Quote from: lite on May 17, 2017, 07:52:39 PM

I wouldn't use freebitco.in as my bitcoin wallet neither should you or anyone else. most of the well-known wallets set appropriate fees.

Quote from: sana54210 on May 17, 2017, 05:53:40 PM

Quote from: swogerino on May 17, 2017, 05:38:48 PM

Quote from: Soylent on May 17, 2017, 05:25:09 PM

This is the newest announcement on their site:
[im g]https://vgy.me/lErcB7.png[/img]

For a long time they have been offering bitcoin faucet and some time ago new features were added like daily interest as you may already know. Do you think they are trusted enough to hold bitcoins on their website?

They are trusted until now and operating since February 2014 but this doesn't mean it is a good idea to give your bitcoins to someone else and you not holding the private keys to this bitcoin. Remember that anyone with the private key can spend your bitcoin. It is not a good idea to keep your funds in bitcoin on web wallets that is why Electrum and many other better wallets are created.

Neither coinbase nor xapo allows you to access private keys. There are few significant benefits on using web wallets that is the reasons I am still sticking with xapo even I am fully aware of how risky to keep my bitcoins with someone's wallet.

I would have planned to use freebitco.in as my wallet if they themselves will be paying network fees for ourselves. But I understand we need to pay fees with options to chose from high priority fee or normal or low.

Still freebitco.in as wallet comes with one benefits of gaining daily interests but I am not getting attracted to that.

Xapo will stop paying fees for withdrawals. i think it's time for you to move on to the wallets where you have full control. Wink

Many online bitcoin wallets have bad fee calculation as it's completely outdated (120 satoshi/byte in comparison to 390 satoshi/byte which is average now) and not every bitcoin user knows how high fee should use for their transactions.
Furthermore I think as for now choice from only 'slow' and 'instant' fee on freebitco.in doesn't seem to be a big deal for 'casual' users who've never been changing default fee calculated by most popular wallets.