Bitcoin Archive

An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses. Airdrops are primarily implemented as a way of gaining attention and new followers, resulting in a larger user-base and a wider disbursement of coins.

It’s well known that people are getting free crypto airdrops in order to trade them and make money. If we think about the concept of an airdrop in the non-crypto context, we can easily understand how it works in the crypto context.

In the non-crypto context, airdrops are used to deliver food and supplies in boxes to people you cannot reach in other ways. They are normally dropped from airplanes with attached parachutes so they reach people on the ground safely.

In the crypto context, airdrops are used to distribute crypto assets, such as coins and tokens, as widely as possible to encourage people to start using them. These assets can become valuable, causing many people to become interested in receiving airdrops and trading them. This may sound like people are getting free valuable coins, but that’s not a correct statement — not all of them are valuable. You may think the easiest thing to do is to get all the airdrops and hope that some of them become valuable. If this thought comes to mind, you may wish to consider an old marketing proverb. If you are not paying for a product, then you are the product.

What does this mean? It normally means that you end up giving your contact details (or more) to the people providing the airdrops. That may be something you are happy with; however, not all projects are legitimate. This means that you should protect yourself. You can do this by using different email addresses and passwords for any crypto-related accounts you set up. You should also use two-factor authentication on accounts, if possible.

The last bit of security advice is you should never share your private key. If anybody ever asks you for this, do not trust them.

To participate in the airdrops, you need a couple of different things.

1. An Ethereum-based wallet. Why Ethereum? Because most ICOs usually run ERC20 Ethereum tokens.
2. An active balance on MyEtherWallet.
3. Twitter, Facebook, and Telegram accounts so you can share ICO marketing info.

Whoever distributes an airdrop gets to decide who can take part in the airdrop. Earlier approaches were based upon whether or not a person already owned some crypto assets, such as Bitcoin, Ethereum, and so on. As these assets have become more expensive and interest in crypto assets has increased, people have been using a number of alternative methods.

One method involves requesting contact details such as email addresses, which point to BitcoinTalk, profile details, Twitter handles, Telegram, usernames, etc.

This forum (BitcoinTalk) gives people the opportunity to:

• ask the founders questions about the project
• determine whether the project is legitimate in order to maximize the number of airdrops in which you can participate

The most common method now is to reward airdrop applicants for retweeting certain tweets with irrelevant hashtags, or making posts on Facebook. This means that airdrop participants join the airdrop by performing promotional work. This also blurs the boundary between airdrops and bounties, which ranges from social media activity to language translations.

Once these wallets are downloaded, people who want the airdrop are requested to submit their wallet addresses as evidence that they have downloaded the wallet. This enables the airdrop to be made. This method is often used by proof-of-stake coins to build stronger networks.

An airdrop reaches an individual applying for the airdrop when it is sent to the individual’s address. It is possible for an individual to have many addresses.

If you’ve downloaded a machine wallet, then the airdrop can be sent there. Depending on the support that the crypto asset has, you may be able to send your crypto assets to a mobile wallet, which will function like an app on your mobile phone. You may also be able to store the crypto asset on a hardware wallet, such as Treasurer or Ledger. There are a number of third-party web wallets available that can be used for receiving crypto assets. Many airdrops are for crypto assets built on the Ethereum platform, and these often require people to use MyEtherWallet or other similar wallets. If an airdrop application form asks you to share in wallet address, you should first set up a MyEtherWallet or other similar service in order to receive your airdrop.

Some airdrops use a proprietary approach, and have their own web wallets. Normally, such projects intend to build dedicated wallets, which can be accessed offline, too. Before that happens, they simply store them on their website so you can see the balance as you log into your account. Another place you may receive an airdrop is on an exchange where people trade crypto assets. This often happens when an airdrop is based upon existing crypto asset holdings, such as how much Bitcoin or Ethereum one owns. Airdropping new crypto assets directly to exchange addresses is relatively rare.

Once you receive crypto assets, you may end up wondering what to do with them. Should you hold onto them for the long term, or should you sell them immediately? To decide, do your own research to gain an understanding of the long-term potential. Unfortunately, there is no easy answer. I am not qualified to give investment advice, and therefore, you may want to consider getting professional advice.

If you do decide to sell them, you will need to be registered on the exchange where your crypto assets are traded, unless you decide to sell directly to someone, which can be risky if they are not known to you. There are a number of exchanges where crypto assets can be found. These exchanges are some of the smaller ones, where new crypto assets seek to list first before moving on to larger exchanges, such as Binance.

Getting a cryptocurrency wallet is an essential part of being in the cryptocurrency market and that applies for airdrops as well. It is a good idea to get an ERC20 compatible multicurrency wallet since the majority of the cryptocurrency tokens in the market are ERC20 tokens.  A very good Wallet is “TRUST WALLET (IOS DOWNLOAD)”. It was build by Binance and is an MULTI ETH Wallet. You can add every ETH coin, even if the coin isnt listed.

Telegram Airdrops: Airdrops where you communicate with a bot in Telegram are the easiest, since the bot provides all the necessary information one after the other. Since you do not have to register, you have to send your email and wallet address to the bot after you have solved all the tasks. With these Airdrops it is also possible to change the given data later. In addition, in most cases, there is a referral link to get more tokens from referrals.

Google Form: The Google Form is easy to understand and contains all the information you need for the Airdrop. One problem with Google forms is the fact that they are easy to copy, so hackers could also propagate such forms. For this reason, one should always make sure that the link comes from a trusted source. The Google Form also requires the email and the ETH Wallet address.
EtherFlyer: EtherFlyer is an Exchange where there are often so-called "giveaways". The good thing about EtherFlyer is that you have an account by integrating a wallet. The EtherFlyer form is intelligent and recognizes returning users. With this form you only have to open links and then press confirm to get tokens. The tokens appear immediately after the end of the "giveaway" in the personal EtherFlyer Exchange Wallet and can be traded from there to other wallets, for example. Exchanges are sent.

Gleam: Gleam works much like Etherflyer and recognizes returning users. However, the payment will be made on your own wallet (eg Trust Wallet) and can be traded from there as soon as the token is listed on an exchange.

Website Form: There are also Airdrops, which are hosted directly on the websites of the companies. In most cases, this is also associated with account registration and, in some cases, with KYC verification. I myself am not a fan of these Airdrops, as I find it annoying to have tokens in a million accounts. These tokens can not be paid at the end because they are not sufficient for a withdrawal. I do not want to call these Airdrops a scam, but they really do not bring anything. I rarely share these airdrops, as I do not feel like wasting my time.

• NEVER GIVE YOUR PRIVATE KEYS
• NEVER PAY SOMEWHERE TO GET YOUR TOKENS
• DONT PARTICIPATE IN KYC (Know Your Customer) AIRDOPS

To participate in Airdrops you have to follow some easy rules given by a chatbot or web form. In most cases, you have to follow Telegram, Twitter, like on Facebook, or follow Instagram, LinkedIn, etc. It is very easy and doesn't cost much time to follow the steps (mostly about 2 minutes). You should register new Accounts if you want to participate in Airdrops more often, to prevent spamming your private Accounts with crypto posts.

Some Airdrops want you to fill out a KYC (Know Your Customer) validation. WE DO NOT SHARE THESE AIRDROPS! We don't give personal data to "unknown" companies!

Create a text file in which you save all your accounts. You will need them very often to confirm the Airdrops. There, the Twitter name, or even the Twitter link is queried and you must also specify your wallet address at each Airdrop to get the tokens. Save all of this data to a text file so you do not have to constantly think about it (it can easily be 10-15 accounts).

• Wallet, Email, Telegram (Easy Airdrops)
• Twitter, Facebook, Instagram, LinkedIn, Medium, Youtube (Average Airdrops)
• Account Creation, Phone, BitcoinTalk, VKontakte, Pinterest, Others... (Advanced Airdrops)

WINDOWS USERS: You need to save several pages and often access different accounts. To avoid confusion with your personal accounts and data, download the "GoogleChrome Portable Browser (WIN Download)". This browser does not need to be installed and works from a normal folder. You can create as many browsers as you want and have a different identity in each one without constantly changing your accounts. Especially for Airdrops is highly recommended. This browser can also be run by a data stick and is therefore everywhere applicable and may be stored in a safe.

• Let the browser itself create and manage passwords. Thus, they have a different strong password for each account and do not have to remember anything. In the settings of the browser you will find the saved passwords and can also print them.

SMARTPHONE USERS: Who uses a smartphone, should also download an extra browser and feed it with the newly created accounts.

Never forget that Airdrops in the broader sense is advertising for companies and you do not know if the data will not one day be passed on to call centers or other companies. The companies come from all over the world and nowhere are the data protection laws as strict as here in Germany. I always recommend to stay as annonymous as possible.
Never give out the private key of the wallet and always send only the public key. If you are asked to deposit something to get their tokens, keep your hands off and delete the corresponding account. * You must be careful not to get scams.

• We try to prevent Scam-Airdrops, but we can not prevent it 100%. As long as you never release your private information, you are safe.

You need a multi ETH Wallet to receive the Airdrop tokens. You should use the Trust Wallet by Binance. Ive tested different Wallets and can say this one is the most comfortable Wallet.

• TRUST Wallet by Binance

You need an Exchange Account if you want to change your tokens to BTC or ETH. With an Binance Account it might be unpossible to deposit all the different Airdrop tokens but KuCoin and BitPanda have some smaler currencies listed too.

• BINANCE
• KUCOIN 
• BITPANDA

Coinbase is a Wallet and Exchange where you change your BTC, ETH into your Countries currency and finally send the Money to your Bank Account.

• COINBASE

Airdrops are a great way for developers to distribute their tokens widely and in return they usually ask for email addresses or wallet addresses. They are used to create awareness of a project and to gain a larger following on social media. As we all know that there is no valuable cryptocurrency without large and healthy community.

We dont share every active Airdrop to prevent trouble and make it more easy to participate.

• KYC Airdrops - We dont want to give private informations to XY companies.
• ACCOUNT Airdrops - We dont share Airdrops that payout in their own Wallets/Websites cause its not possible to withdrawal in most cases.

You can find every Airdrop on our Calendar page that was posted on our site.

You can also add yourself to the Newsletter (Sun & Thursdays). You find it in the footer of our Website.

✌ EASY = Airdrop with simple steps like: Following Telegram only

✋ AVERAGE = Airdrop with average steps like: Following Telegram, Twitter, Facebook and reposting

✍ ADVANCED = Airdrop with Account creation or lots of other requirements

❌ RECEIVED/ENDED = Airdrop ended or has been rewarded

⭐⭐⭐: 3 Stars = Great Potencial (great company and usecase / is listed)

⭐⭐: 2 Stars = Has Potencial (startup with average usecase)

⭐: 1 Star = Low Potencial (no infos / no usecase / possibly fake)