Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
trblshtr
on 16/04/2024, 17:22:37 UTC
This is my current Annual Interest Rate:
https://i.ibb.co/BtYZkSH/annual-interest-rate.png
ANNUAL INTEREST RATE
4.39% (+0.31%)*
Seems like you haven't understood the system yet even though hosseinimr93 has explained it above, and id5000 has shown you the calculation. Freebitco team has mentioned this in the premium membership page

Quote
Receive 1% cashback on your MULTIPLY BTC / BETTING wagers, 16 free Wheel of Fortune spins daily and 25% increase to interest rates by buying and holding FUN tokens in your FreeBitco.in account!

They have said about the increase of the 4.08% interest rate by the 'X' percentage. The 7.5% increase of 4.08 is: (7.5÷100) × 4.08 = 0.306%. It has been rounded up to 0.31%. Therefore, your interest  boost amount is accurate there. Try to understand the system properly.

Firstly thanks for your example. Please correct me If I understood something wrong. Thats why I am here. What can easily be misunderstood is that there is a difference between Annual and Daily Interest separately calculated.

I understand the value in brackets (0.31%) is the so-called Bonus Interest for FUN holders that is already included in the value before the brackets (4.39%).
To get the Daily Interest calculated based on the Annual Interest 4.39% (Bonus of 7.5% already included) then I result in 0,0121944444 and not 0.01178082%.
My calculation is 4.39/360=0,0121944444 to get the daily interest. But on my EARN BTC tab is just @ 0.01178082% * per day given..

From my point of evidence this looks like if the fixed daily rate is wrong (not corresponding with the Annual Interest) and seems to be like scam or an error.
This means loss for me day by day if this is not fixed. I am searching for support but nothing happens. I am not that guy that waits six months to get support response..

My initial question was how long to wait before I open a separate Scam accusation here?