FreeBitco.in is an online Bitcoin faucet that enables investors the ability to earn bitcoins and participate in weekly lottery drawings. Individuals who are looking to generate additional Satoshi and Bitcoin earnings are able solve captchas in order to accrue these earnings. While the site doesn’t rely upon initial deposits to be performed by new registered users, members are able to deposit Satoshi into their platform to generate interest on their deposits.
Hosting their platform to over 10 million registered users is quite an impressive feat. Naturally the success of FreeBitcoin has made them a target to speculative accusations and ridicule. Despite the allegations pending against some of Free Bitcoin’s features we will take a neutral yet practical approach while laying out the facts for you to decide whether this platform is one that is worth your time or not.
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What is FreeBitco.in?
Free Bitcoin is not a Bitcoin mining, investment or generating operation like we have grown accustomed to crossing paths with. Instead, their platform is an online Bitcoin faucet that features games, weekly lotteries and the ability to earn bitcoins every hour. Since their inception in late 2013, FreeBitco.in has grown their operation into a Bitcoin destination that supports more than 10.5 million users, has shelled out over 130,000 in Bitcoin earnings and has amassed over 100 million visitors each month.
What does FreeBitco.in Offer?
FreeBitco.in is mostly known for their faucet based operational model where registered users solve and complete captchas in order to generate satoshi which they can later turn into Bitcoin. Perhaps equally as popular but often the subject of ridicule would be their gambling and lottery platform where users are able to cash in their satoshi earnings or free tickets in the attempts of multiplying their risked amount.
Featuring provably fair hi-lo games, a generous referral program along with providing an outlet to amass satoshi earnings to later convert to Bitcoin has enabled this platform to acquire millions of users over the past few years. As of December 7th, 2017, the site claims to have over 58.6 billion games played on their platform while dishing out thousands of bitcoins to winners and those who converted their satoshi earnings to bitcoins.
Red Flags and Complaints
While the odds portrayed on the site seem promising regarding these gambling like features, community feedback has been quite negative and outspoken regarding their experience. For instance, some of the lottery games featured at FreeBitco.in claim to provide the user with a 47.5% percent chance of winning while some consumer reports have been found to report 20 to 30 consecutive losses on some of those gambling games offered on the site.
On the contrary though, very little adverse feedback can be found in regards to registered users not being able to earn satoshi or withdraw their earnings through the platform. Which is saying quite a bit since this platform is home to millions of users who are earning endless sums of satoshi every hour or taking their chances and winning big in the weekly lottery or jackpot games.
Analyzing the Facts
FreeBitco.in is one of the few legitimate cryptocurrency sites that doesn’t require an initial deposit to join their platform. Users who register through their site are able to generate 3,500 satoshi in earnings every hour for an unlimited duration of time. Even though the earning ceiling is considerably low through their platform, members are able to spend their earnings and utilize free tickets in the attempts to accrue more earnings through jackpot drawings.
Used by over 10 million users it is hard to argue the legitimacy of this operation. While negative complaints continue to surface regarding their lottery based game it is becoming apparent that perhaps their lottery games aren’t the best avenue to invest your earnings through. Our two cents on the matter would be to utilize your time wisely and solely accrue as many satoshi as you can in a fixed time frame and stay consistent with their platform. The satoshi earnings will amass overtime and allow you to generate a good sum of Bitcoin earnings.
Can FreeBitcoin be Trusted?
FreeBitco.in is a trustworthy operation and we recommend their platform to any individual who has extra time to spare in order to accrue additional earnings. It should be noted that since this is a Bitcoin faucet and that the completion of captchas will be required that you should have a solid anti-malware system downloaded on your computer to help prevent any possible computer viruses from inhabiting your processing system.
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Popularity
FreeBitco.in is a popular Bitcoin destination that reflects a SimilarWeb global rank of 1,904 during the time of writing this review (December 2017). On average the website receives over 100 million visitors per month and has been growing exponentially over the past 6 months. The site is ranked #2 among all Lottery sites and is most popular in Russia. Other countries where FreeBitcoin is popular include Ukraine, Brazil, India and Venezuela.
We expect FreeBitco.in to continue in growth as Bitcoin and other cryptocurrencies become more reputable, understood and sought after.
FreeBitco.in Review Conclusion
Not often are we confronted with a legitimate earning opportunity in the cryptocurrency domain. FreeBitco.in is a reputable online platform used by million of individuals looking to earn additional satoshi and Bitcoin earnings. While the payouts may not be that high, those of you who have extra time of your hands can greatly benefit by amassing your earnings over time.
Do you agree with Tim’s conclusion? Please feel free to share any thoughts, experiences or feedback you may possess regarding Free Bitcoin by leaving a comment below.
For those of you seeking more serious money making opportunities, feel free to visit our Cryptocurrency Investment guide.
that’s site’s a joke after all
This site is legit i initally deposited 500k satoshi and quadrupled it within an hour with the multiply game. and for every 1k satoshi gambled in the game you get 1 reward point and 1 lottery ticket. the rewards points can be used for bonuses and there are three bonuses for lottery tickets, satoshi from the free roll, and rewards points. you also get more bonus base satoshi per roll when you gamble alot in the multiply game. This site is legit i use it for some quick cash every now and again
Great… I got the payment from them. They withdraw my earned bitcoins to my bitcoin wallet. After I got its from my bank account.
Customer Service does not exist for starters. In their FAQ’s they state they do not respond to emails if the questions have been addressed in the FAQ’s. This is a lie as they do not respond to anything. They even ignore legitimate complaints. My account was hacked and the account balance was lost and they did nothing, nor did they offer to do anything. They will let you win small wagers but if you increase the bet to say 5000 satoshis I watched the numbers spin and spin as if it was resetting itself and I lost hand after hand yet the games are provably fair and you have a 47.50% chance of winning. Lottery winners are reserved to their highest bettors and depositors. Due to aggressive attacks to their reputation their lottery has went from several bitcoin to less than a half a coin. There are a couple other faucets that are much better. Contact me for details.
Contacting you. Get back to me about a couple other faucets
It’s your own fault if you lose your crypto because you should have kept it save. Next time get a better password and a good firewall and stop visiting websites you don’t know.
If your crypto has been sent to another account then there is nothing they can do about it… so stop complaining! It’s the way of the crypto and if you don’t like it buy stocks instead.
I had everything the site offered for security and still got hacked and thats with a 2FA if that ain’t a surefire deal of an inside job then i don’t know what is site wouldn’t do anything about it even tho the “hacker” put everything into wager lol yet they wouldn’t give it back. gave them proof it wasn’t me and they didn’t care. only person here that got screwed was me the site actually made money for doing nothing.
Yo todavia no he llegado al minimo, pero en dos oportunidades me he ganado 296 btc y no los han pagado, el primero me dije que era un error, pero en este segundo ya me parece una estafa, llevaba 6778 satoshi y lo dejo, no entiendo que gana con este proceder.
did some get their payout on this?
total rip-off . No support at all Steal from you
There is another site from these people freedoge.co.in and I did get paid from that one, I am going to put enough bitcoin in freebitco.in to see if they do pay 4.08% annual interest on amounts above 0.0003
total rip-ooff No support Do not join
great
Dear Freebitco.in,
I’ve been logged in practically this whole year 2018. I have gained nothing.
You didn’t pay me in February. Are you going to pay me 0.00031012 BTC this weekend?
Kari Hakkinen
Are people getting paid with this ?