This page is specifically for educating you on what happens within the airdrop process for collecting free cryptocurrency.
What is an airdrop?
- From Wikipedia, the free encyclopedia. An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to numerous 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.
Why do we want to participate in airdrops?
- Because it brings potential wealth or value to the coins or tokens that we’ve collected in our crypto wallet(s) through this process.
When do we get paid from airdrops?
- Every project will provide a distribution date that is predetermined and announced on the airdrop details. However, there are instances that projects might have a delay due to any number of circumstances. So always remain patient and follow the project’s news updates!!!
How do we participate in airdrops?
- In order to participate in most airdrop opportunities offered, you must have at least access to the following items:
NOTE: The names of items needed are highlighted in red and the links to obtain these items are in green!!! Any of the items listed that you already have an account for, you do not need to visit their website links here. 🙂
- Trading exchange account (i.e.- Bittrex, Binance, Coinbase, Kucoin, Poloniex, etc) to participate in most “hard fork” types of airdrops.
- Ehtereum wallet that is not associated with an exchange. Use ImToken to get a compatible wallet where you can receive tokens from airdrops properly; and gives you the ability to retain the private key to that wallet account.
- Bitcoin wallet that is not associated with an exchange. Use Blockchain to get a non-exchange Bitcoin wallet and that gives the ability to retain the private key to that wallet account.
- Telegram – Most airdrop opportunities have Telegram chat groups and/or channels that you must join as a requirement to receive the tokens upon distribution. Also, bots are used by airdrop teams to manage the airdrop process. These bots also provide the step by step instructions for how to claim the airdrop. Go to the Telegram website to get the app and create your account.
- Twitter – Airdrops that require you to have a Twitter account is for following their Twitter account and retweeting and/or commenting on their pinned tweets. Go to the Twitter website to create your account.
- Facebook – Airdrops that require you to have a Facebook account is for following their Facebook account and liking and/or reposting their pinned post. Go to the Facebook website to create your account.
Optional items needed:
- Medium – Similar to Twitter and Facebook requirements. Go to the Medium website to create your account.
- Discord – Similar to Twitter and Facebook requirements in an airdrop. Go to the Discord website to create your account.
- Linked In – Airdrops requiring this account is more for following and sharing a post made by the airdrop project team. Go to the Linked In website to create your account.
- YouTube – Airdrops that want you to use your YouTube account for subscribing to their YouTube channel(s) simply want you to provide your YouTube account name or link after subscribing to collect your airdrop. Go to the YouTube website and create your account.
**BTRick started participating in airdrop opportunities 2/4/18**
