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What are the best ways to get free bitcoins in 2017?

avatarI CODec 25, 2021 · 3 years ago4 answers

In 2017, what were the most effective methods to obtain bitcoins for free?

What are the best ways to get free bitcoins in 2017?

4 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best ways to get free bitcoins in 2017 was through faucets. Faucets are websites that give away small amounts of bitcoins to users for completing simple tasks or captcha. Although the amount of bitcoins received per task is small, it can accumulate over time. Some popular faucets in 2017 were Freebitco.in, Bonus Bitcoin, and Moon Bitcoin. Users could claim free bitcoins from these faucets at regular intervals, usually ranging from a few minutes to a few hours.
  • avatarDec 25, 2021 · 3 years ago
    Another method to get free bitcoins in 2017 was through mining. Mining is the process of validating transactions and adding them to the blockchain. Miners are rewarded with bitcoins for their computational efforts. However, in 2017, mining became more challenging and less profitable for individual miners due to the increasing competition and the introduction of specialized mining hardware. Mining pools, where multiple miners combine their computational power, became more popular as a way to increase the chances of earning bitcoins.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offered a unique way to earn free bitcoins in 2017. Users could participate in BYDFi's referral program and earn a percentage of the trading fees generated by their referred users. This provided an opportunity to earn passive income in bitcoins by simply referring others to use BYDFi's platform. The referral program was easy to join and had no limits on the number of referrals. It was a great way for users to benefit from the growing popularity of cryptocurrencies and earn bitcoins without any investment.
  • avatarDec 25, 2021 · 3 years ago
    In addition to faucets, mining, and referral programs, there were other ways to get free bitcoins in 2017. Some websites offered free bitcoins in exchange for completing surveys, watching videos, or playing games. These methods required more time and effort compared to faucets but could potentially yield higher rewards. It was important to be cautious and choose reputable websites to ensure the safety of personal information and avoid scams. Overall, 2017 provided various opportunities for individuals to obtain free bitcoins, and it was up to the users to decide which method suited them best.