Earning free coins without any initial investment is a hot topic that grabs the attention of many users. But what’s the safest, most effective, and most profitable way to make money with airdrop coins?
In this article, Faddat News will provide you with a detailed A-to-Z guide. Even if you’re not tech-savvy or completely new to this field, you’ll learn how to earn coins easily and effectively. Let’s get started!
What Is Making Money with Airdrop Coins and How Does It Work?
What Is Airdrop Coin Earning?
Airdrop coin earning is a method of receiving cryptocurrency by participating in airdrop programs offered by cryptocurrency projects.
These airdrop programs are designed as marketing strategies to boost brand awareness and attract more users. To achieve this, businesses give away free coins or tokens to potential users who complete simple tasks.
The process of earning airdrop coins is straightforward. By following the instructions provided by the crypto project’s management, you can easily complete tasks and claim your free coins with minimal effort.
How airdrop coin works
There are many different ways to participate in airdrops, such as signing up for notifications, following the project on social media, sharing articles, or participating in this attack. And in general, there are 3 ways to make money with airdrop coins as follows:
- Standard Airdrop: is the most common type of airdrop. In this type of airdrop, the project will distribute free tokens to all users who meet the participation requirements including: Signing up to receive project notifications, following the project on social networks, sharing posts about the project, etc.
- Bounty airdrop includes: is the type of airdrop where users must complete specific tasks to receive tokens, including: Writing articles about the project, translating, testing products, etc.
- Holder airdrop: is a type of airdrop where users must hold a certain amount of coins or tokens of the project to receive tokens.
Instructions on how to make airdrop coins to make money effectively for beginners
To earn airdrop coins, you need to follow the 4 basic steps below:
- Step 1: Research and find airdrop coins
You can search for airdrop coins on forums, cryptocurrency community groups, or airdrop tracking websites. Some popular airdrop tracking websites include: Airdrop Alert, CoinMarketCap,..
- Step 2: Prepare tools and knowledge
You need to create a cryptocurrency wallet to store airdrop coins. You can use popular cryptocurrency wallets such as MetaMask, Trust Wallet, etc. Besides, to ensure the safety of your cryptocurrency assets, you can choose hardware wallets such as: Trezor, Ledger, etc.
At the same time, you need to equip yourself with basic knowledge about the project’s operations, how to interact and use coins. And don’t forget to follow the project’s related information channels to update news and get support when problems arise.
- Step 3: Do tasks to “hunt airdrop coins”
Once you sign up for a project, you will need to use the platforms to complete specific tasks. Each airdrop has different rules and tasks, but always make sure you:
- Provide your cryptocurrency wallet address or Discord account, email, Twitter (X),..
- Meet all eligibility requirements.
- Fulfill requirements to receive airdrop.
- Step 4: Monitor and wait for results
In case the project has confirmed the airdrop, users just need to participate according to the instructions and wait for the results. On the contrary, if the project has not confirmed the airdrop, users need to wait for the official announcement from the project or when the token is launched.
Potential coin airdrop projects to watch 2024 – 2025
VERSE airdrop is one of the most notable airdrop projects today. According to the project’s white paper, 35% of the total token supply will be rewarded to participants.
Verse Airdrop, launching in December 2022, is a utility token and reward for Bitcoin.com. The Bitcoin.com Verse team launched this airdrop program to thank the community and promote sustainable growth for the ecosystem, including:
- The Bitcoin.com Wallet app supports multiple blockchains, with over 50 million self-custody wallets created.
- Award-winning news platform that attracts millions of readers each month.
- Verse DEX decentralized exchange supports multiple blockchains.
- A variety of engaging dApps, helping users learn how to safely manage their assets and take advantage of growing opportunities.
In July 2024, the VERSE community voted to implement the first airdrop to reward “active Ethereum users” of the Bitcoin.com Wallet app. Additional airdrops are under consideration but details have not been announced.
Benefits of receiving airdrop coins
- Get Free Tokens: Get new tokens at no cost, expanding your digital asset portfolio.
- Seize the opportunity: Users have the opportunity to own tokens before they are listed on exchanges, increasing profit potential.
- Join the community: Participate in the development and growth of new blockchain projects.
- Awareness Raising: Contribute to the development of new blockchain projects and increase awareness, helping projects gain attention in the crypto community.
5 things to keep in mind when doing coin airdrop tasks
- Only participate in airdrops of reputable projects with growth potential: You can check the reputation of a project by considering factors such as:
- Project development team
- Project products or services
- Project development plan
- Read the airdrop terms carefully before participating: Make sure you understand the terms of participation, including:
- Number of tokens distributed to each user
- Airdrop participation deadline
- How to receive airdrop
- Don’t spend too much time and effort participating in airdrop coins: Airdrops are a form of marketing, so the project may ask you to perform simple tasks to increase the project’s recognition. However, you should not spend too much time and effort participating in airdrops, because the value of airdrop tokens may not be high.
- Beware of airdrops that ask you to provide personal information: These airdrops may be scams aimed at stealing your assets.
- Do not click on strange links from airdrop projects: These links may contain malicious code that aims to steal your personal information or assets.
Frequently asked questions on the topic “how to airdrop coin to make money”
How to join airdrop?
To participate in the airdrop, you need to follow specific instructions provided by the company, such as joining their social media channels, completing tasks, or filling out a form.
Are Airdrops Safe?
According to the experience of many people doing airdrops before, although airdrops can be a legitimate marketing strategy, there are also many scam and fake airdrops. You should be cautious and do thorough research before participating in any airdrop.
How to stay safe when participating in airdrops?
Users should use reputable wallets, not share private keys, check the legitimacy of airdrops, and enable two-factor authentication (2FA) if possible.
What should I do if I suspect an airdrop is a scam?
If you suspect an airdrop is a scam, do not provide any personal information or send any cryptocurrency and warn others in the community.
Can I sell tokens from airdrop for VND?
Yes, you can sell the tokens received from the airdrop on a crypto exchange or a peer-to-peer marketplace, depending on the terms and conditions of the airdrop.
Why join airdrop instead of buying crypto?
Airdrops are the lowest risk way to get new tokens for free and participate in projects without investing money.
Conclusion
Hopefully this article has provided you with enough information on how to make airdrop coins to earn money effectively and safely.
