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Thanks for the explanation. This is new to me.  |
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Can you explain why there is the needs for the withdrawal threshold?
I'm trying to find more information about the dust payments but havent found much info. Isnt it better for the user to withdraw earlier and for the faucet to have a higher withdrawal? That way people take less money out.
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Cool graphic. Did you make that yourself?
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Hey I am interested.
Can you give a range of how much you charge?
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xapo is making all out effort to get in first of all, I used them before, there is no problem, except the phone verification, the main advantage of btc is anonymous, but the xapo is killing the advantage with verification...
That! That's kinda ridiculous though, they don't even mention about the verification thingy until you make the account. I think thats the case with most hosted wallet services no? For example, most exchanges and wallets i've signed up for require some sort of document to be able to use. I used blockchain.info before but they seem to be less reliable compared to ~1 yr ago. |
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yeah thats why my faucet is using instant payout to XAPO  www.fand.de.vumari88 can you share how many users use instant pay with xapo versus address? Is it significant?  |
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Are they still giving prizes?
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I am creating a faucet and noticed why some faucets like motherfaucet, moonbitcoin and freebitcoin can pay more to users.
Looks like if you pay to users with the Xapo credit api you can do it via email ( if the user is Xapo user) or address (if user is non-xapo user).
Now Im trying to understand how faucets can pay more if they use Xapo.
Looks like if you pay to a Xapo user there is no fee because it's off blockchain. If you pay a non-Xapo user Xapo returns the miner fee to the faucet owner.
Does this make sense? Can anyone using them say if this is correct?
Yes, if you set up a Xapo faucet whether via the script ( https://github.com/chipshotDEV/FaucetBuilder) or through the APIs ( https://developers.xapo.com/api/#credit-api) there are no associated costs or fees, which allows for faucet owners to payout more to their users. The transactions are also much faster than alternatives; Xapo transactions are instantaneous and non-Xapo transactions are >24 hours. Once you create the faucet, be sure to get your faucet on the Xapo faucet lists! OK i understand. But I'm asking if the fees I save from using Xapo is enough to do bigger pay to my users? I win 30 bits in Bitcoin Zebra now. If miner fees Xapo returns me is ~55 bits every time I pay to an outside wallet this is money I can use for the user. I give him bigger payout, like Zebra gives 30 bits, and I keep 25 bits. Correct? |
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People more interested in xapo faucet since most xapo faucet site offer bigger & instant payout I hate faucet, but xapo faucet might worth my time Same with me  I get my satoshis instantly , which can be used anywhere Can you suggest some of the highest paying xapo faucets? |
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I am creating a faucet and noticed why some faucets like motherfaucet, moonbitcoin and freebitcoin can pay more to users.
Looks like if you pay to users with the Xapo credit api you can do it via email ( if the user is Xapo user) or address (if user is non-xapo user).
Now Im trying to understand how faucets can pay more if they use Xapo.
Looks like if you pay to a Xapo user there is no fee because it's off blockchain. If you pay a non-Xapo user Xapo returns the miner fee to the faucet owner.
Does this make sense? Can anyone using them say if this is correct?
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Can you explain what you did to fix it? I have similar situation..  |
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I wouldnt trust putting password on any service that isnt on the hosted service itself.
Would you put your facebook password in a website that is not facebook? Would you give your bank PIN number to a service that is not your bank?
Proceed with caution. Make sure you have 2FA to be safe before trying it out.
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Nice job. Your faucet is coming together nicely!  |
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Do you know why some of the Xapo faucets pay more? How do they make money paying this much?
For example freebitco.in, moonbit.co.in, motherfaucet?
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Very nice coverage. Thanks for doing this!
I think a lot of btc users dont understand the difference between a prepaid and a real debit card. All the other bitcoin debit cards I've seen require you to sell bitcoins to load the card and usually take 2-4% fee for doing this and have daily limits and delays to load the card with fiat. In my opinoin I do not consider this a debit card, instead it's a prepaid card.
The Xapo card is the only one I've seen that doesnt need you to preload and spends directly.
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Hi mari88 was it easy to create a faucet with Xapo? Can you suggest a place I can learn more to do it?
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Hi guys, I am new to faucets and think they are a good idea to make extra money but I am not very technical. I saw many of the big faucets use Xapo (moonbit, motherfaucet). I found this faucet script that works with them and it explains very well how to add this ( I learned a lot just from the review). The nice thing is it works similar to Faucetbox but you dont need to pay deposit or withdrwal fee and payments are faster. Just wanted to share in case anyone else is in similar situation: https://github.com/chipshotDEV/Faucet-Builder |
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