Bitcoin Forum

Does anyone know hoe Freecoins works on Yobit?

Usually these free coins are few satoshi or a bit more, there is a limit for each coin to claim, like a faucet.

So there's no catch to it?  They're just free?  They just make them available to anyone?

At least for me it works, but i don't know for new accounts if it works or not, give it a try and let us know.

Yes free for anyone. Some you claim each day, some are only 1 claim some are in every few hours.

This is almost nothing you can trade with it.
I believe this is just good marketing trick.

So it sounds like they're just worthless dust and not worth the time.

free coin on yobit not give much , I suggest you play dice in yobit , it is faster to make it into a double bitcoin.

The freecoins on yobit are just like any other faucet, but without captcha and with only 1-2 satoshi per claim. The crypto you gain on there are most of the time 1) not exchanged or 2) worth 1 satoshi per coin. It's great for playing dice, though, because some coins on there you can roll and roll and still have a few hundred left. For more bitcoin, go to a bitcoin faucet or join a signature campaign on bitcointalk. A lot faster, and also a lot more profit.

It is. I mean faucets on some websites, it's like you using that bitcoin from faucets for try their games/gambling. Like Yobit, you can use their faucets for fun.

Those freecoins are worthless, you will not get per claim more than 2 or 10 satoshi, and you will not be able to sell these free coins before collecting at least the equivalent of 10k satoshi to be able to sell them in exchange with btc

Yes they are free, but they pay even less than faucets.

Would take forever to reach any withdrawable amount, so I think it is not worth

Once you make a account on Yobit, after 7 days you can claim these free coins.
Their value is very low but you can use them for trade. It good to know about other Alt currency and then you can start trading at Yobit.

There is no captha involved to get these free coins. so their value is low than faucets.
You just have to click on the button and that's it. the coins are transferred to your
account.

you can use it as free coins, no string attached part of marketing strategy as a welcome bonus like so with some faucet, you can use the coins for trading or dice,.Goodluck to you mate.

People donate coins to yobit, probably wanting to promote it, then you can just click on it for free satoshi :)

they are giveaway like those that are or were done on poloniex nothing special, they are worth nothing most of the case, you can do more with any good faucet

Coins are free and you can use them to trade or for dice game, i use them for both.

You cant trade them because their value is too low. You need to buy few more of them and then you can trade
it. For dice games, you can use them.

once was some coin that was worth quite a lot few month back think it was around 0.0013 then he dropped to 0.0007 all user got 1 coin on 24 hours if i recall

Yeah, i think faucets on yobit for dice game. It's like free trial on gambling dice site. it's smart though, but sadly can't use the bitcoin from faucets for trading.

thank you. I did not know you could play their dice game with all the altcoins, I though it was only with bitcoin :)

I claimed the free coins a couple of times but the free coins just filled my balance with dust. sometimes they are coins worth 1 satoshi and the giveaway is 0.00000001 of the said coin!! which is stupid because the value of it in bitcoin would become 10e-16 :D

they are worth keeping an eye on, at least 2 I can think of made good money -drop and latest was pex

I think you can still trade it or sell it even the value is low.. you can make a profit for every coin you get free from yobit.. And try to sell it set the amount to high and wait and be patience after that if that if the reach the high amount you had made a profit..
You can also use free coins to play in dice of yobit. Just try your luck to increase your coins and trade it again..

You will earn nothing there. its a smallest amount of BTC 0.00000001

maybe they are paying the collected tax as freecoins. i have seen some days ago they were paying pix coins which are 0.00025btc each and they were paying it every 3hour

No, they don't give away their fees, they want to make money too you know ;)
All of the free coins are donated from users/coin creators to promote their altcoins.


For example if I want to promote dogecoin by giving 25 people 1 free doge I would just click donate other and do this:

https://i.gyazo.com/0c346d1728e4e6b6a5cc8ca1aa0bc53c.png

So far Pex and one other coin where coins I could sell. Might have misunderstood a post here stating you get satoshis by donating the free coins?

Like hoarding these coins either way.

Yeah, I've realized that they are really not worth it.  The small amount that they give out is less than faucets and it takes too much time.

Very low indeed. I don't know why they offer those small coins amounts. Maybe to try introducing us in another crypto-currencies coins, unknow coins yet. But i don't know, i think it doesn't really worth...

Better to use some faucets and bet on their dice.

You can claim free coins if your account is at least seven days old but most of coins are not worth your time. There is only PEX coin atm ( you get 0.01 PEX worth around 1100 satoshies every three hours) which is worth something. From time to time you can get something from there (like with DROP and DGCS before) but most of time yobit freecoins are just huge timewaster.

yes you are right the rewards is too small even if we compare with faucets rewards still worth to using faucets and if you want some more better leave free coins from yobit and find another way

During my first month in yobit, tried to collect those coins, but now it is very much tiring, they are too many and mostly equal to 1 satoshi, And I find no use of those free coins..

collecting altcoin in their early stages will only be worth if we can hold them for reallylong time. Which in also long run may not be significant amount. I find it less profitable than collecting satoshis from faucets.

yes you can earn just a "dust" of satoshi in the vast majority of request.
because "Twerk" a coin with only sell order at 1 satoshi of btc give for free 1 satoshi of "twerk" ... you can never exchange these click so you have lost time

There is nothing free in this world. they are giving satoshi. there is no any value of satoshi today. So if you want to earn BTC then work hard.