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News

Learn about Clamcoin and how to trade or exchange it in 2022 Safely

Trading and Exchanging in Clamcoin

You already own a Clamcoin (CLAM) if you had a Bitcoin, Dogecoin, or Litecoin in your crypto wallet on the 12th of May, 2014. It sounds surprising, right!  CLAM was the first cryptocurrency to use a snapshot of all the private keys in use and reward them with a proof of stake coin.  This makes Clamcoin a Proof of Stake coin that is based on Proof of Work!

Created by FreeBitcoins.com’s CTO, Scott Llewellyn in 2014, Clamcoin was distributed among all crypto enthusiasts having BTC, DOGE, or LTC in their cryptocurrency address.  The way this was accomplished is that all three of these cryptocurrencies use SHA-256 and this means that all of their addresses have the same private keys, but different public keys!  Each BTC, DOGE, & LTC address that held a coin balance over “dust” was gifted 4.60545574 CLAMS for free that will never expire and can still be claimed today!  Ever since Clamcoins introduction in the cryptocurrency industry, this CLAM crypto has been making buzz across many controversies that have caused the price to fall over the past few years. For example, CLAM was used to hack Poloniex.com users for over 1,800 Bitcoins!  However, CLAM and the Clammunity have stepped up and the future for Clamcoin looks bright in 2022.

In case you don’t know much about Clamcoin, read ahead to learn more about its software, its platform and how you can trade in Clamcoin on the FreeBitcoins platform.

What is Clamcoin (CLAM)?

CLAM is a form of digital currency that can be easily developed, shared, and verified by the computer having the CLAM software installed in it. The technological setup of this digital asset is similar to that of bitcoin. Its network follows a strict protocol for ensuring consensus maintenance and verification.

On the other hand, Clamcoin is an innovative and decentralized payment network that is based on the original bitcoin code. The network uses a proof-of-stake consensus mechanism along with blockchain technology to manage its transactions.  This means that Clamcoin secures itself with its own coins rather than physical miners.  Coins earn coins in CLAM.

On this platform, you can even make a transaction using other cryptocurrencies including Bitcoin, Dogecoin, and Litecoin. As mentioned earlier, these coins have been circulated among all active users of Bitcoin, Dogecoin, and Litecoin.  CLAM is proof of stake that is based on proof of work.  Most POS coins are exactly that POS’s (Piece of shits), but CLAM has a backing based on proof of work and we loved that from the beginning!

What is CLAM software?

Similarly, CLAM software is easily accessible to everyone, and one can make anything on that system as well. Unlike other famous platforms, the CLAM platform provides an equal distribution system.

This equal distribution system gives all its users some of the best possible services on this platform. The initial distribution and ongoing distribution are both included in the equal distribution. Another special characteristic about this token network is that it gets bigger and stronger as more and more users join it.

As mentioned earlier, the CLAM network employs proof-of-stake (PoS) technology in its ongoing distribution system. In other words, you can dig fresh coins by staking this digital asset in order to secure the network. Further, to process the tokens, this network selects one of the runnings unlocked clients. The process is executed in the background where you, as a client, stand an opportunity to earn 1 CLAM on each Block found on the blockchain.  Blockchain times are roughly 1 minute each block, so 1 CLAM will be created every minute forever.

Moreover, the CLAM network has been developed by its founders with the most extensive digital value distribution. Apart from all these things, CLAM holds the recognition of being the first crypto in the industry to use proof-of-chain technology. 

How can you get these coins into your account?

All the users who had Bitcoin, Dogecoin, or Litecoin on the date of May 12th, 2014, then most likely you would have also received Clamcoin on your address as more than three million account holders were rewarded with this crypto on its creation. Unlike many other cryptocurrencies in which you have to mine these coins to get more of them, you would have to dig Clamcoin to make more out of them. 

Similarly, you can try out CLAM client and earn Clamcoin in your account. As mentioned earlier, this network would select one of its running unlocked clients to process CLAM transactions. The process generally takes place in the background where you, as a client, stand an opportunity to earn 1 CLAM on your selection.

Further, you can also make use of the automated digging tool available on the CLAMclient. Once you make use of this tool, CLAM client will look at your crypto wallet, and start digging up hidden change addresses that your crypto wallet would contain.

In the same way, you can go to Just-Dice.com, and claim your free Clamcoins by using its digging services that are available in its chatbox. You just have to follow these simple steps to grab your favorite cryptos: Go to the Just-Dice.com, and tap on its “chat” icon. After clicking on the chatbox, simply just mention “dig”, and then follow the instructions.

Apart from all these options, you can go for a faucet that would give you Clamcoin (though in small quantities) in the form of a reward in case you complete certain tasks. Usually, the faucet provides free drops after successful completion of tasks that are nearly equal to 0.00001000 CLAM.

Trading in Clamcoins on FreeBitcoins.com

FreeBitcoins allows you to buy and sell Clamcoins very easily. Users can get themselves register with the FreeBitcoins exchange (XChange), and get a free Clamcoin (CLAM) wallet address in return. Once they have registered their user name, they just have to tap on the “Deposit” button located on the top of the exchange page and create their free CLAM address, which would be useful for deposits and withdrawals.

Other than that, you can use the FreeBitcoins CLAM faucet, and get some free Clamcoins in your account. All you have to do is to sign up for the exchange and click the “Faucet” link available at the bottom of any FreeBitcoins.com page. Adhere to the simple instructions located on that page, and if everything goes as planned, you would get 0.01 CLAM directly in your exchange account.

FreeBitcoins exchange (XChange) gives all the members of the CLAM community (also called the “Clammunity”) to collect and trade altcoins in exchange for Clamcoin. Therefore, you can have your desired altcoins in your crypto wallet by just exchanging them with Clamcoins for free.

Conclusion

The use of blockchain technology has ushered in a new era in the crypto industry with the introduction of Bitcoin. This same technology has been used to make CLAM, which is free, widely accessible, and open-sourced. Though there are many crypto assets launched in recent times, however, this digital coin is an extremely innovative alteration of the Bitcoin code.

The usage of a combined computing power network helps in creating and maintaining the blockchain technology through which the execution of transactions involving Clamcoins could take place. Unlike many other financial systems including banks, CLAM does not make use of any middlemen. Having said that, crypto enthusiasts consider it simply to be a network free from inconvenience.Trading in this crypto has never been safer and more anonymous than it is now. You can buy, sell, and exchange these digital assets with your favorite crypto easily on the FreeBitcoins exchange. Since this exchange provides a better trading experience to its users when compared to other altcoin exchanges, Bittrex, or Poloniex, we would recommend you to come and give FreeBitcoins.com’s altcoin exchange a try once!  I bet you like it!!!!

Thanks for reading and have a great day.

We hope to see you trading and exchanging Clamcoin soon on FreeBitcoins.com! https://freebitcoins.com/xchange/market/Clamcoin

Categories
Listing

Trade Curecoins For Bitcoin On The Free Bitcoins Exchange (XChange)

FreeBitcoins is happy to announce that our Curecoin exchange is now live for trading. We allow users from all over the world to trade Curecoin with Bitcoin and not violate their privacy while doing so! Users will soon be able to earn free Curecoin from our Faucet, and this will allow anyone to try our altcoin exchange for free. Of course, people are still invited to use our Faucet, then use those faucet proceeds to buy Curecoin.

https://freebitcoins.com/xchange/ – No KYC. Bitcoin pairs only. No fiat or stable coins. Allows Curecoin traders to exchange within the cryptocurrency world and maintain a certain level of their privacy due to no KYC. No KYC protects users from data leaks and allows users to use our site despite being too poor or mentally challenged to get a proper ID or home data. Those are people that FreeBitcoins.com aims to help.

https://bittrex.com/Market/Index?MarketName=BTC-CURE – Bittrex is a long-standing Altcoin exchange I have personally used for years. Their website isn’t terrible, but it runs a little “clunky.” Bittrex requires KYC. This means they want your social security, ID, and information about your home (electric bill, etc.). They only offer a Bitcoin market for Curecoin, but after you have Bitcoin on Bittrex, you can trade it for stablecoins and fiat. I’ve never used fiat on Bittrex, but their Bitcoin stuff has worked in the past. There are some fairly negative reports about Bittrex freezing customers’ money and demanding info (picture).

Earn Curecoin Inviting Friends (FreeBitcoins Affiliate Program)- 50% For Life On Trade Fees!

Another great thing about FreeBitcoins.com is our affiliate system. After you sign up, you can visit the link above and find your unique URL link when you share this link with others and they signup on our website. You will earn 50% of all of their trade fees and 100% on any faucet hit your affiliate hits.

Affiliates are paid a commission split for the lifetime of their signups.

Affiliates earn 100% of all faucet hits. EXAMPLE: If your signup earns 0.01 CLAM from our Faucet. You will make 0.01 CLAM too.

Affiliates earn 50% of all Swap fees. EXAMPLE: If your signup trades 1 Bitcoin on Swap. You will earn 0.005 BTC due to trade fees being 1% on Swap.

Affiliates earn 50% of all XChange fees. EXAMPLE: If your signup trades 1 Bitcoin on XChange. You will earn 0.001 BTC due to trade fees being 0.2% on XChange.

You can find free affiliate banners to use in combination with your affiliate link at this blog post: https://freebitcoins.com/blog/freebitcoins-affiliate-banners/

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News

How To Earn Free Avalanche (AVAX) Using FreeBitcoins Faucet?

Avalanche (AVAX) is one of the hottest cryptocurrencies in 2021 and 2022. FreeBitcoins.com is honored to be able to give out free AVAX to our users for several months now. This blog post hopefully will teach you how to easily use our website, earn your own AVAX, and withdrawal them!

1. Create your FreeBitcoins XChange account.

Link: https://freebitcoins.com/xchange/signup

You will need to create an account on the FreeBitcoins exchange (which we call XChange in honor of the creator of it.) Our XChange is a full-service altcoin exchange with a Bitcoin-only base. There are no stable coins or fiat on our XChange. This allows users to have a bit of privacy while trading in the “Cryptocurrency world”.

FreeBitcoins.com signup page to register a new account.  Accounts are then able to use the FreeBitcoins faucet to earn free Avalanche (AVAX) and AVAX tokens.
FreeBitcoins.com signup page to register a new account. Accounts are then able to use the FreeBitcoins faucet to earn free Avalanche (AVAX) and AVAX tokens.

2. New accounts must wait 24 hours before they are able to use the FreeBitcoins AVAX faucet.

This allows our team to prevent abuse before the abuse happens. We constantly monitor new registered accounts. This is a good time for users to check our beautiful affiliate system and register their second accounts.

We allow users to have one main account and one self-affiliated account. This allows users to see our system work for themselves, but prevents us from being over run by just a few users with 10,000 accounts.

3. Use the FreeBitcoins AVAX faucet for the first time and earn free AVAX using FreeBitcoins!

Link: https://freebitcoins.com/faucet/

If your FreeBitcoins account is 24 hours old, then you are ready to try our AVAX faucet!

**The number one error we see on our faucet is users typing their XChange name incorrectly. If your user name is “Brandon” on XChange, then you can’t type “brandon” on the faucet. Brandon and brandon are two totally different accounts because our website is CaSe SenSitIVe usernames for additional security, so please be sure to keep that in mind during this step.**

1. Solve the “I am human” captcha at the top of the page.
2. Enter your username (correctly).
3. Click “Get Avalanche”

Follow these steps on the FreeBitcoins faucet to earn the cryptocurrency Avalanche (AVAX) for free.  These free coins are deposited directly into your XChange account on the FreeBitcoins altcoin exchange.
Follow these steps on the FreeBitcoins faucet to earn the cryptocurrency Avalanche (AVAX) for free. These free coins are deposited directly into your XChange account on the FreeBitcoins altcoin exchange.

Check to make sure you received the free Avalanche into your altcoin exchange account on FreeBitcoins.com!

Link: https://freebitcoins.com/xchange/profile/deposit

If you scroll to the bottom of the “Deposit” page you should be able to see your free AVAX faucet drip.

Enjoy!

Categories
News

Freebitcoins Guide For The Avalanche Discord Tip Service Called Tip.Blue

What is Tip.Blue?

Tip.Blue is a new service built by some of the same team that has built other projects on the Avalanche network as well.

Tip.Blue allows users to tip each other cryptocurrency using just their Discord accounts. These offline tips reduce blockchain spam and reduce the massive fees that can incur by making an on-chain transfer.

Using Tip.Blue allows users to move a micro amount of AVAX or AVAX tokens fast and easily. This is perfect for old Avalanche users or brand new users that have never used cryptocurrency before.

How can I start earning Avalanche and AVAX token tips using Tip.Blue?

First off, you must have a Discord account.

Then visit https://my.tip.blue/ and authorize your account.

That’s it! You’re ready to start earning tips on the Avalanche network. This website is absolutely better than even the AVAX faucet we offer earn on FreeBitcoins.com! (I still recommend getting some free Avalanche from the FreeBitcoins.com faucet, but this Tip bot is really good.)

Does Tip.Blue have an affiliate system (invite a friend program)?

Tip.Blue does not have an affiliate system at this time. I don’t think that there is an affiliate system in the plans at this time. Most users on the Tip.Blue platforms are generous with tips and this tends to make affiliating a bit more difficult anyways.

Affiliates should be sure to check out the cryptocurrency affiliate system here on FreeBitcoins.com. More details can be found here: https://freebitcoins.com/xchange/profile/affiliate

Is there anything else I can do to earn free tokens or coins by using Tip.Blue

One last thing you should do to get some free Avalanche or free BLUE tokens from Tip.Blue is to join their Discord chat: https://discord.gg/rUJGnkQeQG

The Tip.Blue Discord chat has been known to have some crazy tip wars and tip rain storms. Join and say FreeBitcoins.com sent you… We might send you some Freebitcoins (FREE) tokens!

You can also follow Tip.Blue’s Twitter here: https://twitter.com/TipBlueBot

This is the Tip.Blue logo.  Start tipping on Discord using this new service that is built on the Avalanche network.
This is the Tip.Blue logo. Start tipping on Discord using this new service that is built on the Avalanche network.
Categories
News

What is Avalanche Tokenomics for AVAX tokens?

In short, Tokenomics means how a token will be distributed or allegedly distributed.

Where can I find Avalanche (AVAX) Tokenomics for a token?

Most Avalanche tokens have a dedicated website to view the lead teams’ Tokenomics for their AVAX token. For example, the Freebitcoins (FREE) Tokenomics for our token on the AVAX network can be found here: https://freebitcoins.com/blog/freebitcoins-free-token-on-avalanche-tokenomics/

Why are Avalanche (AVAX) token’s Tokenonmics important?

Please keep in mind that dishonest teams may lie about the distribution or use of the tokens that they created on the Avalanche network.

Besides that, Tokenonmics are important for tokens on the Avalanche network because it serves as the foundation of “the tokens” future. Will the distribution be accepted? Will there be enough budget or liquidity for real-world marketing? There are a thousand more questions, and all those questions add up to the final answer for “Will this AVAX token succeed?”

What is the author’s favorite token on the Avalanche network and why?

I’m biased, but my favorite token on the Avalanche network has got to be Freebitcoins (FREE). FREE is a token that our team created to be traded on our centralized exchange and build a bridge to Defi exchanges such as Pangolin and other Avalanche decentralized exchanges or services.

This Freebitcoins (FREE) Avalanche token can be traded on our centralized exchange here: https://freebitcoins.com/xchange/market/FreeBitcoinsAvax

It can also be traded on the Avalanche decentralized exchange “Pangolin” at the link found here: https://info.pangolin.exchange/#/token/0xca7730d239f9fca6d9683b0a62ed1a6c660d7cba

A complete summary of Freebitcoins (FREE) Avalanche Tokenomics can be found on our blog post here: https://freebitcoins.com/blog/freebitcoins-free-token-on-avalanche-tokenomics/

Example of an Avalanche Tokenomic pie chart. This pie chart is for Freebitcoins (FREE) Avalanche Tokenonmics.

What is the difference between the FreeBitcoins exchange and the Pangolin exchange?

The main difference is that FreeBitcoins exchange only supports Bitcoin pairs.

Pangolin allows anyone to make any market for Freebitcoins (FREE) Token. Multiple market pairs mean that our token is linked to many other tokens and coins that users worldwide may be interested such. Such as stable coins. FreeBitcoins.com does not support stable coins, but Pangolin does.

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News

Faucet Avaware (AVE), Avalanche (AVAX), & FreeBitcoins Token (FREE)

How can I get some Avalanche for free?

With the Avalanche network booming this week. Lots of people are asking, how can I get some Avalanche for free? Lucky for you, FreeBitcoins.com has a wonderful cryptocurrency faucet that gives away Avaware (AVE), Avalanche (AVAX), and our own AVAX token called FreeBitcoins (FREE).

All three of the cryptocurrencies can be traded on Defi exchanges such as Pangolin and be used in browser wallets such as Metamask.

How do I get registered to start earning some free Avalanche, Avaware or other FREE tokens from the faucet?

  1. Sign up on the FreeBitcoins.com altcoin “exchange” by visiting: https://freebitcoins.com/xchange/signup
  2. Visit the FreeBitcoins.com “faucet”. Solve the captcha, enter your FreeBitcoins exchange username, and choose one of the three AVAX faucet options. https://freebitcoins.com/faucet/
  3. At this point, your account will have a small amount of whatever coin you picked. You can check your balance by either looking at the bottom of the “Deposit” page or by checking your “balance” page. https://freebitcoins.com/xchange/profile/deposit or https://freebitcoins.com/xchange/profile/balance

What is “Freebitcoins (FREE) token” and why is there so much of it available on the faucet?

Freebitcoins (FREE) token on Avalanche.
Freebitcoins (FREE) token on Avalanche.

Freebitcoins (FREE) token is a token our team created on the Avalanche network. FREE bridges our centralized exchange to the decentralized exchanges based on the Avalanche network. Users can trade FREE on both our exchange and on defi exchanges such as Pangolin.

Fifty percent (50%) of all FREE is distributed through the FreeBitcoins.com faucet. This was our chosen distribution method, rather than more traditional ways. We call this an ITFG (initial token free giveaway! har har)

For more details about FREE please visit our blog post that specifically covers all the tokenomics: https://freebitcoins.com/blog/freebitcoins-free-token-on-avalanche-tokenomics/

Can I invite my friends and earn coins whenever they use the faucet? Can you tell me more about the FreeBitcoins affiliate system?

FreeBitcoins.com has a wonderful invite a friend affiliate system in place! Whenever you invite a friend using your special link found on the affiliate page. Your friend will be registered to your account privately forever. Each time your affiliate uses the faucet. You will be given a faucet hit too. Affiliates also earn 50% of trade fees on our exchange as well.

There are no limits on earnings.

More details and your link can be found here: https://freebitcoins.com/xchange/profile/affiliate

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News

Can you really earn Free Bitcoins in 2022 with FreeBitcoins?

I can’t tell you how many times I’ve seen “No one gives away free bitcoins!” It reminds me of “Bitcoins dead” and both phrases make me want to bang my head against a wall, frankly, because these people are acting like Bitcoin is some coveted StarTrek money when it’s not. Even with Elon Musk & Co pump and dumping cryptocurrency, Bitcoin is still not money.

Bitcoin has literally been being given away for free since before Bitcoin was being sold for fiat. This isn’t an opinion… it’s a fact!

That being said, here at FreeBitcoins.com, we are happy to give you some free Bitcoin! Let me explain why though, to start. I can monetize this website above what I could sell Bitcoin for at this moment. As Bitcoin increased… we give less, it’s not rocket appliances. This same application goes with DOGE and everything else. You may not be able to afford to move the Bitcoins on the blockchain, but on FreeBitcoins exchange, you will be able to use those Bitcoins to purchase an altcoin (such as Clamcoin [CLAM]) and then easily withdrawal those coins from our website to your own secure wallet via the blockchain.

Follow these simple steps to get started earning some Free Bitcoins with FreeBitcoins.com:

  1. Create a FreeBitcoins.com “exchange” account by visiting: https://freebitcoins.com/xchange/signup
  2. Visit the FreeBitcoins.com “faucet”. Solve the captcha, enter your FreeBitcoins exchange username, and pick the cryptocurrency you wish to receive. https://freebitcoins.com/faucet/
  3. At this point, your account will have a small amount of free cryptocurrency. You can check your account balance by either looking at the bottom of the “Deposit” page or by checking your “balance” page while you’re logged in. https://freebitcoins.com/xchange/profile/deposit or https://freebitcoins.com/xchange/profile/balance

It worked! I now have some free Bitcoins, but I can’t afford to withdrawal them from FreeBitcoins.com… what should I do?

Sending Bitcoin on the blockchain is a relatively expensive task these days. Our website charges a flat 0.0003 BTC fee for withdrawals (this fee is subject to change.) Our faucet currently pays out 0.000000010 Bitcoin every hour… so you can do that math!

There is a trick to using our website and withdrawing your cryptocurrency to your wallet! If you use the Bitcoin dust that you accumulate through our faucet and purchase small altcoins… such as Clamcoin [CLAM], you will find that you’re able to withdrawal within just a few hours of using our faucet!

What is Clamcoin, and what can I do with it?

Clamcoin [CLAM] is my favorite cryptocurrency at the moment, and I’m biased because I own so many! CLAM is also used on a famous website called Just-Dice.com. You are able to withdrawal from FreeBitcoins.com to Just-dice in just a few hours of using our faucet.

CLAM is also a Proof of Stake coin. PoS means the coin itself secures the network. Coin holders that “stake” are rewarded by earning all the blockchain fees + one (1) new CLAM per minute that will continue forever. This means there are about 1440 CLAMS created a day forever.

Is there anything else I can do with these free cryptocurrency coins?

Yes, there are lots of options. Think outside the box and dream big.

FreeBitcoins.com also offers a solid affiliate program. Joining our affiliate program is as easy as visiting this link: https://freebitcoins.com/xchange/profile/affiliate 

Every time one of your affiliates uses our faucet, you will get a faucet hit as well for free! Affiliates also earn 50% of trade fees on our exchange and our simple to use cryptocurrency swap tool.

We do kindly ask that you limit yourself to only two accounts on FreeBitcoins.com. One main account and one self-affiliated account. Having additional accounts will cause your accounts to be pwned.

Have fun and enjoy.

Please feel free to contact us if you have any questions: https://freebitcoins.supportsystem.com/

Be sure to check out our second favorite legit free bitcoin faucet as well!

Categories
News

FreeBitcoins (FREE) Token On Avalanche Tokenomics

FreeBitcoins (FREE) Token
FreeBitcoins (FREE) Token is now live on the Avalanche network and tradable on FreeBitcoins.com or the decentralized exchange “Pangolin”!

FreeBitcoins.com launches “FREE” token on Avalanche network, the Pangolin exchange, and Embr.Finance.

FreeBitcoins.com has officially launched our own FREE token on the Avalanche network. The official contract for FREE is: 0xca7730d239f9fca6d9683b0a62ed1a6c660d7cba

Please be sure to always verify that you are trading the proper contract when trading FREE on Pangolin or any other decentralized exchange.

FREE can be traded on the DeFi exchange Pangolin. The direct link is: https://info.pangolin.exchange/#/token/0xca7730d239f9fca6d9683b0a62ed1a6c660d7cba

FREE can also be traded at: https://app.embr.finance/#/trade

The best place to trade FREE tokens on our centralized altcoin exchange here at FreeBitcoins.com (in my bias opinion!): https://freebitcoins.com/xchange/market/FreeBitcoinsAvax

FREE Token supply information, distribution, & tokenonmics details.

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!)

5% Goes to Scott (CTO of FreeBitcoins.com)

Here is a visual example:

FREE Token Distribution Pie Chart Tokenomicshttps://i.ibb.co/vDzt8Ck/FREE-Tokenomics.png

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.

Categories
News

How to start earning free Avalanche and Avaware crypto with no money?

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?

  1.  Register your exchange account at https://freebitcoins.com/xchange/signup
  2.  Visit our free cryptocurrency faucet at https://freebitcoins.com/faucet/
  3. Type your exchange user name and be sure it is CaSe SenSiTiVe. Example: The user Bob isn’t the same as the user bob.
  4. Wait a few seconds and check the balance at the bottom of the page on our balance page. https://freebitcoins.com/xchange/profile/deposit

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!

Good luck!

Categories
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Comparing Centralized to Defi Cryptocurrency Exchanges For Avalanche

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.


Centralized Cryptocurrency exchange https://freebitcoins.com/xchange/

FreeBitcoins Centralize Altcoin Exchange Screenshot Image
Screenshot of the FreeBitcoins.com Altcoin Exchange mainpage.


Decentralized Cryptocurrency exchange https://pangolin.exchange/

Pangolin Defi exchange screenshot of Aveware and Blue.tip pair
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.

A significant Defi exchange recently lost “$600 million” worth of cryptocurrency due to a very easy to execute flaw that some random dude found: https://www.cnbc.com/2021/08/11/over-600-million-dollars-was-stolen-in-a-massive-defi-hack.html

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.