Tuesday, June 28, 2022

How To Receive Airdrop Crypto

How To Receive Tunabot Airdrops

What is an Airdrop and How Do You Get Them?

1. Join CoinMarketCap

2. Join the Telegram Community

3. Message âTunabotâ Chatbot

4. Add Your âUSDTâ Wallet Address

  • USDT Wallet Address
  • USDT Memo

5. Return to the Telegram Group

6. Tunabot will Randomly Select Users for the USDT Jackpot

â» Tunabot Video Guide:

â» Request CS Support: /

How To Get Crypto Airdrops

The easiest way to find a crypto airdrop might be to simply enter crypto airdrops or what is a crypto airdrop? into a search engine. Since these events are designed for marketing and project promotion, they tend to make themselves relatively easy to find. There are even some websites exclusively devoted to listing upcoming airdrops, like;Earni.Fi.

However, do your own due diligence. The cryptocurrency world is full of scams and people trying to get their hands on your crypto. So make sure that the offer of free crypto is real and not someone simply trying to steal your information via a phishing attempt. Never send any crypto to a receive an airdrop and never share your private key!!

Basics Of Crypto Airdrop

Crypto airdrop or in other words, Cryptocurrency airdrop is a free coin or token offering campaign basically organized by a new project known as Initial Coin Offering.

Why are they managing to open an airdrop campaign?

The main expectation is to gain more sales in the ICO. And how are they achieve this goal by managing an airdrop campaign?

This is where the airdrop action comes in. There are few tasks to do in order to receive the airdrop for free. Its like some social shares, Likes, Creating posts, etc. These all tasks for promotion.

So basically, The coin organization gives you free coins/tokens, if you completed like above things related to the ICO. Simple right?

Okay, lets jump into the step by step process on how to participate in a Crypto airdrop.

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What Do You Need To Get Started

  • Email

Basically these are the requirement in order to participate in an airdrop.

Here is the true story.

In some airdrops, Developers pay you more if you got higher followers/friends on your social media. Its like, If you have 100 friends on Facebook you will get 50 coins/tokens. If you have 1000 friends, you will get 100 coins after completion.

But its not always like that. Few of them.

Bitcointalk is the largest bitcoin/cryptocurrency forum that exists.

It is not a must requirement to participate in airdrops. But in some of them, you need to post on their main bitcointalk thread about the airdrop.

But it is always useful to create and rank up a bitcointalk account. I will show you why.

Finally, You need a wallet to receive tokens/airdrops. Most ICOs these days are using ethereum based blockchain which is known as ERC-20 based tokens.

Good to hear because it is so simple to set up and maintain an ethereum wallet. If youre a beginner to this as well, Check out this article about Ethereum Wallet.

Only some airdrops require different types of wallets. Then you have to create a compatible wallet to receive tokens/coins.

Once you set up your wallet, You all set!

How To Keep Your New Crypto Safe

Crypto airdrops

First of all, you need a wallet, to be able to receive, hold, and send the newly minted crypto. While you can find many web-based wallets, a.k.a. hot wallets, we recommend you to use a hardware wallet. Trezor is the original and most secure cold wallet. And its compatible with most tokens!

And you must keep secret your private keys to your coins and tokens. Otherwise, theyre not yours. Period. While you can share your crypto address, you must never share your private key! If you do, you can say goodbye to your coins.

Finally, remember that this is your best airdrop alert website! So dont forget to register for our newsletter above, or to subscribe to our Telegram channel, our , or our . And you wont miss a single airdrop crypto!

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What Are Hard Forks

A hard fork is when a cryptocurrency splits into two separate currencies. The first hard fork was Bitcoin Cash which was split from Bitcoin at block #478,558 on August 1st, 2017. Bitcoin forks and the forking of other chains became popular since then. We list hard forks for mostly informative purposes, but also because we see them as dividends and similar to an airdrop. We are not able to verify the safety or legitimacy of hard forks, so always be cautious and make sure to claim forks with the private key of an empty wallet.

Why Are Airdrops Given Away

The reasons for giving away cryptocurrencies are numerous. Often it is a matter of drawing attention to a new cryptocurrency. For instance, many startups use airdrops to make their cryptocurrency more widely known. Crypto exchanges such as Binance also use airdrops to reward customers for their loyalty. This is more or less a bonus program.

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Things To Look Out For

Unfortunately, many have been scammed or duped when it comes to the airdropping process. Here is an awesome infographic depicting some best practices to follow to safeguard yourself when participating in airdrops:

As a rule of thumb, you should never promote a project which does not seem legitimate and more importantly, never ever share your private keys. Private keys are equivalent to your PIN number for you bank account; if anyone has access to your wallets private keys, they would have access to your coins. Honestly, there is no need for revealing your private keys throughout the airdropping process.

An obvious red flag is the requirement of first donating or sending a certain amount of coins before being eligible for airdropped tokens. Here is an example below:

Airdrops are supposed to be free, and a requirement to send coins in exchange for native coins is highly likely a scam. Always check out the validity of announcements and social media accounts before participating in an airdrop. It is essential to perform some due diligence before making a final decision on whether or not to participate.

Tools For Free Airdrops

Crypto Airdrop Tutorial – How to Get Free Airdrop Tokens

Rewards in an airdrop can range from nothing to even earning $100+ in token value. Not bad, considering the tokens are free.First and foremost, you would need a wallet wherein the tokens can be stored. Most of these cryptocurrency tokens are based on the ethereum blockchain. Hence, you would need a wallet compatible with ERC 20 token.

Most of the airdrops require you to fill up specific information or perform tasks that may include

;; Filling a google sheet

;; Sharing a post or retweeting a tweet

;; Signup on their website

;; Refer a friend

Once the required task is done, you might be asked to hold a base currency like ethereum in your wallet for a specified time frame.

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How Can You Participate

A requirement for participating in an Airdrop is that one holds a certain amount of coins of a more known base cryptocurrency, such as Ether , Binance or Bitcoin since many projects are built on or forked from these. Thus, you obviously need to have a wallet supporting the blockchain and your access information. As previously mentioned, other conditions might include promoting the project on social media or having been an active user of the services since a set date. The common procedure consists of the token issuers taking a snapshot of the blockchain at a pre-announced date and then distributing their Airdrop tokens to any wallet address holding a minimum amount of the base currency, e.g. ETH or BNB.

Why Are Crypto Projects And Icos Giving Away Coins For Free

Cryptocurrencies only hold value because people believe in them and recognize their worth. The more people who own a cryptocurrency, the more likely it is to become widely adopted and rise in value. Airdrops are effective due to the endowment effect, a phenomenon in which people will ascribe value to things merely because they own them.

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How Do Crypto Airdrops Work

Cryptocurrency companies will distribute free coins to their communities to increase their projects visibility, increase the circulating supply and stimulate trade. These free distributions are commonly known as airdrops.

There are a few different ways that airdrops are distributed which are preannounced airdrops for those who hold a certain token in their wallet or complete specific tasks outlined by a project or company.

Airdrops are also rewarded to those who are early adopters and who have interacted with a project before a certain snapshot in time. In this case, an airdrop is not preannounced before this date therefore specifically targeting their loyal following.

Is It Even Worth The Effort

CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 ...

When considering that airdrops provide something for nothing, some people might say they are worth it.

At the same time, when a new project decides to airdrop crypto, this leads to a supply glut that can drive prices to tank later on. Because a lot of users end up receiving coins, a lot of them tend to cash out at the earliest opportunity. Its not uncommon for airdropped coins to lose most or all of their value over time.

One good example of this involves the Auroracoin airdrop. AUR was a cryptocurrency designated for citizens of Iceland in March 2014. All residents of the country were eligible to register for free receipt of 31.8 AUR, which was worth roughly $380 at the time.

At the time of writing, one AUR was worth about $0.10, meaning the 2014 airdrop would be worth little more than $3 in 2021. Auroracoin can only be traded on two smaller crypto exchanges as well, meaning there is very little liquidity in the market and holders might find it difficult to sell.

This demonstrates the degree to which airdropped coins can become almost worthless over time.

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Can I Keep Xrp In My Wallet

In theory, yes you can. From a practical point of view, however, airdrops like this one will be difficult to credit to regular wallet users. Anyone storing XRP on a Ledger hardware wallet, for example, may opt to move it to an exchange for the snapshot, and simply move funds back afterward.;

That being said, there is a tutorial to set up ones Ledger Nano S or Nano X to support this SPARK airdrop. It will require a bit of work to set everything up, but it is a far better option than trusting third-party exchanges with ones funds.;

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How To Add Tokens To Myetherwalletcom Wallet From A Cryptocurrency Airdrop

After checking if youve received tokens from the cryptocurrency airdrop, the next question is how to add the tokens to your ETH address. This section will go further from the last step mentioned in the previous section.

Step 1. Click on the token on ethplorer.io .On this page, youll find the contract address, symbol & decimals.

Step 2. Open in a new tab the MyEtherWallet website , and click on view wallet. Afterwards, access your wallet.

Step 3. Click on Add Custom Token and fill in your Token Contract Address, Token Symbol & Decimals from Step 1.

Step 4. Click on the Save button. The token is now added to your wallet.

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Which Wallet Is Needed Is At The Relevant Air Drop

Telegram; is a must-have to participate in most airdrops because much of the communication is via telegram channels.A wallet; for keeping your tokens; Twitter account and/or Facebook; sometimes projects that organize an airdrop ask for a like or part action, in this way you provide them with free marketing, and in return, you get a number of tokens.To view the list of airdrops we are participating in, you need at least Telegram, click here for the list of airdrops we have chosen.

Data that can be requested at airdrop participation are often an email address, a wallet address and often the Telegram Group is asked to follow and stay in that group until after the coin is issued.

Please note that most tokens will be sent to your wallet when the Initial Coin Offer âFirst token editionâ is finished.

What Is A Cryptocurrency Airdrop

Crypto Airdrop – How to get Airdrop Coins for Social Activity and follow Upcoming Airdrops

An airdrop crypto is a promotional event during which free tokens or coins are distributed to cryptocurrency wallets. Teams use this event to promote their project to crypto enthusiasts. And, in exchange for their assets, projects gain attention, new followers on social media, and a potential user base.

For more details on how it works and to learn about the different types of airdrops, read this article.;

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Reasons Why Crypto Projects Do Airdrops

Crypto projects give out generous bounties through airdrops because they are the biggest beneficiaries of such events. Letâs explore the fundamental reasons why crypto startups conduct airdrop programs.

  • Creating Awareness
  • Spreading awareness is the primary reason why blockchain startups conduct airdrops. In the early days of crowdfunding, ICOs took center stage. However, problems soon arose. A flood of startups emerged during this gold rush, often with only a flimsy and partially plagiarized white paper in hand, oversaturating the market and jading investors.

    Also, countries like China outright banned ICOs and regulators like the SEC began to target ICOs dealing with domestic U.S. investors. Soon, new projects needed a more alluring and legal method to create hype.

    The answer was simple. Just hand out free coins. The popularity of airdrops led many crypto supporters to go on a shilling spree, promoting projects in order to get airdrops and âpump their bags.â Anyone active on social mediaâs crypto scene can probably agree that airdrop recipients are some of the most vocal advocates a project can hope for. For crypto startups, it was a match made in heaven, since it allowed them to grow their community organically by simply shelling out a small portion of their tokens.

  • Rewarding Users
  • In such cases, projects can opt to conduct airdrops in order to balance out a tokenâs distribution.

  • Attracting Investments
  • Learning More About Its Community
  • Automated Crypto Tax Report For German Tax Authorities

    The regularly poses challenges for private crypto investors. Because everyone who makes taxable profits from activities with cryptocurrencies has to file a tax return. However, stating losses can also be an advantage, as these can be offset against future profits. WINHELLER and ACCOINTING have jointly developed a solution that allows crypto investors to quickly and easily create a tax report for tax authorities in Germany.;Learn more

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    Everything You Need To Know About Crypto Airdrops

    To qualify for an airdrop, users are required to hold a minimum quantity of crypto coins in their wallets.

    Sounava Ray Sarkar | New Delhi | May 29, 2021 2:55 pm

    Airdrops are generally given only to current holders of crypto wallets, usually those of Bitcoin or Ethereum.

    Cryptocurrencies have become a trend these days. The majority of the people are curious to learn more about them and how these new-age currencies can help them financially. Today, we will discuss the least discussed topic, Crypto Airdrops.

    What is a Crypto Airdrop?

    In the world of cryptocurrency, an airdrop means a marketing stunt that focuses on sending small amounts of the coins or tokens to wallet addresses of active members of the blockchain community. The primary aim of this exercise is to create an awareness of the newly launched digital currency.

    Understanding Crypto Airdrop

    Now that weve understood the motive behind a crypto airdrop, we need to shift our focus on why companies opt for such a marketing style? The reason is simple, the digital currency is the new kid in the block, and its company want more people trading in it when it gets listed on an exchange as in an initial coin offering or ICO.

    Who can receive these airdrops?

    Airdrops are generally given only to current holders of crypto wallets, usually those of Bitcoin or Ethereum.

    How To Accept Airdrop

    Crypto Daily Latoken Airdrop (CRDT) â AirdropSeeker.in

    When someone shares something with you using AirDrop, you see an alert with a preview. You;can tap Accept or Decline.

    If you tap Accept, the AirDrop will come through within the same app it was sent from. For example, photos appear in the Photos app and websites open in Safari. App links open in the App Store so you can download or purchase the app.

    If you AirDrop something to yourself, like a photo from your iPhone to your Mac, you won’t see an option to Accept or Decline it’ll automatically get sent to your device. Just make sure that both devices are signed in with the same Apple ID.

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    How To Claim Your Dydx Tokens

    Congratulations, if you have got some tokens allocated. Let’s see how you can claim them.

    In order to unlock your tokens, you have to trade on the Dydx Layer 2 platform. You have to meet the Target Volume given in the Retroactive Rewards data in order to fully unlock your tokens.

    In order to do that, you need to have some USDC in your Ethereum wallet.

    We have to deposit some USDC into the Dydx platform. Click on ‘Deposit’ and you would get a prompt saying ‘Enable USDC’. Click on it and it would cost you some gas fee. It had cost me around $5 of gas fee.

    Now that we have enabled USDC, we can deposit USDC. Click and deposit, select the amount of USDC you want to deposit and confirm the deposit. This step also costs you some gas fee. It had cost me around $25 worth of gas. I know it’s painful, let’s get it done.

    We are ready to trade now. If you have traded perpetual, margin, or futures before, it would be easy for you. I will make it simple for you if you haven’t done a trade before. To complete a trade, you have to Open or Close a position.

    Now go to the ‘Trade’ tab and select the market you want to trade. There are lots of options, like BTC, ETH, SOL, DOGE, DOT, MATIC, etc. Select any one of the markets and let’s open a position.

    ETH has moved a little and I closed my position for a very small profit. As trading happens on Layer 2, you don’t have to pay any gas fees while trading. There would be only a platform fee of 0.1% of the trade.;

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