The FREE coin project wants to allow everyone the possibility to become an “early adopter”, so that everyone has the chance to participate in this wealth creation Cryptocurrencies will become worldwide the standard “storage of value”, and will replace current methods to store value (fiat money, bank accounts, pension funds, precious metals, derivates, …).
Because of the laws of Supply and Demand, the value of cryptocurrencies will increase fast, for some coins the value will really explode. Lots of new wealth will be created during this process (and existing wealth will be transferred from the old storage of valuable items to cryptocurrency). People that will be early adopters of cryptocurrencies will profit from these price increase and will generate a lot of wealth.
What is Freecoin
The FREE coin is the ideal coin for starters in Crypto: low introduction price so real growth potential, friendly community to support you, and a wide range of Exchanges and Wallets.
For every starter the FREE is the ideal coin to learn all aspects of crypto trading with very low financial risk. But also for the experienced crypto user the FREE coin offers a nice diversification of your current crypto wallet..
The 3 main objectives :
- Pave the way for the GLOBAL MASS USAGE of cryptocurrency: 98 % of the world population still has to “learn how-to-crypto”. Our FREE coin is ideal to learn how to crypto: a low-cost/low-risk multi-chain community coin with real world use cases and a large supportive community.
- Make cryptocurrency INCLUSIVE: allow access to cryptocurrency profits also to people with less financial means. Therefore we do the initial distribution at a low price.
- FREEcoin-ize the unbanked: Low income areas are currently without classic banking services.Such classic banking services can not be implemented in a profitable way in those areas. The FREE will allow for P2P, P2B and B2B payment transactions at lowest cost in those areas.
The FREE coin is a utility coin to support the digital transformation of the global money market : from Fiat to crypto
The FREE coin is circulating on the Ethereum Blockchain, Binance Smart Chain and on the TRON blockchain. More blockchains will be added in the future.
This makes the FREE coin one of the few cross-blockchain coins (another example of a cross-blockchain coin is USDT).
Free Coin Review
The demand for cryptocurrency will explode – billion(s) of persons will want to invest in cryptocurrencies. It’s also crucial to consider the best income-generating assets. And then banks and companies will also want to invest …
However, the current cryptocurrencies are not suited for mass adoption. Look at Bitcoin, Ether, Litecoin, Bitcoin Cash, Neo, Monero, Dash, ZCash, Qtum, Ven, Lisk: the available supply of these coins is expressed in millions, not in billions.
Suppose that a billion people are going to invest in Bitcoin or Litecoin or Bitcoin cash: the price will increase so much that these coins will become useless as an “exchange of value” because the transactions would have to be executed at so many decimal points, that it would become unreadable for humans: “A bread? That is 0,00000012 Litecoin please”
To support the mass adoption, the FREE project will deliver :
A FREE coin which :
- Has a supply that is high enough to be used by every person on earth
- Is launched at a price that is so low (and 50% even free of cost during the first 3 months) that also people with less financial means can own FREE coins.
- Active promotion and support to people worldwide to adopt cryptocurrency in the easiest and most low-cost way.
- A FREE coin that can be used in real life to store and transfer value, and to perform payments in e-commerce, in shops, and on vending machines.
They decided to deliver this solution using the Ethereum Blockchain:
- Wallets and Exchanges are widely available
- Proven technology, that is sufficiently fast, and reliable to be used for storage and exchange of
value - Mining is guaranteed also in the future, due to the many altcoins that run on top of
Ethereum
Is Free Coin Legit
Yes FREE coin is legit.
FREE Coin Token Details
The FREE coin is created as an ERC20 smart contract on the Ethereum ETH blockchain.
- Free coin smart contract address can be consulted at https://etherscan.io/address/0x2f141ce366a2462f02cea3d12cf93e4dca49e4fd
- Freecoin smart contract code can be consulted at https://etherscan.io/address/0x2f141ce366a2462f02cea3d12cf93e4dca49e4fd#code
- Free coin distribution of the FREE coins over the different coin holders, can be consulted at : https://etherscan.io/token/0x2f141ce366a2462f02cea3d12cf93e4dca49e4fd#balances
To be able to act as a “store of value” and an “exchange of value” the FREE coin has to meet 2 requirements :
- Enough coins have to be available, to allow everyone worldwide to use it
- Enough coins have to be available, so that price is less volatile and can be used for the exchange of value
They decided to create 10.000 Billion FREE coins. Is this not too much?
No, this is only about 1.400 FREE coins per person on earth. Furthermore, there is today 80.900 Billion “dollar equivalent” stored in bank accounts and banknotes/coins worldwide. And even a much higher value is stored in “derivates” and precious metals.
So there is only 1 FREE coin for every 8 Dollar equivalent that exists today in banknotes/coins and bank accounts.
This means that the FREE coin cannot become the only worldwide cryptocurrency, but can take a leading position among the few cryptocurrencies that will be adopted worldwide as a transfer of value and as payment coin.
Let’s compare the number of the FREE coins also with the value of EURO’s in the European Community: 500 million inhabitants use 1.300 Billion Euro in banknotes/coins and have at least 19.000 Billion Euro in banks (these figures are related to the 10 largest banks only, so the real total of all banks will be much higher).
When 500 million inhabitants of the EC have more than 20.000 billion EURO in banknotes and bank accounts then a total of 10.000 billion FREE coins for 7 Billion people worldwide seems correct?
Where to Buy FREE Coin
Buying FREE Coin (FREE) for funds from your bank requires a 2-step process. You’re going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you’re going to transfer your newly bought crypto to a marketplace that sells FREE in exchange for bitcoin or Ether.
FREE Coin Price Predictions
The FREE Coin price on Feb, 16th is $0.000002 USD with a 24-hour trading volume of $171,581 USD. FREE Coin is down 14.70% in the last 24 hours.
The current CoinMarketCap ranking is #649, with a market cap of $16,635,689 USD. It has a circulating supply of 9,706,957,259,292 FREE coins and the max.
The top exchanges for trading in FREE Coin are currently:
- CoinTiger,
- PancakeSwap,
- LATOKEN,
- ProBit Exchange, and
- Cat.Ex
Free coin Wallet
You can store the BEP20 FREE Coin in TRUST wallet (smartphone) and Binance Chain Wallet (extension on Chrome browser). Below is the list of supported wallet for Free coin, they are:
- Metamask
- Trustwallet
- Tronlinkpro
- Klever
- Coinomi
- Coinbase
- Imtoken
- Trust
- Myether wallet
- Bitberry
- Lumi
- Exodus
- Vision
- Tocken pocket,
- Ledger Nano, and so many more
Free coin takes the Ledger Nano S is one example of the many available hardware wallets. They allow you to store your crypto off-line, the most safe method.
FREE Coin Exchanges
The FREE coin can be traded via address trading on more than 30 exchanges, including several coinmarketcap top10 exchanges. The project team will continue to negotiate to have the FREE coin listed at the majors exchange.
Source | Pairs | Price | Volume | Volume % | Liquidity | Confidence | Updated | |
|---|---|---|---|---|---|---|---|---|
| 1 | PoloniDEX | FREE/TRX | * $0.000002476 | ** $74,430 | 0.00% | – | High | Recently |
| 2 | STEX | FREE/USDT | *** $0.000001980 | *** $35,634 | 0.00% | 9 | High | Recently |
| 3 | ProBit Exchange | FREE/USDT | *** $0.000001902 | *** $24,036 | 0.00% | 31 | High | Recently |
| 4 | Crex24 | FREE/USDT | *** $0.000001841 | *** $14,165 | 0.00% | 19 | High | Recently |
| 5 | Crex24 | FREE/BTC | $0.000001458 | $13,335 | 7.77% | 12 | High | Recently |
| 6 | Cat.Ex | FREE/TRX | $0.000001769 | $11,841 | 6.90% | 9 | High | Recently |
Final Verdict
With approximately 1280 FREE coins available for every person on earth, the FREE coin refers to itself as the first crypto coin with the correct level of supply to support the anticipated global crypto adoption.
The FREE coin was launched in April 2018 by a small group of volunteers based in Europe and Asia. The FREE coin is for its technical development backed by FREE Crypto Ltd, based in Mahe, Seychelles. The technical platform is the ETH ERC20 standard.
The FREE (refers to FREEdom) coin facilitates every one worldwide to participate in the wealth redistribution and creation that is going on thanks to the introduction of blockchain and cryptocurrencies.
The FREE coin has no formal central Management team : Decisions are taken into consideration by the Administrators of the different FREE coin Telegram Groups (The FREE coin has Global, Regional and National Telegram Groups active).
All people working on the FREE coin are unpaid volunteers. No paid marketing is used. The team bootstrapped the project without external investors to reach a maximum spread of FREE coins over the population and to avoid crypto whales that can control the project.