Overview
What Is Bitcoin Libre?
Bitcoin Libre is a non-custodial Bitcoin wallet with a free rewards feature in the app. To start earning, simply download the app on iOS or Google Play and spin the wheel every 24 hours. You can get started in seconds since no email or KYC is required to sign up.
With each spin, you will earn a random amount of Bitcoin between 5 and 5,000 Satoshi's. It will be instantly credited into your account.
How Much Can You Earn?
How much you earn will depend on your luck and the price of Bitcoin. Each spin can win between 5 and 5,000 Satoshi's every day (0.00000005 BTC to 0.0005 BTC). As of this writing, 5,000 Satoshi's is worth $0.97 USD. Bitcoin Libre won't make you rich, but it's a free app so you can't expect much.
You can use this Satoshi Converter to see the current USD value.
You can also earn additional rewards by inviting friends with your referral code. Every time they spin the wheel, you earn as well.
Is Bitcoin Libre Legit?
When you spin the wheel, Satoshi's do get deposited into your account. However, deposits and withdrawals have been disabled since around Jun 17, 2022. It's under maintenance but a few weeks have passed and the team is not posting any updates. As of this writing, it's July 3, 2022. I will keep an eye on the withdrawal status and make an update if anything changes.
On the bright side, the app does have good ratings overall. On the Google Play Store, Bitcoin Libre has 50,000 downloads with a 4.7-star rating. On the App Store it has a 4.5-star rating across 300 reviews. There are some negative reviews about the app crashing and not being able to withdraw. But overall, the ratings look positive.
How Do They Make Money?
I was not able to find any info on how Bitcoin Libre makes money. It's unclear how they are able to pay for the daily spins and rewards.
Pros
- Get started in seconds (no email or KYC required)
- Earn free Satoshi's every day with no effort
- Earn even more by inviting friends
- No ads in the app
Cons
- It's unclear if this project is legit. I am still vetting it
- It won't make you rich
- Rewards are very small (only 5 to 5,000 Satoshi's)
- Some reviews claim the app crashes and they don't get the rewards
- Some reviews have trouble withdrawing funds
Is Bitcoin Libre Worth It?
If you're trying to make lots of money, Bitcoin Libre is not for you. But if you want a free, easy way to earn some Satoshi's for no effort, then you can give this app a shot.
However, I would wait and find other opportunities in the meantime. Right now, it's unclear if this project is legit. Withdrawals are disabled and there is no communication from the Bitcoin Libre team.
If you want to try Bitcoin Libre anyways, you can sign up here and use code NowFuture when you download the app. If you want legitimate Bitcoin rewards where you can cash out quickly, check out my Bitcoin Blast post.
More Information
- Libre Whitepaper
- Libre Twitter
- www.Libre.org
- Customer Support: Submit A Request
