Last time, I informed everyone about what my posts for this month are going to be. So I’m so excited to share with you a new way to earn interest from your Bitcoin passively. If you don’t know yet what Bitcoin is you can refer to my Bitcoin Category in this blog.
There are so many ways to earn Bitcoins but some of them are risky. For some people, they know for a fact that the Bitcoin price is very unpredictable. So it’s quite hard to take risks in trading them. I’m actually trading small amounts of Bitcoin but I can’t afford trading higher amounts because I’m quite afraid in losing it. But that is one of the most profitable way to earn Bitcoin if you’re a good trader. It can also be risky because there are some websites that promise high returns in just a day or so. I was once scammed with those kind of schemes twice. The thing is they would pay you once just to engage you in investing more but they shut down the sites after a while.
But in the past three or four years, I have used a site that offers a bitcoin faucet(check out the top 5 bitcoin faucet that I use) and provides interests on your balance. Just a quick description of what a bitcoin faucet is — it’s a site that offers you free bitcoins but in a very small amount. These website gets revenue from ads and captchas that they run on the site, so for users to keep visiting their site they share a small amount of their revenue from the visitors.
That site I’m talking about is Freebitco.in . I’ve been using this site for over three years now and I have already withdrawn 0.09150670 BTC without any investment. That’s more than 45K PHP if you’ll convert it using the current price rate. But I spent them all for nonsense stuff way back.
And take note I’ve been using it for over 3 years, so it must’ve been a lot of effort. Back then I’ve been claiming free BTC every hour whenever I remembered but since they added a new feature that gives an interest with your balance I decided to save some bitcoins there. I also did a small amount of deposit recently but I’m planning to grow them after my son’s upcoming school expenses.
This site is totally legit, you can try reading reviews about this site and you’ll see how good the feedback about Freebitco.in
So below you’ll see my personal stats from this website. I got my withdrawn balance transferred to my Coins.ph account(which is a bitcoin wallet in the Philippines) and spent them for load and bills payment.
You can earn bitcoins from freebitco.in by :
- Claiming bitcoin every hour
- Playing Hi-Lo Betting games
- Passive interest on the balance
- Joining the lottery
- Getting referrals
- and earning reward points which is convertible to stuff or bitcoins.
Our focus right now is earning passive interest on your account balance. This interest is not that much but I believe would be better than nothing at all.
If you are buying bitcoin and just keeping it while waiting for the right time in selling it, then this is a good way in storing your bitcoin rather than putting it on your wallet without interest at all.
So how do we get started?
First of all, you need to register. Registration is for free and I can definitely assure you that this is the best site and legitimate site ever. All you have to do is click here to register.
(All investing sites I used before had closed but this one remains)
On the registration part, all it asks is the email and password. You can add your withdrawal bitcoin address once you have an account.
Once you have an account, you can use their bitcoin faucet to claim free bitcoin every hour. However, you can start earning daily interest only when you reached 0.0003 BTC. It may take a while if you’ll depend on the faucet. Since the price of bitcoin is now too high, the amount that you can get from the faucet is too low. And just so you know their free bitcoin giveaway amount is depending on the current price of Bitcoin.
Anyways, my suggestion is to do a deposit and at the same time claim your free bitcoin every hour. Each claim also provides you 2 lottery tickets and 2 reward points. These points are much higher during weekends. If you are using coins.ph .0003 BTC is just about 150 PHP. Which you can send on your accounts designated deposit address. Check the sample below:
The annual interest rate is 4.08% and they credit it on a daily basis based on your previous day balance. So the interests that you can earn goes up every day whenever your balance goes up. Let’s take a look at my previous interest earned.
I usually had an auto-withdrawal before but I ceased that since I found out about this. Right now, the interest I’m getting is not that pleasing but I’ll add more money once the upcoming school expenses are cleared.
They also have this interest calculator:
So if the conversion of BTC is 500000 PHP= 1BTC
Account Balance: 0.01BTC*500000 = 5000 PHP
Daily Interest: 0.00000109BTC*500000 = .545 PHP
Monthly Interest: 0.00003292*500000 = 16.49 PHP
Yearly Interest: 0.00040805BTC*500000 = 204.025 PHP
If you’ll think about it, the interest you’ll get is higher than the usual savings account. At the same time, you can take advantage of buying and depositing bitcoins when the price is low and withdraw when the price is high.
There are websites that offer higher interest rates but not highly attainable for them so they end up shutting the website. But with Freebitco.in, the interest is highly attainable for them and close to reality. This site is not a scam at all and I fully trust them with all my heart. If you wanted to take advantage of this create your wallet and sign up for freebitcoin now.
You can also invite your friends using your own referral link to earn more.
Hope this helps. Don’t forget to Subscribe for more updates.