Safest Method To Earn Daily Interest On Your Bitcoins!
If you own bitcoins then I highly recommend that you follow this guide to instantly start earning compounding interest on your bitcoin balance and do it all with very little risk. I want to start out by telling you that I do not support the vast majority of the “bitcoin investment” sites but this is not an investment site.. I’m talking about FreeBitco.in
FreeBitco.in is one of the oldest bitcoin faucet sites as well as one of the most trusted faucet/game/lottery sites in the crypto community and they have been online since 2013.
Below is a cut from the daily interest FAQ page on FreeBitco.in…
Your FreeBitco.in account is now also a bitcoin savings wallet!
Receive compounded daily interest on any balance that you hold in your FreeBitco.in account, without doing anything.
All you need to do is maintain a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in account and we shall pay you compounded interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish. Treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance everyday.ANNUAL INTEREST RATE = 4.08%
Daily interest will be calculated at a random time everyday @ 0.0109589% per day and rounded down to the nearest satoshi.
When is the daily interest credited?
We calculate the interest on your account balance daily and credit it at a random time every day. If the interest would be credited at a fixed time everyday, people would be able to game the system by depositing before the credit time and then withdrawing after they receive their interest. To avoid this, the daily interest is calculated and credited at a random time everyday.
How do you make money to pay us interest?
When you hold money in your FreeBitco.in account, we split it into 3 parts – the first part is used to cover user withdrawals, the second part is used to bankroll our MULTIPLY BTC game and the third part is used to expand our bitcoin mining operation (which is currently 9.065 Petahashes or 0.068% of the total hashpower of the bitcoin network). We make a profit and assume the full risks of our businesses and in return for you saving your money with us, we give you a risk-free fixed rate of return.
Is there a lock-in period or minimum investment period before I start earning interest?
No! You start earning interest from the first day itself. There is no lock-in period, you can withdraw your bitcoins anytime you wish by using the WITHDRAW button at the top of the page. We always keep enough reserves to satisfy all withdrawals.
Will the interest rate be fixed forever or can it change?
We may change the interest rate in the future if circumstances change. However, we shall communicate all rate changes at least 30 days in advance via the website and our twitter account (https://twitter.com/freebitco).
How can I trust you with my money?
We have been in business since 2013 and are one of the most popular bitcoin websites (check our Alexa rank here). Our users have deposited thousands of bitcoins and we have paid out tens of thousands of bitcoins over the years. We have also published proof of our mining operation above which can be used to monitor the mining payments we receive. We would recommend that you start saving small amounts first until we have earned your trust after which you can save larger amounts with us if you feel comfortable doing so.
How can I keep my account secure to protect my savings?
It is extremely important that you secure your account if you decide to hold a significant balance with us. Change your account password to a strong random one with at least 15 characters and never ever share that password with anyone or re-use it with another website or service. Then activate 2-factor authentication and write down the secret key on a piece of paper to back it up since we do not reset 2-factor authentication under any circumstances (you lose your phone, reset it etc.). Both of these can be done by accessing the PROFILE page from the menu above.