Freebitcoin: Official site, Registration. Bitcoin faucet Review

5 years ago
Freebitco.in
Freebitco.in

With the popularity of cryptocurrencies, only the lazy did not try to find out how to make bitcoin. The cryptocurrency industry today offers a lot of variants to deposit money with coins, both for those who are ready to invest a lot of money, and for those who want to make a profit without investment.

Today we will talk about one of the options for earning bitcoin from scratch. It's about a popular Bitcoin-crane Freebitcoin.

What is Freebitcoin?

Freebitcoin is one of the most famous bitcoin cranes that has been operating since 2013.

The service is very popular among cryptocurrency collectors, since over the years of its work it has established itself as an honest and reliable resource for free bitcoin earning without investments. 

More than 30 million users are registered on the Freebitcoin website, most of which are from Latin America. At the same time, the share of users from Russia is 7.2% of the total. 

If you believe the statistics of the service, for 6 years of work, Freebitcoin has paid over 193,000 BTC to its users. 

Freebitcoin belongs to the category of discrete faucet (where the opportunity to earn money is provided at certain time intervals from 1 minute to a day) and allows users to earn money by participating in games, lotteries, various randoms and more. The site has developed an partner program and there is a deposit account option, that distinguishes it from other similar portals.

Freebitcoin – Entrancy to the Official Site freebitco.in

Website freebitco.in
Website freebitco.in

Working with Freebitcoin is available only to registered users, so we will start with this. 

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Official site Freebitco.in

To create an account, go to the official website of the service. Freebitcoin is available only in English, but this should not interfere with the site.

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Help: For convenience, you can also use the built-in auto-translation of the browser page.


On the start page, select the "SIGN UP" menu and fill out the registration form. Enter a valid email address and create a password. To confirm the registration, you must enter the verification code from the captcha and press "SIGN UP".

Registration on the Freebitcoin website
Registration on the Freebitcoin website

As a greeting to new users, Freebitcoin gives you the opportunity to win free coins immediately after registration. To do this, just go through the captcha. Tick "I am not a robot" and press the "ROLL". 

Free lottery on Freebitcoin
Free lottery on Freebitcoin

The system automatically generates a "lucky number" for you and displays it on the screen. As you can see, our number is in the first group, so with the help of such simple actions we managed to immediately win 24 satoshi. 

BTC draw on Fribitcoin
BTC draw on Fribitcoin

Such a draw is held on the site every hour

Games are games, and we came here for larger amounts. So let's see what else Freebitcoin can offer us.

Freebitcoin video review

Personal Account and Security Settings

How to earn Bitcoin on a Freebitcoin crane
How to earn Bitcoin on a Freebitcoin crane

First of all, let's see the possibilities of your personal account. 

Go to the menu "MORE" → "PROFILE".

After completing the registration, Freebitcoin automatically generates a bitcoin address, where it will be possible to withdraw earned funds. If you want to secure your coins, the Bitcoin wallet address should be changed. 

To do this, use the "CHANGE WITHDRAWAL ADDRESS" option. Replace the specified wallet address and enter the password to enter the site. To confirm the changes, press "CHANGE".

Change Bitcoin Address to Freebitcoin
Change Bitcoin Address to Freebitcoin

Next, the system will send you a confirmation email. Follow the link indicated in the letter to complete the process of making changes. 

If you plan to actively use this bitcoin crane not only for money, but also for storing funds, we recommend you to connect two-factor authentication (2FA). Yes, it will take some time, but at the same time your account will be protected from malicious activities. To connect 2FA, go to the "2 FACTOR AUTHENTICATION" menu. 

The system will offer you to confirm your intentions by clicking on the email link. To get the link, click "SEND EMAIL".

Setting up 2FA on Freebitcoin
Setting up 2FA on Freebitcoin

Follow the link indicated in the letter and re-enter the 2FA setup. Now we see a notification of successful confirmation of actions by email and we can press the button "ENABLE 2FA" for further settings. 

Setting up 2FA on Freebitcoin
Setting up 2FA on Freebitcoin

Next, the 2FA setup screen appears. All actions are standard, you can use Google Authenticator or any other similar application to connect. Use the system prompts to complete the 2FA connection.

Setting up 2FA on freebitco.in
Setting up 2FA on freebitco.in

In addition, in the settings of your personal account, you can change the password and email address, as well as configure email notifications. 

How to Make Money on Freebitcoin

Earn Bitcoins on Freebitcoin
Earn Bitcoins on Freebitcoin

It should be noted that all services with free distribution of bitcoins exist due to traffic, therefore their main goal is do everything so that you stay on the site as long as possible. If you are aiming to earn large amounts of Freebitcoin, be prepare to devote a lot of time to working with the site. 

There are many banners on the service’s start page with calls to click and earn bitcoins in various ways. In this section, we will streamline all the options for earning on Freebitcoin and tell us more about each of them.

Lottery

Freebitcoin holds a lottery weekly

At the time of writing the article, the minimum reward amount is 0,0006 BTC, and the maximum is 0.31 BTC. During the lottery 10 prizes are determined. 

Freebitcoin Lottery
Freebitcoin Lottery

In order to participate, it is necessary to accumulate lottery tickets, which are issued free of charge for various activities on the site or buy them on the site. 

In the section "LOTTERY" you can view the balance of your tickets, the number of tickets available and an approximate chance of winning, and there is also a separate window for their purchase. The price of one ticket is only 1 satoshi. 

Freebitcoin Lottery
Freebitcoin Lottery

The more your lottery tickets will participate in the draw, the more chances you have to win.

Free BTC

All registered users of Freebitcoin have the opportunity to win free coins every hour for entering captcha.

The quiz is held in the FREE BTC section. A table with ranges of numbers is displayed on the screen. The amount of the reward depends on what range your "lucky number" will fall into. 

In this draw you can get for free from 0.00000024 BTC to 0.02399117 BTC. 

Free lottery on Freebitcoin
Free lottery on Freebitcoin

In order not to miss the next cue ball distribution, the user can set a sound notification for himself. To do this, check the checkbox as shown in the screenshot above. 

Also at the bottom of the screen is always available a timer for counting the time until the next draw.

For each captcha you get a bonus of 2 free lottery tickets and 2 Reward Points.

Life hack for beginners! 

What could be easier to go to the site once an hour and get your free satoshi? It’s easier not to go to the Freebitcoin website, and make the computer do everything for you. 

In order to automate the process of passing the captcha, you can use special bots or scripts for the browser that will perform all the actions for you. Thus, you will not need to visit the resource every hour, and the coins themselves will drip onto your balance. 

The acquisition of such assistants will cost you $ 25 or more, depending on the filling of their functions. 

But here it is also worth being careful. Often automation programs are carriers of various viruses, which can harm your device.

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In addition, the Freebitcoin administration reserves the right to permanently block user accounts, that use various automation devices. Therefore, before using bots and other special programs, weigh the pros and cons. 

MULTIPLY BTC

This is a quick bitcoin draw. You just need to guess the range of the number that the system will give out randomly. This game is very similar to a tote with bets on red and black.

Freebitcoin Tote
Freebitcoin Tote

Choose the BET HI button if you think that the number will be more than 5250 and BET LO if it is less than 4750. The minimum bet is 1 satoshi.

In the panel on the left you can change the range of numbers, due to this, the amount of earnings will increase, but the probability of winning will decrease.

In the panel on the right, you can try to play the jackpot. To do this, you need to specify your bet from 2 to 12500 satoshi. You can earn from 10,000 Satoshi to 1 BTC. The bet only works if the number 8888 appears on the screen.

The number of games in MULTIPLY BTC is unlimited. 

For each game you get a bonus 1 lottery ticket, 1 Reward Points for every 0.00000500 BTC and 1 gold ticket for every 0.00500000 BTC.

Life hack for beginners!

It is worth noting that the MULTIPLY BTC section is the most attractive for gamblers. On the network you can find a lot of videos on how to beat an online slot machine. The most popular strategy among gamers is to use the Martingale technique. The main principle of this technique is to start the game with a minimum bet (1 satoshi) and with each loss, increase it by 1 satoshi until a winning combination falls out. The point is that raising the bet by only 1 satoshi will have less chance of losing the entire deposit while the machine will give you losing combinations. In case of victory, reset the betting circle and start again with 1 satoshi. 

Experienced players note that the Martingale technique really works if you strictly adhere to its rules. Using this approach, you can raise to 0.002 BTC daily. But here we dare to notice that Freebitcoin makes good money on the excitement of users, therefore, do not forget that this is just a game, where the main thing is to stop on time. 

Freebitcoin Deposit Program

Among other things, you can use Freebitcoin as a source of passive income. All that is required is to have at least 30,000 Satoshi (0,0003 BTC) in your account. 

As soon as the required amount appears on the account, the system automatically starts charging 4.08% per annum on the balance. The interest on the balance is calculated daily at a random time to avoid possible fraud with the balance.

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During the storage of funds, your Freebitcoin account is not blocked, you can withdraw bitcoins at any time.

On the EARN BTC tab you can find all the details of the deposit program, view current interest rate, and also independently calculate your potential income from a deposit account using the online calculator. 

Deposit program from Freebitcoin
Deposit program from Freebitcoin

It is worth noting that if you decide to use Freebitcoin to store large amounts, do not forget about protecting your account. Be sure to come up with a complex password for the account, and also connect 2FA (how to do this, described above). 

Mining

For users with a balance of more than 0.05 BTC, the Freebitcoin service offers to try to mine bitcoins directly via the browser. 

Do not worry, there’s nothing complicated. In order to start, you must specify the power of mining, and then the system will automatically determine the possible hashrate and begin to mine coins. Mined bitcoins are automatically credited to your bitcoin address. 

Mining on Freebitcoin
Mining on Freebitcoin

Freebitcoin Earnings Strategy

Freebitcoin earning methods
Freebitcoin earning methods

It is worth noting that in 99% of cases, newcomers earn the minimum amount on Freebitcoin. You can earn more by legal means only by increasing your activity on the site and earning extra points (Reward Points) and lottery tickets for each action.

Users can exchange earned Reward Points for various valuable prizes, including hardware wallets, various gadgets, gift certificates. In addition, Reward Points can be exchanged for free lottery tickets, additional points for each captcha passed, as well as an increase in the accrued BTC for each captcha up to 1000%.

In addition, earned points can simply be exchanged for Satoshi.

1 Reward Points = 1 Satoshi. The minimum amount for an exchange is 100 thousand points. 

You can see the balance of Reward Points, as well as buy or exchange them, in the "REWARDS" section. 

Managing Reward Points on Freebitcoin
Managing Reward Points on Freebitcoin

You can also increase your income on Freebitcoin through a referral program.

For the activity of your referrals, the service will award you bonus lottery tickets and points. For example, for each passage of the captcha by your referrals, you will receive 1 additional lottery ticket and 1 Reward Points.

In addition, you also receive a commission for the activity of referrals in the form of% of their earnings. Read more about the conditions of the referral program, it is possible in the "REFER" section on the top toolbar of the site. 

Referral program on Freebitcoin
Referral program on Freebitcoin

Thus, the main strategy for earning on Freebitcoin is a combination of all sources of income available on the site:

Lottery + Free BTC + MULTIPLY BTC + Deposit Account + Mining + Rewards Points + Referral Program.

Deposit and Withdrawal of Funds on Freebitcoin

How to withdraw funds from Freebitcoin
How to withdraw funds from Freebitcoin

You can top up your balance on Freebitco.in or withdraw funds from any section of the site. At the top of the page for these purposes, 2 buttons “DEPOSIT” and “WITHDRAW” are always available.

Deposit Funds

In order to deposit money on Freebitcoin, click on the “DEPOSIT” button. The screen will display a bitcoin address and a QR code that can be used to transfer cryptocurrencies from any wallet.

Deposit on Freebitcoin
Deposit on Freebitcoin

In addition, there is a “BUY BITCOINS” button in the window for quick purchase of bitcoin, in case you do not have available coins. When you click this button, you get to LocalBitcoins, where you can buy bitcoin for fiat.

By the way, the minimum replenishment amount has not been established on the service, so you can safely transfer any amount. There is no commission for replenishment either. The funds are credited quickly enough, since only 1 network confirmation is required.

Withdraw Funds

Bitcoin output occurs through the WITHDRAW menu. 

Freebitcoin service offers its users 3 options for withdrawing funds: AUTO (automatic); SLOW (slow); INSTANT (instant).

Regardless of how you withdraw funds, the minimum withdrawal amount is 0.00030000 BTC or 30,000 Satoshi.

Withdraw funds to Freebitcoin
Withdraw funds to Freebitcoin

If you are comfortable with the option of withdrawing funds on Sundays with minimal fees, set the AUTO mode to default. To do this, check the corresponding check box. But if guaranteed priority is to receive money quickly, we recommend choosing INSTANT mode for withdrawal and withdrawing money at a time convenient for you.

Freebitcoin Mobile App

Freebitcoin on the phone
Freebitcoin on the phone

The Freebitcoin service keeps up to date and enables its users to earn bitcoins for free and without investments also through the mobile application.

The Freebitcoin app is available for Android OS users.

Free Bitcoin Mobile Application for Android
Free Bitcoin Mobile Application for Android

To start working with the application, you need to specify your bitcoin address or use the bitcoin address that the system offers you. 

You will see a table with prize satoshi. Press the earnings button and go. The winning number is determined randomly. One game allows you to earn from 50 to 5000 Satoshi. 

The opportunity to participate in the draw opens every hour.
Payments are made once a week.

Before using the application, we advise you to pay attention to user reviews. The app is not highly rated in the Play Market, where users complain about problems with the withdrawal of funds.

Advantages and Disadvantages of Freebitcoin

Considering Freebitcoin as a free cryptocurrency source, can highlight some of the advantages and disadvantages of his work. 

Advantages:

Reliable service, has been working for over 6 years;
You can really earn bitcoins without investments;
Simple and quick registration;
A smart site, no freezes;
There are various ways of earning that can be mixed;
Low fees;
3 options for withdrawing funds;
Availability of account protection using 2 FA;
Pleasant bonus program.

Disadvantages:

Freebitcoin is available in English only;
Some of the options for making money are gambling;
Small salary;
To earn substantial amounts, you need to spend a lot of time.

Freebitcoin Reviews

Freebitcoin Reviews
Freebitcoin Reviews

Given the experience of Freebitco.in, in the network you can find a lot of both positive and negative reviews about the service.

Among the negative reviews, most often there are user complaints about the scanty income that brings the popular bitcoin faucet

Users note that for more or less decent earnings, it is necessary to attract an army of referrals and only then it makes sense to spend time working with the portal.

Also in one of the reviews there is a complaint about the dishonest work of the site. According to the user, after a major win, the received coins were stolen by Freebitcoin. 

Beside to dissatisfied users, there are also user reviews that are satisfied with everything.

It is worth noting that if you go to Freebitcoin with the thoughts to earn bitcoin in a few days, you have come to the wrong place. Do not forget that this format of earnings always implies small amounts. No one will pay you hundreds of dollars for nothing. Yes, you can try your luck and try to hit the jackpot in MULTIPLY BTC, but the probability of winning is small. 

Users have been fond of Freebitcoin for 6 years for their stable operation and regular payments. If you want to earn large amounts here - experiment, attract referrals, combine different ways and derive your ideal formula for success.

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