For those who are still using FreeBitco faucet, they are currently introducing a new Premium Membership program. This will be powered by the FunFair (FUN) token. All you need to do is to buy FUN tokens and hold them in your FreeBitco account to get the benefits. FUN token is tradeable on multiple exchanges including Binance, Bitfinex, OkEx, HitBTC and Changelly. You can also use your FreeBitco balance to buy FUN tokens and start earning benefits.
The Premium Membership program will launch on 15th March 2021. You will start getting the premium membership benefits after the launch date provided you have bought at least 2,500 FUN tokens by the 13th of February. This is how much it will cost you for the 2,500 FUN token. I only have 54,000 satoshi BTC so I will not be able to purchase the minimum required to be in the Premium Membership. As of writing it will cost you 0.0033 BTC or USD112. Would you spend that much to buy in for a premium membership which will only gives you 0.02% Cashback, 4 WOF spins/day & 0% Interest Boost. FUN token price has been going up since the launch of this program yesterday.
Anyway, these are the 6 reason why FreeBitco thinks you should upgrade to Premium Membership for. As much as it sounds good, I will not be spending the extra for it even if my balance is enough for it. If I bought it with my balance, it would also means I would have lesser or no balance to earn the interest any more. It would be better if they could do something like BetFury has to mine their BFG token.
For those who are thinking to earn 25% Interest Boost, you will need to hold 500,000 FUN tokens which is about 0.46000000 BTC or roughly about USD21,386 give or take. Holding the minimum 2,500 FUN token will not earn you additional daily interest. You will need at least 12,500 FUN token to get a 2.5% increase daily interest for 1 month holding period.
The timeline calendar for the premium program is as below.
Now back to FreeBitco I'm not sure if you're aware of this part right. I only realize it yesterday and I have some free Bitcoin Cash (BCH) & BitCoin Gold (BTG) that I could exchange for BTC. It is not much it is still works out to adding more to my FreeBitco balance.
