#AirdropFinderGuide

What is a cryptocurrency airdrop?

Cryptocurrency airdrops are free giveaways where projects distribute tokens to certain users. An airdrop sends free money to users' wallets and, in return, the project gains a lot of publicity and recognition. To participate in an airdrop, the user must perform certain actions, such as using a Dapp in advance. Others encourage users to perform small promotional actions, like following their social media.

The largest cryptocurrency airdrops have distributed millions of dollars to their users. UNI and ENS delivered tokens worth over $10,000 to users who had traded on their platforms previously. These airdrops were unexpected and surprised the users.

Advantages of cryptocurrency airdrops

Get free cryptocurrency tokens. Sometimes they can be worth over $10,000.

Can be sold on CEX and DEX

Rewards early users of a project

Requires little work

Multipliers for meeting certain eligibility criteria

Disadvantages of cryptocurrency airdrops

There is no guarantee of receiving every drop

Most airdrops are not worth much

Many scams and risks of draining your wallet if you connect to malicious websites

Downward pressure on the token price

Claim restrictions (for example, can only be claimed in 3 months)

Author: Rank Fi