Best Crypto Airdrops 2020 [Real Airdrop List]
Airdrops are gradually gaining popularity in the cryptocurrency market. Airdrops are an innovative way to grant rewards to crypto users for sharing their ideas and support to the crypto community. Here we are going to discuss best crypto airdrops and their importance in the crypto market.
What are Airdrops?
In cryptocurrency, the term “Airdrop” is used for the event when utility tokens are distributed for free to crypto users who take part in a token sale. However, some projects distribute airdrops without an ICO launch. Learn more about ICO/Token Sale
Airdrops actually is a marketing gimmick used to attract crypto users to take part in an ICO. Users can get these free coins irrespective of their geographical location, sitting anywhere in the world. However, some airdrops are subject to state jurisdictions and regulations.
To receive airdrops, users must produce a KYC (Know Your Customer) form. This is a method to verify legitimate users in the network (Think twice before sharing any of your sensitive information). Verified users must produce their wallet address to receive the coins.
How do Airdrops Work?
Airdrops are fresh tokens that are distributed free during the launch of an ICO to attract the attention of potential customers. Airdrops can be used for upcoming ICOs or established blockchain networks to help investors differentiate between old tokens and the fresh new tokens.
Fintech companies who use financial technologies use airdrops to lure new investors and to market their upcoming projects in the crypto world. Interested users have to complete certain protocolsand provide their wallet address days before the airdrops are generated in the market.
Advantages of Cryptocurrency Airdrops
- Airdrops are an innovative way to launch new ICOs and crypto coins in the market and gain the attention of potential investors.
- Airdrops are helpful in launching utility tokens which can later be used for the development of a blockchain project, attract more investors, and to extend the blockchain community.
- The fundamental of airdrops is to reward users who take part in the ICO. This not only helps to build a market for the new token but also gains the trust and confidence of the users towards the project.
- Project marketers gain free access to millions of data like KYC details, personal information, and wallet addresses provided by the users who want to avail airdrops. This is a unique way to leverage business and gain access to thousands of potential investors.
Why do Airdrops issue tokens for free?
In simple words, airdrops are just like business promotional campaigns or trade fairs where companies distribute free samples in order to advertise their products.
Airdrop is a marketing strategy whereby companies try to spread the word about their new project. Airdrops give an opportunity to crypto users to exchange their crypto coins for money. People who sign up for the projects spread the word to their families, friends, and other crypto users and this is how the campaigns gain excess to millions of crypto users.
Best Crypto Airdrops:
Project/Token Name | Description | Rewards | Task Required | Last Date | Airdrop Link |
---|---|---|---|---|---|
BAT![]() | Earn free BAT while surfing the web with Brave Browser. | $10 + Referral Upto 40 BAT (~$5) | Referral | None | Website Link |
Civik![]() | Refer friends. Get rewarded in Civic tokens | 500 CVC - 25,000 CVC | Referral | None | Website Link |
AWC / Atomic Wallet![]() | Download Wallet. Goto Setting>Airdrop Signup with Email Follow Email Verification | 15 AWC | Download + Email Signup | None | Website Link |
Trust Wallet (TWT)![]() | Download the app from this link> Complete wallet setup> On Pop-up to redeem click "OK"> Share your link to earn extra 100 TWT for each referral | 100 TWT Toekns | Download + setup wallet | None | Download Link |
Where to find information for Airdrops?
We have listed trusted and popular high rated Airdrops in the list above. We will keep this list available with latest worthy Airdrops. You can get more information regarding airdrops from the various cryptocurrency Airdrop platforms and communities. Other than that, crypto forums like Airdrop crypto functioning and meaning and ICO airdrops will also explain the process in detail.
Social media channels like Bitcoin and Altcoin airdrops or token airdrops also provides necessary information regarding airdrops. Other social media platforms like Twitter, Facebook, Telegram, Reddit, and Bitcointalk forum are good places to find information.
How safe are Airdrops?
Airdrops are completely safe. However, you can follow certain safety protocols like:
- Never share your private keys with the network.
- Never share any of your sensitive info related to any of your account on Internet.
- Look for a legitimate website. Read the reviews and complaints of the company.
- Use a separate email, there are high chances of getting spam emails.
Conclusion
Crypto airdrops are the next big thing and are one of the most effective marketing strategies to launch new cryptocurrency projects. But the bad news is that airdrops are not completely devoid of scams. Investors who want to participate in airdrops must educate themselves about the legitimacy of the project. Beware of projects who want you to share your private keys or ask you to send funds during any time of the process.