Cryptocurrency Airdrops - a very relevant additional way of income without investments for beginners today.
The concept of Airdrop means the distribution to users of a certain number of tokens of the future cryptocurrency, distributed free of charge.
Using this method project owners reward users for helping to promote these projects and startups by joining groups of social networks, by registering on sites, etc. Ultimately, most of the free coins given to users are traded on exchanges or can be withdrawn through payment systems.
In this way, the authors of startup projects attract new investors and potential customers, practically without any effort, and offer them to use the project service. Also, there is a distribution of information about the existence of the system for as many as possible of any users. That is, the ultimate goal of cryptocurrency airdrop is advertising the project.
How much can you earn with Airdrop companies?
To get a really good income, as practical experience shows, one must actively participate in several airdrop companies, preferably starting from 15 and more. Not all blockchain startups are successful in the future. Statistics show that only 1 out of 10 achieve real success. Therefore, the choice of projects should be treated carefully and thoughtfully.Many tokens that are in the top 100 on Coinmarketcap were initially distributed free of charge. The best Airdrop companies in the year before last 2018 were HYDRO. They handed out to the first 25,000 registered participants 222 thousand tokens each, the price of which in mid-2018 reached $ 0.015 per coin, as well as ONT and dozens of other projects. Patient users who regularly went through Airdrops were able to earn without referrals, on these two projects alone more than $ 5,000.
Types of Airdrops
Auto
Automatic Airdrop provides for the free distribution of coins to everyone who holds a certain cryptocurrency. Mostly the distribution comes from a 1: 1 ratio. For this type of airdrop, you need to have a wallet where the coin will be based on which the Hard Fork event occurs
(Hard Fork - This is a situation in which a software update occurs on the cryptocurrency network, which all nodes must agree to.)
Encouraging
This form of airdrop allows any user to participate. Coins are issued for certain actions that help promote a specific project. Everything is extremely simple here and does not require any expenses. A project may request some action. In particular, subscription in official chats, Telegram and Twitter channels, reposts in social networks, likes, activity on the BitcoinTalk forum.
What do you need to participate in Airdrop and get coins?
To start receiving coins, you have to perform simple tasks, such as joining a telegram channel, exchanging messages on Facebook and Twitter, registering on their website, etc.
First of all, you need to have several basic tools in order to be able to participate in about 90% of Airdrop companies. To do this, take the following steps:
- Register a separate contact email address to which many notifications will come.
- Register accounts on social networks: Telegram, Twitter, Facebook.
- In most cases, you will also need accounts on Linkedin, Reddit, Instagram, Medium.
- Create a new Ethereum wallet address with token support in accordance with the ECR-20 standard, which will be used only to collect drops of cryptocurrency.
All accounts on social networks must be working and active.
An Ethereum wallet must be active, that is, at least one normal transaction must be completed. Often, many projects first check to ensure that free coins do not fall into unused wallets, so if there is no activity in your wallet, it will not receive anything. Sometimes coins are sent to wallets that satisfy some more stringent conditions, for example, with a certain type of balance.
In the long run, it is recommended to use popular hardware wallets such as Ledger Nano S or Trezor.
Important Note: NEVER under any circumstances pass your PRIVATE KEY to anyone. Share only your public address - this is completely normal and even necessary!
Next, you can proceed to the selection of suitable projects that distribute cryptocurrency and register with them.
When will tokens come and where to sell them?
Coins will not come immediately, but only when the Airdrop company ends. This can take some time, from a few days to several months.
Since cryptocurrencies are new, they are not yet listed on major exchanges such as Binance or Latoken. Nevertheless, there are dozens of other crypto exchanges where they can trade, to find out you need to visit Coinmarketcap and search for this coin on the exchanges.
If the coins are present on the exchange, then you can see their real value and evaluate how profitable it is to sell them at the moment or wait until the price rises.
Sometimes it happens that tokens received as a result of Airdrop are not traded on the exchange. In this case, these tokens must be stored in the wallet, or in other words, “hodl” and wait for the moment when a new currency appears on the market. Few but some crypto projects will be very successful, and if you decide to keep their tokens, then you are the winner.
How to find out about future Airdrops?
There are many forums and sites through which everyone can receive regular updates about Airfields.
Coin developers also use their own distribution channels, such as social networks, the Bitcointalk forum, Telegram, and Medium, to inform users about upcoming Airdrops. Here are some of these services:
AirdropAlert.com
https://airdrops.io/
https://airdropking.io
Conclusion
Cryptocurrency airdrop is an attractive option for promoting a specific blockchain project through the free distribution of tokens, derivative digital assets. Any novice user can get new crypto coins for free, which will grow in price in the future. On the cryptocurrencies organized by airdrop, experienced users can earn substantial amounts.
It is necessary to carefully monitor each project, isolating promising, noteworthy proposals from the mass of analogs. There are tokens with great potential. It is they who, without any investments, make it possible to receive a profit of up to several hundred and thousands of dollars. You need to have time to timely recognize a good airdrop in order to fully utilize every opportunity in today's world of digital technology.
0 Comments