FreeBitco Exposed — Can You Really Win Free Bitcoin? Read Reviews!
FreeBitco Review
FreeBitco.in is a Bitcoin faucet that offers a chance to win free bitcoins through a Hi-Lo game plus a weekly lottery. If you’re looking at how to earn free bitcoin, read further.
What Is FreeBitco.in?
FreeBitco offers what looks like two games. There is Hi-Lo where they say you can win up to $200 in bitcoins. They say you can win up to $200 in free bitcoins every hour and then in the same paragraph, FreeBitco says if you play this game, you can win up to 1 Bitcoin each time you play. Then there is a weekly lottery for prizes. Players get a 50% referral commission when they encouraged their friends, family, and others to play. There are a few websites where people are actually advertising for more players.
Who Can Participate?
Though there is no information on who can or cannot play, the very nature of bitcoins suggests that anyone can join the games. Bitcoin is a currency that is not based in any country or by any authority. The exchange rate floats though the current rate of exchange is 1 Bitcoin is worth US$ 2,282.23.
What Are the Prizes Offered by Free Bitcoin?
Playing FreeBitco.in’s Hi-Lo game wins you Bitcoins. There do appear to be prizes to be won in their weekly free lottery, but there is no information on what they are. Playing either is free.
Who Owns FreeBitco.in?
FreeBitco.in is owned by InterGlobal Limited, a company based in Belize. There is a snail mail address and email address, though don’t look to find this on their site. Well, it might show up once you register, but there is no “contact us” menu on their site. InterGlobal also owns a mirrored site called freedoge.co.in which is a duplicate platform for DOGECOINS. They are currently trading at 1,000 DOGECOINS.
What Are the Terms & Conditions?
Don’t look to find published Terms and Conditions at FreeBitco.in prior to registration. There aren’t any. There is a “Terms of Service” with three rules: do not use bots, don’t use rude language, and don’t create multiple accounts.
How to Collect a Prize?
FreeBitco.in has no information on how you collect your prize. Theoretically, getting your winnings should be pretty straightforward and simply credited to your account. But there is a heap of complaints online, where players say their wins were not credited. We’re also not sure whether you can transfer your Bitcoins somewhere else to purchase things or if this is locked to their site and advertisers.
FreeBitco.in Feedback and Complaints
Jumping around the web, it’s been a while since we come across so many negative comments. The loudest one was the rate of winning which estimated a potential win of $0.002 for each roll. This was qualified by the fact that if you did use the referral system and got lots of people to play, the amount would add up pretty fast. There were also comments on the fact the site had too many advertisements. I guess that’s how they stay in business.
Why You Should Register with FreeBitco
Pros:
Anyone Can Play
It’s Free
Simple Game of Hi-Lo
Why You Shouldn’t Register with FreeBitco
Cons:
No Terms & Conditions
No Info on How You Get Your Winnings
A Heap of Complaints
Is FreeBitco Legit?
It’s hard to say whether this is legit or not without registering and there was no way I was going to do it without more information. That and the fact, that there were more complaints than good reviews.
The combination of so many negative comments and the lack of published information prior to registration definitely put me off. Add to that the comments that a bunch of people (who must be better at math than I am) posted relating to the only way to really win here is by referrals hence getting a bunch of other people to play.
FreeBitco gets a thumbs down. This site seems more angled at getting you to engage in the world of Bitcoin than actually getting prizes and things.
Joseph Slabaugh
PERSONAL STATS
FREE ROLLS PLAYED
3,368
FREE ROLL WINNINGS
0.01119426
MULTIPLY BTC ROLLS PLAYED
1,388
MULTIPLY BTC WINNINGS
-0.00360873
REFERRAL COMMISSIONS EARNED
0.91302088
JACKPOT WINNINGS
0.00000000
SPENT ON JACKPOTS
0.00000000
SPENT ON LOTTERY TICKETS
0.00305095
TOTAL PAYOUTS
3.80676809
TOTAL DEPOSITS
2.85869348
But on my Referrals page:
TOTAL REFERRALS
6312
REFERRAL COMMISSIONS EARNED
TOTAL 0.91302240
RECENT 0.00150461
MULTIPLY BTC 0.29566502
EARN BTC 0.00769273
So you show 6312 referrals which is how you have amassed almost 1 Bitcoin. Hope you feel great about your earning guiding so many people to this place who lost a great deal of money. Even you yourself show you are a coward to play the multiply game. Just so you know it is illegal to promote or refer people to a gambling site and you could find yourself losing so much more than you gained. Reported to FBI!
Ko*Ne
Poor earnings, so I decide to deposit again (third time). 7 times I lose × 8000satoshi..its that fair?!? In totall I lose 0.00045
Very bad (scam) site.
Leo
Does anyone believes that 21 straight losses, always with small numbers, is not a scam??? I don’t.
Yes I do believe in 21 straight loss. Mine got 24 so you’ll lose a million or two. Safest way. Autoroll odds to 4 increase bet to 750. In just 7 rolls you’ll earn 1.1million satoshi
MOHAN BABU
free bitco.in is a very good website. this the best site of bitcoin earning. I have win lottery and contest round.
Philip
Noticed my FreeBitCoin “Free Roll” went down from 20 satoshi to 6 per hour, when my Bonus Bitcoin account produces around 50 to 80 satoshi per hour depending on the price of Bitcoin. A customer service tech cancelled my account and stole all my satoshi (a considerable portion of a Bitcoin) an 15 minutes ago because I asked him why my “free roll” satoshi was only 6, and he kept reading his prefab answer from a script hanging in his cubicle. He claimed to own FreeBitCoin, which is preposterous, because with 23 million users, there’s no way in hell the OWNER and I are going to exchange a total of 15 emails back and forth.
(caution: cursewords sent to me in the emails by the low level tech who stole my money appear in my written experience below.)
When he started calling me an “asshole” and a “whiny crybaby” I said “I never cursed at you, why are you doing it now?”
He said, “I’m going to close your account.”
And before my eyes, I watched my account close and a year and a half of hard work from 8 Bitcoin Faucets that I deposited into my FreeBitCoin account disappear, like a fart in the wind.
FreeBitCoin stole my entire account because the low level tech who pretended to be the owner was butthurt that I wasn’t buying his stupid script as to why I was only getting 6 satoshi per hour when others are getting a whole lot more, doing the exact same thing I was doing.
Then he called me a “dickhead” and said “These kinds of things happen to dickheads like you.” AFTER he stole my money.
If you think that FreeBitCoin is going to help you… NO.
If you think FreeBitCoin is a safe place to store money? NO.
I AM ONE OF DOZENS, WHOSE MONEY WAS STOLEN BY EMPLOYEES, TECHS AND MODERATORS OF FREEBITCOIN.
My sponsor on FreeBitCoin had 0.15 Bitcoin disappear from his account on FreeBitCoin and he’s stupid enough to keep putting more on there? He’s at 0.4 Bitcoin there right now, and I’m going to laugh at him when they steal his whole amount instead of just part of it.
DO NOT USE, OR INVEST IN FREEBITCOIN. THEY WILL INVARIABLY STEAL MONEY FROM YOU, POTENTIALLY ALL OF IT.
I’m going to make reports everywhere I can and then focus on a YouTube campaign that shows all of my email interactions with the tech in India who stole all my Bitcoin because he couldn’t “win an argument” when there was never even any argument. He just couldn’t answer the truthful question with a truthful answer. So… The Bitcoin amount I had…
I guarantee he’s already added it to his own FreeBitCoin account.