What is Freebitco.in.com?
Freebitco.in.com is a bitcoin faucet. Freebitco.in.com is the online home of Freebitco.in.com, a company that says they want to give people an opportunity to win Bitcoin just by playing games, and at no cost to themselves.
For people who aren’t familiar with Bitcoin, it is a special type of digital “cryptocurrency” which means that it doesn’t have any physical existence. Instead, it exists entirely online and is used in a peer-to-peer, or person-to-person format.
What is the background of Freebitco.in.com?
Freebitco.in.com, also known as Free Bitcoin, is a website which claims you can get free hourly bitcoins by playing games within a site. The domain of Freebitco.in.com was registered in 2013 in the name of Interglobal limited as an owner and as per WHOIS data, the address of the owner is based on Belize City. This site offers you to earn money in bitcoins currency which is digital cryptocurrency and which can be change into USD from many banks around the world or can use to purchase many items online using bitcoin wallet. But the problem of this company is not paying to its members as it has promised. More detail you can find below.
How to register the account?
Getting a Freebitco.in.com account shouldn’t take more than 15 seconds. All that needs to be done is to fill out a short online account creation form that only asks for an email address, password, and bitcoin address. Yes, you need to have your bitcoin address ready before signing up for an account.
If you don’t have a bitcoin wallet address yet, you can’t just put in a fake address because the system detects it. However, you can use a temporary real bitcoin wallet address and just edit it later on to reflect your real bitcoin wallet.
What are the ways get free Bitcoins from Freebitco.in.com?
It is free to join in Freebitco.in.com,There are some kinds of games in Freebitco.in.com and you will earn money when you play and win those games. The games are like, Free BTC, Multiply BTC and Lottery. Another way to earn money from Freebitco.in is by referring people.
In Free BTC game, you will earn bitcoins by filling the captcha and clicking the roll button. Freebitco.in.com claims that you can earn $200 per hour from this game, but that is not true at all, you even can’t earn 0.0001% of that amount.
To play Multiply BTC game, you have to choose between manual bet and auto bet and you can multiply your money which you have earned from Free BTC in this game. However, you have to use your current Free BTC amount to play this Multiply BTC. It means you are losing your current amount and gaining it back. So, it is just a waste of your time and money to play this game because it is a complete gamble and most of time you will lose than make money form this game.
Freebitco.in.com also claims that you can earn big prize in their weekly lottery. But you have to invest your money to buy that lottery ticket and everyone can guess how hard it can be to win lottery games.
Another way to earn money from Freebitco.in.com is its referral program. You can earn 50% commissions of your referral wining amount if your referral win those games.
But, although if you win the game and earn money from Freebitco.in games or earn money by making referrals, it is not sure that you can get your payment from Freebitco.in. There are lots of complaints against Freebitco.in form its members for not getting payment and even suspending their account after cashout request.
How about the Currencies, Deposits, Withdrawals, and Fees?
Freebitco.in.com only uses bitcoins but the prizes mentioned on the site are stated in either USD ($) or BTC.
Making deposits on this site is similar to how it is done with most other bitcoin betting sites. Deposits are from wallet to wallet. The Deposit/Withdrawal interface is under the Profile page. Deposits are credited after 1 confirmation.
With the deposits, FreeBitco.in.com has a slightly different setup, albeit still under a wallet-to-wallet scheme. You can withdraw manually, you can have Auto Withdraw enabled, or you can use the Instant Withdraw option.
- Manual withdrawals usually take around 6 hours to be completed. There is a minimum withdrawal limit of 0.00010400 BTC. A fee of 0.00000400 BTC will then be charged as a deduction from the amount you withdraw.
- The Auto Withdraw feature sends your account balance automatically to your bitcoin wallet on Sundays. You will receive an email regarding the automatic withdrawal every time a transfer has been successfully completed. With Auto Withdraw, you may have to wait longer before you can get your bitcoins but you can enjoy the advantage of not having to pay for the transaction fee. FreeBitco.in.comshoulders the transaction fee when you choose Auto Withdraw.
- Intant Withdraw, on the other hand, has a slightly higher minimum withdrawal limit (compared to manual) at 0.00041000 BTC. However, you can get your bitcoins faster since the transaction is supposed to take only 15 minutes. If you choose this withdrawal option, you will also have to pay a higher transaction fee of 0.00031000 BTC.
Pros and Cons
- Provably fair hi-lo (or dice-like) game
- in can be won through the Free BTC game (bitcoin faucet)
- Good referral program
- No wagering requirement for the Freebitco.in that can be won in the Free BTC game
- Anonymous bitcoin betting
- Annoying advertisements across all pages
- The lottery game is not provably fair
- Support is only through an online form buried deep in the FAQ page; no live chat or telephone support
After mentioned, there are many complains by the members of Freebitco.in.com for not getting payment on time after the cashout request and even for getting suspended by FreeBitco.in.com without valid reason. The Freebitco.in.com support is also not responsive. If some people complained about their payment by contacting the support team of Freebitco.in.com, most of time they will not get response by them. So we don’t recommend you to work and waste your time with Freebitco.in.com. However, it is free to join and work, so if you have enough time and if you are fond of playing games, then you can give it a try because they pay selectively, so you will have 50% chance to get the payment by them. However, we only recommend companies like Wealthy Affiliate where there is 100% guarantee to earn money for your lifetime, from where you can established your full time income online and where there is not any risk to work with.
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