Get FREE Bitcoins, Dash, and Thousands in other small Altcoins from YoBit | NO CATCH

rulesforrebels (61)in #bitcoin • 8 years ago

Just wanted to make a quick video to let you guys know how you can collect some free cryptocurrencies. Granted it is small amounts but free is free right.

So another Youtuber I watch is Crypto Oracle. You can find his channel at the link below...

https://www.youtube.com/user/BrandonZiots

In a recent video he had recommended a small time crypto called StarCoin as a coin which he thought may go up in price and was undervalued. Now StarCoin doesn't trade on Bittrex which is the primary altcoin exchange I use, it only trades on YoBit so I decided to checkout YoBit.

To my surprise there was a tab at the top called FREE COINS. Now I got some free Bitcoin and Dash, all be it a very small amount, not even a penny. That said there are some lesser known altcoins that are giving away anywhere from 10 to as many as thousands in free cryptos.

Now the reason for this is when newer smaller coins are trying to expand they want to get people to A. realize they exist, and B. start using them so they sometimes give out free coins. If you have a Bittrex or Poloinex or Kracken account you may have noticed free coins have just appeared in your wallet. That's basically why many of these lesser known coins are giving away free coins.

I literally just signed up so havn't had a chance to play around with the site a ton but it looks like they also have kind of a gambling feature called Dice which I imagine you win or lose money with the roll of a dice. I would recommend you stay away from this.

I still havn't done a ton of research on this exchange and whether they are trustworthy or have a history of holding withdrawls or anything like that but if Crypto Oracle recommends them that gives some credibility to it to me at least.

What I'm planning on doing is collecting my free coins and I may throw like $100 into YoBit just to use it as a small little play account outside of my Bittrex trading account for altcoins. I may play a little game and see how high I can run $100 up to.

Anyhow, definately recommend you guys check it out if for no other reason than to collect some free crytpos.

#cryptocurrency #crypto #money #steemit

8 years ago in #bitcoin by rulesforrebels (61)

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brianphobos (70) 8 years ago (edited)

Awesome! I didn't know about that exchange but I'm going to check out the free coins thing and hopefully I can make it part of my daily habit when I'm on Steemit to get on the exchange and keep clicking free coins. You never know with them.

Update: I signed up but for some reason when I click on the free coins link none of those buttons show up that are shown in your video. I tried multiple browsers. Anyone else experience this? The page is just blank.

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clemdane (52) 8 years ago

StarCoin or StartCoin?

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rulesforrebels (61) 8 years ago

Star

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clemdane (52) 8 years ago

Do you know the symbol? I wanted to look it up and couldn't find it.

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joshdurston (41) 8 years ago

The thing is with giving away such small amounts for free, say if you want to sell any of it you might not be able too because there's usually a min sell/buy orders.

So basically, you either trade for more of whichever coin you got for free so you can then add it to the free ones and sell it all together.

Or, wait for the coin to become valuable enough that whatever you got free covers the min buy order.

I'm going to check out yobit cause I like free stuff too but just something for you to think about. I'll use your referral code too.

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rulesforrebels (61) 8 years ago

Here's my thinking for all intent and purposes I realize they are giving me pennies. That said at one time many of the large cryptocurrencies today started off as unknown currencies. If some startup coin is willing to give me 1,000 coins for taking a milisecond to click a button that's cool with me.

I actually got enough free coins in about 5 minutes of clicking to roll the dice and try the gambling thing, sure enough I lost my dice roll, lol.

I don't plan on making a bunch of money but to me this is at the very least better than a bitcoin faucet as it doesn't require almost any time.

I also may use the exchange just to throw a small amount of money into and try some swingtrading. I'm thinking about maybe $50 and see how high I can run it up. While I plan on paying my taxes and all that jazz I know many people are trying to stay under the radar and YoBit doesn't take any info from you and doesn't report to governments so that may be a perk for some.

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