Airdrop – What Is It in Cryptocurrencies and How to Get It?

Airdrop – What Is It in Cryptocurrencies and How to Get It?

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Launching a new cryptocurrency requires a marketing campaign – people need to learn about it and ideally believe in its potential. The wider the information about the new token spreads, the greater its chances of establishing itself in the market in the future. One of the ways to promote it is through conducting airdrops.

An airdrop refers to the free distribution of project tokens for completing specific actions: subscribing to social media, finding bugs, etc.

Moreover, airdrops often involve completing specific tasks. For example, you might receive 100 units of cryptocurrency simply by filling out a form, but if you also subscribe to the cryptocurrency's Twitter account and retweet – you could get 200 units; subscribing on Telegram might earn you 300 units, and so on. The tasks can vary.

Therefore, to participate in airdrops, it’s worth creating accounts on popular social networks and messengers. You’ll also need a wallet for ERC20 tokens – many new assets are based on this platform. Additionally, you’ll likely need other wallets as well. Knowledge of English will be helpful for quickly understanding task requirements and completing them. If you aim to maximize your earnings by completing all tasks, airdrops might take some time but not too much. Alternatively, you can collect coins without much effort by only completing the simplest tasks – this way, you’ll spend minimal time on it.

It’s hard to estimate how much you can earn even approximately: sometimes none of the projects from dozens make it to an exchange, meaning all received coins are worthless; other times, one successful airdrop years later could turn into thousands of dollars.

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