Currently, Airdrop is a quite hot keyword in the Crypto market. Vietnam-ustrade.org has received many questions related to Airdrop. Therefore, today I will share some information about this AirDrop Coin!
What is AirDrop Coin?
AirDrop is a money-making project that is no longer too strange in digital currency trading. Users only need to perform tasks such as Like, Share, Comment,… on the project’s social media pages. All these activities are very simple and easy to perform. Even users without expertise can do it quite simply. Just about 15 to 30 minutes each day, users can earn a considerable amount of AirDrop coin.
AirDrop was created to leverage network effects by attracting current holders of a specific Blockchain-based currency. For example, BTC or ETH with their own currency or project. However, not all projects can earn AirDrop coins. Therefore, users need to consider and research the projects available on AirDrop to make the most advantageous decisions.
History of the formation of AirDrop Coin
Users can check their ETH wallet in the Token Tracker section. This section will display the number of tokens or AirDrops in your account. To propagate the AirDrop coin widely, the AirDrop development team decided to deposit a small amount into some ETH wallets of users.
And with many methods of development and attracting users, AirDrop has become an optimal Marketing method. Effective promotional methods help the value of AirDrop coin increase remarkably. To enhance the profit ratio, users need to own or purchase AirDrop coin.
Requirements to earn AirDrop Coin
To smoothly make money with AirDrop coin, the first thing users need to prepare is an active ETH wallet. When completing AirDrop tasks, the coins will be transferred to this wallet.
Subsequently, to operate in AirDrop, users need accounts such as: Telegram, Twitter, Email, Facebook, Youtube, and others. These platforms will support you in liking, sharing, commenting,… quickly and easily. Most sharing activities on AirDrop target large communities like Facebook, Twitter, etc. These are places with dense participation and usage, which will create a large promotional effect.
How to retrieve/withdraw tokens
To check the amount of coins in the wallet, users only need to access the Etherscan platform and enter the ETH address to search. However, in reality, users will need at least 1 month to receive the Token after ending an AirDrop session. This helps the founders ensure the distribution and promotion of AirDrop coin to all users.
The “Token Tracker” section allows users to determine if there are Token or AirDrop in their account. Because to withdraw coins, basically, users must have money in their wallet! Withdrawing Token is quite simple, transactions are quick and directly conducted via MEW (MyEtherWallet).
Where can you hunt for AirDrop?
Besides large online communities like Facebook, Twitter,… users can find good AirDrop opportunities on well-known Crypto community websites such as: Aidropalert, ICOdrops, Airdropaddict, Coinairdrops,…
Should you participate in Airdrop?
Based on the above shares, do you think AirDrop is worth participating in? According to Vietnam-ustrade.org, everything has two sides. AirDrop is a project worth joining at a simple, user-friendly level. Anyone can use AirDrop effectively. However, nothing valuable comes for free! Right? The widespread nature makes AirDrop often abused, becoming somewhat meaningless in the Crypto community.
Although it is a quite outstanding branding and marketing tool, users are turning AirDrop into “trash” technology in the future. AirDrop is becoming a money-making tool that even users do not understand what AirDrop is or how it works. So, whether to participate in AirDrop or not depends on you.
Is AirDrop Coin a scam?
Since it exists in the virtual space, there is no absolute safety anywhere. Therefore, users need to be very cautious to make correct decisions and avoid scams in any form such as:
- Requesting private key to complete tasks: This activity contains many risks that you do not know. Users may lose all their money by providing their private wallet key to a third party.
- Sending money to any address to buy AirDrop: AirDrop is free, so why do you have to send money to buy a coin that costs nothing? This is a scam activity that users need to be careful about. Do not be tempted by immediate gains and lose future influence!
- Fake websites and impersonations, with links similar to official sites: Users can check official web information from community sources like Twitter. No project operates without widespread public announcement.
An alert and smart mind will help you recognize which AirDrop project is a scam. Also, before making any decision, you should consider the problem comprehensively and holistically. This will help users achieve high investment returns.
Final thoughts
In summary, AirDrop is a quite effective investment method. However, it is an activity that is not safe and sustainable. Therefore, users need to consider carefully before making any investment decisions.
