First of all, let’s focus on the airdrop cryptocurrency meaning. What does airdrop mean? Maybe you’re a newbie in the crypto world. And it’s better to know what you’re dealing with… So, a crypto airdrop, coin airdrop, or cryptocurrency airdrop, is a limited-time event created b a cryptocurrency project to promote their digital asset. How? By distributing their crypto-tokens or coins to early adopters, for free. In other terms, projects airdrop coin.
While there aren’t many requirements to get free airdrop coins 2020, you may have to work a little to get your free crypto. Indeed, you may have to complete simple tasks, such as:
- creating a post on a blogging platform;
- liking a page on Facebook;
- following a Twitter account;
- inviting a few of your friends in a Telegram group;
- sharing personal information (profile or contact list).
Also, you may need to be active in the crypto community. Indeed, some crypto airdrops and bounties are restricted and noobs can’t get in…
But don’t worry too much about the airdrop requirements now. Because we’re not only offering a crypto airdrop tracker, with a list of airdrops. But we also explain how to get free tokens with all upcoming airdrops!
Also, you may have to hold some coins from a specified blockchain in your wallet. Most likely for a bitcoin airdrop or an ethereum airdrop, because they’re the most popular out there. But a free coin airdrop can be done on any blockchain.
However, ethereum is dominating the cryptocurrency giveaway industry, with their ERC20 and ERC223 tokens. And that’s very convenient, to have all your airdrop coins in the same wallet! There’s a page where we conveniently listed all the ethereum airdrops.
And this brings us to the best part: You can receive free cryptocoins anytime, without even knowing about it! Indeed, some platforms give away tokens to people holding some of their coins, just like that. Therefore, we’d recommend you to hold a little bit of the most popular coins in your portfolio.
And enjoy as many freebies as possible!
Some projects, but not all, allow you to earn more tokens with their referral programs. And when you join their campaign, they create a unique URL you can share with your friends and family. Every time one of your referral signs up, you get a reward!
When factions disagree on the governance of an original blockchain, they create a hard fork. It’s an event during which a blockchain separates into two blockchains. And it’s the reason why we now have bitcoin cash and ethereum classic.
How do you get free crypto with a hard fork? Let’s say you’re holding 1 coin on the original blockchain. After the fork, you will have 2 coins : One on each blockchain!
While bounties are similar to crypto airdrops, they’re a bit different. Because the aim of the project is not only to give away free tokens but to improve its overall quality.
So you may need skills to participate: Coding, translation, content writing, etc.
Now you know what is airdrop coin. But why would projects give away free cryptocurrency air drop? A coinairdrop is a win-win situation: On one hand, you get free tokens crypto which could worth something in the future. And on the other hand, blockchain projects raise awareness for their crypto-projects during their ICO airdrop.
Because it’s free viral advertising for them, giving away tokens that are worth next to nothing. And that way, they’re able to create a community around their coin. Indeed, if you give someone a coin, he or she’ll likely get involved, to get some money out of it.
Also, giving away some tokens cause the new currency to appreciate. Because if you have a token, you’re inclined to give it more value than if you hadn’t heard of it.
Furthermore, it’s a way of creating a customer database for a cheap price. And I don’t need to remind you of the saying: If you’re not paying for it, you’re the product! Because these projects collect all the data they can in exchange for a few worthless tokens…
Finally, it seems there’s a new trend of digital currencies that don’t require mining coins. And this is an interesting concept when we see how much energy and computing power is needed to mine bitcoins. So users don’t mine coins, they generate them during a Token Generation Event (TGE). And sometimes projects distribute all their tokens during a crypto airdrop campaign!
Coin-airdrops are a brand new method to distribute free tokens in the cryptocurrency community. As a result, there isn’t any standard set of rules yet. And each blockchain team can request whatever they want from their backers.
But always beware of scammers!
Legit coin airdrops will never require you to share your private keys. And if you find one that does, please report it to the community. Because unscrupulous people are definitely behind it.
While we’ll give you as many details as possible for each coin airdrop, you may have to get in touch with the developer directly.
If you need specific coins during a cryptocurrency airdrop, the dev team will take a photo of the corresponding blockchain. And only the people holding the crypto-currency in their wallet at that time will be able to get the free tokens crypto.
While you may get the tokens automatically, you may also be requested to claim airdrop tokens on the project’s website.
If the free coin airdrop is linked to a social media network, you’ll have to share or retweet a post with a link to the project. And you may need a certain amount of followers to be eligible…
Also, some teams request access to your contact details and list of friends!
You’re all excited because you got some free cryptocoins. But what now? Are you a millionaire yet? Not really… And after a coin airdrop, there’s nothing much to do. Because nobody has heard of the new crypto-currency… And it’s not even available in any exchange, yet.
While you can exchange coins with other early adopters, your solutions are too limited. And despite the value the project announces, it’s really worth nothing.
But don’t despair yet. Because it becomes interesting when the new crypto arrives in the exchanges. And that’s when you know the real price of what you received. However, most backers usually want to sell their coins, to get fiat money (USD, EUR) or other cryptos (BTC, ETH). So the price may not be up to your expectations…
Here are some of the exchanges we recommend:
Anyway, you don’t have to sell your free cryptocoins, you can hold them for a later use.
First of all, you need a wallet, to be able to receive, hold, and send the newly minted crypto. While you can find many web-based wallets, a.k.a. hot wallets, we recommend you to use a hardware wallet. Trezor is the original and most secure cold wallet. And it’s compatible with most crypto airdrop free tokens!
And you must keep secret your private keys to your coins and tokens. Otherwise, they’re not yours. Period. While you can share your crypto address, you must never share your private key! If you do, you can say goodbye to your coins.
Finally, remember that this is your best airdrop alert website! So don’t forget to register for our newsletter above, or to subscribe to our Telegram channel, our Facebook page, or our Twitter account. And you won’t miss a single airdrop crypto!
Crypto airdrops are ephemeral. And when the campaign is over, it’s too late: You can’t get free cryptocoins anymore. But enough with the FOMO already! Because there are many ways to get free crypto online.
And you can even earn the most popular cryptocurrencies safely from your couch – every day, even every hour! Discover how to earn:
We try and use each platform we recommend: Faucets (check out our best bitcoin faucets), paid-to-click sites (PTC), and games. So you can avoid the most common problems and maximize your earnings. And we also listed interest accounts to make your money work for you!