FreeBitco.in is the online home of FreeBitcoin, a company that says they want to give people an opportunity to win Bitcoin just by playing games, and at no cost to themselves.
For people who aren’t familiar with Bitcoin, it is a special type of digital “cryptocurrency” which means that it doesn’t have any physical existence. Instead, it exists entirely online and is used in a peer-to-peer, or person-to-person format.
Their website says that Bitcoin is being accepted by more and more businesses and retailers each day, and even has a way of growing in value over time as market trends change, just like any other world currency.
The goal of FreeBitco.in is to give people who are either new or beginners to this currency a way to begin earning and investing it completely for free, with the simple act of playing a game.
This website begins by telling people they will give them the chance to “win free Bitcoins every hour.” Each hour, their members will have an opportunity to play a “simple game” where they can win up to $200 in free Bitcoins.
Once you begin wining your currency, you will be given a second opportunity to multiple your Bitcoins by playing a “Hi-Lo” game that they say has been “designed to be provably fair by using a combination of math and cryptography.” Customers can win up to one Bitcoin each time they play.
Members are also asked to refer their friends and family members to this website to participate in the games as well. Whenever someone you refer plays the games on their websites, you will automatically receive 50% of whatever they win.
Finally, they also provide members with an option to play a weekly lottery for which you will be given free tickets whenever you or someone you have referred plays their free Bitcoin game.
Certainly Bitcoin is a real type of currency that has been popular for awhile and has been considered a potentially good investment depending on who you listen to. The fact that this website deals in Bitcoin does not create an issue with its legitimacy.
The most significant problem with this website is the sheer lack of information it provides. While they spend a lot of time and effort explaining Bitcoin, how it works, and how it is valued to their potential customers, they spend almost no time at all explaining to their customers how their “game” works and why it results in them giving you free Bitcoin.
Just like with any other money making opportunity on the internet, a company that isn’t willing to tell you where or how your money is being made is a company that simply should not be trusted.