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If you are a beginner in crypto world and don't know much about the crypto airdrop. Explore here what is Crypto Airdrop and What Does It Mean.
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Crypto Airdrop- What Does It Mean GRAPES DIGITAL PVT. LTD.
What is a crypto airdrop? Crypto airdrop is one of the main features to promote a project or blockchain startup. Unlike general crypto trading, a trader can earn huge profits by trading in airdrops. It can be done by providing free coins to investors or traders with public digital wallets. Furthermore, legitimate crypto airdrops never ask investors to make investments.
Types of crypto airdrops Standard airdrops There is no age limit to access standard airdrops, anyone is eligible. Here small amounts of crypto coins are transferred into crypto wallets in return for service. These may include signing up for a newsletter and creating a virtual currency project account.
Bounty airdrop In this crypto airdrop, tokens or coins are distributed to those who are asked to help in promoting a project or a blockchain. And, it is usually done on social media platforms. In some cases, users might get an option to refer to other traders in order to earn more bounty airdrops.
Exclusive airdrop These airdrops are specifically reserved for loyal followers of a particular blockchain community. Plus, they are mostly run by airdrop aggregators or websites. Moreover, these airdrops are more like rewards. Besides, there is another type of airdrop – Holder airdrop. These tokens are only sold to users who have already obtained coins of another cryptocurrency type. These crypto airdrops are easily available in different crypto trading platforms like WazirX. You can trade top cryptocurrencies in India via different airdrop programs easily. Just explore the website to know more.