Cryptocurrency airdrop: TOP 7 sites with a selection of free token distributions

Hello, dear friends! Today we will continue the topic of making money on crypto and talk about such a phenomenon as Airdrop of cryptocurrency. Previously, we have already examined the theory and practice of making money on Bounty programs. Airdrop has a lot in common with this, but there are enough differences , so I decided to devote a separate article to this.

To briefly describe the principle of Airdrop, the essence comes down to the fact that developers distribute crypto for performing simple actions . Agree, it sounds attractive; you can get coins simply for registering on a certain site or for liking a post. If you approach this matter carefully, you can make good money .

What is the point of Airdrop?

To understand the meaning of this action, we need to try on the role of cryptocurrency developers . Imagine - you have organized a promising crypt, the main part of the work is ready, the only thing left to do is to make sure that as many people as possible know about your work. And this needs to be done with minimal costs , because developers rarely have an unlimited budget, and most often they have to save on everything.

Airdrop , literally translated, means a load that is dropped from the air. humanitarian aid is often distributed to hard-to-reach areas. The meaning of Airdrop is approximately the same, only you will be required to complete a simple task. The site has step-by-step instructions for making money on Bounty; I will not duplicate information on them; we will focus on Airdrops .

For clarity, I will provide a comparison of Bounties and Airdrops in tabular form .

I will give an intermediate conclusion comparing Airdrop, Bounty - on Airdrops, earnings are easier , but they pay less. You will have to wait a long time for the Bounty, but you will also receive more tokens.

How to make money on CoinMarketCap airdrops?

One of the largest, most trusted and frequently publishing token giveaway platforms is CoinMarketCap.

Here you will find:

• Convenient, simple and understandable airdrop calendar;

• Verified promotions that have been moderated by the CoinMarketCap service (these are truly official promotions and not data collection, extortion or other types of fraud);

• Sorting by dates, reward amounts, event date.

The service allows you to receive instant notifications by email about the distribution of cryptocurrency.

CoinMarketCap has implemented two ways to get free coins:

• For participation in quizzes (online surveys) – “Learn Crypto. Earn Crypto" allows you, after listening to lectures and completing a survey, to receive coins from dozens of projects, including PERP, XMS, SAND, FOL, SUSHI, IOTX and several dozen others. More information can be found here https://coinmarketcap.com/earn/faq

• For participation in token distributions - exclusive cryptocurrency drawings with a certain number of participants.

Most often, airdrops with a clearly defined budget and dates for token distribution rounds are published on the resource. To receive coins, users must meet a number of conditions:

• Have an account on coinmarketcap;
• Consent to data processing;
• Have an account on Binance, provide your UID;
• Successful fulfillment of the terms of the promotion or 100% correct answers to Learn Crypto questions. Earn Crypto.

The distribution of tokens is usually carried out on the principle of “First come, first received”, however, due to the enormous popularity and competition of up to 2 million people for 200 prizes, lotteries are sometimes held when tokens are distributed randomly.

Classification

Although the essence remains the same, the details of the Airdrops are different. The following types are distinguished:

1. Auto. The most convenient – ​​you don’t have to do anything at all. Occurs when forks cryptocurrencies If you, for example, owned coins MTC at the time of the fork, you received a certain amount Bitcoin Cash after this event. It is calculated depending on the amount of crypto in the account. Authors of new coins can assign tokens to holders of other cryptocurrencies for free. The vast majority of new coins are ERC20, so crypto developers can distribute their coins to Ether holders. The picture below is an announcement that coin holders WCT could get VSN.

2. Conducted to encourage and attract new customers . At the initial stage, it is critical to create a network and increase the popularity of the crypt. For this purpose, tokens are distributed as part of Airdrop and Bounty.

For the first type of Airdrops, you need to monitor the conditions for the accrual of new coins. If you store them on exchange wallets, then some of the platforms may not award tokens after the hard fork. Ideally, you need to store coins in cold wallets : Myetherwallet , Exodus, Jaxx . Usually the conditions are written either on the developers’ website or in the profile thread on bitcointalk.

Airdrops limit

As Airdrop's popularity has increased, concerns have arisen about its validity as a way to build community. Some critics argue that indiscriminate token distribution does little to promote an active community.

Many Airdrops recipients hold onto these tokens, or sell them immediately, and do little to maintain and expand the network after the initial hype begins to wear off.

In the US, this raises questions about tax liability and whether it constitutes income or capital gain. This is where “Smart Airdrops” come in.

Advantages and disadvantages

Among the strengths I would like to note:

• The opportunity to get crypto literally just like that . Examples of tasks: subscribing to a telegram channel, Twitter account, liking and reposting a specific post on a social network;
• Fulfilling the conditions for the Airdrop takes just a few minutes ;
• If the crypto takes off , we get good earnings .

There are also disadvantages

• Earnings are small . To achieve more or less significant results, you need to participate in hundreds of airdrops;
• There are no guarantees that the crypt will rise . There is a good chance that you will end up with a lot of “junk” coins;
• Some of these activities are used by scammers to obtain personal information about users. Newbies fall for these simple tricks;
• It is advisable to have well-developed accounts on social networks with a large number of subscribers and friends.

So if you are counting on a “freebie”, then it’s better to immediately take off your rose-colored glasses . Crypto Airdrops can really bring profit, but you will need to put in some effort. Nobody will just give you money like that .

Why do we need AirDrop, what is the benefit of giving away cryptocurrency for free?

The purposes of free distribution of cryptocurrencies are as follows:

• Increase the recognition of the project through hype;

• Collection of primary data, statistics, and other information from users;

• Testing of certain products, website, functions;

• Increasing internal turnover, launching an ecosystem, starting commercial activities by increasing capitalization;

• Community Development;

• Cooperation with other sites;

• Dissemination of information about the launch of a new project;

• Increased social activity.

Typically, AirDrop is carried out before the full-scale launch of the project, or in this way the developers are trying to breathe life into a slowly developing ecosystem. Large and popular projects rarely resort to large-scale airdrops, but young coins can give solid Xs, especially if a powerful marketing campaign follows and there is a real benefit to the project.

DISCLAIMER: Be careful when participating in unverified activities or dubious projects. Be careful with your passwords and seed phrases. Carelessness can lead to loss of funds due to the actions of fraudsters.

Preparatory stage - what is needed to participate in the distribution of coins

To participate in any Airdrop without exception you will need:

• Promoted accounts on social networks Twitter and Facebook ;
• Availability of a wallet that supports working with ERC20 tokens . Moreover, it must be working, that is, there is not zero activity on it. Cryptocurrency developers sometimes check the wallets of participants and may block those who have no activity. This is how they fight against those who create a lot of accounts and try to get coins for each of them. There are coins not in ERC20 format, the required type of wallet in this case is indicated in the description;
• Recently, a Telegram account . Developers of new airdrops often publish news in this messenger, so don’t be lazy to register;
• Email is an optional requirement, some Airdrops require it, others don’t. To ensure insurance, it is better to immediately create a separate email account, which you will work with only within the framework of Airdrops.

Social media accounts can be bought, but if you have time, try promoting them yourself , it’s not that difficult.

As for the amount of income, no one will name the exact amount you can earn from Airdrop. One day you can earn $100 in fiat, and the next couple of weeks you will receive nothing. If the selection of projects is unsuccessful, earnings can be calculated in a few dollars. It is important that coins be listed on exchanges, and not everyone can boast of this.

Where to look for current cryptocurrency giveaways?

Forget about collections on different blogs because they are rarely updated. You need to look for channels with airdrop of cryptocurrency 2022 on Telegram or use special services. They monitor this market and collect a list of current bounties with airdrops. Among the most popular we highlight:

1. – collects data on airdrops and maintains a list of completed ICOs. After registration, immediately connect your social network accounts. Sometimes tasks are counted even if you have not completed them, but it is better not to use this and remain a subscriber until you withdraw tokens to your wallet.
2. – register, add social accounts in the settings. networks. Then you select the best airdrop cryptocurrencies 2022 from the list and complete the tasks. Here the rewards are greater , because Bouny is mainly added, and it is more difficult to complete orders in them.

These services collect data only about the largest and most interesting distributions. Almost all tokens upon completion of the ICO are actually transferred to the wallet and they have a greater chance of later being listed on the exchange. Just don’t try to find an airdrop of cryptocurrency that can be withdrawn directly to your wallet, there are simply no such distributions.

Do you want to get famous coins for free? Use faucets with free cryptocurrency.

Making money on airdrop of cryptocurrencies 2022 will be profitable if you start collecting absolutely all the tokens and wait. In some cases, coins increase in price so quickly that you simply don’t want to sell them. But here a deep analysis is required, because quotes can turn in the opposite direction.

I advise you to visit the following pages: - Earning money on Viuly - free tokens and prospects - Bitcoin mining 2022 or how to start mining Bitcoin

Collecting information - how to find out about the upcoming distribution of coins

Below is a selection of sites where you can view information on upcoming Airdrops.

• tokendrops – simple service, there is a list of ongoing and completed events. Not a bad affiliate program;
  Read also:  Best Bounties from ICO startups on Bountyhive Portal (closed)
• 99airdrops – the service is new, but very convenient. I have an opportunity filtering Airdrops based on different criteria. It’s convenient that for each event the conditions for participation and news are briefly given. The service algorithm automatically monitors news on social networks and Telegram, updating them if necessary;

• airdropalert – Airdrops are divided into 3 groups (preparing, ongoing and completed). Attention is paid not only to Airdrop, ICOs are also considered and their ratings are available. From the same developers there is a service for tracking Bounty programs.

• coinairdrops – the service was developed by a crypto enthusiast with the nickname Midas. There is a general list and the so-called Hot List Airdropov. There is also a list of crypto exchangers, cranes, where they give away Satoshi just like that. You can offer your own Airdrop;

• airdropaddict – the site proudly announces that “they don’t miss a single Airdrop.” From amenities I will note the ranking system and the service’s own assessment of the event. There is a timer counting down;

• airdropbox – stands out for its minimalistic design. The Airdrop rating is displayed, there are conditions and a link to the website of each project. Bounties are also monitored;

• cryptoairdrops – not a separate service, but Twitter channel. There are no such options for filtering Airdrops, but the channel is suitable for general tracking of upcoming and ongoing events;

• airdrop radar – a limited number of coin distribution events are displayed. It is possible to create your own list by adding them to your favorites.

The listed services are suitable for searching for projects that are going to airdrop tokens. In addition to them, this information can also be found on the bitcointalk.org forum:

• The Russian version is here ;
• The English version can be viewed at this link .

I would especially like to note the Russian-language list on bitcointalk.org. It contains everything , from a guide to actions to a list of projects for which tokens are being distributed or planned.

General rules

• Reports need to be submitted to the same Bitcointalk , every week, that is, reports are your reposts, retweets, posts and tweets, likes, you submit them so that Bounty managers can check them and award you stakes or tokens.
• Steaks are like points; at the end of the ICO they will be converted into tokens and sent to your wallet.
• There are Bounty campaigns with a personal account, where you will need to register on the site, complete tasks and immediately receive project tokens.
• In Bounty you need to work almost every day, the more you work and the more tasks you complete, the more tokens you will receive at the end of the ICO .

In every Airdrop or Bounty , do not forget to add Ethereum (ETH) ERC-20 support or any other wallet from other blockchains to receive the payout.

If during an Airdrop or Bounty you register Ethereum wallet from an exchange or some other wallet that does not comply with its standard or blockchain, then with 100% probability you will not receive a payment.

I recommend using the following Ethereum wallets:

1. MyEtherWallet.

2. MetaMask.

3. MyCrypto.

Register and get started with MyEtherWallet

To create a wallet on www.myetherwallet.com, you need:

• On the start page set a password;

• Next step - download and save the key file;

• At the next stage, you will be given a private key. Its best print and store in a safe place. Whether you can access your crypt depends on its safety;

• Wallet created. To find out your address, just select one of the unlocking methods.

The wallet information will look as shown in the figure below. This is not the only option for storing cryptocurrencies, the website has an educational program on which wallet to choose for cryptocurrencies, I recommend that you familiarize yourself with it.

To participate in Airdrops you only need an address . You copy it, paste it into the appropriate field and wait for the coins to arrive. If you need to transfer money to another wallet, then click on Send Ether & Tokens , unlock and complete the transaction.

When will the tokens arrive and where can I sell them?

The coins will not arrive immediately, but only when the airdrop company ends. This can take from several days to several months. You can find out how many days are left until the end of the campaign by looking at the corresponding icon on our monitoring.

Since cryptocurrencies are new, they are not yet listed on major exchanges such as Binance or Latoken. But nevertheless, there are dozens of other crypto exchanges where they can be traded, to find out, go to coinmarketcap and in the search window write the name of your token and then click exchanges .

Sometimes it happens that tokens received as a result of an Airdrop are not traded on the exchange. In this case, you should just keep them (or, as they also call it, “hold”) in your wallet and wait until the new currency appears on the market.

If the coins are present on the exchange, then you can see their real value and evaluate how profitable it is to sell them at the moment or wait until the price rises.

How to participate in airdrops

Let's look at the process using the tokendrops.com service as an example. We work in this order:

• Register on the service (Sign up). All you need is a password and email;

• Now the ERC20 wallet number is set in the settings, you can link profiles on social networks;

• After that select the desired project. Under its name there will be buttons for performing tasks. These are primitive actions - subscribe to social networks, join a group in messenger, etc.

If the project’s token standard differs from ERC20, then in addition to the button for completing the task there will also be a field for entering the address of the wallet of the appropriate type.

How often will I receive Aidrop?

Decent aidrops happen quite rarely, since I only participate in serious projects. Therefore, feel free to subscribe to Telegram and you can be sure that this channel will not interfere with you at all. Posts will be rare, but always useful.

…GET THE BEST Airdrops and Bounty HERE

PS If you have any relevant and serious Airdrops, write to me in a personal message https://vk.com/id31855633, if it’s worth it, I’ll also participate.

↓ ↓ ↓ Don’t forget to save this page, otherwise you will lose it, but you will find more.

How to protect yourself

Free cryptocurrency giveaways attract not only ordinary people, but also scammers . They are very inventive and come up with good schemes that allow them to defraud inexperienced users of their private keys . As soon as this happens, you lose control of your wallet, and no one will compensate you for your losses .

The classic tactic of scammers is to send you an email stating that they are allegedly preparing to distribute tokens of some crypt. If you are actively participating in Airdrops, then it is very likely that you have worked with this cryptocurrency before. You will then be asked to provide your wallet number and private key. And if you do this, you can say goodbye to your money.

In order to protect yourself from such developments, I recommend:

• Install browser plugins EAL , MetaMask - they scan the site address for phishing attacks and warn about the danger;
• Check the site name with the original . On coinmarketcap we find the required crypt, go to the website and compare it with the link that is in the letter. There should be no replacement of characters or additional words. Not long ago an article was published about security in the world of cryptocurrencies, I recommend reading it as well;
• Do not open letters that came from unknown places, do not run exe files , even with documents in such messages you need to be careful;
• When you copy your wallet address and paste it into the field on the site to participate in Airdrop, check all the data again . There are programs that change your address on the clipboard to the scammers’ data on the fly;
• Don't rush to be the first to distribute coins ; haste is a bad friend in this matter.

These are just general safety guidelines when working with Airdrops. Don’t chase freebies; these are the people scammers target.

What is AirDrop?

The free distribution of tokens is called AirDrop. In essence, this is a regular marketing campaign. Most of these events are organized by young crypto startups or large companies that have launched a new line of business. The main goal of any free token distribution is to spread awareness, create a community, attract investors and develop infrastructure. He also added that successful distributions always create excitement, provide liquidity and accelerate the price of an unissued token.

Now all projects understand that they need to build up the community, and this is precisely why AirDrop is being produced - so that there are many motivated holders of this digital asset. Receiving free tokens motivates digital coin holders to follow the project, make suggestions and improve it.

We track statistics on accrued coins

I recommend using the following monitoring services:

• ethplorer.io or etherscan.io – enter the address Ethereum-wallet and see its balance. In chapter Token Balances data for all coins is visible. Since we plan to work with different types of crypto, such statistics are important. I made a separate post about the types of cryptocurrencies, I recommend that you read it to understand what you have to deal with;

• explorer.nemchina.com – enter the NEM ( XEM ) wallet address;
• wavesdesk.com or wavesexplorer.com - enter the WAVES wallet address.

Crypto usually arrives in your account fairly quickly, so monitor your wallet balances.

Aidropster.io

Status

The Airdropster.io domain is about 10 months old and coincides with the start of their activities, which began in January 2018. Despite its strong online presence and beautiful platform design, Airdropster seems to be less popular among airdrop fans with traffic of around 400 visitors per month.

Functionality

Once you click on airdrop, you'll notice that information about each airdrop is sparse, limited to a fairly brief description.
The most important details about tokens are mentioned in a solid block of text instead of an easy-to-read table. This significantly reduces user interest in the site and the overall functionality of the airdrop platform.

You receive links to the airdrops form and donation site, but do not have direct access to the White Paper, project website, etc. Therefore, anyone who needs additional information will have to spend time searching for it while researching each airdrop.

Rating

Airdropster has a rating system for projects, but it is unclear how the team rates these projects. There are also discrepancies between their ratings and those presented on popular ICO websites for the same airdrops.

Social Media Alerts

Airdropster promotes its airdrops mainly through Twitter, Reddit and Telegram.

What to do with the received crypto?

Let's remember what Airdrop is. This is the giving away of a small number of coins to increase the popularity of the coin. The key in this definition is “ small quantity ”, they don’t pay very much, so at the initial stage your earnings will be a few tens of dollars at best. There is no need to immediately change them to fiat . In fact, you are not risking anything - you received the crypt for nothing, so it makes sense to hold it and wait for the coin to grow.

If out of 100 projects at least 5-10 go on the stock exchange and increase in price by 5-10 times, you will make good money. Crypto is currently being popularized in the world, so don’t rush to get rid of it. If you still want to sell it, I recommend working with exchanges:

• Binance is the #1 exchange in the world . Supports hundreds of altcoins and does not require mandatory verification. Offers the best trading conditions in the industry;
• Yobit is approximately the same as Binance in terms of the number of coins, but unlike it, it supports working with fiat. I sometimes use it when exchanging crypto for fiat and withdrawing currency to wallets of payment systems;
• Exmo - supports a small number of cryptocurrencies, but, like Yobit, works with fiat currency . It can also be used if you need to convert crypto into fiat;
• Cryptopia – does not work with fiat, but there are coins that are very difficult to find outside this trading platform. For exotic altcoins, I recommend using this exchange.

Consequences of AirDrop for the project

Many projects are trying to increase popularity by distributing their digital tokens for free, but as a result, this puts pressure on the price of the cryptocurrency, says Nikolay Shkilev. He does not recommend that startups conduct AirDrop, as this may negatively affect the value of tokens in the future.

“Most projects quickly lose value after listing on the stock exchange. Everyone who received the coin for free begins to drain it. There is no benefit from such users, only a burden on the project. As a result, the project itself is the loser ,” explained Nikolai Shkilev.

A similar situation occurred with 1Inch tokens, the free distribution of which took place in December 2022. Immediately after AirDrop, trading in the digital coin started on leading trading platforms: Binance, OKEx, Poloniex, Huobi Global, FTX and others. After listing, the cost of tokens, according to Coingecko, fell by 62% to $0.89. And today 1Inch set a historical high at $6.15.

The project that AirDrop is conducting is not obliged to buy back or in any way maintain the value of its token, so for it this is also a conditionally free promotion, says a senior analyst at Bestchange.ru.

“In the overwhelming majority of cases, rewards are made in newly created tokens; the company does not spend funds in advance, but only shares part of the future profit from the sale of its share of tokens ,” added Nikita Zuborev.

conclusions

Earning money from Airdrops is real, you just need to immediately form the right attitude towards this type of work. You won't be able to make thousands of dollars in coin giveaways in a couple of weeks or months . If you expect big profits, you will have to be patient and wait.

I would advise you to consider this method as a free opportunity to get different types of crypto, and a chance to make money on its subsequent growth. You don't risk anything , so save your cryptocurrency and hold it in anticipation of growth. Do not forget about security, there are a lot of scammers and at the first opportunity they will reset your wallet.

I consider this review of Airdrops complete and say goodbye to you for a while. It’s quite easy to make money from them, so I’m sure that most of you will cope with this task. If you have any questions, ask them in the comments , I will be happy to answer. Don't forget to subscribe to my blog updates. There are a lot of materials planned on crypto and investing in general, so stay tuned . Good luck!

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Disclaimer and Safety Instructions

While we strive to list only legitimate projects, we are not responsible for any problems or losses caused by fraud or inaccurate information. We list projects in which there is an opportunity to earn money without investment, but also on some sites, in addition to free distribution of coins, there may be an investment option, for example: buying tokens.

Investing on the Internet is associated with great risk! Also, make sure you never share your private keys to your wallet!