Buy & Sell crypto-currencies from other users.
Which altcoin should I purchase?
If you are a Faucet Owner or simply want to open a faucet in a new currency then you know which coin you can buy. We don't give any advice on which currency to buy and not to buy, we just provide the means for you to do so. DYOR (do your own research) if you are looking to invest into a specific altcoin.
How do I make a profit through trading?
There is only 1 rule: buy low and sell high. This is always easier said than done, and we do not encourage you to trade for profit. Trading is a risk and you can either lose everything by making a bad move, or you can succeed. As mentioned above, DYOR.
Why can I not set my own buy/sell prices?
This exchange is more of a "coin swap" between users. You place buy and sell orders to indicte your intention to exchange, while waiting for the opposite to come along. This means the amount of coins you recieve by the end of the trade will be different than what you initially asked for.
Making a sell order will always give you the current rate on coinmarketcap.com in BTC worth.
Making a buy order will give you less or more coins, using the same coinmarketcap.com rate.
I placed an order and altcoin X price changed a large amount, what happens to my order?
As mentioned above orders take place at current rate point of sale. If you are waiting for a buy/sell order to be filled and you don't want to get less or pay more for your coins, then cancel your order.
What are the trading minimums?
There are 2 different types of minimums, for buying and selling which changes based on the current price of each altcoin.
|Coin||Buy Minimum||Sell Minimum|
|ETH||0.00009725 ETH||0.00000082 ETH|
|LTC||0.00031762 LTC||0.00000265 LTC|
|DOGE||15.00000000 DOGE||0.12500000 DOGE|
|BCH||0.00005150 BCH||0.00000043 BCH|
|BTX||0.00690496 BTX||0.00005755 BTX|
|BLK||0.20435967 BLK||0.00170300 BLK|
|DASH||0.00012686 DASH||0.00000106 DASH|
|PPC||0.02632387 PPC||0.00021937 PPC|
|XPM||0.06805808 XPM||0.00056716 XPM|
|POT||0.45836516 POT||0.00381971 POT|
Can I buy & sell between altcoins (e.g. DOGE to LTC)?
No, you need to first sell your DOGE to BTC, and then purchase LTC using your earned BTC. It's not prohibited to exchange currencies with other users, however we encourage you to use our exchange. Trading between other users via chat is at your own risk. If you get scammed we will NOT help you!
What is the exchange fee?
The fee for buying is different for whether you are premium or a moderator, see below for more details. There is no fee for selling. If you cancel a buy order before it's filled there is no refund for the fee so keep this in mind when placing an order.
Regular users: 0.5%
Premium users: 0.3%
Moderators users: 0.2%
Can I refund a trade I made in error?
No, there are no refunds on trades. Think first before placing an order.
Exchanges take place at Coinmarketcap.com rates at the point of purchase.
FaucetHub asks all users to abide by the chat rules and policies. This is not to restrict your rights to free speech but to create a pleasant chatting environment for everyone.
Appreciate if someone is helping you. Tip him. Reward users who help you.
Do not ask for chat tips/rains, giveaways, gifts, for people to donate money/coins or anything like that. Also, don't post wallet addresses in chat. You will be chat banned for anything falling in these categories.
No inappropriate language, keep it clean. This stands for FO's and Premium users as well.
Do not spam the chatbox with links. You can post links to other faucets once per hour (NO ref links).
DO NOT PROMOTE "CLOUD MINING", "PONZIES", "MAGIC BITCOIN DOUBLERS". They are all scams and you should stop kidding yourself.
When posting any link do not post short links or any other method to obscure a site's link, always use the full URL.
Promoting referral links in public chat is not allowed. If you do this, you will get chat banned and for every repeating offence the ban duration will get doubled. Instead, what you can do is ask the person you want to send a referral link if you can PM him with a referral link. If he says yes, then PM him. Posting links more than once an hour is considered spam.
Do not make any shady deals or harassment messages in PM to other users.
It's not prohibited to exchange currencies with other users, however we encourage you to use our exchange. Trading between other users via chat is at your own risk. If you get scammed we will NOT help you!
Feel free to be helpful and offer FaucetHub staff members (or any other user) advice but don't exaggerate and tell the staff what to do and/or impersonate as moderator.
Always use the appropriate language for every chat room: English for EN chat room, Russian for the RU and Spanish for the ES one.
Racism/sexism/homophobia or hate towards FaucetHub staff members or other users will simply not be tolerated. Have respect for everyone.
Breaching privacy. To ensure everyone stays safe in FaucetHub no one may share information that can be used to personally identify themselves or others. This may include a photo, full name, wallet/email/postal addresses, phone number, Facebook/Twitter, etc. personal pages or other contact information. If you feel the need to expose yourself to risk, then do it in a PM, without spamming.
Discussion of anything religious, political, about sexual orientation/gender identity or unlawful is not allowed. These topics are divisive and create arguments.
No trolling. That includes (but not limited to): deliberately provoking another user via cynical or sarcastic remarks, baiting others to send an angry or offensive response to you and so on. It is up to a moderator to decide what other behavior is considered trolling.
No general spam. That includes (but not limited to): sending the same message over and over again, pointless messages meant to annoy others and/or posted just to qualify for chat rains, random/meaningless messages, etc.
Do not use capitals. It is not necessary and many users interpret this as yelling or shouting.
If a moderator tells you to refrain from doing something in the chat, please respect the moderator's wish and stop.
Rain Pool aka "rainmaster"
You may have noticed messages like "faucet tipped rainmaster xxxx". These bitcoin satoshi are used to rain on 50 lucky active users every hour. You can increase the pool with /tip rainmaster 100.
Earnings you get from tips and rain are sent to your balance, where you can process a withdraw at any time on the Dashboard. See the FAQ for more information.
Please respect this chat and don't spam just to buy a ticket for the rain pool lottery (RPL). We are going to take action against spam by chat banning for breaking the following rules
- Do not post isolated single-word/phrase posts, such as ‘rain’ ’ticket’ ‘+100’ ‘gl all’ ‘ :) ‘ ‘ . ‘ ‘gl’ or ‘good luck all’. These single posts are not fair to the active players that have been genuinely chatting throughout the hour.
- Do not ask for more rain or for anyone to tip the rainmaster. You can /tip the rainmaster if you want to raise the pot.
- Do not complain or whine about not getting rained on. There are more players that don’t get rained on than there are that do. Don’t worry, you’ll win soon enough!
- Nobody likes a rain leecher. If our mods feel that you are posting for the sole purpose of leeching the rain pool, you will be warned. If you continue the same behaviour, you may be banned.
All amounts are in satoshi (e.g. 0.00000100 should be written as 100)
- /me message - Speak an action message
/tip user amount currency - Tip bitcoin satoshi to another user
/tip rainmaster 100 BTCtips "rainmaster" 100 BTC satoshi
/rain amount numberofusers currency - Make it rain!
/rain 1000 10 BTCrains 1000 BTC satoshi on 10 users
- /pm user message - Send a PM to another user
- /ignore user - Ignore another users chat messages
- /unignore user - Remove a user from the ignore list
- /ignorelist - List users you've ignored