What is an AirDrop in Cryptocurrencies?

It is a free distribution of tokens or digital coins made by crypto projects as a form of marketing, reward, or to promote a new network.

Types of AirDrop

1. Registration AirDrop (Standard)

You register on a website/project and provide your wallet to receive tokens.

2. Holder AirDrop

You receive tokens automatically for already holding a certain cryptocurrency (e.g., those who have Ethereum receive tokens from a new project on the Ethereum network).

3. Task-based AirDrop

Requires you to perform actions such as following on Twitter, joining a Telegram group, or sharing posts.

4. Snapshot AirDrop

A “snapshot” (record) is taken of the wallets that hold a certain coin at a specific block. Then, those who were qualified receive the tokens.

How to Participate in an AirDrop (Step by Step)

1. Create a compatible wallet

• Use wallets like MetaMask, Trust Wallet, or Phantom (depending on the network: Ethereum, BNB, Solana, etc).

2. Follow the announcements

• Follow reliable channels:

• Twitter of the projects

• Sites like airdrops.io, CoinMarketCap Airdrops, Telegram and Discord groups

3. Check the requirements

• Some require:

• Filling out forms

• Connecting your wallet (beware of scams!)

• Following social media accounts

4. Perform the tasks (if necessary)

• Follow the required profiles, share posts, join groups, etc.

5. Submit your wallet address

• Only send the public address, never the private key.

6. Wait for the distribution

• It may take days, weeks, or occur in stages. Stay alert to official channels.

Security Tips

• Never share your private key.

• Avoid connecting your wallet to suspicious sites.

• Use a secondary wallet just for AirDrops, if possible.

• Check if the project is legitimate before interacting.

#AirdropStepByStep