Earning Extra Online: Freebitcoin

Introduction

First of all I’d like to take a minute to explain my new series that I’ve been inspired to construct, in which I currently have approximately 5 different topics to cover, but this may be added to over time.

As a recent graduate myself, I have been in pursuit of avenues in which I could generate money online whilst I look for a job. It has also become very apparent after speaking to the Steemit community that a lot of you do this to generate an extra source of income, to better your financial situation.

With that in mind, I am starting a short series, dedicated to reviewing certain ways you can generate money online and my subsequent opinion of these. It is my pleasure to introduce the first topic, freebitco.in.

What is Freebitcoin?

Freebitcoin is a bitcoin faucet website that rewards users for simply clicking a captcha. It is one of the oldest and most well respected bitcoin faucets, with over 12 million users world-wide and a whopping 132,942 BTC given out in prize money so far.

There are several different avenues of the website, but the most useful is the free bitcoin roller and the bitcoin lottery. You can also mine bitcoin in your browser, gamble to multiply your bitcoin, or acquire interest on your bitcoin, but I would advise against using these options.

How does it work?

A bitcoin faucet such as Freebitcoin works by creating a high amount of traffic to their websites via a reward system, generating large amounts of money through advertisements in the process. Some of the profits from advertising goes into the faucet system, which is what enables them to give out free bitcoin.

Every hour you are entitled to roll a virtual dice in which your number corresponds to a certain prize in satoshis, with a chance to win $200. You also get lottery tickets for each roll you make, with the provably fair lottery draw having a grand prize of almost 1 BTC! What I’ve found great about this website is that they can give you a sound notification when your next roll is available.

What’s the interface like?

As you can see from the image above, the website is relatively basic in its design, but it works smoothly and I have had no issues so far with speed or downtime.

Is it worth my time?

Yes! This platform will probably not make you much money at all, so don’t get your hopes up. The minimum payout is 18 satoshis, which is literally less than a cent. It would take weeks to even get enough money to cover the transaction fees. That being said, you have a 1 in 10,000 chance to win $200. Again, your chances are very slim, but why not? At the end of the day, this website will not provide a good source of income, but if you’re at your computer anyway, I would highly recommend giving it a go. I’ll provide a referral link down below if you’re interested.

freebitco.in

If you enjoyed this post, please don’t forget to up-vote, follow and comment! Thank you for taking the time to give it a read and I hope you have a nice day.

Sapientia Ianua Vitae

Donations:

BTC Address - 1JQGxuVLQf1hAz6i2dpitvGNvkTSKD8xAC
LTC Address - LdHvzzi5ZhZZr9Ce5gek9rgmJXbk78tQD7
ETC Address - 0xae041220e640Ca52BCa8644B178682fC12705cBA