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.