If you’ve been wandering around the crypto sphere for some time, it’s highly likely you’ve heard about these free and “potentially lucrative” airdrops. If not, we’ll you’re in for a treat.
Full Guide Located here: http://cryptocoinjunky.com/what-are-crypto-airdrops/
Airdrops are free cryptocurrency tokens which are given to those who hold a base cryptocurrency for an extended timeframe.
If you’re like me, you’re skeptical of anything labeled “free”. There has to be a catch right? Well, not entirely. There’s always a catch to anything that claims to be free, which usually costs you in the way of time or information.
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In order to qualify for airdrops you’ll need to acquire and hold a particular cryptocurrency. Let’s call this your “base currency”. You’ll hold onto this base currency for it an extended timeframe in order to acquire the new airdropped cryptocurrency (aka – tokens). |
Think of it as a buy one get one free sale, except you’re not really buying anything, just holding onto a currency for an extended timeframe.
Some coins require you to hold a minimum amount of tokens in order to be eligible for....read full guide here