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News

Ethereum deposit and withdrawal fees lowered

We have lowered our exchanges Ethereum deposit and withdrawal fees to 0.0025 ETH each.

For more details please be sure to check our altcoin exchanges FAQ: https://freebitcoins.com/xchange/faq

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Listing

freebitcoins token fbtc

This is the announcement page for FreeBitcoins Token (FBTC). FreeBitcoins Token is an altcoin that is an Ethereum based ERC-20 token.

Half of all the FreeBitcoins Token (FBTC) can be earned for free here.

FreeBitcoins Token (FBTC) can be bought and sold with Bitcoin here.

FBTC Token Bitcointalk thread is here.

Distribution

The launch supply of is: 1,000,000,000 FBT

We did leave the contract open to printing more coins if we choose. It makes filling the faucet easier potentially.

The majority of FreeBitcoins Token will be distributed for free through the FreeBitcoins.com Faucet. Users simply need to solve a captcha in order to receive their free Token deposited directly into their FreeBitcoins.com exchange account.

The Free Bitcoins faucet will distribute 500,000,000 FBTC for free to Free Bitcoins users. The parent company will be given 400,000,000 FBTC for company growth/liquidity/ and other business ventures (Lambos?!). The two company founders will be given 50,000,000 FBTC. For a total of 1 billion coins in circulation.

FreeBitcoins Token Distribution Chart for FBTC

Our bridge to Defi and decentralized exchanges

We have had a lot of requests for us to get involved with Defi and other decentralized exchanges. A lot of people really think that they are the future and we want to try to be a part of it however we can.

Our thought process behind FreeBitcoins Token is that by allowing FBTC to trade both on Free Bitcoins exchange and the other decentralized exchanges such as Uniswap that our users will have access to more of the liquidity that they are used to trading with. We understand that FreeBitcoins.com doesn’t offer some of the tools that Uniswap offers and frankly, we don’t want to! We would much rather have a safe/fair token that allows our users to trade however they want when they aren’t on our website!

By creating this token and building this bridge, we continuing to battle to add more liquidity to the Free Bitcoins exchange!

8-1-2021- I will update this page as soon as we are added to the Defi exchanges.

9-20-2021- It’s crazy expensive to make the contracts needed, so we’ve decided that it’s a better idea for us to learn on the Avalanche network first.

Legal

Ownership in this FreeBitcoins Token does not entitle the token owner to any ownership in FreeBitcoins.com or any returns in profits. This FreeBitcoins Token is strictly for educational and recreational purposes. FreeBitcoins Token should not be considered an investment token or a security token, as it does not promise any returns or any stability.

Please treat this token like a pinball machine and not a slot machine!

Have fun and thank you very much.

We would also like to thank the project “Hex“.

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Guest Post

Alternative Currency? – Here’s How To Make Your Own

For those interested in cryptocurrencies, you can create your own cryptocurrency. Of course, it won’t be worth anything just yet but in the future, if you succeed, you’ll have a valuable crypto-currency that will be impossible to replicate. There are various ways to participate such as by mining or investing in ICOs (Initial Coin Offerings). A great way to start is by signing up for an exchange so that you can buy some crypto of your own and sell it when and if the time comes. 

The most important thing is that this knowledge doesn’t stop there – take a look at popular platforms such as BitcoinTalk or Reddit and find out what people are talking about. Join cryptocurrency forums and learn everything you can. You’ll be surprised by how many people are willing to help you if they see that you care about this crypto-world

If you are interested in investing in ICOs, the best place to start is with a platform called CryptoGo. This is a platform that has made it easier for people to invest in ICOs without having to worry about storing all of these currencies and tokens on their own. It’s absolutely free of charge which means there is no reason to not give it a shot!

Now that I’ve made you curious, here is a general overview of how you can create your own crypto-currency.

Step 1:

First thing’s first – you need to find some free online space to host your code. There are tons of websites that are willing to help and even though they might be a little scary, they’re usually pretty good at explaining the process. For this example, however, I suggest the CodePlex website (https://www.codeplex.com/wikis/index) or GitHub (https://github.com/).

Just to be clear, CodePlex is a website that is owned by Microsoft and GitHub is owned by Google. Both are free (for now) and are great places to start.

Step 2:

Now that you have the platform, you need to set up the code for your cryptocurrency. Although this might sound intimidating it really isn’t because there are several libraries that can drastically simplify the development of a cryptocurrency. This means that you will not have to create everything from scratch which can save a lot of time in the long run if you’re new to this world. Personally, I recommend using C++ (https://www.youtube.com/watch?v=M7BWL2BjOzA).

Step 3:

Now that you have an idea of how to create a cryptocurrency, it’s time to get the word out. First thing’s first – you’ll need some coins! For this step, all you need is a crypto wallet so that you have a safe place to keep your coins. There are tons of wallets out there but if you’re just starting out I would suggest CoinPayments (https://coinpayments.net/). This website will store your digital currency and will allow you to accept payments in various different forms such as PayPal or Bitcoins so make sure to store them there. FreeBitcoins.com (https://freebitcoins.com/xchange/signup) also gives you over 20 different free cryptocurrencies when you register as well.

Step 4:

The next step is to build up the community. For this, you will need an outlet that will let you spread your message. If you’re more of a programmer type person I would suggest Reddit (https://www.reddit.com/), GitHub (https://www.reddit.com/r/Bitcoin/), Linux Kernel Mailing List (https://lkml.org/) or BitcoinTalk (https://bitcointalk.org). Each of these platforms has forums and can help you gain information on what to do next as well as a niche group of people who are in it for the crypto-currency revolution.

As for other outlets, I would suggest Bitcointalk, BitcoinTalk or I don’t know. It’s not exactly a good idea to try and spread your message across too many outlets but just pick one or two that you think might fit your needs. Messaging the guys on FreeBitcoins.com isn’t a bad idea either!

Step 5:

The last step is to add some value to your new cryptocurrency. This means that you should either create a website or make sure that people will be able to use it. The best way to do this is first by creating a wallet on a website like CoinPayments or FreeBitcoins.com and then by making a game that uses cryptocurrency as the currency. Good examples are http://cryptogames.space (https://cryptogames.space/) or http://www.cryptokitties.co/ (http://www.cryptokitties.co/). If you think these games are too childish or simple, there are tons of other alternatives for example Ether Dungeons (http://ethedungeons.io/) which I believe is a great way to learn more about cryptocurrency. The last bit of advice I have on this step is to remember the blockchain and how it forms the backbone of cryptocurrency.

This article has been created by Ben Fielding, a seasoned writer working on behalf of Finance 27.

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News

FreeBitcoins Token Coming Soon

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.

We will have more details later this week!

Stay tuned!

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Listing

Ethereum (ETH) and Florincoin (FLO) added to FreeBitcoins.com again

FreeBitcoins.com has listed Ethereum (ETH) and Florincoin (FLO) back to all three main sections of our website. Effective immediately, users are able to use FreeBitcoins exchange to trade ETH and FLO with Bitcoin.

https://freebitcoins.com/xchange/market/Ethereum

https://freebitcoins.com/xchange/market/Florincoin

Users can earn free Florincoin from our cryptocurrency faucet and start trading today: https://freebitcoins.com/xchange/market/Florincoin

Thank you for using FreeBitcoins.com!

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News

Clamcoin a proof of stake coin that is older than Ethereum is up 34%

Too Long, Didn’t Read; CLAM older than Ethereum (ETH). CLAM just surpassed DOGE price per coin. Big exchange Bittrex, Circle, Poloniex blame CLAM for their problems. CLAM is a proof-of-stake coin, which means CLAMS are like digital miners and secure the network + generate income. CLAM distributed to DOGE, LTC, & BTC hodlers, so CLAM well distributed for free. CLAM supply low (4 million), this can cause illiquidity causing price go high after sellers run out…Insert moon-rocket emoji here.

Back in May of 2019, Poloniex, a United States altcoin exchange, suffered a huge loss across their entire platform due to a flash crash of the CLAM cryptocurrency and uncovered margin calls [4]. Instead of taking responsibility for mishandling users’ funds and downplaying the risk of margin lending, Poloniex’s initial response was to blame the CLAM cryptocurrency for low liquidity. Poloniex had been recently acquired by the US-based cryptocurrency company Circle, who also shifted blame to the previous owners of the site. Circle ended up selling the company to overseas investors to distance themselves from the situation [5]. Circle did end up reimbursing a pittance amount to some users, but many remain uncompensated [6].

Okay, this exchange Poloniex pulled some robin-the-hood level blame-shifting uncovered-margin-calling scam on an obscure coin named CLAM [1]. So WTH is a CLAM? [3] CLAMs were given away to every single crypto wallet that had a balance of Bitcoin, Litecoin, or Dogecoin in 2014 [2] Yes you heard that right, DOGECOIN. So here’s the deal, CLAM has a much lower active supply than ANY of these cryptocurrencies used to forge it (yes, there is less active CLAM than BTC right now). And if any of you were paying attention, not too long ago, apes could buy CLAM cheaper than DOGE—which has a way higher supply. Oh, did I forget to mention CLAM is proof of stake, and users are incentivized to HODL rather than sell? The fundamentals say this coin is going straight to the moon, so better get on before the rocket takes off.

The exchange that has to most liquidity for CLAMs is FreeBitcoins XChange. https://freebitcoins.com/xchange/market/Bitcoin-Clamcoin

[1] – https://coinpaprika.com/coin/clam-clams/

[2] – https://bitcointalk.org/index.php?topic=623147.0

[3] – https://www.youtube.com/watch?v=g6iDZspbRMg&t=652s

[4] – https://modernconsensus.com/cryptocurrencies/alt-coins/new-poloniex-bosses-attack-circle-plan-refund-for-those-hit-by-clam-price-crash/

[5] – https://medium.com/poloniex/poloniex-spins-out-from-circle-with-new-backing-global-focus-5a19357bdaee

[6] – https://www.reddit.com/r/poloniex/comments/gxhzjf/what_happened_to_poloniex_clam_situation/

Additional reading:

Categories
Guest Post

Guides To Choose Your Wallet For Beginner’s

I will explain why you can use Bitcoin anonymously and talk about the different types of software, mobile and hardware wallets, including Bitcoin wallets for mobile phones, desktop and desktop computers. Mobile Bitcoin Wallet is specifically designed for mobile phones and offers several features that must be considered when verifying bitcoin wallets.

A popular Bitcoin wallet, for example, is Airbitz, which synergizes its Bitcoin wallet client capabilities so you can store all the right data and interact with the network intuitively and securely. 
    
With just a few clicks, you can create multiple Bitcoin wallets, check your transaction history, send Bitcoins to other addresses, and send and return Bitcoins. Once you’re done, you’ll have your Bitcoin wallet address that can be used to send, receive and store Bitcoins. You need your private key to move your Bitcoins from your Bitcoin address to another wallet. The private keys are stored in a secure location to protect them from external threats. 
    
Users should ensure that their Bitcoin wallets support the latest security measures to prevent the loss of Bitcoins. Of course, there are many other ways to store encrypted wallets, manage an address book, change or remove passphrases, secure individual private keys using paper or digital methods, delete and remove wallets, and create clocks – addresses only. 
    
So remember that if you ever lose the private key to your Bitcoin wallet, no one can help you, and you would lose access to all your funds. Electronic devices require very basic computer hardware to function, so it is best suited for those who have very old computers. 

If you use a desktop wallet and want to store a large amount of bitcoin, you must use a hardware wallet to sign transactions in it. As mentioned above, the Bitcoin wallets from Electrum are best suited if you have a very older computer.
    
When a Bitcoin wallet is used for the first time, the software creates a pool of new private keys that users can use for their transactions. When this happens, each Bitcoin wallet can use its secret data to sign and confirm transactions, provided buyers and sellers are the owners of their Bitcoin wallet. 
    
If the Bitcoin Core Client is installed on your Ubuntu system, you can manage your Bitcoin wallet account in the same way as any other Bitcoin account. The wallet stays on the computer for a certain time, usually a few days or weeks or even months. 
    
This type of wallet is the most convenient way to store Bitcoin because you can easily send and receive money on the go. It also helps that, unlike hardware wallets, you don’t generally have to buy the software for your Bitcoin wallet but just need to download it. 
    
Armery is an open source bitcoin wallet, and everyone has the freedom to develop apps and extensions for it. It is a free open source wallet released under GNU AGPLv3, which can generate and hold private bitcoin keys on your computer. 

If you are a business user or programmer, you can take it on by developing your code and adding your security features. As mentioned, a copy is an “open source” wallet; anyone can access it from their computer and develop apps or extensions to the ArmerY wallet. 
    
Bitcoin Core Wallet is not included in the Ubuntu software repository but can be easily installed by the Bitcoin Team PPA. Armory Bitcoin client is an Ubuntu repository that you can download from Armory’s website or the Ubuntu Software Centre. It is one of the most secure bitcoin wallets, and it is available for Linux, Windows, Mac OS X, Linux Mint and Windows Phone. 
    
If you are using a Bitcoin wallet client with Bitcoin Core, you will also need to download it. The first time you start, you will be prompted to set up the Bitcoin data directory to store your Bitcoin blockchain and wallet. 
    
Your address is also stored on the blockchain, where your special assets are located, and you keep the encryption key used to digitally sign transactions. Your Bitcoin wallet is a collection of private keys and can also refer to the client software you use to manage these keys or make transactions over the Bitcoin network. 
    
Bitcoin hardware wallets are the most secure because they do not release private keys to the network. Hot storage bags can further separate client-side wallets that are managed locally on the user’s computer or mobile device. These are online wallets supplied to users by major cryptocurrency exchanges. Bitcoin Web Wallet is the easiest and most convenient to use, but potentially less secure than the options above, as the private key to your Bitcoins is usually held by a third party. 

A cooler bag is inherently safer than a hot wallet, as it is not connected to the Internet. I – Wallet (which has no connection to the Internet) is used for large amounts of Bitcoin (ALWAYS), but not for small amounts.

Client Bitcoin Wallet

    
Much has changed in the last decade, and the history of Bitcoin wallets shows that it has become easier than ever to store and transfer cryptocurrencies securely. The number of Bitcoin wallets is growing rapidly and choosing a secure and reliable wallet for your Bitcoin wallet is difficult. 

Several dozen Bitcoin wallets to choose from, and they all differ in ease of use, security, and advanced features, making it important to carefully check your Bitcoin wallet. Whether you’re new to Bitcoin or how it works, here are some of the technologies that power cryptocurrency bags to help you better understand how they work.  
    
Desktop wallets (also called software wallets) are crypto wallets that download and store the entire Bitcoin blockchain to your computer. A desktop wallet is a crypto wallet that downloads, stores, transfers and stores bitcoin, ethereum, or any other digital currency to and from a computer, such as a bitcoin wallet. 
    
Your private key is stored in a secure place on your computer to protect it from external threats such as your phone, computer, or home computer. 
    
If you want a high level of security for your Bitcoins, a hardware wallet is a right way to Trezor undoubtedly. Still, if you store your private key in a Bitcoin wallet on a particular piece of hardware that is cold (i.e. not connected to the Internet), there is no guarantee that no one will be able to steal your cryptocurrency. 

You must have the private keys to move your Bitcoins from your Bitcoin address to your wallet. Your wallet stores your physical currency and you use your secure private key to access Bitcoin addresses and conduct transactions. A secure hard drive backs it up with a strong encryption key and a hard drive. 
    
Armory is an open source Bitcoin wallet and its Bitcoin client is part of the Ubuntu repository, which you can download from Armory’s website or the Ubuntu Software Centre. If you are a business user or programmer and do not need a complex multifunctional solution for your business, there is also the option to develop your Bitcoin wallet app. 

As mentioned earlier, Copay is another open source wallet, and everyone can develop apps and extensions for the Armery wallet. It is one of our most secure Bitcoin wallets, so if you are an enterprise user, programmer or even just an Ubuntu user, you should either develop your code or add our security features. 
    
Most importantly, the article “Saving Bitcoins” in the Bitcoin Wiki contains more information about the type of wallet and how to secure your Bitcoins. Once you understand how to create a Bitcoin wallet using libraries and integrating it into our platform, you can build your Bitcoin client to perform standard crypto payments. 

You will also understand how to protect your Bitcoin wallet app and gain access to the latest security features such as encryption and authentication. You will also learn more about how we make bitcoin wallets and apps and how they work. 
    
This article describes how to import the private key encrypted by BIP38 into the Bitcoin core wallet. You can also import private keys from an encrypted Bitcoin wallet into a Bitcoin client using the “Bitcoin Core” library. 
    
If the private key is only imported, the funds remain tied to the original Bitcoin address. Bitcoins in the paper wallet are linked to their original address, not to the core Bitcoin wallet. The private keys can also be imported directly into the core Bitcoin client via the Bitcoin Core library.
    
Once you’re done, you’ll have your Bitcoin wallet address that you can use to send, receive and store your Bitcoins. You can manage your Bitcoin wallet account by installing the Bitcoin Core Client on your Ubuntu system. This wallet requires verification, so you should enter your private information before sending or receiving Bitcoins. 

To help you store the bitcoins you have bought, Coinbase runs a popular web-based Bitcoin wallet, which is often recommended as an easy way to store, trade, buy and sell bitcoins. Xapo also offers a currency exchange that makes it easy for its users to buy, sell and trade bitcoins.
    
A paper wallet is essentially a document that contains the address of the Bitcoin received and the private key that allows you to issue or transfer Bitcoin stored at that address. Paper wallets can be created using BitAddress or Bitcoinpaperwallet, which allows users to create paper wallets with their private keys and addresses. This process allows Bitcoin core clients to access and control the paper-related funds – Bitcoin address for wallets and vice versa. 
    
One popular Bitcoin wallet is Airbitz, which combines its wallet client capabilities with a local wallet that stores your Bitcoins on your hard drive, allowing you to interact with the network intuitively and securely. You can create as many wallets as you want, store the right data and store all the bitcoins you have. 

A cloud-based wallet allows you and others to worry about the security of your digital assets. Hardware wallets can be taken anywhere, you create other wallets and store all Bitcoins in them. Wallet recovery can also be done via Bitcoin wallets or clients, which offer the possibility to import a wallet by entering a phrase set of seeds.

(This is a free guest post submitted by Sophia Taylor.)

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News

The Best Cryptocurrency Casino For Free Bitcoins In 2021

The best online casino to earn free Bitcoins in 2021 is DrBTC.com. Get free bitcoins simply by chatting in their chat box or earn free bonus spins while playing the cryptocurrency slot machines. DrBTC.com also offers traditional Bitcoin dice games and the dice game can be played with other altcoins offered by DrBTC.com.

You can earn over 20 different cryptocurrencies that are supported on DrBTC.com.

  • Bitcoin. BTC.
  • Ethereum.
  • Ripple.
  • Litecoin.
  • Tether. USDT.
  • Dogecoin.
  • Ethereum Classic.
  • Bitcoin Cash.
  • And more

    Come get some free cryptocurrency at DrBTC.com.

    You might win big too!