Is it possible to get bitcoin for free?
The name of the website suggests that, but is it legit or just another scam?
Right off the bat, let me tell you that there are legitimate ways how to get free bitcoin, and FreeBitco.in is one of them (in theory).
And to be honest, you won’t make living off of FreeBitco, but quite frankly you can make some pocket money on the side.
There are many different opinions but in the following FreeBitco review, I am going to debunk all the rubbish that you may have heard about this company.
In case you would like to know more about legitimate ways how to have consistent income, online I have some tips for you as well.
What Is FreeBitco?
FreeBitco is one of the largest gaming and lottery platforms and probably the oldest existing Bitcoin faucet.
Faucet is basically a website that gives away a small amount of Bitcoin.
They claim that you can win $200 in free bitcoin every hour and that Jackpot is 1 bitcoin.
(As of this writing, 1 bitcoin is about $40,000).
So it is like an online casino, where you can also win some money, but at the same time, you can lose easily.
Although in FreeBitco you don’t have to pay anything.
The problem might occur when you want to withdraw the earnings. There are many complaints about this platform and many of its users call this a scam.
FreeBitco has also a referral program, meaning that if you share this opportunity with your friends and families, and they signup through your link, you get 50% of whatever they win.
FreeBitco.in Website Information
Just out of curiosity, let’s check how long has been this website around.
We see that their domain was registered backing 2013.
Obviously, this is not a new platform, and that might prove that there is something about it.
I was curious and wanted to also know how many visitors their website gets.
From the data below, it is more than 50 million a month.
Although in February 2022, it was below 50M, the website still gets tons of traffic.
Below we see that the site is most popular in the following countries:
- Russain Federation
- Ukraine
- Brazi
- The United States and Italy
This screenshot is taken in March 2022, meaning that shows the data from last month (February 2022).
Who Is Behind the FreeBitco?
As a rule of thumb when it is not clear who is behind the system or product, be careful.
Not always though, and it seems that FreeBitco doesn’t reveal who the founder is.
The good news is that you can sign up for free, using even a fake email address, so it is not a big deal.
But research shows that Gavin Andresen is the man behind the FreeBitco.in.
He is a software developer and he began his career working on graphic software at Silicon Graphics Computer Systems.
Can You Make Money With FreeBitco?
By now you probably know that this is not a reliable source of income.
It is possible to win a couple of bucks here and there, but the chances are the same as in any online casino.
With their referral program, it is possible to make a little more, but you have to have a lot of referrals who actually are active and do win on a regular basis.
People do expect a lot from FreeBitco, they just don’t realize that this is a gaming platform.
And no gaming platform ever made a consistent income for anyone, right?
(Except the owners).
So people then write reviews that this is a scam and fraudulent company. And I get it. They might have issues while withdrawing.
If you were my friend and asked whether it is possible to make money with FreeBitco, I’d say no.
What Other People Think About FreeBitco?
There are many reviews that you can check.
I personally go to TrustPilot and overall, the ratings are average.
Also please bear in mind that people who give it very positive rankings, usually try to get some referrals in order to make more out of FreeBitco.
So take it with a grain of salt.
How To Withdraw Bitcoins From FreeBitco?
According to their website, you have 3 options.
- Auto – manually set the frequency of the withdrawal
- Slow – you get your earnings within 24 hours
- Instant – it should take less than 15 minutes to complete the transaction
Please note that each withdrawal is connected with a certain fee that you will be charged.
The last (instant) method is the most expensive one.
Just select one and follow the instructions.
Is FreeBitco Legit?
FreeBitco is a legit platform that has been around for almost a decade. However, this is not the way how to make money. If you like gambling and rely on “hope” then go ahead and try it.
It is not a scam, and you won’t lose any money. But will you make any significant amount?
The chances are not very high.
If you want to know how to make money online, you might be interested in the following article
Or if you are interested in blogging, here is a good piece of content:
FreeBitco – Conclusion
I believe the most important question is whether or not you can make money with FreeBitco.in.
The answer is, hardly. I mean you can make a few bucks here and there, but the chances that you will hit the Jackpot are very slim.
Sure you can give it a try, but I personally think this is waste of time.
Above I have mentioned a much better source of how to make money online and if you would like to learn more please let me know in the comment section below.
Thank You For Reading
Mike
