Is Freebitcoin a scam? Does it pay and will you make money with Freebitcoin?
What is Freebitcoin?
Freebitcoin is a Bitcoin Faucet which offers a game based Bitcoin earning experience unlike many faucets which are actually vehicles for advertising. It has been running since 2013 and is one of the most well-known bitcoin faucets. It’s official website is http://freebitco.in
What is a Bitcoin faucet?
A Bitcoin faucet is a crypto currency mining program which mines Bitcoin crypto currency while you have the site open. You are generally paying for the mined currency by making your computer’s processing power available and from viewing advertising but some programs are absolute scams and are vehicles for phishing activities.
It pays to avoid the new crypto mining programs until they are proven and focus on the well-established. Freebitcoin is one of these and I talked about another In my article Review Cryptotab where I detailed how that program combines its function of being a browser with being a Bitcoin mining program or faucet.
Is Freebitcoin free?
Freebitcoin is free to join. There are no membership fees although there are small fees on withdrawals. Simply join at this site http://freebitco.in, enter your valid email address, choose a password, verify your email and you are in.
How do I earn Bitcoin on Freebitcoin?
Free BTC – Once every hour you will have the chance to win up to $200 in bitcoin in the Roll game. The game is free.
Multiply BTC – Immediately you have your winnings from the Roll you have the option to multiply your winnings. If you are happy to save your Roll winnings there i no compulsion to Multiply but if you like a simple gamble this is a Hi-Lo game where you can decide how much to multiple and if lucky multiply up to x4.75. Please note however you can lose also.
Betting – This is an option where you can bet on the latest events against other Freebitcoin users and win a share of the prize pool if you pick the winner.
Golden Ticket – Golden Tickets are awarded to members taking part in the Multiply or Betting games and one ticket is awarded for every 500 Satoshi or 0.005 Bitcoin. You can also buy a Golden Ticket for 25,000 Satoshi for the chance of winning big prizes.
Earn BTC – For those who prefer not to play games of chance Freebitcoin also offers interest on all balance held in your Freebitcoin account with a minimum of 30,000 Satoshi or 0.003 Bitcoin.
Lottery – 2 free lottery tickets are awarded for every Free BTC roll you play and you also receive lottery tickets for your referral’s rolls. You can also receive lottery tickets from the Multiply BTC game.
Does Freebitcoin pay?
Freebitcoin has a good record of paying. All you need is a Bitcoin wallet. I use Coinbase and Blockchain but there are others. Sign up for your BTC wallet before you join and enter your BTC wallet address in your profile.
You can withdraw provided you have a minimum balance of 30,000 Satoshi or 0.0003BTC and there are three payment options, Auto, Slow or Instant. Different fees apply depending on the method.
Freebitcoin is a reliable paying program and especially if you enjoy games you will enjoy earning with Freebitcoin.