What Are Airdrops in Crypto?

Airdrops are free distributions of tokens to wallet holders, often used by new crypto projects to raise awareness. To qualify, users may need to hold a specific token, perform tasks, or sign up for an event. Airdrops can be lucrative but are often limited-time opportunities. Binance has hosted airdrops for various projects, and being active in the community can improve your chances of receiving one.

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