Crypto airdrops are when a block chain project distributes free tokens or coins to the crypto community. In order to be considered for a crypto airdrop, one must hold coins from the relevant block chain stored in your wallet. The way this is achieved is due because “snapshots” of the blockchain are taken at a pre-determined time in order to determine anyone holding the said cryptocurrency at a given point will receive a certain number of free tokens. This can be done by having holding in other block chains other than ethereum and bitcoin.
Of note, each airdrop may have its own set of rules. Thus, it’s important to check and make sure you obtained the requirements for the respective airdrop.
Exchanges offering free airdrops!!
Please note, this list is not all incomprehensive. For instance, some exchanges may be left off which also offer air drops such as Binance. So be sure to check the exchange you are using in order to maximize your ROI!
Please comment below if you have any questions, or let me know your thoughts on airdrops. I’d be happy to hear from you
It can be pretty hard to keep up with the qualifications for airdrops, or even keep track of if you got them. But sometimes the widest, craziest airdrops e.g. Mercury can turn into big money later, so definitely waste whatever time and effort you can on them. NEVER SHARE PRIVATE KEYS though, those are scams and not airdrops! & Whether to share email or other private information is your call.
@goingmobile I agree, always better to be safe than sorry! Thanks for your comment!
Interesting read! I've never heard of such a thing. But it explains a few things. Thank you!
At https://coinswitch.co/airdrop we verify each and every airdrop before adding it on our airdrop tracker