If you’ve browsed my posts here on SmallOnlineBiz.com, you can tell that I cover a wide range of “opportunities,” tools, training platforms and solutions, and so on. Many times, my posts are warnings to steer clear, others, it’s to recommend that you take a look. Today’s post is a steer clear one.
As you know, there are many places on the internet where you can gamble, earn money, throw money away, etc. I hate to say it but, sadly, there seems to be more gambling and throw your money away sites then there are sites genuinely interested in helping you build your financial nest egg.
Today’s post is About Free-Bcash. I’ll talk about what it is, how it works, if you can really make money with it, and what other options are out there. In the end, I’m willing to bet that you’ll skip this site altogether and opt for something a bit less scammy.
This post will be shorter than most, only because I’m in one of those moods and this site just screams stay away.
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY AFFILIATE DISCLOSURE FOR MORE INFORMATION.
Free-Bcash is a site that touts that you can win free Bitcoin. They offer several ways to win and tries to make it look so easy and inviting.
The site itself is nothing pretty to look at. In fact, it’s more basic than most sites I’ve seen in general. Frankly, it tends to give more effort to putting loosely dressed women with large cleavage ads up for you to click on.
What’s worse is that, when you do click on anything (not just those ads), a new window pops up with whatever they’re trying to push or an alert that your computer is infected. This just makes me think that they’re either trying to scam you out of money or they are so insecure that their site is actually trying to serve up malware.
There are several ways to “earn” free Bitcoin on this platform.
The main draw to Free-Bcash is the free Bitcoin claim. You can spin (click the random number generator button) to win Bitcoin every hour. As of this writing, there are six tiers, offering different Bitcoin rewards and you’ll win the prize from the level that matches the number you spin.
These tiers are currently as follows:
|0 – 9885||0.00000322|
|9886 – 9985||0.00008056|
|9986 – 9993||0.00080561|
|9994 – 9997||0.00805611|
|9998 – 9999||0.08056118|
As you can see, it’s stacked so that the majority of people will land in the 0 – 9885 range, which, of course, has the lowest winning value associated with it. Still, if you click every hour, you can build up a decent sum over time.
This feature claims that you have a 50/50 chance to multiply your Bitcoin cash. You can set the value you want to risk and the win chance metric (which just changes the range of numbers) and bet low or high. I have not used this feature as I don’t have a lot of Bitcoin as it is and I’m skeptical of the random number generator settings on the back end.
Think of this as a savings account or CD for your Bitcoin. Supposedly, if you leave your Bitcoin in their system, they can then invest in miners and other stuff and pay you an annual interest rate (currently 6%). The issue I take here is there’s no guarantee beyond what they tell you. No protection, nothing. I’d be hard-pressed to put anything in other than whatever I’ve earned freely from them in the first place.
You can choose to risk your earned Bitcoin in their lottery. For a set price (currently .00000010 Bitcoin) you can buy a lottery ticket in the hopes that you win one of the five prizes:
I went ahead and bought 643 tickets into a drawing that ends in 1 hour and 39 minutes. There are a total of 429382 tickets in this lottery right now. As you can imagine, I’m not holding my breath.
This is where they really try to reel you in. If you refer others to this platform, you’ll earn 50% of whatever they receive in their freerolls. This just makes me think that the freerolls offering is more of a gimmick than ever. This is why, if you do see people recommending this platform remember, they are making money off of you when you join and participate.
Let’s see if you can actually make money with it…
If everything is to be believed, yes, I just have a hard time trusting this site. There is a Network fee of 0.00030000 Bitcoin when you go to withdraw, so that’s one way the owners make a little money.
Don’t get me wrong, assuming this is legit and you can actually get your money out; you can earn Bitcoin for free (although I’d argue your time spent doing so could be better spent on other endeavors like an actual job or even survey sites, and you can make more). I just don’t see it truly rewarding anyone other than whoever actually runs the site.
What really concerns me is the constant pop-ups asking me to download something or telling me my machine is infected, the “sexy” ads always being displayed and the fact that, after quite some time, I’ve never spun higher than the minimum tier.
Everything this site offers, just screams scam to me. I’ve even read reviews and comments from others stating they weren’t able to withdraw their Bitcoin balances or that the withdrawal fee increased when they tried (some said by 15x) making it equal to the amount they were trying to withdraw. I haven’t tried to pull the money out because I haven’t made much to bother with.
The answer to this question depends on your intent. Are you looking to gamble, simply to make money online, for other Bitcoin earning solutions, etc.?
Each one of those has a multitude of answers. Simply run a Google search for one of those terms, and you’ll be inundated results.
I will list my personal number one recommended solution here, and that is Wealthy Affiliate. It’s not a gambling, cryptocurrency, or get-rich-quick site. It’s an honest, takes work and effort to succeed, affiliate marketing training platform, and so much more. Click on the banner below to see my review of Wealthy Affiliate and why I love it so much.
I know, I know. I rarely write a post like this. I don’t know if I’m just over scams in general or if my blood glucose level is off but, for some reason, I just can’t recommend staying away from Free-Bcash enough. I do have a background in IT and compliance, and there are so many red-flags for me on this one:
All of these for free, and intended to get you to invest your time, maybe even bring in your Bitcoin made elsewhere, and keep your Bitcoin in their system, all with a carrot dangled in front of you. It falls into that “too good to be true” category.
When you think about that and then see the “sexy” ads pasted all over the screen, the infection warnings, the constant pop-ups asking you to download a file and so on, it just can’t be anything other than a scam.
OK, enough of my rant. Now that you know About Free-Bcash, what are your thoughts? Do you currently use it? If so, what has your experience been? Am I way off here and should check my sugar? It’s just not adding up. Please let me know by commenting below.
If you want to check them out for yourself, please follow my affiliate link here, as I’d like to see how that aspect truly works. I haven’t referred anyone yet because I just don’t trust the site.