ScamFreeBitcoin
FreeBitco was one of the oldest Bitcoin faucets offering free hourly claims, gambling games, and interest on holdings. The platform has halted withdrawals and is reported as an exit scam.
Flagged as a scam
FreeBitco.in has frozen user withdrawals indefinitely and is non-paying, resulting in widespread reportings of an exit scam.
Summary
FreeBitco was originally launched in 2013 as a Bitcoin faucet allowing users to claim satoshis hourly by solving captchas and rolling numbers. Over time, it expanded into a crypto gambling, interest-earning, and lottery platform. However, the platform has indefinitely disabled withdrawals and failed to process user payouts, marking it as a scam.
Features and earning opportunities
- Hourly Free Roll Faucet: Allowed users to roll a random number every hour to earn varying tiers of Bitcoin.
- HI-LO Gambling Game: Included a provably fair dice-rolling game where users could wager satoshis.
- Interest Accounts: Offered passive interest on account balances exceeding 30,000 satoshis.
- FUN Token Integration: Required users to hold and lock FUN tokens for specific premium membership perks.
- Referral Program: Provided a 50% referral commission on base claims made by invited users.
Withdrawals and fees
- Minimum Payout: Set at 30,000 satoshis (0.0003 BTC).
- Payment Method: Supported withdrawals exclusively via direct Bitcoin (BTC) address transfers.
- Current Status: Withdrawals are disabled or permanently stuck in pending status.
Conclusion
FreeBitco is no longer a functioning or trustworthy platform. Users should avoid depositing funds or spending time on the site, as withdrawals are frozen and non-operational.