Re: [ANN] Xapo Faucet API- more benefits, zero fees for deposits and withdrawals
Were happy to announce a new upgrade to Xapos credit API - an API for faucet owners.
How is Xapo different from other faucet scripts?
What this means for users:
Next steps?
Link to get started: developers.xapo.com
Examples of faucets using Xapo:
-Moonbit.co.in
-Freebitco.in
-faucet.bitcoinzebra.com
-bitcoinaliens.com
We'd love to hear your feedback! Please send questions to faucets@xapo.com
How is Xapo different from other faucet scripts?
- Free for faucet owner and user. No commissions for deposits or withdrawals. All miner fees are reimbursed to the sender so faucets can keep this fee or give a discount to users.
- Transactions to Xapo addresses will be credited immediately with no wait time, minimum 1 satoshi.
- Transactions to non-Xapo wallets accumulate to a minimum 55 bits and can be sent as soon as the user hits this threshold.
- Transactions to non-Xapo addresses are processed in less than 24 hrs, not a few days.
- Refunds - If a user does not claim the bits you send them, they are returned to your wallet within 10 days. This will help prevent lost bits from disappearing into the network.
- Manage multiple faucets from one wallet and give permissions to different colleagues to transfer and/or approve transactions.
- Dynamic addresses - Sending address changes every transaction so no one can look at your funds in the blockchain.
- API based instead of script based.
What this means for users:
- Users can claim with a wallet address or email
- Funds to a Xapo wallet are immediate
- Funds to a non-Xapo wallet can accumulate with any service that uses Xapo
- Multi-sig wallet
- Convenient access to deep cold storage - Xapo Vault.
- All free
Next steps?
- Create a Xapo wallet if you dont already have one
- Sign in on Xapos developer page (sign in button is on the top right)
- Create API keys for your faucet
Link to get started: developers.xapo.com
Examples of faucets using Xapo:
-Moonbit.co.in
-Freebitco.in
-faucet.bitcoinzebra.com
-bitcoinaliens.com
We'd love to hear your feedback! Please send questions to faucets@xapo.com
woah, how do you claim it? basically if someone sends me some coins and i dont touch them for 10 days, then it will be refunded?
as far as i know, bitcoin is made not to be reversible, this is actually against the principle of bitcoin itself
The refund claims work when you first send bits to a new Xapo user's email. Within that 10 day timeframe they will get emails at the 5 and 7 day mark. If by the 10th day the bits arent claimed they are returned to the sender.
However, if the user already has a Xapo wallet the payments are sent directly and there's no way to reverse.