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Author Topic: Freebitco.in as a wallet?  (Read 4481 times)
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May 20, 2017, 07:58:38 AM
 #41

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes

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May 20, 2017, 08:07:49 AM
 #42

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes

You are right but xapo and coinbase don't pay interest for holding your coins. Freebitco.in is one of my first faucets, and they are still here, with this upgrades in this year they offer something new and time will tell how much will people be interested in this kind of service.
I don't have my money there, and 4% year interest is not for my little amounts, but as I said time will tell will they grow in some bank or wallet, this is a free world and they ate making progress I wish them luck.


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May 20, 2017, 09:52:16 AM
 #43

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes

No one will share their private key for bitcoin transaction to members but Freebitco is completely different from the other wallets like Xapo and coin base. Recently they started sharing an interest for the members who are maintaining their balance in the wallets but nobody don't how long this can sustain.

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May 20, 2017, 07:59:13 PM
 #44

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes
Yes, they do not share private key but using the freebitco.in is okay if you do not need features like blockchain.info. They are not really a wallet service so if you want to withdraw you cant withdraw some portion of the money, it will withdraw all to your wallet. You cant use it to send it to other person as it will withdraw to your own wallet only.
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May 20, 2017, 11:16:13 PM
 #45

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes
yes, they dont share private key but using the freebitco.in is okay if you dont need features like blockchain.info. They are not really a wallet service so if you want to withdraw you cant withdraw some portion of the money, it will withdraw all to your wallet. You cant use it to send it to other person as it will withdraw to ur own wallet only .
Its not a good idea to use freebitco.in since its a faucet site. we you use it as wallet we do not know if they can stay alive for a long time they only have faucet and lottery and dice game other than that i think we can't see that they can stay for long time..
Since they only have 1 advertisement that can sustain there site to stay long..
The only thing that i can suggest better to use a real wallet  like ethereum maybe good too use also are coinbase for webwallet but the new theme  i think they have bugs due to can't make any sign of the address..

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May 21, 2017, 02:55:17 AM
 #46

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes
yes, they dont share private key but using the freebitco.in is okay if you dont need features like blockchain.info. They are not really a wallet service so if you want to withdraw you cant withdraw some portion of the money, it will withdraw all to your wallet. You cant use it to send it to other person as it will withdraw to ur own wallet only .
Its not a good idea to use freebitco.in since its a faucet site. we you use it as wallet we do not know if they can stay alive for a long time they only have faucet and lottery and dice game other than that i think we can't see that they can stay for long time..
Since they only have 1 advertisement that can sustain there site to stay long..
The only thing that i can suggest better to use a real wallet  like ethereum maybe good too use also are coinbase for webwallet but the new theme  i think they have bugs due to can't make any sign of the address..
Freebitco.in is mostly known as faucet site so it will more reasonable if our activity only gambling purpose. Yes, its more popular, trusted since it alive but that's not mean we need to put all our money only for receiving interest or others. That's not make a sense.

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May 21, 2017, 03:48:21 AM
 #47

I don't have any problem depositing there and even receive some interest but my issue is with myself as I can't control myself when I see the option to play dice HI or LO and every time I did deposit there I lost eventually, however if they provide me with private keys to the addresses generated in their site I might consider depositing 0.5BTC but if I were to deposit 100 or more bitcoins just for the interest? no way.
Besides you could even manipulate the fee in blockchain.info not to mention electrum.


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May 21, 2017, 05:40:33 AM
 #48

Freebitco.in now pay interest,you can collect point and buy different bonuses also you can participate in lottery.I think is the most complex faucet.

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May 21, 2017, 06:51:49 AM
 #49

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes
yes, they dont share private key but using the freebitco.in is okay if you dont need features like blockchain.info. They are not really a wallet service so if you want to withdraw you cant withdraw some portion of the money, it will withdraw all to your wallet. You cant use it to send it to other person as it will withdraw to ur own wallet only .
Its not a good idea to use freebitco.in since its a faucet site. we you use it as wallet we do not know if they can stay alive for a long time they only have faucet and lottery and dice game other than that i think we can't see that they can stay for long time..
Since they only have 1 advertisement that can sustain there site to stay long..
The only thing that i can suggest better to use a real wallet  like ethereum maybe good too use also are coinbase for webwallet but the new theme  i think they have bugs due to can't make any sign of the address..
Freebitco.in is mostly known as faucet site so it will more reasonable if our activity only gambling purpose. Yes, its more popular, trusted since it alive but that's not mean we need to put all our money only for receiving interest or others. That's not make a sense.

I also agree that freebitco is one of the best faucets and it is paying on time from many years but now they are paying interest to the members who is maintaining the balance. But completely I don't have positive opinion on freebitco because we don't know what is going to happen in future.


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May 21, 2017, 07:30:32 AM
 #50

FreeBitco.in is one of my favorite faucets. They have an awesome system going on and I don't mind keep a portion of my BTC there to earn interest.

Also they have a badass referral system (link in sig). You can earn from daily claims, interest and dice rolls.

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May 21, 2017, 09:03:01 AM
 #51

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes
yes, they dont share private key but using the freebitco.in is okay if you dont need features like blockchain.info. They are not really a wallet service so if you want to withdraw you cant withdraw some portion of the money, it will withdraw all to your wallet. You cant use it to send it to other person as it will withdraw to ur own wallet only .
Its not a good idea to use freebitco.in since its a faucet site. we you use it as wallet we do not know if they can stay alive for a long time they only have faucet and lottery and dice game other than that i think we can't see that they can stay for long time..
Since they only have 1 advertisement that can sustain there site to stay long..
The only thing that i can suggest better to use a real wallet  like ethereum maybe good too use also are coinbase for webwallet but the new theme  i think they have bugs due to can't make any sign of the address..
Freebitco.in is mostly known as faucet site so it will more reasonable if our activity only gambling purpose. Yes, its more popular, trusted since it alive but that's not mean we need to put all our money only for receiving interest or others. That's not make a sense.

I also agree that freebitco is one of the best faucets and it is paying on time from many years but now they are paying interest to the members who is maintaining the balance. But completely I don't have positive opinion on freebitco because we don't know what is going to happen in future.

Their reputation as faucet is quitely good for quite years but i don't know if they will be good also interms of becaming our alternative wallet. And although theirs an interest upon staking at them but the question there is where do the interest came from? maybe they can escalate to tell us on how those thing works at their site.

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betlord90
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May 21, 2017, 09:09:16 AM
 #52

Freebitco.in has SSL and 2 factor authentications also maintains 99% up time.
What else you need to consider them as a safe web wallet ? Do not compare it with other existing wallets. All the existing wallets are not providing same set of security features.

Do they share private key or detailed bitcoin transaction to their users. If they don't, freebitco.in is similar with Xapo and Coinbase which also have SSL, 2FA and don't share private key Roll Eyes
yes, they dont share private key but using the freebitco.in is okay if you dont need features like blockchain.info. They are not really a wallet service so if you want to withdraw you cant withdraw some portion of the money, it will withdraw all to your wallet. You cant use it to send it to other person as it will withdraw to ur own wallet only .
Its not a good idea to use freebitco.in since its a faucet site. we you use it as wallet we do not know if they can stay alive for a long time they only have faucet and lottery and dice game other than that i think we can't see that they can stay for long time..
Since they only have 1 advertisement that can sustain there site to stay long..
The only thing that i can suggest better to use a real wallet  like ethereum maybe good too use also are coinbase for webwallet but the new theme  i think they have bugs due to can't make any sign of the address..
Freebitco.in is mostly known as faucet site so it will more reasonable if our activity only gambling purpose. Yes, its more popular, trusted since it alive but that's not mean we need to put all our money only for receiving interest or others. That's not make a sense.

I also agree that freebitco is one of the best faucets and it is paying on time from many years but now they are paying interest to the members who is maintaining the balance. But completely I don't have positive opinion on freebitco because we don't know what is going to happen in future.

Their reputation as faucet is quitely good for quite years but i don't know if they will be good also interms of becaming our alternative wallet. And although theirs an interest upon staking at them but the question there is where do the interest came from? maybe they can escalate to tell us on how those thing works at their site.

Maybe their are some guys their thinks that freebitco.in well be a nicest wallet for them if they would used it since it can give them some interest if we will put some BTC on their but they doesn't aware on the risk they are facing on since any reputable site can be turned down if the accumulated money will be so huge.

And better if we just leave this site as faucet and don't ever think that it could be our second option on everything.


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Script3d
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May 21, 2017, 12:54:27 PM
 #53

how much daily interest do freebitco.in offers if its quiet good i would store my bitcoins there i would trust the website beside they have have 2 factor and the site is been on for a quiet while and i can even gamble there which is nice

                           
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frowsiter
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May 21, 2017, 01:22:20 PM
 #54

That would amazing idea. Is it out yet? Having freebitco.in as wallet would be easy to use. Because I play a lot on it and it is always time consuming to place my btc on their website when it comes to playing lottery. Their lottery is top most played game and it needs to be faster. If they implement wallet in their website then the users will also increase. Moreover the earnings will go straight into my wallet and I will not need to pay the withdrawal fees anymore. So more profit I guess.



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nethan1btc
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May 21, 2017, 09:10:00 PM
 #55

how much daily interest do freebitco.in offers if its quiet good i would store my bitcoins there i would trust the website beside they have have 2 factor and the site is been on for a quiet while and i can even gamble there which is nice

You shouldn't do that because if storing btc separated from your personal storage is not that safe. I respected your trust of the site and yet it's your decision to make, but it's much safer if you are storing it in your personal wallet site and you can really have the option to make a withdrawal from freebitco.in to be sent to your wallet. That's a good opportunity to do because some of those ponzi sites were not really sending you satoshi or btc amounts in your wallet, they just kept on wasting our time. To give an advice regarding gamble of small amounts, well it's good as well but don't use that to make sources of bitcoin growth because you might loss it all.

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shadowdio
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May 21, 2017, 10:32:12 PM
 #56

freebitco.in becomes a wallet? for me No, I do not put all my bitcoin in there as a wallet, freebitco.in is a faucet and gambling site, it's ok if you deposit your bitcoin for gambling or buy lottery ticket or for daily interest.



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May 22, 2017, 03:06:31 AM
 #57

Freebitco.in is a legit site. But still i don't trust online wallets. Maybe they should keep the site as lottery and faucet site. I think it will be better if they make it as a gambling site. They should add some betting games aside from lottery and faucet. The site is popular already. They just need some innovation. Making the site as a gambling site is a good option.



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May 22, 2017, 09:53:17 AM
 #58

freebitco.in becomes a wallet? for me No, I do not put all my bitcoin in there as a wallet, freebitco.in is a faucet and gambling site, it's ok if you deposit your bitcoin for gambling or buy lottery ticket or for daily interest.

Regardless of how good the site's reputation is, freebitco is not an exchange or a trading platform so it is not advised to store your BTC in sites like that. The daily interest concept is not new and most of the sites which started this scheme eventually scammed people, so think twice before putting your money into it.

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carlisle1
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May 22, 2017, 11:54:58 AM
 #59

This is the newest announcement on their site:


For a long time they have been offering bitcoin faucet and some time ago new features were added like daily interest as you may already know. Do you think they are trusted enough to hold bitcoins on their website?

They are trusted until now and operating since February 2014 but this doesn't mean it is a good idea to give your bitcoins to someone else and you not holding the private keys to this bitcoin. Remember that anyone with the private key can spend your bitcoin. It is not a good idea to keep your funds in bitcoin on web wallets that is why Electrum and many other better wallets are created.

I agree, it's still better to stick with the bitcoin wallet services that we are using from the start since that feature or service provided by freebitco.in seems new for us and although freebitco.in has been trusted since 3 years ago it is still not a good idea to put such amount of bitcoin as freebitco.in is actually a different type of service which is a faucet and now looks like a dice site .

Kotone
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May 22, 2017, 01:46:11 PM
 #60

Well this is quite interesting I'm always withdrawing my balance on there website and if this possible to happen and will be successful they already offered a good platform where people will be interesting to stock there coins there if they are going to add some good interest on it depends on the balance.

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