What is Lootool ? free bitcoin

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What is Lootool ? free bitcoin

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What is Lootool ?

Lootool is a Bitcoin faucet: a simple way to earn free bitcoins! We want to help provide bitcoins to our users so they can try it out and experience the magic!

We aim at being one of the highest paying faucets out there. We let you chose how often you want to claim so you can collect little by little or once in a while if you feel like it.

We want to hear about you and how you feel about the website. Tell us what you think by sending us an email at contact@lootool.com or just send us a message here.

How much can I earn?

You can earn more than 2400 satoshi every hour. Claim rates will vary with the price of bitcoins and how often you claim. To earn the maximum possible you should claim every 5 minutes but if you wait longer, you will get paid more at once. You can look at all our rates here :

Claim Time	Payout
5 minutes	92
10 minutes	166
15 minutes	224
30 minutes	343
1 hour	494
4 hours	879
1 day	1547
4 days	2197
1 week	2483
4 weeks	3278

How are my earnings paid?

Provided you have accumulated at least 5500 satoshis, you will automatically get paid once a week directly to you bitcoin wallet. If you have registered by email, head to Xapo.com and open a free account. They will give you 5000 bits if you register and verify your email address and phone number, and looTool claims will be paid immediately on your Xapo wallet.

What is Bitcoin?

Bitcoin is the simplest way to exchange money at very low cost.

Mobile payments made easy

Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).

Security and control over your money

Bitcoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

Works everywhere, anytime

Just like with email, you don't need to ask your family to use the same software or the same service providers. Just let them stick to their own favorites. No problem there; they are all compatible as they use the same open technology. The Bitcoin network never sleeps, even on holidays! Fast international payments Bitcoins can be transferred from Africa to Canada in 10 minutes. There is no bank to slow down the process, level outrageous fees, or freeze the transfer. You can pay your neighbors the same way as you can pay a member of your family in another country.

Zero or low fees

Bitcoin allows you to send and receive payments at very low cost. Except for special cases like very small payments, there is no enforced fee. It is however recommended to pay a higher voluntary fee for faster confirmation of your transaction and to remunerate the people who operate the Bitcoin network.

Protect your identity

With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost just like with physical money. You should however take note that some effort can be required to protect your privacy.

You can learn more about Bitcoin on the official http://bitcoin.org website

Ad blocking tools

Lootool shares advertising revenues with its users. If you want to be part of this, please deactivate any ad blocking tools you may have and we will cut you your fair share of the pie!