Skip to content

News & Updates Keep up to date with the site

It's here at last, Monero [XMR]!

Jul 068:33 pm
  • 1530909209

It's finally here, ladies and gents. Monero is now available on FaucetHub for both FOs and users! There's a few things to say about it before you dive in which are quite important.

Monero is a different type of coin to traditional coins, therefore some things work a bit differently. The first thing is that Monero offers complete blockchain privacy for transactions and addresses. This is completely different compared to Bitcoin's open blockchain design.

About making deposits
After you generate your deposit address you will be given 2 ways to deposit. The first way is a traditional address, however this address is a new format called a sub-address (starts with 8). These addresses were launched in an update last year, however many places and exchanges still don't accept sub-addresses. The official Monero GUI wallet will of course accept them.

The other way to deposit is a more traditional method of address + payment ID. The payment ID is important. If it's not included in the transaction then the deposit will not arrive in your account! Most exchanges and web wallets allow for you to provide a payment ID.

About making a withdraw
When you make a withdraw or link your XMR address, we currently only support the traditional XMR address and sub address. This means that you cannot make withdraws to Monero Integrated Addresses or places which require a Payment ID. For this reason we suggest using either a web wallet or the official Monero GUI wallet to receive your withdraws. If you send a withdraw to a place which requires a Payment ID you will lose the coins, so please make sure.

About the withdraw fee...
So, this is the bad bit which you won't enjoy hearing. Due to Monero's design the transactions are very large. This results in a higher fee per transactions than other coins. In order for us to maintain and sustain a Monero service we are forced to have high fees on Monero withdraws for both users and FOs. Because Monero offers complete privacy we hope that you understand that "you get what you pay for" when using it. It was simply not designed for any form of micro transaction. Despite this the addition of Monero on a micro-transaction platform will hopefully open it up to a new userbase.

XMR is considered in beta and may have some issues which are unforeseen due to the different design. Please open a ticket if you run into any issues.

Comments

Please do not spam referral links. You will be banned.

You must be logged in to comment!

noway - 10 days ago

Thanks alot, waiting for ripple too ;)
Reply

megadumpload.com - 10 days ago

Hugzzz mexi, thanks for this update. We have awaited Monero with anticipation and it is good to finally see it included in the platform. Two new cryptos within a few days = pure bliss :)
Reply

tigrinho33 - 10 days ago

I was very happy with the opportunities to be able to have new coins here, this proves that you are working with seriousness and are very competent, cpm everyone in the users giving new opiçois to work, thanks
Reply

raspberry73 - 4 days ago


Hello, it's great news that you add new coins, thank you respect the admins. If there is a possibility, add karbovanec please, not a bad coin.
Reply

perwirairfandi - 8 days ago

giveaway
Reply


rebih - 8 days ago

thank you
Reply

sugarfix - 9 days ago

Can we have a coin that doesn't take 3 years of fauceting before we can afford the transaction fee please?
Reply

icharamdhani - 9 days ago

thanks mexi
Reply

chrisman - 9 days ago

Great news, keep bringing in newcomers!
Reply

ernani - 9 days ago

Help: freebitcoin.win demands a address no longer than 95 chars and starting with "8", a new format. How to solve this?
Reply

floweramore888 - 9 days ago

Good
Reply

coinpapa - 9 days ago

i like it
Reply

saud31 - 9 days ago

Faucethub very good news thanx for faucethub
Reply

saud31 - 9 days ago

Good news
Reply

may2k8 - 9 days ago

that was good news :)
Reply

gabtycoon - 9 days ago

Please I need link for this: XMR web wallet or the official Monero GUI wallet
Reply

dengpau - 9 days ago

Thanks
Reply

kinser07 - 9 days ago

Thanks for adding. Which wallet would be the best for this
Reply

alexxtv - 10 days ago

I know it ^^ nice Admin. Very very nice....
Reply

alenlena - 10 days ago

Good day!
Reply

winalyn03 - 10 days ago

Nice
Reply

sergio2106 - 10 days ago

all clear
Reply

vian_pratama04 - 10 days ago

Good
Reply

rd241202 - 10 days ago

uhhuuuuuuu, good
Reply

vpparada - 10 days ago

great new
Reply

vitalii1984 - 10 days ago

COOOOOOOOOOOOOOOL/////////////TY ADMIN
Reply

petersbits - 10 days ago

It´s perfect!
Reply

denko - 10 days ago

masden junaidi
Reply

taipyogi - 10 days ago

Ok
Reply

cryptocat - 10 days ago

thanks
Reply

maouhoub7 - 10 days ago

That's good
Reply

hubmohgo - 10 days ago

A good step. but there are some things not cool like deposit and withdrawal
Reply

hubmohgo - 10 days ago

a good step. but there are has some things not cool like deposit andwithdrawal
Reply

mhmd27 - 10 days ago

i love it
Reply

headshooter - 10 days ago

Thanks a llot to FaucetHub Team for providing us with several options and for adding this interesting coin to the site... i´ll sure Enjoy it..
Reply

antxxx - 10 days ago

In last post i think XMR , and true, are good coin!
Reply

bitcoinrotator.in - 10 days ago

Very nice, I knew it would come
Reply

matlambo - 10 days ago

The Best!!
Reply

gms258 - 10 days ago

legallllllllllll
Reply

hitman72 - 10 days ago

Nice one been mining monero so good to see it here
Reply

xxyz23 - 10 days ago

Fantastic XMR, good luck to all
Reply

crypto_werries - 10 days ago

Fantastic work here admin. Was waiting for this a while... You are doing great things since the games are gone indeed. Love it :D
Reply

glaxo23 - 10 days ago

its cool
Reply