Cryptocurrency Airdropping explained: Read this if you have been having troubles understanding it

0 33
Avatar for Onyxchuzzy
3 years ago

Crypto airdropping is a distribution process that enables one to get free cryptocurrencies that are mostly new. Bitcoin made airdrops during their first years in the market. New cryptocurrencies seek to establish a market base and also create awareness by giving you simple tasks.

The most reliable crypto airdrop that consistently alerts subscribers of current and credible distribution chains, is the airdropbob.com. you can google that. There are other airdrop sites, aside the one mentioned here.

Before starting a particular airdrop for a new coin, you need to have a Telegram account, Twitter, medium, Reddit, YouTube in some cases, and even linked on.

You should have a wallet address because some new cryptocurrencies pay in existing currencies (mostly ethereum), while some pay airdroppers who have successfully carried out assigned tasks with their coins. Here comes what you should do, in order not to lose airdrop opportunities.

Subscribe for the news alert on airdrops, scroll down the page and you would see something like the one below:

Using the screenshot below of a new airdrop by Cezo, the assignment to be carried out are eight 5 in number. Only when these tasks are carried out, and the crypto coin is accepted in at least one exchange market, will a value for the currency be obtained.

Whether or not it has gain acceptance in Binance, the cryptocurrency will be dropped to a suitable wallet once the due date is reached. I always advise that you read the new crypto's white paper, to have an idea of the aim and market target, they hope to trade-in.

One important thing to not forget is to keep yourself updated with their activities so that you don't miss out. Thank you for reading. Like this article, if you got informed.

4
$ 2.23
$ 2.23 from @TheRandomRewarder
Avatar for Onyxchuzzy
3 years ago

Comments