If you find yourself in a financial situation that you can’t get rid of, then a free paid website is very suitable for you. With the power of the Internet, you can connect with others. This is where OurBitcoin faucet works.
OurBitcoin faucet is a peer-to-peer cash gift platform. All you have to do is sign up, pay membership fees and recruit others, so that you can also get the reward of OurBitcoin faucet. It sounds simple, but is OurBitcoin faucet worth registering? Can you really make money with OurBitcoin faucet to get the financial freedom you have been looking for? Please continue to read the OurBitcoin faucet review.
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What is OurBitcoin Faucet？
The site OurBitcoin was registered on April 20, 2017. The site is set to private. When looking for information on who actually owns the site you will come up empty-handed. The site does offer a contact form for existing members, but it doesn’t offer any names or company information.
OurBitco.in is a brand-new faucet that was created this year in 2021. While it is a new faucet, it appears to be an up and coming promising new site. As a user, the site couldn’t be more straight forward, and we believe that to be a positive for the user experience. The unique feature about OurBitco.in is that it allows the user to claim as frequently or infrequently as they would like. OurBitco.in is essentially Four Faucets in One!
Ways to Earn Free Bitcoin
Now that you are registered as a user, you will be able to claim from the Dashboard. The unique feature, and why its truly four faucets in one, is you have the options to claim every 5,15,30, or 60 minutes… or like most of us Faucet enthusiasts, all of them!
You will see all the eligible claims on the dashboard and a very clear timer counting down to your next available. You will also see how much you have historically made via each.
Clicking on the timer will show a “Claim” button and will take you to another page.
Each of the four faucets (5/15/30/60 minute timers) have the same basic functionality. Complete a captcha and roll for a value. Depending on what you roll, will result in different payouts according to the chart on each. Important to note, each faucet (5/15/30/60 minute timers) have slightly different payout rates. Example, the base claim (lowest win) for a 5 minute timer is 3 Satoshi, while the lowest winning value on the 60 minute timer is 6 Satoshi. You can navigate the site by using the menu button in the upper right hand corner to visit all areas of the site.
The way you earn money is through building your downline. The system is set up as a 2×6 matrix system. You pay the person who sponsored you to sign up. Then, in turn, the people that you sponsor will pay you.
To start you will need to gift 0.02 BTC to the person who recruited you. Then you look for two people to sign up under you. They then pay you 0.02 BTC. You have then made a profit of 0.02 BTC. Of course 0.02 + 0.02 = 0.04 but you have to realize you spent 0.02 BTC to sign up. So, in reality, you only made 0.02 BTC when you get your two recruits.
Then, once your have your first level filled, your recruits look for two of their own and so down the line it goes for six levels deep. It is important to note that OurBitcoin is a reoccurring payment. You will be billed every month for your position until you drop out of the program.
It is also important to know that full participation in the program will run you 0.795 BTC each and every month. That comes out to $1,880.02 USD.
How to Withdraw on OurBitcoin?
Currently on OurBitco.in you can only claim Bitcoin (BTC) and the withdraw limit is 20,000 Satoshi, paying directly to your wallet. While there is no contact information for OurBitcoin, their Terms and Conditions states it could take up to one week to process a withdrawal after it’s submitted. All transaction fees are covered by them when processing that withdrawal request.
OurBitco.in is a promising new faucet that has a very clean presentation and is super easy to use. It is yet to be seen if they will add any other cryptocurrencies or other features, but in it current state we would recommend giving it a try. We will post an update and payment proof when the time comes, that is our commitment to you, as our goal is only to promote legitimate paying cryptocurrency faucets and being transparent and upfront when sites have issues.
When it comes to gift giving sites like OurBitcoin, there are no refunds. Once you have made the payment to join the program, you are in it until you win it or drop out.
Now, OurBitcoin is a site that is solely based on getting new recruits. This poses a huge problem. You see if no one signs up, then no one gets paid. Once the recruitment stops, so does the money and someone on the bottom of the line will be left holding the bag.
Of course, those aren’t the only red flags that come up when looking at the site. You will find that the monthly payments go directly to the administrators of the site. Who these people are is a complete mystery. So why would you hand over money to complete strangers?