Quote from: TheQuin on Today at 02:20:13 AM

Quote from: LTU_btc on May 03, 2021, 06:56:31 PM

Quote from: Dewi Aries on May 03, 2021, 04:07:32 PM

Sometimes I get promotional emails from freebitcoin regarding the deposit promo after I clicked it turned out that only bitcoin deposit methods were available of course I avoid everything that uses bitcoin for deposits so I mean why not provide other methods such as altcoins

Maybe because name of website is FreeBitco.in, not FreeAltco.in
But yeah, it would be nice if they would start supporting altcoin deposits. I remember they planned to support few main altcoins year or two ago, but so far it wasn't implemented. When transaction fees is so high, Bitcoin deposit isn't good option.

That plan got shelved mainly because we don't really want to get into being an exchange. There's a lot of regulatory implications involved in that. You might remember we used to offer ShapeShift deposits before they were forced to implement KYC. We are looking at alternative solutions to avoid high fees when the network is busy. At the moment Lightning Network still looks like it would be difficult to implement and there probably wouldn't be enough usage to make it worthwhile.

The good news, for now, is the mempool is clearing out and there should be many opportunities for low transaction fees until the next difficulty retarget (about the next 9 days).

We (FreeBitcoins.com) went the exchange route. Tongue

I'm glad our two services cover a nice spread of crypto stuff.

Our lawyer didn't like the idea of gambling/losing even internet magic money. Exchange is a bit more straight forward, but a lot more complicated in my opinion. (no fiat though, lots of people try to add fiat or things that act like fiat... that gets complicated.)

Another fast withdraw off FreeBitco.in... thanks fellas! Tongue

Almost to 10 million Bitcoins processed through the FreeBitco.in account.