It’s an easy way to earn free tokens by upcoming ICO’s. Many ICO’s run airdrops to increase their awareness and build a big community. If you perform an airdrop you will get the coins to your wallet when the event is over. Another kind of airdrop is a fork. For example, Bitcoin Cash is a fork of Bitcoin. This means at a specific time they do a snapshot of the Bitcoin blockchain and then they get the same amount of Bitcoin Cash as you to hold Bitcoins. Please follow our step-by-step FAQ to learn how to join airdrops.
What do I need to perform airdrops?
It’s good to have an account of the following social networks: Telegram, Twitter, Facebook, Bitcointalk, Instagram, Reddit, and Medium.
Also, it’s important to create a separate email address. This email you will use just for airdrops. If you use your main email your mailbox will get full of spam.
If you want to perform all airdrops then you need different wallets. Most airdrops run on the Ethereum Blockchain. But more and more upcoming ICO’s use the Stellar- or Neo Blockchain.
Here you can create the different wallets:
- Ethereum (ETH) – https://www.myetherwallet.com
- Stellar (XLM) – https://stellarport.io/
- Neo (NEO) – https://neotracker.io/
With these wallets, you can perform 95% of all airdrops. If you need another wallet for an airdrop, I will write it in the airdrop description.
How do I keep my cryptocurrency safe?
If your amount in your wallets gets bigger you need to think about a super safe way to store.
The safest way to store your airdrops is through hardware & cold storage wallets. These wallets store your coins offline and therefore protect them from being hacked.
There are a number of hardware wallets available. We would recommend using the Ledger Wallet Nano S or Trezor.
Not all cryptocurrencies can be stored in hardware wallets. We recommend you store your crypto in wallets where you control your private keys. You don’t want your free crypto to be stolen!
To avoid scams we have a few general rules:
- Never ever share your private keys!!!
- Use 2 Factor Authentication on your wallets.
- Be careful downloading wallets of smaller projects, possibly using a Virtual machine.
- Never click on links redirecting to wallets.
- If you log in to your wallet double-check the domain and SSL.
- Don’t use your main email address to apply for airdrops.
- Don’t re-use your passwords when you register on a website.
- Never send money or tokens to receive an airdrop.