glossaryPartner/Guest article

The Airdrop at Crypto Coins

What is an airdrop?

An airdrop is a type of cryptocurrency distribution in which a company or organization distributes cryptocurrency to specific users for free. Often, airdrops are used as a marketing strategy to attract new users and increase awareness of a cryptocurrency. To participate in an airdrop, one usually needs to have an account with a cryptocurrency exchange and own a certain number of coins of a particular cryptocurrency or sign up for a newsletter or social media group. If one meets the criteria, they are usually automatically selected for the airdrop and receive the free cryptocurrency. It is important to note that airdrops are sometimes also used by scammers to trick users into revealing their private keys or other confidential information. Therefore, one should always be cautious and well-informed before participating in an airdrop.

Research current airdrops

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