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[bSpend]

I withdrew them to Mexc (which is not good decision - to withdraw casino funds directly to exchange wallet, as exchange can flag transaction as problematic).

If you first make a withdrawal from the Freebitcoin site or any other casino to your own address and then only to a centralized exchange, it won't change much. I mean, if a CEX really checks deposits and marks funds from casinos as undesirable, they won't limit themselves to checking only the address from which the deposit was made.
But in the case of MEXC, it seems to me that you shouldn't worry about it because this exchange sometimes adds outright scam tokens, i.e. not really bother with any kind of checks.

Well, I really do not see anything wrong in withdrawing funds from a casino directly to an exchange, and this does not matter what type or which exchange, as a matter of fact, I've withdrawn funds from different casinos and sent directly to exchanges like Binance, bybit, kucoin and several others and I've never had any issues receiving the funds.
I think we all have to understand that casinos are also legitimate businesses just same way exchanges are, so it's completely wrong for any exchange to flag deposits from casino as illegitimate, except there are other issues the exchange has with the casino where the funds is coming from and decide on their own to flag payments coming from the casino.

[hosemary]

Well, I really do not see anything wrong in withdrawing funds from a casino directly to an exchange, and this does not matter what type or which exchange, as a matter of fact,

But there are exchanges that don't accept deposits from casinos and may freeze your fund.
For example, depositing fund to coinbase from gambling websites or making a withdrawal to gambling websites is against their terms.

From Coinbase Prohibited & Conditional Use Policy:

Unlawful Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; or games of chance that are not sanctioned by a governmental body or regulatory authority.

[dwyane36]

Well, I really do not see anything wrong in withdrawing funds from a casino directly to an exchange, and this does not matter what type or which exchange, as a matter of fact, I've withdrawn funds from different casinos and sent directly to exchanges like Binance, bybit, kucoin and several others and I've never had any issues receiving the funds.
I think we all have to understand that casinos are also legitimate businesses just same way exchanges are, so it's completely wrong for any exchange to flag deposits from casino as illegitimate, except there are other issues the exchange has with the casino where the funds is coming from and decide on their own to flag payments coming from the casino.

I think users should read the ToS of exchanges and, based on that, decide whether to make a deposit from a gambling platform or not. For example, Binance states in its ToS that users can't use its services for gambling activities, sports betting, and other similar things, while Bybit doesn't mention gambling in its ToS at all.
Generally, it's worth noting that the ToS of some exchanges are very similar and look like they use the same template. Frankly, it's unclear what they mean by “ participate in gambling activity.” At least it's strange that Binance forbids it in its ToS but, at the same time, continues to keep the FUN token on its platform, which exactly can be used for gambling activity. For example, on the Freebitcoin site.

[hypersonic1]

Well, I really do not see anything wrong in withdrawing funds from a casino directly to an exchange, and this does not matter what type or which exchange, as a matter of fact,

But there are exchanges that don't accept deposits from casinos and may freeze your fund.
For example, depositing fund to coinbase from gambling websites or making a withdrawal to gambling websites is against there terms.

From Coinbase Prohibited & Conditional Use Policy:

Unlawful Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; or games of chance that are not sanctioned by a governmental body or regulatory authority.

All you have to do to avoid this is add a few hops and pay your taxes. Easy. They just don't want drug dealers and felons money laundering. If you don't fall under that category then it's not illegal to gamble online.

[babygun]

Well, I really do not see anything wrong in withdrawing funds from a casino directly to an exchange, and this does not matter what type or which exchange, as a matter of fact,

But there are exchanges that don't accept deposits from casinos and may freeze your fund.
For example, depositing fund to coinbase from gambling websites or making a withdrawal to gambling websites is against their terms.

From Coinbase Prohibited & Conditional Use Policy:

Unlawful Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; or games of chance that are not sanctioned by a governmental body or regulatory authority.

Didn't know this and how much users are really aware of this? I think it also depends on the amount of money you would withdraw from the casino directly to the exchange. If you stay below a certain number, I don't think an exchange would flag it or that it would cause difficulties even if it is against their terms.

[ionut81]

Hi ESG,

At this time I am not able to confirm whether the spins will be re-credited as this is still under investigation.
Once this has been completed, I can advise further with clarity.

Best Regards,

Customer Support Team
FreeBitco.in

 Ok!
 
       Thanks Your Attention.

 Regards!
 ESG

Are you gonna fix this wof promotional spins issue this year? 

[dwyane36]

Are you gonna fix this wof promotional spins issue this year? 

It's unlikely that Freebitcoin will have any change for the better this year. Even though CSFBC and freebitcoin PR accounts periodically appear online on this forum, it is probably naive to expect any response from them. By the way, the last response from CSFBC was in this thread half a year ago, which indicates a complete ignoring of the community by the Freebitcoin team.

[btcltcdigger]

I would say no. They will not.
They showed us that they don't care about the community, or atleast the small amount of community that is here.

[Slow death]

I would say no. They will not.
They showed us that they don't care about the community, or atleast the small amount of community that is here.

and this is a big red flag that everyone should not ignore or forget. a few years ago they were a reputable site, they had a subscription campaign that anyone on this forum would want to participate in, but today their reputation is terrible, and they may decide to close the site and run away with all the people's money, because now that they don't have a good reputation, there is nothing that would stop them from running away with people's money.

[pawanjain]

and this is a big red flag that everyone should not ignore or forget. a few years ago they were a reputable site, they had a subscription campaign that anyone on this forum would want to participate in, but today their reputation is terrible, and they may decide to close the site and run away with all the people's money, because now that they don't have a good reputation, there is nothing that would stop them from running away with people's money.

Yes they can but on the other hand, what stopped them previously to run away with our money ?
If they just wanted to run away with our money then they would have done that when they had a big chunk of our holding on their site.
Reputation would be their least concern because if they did cared about their reputation then they would have fixed all the issues long ago.
They would not have let their reputation decrease slowly every day.

[FinneysTrueVision]

Over these past days, FreeBitco.in has transferred billions of tokens to Binance. Their main holding wallet now only holds 21 million tokens and their hot wallet where they process withdrawals from has a little under 1 million. They typically refill their hot wallet once a week with 5 million tokens, so at this current pace their reserves could be depleted within a month if there is no new inflow of FUN into their wallets.
 

[btcltcdigger]

Over these past days, FreeBitco.in has transferred billions of tokens to Binance. Their main holding wallet now only holds 21 million tokens and their hot wallet where they process withdrawals from has a little under 1 million. They typically refill their hot wallet once a week with 5 million tokens, so at this current pace their reserves could be depleted within a month if there is no new inflow of FUN into their wallets.
 

Oh really? Exiting to binance for a quick sell and run? Hahaha, i'm just kidding, but that's usually the MO before the site gets shut down.
Hopefully, i'm in the wrong, and they're just using the market fluctuation to get richer

[EarnOnVictor]

Well, I really do not see anything wrong in withdrawing funds from a casino directly to an exchange, and this does not matter what type or which exchange, as a matter of fact,

But there are exchanges that don't accept deposits from casinos and may freeze your fund.
For example, depositing fund to coinbase from gambling websites or making a withdrawal to gambling websites is against their terms.

From Coinbase Prohibited & Conditional Use Policy:

Unlawful Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; or games of chance that are not sanctioned by a governmental body or regulatory authority.

Didn't know this and how much users are really aware of this? I think it also depends on the amount of money you would withdraw from the casino directly to the exchange. If you stay below a certain number, I don't think an exchange would flag it or that it would cause difficulties even if it is against their terms.

Let us be clear on one thing, exchanges can't just go rogue, there must be a reason for it and this is not about withdrawing lower amounts, it's about dealing with "unlawful" casinos as stated above. I wonder how your lowest withdrawal would push through if that (unlawful Gambling) was detected. But so long as you are dealing with the lawful or supposedly lawful casino regardless of how weak the regulation is, I think you will be just fine with a CEX like that. Besides, all my withdrawals from all casinos to CEX have always been smooth.

[Fivestar4everMVP]

Over these past days, FreeBitco.in has transferred billions of tokens to Binance. Their main holding wallet now only holds 21 million tokens and their hot wallet where they process withdrawals from has a little under 1 million. They typically refill their hot wallet once a week with 5 million tokens, so at this current pace their reserves could be depleted within a month if there is no new inflow of FUN into their wallets.
 https://www.talkimg.com/images/2025/02/28/qi1DT.png

Oh really? Exiting to binance for a quick sell and run? Hahaha, i'm just kidding, but that's usually the MO before the site gets shut down.
Hopefully, i'm in the wrong, and they're just using the market fluctuation to get richer

Welcome to the real world. My take:

If, like it was said in this thread a while ago, someone from Freebitco has converted a huge amount of BTC to ETH that would be deposited in Bybit, it can be guessed that this amount was eventually lost to recent attakers of the latter.

Bybit hack did not affect users of the crypto exchange, so even if the freebitco team has converted bitcoin to eth and moved it to bybit before the bybit hack happened, and the eth got drained in the process of the hack, bybit would have returned or replaced all the eth on the account if it was affected which I highly doubt anyway, since the hacker was said to have moved all the eth in a cold wallet storage, the eth hot wallet of the exchange was not affected, and it's possible that freebitco's eth is in the hot wallet and not in the exchange's cold wallet.

And speaking of the freebitco team moving alot of fun tokens to Binance to possibly sell, well, maybe also they are selling it to hold more bitcoin to be able to process btc withdrawals on the site, since almost every user all request withdrawals in BTC and not in fun token.

[Strongkored]

-snip-[/b][/i]

-snip-

Are you gonna fix this wof promotional spins issue this year? 

You're only quoting a post from a few months ago, so you won't get an answer from that account, as the rep has long since stopped replying to every question in this thread.
It seems you no longer need to hope that wof will come back, not this year or next year, because if they will return it they will definitely try to be active again in this forum, so you better be careful if you still have funds here, it is very possible that freebitcoin will closed when their domain expires in a few months

[dimonstration]

Welcome to the real world. My take:

If, like it was said in this thread a while ago, someone from Freebitco has converted a huge amount of BTC to ETH that would be deposited in Bybit, it can be guessed that this amount was eventually lost to recent attakers of the latter.

All the loss ETH of Bybit is now covered by the Bybit reserved funds so there’s no loss for all the users including the deposit of this casino in case they truly committed an exit scam by depleting their token bankroll slowly.

There’s no legit casino that will sell their token bankroll while there’s a lot of negativity surrounding their service.

Their move only show what’s their future action on this casino.

[babygun]

Over these past days, FreeBitco.in has transferred billions of tokens to Binance. Their main holding wallet now only holds 21 million tokens and their hot wallet where they process withdrawals from has a little under 1 million. They typically refill their hot wallet once a week with 5 million tokens, so at this current pace their reserves could be depleted within a month if there is no new inflow of FUN into their wallets.
 

Oh really? Exiting to binance for a quick sell and run? Hahaha, i'm just kidding, but that's usually the MO before the site gets shut down.
Hopefully, i'm in the wrong, and they're just using the market fluctuation to get richer

This doesn't seems like evolving in the right way by doing stuff like this. As you mention, this can be an exit strategy for them to get some more cash before shutting down. I would urge people to really withdraw all their remaining balances as they could stop paying any moment. Sad to see such a great site falling from grace.

[uneng]

Over these past days, FreeBitco.in has transferred billions of tokens to Binance. Their main holding wallet now only holds 21 million tokens and their hot wallet where they process withdrawals from has a little under 1 million. They typically refill their hot wallet once a week with 5 million tokens, so at this current pace their reserves could be depleted within a month if there is no new inflow of FUN into their wallets.
 

Oh really? Exiting to binance for a quick sell and run? Hahaha, i'm just kidding, but that's usually the MO before the site gets shut down.
Hopefully, i'm in the wrong, and they're just using the market fluctuation to get richer

This doesn't seems like evolving in the right way by doing stuff like this. As you mention, this can be an exit strategy for them to get some more cash before shutting down. I would urge people to really withdraw all their remaining balances as they could stop paying any moment. Sad to see such a great site falling from grace.

Is there anyone who still hold large sums of BTC in freebitco.in after all that happened since last year? I guess we had more than enough time to cashout all our funds from this platform before the final colapse, which can happen anytime. The warning above is really serious and shouldn't be ignored by any users. There is nothing else to be expected from freebitco.in. I'm thankful for all good and nostalgic moments I had on this platform, but this is a very disgraceful way to die and to ruin all the good work built along the years.

[Fivestar4everMVP]

Over these past days, FreeBitco.in has transferred billions of tokens to Binance. Their main holding wallet now only holds 21 million tokens and their hot wallet where they process withdrawals from has a little under 1 million. They typically refill their hot wallet once a week with 5 million tokens, so at this current pace their reserves could be depleted within a month if there is no new inflow of FUN into their wallets.
 

Oh really? Exiting to binance for a quick sell and run? Hahaha, i'm just kidding, but that's usually the MO before the site gets shut down.
Hopefully, i'm in the wrong, and they're just using the market fluctuation to get richer

This doesn't seems like evolving in the right way by doing stuff like this. As you mention, this can be an exit strategy for them to get some more cash before shutting down. I would urge people to really withdraw all their remaining balances as they could stop paying any moment. Sad to see such a great site falling from grace.

Freebitco is not falling from grace, they actually have fallen from grace, it's sad really, most especially for the fact that this is one site alot of people trusted, and like I will always say, this was the site that ushered alot of persons into cryptocurrency but allowing them own their very first number of bitcoin Satoshi, it's totally disheartening to imagine the level of reputation and trust the guys behind freebitco threw away in the name of what exactly?

This is not the first time here, i have been saying this ever since this whole issue began, advicing every one to withdraw their funds off freebitco, and only leave minimal funds they can afford to lose and not worry over just incase we all wake up one morning to discover that the site is no longer online.

But I have a question though, if freebitco shuts down, what becomes of fun token?

[hosemary]

But I have a question though, if freebitco shuts down, what becomes of fun token?

FUN token existed even before becoming available on freebitco and as far as I know, it can be used for gambling on DPLAY.
After freebitco shuts down, FUN may drop in price more, but I expect it to be still available on some exchanges.

FUN even has its own website and according to their roadmap (assuming they are not lying), there should be some developments.