Airdrop FAQ: Beginner’s A-Z Guide to Cryptocurrency Airdrops - Ferdyberry


**What Is an Airdrop?**
A crypto airdrop is when a CryptoCurrency project distributes free tokens/ coins as a reward to the people who perform certain tasks at these project's request. The tasks here could be following a particular social platform, sharing a particular content, or commenting, liking, or joining in a particular thread. These Cryptocurrency projects use an airdrop as a marketing campaign and people like you and me get benefit out of it.
To be a recipient of an crypto airdrop often the only requirement is that you sign-up with few details and/or share a word about them on social media. That's all depending on the particular Airdrop campaign
It seems that every day a company launches an Initial Coin Offering (ICO). It is much harder to stand out with how many are out there. Instead of ruthlessly promoting themselves all over the internet, the team behind the new ICO will look at the blockchain of an already established token and gather up every person who has that coin in their wallets. They will then distribute an amount of their token in proportion to the amount that you hold.
Also, A fork of an existing coin can also grant you an equal amount of the new coin, a recent example is when BitCoin Cash was created and all holders of Bitcoin received the same amount in Bitcoin cash
 


The​ ​format​ ​of​ ​these​ crypto ​giveaways​ ​is​ ​usually​ ​like​ ​this:​ ​At​ ​a​ ​pre-announced​ ​time​ ​the​ ​project​ ​behind the​ ​event​ ​will​ ​take​ ​a​ ​”snapshot” ​of​ ​the​ ​blockchain,​ ​and​ ​anyone​ ​holding​ ​Ether or Bitcoin​ ​at​ ​that​ ​point​ ​will​ ​receive​ ​a certain number​ ​of​ ​free​ ​tokens.​ ​This can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format.
Another possible way to get free crypto is a faucet. This means you get a small amount of free crypto for a longer period of time.
**Where can I find Airdrops?**
You may subscribe to our social media accounts to keep receiving potential airdrops. For your convenience I am posting the links below: Make sure you follow us on all the channels below.. You never can tell where we will choose to broadcast the available airdrops
Our Official Telegram Channel for Trading:  https://t.me/xwealthbox






Our Official Telegram group for Airdrops: https://t.me/airdropfeeds




**What's in it for me?**
Well, you can sell the coins that you receive from an airdrop on Cryptocurrency exchanges, for real money. Yes, you read that right. REAL MONEY!!

 **How much is an Airdrop worth for?**
When an ICO (Initial Coin Offering) does an airdrop we base the estimated value of the token/coins based on ICO price of tokens.

 **How much can I earn from an Airdrop?**
Believe it or not, with minimum efforts you can earn as much as $300 from just one Airdrop. Not all Airdrops are as lucrative as worth $300 but it still is a wise choice to apply for all Airdrops.
"Little drops of water they say make the mighty ocean."


 **How do I start?**
Well you have started already if you are reading this guide. ;-)
If you are seriously thinking of getting into airdrops for generating a good stream of passive income, then I suggest you to set up a gmail account, facebook account, twitter account, instagram account, bitcointalk account and online wallets to receive crypto currency from airdrops.
It's advisable that you make fresh accounts because I am assuming you don't want to bother your friends and family on social media with posts related to airdrops. Don't feel bothered, you just have to create them once only.

 **Where do I make an online wallet to receive Airdrops?**
You can choose any of the wesites below and create your online wallet for free to store your crypto currencies.



 **Where do I sell my crypto tokens/coins received from Airdrop?**
So now you have free crypto, what do you do? Many coins that do airdrops are PRE-ICO or just finished their ICO. This often means it is not available for trading yet on the bigger exchanges. Once they hit good exchanges you can either sell them on crypto exchanges or hold them for longer in anticipation of hike in  coin's value, to gain more money.
We suggest you make an account at all exchanges we listed so you can easily sell and receive your crypto airdrops.

       List of Exchanges:


  • •   Xwealthbox.com Online Exchange - 
  • •   Coinexchange.io Exchange - 
  • •   Bitz.com Exchange - 
  • •   Kakren.com Exchange - 

I hope you receive as many airdrops as possible and that they increase in value over time. Many projects that are now top 40 coins have done airdrops in their early stages, like NEM, DECRED & Ripple. You don't need to immediately sell your free crypto, there is nothing wrong with being a HODLer.

 **How do I check my token balance?**
Step 1: Open this site www.etherscan.io
Step 2: Input your wallet address in search box.
Step 3: Hit enter to view token balance.

 **Where can I post my own referral links to gain more tokens/coins from an Airdrop?**
You can post your referral links on the social media accounts you made. Apart from that you can post about it in various telegram groups as well. You may even join this group for posting your own referral links: https://t.me/multimillionairepartners

 **How do I keep my crypto currency safe?**

  • Never give your private keys.
  • Use 2 Factor Authenticator on your wallets. (Download Google Auth App on your Android phone or Microsoft Auth App on your Window Phone)
  • Never click on links redirecting to your crypto wallets.
  • Don’t use your main email address to apply for airdrops.
  • Don’t re-use your passwords when you register on a website.

**Any other precautions?**
Beware of scams. None of the Airdrops ask for 'Private Key' or 'Donations' or 'Fee'. If you spot an airdrop asking for any of the things mentioned above, abandon it. There are plenty of good fishes in the sea, focus on catching them.
Keep strong passwords with a combination of at least one UpperCase Alphabet+Lower Case Alphabet+Number+Symbol. Such strong combinations are almost impossible to crack.

 If you require any help with regards to Airdrops or have any suggestions/questions related to Airdrops, Wallets, feel free to post your questions at: https://t.me/xwealthbox

If you have further question in respect of this post, ask it in the comment section below.... OR
Share this guide with people who might want to join you in this wonderful journey of making money from home or using phone....!

Comments

Post a Comment

Popular posts from this blog

How to Check Your Ethereum Wallet Balance and Transactions or view Tokens on your wallet with Etherscan

Image
Etherscan There are many ways to check the balance of your Ethereum wallet.  This guide will go over how to check it using Etherscan, which is an Ethereum block explorer.  If you want to check your balance using MyEtherWallet (MEW), check out my other post here . Block explorers are basically interfaces that allow you to view the activity on a blockchain.  Most provide effortless ways to look up your account balances, transactions, and other pertinent information.  You do not need to create an account to use these, just plug in your wallet address and you should be good to go! Steps to Check Your Balance Go to Etherscan, link is here Type in your wallet address in the search bar located at the top right and click “GO” If you only have ETH you are done. You should see a screen like the below screenshot, which shows your ETH balance. Go to the next step to see how you view non-ETH tokens. If you have more than ETH in your account, you should
Read more

British Couple Lawyer Up as $840k Cryptocurrency Divorce Heats Up

Image
Divorce is never fun and rarely simple, but when one party – generally the male – owns cryptocurrency, there’s an added layer of complexity. With cryptocurrency still relatively new as an asset class, there have been very few cases to date in which the unhappy couple have squabbled over altcoins. A British law firm professes to be handling three such cases at present, with the largest involving a tug-of-war over crypto valued at $840,000. Kissing Goodbye to the Ball and #Blockchain It was only a matter of time until a high profile, high value crypto divorce grabbed the headlines. In the event, it was Britain that claimed the dubious honor of hosting the world’s largest cryptocurrency untethering to date. “#Crypto cash divorce nightmare looming” reads the cheery press release published by UK law firm Royds Withy King, on Valentine’s Day no less. Bolstering the stereotype about opportunistic lawyers, it reads: Royds Withy King is acting on three separate high value divorce cases whe
Read more

Crypto Coins: Where can I sell my airdropped crypto?

Image
So now you have free crypto, what do you do? Many coins that do airdrops are PRE-ICO or just finished their ICO. This often means it is not traded yet on the bigger exchanges. You can check out our exchange sites or most trading sites on the internet to see where you can best sell your crypto airdrops  click here I suggest you make an account on any encountered exchanges so you can easily sell and receive your crypto airdrops. I hope you receive as many airdrops as possible and that they increase in value over time. Many projects that are now top 40 coins have done airdrops in their early stages, like NEM, DECRED & Ripple. You don't need to immediatly sell your free crypto, there is nothing wrong with being a HODLer.
Read more