Newbie help

Cryptocurrency is a type of digital currency, the creation and control of which are based on cryptographic methods.

Generally, the accounting of cryptocurrency is decentralized. The functioning of these systems is based on such technologies as blockchain, consensus register (ledger), etc. Transaction information is usually not encrypted and is available in open form. To ensure that the base of the transaction block chain is unchanged, elements of cryptography are used (digital signature based on a public key system, sequential hashing).

More details here: https://en.wikipedia.org/wiki/Cryptocurrency

Why do we use local cryptocurrency for FreeBit?

To start working with our site, you just need to register and start earning FreeBit's with us! You will be rewarded 0.5% and 0.8% if you buy the speed.

After registration, you need to go to the user account and the mining will start automatically (we remind you that free mining will last only 24 hours, after which you will need to go back to your personal account on FreeBit to restart mining. In case you purchased the speed for mining, then it will not be necessary to do this any more, mining will go 24 \ 7). You can add your FEB's to the following areas: BTC, ETH, Payeer, PerfectMoney (as of 11/20/2018).

Register with Payeer here: https://payeer.com

Register in PerfectMoney here: https://perfectmoney.is

You can register a BTC wallet here: https://www.coinpayments.net/register

You can use other cryptocurrency wallets, for example:

  • Blockchain is the perfect online bitcoin wallet. It has two-step authentication, you can create SEED codes and complex passwords, which makes it very reliable.
  • Holy Transaction is a multicurrency wallet for cryptocurrency, in which you can store 12 types of the most common digital coins, as well as euros and dollars. It has a user-friendly interface, which is especially important for beginners.
  • Cryptonator - is one of the popular online wallets, despite problems with transactions. It also works on mobile devices and is multicurrency, supporting up to 16 cryptocurrencies and 4 official ones, including the hryvnia and the ruble.