4% return - compounded DAILY

[xz0708]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

[arallmuus]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

Its not 4% daily but 4% anually ( every year ) but you will get your interest daily. It breaks down to around 0.011% everyday and if you keep on compunding it, it will hit around 4% anually. Not a sweet deal but if you got something to put in then its all good but I wouldnt really recommend to put in big amount just for the sake of getting 4% anually

They even put it up on their website about this



Please lock down this thread once you find satisfied answer to that

[LimLims]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

The site no doubt is legit.
But i guess what arallmuus said you got it?
Basically the intrest provided by the site is Annually not and not only daily basis.
Moreover if you want same kind of investment, i would rather recommend you to open an intrest account at Blockchain wallet they too have almost the same rate of interest annually and is more trusted according to me.
Hope this helps you OP.

[pungopete468]

That's right OP it's legitimate but just like what arallmuus it's an annual interest (yearly) it's like in bank but if I'm not mistaken the interest on bank has a lower interest rate. To LimLims I didn't know that blockchain offers that maybe I'm not aware since I am not fan of using online wallets that doesn't allow you to hold your private key.

[Cacingkemi]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

If you get a return of 4% per day, will there also be a disadvantage? Nothing in the world is for free. There are always risks involved.

[BlackFor3st]

Giving 4% daily interest will kill their profit for sure as it will end up to 120% monthly base on 30 days calendar period. But one
of the members already give the clarification that instead of 4% daily, it is 4% annually which is pretty small which can be compared
to banks interest.

If you are looking for a good amount of interest then you can try the big exchanges like Binance as they offer staking or you can do
some research on where to find a better platform that will give you a better profit if you are going to stake your money.

[Fredomago]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

If you get a return of 4% per day, will there also be a disadvantage? Nothing in the world is for free. There are always risks involved.

In terms of realizations  such offer is impossible  to sustain  more on ponzi schemes  to attract investors to put in  their money,  there's  no  way that  the business  will continue  providing  such huge amounts  of investors  interest  after placing  their money,  more on  a risky  sides if ever you find something  who  offers  this kind of promises.

Moving  back  to the topic, the question  was been answered right away,  it's not 4% daily  as how OP think of it. Not a good way  of investing  your money  if its not spared  but for passive  income  4% annually  still growth  overall its up to you  if you are willing to take the risk.

[Quidat]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

Since its had been mentioned above that this do talks about annual or yearly gain or interest of your deposit then lets talk about on that 4%/day
thing where you would really think that it will really be a good offer in the first place yet 120% in a month will be your gain.
No business on this world would really be offering such return and if you do think up carefully then you would really have second thoughts
and minding to check out that this is a yearly basis interest which i cant say it isnt bad after all rather than gaining 1-2% APY in banks
but well the risk isnt really that appealing.

[pixie85]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

If you get a return of 4% per day, will there also be a disadvantage? Nothing in the world is for free. There are always risks involved.

It's not per day. Yo have to read the post right below OP. It's all explained there.

4% per day is never legit. That would be 120% a month. Only ponzi schemes can offer that much. If it was legit nobody would be trading anymore as most traders barely make 10% a month. People who could earn 120% without lifting a finger would just put 0.1 bitcoin there and quit their day jobs.

[jossiel]

If you get a return of 4% per day, will there also be a disadvantage? Nothing in the world is for free. There are always risks involved.

Sure that there is a big disadvantage.

You might not receive that promised daily return as most of those offers are likely to be a scam. But freebitco.in is a legit casino and they wouldn't give an unreal percentage. And the same as the banks which I usually check their interest rates, others are finding it that it's like a daily or monthly percentage of profit and miscalculate the profit until they ask the support and understands it that it is an annual rate.

All clear that it is an annual rate.

[arwin100]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

If you get a return of 4% per day, will there also be a disadvantage? Nothing in the world is for free. There are always risks involved.

It's not per day. Yo have to read the post right below OP. It's all explained there.

4% per day is never legit. That would be 120% a month. Only ponzi schemes can offer that much. If it was legit nobody would be trading anymore as most traders barely make 10% a month. People who could earn 120% without lifting a finger would just put 0.1 bitcoin there and quit their day jobs.

You didn't read his post and decide to cut it and actually he doesn't mean about 4% a day since he also clarifies the post of other user that it's 4% annually.

And I agree with you on your words since imagine 4% daily profits can get by depositors for sure it will never be sustainable to any platform and only scammers are really offering that.

But since there are so many answers provided better for OP to close the thread to avoid any discussion which totally not needed anymore here.

[fortunecrypto]

It's not per day. Yo have to read the post right below OP. It's all explained there.

4% per day is never legit. That would be 120% a month. Only ponzi schemes can offer that much. If it was legit nobody would be trading anymore as most traders barely make 10% a month. People who could earn 120% without lifting a finger would just put 0.1 bitcoin there and quit their day jobs.

OP obviously misunderstood the plan, I would mark the site HYIP or Ponzi scheme if it is 4% daily because it's not sustainable not even a big company or a bank can give you 4% daily interest but 4% annually with compounding is just right and sustainable I have never seen a site that can sustain even 3% daily interest I remember seeing a lot of program offering 3% and they are all reported and within a month the program was offline.

[cherryganda]

Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

Are you sure about this, if it is 4% that is 48% in 1 year and that is big and very favorable for the investor?
But I think, you just misunderstood dude, because as far as I know, 4% is good for 1 year. But I'm not exactly sure if it is
compounded. 

[stadus]

I thought it was another scam platform, 4% daily is an automatic scam, good that OP was corrected.

freebitco.in is a legit site, been operating for many years, they would not offer something that will make them look a ponzi scheme.

[robelneo]

FYI Freebitcoin is not the only one offering this kind of plan I  have  Abra an exchange that operates in over 150 plus countries and they offer 4% annually on some of the coins that you deposited in their platform, it's sustainable,although I have not avail of the plan because I want to always in control of my coins in my custodial wallet.

The offer is sustainable and legit, a legit program will not offer 4% daily, if they do, people will be in a hurry to post them in the scam section.

[samcrypto]

I thought it was another scam platform, 4% daily is an automatic scam, good that OP was corrected.

freebitco.in is a legit site, been operating for many years, they would not offer something that will make them look a ponzi scheme.

Usually scammers are offering this kind of promise return in just a period of time but Freebitco.in is not a scam site so I think there's a misunderstanding here and there's no legit site that will offer this program because this is a lot of money and casinos will lose if they implement this one. There's a big difference on the terms of annually and daily, we don't want to kill the excitement but yeah this is the reality.

[Lorence.xD]

FYI Freebitcoin is not the only one offering this kind of plan I  have  Abra an exchange that operates in over 150 plus countries and they offer 4% annually on some of the coins that you deposited in their platform, it's sustainable,although I have not avail of the plan because I want to always in control of my coins in my custodial wallet.

The offer is sustainable and legit, a legit program will not offer 4% daily, if they do, people will be in a hurry to post them in the scam section.

I was shocked when I saw the title, good thing I knew that Freebitcoin is a trusted and reliable site and that other people corrected OP. It is a common sense that it will be impossible to sustain that kind of offer to their customers. If you ever see one offer 4% daily, make sure to let them say it again to confirm because they might have misunderstood too, and if it is a repeat then chances are, it is HYIP.

[Wexnident]

Well, it was right to doubt if you thought it was daily, but it isn't lucky enough. I doubted my eyes at first since freebitco.in is quite an old faucet/gambling site. I even played on it way back then, got a few withdrawals here and there but it only amounted to small ones. Any site, no matter what, if offered a 4% return daily, should really be doubted since there's probably strings attached to that deal, ones that you might not notice at a first glance.

[Yudhisthir]

Freebitcoin has been one of the longest standing faucet at the moment. They started just as faucet, added the dice, added the interest bearing wallet and now even the sports and event betting. I also used them as my bitcoin wallet for some time as it's fees were cheaper than most others, provided interest and let withdraw to any wallet, even to multiple wallets within a minute. The reason I left it because everytime I put my coins for the interest, I always ended up gambling it away. Always wished it had separate wallet or maybe a locked one for interest and a separate one for the gambling.

[death69]

It is not a daily interest, it is annual interest. 4% is a small number compare to banks in my country. Some of them offer more than 6% a year.

It is your decision to choose their services. Freebitco.in is no doubt a legit website. They have been around for many years. Back in 2014, I used to earn bitcoin with their faucet and it was quite interesting. Now, I dont have much time to do it everyday. I have many other ways to earn money which is better

4% is small and personally I will not take their services.