Crypto Airdrop

A crypto airdrop, in the cryptocurrency business, is a marketing stunt that involves sending coins or tokens to wallet addresses in order to promote awareness of a new virtual currency.

Crypto users that use new or existing platforms can receive an airdrop of a specific amount of coins from new blockchain-based projects and developers. These developers send out free tokens to members of their communities to promote their tokens as part of a broader marketing initiative.

The main idea is to make crypto users familiar with new tokens by sending them a free reward to thousands of different wallet addresses urging they will invest in their currency and start using it.

Most of the time, crypto users have to complete a certain task to participate in contest and win a part of the airdrop. Tasks usually involve things like:

Following an account on social media (Twitter, Facebook, etc)
Retweeting, sharing a post
Tagging a specific amount of your friends
Creating a verified account and signing up to their platform
But in some cases, crypto users do not need to do any task to participate.

Is it Safe?

There are some ways to judge if an airdrop is safe and worth dealing with it. Because "free money" sounds good, creators issue tokens and hope there will be enough hype surrounding it to make it popular among crypto community and get it listed on an exchange. When tokens begin trading, the developer can sell their sizeale portion of token, crashing the price and let the other holders with empty hands.

In addition, scammers often send a small amount of cryptocurrency to a random user to erode his privacy and. The attacker tracks down the transaction acitivity of the wallet tokens and gain access to victim's wallet.

How to be aware of a crypto airdrop?
So as not to lose any crypto airdrop you should:

Check Twitter for the #airdrop hashtag and see the current airdrops.
Enable notifications from dedicated crypto airdrop websites and platforms via email about upcoming offers and airdrops.
Use and visit different cryptocurrency services, produckts, platforms and blockchains.

But the most important thing is to have a verified wallet adress. Nobody can receive or claim an airdrop without having a wallet address. Using an exchange address is convenient but not always suitable for airdrops, because most of the coins are new and haven't been listed in famous exchanges. Metamask is the most suitable wallet to use for such occasions.

Install Metamask: https://metamask.io/

Famous Websites About Crypto Airdrops

https://airdrops.io/

https://coinmarketcap.com/airdrop/

Crypto Airdrop: How to earn coins for free!

Crypto Airdrop

Is it Safe?

Famous Websites About Crypto Airdrops