Airdrop – what is it in cryptocurrencies and how to get it?

To launch a new cryptocurrency, a promotional campaign is required. People need to learn about it and, ideally, believe in its prospects. The wider the spread of information about the new token, the greater its chances of establishing itself in the market in the future. One way to promote a cryptocurrency is by conducting airdrops.

An airdrop refers to the free distribution of tokens of a project for performing specific actions, such as subscribing to social media accounts or finding bugs.

For users, participating in airdrops is an excellent opportunity to receive tokens without any investment, which may become valuable in the future. For organizers, it helps create awareness about their cryptocurrency, and some participants in the airdrop may become interested in the project and purchase tokens later on.

In addition, airdrops often involve completing certain tasks. For example, you may receive 100 units of a cryptocurrency by simply filling out a form. If you also follow the cryptocurrency's Twitter account and retweet a post, you may receive 200 units. By subscribing to their Telegram channel, you might earn 300 units, and so on. The tasks can vary.

To participate in airdrops, it is advisable to create accounts on popular social media platforms and messaging apps. You will also need a wallet for ERC20 tokens since many new assets are based on this platform. Additionally, you may need to create wallets for other cryptocurrencies. It is helpful to have knowledge of English to quickly understand the task requirements and complete them. If you aim to maximize your earnings and complete all tasks, participating in airdrops may take some time, but not too much. However, you can also collect coins without much effort by completing only the simplest tasks, which will require very little time.

It is difficult to estimate how much you can earn in advance. Sometimes, out of a dozen projects, none may reach an exchange, resulting in the received tokens having no value. However, in other cases, a successful airdrop can turn into thousands of dollars after years.