What is a Crypto Airdrop?

What is a Crypto Airdrop?

A Cryptocurrency Airdrop is a free Cryptocoin giveaway. It’s a common practice for new Cryptocurrency to reward early adopters by reserving a portion of their coin supply for free distribution. In some cases, to receive the free coins you must perform an action such as site registration, following a social account, messaging a bot, etc. This is generally referred to as a Bounty.

By |2022-03-17T16:32:21+00:00March 17, 2022|0 Comments

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frequently asked questions

How do I get free Crypto?2022-03-17T16:30:19+00:00

Many new Cryptos start by giving away a portion of their coin supply as a way to gain interest in their currency and begin to build their community. All of the Cryptocoins listed on this site are giving away free coins.

Did a Bitcoin Airdrop ever happen?2024-01-02T20:49:33+00:00

Yes. In the early days of Bitcoin, there was a ‘Bitcoin Faucet’, which gave away 5 Bitcoins per visitor. This was essentially a Bitcoin Airdrop.

Do Cryptocoins such as Litecoin, Ripple or Ethereum ever give away free Airdrop Crypto or any other way?2022-03-17T16:25:15+00:00

No. Established Cryptocurrency such as these no longer give coins away, as they are simply too valuable. Most Cryptocurrency end free Cryptocoin promotions after they become available for purchase, reach an exchange, or run out of their initial allotted supply for free distribution.

How many Cryptocurrencies are doing Cryptocoin Airdrops?2022-03-17T16:23:55+00:00

Not every new Cryptocurrency gives out free coins. However, many do, and there are new Cryptocurrencies starting every day. We tend to find at least a few new Cryptocurrencies handing out free coins daily.

If there are so many Cryptocoins flooding the market, why should I care about Airdrops and getting free cryptos?2022-03-17T16:18:55+00:00

Blockchain technology and decentralization is changing the world. Many wonderful Cryptocurrencies with incredible potential are starting all the time. We are still at the early stages of Cryptocurrency and no one knows what the future will bring. Who knows, some coins starting today may some day be worth, $100, $500 even $5,000. Any opportunity to get free Cryptocoins with no risk is worthwhile, even if they become worth nothing. You never know!

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