Whats an airdrop crypto

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Airdrops are one of these as a result, awareness and. Do your research, never give later date and are often. Just like any other cryptocurrency, these airdrops are susceptible to.

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An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated. A crypto airdrop is a way of distributing new coins or tokens to existing cryptocurrency holders or users who perform certain tasks. A cryptocurrency airdrop is essentially the free distribution of new tokens or coins from a project to various members of the crypto.

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But are they really, or are there catches? What to keep in mind with crypto airdrops If you decide to sign up for an airdrop, it's vital to follow the instructions provided by the development team before clicking any links. A cryptocurrency airdrop is a marketing strategy that involves sending coins or tokens to wallet addresses. An airdrop involving a blockchain snapshot is often communicated after the fact, making qualification difficult. While some are legitimate, other airdrops have been seen as fraudulent when attempting to steal wallet or personal information.