FreeBitco.in Company Details and Overview
Website URL: https://freebitco.in
FreeBitco.in, or just FreeBitcoin, is my favorite website/faucet to earn – as the name says – some free bitcoin. For anyone who does not know, Bitcoin is the top cryptocurrency in the world at the moment. The site has been paying its members since 2013.
The minimum withdraw amount from FreeBitco.in is 30,000 satoshi, or 0.00030000 BTC.
(If you still need to set-up a FREE Bitcoin account click here to see some wallet options)
FreeBitco.in Earning Options
Ways of Earning on FreeBitco.in
1:) Claim from the free faucet every hour (win up to $200 in BTC every hour)
2:) Earn daily interest on your balance (minimum balance 0.00030000 BTC)
3:) Play the Multiply BTC Game
4:) Betting (You can bet Bitcoin on a variety of things from sports to politics to predicting the future price of cryptocurrencies – If betting is something you enjoy, this might tickle your fancy)
5:) Daily Lottery and Contests (Earn free lottery tickets by simply using the site and its various earning features listed here – a great free bonus basically and the prizes are HUGE)
6:) Refer people to FreeBitco.in (See benefits shown below).
7:) Reward points (RP). (See earning strategy)
8:) Golden Ticket (Once or twice a year one lucky user actually wins a Lamborghini Huracan – no jokes!)
FreeBitco.in Earning Strategy
Step 1) Be sure to remain logged into your account and claim from the free faucet every hour. Build up your account balance.
Step 2) If you use any other faucet sites – deposit your bitcoin earnings into the FreeBitco.in wallet. There is no minimum deposit amount. As soon as you reach 30,000 satoshi, or 0.00030000 BTC, you start earning 4.08% daily interest on your account balance.
Step 3) If you are able to refer any friends, contacts or random people through advertising to the website, do so – there are some great benefits to having referrals and this will quickly start increasing your bitcoin balance.
Step 4) Start playing Multiply BTC game, betting on events, or buy lottery tickets. This will start increasing the minimum (lowest) amount you will earn with every free faucet roll. This helps a great deal!
Step 5) You can start withdrawing to your own bitcoin wallet as soon as you reach a balance of 30,000 satoshi. I would suggest rather building up your account balance further to make full use of the Multiply BTC game (see below), and to also earn continued free interest on your daily balance.
Multiply BTC Explained
Playing the Multiply BTC game is one of the best ways to increase your bitcoin balance on FreeBitco.in faster, but this needs to be done in a careful and considered manner. The site claims that your chance of winning with every bet is 47.50%.
The Martingale strategy is a very popular technique people use when playing this game. This basically means that every time you lose a bet, you double your next bet and continue doing so until you win again. This ensures that you regain all of your lost bets, as well as make a small profit. From what I have learned, people get this strategy wrong in two ways on FreeBitco.in by either:
1) Using the ‘Auto Bet’ feature instead of doing manual betting.
2) Playing the game without having enough of a balance and starting with a base bet that is too high.
– I prefer manual betting as this gives you more control over the process. Although it takes some manual clicking work, at least it ensures that you do not lose your entire account earnings when you are just 1 or 2 bets away from doing so. This can happen easily with Auto Bet if you are not actively watching the screen the entire time.
– The lower your balance, the lower your base bet must be. This is the sequence if you continue to double your bets starting with just 1 satoshi (1, 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096, 8192, 16384, 32768, 65536, 131 072).
I would suggest to always leave yourself AT LEAST a space of 10 bets to get the win. So if your account balance is 0.00000512 BTC start with 1 satoshi as a base bet. If you are on 0.00004096 BTC start with 8 satoshi as base etc.
NB: If you decide to play the Multiply BTC game – DO NOT GET TOO GREEDY. Only start playing when your balance is high enough and use small amounts. After winning, always return to your base bet minimum and start again. If ever you feel you need some help in explaining this technique a little further, please do get in touch with me via any of my social channels, or just drop a comment below.
Reward Points (RP) Explained
You will receive 2 free RP for every free BTC faucet roll you play, 1 point for every roll your referrals play, and 1 point for every 0.00000500 BTC that you wager in the Multiply BTC game.
Tip: Build-up your Reward Points. When you reach 100,000 RP you can either exchange it for 100,000 satoshi, 0.00100000 BTC to cash-out, or exchange it to ‘Boost’ your account by between 10% – 1000% for 24-hour periods in any of the following ways.
Free BTC Bonus:
Lottery Tickets Bonus:
Free Reward Points Bonus:
You can even exchange your RP for Electronics (inc Apple; Samsung Galaxy; Fitbit; Kindle products), Hardware Wallets (used to securely store your crypto on a physical USB wallet), or Gift Certificates (Amazon or eGifter).
FreeBitco.in Pros and Cons
The only negative aspect of FreeBitco.in is the fact that people can lose their balances easily if they either do not understand, or get too greedy, when playing the Multiply BTC game. People with brand new accounts might also find the earnings a little slow at the beginning, but this soon changes with a little patience as your account grows and you use the tips and earning methods above.
Working out your own withdrawal strategy is the fun part. Personally, I prefer to always keep an active account balance of around 100,000 satoshi (0.00100000 BTC) and withdraw 30,000 satoshi (0.00030000 BTC) every time I reach 130,000 satoshi (0.00130000 BTC) – I have done this many, many, many times 🙂
This ensures I am always earning some free BTC interest daily. It also gives me some reassurance when playing the Multiply BTC game.
To Join Ojooo FreeBitco.in free click here –>>> Join FreeBitco.in
Please feel free to drop a comment below if you have any questions, or would like to share you personal experience with FreeBitco.in. Would love to hear it!