Token Airdrops

BitExplorer

What is an Airdrop?

In a most #simplest #way, it is how you earn #FREE various #cryptocurrencies. Money can not appear out of nowhere… But #cryptocurrency can.

There are 3 different #kinds of# Airdrops:

1.) Crypto Airdrop

A crypto #airdrop is when a #blockchain #company (project) distribute #free coins (token) to users (community). There are a lot of #different types of crypto #airdrops. In many cases you will need to have Ethereum address (lots of those #cryptos are built on# Ethereum), sometimes you will need to have a specific token to receive an #airdrop. But, in most cases you will need to provide email #address, or do some social tasks to get free #tokens.

2.) Hardfork Airdrop

#Hardfork means a blockchain project does a major update and separate their #chain into 2 other chain with 2 #cryptocurrency, the old and the new one.

#Hardfork airdrops require you to hold at least a specific amount of old #coin in your wallet. Then you will receive new coin to your wallet base on how much old coin you had in your #wallet at the time of airdrop.

3.) ICO Airdrop

#ICO means Initial Coin Offering. When a crypto project release their own #coin (or token) and then sale these tokens in a crowd sale to fund for the project. Some ICOs choose to #airdrop a specific percent of their token pool (usually from 5 – 10%) for the community to spread the name and attract more #investors.

 

A detailed #guide to what #Airdrops are and how to earn as much as possible with them can be #found in our #FREE E-BOOK.

 

 

But! … #Scams are very common when it comes to #Airdrops. But s#cam does not mean they can take the #money from you, unless you give them your #private key. #Scam means they don’t have an actual #project and their cryptocurrency value is zero.

But how can we realize a project is #scam are not? We can’t! #BitExplorer and the #community behind is trying the best to #identify and remove scam #project from this site and #warning you about possible ones.

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