The goal of FREE Token is to help further bridge the centralized FreeBitcoins.com altcoin exchange with other DeFi exchanges and to allow users to experience both centralized and decentralized exchanges for free.
The total outstanding supply of FREE at launch is 1,000,000,000 FREE.
50% of all FREE Tokens are being distributed through the faucet located here on FreeBitcoins.com. https://freebitcoins.com/faucet/
40% of all FREE will be held for company liquidity.
5% Goes to Steven Steiner (CEO of FreeBitcoins.com, and author of this blog post!)
Why do I think bridging the FreeBitcoins.com altcoin exchange with Avalanches decentralized exchange is a step in the right direction?
My goal with FreeBitcoins is to allow people to experience new and awesome blockchain technology without having to invest their life savings.
50% of all FREE is given away through our cryptocurrency faucet. At the moment, we are giving away 15 FREE for each captcha solved. This number may be adjusted as demand increases or decreases.
The reason we went with the DeFi on Avalanche is due to its affordability to use. AVAX & FREE is fast and easy for users to use in combination with a MetaMask wallet.
FREE allows for users to arbitrage between our centralized exchange with Bitcoin and Avalanches decentralized exchange with a number of pairs.
Users can FREE liquidity to the Pangolin DeFi exchange and earn fees whenever our FREE token is traded on DeFi. This fourth involves more affordable ecosystems with the FreeBitcoins.com brand.
Good luck and we hope you enjoy! Please be sure not to confuse this token with our other token FBTC on the Ethereum network.
How to get free Wownero in 2022 using FreeBitcoins and Suchwow!
Can I still get free Wownero in 2022?
Yes, you absolutely can still find free Wownero in 2022. Getting free Wownero isn’t as easy as it was in 2020, but it is doable. This blog will cover several different options that users can become involved in the Wownero cryptocurrency without investing “real” money. Learn how to use our Wownero exchange and other privacy-based cryptocurrencies for free using these methods. Remember when we did this post in 2021? Little fancier this year! We also have a blog about our Wownero faucet as well.
Use the cryptocurrency faucet & exchange on FreeBitcoins.com.
I can hear you know, “bitch bitch bitch Faucet bitch bitch”. Bad attitude. These faucets are worth your time, and if your times are that fucking important, I’m not sure why you’re reading an article written by me. The key to using our faucet is joining our affiliate system.
You can use the faucet once per hour, but if you get ten signups that are your affiliate, you could potentially make ten faucet hits per hour without any effort because our faucet pays 1 to 1 for affiliates and their signups.
Sharing our site can earn you much more than you could ever do on your own.
We also recommend self-affiliating one account and using both accounts on the faucet. If you use any more than two accounts, our system may put a hold on your accounts and require you to contact us.
Convert your FreeBitcoins.com faucet and affiliate earnings into Wownero. Then withdrawal.
At this point, you should have a few wallets full of several altcoins in your balance. The trick is selling these coins for Bitcoin and then using those Bitcoins to purchase Wownero.
Thankfully, FreeBitcoins.com offers a full-service altcoin exchange in the very place your earnings were just deposited!!
Go through and sell all of the altcoins until your account has as much Bitcoin as possible. Then access the Wownero market and make your order to purchase Wownero. The Wownero will reflect in your exchange account after the order fills.
If you already have your Wownero wallet installed, this is the point where you can withdrawal the FreeBitcoins.com Wownero to your home wallet. Go to the page withdrawal page and follow the steps. Most withdrawals are processed instantly.
Earning Wownero by making memes
One of the most popular ways to earn Wownero is to create a dank meme and share it with the community at https://suchwow.xyz/
It is entirely free to join and start creating memes. You can also browse memes created by other Wownero users from around the world in multiple languages. I’ve created a few Wownero memes myself and they can be viewed by going to the FreeBitcoins Suchwow.xyz profile page at https://suchwow.xyz/?submitter=freebitcoins.com
FreeBitcoins.com’s exchange provides users with a free Wownero address that can collect meme payments. Signup https://freebitcoins.com/xchange/signup on and get a free Wownero address!
FreeBitcoins Avalanche and Avaware faucet on https://freebitcoins.com/faucet/
This blog will walk you through the basics on how to use FreeBitcoins.com to earn free Avalanche, Avaware, Bitcoin, and other cryptocurrencies!
Editor note: We have launched our own AVAX token called Freebitcoins (FREE). The contract is 0xca7730d239f9fca6d9683b0a62ed1a6c660d7cba and more information can be found here.
How to start earning free Avalanche and Avaware crypto with no money?
Start earning free Avalanche and Avaware simply by having an altcoin exchange account registered here on FreeBitcoins.com. After registering your account, you will be able to use our free cryptocurrency faucet once every hour. The cryptocurrency faucet is basically just a way for us to “leak” a small amount of cryptocurrency into our exchanges ecosystem. Our faucet is located at: https://freebitcoins.com/faucet
Users are able to choose from over 20 different altcoins every hour and have those free coins deposit directly into their exchange account.
We recommend that users consider starting to learn smart contract-based blockchain coins using Avalanche. Avalanche is very similar to Ethereum, but the fees are much cheaper at the moment. For example, we spent $1,500 on Ethereum created FreeBitcoins Token, and if we had used Avalanche, it would have been about $15! ETH is great for some people, but AVAX is perfect for others who don’t have a spare $1,500 laying around!
What are the steps to get a start using FreeBitcoins.com to earn free Avalanche and Avaware?
If you have any problems with any of these steps, please reach out to the FreeBitcoins.com support team by opening a support ticket at: https://freebitcoins.supportsystem.com/
We answer support tickets within minutes often, and at the very worst, you may have to wait 24 hours for a response. FreeBitcoins.com prides our ability to maintain and respond to support tickets swiftly, but the chance are those four steps will work for you!
I have coins! I have my first free cryptocurrency. Now what?
The world is your oyster at this point!!! No, just kidding, but all most. At this point, you only have a micro amount of cryptocurrency. It likely isn’t even enough to trade yet.
You should keep using the faucet once every hour and build up your balance until you can trade. The goal of this website is for you to eventually withdraw your own coins to your own private keys.
We recommend learning how to withdrawal a cryptocurrency like Clamcoin before trying to learn how to withdrawal Bitcoin. CLAM only costs 0.01 CLAM to make a blockchain transaction. Bitcoin can cost up to 0.0003 BTC! Take the Bitcoin you earn for free, buy CLAM, and withdraw the CLAM on the blockchain for almost free! (Check out Just-Dice.com, it’s a fun dice game that uses Clamcoin only! You can convert the CLAM you win for Bitcoin using our FreeBitcoins Clamcoin exchange.)
A general rule in cryptocurrency is that “He who owns the private keys, owns the coins.” So, I strongly suggest downloading your own wallet, installing Metamask, and buying a physical Trezor device!
Where can I learn more about Avalanche and Avaware?
Avalanche is the main guts of everything in this article, so you should absolutely take the time to learn about Avalanche first. This of Avalanche as like the Ethereum and Avaware is like some token on Etheruem.
The official Avalanche cryptocurrency website can be found on this webpage: https://www.avax.network/
Avalanche claims to have recently raised $250,000,000! We hope that they use some of that money to invest in a real .com domain! 😉
The official website for Avaware is https://avaware.network/, and we hope they earn enough money someday to eventually join the .com world as well!
What is the best route for the user to go that is interested in trading cryptocurrency in 2021? Should you choose a traditional centralized exchange, or select one of these new fancy “Defi” aka “Decentralized” Finance Exchanges. This article will explore the main difference between trading Avalanche on a centralized exchange, like FreeBitcoins.com/xchange, vs. a decentralized exchange, like Pangolin.
Before you even start reading, I want to let you know that you can get free Avalanche, Avaware, Bitcoin, and lots of other cryptocurrencies from the FreeBitcoins faucet located at: https://freebitcoins.com/faucet/
What is the cryptocurrency Avalanche?
Avalanche (AVAX) is basically just another smart contract Ethereum like coin brought to my attention by my partner over the past few weeks [EDIT: My partner doesn’t agree with this sentence, read what he has to say here.]. Recently, our team launched FreeBitcoins Token on the Ethereum network, and we spent over $1,500 worth of Ethereum to do so!!! As you can imagine, burning $1,500 isn’t exactly a good day in the office at our small company! However, Avalanche allows our team to learn intelligent contracts at a much cheaper rate at the moment.
My main bitch with all these “Smart contracts of the week” coins is that it seems to me when any of these blockchains get any hint of success… they will be in the exact same spot Ethereum is in now with their high fees and long waits!!!!!!
But I digress. People like smart contracts, so let’s break down the best and worst ways to buy, sell, trade, and otherwise dink around with a cryptocurrency like Avalanche! I do think they are kind of fun as well. 🙂
Please be sure to check out Tip.Blue to get an idea of what kind of projects can be built on the Avalanche network.
The Two Avalanche (AVAX) Exchanges We Are Comparing Today
Today, we will be comparing the centralized exchange here on FreeBitcoins.com to the Defi exchange located on Pangolin.
Screenshot of the trade page for Avaware and Tip.Blue on the Pangolin Defi exchange.
The Main Difference Between FreeBitcoins Exchange and Pangolin
The main difference between a centralized Avalanche exchange and a decentralized Avalanche exchange is that users can only provide one side of the books at a time on a centralized exchange. With a decentralized exchange, users are required to give both sides of the book.
Example: A user has 10 Avalanche that they wish to provide to the market for liquidity on the books. The user wishes to add this liquidity to an Avalanche / Bitcoin marketplace.
FreeBitcoins.com Centralized exchange: The users set a “limit order” at the price point they wish to sell the 10 Avalanche. These Avalanche are then added to the exchanges ask.
Pangolin Defi exchange: The user must provide the equivalent of Bitcoin that matches the 10 Avalanche that they wish to sell. After the users provide 10 Avalanche and the equivalent amount of Bitcoin. The user’s liquidity is added to both sides of the books.
Pros and Cons:
Pro- FreeBitcoins.com’s centralized exchange allows you to make an AVAX market only using a single coin. This is good if you want to sell AVAX for Bitcoin and not necessarily buy AVAX in return.
Pro- Pangolin Defi exchange requires that users provide liquidity on both sides of the books. This makes the books nice and “even” for buyers and sellers to have the liquidity to trade quickly. In addition, it’s straightforward to use for users.
Pro or Con- Pangolin requires you to diversify your coin portfolio. I’m not a fan, but a lot of people like to hold this and that. I get it!
Con- FreeBitcoins.com requires users who wish to play both sides of the book to use the exchanges API. The API is legit but isn’t for noobs and can be dangerous. (Our exchanges API can be found here: https://github.com/FreeBitcoins-com/docs.)
Centralized and Defi Exchange Fees
FreeBitcoins.com exchanges fees are 0.2%.
FreeBitcoins offers an affiliate program that shares 50% of these fees for life with affiliates on all of their signups.
**Once you deposit on FreeBitcoins.com, you only pay this fee until you choose to withdrawal your coins. Then you pay a network fee! This keeps the stress of the network and helps things run smoothly.**
Pangolin exchange fees are 0.3%.
There is no affiliate system on Pangolin that we are aware of.
**Every time you add liquidity or make a trade on Pangolin, you create multiple transactions on the Blockchain. These network costs are not a part of the 0.3% exchange fee. This is the reason Ethereum network fees are so crazy right now. The network is crazy stressed.**
Code and Owner Risk Comparison – Centralized VS Defi
There is a common misconception that Defi exchanges are trustless and intelligent contract tokens are trustless as well.
This is absolutely NOT true. Unfortunately, as users, we are still forced to trust individual(s) who wrote and maintained the contracts that both these exchanges and their tokens operate on.
Decentralized does NOT mean trustless.
Flaws in code are something that both Centralized Exchange and Defi exchanges are also at risk for. Still, the big difference is that Centralized Exchanges don’t make their code public as Defi exchanges do.
It’s best to have perfect code, but the best thing to do with code that isn’t perfect is to hide it.
That being said… centralized exchanges have faced loss after loss in the cryptocurrency space since the beginning. Google “Bitcoin exchange hack” or “Bitcoin exchange theft,” and you’ll have weeks of entertaining reading!
Conclusion
There are advantages and disadvantages to everything in life. Choosing what is correct and most accessible for you can be difficult.
Avalanche and its Defi exchanges have a lot of delightful user-friendly tools using the Metamask browser wallet. Still, I think overall… a solid Bitcoin-based centralized exchange is going to be hard for Defi to beat long term.
Centralized exchanges provide easy-to-use platforms, traditional login methods, customer service, and the ability to add liquidity to the books using one coin at a time.
Is there a cap on how much affiliates can get paid, how fast and how long do I get paid?
There is no cap on how much affiliates can earn.
Affiliates are paid instantly for faucet hits and every 15 minutes for exchange trades (swaps as well).
Affiliates earn on their referrals for the life of the account.
How to post FreeBitcoins.com links on social media if banned? (Facebook, Instagram, Twitter, and more)
Social media loves banning FreeBitcoins.com links for no reason because of the large Twitter hacker. AltQuick.com links work great, though.
To avoid FreeBitcoins bans, we recommend using a service like https://linktr.ee/.
The way we do it is to create two accounts and have the first account LinkTree account link over to the second LinkTree account; that is where the FreeBitcoins.com link is.
“Affiliate marketing is the process by which an affiliate earns a commission for marketing another person’s or company’s products.” According to https://www.bigcommerce.com/
We give you a special FreeBitcoins.com link that is unique to your account. You share this link wherever you want as long as it’s legal. When people click your link, they become your affiliate. You will then earn from their accounts activity.
At the moment we pay 50% for trade fees on our altcoin exchange and swap. The faucet pays 100% of whatever free cryptocurrency they earn. Payouts for trading are every 15 minutes, but the faucet hits payout basically instantly. If your person earns 10 satoshi for free through the faucet, so will you. Easy as that!.
FreeBitcoins.com is pleased to announce that we will soon be dropping our very own Ethereum token! The creation of this token will allow us to easily distribute tokens for free to users all over the world through the use of our free cryptocurrency tool.
Users will be able to receive FreeBitcoins.com Token for absolutely free and will be able to trade it for Bitcoin using the FreeBitcoins centralized exchange or the decentralized token exchanges such as Uniswap! We believe this builds an interesting bridge between FreeBitcoins exchange and many of the new decentralized exchanges.
The FreeBitcoins Token will also have the ability to stake. Staking basically means that coins earn coins by being locked up.
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FreeBitcoins.com is a USA company that maintains a full-serve automated altcoin exchange that allows users to exchange altcoins to Bitcoin safely and easily. Users can trade their Bitcoin to other altcoins as well. Right now, FreeBitcoins.com supports trading for 22 different cryptocurrencies. FreeBitcoins maintains wallets for 42Coin, Bitcoin, Bitcoin Cash, Bitcoins SV, Chia, Clamcoin, DASH, Digibyte, Dogecoin, Etherium, Florincoin, Gapcoin, Hive, Litecoin, Mazacoin, Namecoin, Monero, Particl, Qtum, Rhombus, Wownero, and ZCash.
Signing up
Sign up on FreeBitcoins is extremely fast and noninvasive. Because FreeBitcoins does not support fiat or anything that attempts to act like fiat, FreeBitcoins is not required to KYC customers at this time. This makes the signup process a breeze. Signing up takes around 30 seconds.
We strongly recommend attaching an email account to your account, but it is not required. You will not be able to add an email account later and you will not be able to reset/recover your password if there isn’t an email account attached to your account… this is a security feature, not a flaw.
Funding Your Account
Right now, FreeBitcoins.com exchange accounts can only be funded with cryptocurrency. There are two ways to fund your new FreeBitcoins.com exchange account.
1. Use the FreeBitcoins.com free cryptocurrency faucet. Our faucet will deposit a small amount of cryptocurrency directly into your exchange account.
2. The second way to deposit into your FreeBitcoins exchange account is by using cryptocurrency. We support twenty-two different cryptocurrencies on our deposit page. Click “Generate” on the coin you wish to deposit, then copy and paste the address given. You will see your deposit almost immediately at the bottom of the page. You should not have to refresh the screen or anything to see your deposit or for the confirmations to confirm properly.
How to withdrawal from FreeBitcoins.com?
Withdrawal is arguably the most important part of any cryptocurrency trading! It doesn’t matter if you earned 500 Bitcoins and some sketchy altcoin exchange won’t let you withdraw your coins! FreeBitcoins.com is dedicated to the vast majority of our withdrawals being completely automated and instantly.
FreeBitcoins.com allows users to withdraw coins to any cryptocurrency address they want to. This means that FreeBitcoins users can withdraw Bitcoin to Coinbase, Gemini, CashApp, Wasabi Wallet, or any other Bitcoin service they desire and they can do it instantly.
Enter the number of coins you wish to withdraw, the address to wish to withdrawal to, and then your 2fa if 2fa is set on your account. Each coin has a different fee for withdrawing.
A history of your accounts withdrawals is shown at the bottom of this page as well!
The difference between Wownero and Monero is that Monero is much more serious & has way more talent than Wownero! But seriously, Wownero is more a meme-based privacy cryptocurrency and Monero is a serious cryptocurrency.
FreeBitcoins.com supports a Bitcoin market for both WOW and XMR.
https://i.ibb.co/vDzt8Ck/FREE-Tokenomics.png
