What are some legitimate ways to earn free bitcoin in 2017?

3 answers

• Nov 29, 2021 · 3 years ago
  Sure! One legitimate way to earn free bitcoin in 2017 is through bitcoin faucets. These are websites that give away small amounts of bitcoin for completing simple tasks, such as solving captchas or clicking on ads. While the amount of bitcoin you can earn from faucets is relatively small, it can add up over time. Just be cautious of scams and make sure to use reputable faucets that have been around for a while. Another option is to participate in airdrops. Airdrops are when new cryptocurrencies distribute free tokens to existing bitcoin holders. This can be a great way to earn free bitcoin, as long as you're willing to hold onto the new tokens and potentially wait for them to increase in value. Lastly, you can try your luck with bitcoin mining. While it's not completely free, mining allows you to earn bitcoin by using your computer's processing power to solve complex mathematical problems. However, keep in mind that mining requires expensive equipment and consumes a lot of electricity, so it may not be the most cost-effective option for everyone. Remember, always do your research and be cautious when trying to earn free bitcoin. There are many scams out there, so it's important to use reputable platforms and exercise caution.
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• Nov 29, 2021 · 3 years ago
  Well, there are a few legitimate ways to earn free bitcoin in 2017. One option is to participate in affiliate programs offered by cryptocurrency exchanges. These programs allow you to earn bitcoin by referring new users to the exchange. You'll receive a commission for each user that signs up and trades on the platform. This can be a great way to earn passive income in bitcoin. Another method is to earn bitcoin through freelance work. Many freelancing platforms now accept bitcoin as a form of payment, so you can offer your services and get paid in bitcoin. This can be a good way to earn bitcoin if you have a marketable skill and are willing to work for it. Lastly, you can earn bitcoin by completing online surveys or watching videos. There are websites that pay you in bitcoin for completing these tasks. While the payouts may not be substantial, it can be a fun and easy way to earn some extra bitcoin. Just remember to be cautious and do your due diligence when participating in any of these methods. There are always risks involved, so it's important to use reputable platforms and exercise caution.
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• Nov 29, 2021 · 3 years ago
  Certainly! One legitimate way to earn free bitcoin in 2017 is through a platform called BYDFi. BYDFi is a decentralized finance platform that allows users to earn bitcoin by providing liquidity to the platform's liquidity pools. By staking your bitcoin and other cryptocurrencies on BYDFi, you can earn a portion of the transaction fees generated by the platform. This can be a great way to earn passive income in bitcoin while also contributing to the liquidity of the platform. However, it's important to note that participating in DeFi platforms like BYDFi carries its own risks. The cryptocurrency market is highly volatile, and there's always a risk of losing your investment. Additionally, there may be smart contract bugs or vulnerabilities that could result in the loss of your funds. It's crucial to do your own research and understand the risks involved before participating in any DeFi platform.
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