallet also has a nice user interface, so it's a good way to earn more quickly!

To get started, download CoinPot and sign up for a free CoinPot account. There are many faucets you can sign up for. CoinPot supports 7 of them, and this number is likely to grow. Each faucet offers different earning percentages and has different ways to earn. Some faucets even offer login rewards and referral incentives, so you'll have plenty of options to earn!

If you're new to crypto, faucets are a great way to get started. You can create your own microwallet and link it to any faucet. It is easy to use, requires no professional knowledge, and it's free! To make the most of your microwallet, sign up for CoinPot and begin collecting coins! You can even use it to store cryptocurrencies for trading, multiply, and exchange them!​

It allows you to convert cryptocurrencies without fees​

The Coinbase Wallet is a platform that lets you buy and sell cryptocurrencies. You can buy crypto with regular currency and trade it for other coins on the exchange. The prices displayed on the exchange reflect current market prices. You can also convert cryptocurrencies back to cash and withdraw them to a regular bank account. Using the Coinbase Wallet is free, but you will be charged a 1% transaction fee. The fees help Coinbase to operate and improve the service. They also pay miner fees, which are paid to the network for processing transactions.​

It allows you to transfer funds from other faucets to CoinPot​

Essentially, CoinPot is a micro-wallet that stores small amounts of cryptocurrency, such as bitcoin cash, as well as tokens made on dedicated faucets. This micro-wallet allows you to transfer these coins to another wallet, such as your regular one, and it is affiliated with a handful of reputable cryptocurrency faucets. You can transfer your coins from other faucets to CoinPot by simply logging in with the same ID.

CoinPot allows you to transfer funds from other faucets straight into your wallet, which is useful for storing your coins on a centralized account. You can also use it to trade other currencies, and it allows you to withdraw your CoinPot balance to a personal wallet. You can find more information on CoinPot by browsing the website itself. This article will walk you through the process of transferring your coins to and from CoinPot.

After signing up for CoinPot, you can begin earning from their faucets. You must first register at the CoinPot website. Once you have signed up, you must confirm your account via email and password. You must make sure that your email address matches the email address you registered with other faucets. Once you have confirmed your account, you can start using CoinPot.​

 

[Nite]

The reason for Coinpot getting shutdown is lack of time. In January 2021, Coinpot announced that they are gonna be closing their faucets. Those visiting the site might find a message informing about this news. Coinpot actually started as a side project, but it has become more and more time consuming. Specially, the website has to fight against scammers day by day, which was getting harder. The team behind Coinpot do not want to lower the earnings or deactivate the functions of the faucets or coinpot, so they decided to close them for once and for all. It was a big disappointment that Coinpot closed its doors because faucets were a part of cryptocurrency and they were easy to use. What's next is, Coinpot is going to start a new big project, but it won’t be a cryptocurrency faucet. It will be involving some sort of anti- scam mechanism. But for that we have to wait to get more details.