WHAT? I CAN earn from cryptocurrency without INVESTING!

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Avatar for Kriz_Koncept
2 years ago
Topics: Cryptocurrency

FIRSTLY, what's an Airdrop?

An 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.

Are Airdrops safe?

Absolutely not...... umm.. this is hard... Some are..

Some aren't

A legitimate airdrop asks participants for their wallet's public address(From Trust wallet or Metamask). Some may ask for BSC/BEP20 or ERC20 and the likes.

A scam airdrop, however, asks for the private key/wallet pass phrase (usually 12-24) to your wallet as well. Those who don't fully understand how a crypto wallet works and/or how little you can trust people on the internet are most likely to fall victim to this scam.

What's BEP20(BSC) or ERC20?

BEP20 is a developer-friendly token standard that allows anyone to deploy fungible digital currencies or tokens on Binance Smart Chain. What's more, leading digital assets on other chains can be ported onto Binance Smart Chain in the form of pegged BEP20 tokens.

Same goes with Erc20

N.B. BSC (BEP20) address is the same as ERC20,POLYGON (MATIC) and the likes so far they are from the same wallet

FROM MY BELOVED TRUST WALLET

Does it mean I can't get scam tokens in my wallet

Absolutely not...

In fact there ar.....

Sorry I tried to get a screenshot of my wallet from blockscan.com

Viewer A: Oh! This guy is rich

What! Nooooo.... what you see is a manifestation of locked and untouchable tokens

Apparently... a lot of airdrops are just made for awareness and followers... you can't even spend them

Then why did you say I can earn without investing in cryptocurrency

I did say that... now I'm having a conviction... I did not lie to you

Some virtual currencies are quite real... not just all of them... I'm a witness

Can Airdrops make one rich?

The average value of an Airdrop is around $30, but the figure varies wildly, as you will see below. Many airdrops offer additional tokens if you refer a friend. Airdrops are a low-cost way of spreading the word and building a community around a project. Airdrops can be hugely profitable. Maybe not

Where can I get airdrop updates?

Apparently... there are a lot of sites for that

But guess what?

Guess..

Guess...

Guess....

I found some sites just for you

Where can I get free airdrops?

4 Best Sites to Look Out for Cryptocurrency Airdrops

I am a novice(newbie) when it comes to Airdrops... Do I have to Pay?

Go back to the first sentence...

What are Airdrops? Airdrops are free tokens that you are eligible to receive as a result of being an early adopter of a cryptocurrency project.

Thanks for patiently reading😊

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Avatar for Kriz_Koncept
2 years ago
Topics: Cryptocurrency

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