Freebitco.in review

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Freebitco.in is one of the oldest Bitcoin faucets, online since 2013. They have more than 17 million registered users and already paid over 160 500 Bitcoins to their users. They offer many ways to earn Bitcoins on their website – provably fair faucet with prizes up to $200 in Bitcoins, provably fair Multiply BTC game with chance to multiply your Bitcoins by 4750x, provably fair weekly lottery with prizes up to 1 Bitcoin, monthly wagering contest with main prize $10 000 in Bitcoins, reward points which you can exchange in to cool gadgets, gift cards or bonuses, yearly interest and generous affiliate commision. In this article we will review Freebitco.in in detail.

Faucet

Freebitco.in faucet – The amount of free bitcoins that you get will depend on the number that you roll and paid out according to the payout table below. You can come back and play every hour to win free bitcoins each time! You can win up to $200 in Bitcoins every hour. It’s also possible to increase prizes by playing Multiply BTC game and buying lottery tickets. For every claim you will also get 2 lottery tickets and 2 reward points (and up to 10 reward points on weekends). They are also paying 50% commision for every claim of your referral.

This game is provably fair. What that means is that there is no way the site can cheat you by picking a number that is in their favour. The way this works is that each roll is calculated using 3 parameters – the server seed, client seed and nonce. Out of these, we show you the client seed and nonce that will be used for your next roll along with a SHA256 hash of the server seed. You can also change the client seed if you wish. The server seed is the only part that is kept a secret until after the roll. Then after you roll, under the section titled PREVIOUS ROLL DETAILS, we show you the server seed that was used and you can verify that this was the same server seed that we said we were going to use before the roll by checking if the SHA256 hash of this seed matches the SHA256 hash that we showed you before the roll.To know exactly how we calculate the rolls, read the section below titled How are rolls calculated?After you roll, you can also click the link above named CLICK HERE TO VERIFY YOUR ROLLS to verify your roll using our javascript based roll verifier which uses the same seeds to re-calculate the roll right in your browser without any external communication.

Golden ticket

Freebitco.in offering unique chance to win Lamborghini Huracan and it’s not a joke! Just head over to MULTIPLY BTC or BETTING and play the game.
You get a FREE Golden Ticket with your winnings every time you wager or bet a total of 500,000 satoshi (0.00500000 BTC). You also can buy a Golden Ticket for 25,000 satoshi (0.00025000 BTC). You can collect multiple tickets for a higher chance of winning.

The golden ticket contest will run for 6 months from May until November. After the contest ends, a provably fair lottery drawing will be conducted to pick the lucky winner. The lucky winner will win a Lamborghini Huracan LP 580-2 with delivery to the USA. If the winner wants the car in any other country, they will need to pay the excess shipping costs and any applicable taxes or fees. The winner can also opt to receive US$200,000 in lieu of the car, paid in bitcoins using the exchange rate after the lottery drawing has been done.

Betting (NEW)

FreeBitco.in also have added betting on their website. You can bet on the latest events against other FreeBitco.in users and win a share of the prize pool if you pick the winner. Early bets have a higher weight and will get a bigger share of the prize pool. It’s the current weight multiplier for bets made in this event. The weight multiplier starts at 100 and keeps going down as the event nears its end time. The earlier you make a bet, the higher weight your bet will have and the larger share of the prize pool you can win. You can get 1 free lottery ticket and 2 reward points for every 0.00000500 BTC that you bet! They also pay you 0.40% referral commissions on all bets made by your referrals!

Currently you can bet on events like UEFA Champion League, Formula 1 Championship, ICC Cricket World Cup, Game of Thrones. You can also try to predict Bitcoin price by the end of 2019 or 2020. New events added every week.

Multiply BTC

Freebitco.in Multiply BTC game – Multiply your bitcoins up to 4,750x by playing a PROVABLY FAIR HI-LO game! Set a bet amount first and then click the BET HI button to win if you roll a high number or the BET LO button to win if you roll a low number. Change the bet odds or the win chance to increase or reduce your win probability and tick the jackpots to win big prizes by rolling the number 8888! Get 1 free lottery ticket and 1 reward points for every 0.00001000 BTC that you wager! They are paying 0.40% of amount that your referral wager. This game is provably fair. What that means is that there is no way the site can cheat you by picking a number that is in their favour. Detailed description can be found on Freebitco.in Multiply BTC page. Play responsible!

Lottery

Freebitco.in also have their weekly lottery with prizes up to 1 BTC and 10 winners. One ticket costs only 2 Satoshi. More tickets you have – bigger chance to win. You will receive 2 free lottery tickets for every FREE BTC roll you play, 1 ticket for every roll your referrals play, 1 ticket for every 0.00001000 BTC that you wager in the MULTIPLY BTC game and for every 0.00000500 BTC that you bet on their Betting game! This lottery is provably fair. What that means is that there is no way the site can cheat you by picking a lottery winner who they favour. All winners are picked randomly and the method for picking the winners is described on Freebitco.in lottery page. Winners are drawn at Sundays.


Rewards

On Freebitco.in you also can to redeem your reward points for some awesome prizes and bonuses! Receive 2 free reward points for every FREE BTC roll you play, 1 points for every roll your referrals play, 1 point for every 0.00001000 BTC that you wager in the MULTIPLY BTC game and 2 reward points for every 0.00000500 BTC that you bet on their Betting game.! You can exchange these points to cool gadgets like iPhone, Samsung flagship smartphones, GoPro camera, VR headsets, hardware wallets, gift cards. It’s also possible to spend these points to get various benefits on Freebitco.in, like Free BTC bonus, lottery tickets bonus or reward points bonus. Or if you wish, you can exchange these points directly to Bitcoins.

Yearly interest

Your FreeBitco.in account is now also a bitcoin savings wallet! Receive compounded daily interest on any balance that you hold in your FreeBitco.in account, without doing anything. All you need to do is mantain a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in account and we shall pay you compounded interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish. Treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance everyday. They also pay you 25% referral commissions on any interest earned by your referrals! Daily interest will be calculated at a random time everyday @ 0.0109589% per day and rounded down to the nearest satoshi

How do they make money to pay us interest? When you hold money in your FreeBitco.in account, we split it into 3 parts – the first part is used to cover user withdrawals, the second part is used to bankroll our MULTIPLY BTC game and the third part is used to expand our bitcoin mining operation (which is currently 9.065 Petahashes or 0.025% of the total hashpower of the bitcoin network). We make a profit and assume the full risks of our businesses and in return for you saving your money with us, we give you a risk-free fixed rate of return. Below, there is signed a message using their bitcoin address that is used to collect payments from their bitcoin mining operation. This message can be verified on any bitcoin client or here to provide proof that we actually mine bitcoin.

Address 1EcH7pHYTHLo3cbdXfkf6e6Zh5JzCPGumc

Signed message <This is the FreeBitco.in mining address where payouts from our mining operation are received.>

Signature HB7xbLIWPlTn5Vx3eCY1eAfib8VSahVd6ER1NyBEBI0BJANEEvXi6CuNHS8lRXzhkmOTpKPlaeOhNoCT60mZPa8=

Monthly contest

Participate in Freebitco.in monthly wagering and referral contest with $30,000 in total prizes! To win the wagering contest with $20,000 in total prizes, you must rank in the top 10 users by wagering volume for the month and to win the referral contest with $10,000 in total prizes, you must rank in the top 10 users by combined wagering volume of your referrals for the month. The contest will start at the beginning of the month at 00:00 UTC and end on the last day of the month at 23:59 UTC. For the wagering contest, all bets made in MULTIPLY BTC and MULTIPLY BTC jackpots will qualify. For the referral contest, all bets that your referrals make in MULTIPLY BTC and MULTIPLY BTC jackpots will qualify. The top 10 users with the highest wagering volume for the month will win the wagering contest and the top 10 users with the highest combined wagering volume of their referrals will win the referral contest. The prizes will be paid out in BTC converted from USD at the current exchange rate after the contest ends. You will receive an email notifying you if you have won a prize and the prize will be credited directly to your FreeBitco.in account and can be withdrawn anytime.

Referral commssion

Freebitco.in offer generous referral commission. They are paying 50% commission on every faucet claim of your referral. You will also get 1 reward point and 1 lottery ticket after every claim of your referral. On Multiply BTC game you will get 0.40% of amount that your referral wager. They also pay you 25% referral commissions on any interest earned by your referrals! You will get 0.40% commission on all bets made by your referrals.

Withdrawals

On Freebitco.in there are 3 types of withdrawals;

Auto – Min. Withdraw: 0.00030000 BTC, made every Sunday, fees –
0.00001080 BTC* ( The auto-withdraw fee used will be the current slow withdraw fee at the time when payments are being made but will be limited to a maximum of 3,000 satoshi (0.00003000 BTC).

Slow – Min. Withdraw: 0.00030000 BTC. Withdrawal can took from 6 to 24 hours, fees – 0.00001080 BTC.

Instant – Min. Withdraw: 0.00030000 BTC. Withdrawal will took up to 15 minutes, fees – 0.00004590 BTC.

*Please note that fees may change during the time.

Freedoge.co.in

Freebitco.in also have sister website Freedoge.co.in. This website have same features like Freebitco.in, but they are paying in Dogecoins. On their Doge website you can find provably fair faucet where you can win up to $150 in Dogecoins. Also, there you can play provably fair Multiply DOGE game where you can multiply your coins by 4750x. And same like Bitcoin faucet, Freedoge.co.in offering generous 50% referral commission.

There are 2 types of withdrawals – Slow and Instant:

Slow – minimal amount 50 DOGE (0.25 DOGE fee), made very Sunday.

Instant – minimal amount 50 DOGE (0.25 DOGE fee), made in 6 hours afert request.