FreeBitco.in is one of the most popular bitcoin faucet sites out there, with more than 8,800,000 registered users at the time of writing. Search for information on faucets and pretty much everywhere you go you’ll find reference to this site.
So, what makes this such a popular destination for people looking to get hold of free bitcoins online without mining or having to buy any expensive and difficult to maintain equipment?
One of the main things setting it aside from the hundreds of others you’ll find out there is that it offers a lot more than simple faucet functionality.
It is effectively a portal which gives you access to multiple ways of earning free bitcoins.
This is the understated homepage that greats you when you first visit the site. You’ll need to set up an account and include your bitcoin wallet address for deposits and withdrawals.
The options offered by FreeBitco.in are:
A Faucet, But With Added Thrills
Each time you use your free hourly roll you’re also in with a chance of winning a jackpot prize if you hit the right number. You’ll always get the basic pay out which varies according to the dollar value of bitcoin at any given time but this adds a bit of excitement to the process.
Basically you can gamble your bitcoin on the outcome of a random number roll, known on the site as ‘multiply btc’.
A Bitcoin ‘Bank’
You can earn interest on the bitcoins you have deposited. If your balance is over 30,000 Satoshis (fractions of bitcoin) you will earn an annual rate of 4.08% at the time of writing.
There’s a weekly lottery. You earn tickets each time you claim from the faucet and you can then purchase extra tickets with your earnings. The top prize can be in the region of 2 bitcoins at the time of writing.
The image below shows the prize tiers. The value of the prizes increase throughout the week as more people enter.
Reward Points For Tech
You also gain reward points for various actions you perform – whether it be claiming from the faucet or playing the multiply btc game. These points can then be used to buy some new tech or a host of other items.
Generous Referral Scheme
Referrals – Once you’re familiar with FreeBitco.in and faucets in general it’s a good idea to start generating referrals so you can earn a passive income alongside your own claims.
FreeBitco.in offers, at the time of writing, a generous 50% of faucet rolls, 0.25% of bets on the hi-lo game and 25% of the daily interest accrued by your referrals.
This is an increasingly popular way for websites to earn some money themselves while passing some of it on to visitors.
All you have to do is agree to a small .js file from Coinhive then you can use your spare CPU power to mine some coins.
You’re actually tapping into Monero mining hardware but your earnings are then converted into bitcoin. If you’re unfamiliar with this don’t be deterred – it’s a simple way to experience mining.
But be prepared for low earnings if you attempt this on a standard PC. Also, you need to understand that mining for extended periods of time may eventually damage your hardware.
FreeBitco.in also offers a Dogecoin faucet as well which is run in a similar way to the bitcoin faucet.
When you consider all the different methods of earning free bitcoin this site offers you can see why it’s become a hugely popular destination for people looking to get their hands on some digital gold.
There are hundreds of faucets out there that are just that, faucets, and once you’ve claimed you move on to the next one, often not returning for days because there’s little incentive to do so when there’s so much choice out there.
But once you start using FreeBitco.in on a regular basis you begin to see the potential it has in adding to your pot of bitcoins more rapidly compared to other faucet sites you’ll come across.
It’s well designed and extremely intuitive to use – you don’t have to hunt around for what you need as it’s all right in front of you and easy to find.
One thing that really stands out about its design is the lack of intrusive advertising. Many faucets sites go overboard in attempting to maximise their revenue, drowning visitors in garish banner ads, pop-ups and even re-directs.
Easy To Use
But not FreeBitco.in – it’s clean and refreshingly ad/pop-up free meaning you can surf around the site without being blinded flashy sales pitches or having to repeatedly shut unwanted windows which have sprung into view during your visit.
It has clearly been designed this way to appeal to novice users. Beginners will find it extremely approachable and will have no problem getting hold of their first coins and experiencing the thrill that goes with this.
As a footnote, you’ll find various websites and Youtube videos purporting to demonstrate how to hack FreeBitco.in. To the best of our knowledge none of these work and you’re highly likely to lose all your Satoshi quickly if you attempt this.
There are also some sections of the faucet community that have run into difficulties with FreeBitco.in and have angrily decried it as a scam site. Again, to the best of our knowledge, it is perfectly legitimate and reliable. We have never experienced any issues with claiming coins or withdrawing them.