CoinPot Microwallet: Instant Payment Cryptocurrency Faucet?
What Is CoinPot Microwallet?
The platform is a new cryptocurrency microwallet that is designed to help store many of the larger cryptocurrencies like Bitcoin, Dash, and Litecoin. You can register at the company website and download the company whitepaper. Other than that, the company is also a payout system that goes every 7 days.
How CoinPot Microwallet Instant Payment Crypto Faucet Works?
The partners of the company are high-paying faucets, the companies are like Bit Fun, Moon Dash, Lite Coin, and Moon BCH among a couple other kinds. Each of them has similar payout systems like 25-50% referral commissions for bringing people into the system and getting them paid out into your coin wallet. The faucet is said to be designed to pay you out when you want to claim your money.
The withdraws are usually free, and you can send your coins from a micro-wallet to your main wallet, but with Coinbase you won’t pay any fees when you want to take money out from CoinPot.
Apparently, the website is considered to be completely legit, but it just started a few weeks ago. They may be starting out legit, but like many of the other websites that are similar, are actually not scams in the long run. Most faucets in the long run end up being complete scams. It’s unfortunate, but it’s the norm of the industry. And it’s how a lot of people are getting completely ripped off.
Basically, consider the company a very high-risk website that you use at your own risk, I myself would not get involved with Coin Pot because like many of the other similar websites, it just seams to dangerous.
CoinPot Microwallet ICO Details
Who Is Behind CoinPot?
Like other similar platforms, Coin Pot has no information about the team on the website. And that is a red flag for any company. Honesty and transparency are two things that a company must have if they want to be trusted. And as far as Coin Pot goes, they have neither. Again, consider Coin Pot a very high-risk investment platform.
CoinPot Microwallet Conclusion
If you’re looking for a high-risk investment platform, then Coin Pot is not it. Instead, look for a legit website that you can use to make real investments that will grow long-term. Stay away from companies that promise something for nothing or the ability to make a lot of money in a very short time without the need of experience or any work put in. Also, the fact that Coin Pot has no information about the team or the company headquarters which makes them a high-risk investment company.