This is the newest announcement on their site:
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?
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.
I agree, it's still better to stick with the bitcoin wallet services that we are using from the start since that feature or service provided by freebitco.in seems new for us and although freebitco.in has been trusted since 3 years ago it is still not a good idea to put such amount of bitcoin as freebitco.in is actually a different type of service which is a faucet and now looks like a dice site .