FreeBitco.in Review 2023: Is it Legit or a Scam?

Bitcoin has gained huge popularity in recent years as a digital currency. It offers distribution, security, and the potential for great returns on investment.

With it’s increasing growth and value, many websites and apps has emerged claiming to offer free bitcoin for little to no work.

One such platform is FreeBitco.in which claims you can earn as much as $200 per hour.

In this FreeBitco.in Review, I will share exactly if FreeBitco.in is a legitimate company or just another Free Bitcoin trap.

Furthermore, I will also share how to get started, some of the rewards, earning potential, tips n’ tricks along with my full review.

Let’s get started:

What is FreeBitco.in?

FreeBitco.in is an online faucet that claims you can earn $200 per hour by playing games and joining different contests.

Furthermore, if you like to bet online and double your earnings then you also have the chance but keep in mind you might lose all the earnings.

The site was founded in 2013 and is located in the United Kingdom.

FreeBitco.in also offers a Lamborghini Giveaway as the part of the reward, Parimutuel Betting, the Daily Jackpot as well as the Weekly Lottery, and the monthly contest.

Now, let’s learn how to get started on Frebitco.in.

How to Join FreeBitco.in?

To get started on FreeBitco.in, follow the step-by-step process below:

Step 1: Visit freebitco.in and click on the ‘Signup’ link located on the header.

Step 2: Enter your Email Address and password. If you have a referrer, enter the referral code, then solve a quick captcha and hit the ‘Signup’ button.

Step 3: After that, you must check your email for a confirmation email, and click on the link to verify your profile.

Step 4: Once you are verified on Freebitco.in, you can log in to the site using your email and password. If you have enabled Two-factor authentication, check your email and enter the code.

Then simply, click on the ‘Login’ button to access your account. You will receive certain satoshi as a gift for signing up.

Is FreeBitco.in legit?

After doing a deep research, we can conclude that the platform FreeBitco.in is legit; however, you will not earn as much as they preach or as much quicker as they make you believe.

You will only earn crypto currency or BTC on the site but many users join with the intention of earning actual cash which is not the case.

You also have to be considerate about certain policies of the website, which could help you earn more Bitcoin or result in your profile being banned.

Determining the legitimacy of free Bitcoin requires careful consideration of various factors such as site transparency and user reviews.

Legitimate platforms offer free bitcoins, but there is no harm in exercising caution and being aware of scams.

Hence, be with us till the end to find all the details on this site.

How to Earn Free Bitcoin from FreeBitco.in

Once you have joined FreeBitco.in, you can explore various earning methods on the platform, but here are a few common ways:

1. Faucets: Bitcoin Faucets are a popular feature of FreeBitco.in platform. They allow users to claim small amounts of Bitcoin at regular intervals by completing simple tasks, such as captcha verification. You just have to complete the captcha and hit roll to take your amount.
2. Referral Programs: There is a provision of a referral program, where users can earn additional bitcoins by inviting others to join the website. By sharing your unique referral link, when your referral play some game or roll you will get reward points each time.
3. Games and Contests: FreeBitco.in has number of games, like the multiply BTC game, the Hi-Lo game, or the wheel of fortune etc where users can play to win and multiply even more bitcoins. These games are very entertaining and provide an opportunity to earn additional bitcoins.
4. Earn via interest: as long as you have Bitcoin in your wallet, you will receive an annual interest of over 4%, which can attract certain users. You can add more BTC to your account on the “Earn BTC” page. It’s the same as others Crypto Staking sites.
5. Win a Lambo: You can even participate to win the grand prize of Lambogrini or $200,000 in BTC, but you may have to wager a certain amount of your earned Bitcoins. You have to participate in the golden ticket round to be eligible for this reward. If your ticket is selected from the lucky draw you will win the grand prize.

How much can you make with FreeBitco.in?

According to FreeBitco.in you can make $200 per hour, but the amount they state is far from the truth.

Furthermore, there is not a definite amount you can make from the site. Many people are simply attracted by the false promises of the site and huge numbers, but you have to be careful.

If you are only dependent on the faucet, you have to wait a long time to earn even $100, but if you want to gamble and wager your Bitcoin in a free bitcoin casino and, if you get lucky, you can earn a decent amount in a short time.

How does FreeBitco.in Pay?

Here are some of the ways you can use to withdraw your Bitcoins from the site:

Micro Wallets

They often use micro wallets, which are intermediate wallets that accumulate small amounts of Bitcoin over time. When users reach a specific threshold, their earnings are transferred from the platform’s internal balance to their micro wallet.

Direct Withdrawals

This site also allows users to withdraw their earnings directly to their personal Bitcoin wallets. This method provides users with more control over their funds and eliminates the need for an intermediate wallet.

How to win the FreeBitco.in Jackpot?

Free Bitcoin Jackpot, or Lottery is the weekly contest run by the website. Anyone can join this jackpot for free.

You can participate in the grand jackpot without paying Bitcoin, but you must obtain lottery tickets for participation. Every week, you can win up to $7500 in BTV from these types of lottery draws on the site.

How do I delete my FreeBitco.in account?

Unfortunately, the site does not provide any kind of instructions on deleting the account.

Sometimes, these websites do not provide instructions on deleting the profile so that they can continue to send the user emails or spam mail.

Hence, this might be one of the biggest drawbacks of the site, as if you don’t want to get the email from the site, you may have to block the mail sender itself.

However, there is no way to delete your account permanently.

Can I withdraw from FreeBitco.in?

Free Bitcoin websites often have a minimum payout threshold that users must reach before they can withdraw their earnings.

This threshold can vary from platform to platform and typically depends on factors like transaction fees and the site’s sustainability.

The most common means of payment on free Bitcoin platforms is Bitcoin itself.

Once the minimum payout threshold is reached, users can expect to receive their earnings in Bitcoin directly to their designated wallet.

With FreeBitco.in, you will be able to withdraw your funds from 0.0003 BTC (less than $10).

Pros and Cons of FreeBitco.in

Like any other site, FreeBitco.in has some key advantages and disadvantages.

Pros

• Opportunity to earn free bitcoins without an initial investment.
• Features like games and contests, add entertainment value.
• Chance to win big such as $200,000 worth of Lambo.

Cons

• Potential for scams and fraudulent websites operating as legitimate.
• Earnings from FreeBitco.in platforms are generally modest and may not provide substantial income.
• Time-consuming tasks and activities to earn bitcoins.

My thoughts on FreeBitco.in

Determining whether FreeBitco.in is legitimate or a scam requires careful research and scrutiny.

While there is no doubt the website definitely pays there is no guarantee how much you will earn and how long will it take to earn a decent amount.

Before using any platform that promises free bitcoins, look for clear information, what users say, and security steps.

Also always keep in mind the information they provide on the site may not be true so doing a due diligence is really necessary if you don’t want to waste your time or money to get scammed.