Years after launching the most significant cryptocurrency projects, the most known websites popularizing Bitcoin are still operating. One of the oldest ways to get non-technical people interested in Bitcoins is to give them a certain amount of cryptocurrency for free.
The effect achieved exceeds expectations. Such people become interested in the topic and start looking for answers. How to hold received BTC, send and trade BTC, and get more satoshi?
Bitcoins entirely for free? Yes, but not much
Free Bitcoins (website address is freebitco.in) site is not clickbait! It describes getting free bitcoins; you only need a secure Bitcoin address and some spare time. Such a service is the simplest and most popular way to acquire small chunks of cryptocurrency. It popularizes technology and enables users to test and transfer their BTC holdings from the beginning of their crypto adventures.
Hence, it is not a strictly grab-and-run scheme. Miners, early adapters, engineers, and marketers around the Bitcoin protocol and businesses involved in the space organized it when Bitcoin had yet to become famous. The site will continue until it pays to distribute the smallest unit of account in the Bitcoin ecosystem, one satoshi (= 0.00000001).
How to get free Bitcoins, 1-minute instruction for those who don’t like long reads
- The goal is to collect enough satoshi to fund and test the BTC deposit without any investment.
- The collection consists of continuously using the Bitcoin distributing site and collecting a minimum deposit by claiming free Bitcoin every hour.
- It should take a couple of months with our tricks described below.
- You’ll get 30k satoshi, which will then start earning interest.
TLDR end;
Why would anyone give away Bitcoins for free?
The mechanism itself is surprisingly simple. Giving away bitcoins is a traditional way to advertise cryptocurrencies. Remember that this is a way to get small amounts of cryptocurrencies and popularize Bitcoin. We often recommend this method to people who have time and willingness to learn the basics of new technology but need more motivation and funds.
This guide serves as a summary of the idea and instructions in one. Slow adaptation of the cryptocurrency ecosystem made the initial services grow into complex systems that meet more and more needs. Adding paid deposits in Bitcoins by the freebitco.in the form of a Bitcoin interest deposit makes a positive impression.
Deposits are exciting since the interest rate is at a competitive level of over 4% per year. Confidence in the cryptocurrency market is in permanent deficit. Service consisting of payment for storing money should attract significant interest, especially when provided by a player operating for a long time.
The initial service of paying small amounts of cryptocurrencies for educational purposes, extended to the possibility of depositing bitcoins into a fixed percentage, has become much more worthy of attention. I decided to refresh the description for 2019 and bring more people closer to the chance of participating in the revolution: services of low-interest but potentially secure deposit in the world of cryptocurrencies.
One digress; let’s look at the other side of the transaction. At the time of writing, the offer of interest-bearing deposits is 4.08% per annum, which usually means simply the desire to raise capital.
- The goal can be to earn from an organic increase in the currency’s value. Bitcoin can change its price very fast, for example, topping several years ago at $1,300 for 1 BTC, while at the end of 2018, we were over $6,000 for 1 BTC; in 2021, it traded for $60k
- Another idea is the discouragement of depositors for withdrawals, at an interest of around 4% when Bitcoin is at local price peaks.
- The company may have plans to implement a project requiring more capital or a larger balance sheet. Basic ideas are an investment in extending the cryptocurrency mining activity (the company declares its current share is 0.18% of the total Bitcoin ecosystem) or investments in other cryptocurrencies and their infrastructure.
- Most likely, only after a couple of years, the company already has a sufficiently large active user base (50+ million accounts). However, the website would use some redesign.
I hope that we have emphasized the word “usually” enough. The first alarm signal would be daily settlement (0.0109589% daily, granted randomly). However, the site uses this for marketing or technical reasons. In the wild West of cryptocurrency, checking the risk of the company or venture going belly up is essential.
Nevertheless, daily capitalization will cause the company to owe more interest to users. At the same time, day-by-day deposits will rise quicker by earned capital. The question is whether the growth rate will be lethal for interest-bearing deposits, e.g., in light of the decline in BTC value.
Factors worth following as well are the company’s situation, comments of people related to the company, observation of the industry and ongoing projects, Bitcoin exchange rate, delays in payment of deposits, quality of support, and time of answering questions.
Free bitcoins in just a few weeks or months?
Let’s go back to reality. We know that there are free Bitcoins for educational purposes. In addition to the new experience, there is an additional motivation. The site with free BTC offers interest-bearing deposits with a real interest rate. Awareness of the Wild West makes us want to risk as little as possible, so we aim at the lowest deposit level, an account balance of over 30,000 satoshis.
How to start earning free Bitcoin? Step by step
Start with your Bitcoin address if you don’t have it yet, and set up any Bitcoin wallet, Electrum, Bitcoin Core, or mobile wallet.
- Register on the free Bitcoin site with the e-mail address or Bitcoin address.
- Claim your first free Bitcoins by clicking “ROLL” on the Free BTC page.
As you notice, you earn a variable amount of cryptocurrency. Let’s calculate how much we could make.
The script allows us to claim about 3-4 satoshi to our account every hour (at a Bitcoin price of around $50000). The clock adjusts itself automatically, and after a one-hour countdown, you can get BTC again. The role value depends on the price of Bitcoin:
- The number of granted satoshi increases when the BTC price goes down (e.g., 50 satoshis when BTC is $4,000),
- The number of granted satoshi decreases when the BTC price increases (e.g., four satoshis when the BTC price is $55,000).
From one IP address, you can collect satoshis on only one account.
Nothing prevents you from inviting family members to sign up for the account on a mobile phone that does not use home wifi; they could collect satoshis at the same time then. Maintaining the pace of 20 hits a day is unrealistic, but going to the site 6-8 times a day on two devices enables reaching 30,000 in just over a couple of months. It will pay for a good dinner in a dozen or so years if everything goes well.
For those who want more than the minimum
The following section is for persistent users who want to increase their chances of collecting the most free Bitcoins. Ambitious users can support the satoshi collection process in many ways:
- Supporting mobile devices and referring free satoshi to friends familiar with cryptocurrencies would result in more satoshi.
- Reward points, thanks to which you can, for example, draw 10% / 50% / 100% more satoshi for each roll. You must be aware that you can redeem the increased bonus only for 24 hours (i.e., for 23 turns) and use it the most. You need to visit the site more often that day.
- A more advanced strategy is to issue Reward points for getting even more Reward points so that you can quickly replace them with the bonus just mentioned. The cost of this exchange is only refundable if we visit the website at least 13 times within 24 hours.
- The riskiest way is to play Multiply your BTC because it is a game with a negative expected value. The only viable idea is a “hit and run” tactic, preferably immediately after profiting the minimal amount.
- For each roll, you get tickets for a weekly lottery, where you can win up to 1 BTC. During one roll, you get two tickets for the lottery. Unfortunately, collecting thousands of tickets has the expected value of several USD cents. You can, therefore, without much regret, disable lottery tickets for Reward points (in the “Profiles -> Disable lottery” section)
There is an option for those willing to sit on this and get the most out of the opportunity. The guide for the most persistent looks as follows:
- Collect Reward points and use them roughly every two weeks for the Free BTC 500% bonus, which costs 1200 Reward Points. Assuming that the roll is standard five satoshi, you would get 100, or almost 500 satoshis in one day, from one account. There would be 24 hours, during which you will collect 500% more from free rolls: 20 hits per page in 24 hours is a great result.
- The hardcore version to replace Reward Points for even more Reward Points; in this scenario, you need at least two intense days: one in which you collect additional Reward Points with at least 13 hits a day (real targets in more than 20x), and another day it’s just “Free BTC bonus.”
Scenarios for the most persistent are sensible only in two cases. You want to exchange our time for an interest-bearing deposit, and you trust the company that it will be in business long enough for interest to grow to a satisfactory level without further effort.
Are you looking for additional ways to get free Bitcoins?
The new way to get free Bitcoins is to play the Wheel of Fortune, a new service from free Bitcoin. Every spin is a chance to win over 30 satoshi, reward points, lottery tickets (even for a Lamborghini draw), an iPhone, or Rolex. You can get more chances to win if you buy and hold FUN tokens.
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How to win Lamborghini or its value in BTC?
Another way to get free cryptocurrencies is through a promotion where Lamborghini is up for grabs. The Lamborghini lottery has already officially started. The proof that it works is that the next edition is already taking place! You can participate today if you collected enough BTC to buy the Golden Ticket. If you still need to, check out the easiest way to increase your chances of having a Lambo below!
Win a Lamborghini by getting free Bitcoins?
It’s not clickbait, though it may look like this. How to give yourself a chance to win a real Lamborghini? The lottery has already started with an unbelievable first prize: you can win a Lamborghini. What are the conditions? Step-by-step instructions:
- Create a free account at the free Bitcoin site
- Earn Golden Tickets, which are a chance for Lamborghini in the lottery: you get 1 Golden Ticket for every 0.00500000 BTC bet in Multiply BTC, or you can buy 1 Golden Ticket for 0.00025000 BTC
- Receive free Bitcoins every hour and daily interest for BTC deposit! Thanks to this, the lottery tickets don’t have to cost you anything!
How do you get a chance to win a Lamborghini for free?
Suppose you take care of your account early enough. In that case, you can participate in the Lamborghini lottery for free or significantly increase your chances. How to do it? Use what free Bitcoin offers: get free Bitcoins and use them to purchase Golden Tickets. You can do it in many ways, the simplest of which is simply systematic logging into the site and collecting BTC to your account.
How to use a BTC deposit to purchase Golden Tickets?
Few users know this, but the site offers DAILY INTEREST for BTC deposits. The interest rate is better than a regular bank cash deposit, and thanks to it, the user can increase the chances of winning a Lamborghini. One ticket costs 0.00025000 satoshis, showing your currency’s present Bitcoin exchange rate. It means that depositing even less than 0.05 BTC will allow you to earn at least a pair of Golden Tickets (assuming that once in a while, you will log into the service and claim free Bitcoins).
Is it worth playing Multiply BTC and receiving Tickets automatically?
Lottery rules are straightforward; you get Golden Tickets for playing Multiply BTC. Each 0.00500000 wagered in the game is one granted Golden Ticket. Multiply BTC is a game where the house has a slight advantage, so the stop-loss level is essential for anyone who develops a strategy. The strategy’s base assumes that you immediately pay out the profit earned in the short term. You secure profits because the negative expected value swings wipe out the capital over time. The player may achieve a temporary advantage mainly thanks to the large bankroll, sensible selection of stakes, and iron willpower to exit at the right moment. If you meet these conditions, earn as many Golden Tickets as possible.
How to safely participate in the lottery to win Lambo?
The idea of the website includes the answer to how to take part in the Lamborghini game without risk. All you have to do is set up an account quickly and collect free Bitcoins. You have already accumulated initial capital and interest before the lottery finishes. For those who are late, there may be a need for more time, which will make them feel obliged to take a more risky game in Multiply BTC or deposit more considerable capital, accelerating the collection of interest. It is worth acting today and confirming that it is worth trying:
Summarizing free bitcoin
We are beginning with an obvious conclusion. You will not make big money here; you will not make even average money this way. If you hope you will earn a lot of money this way, don’t. Solving a specific problem in the cryptocurrency ecosystem or trying brokering or trading is better.
It would help if you tried free bitcoins to participate in the next stage of the development of the Bitcoin ecosystem. This time it is with low-interest, potentially secure deposits, earning more cryptocurrency just by owning some. There are only a few dangers and unpleasantness in this scenario.
The first is discomfort due to the temptation by the website to play games with a negative expected value. Here I will briefly mention that the neutral scenario is losing your free deposit, and the terrible outcome is losing your deposit.
The second pain is a distraction. We lose time and attention when checking in for more portions of the free deposit. Due to this simple fact, this method is unsuitable for those who can use their time more economically. It’s better to buy some bitcoins on the stock exchange or fund a pizza to a friend with some cryptocurrency in exchange for a handful of satoshis.
On the other hand side, they are free Bitcoins!
In addition, the benefits will reward those who need the motivation to learn what Bitcoin is, acquire a Bitcoin address, learn how to handle a Bitcoin wallet and try to understand and implement a private key protection method.
Preparing an introductory workshop to claim your first free satoshis would be best. Thanks to this, the following steps, such as registration on the cryptocurrency exchange, giving small amounts for a beer to a friend with a BTC wallet, or buying small things for a cryptocurrency, suddenly become accessible and available.