New Airdrops

Airdrop is another term for free cryptocurrencies. These free cryptocurrencies (also called coins or tokens) are distributed by new projects. These are their own and new coins. Therefore, it's verly unlikely you get bitcoins or ethereum in these airdrops. You'll receive POLY, OMG, DBYTE or however they call their tokens. We actually also don't know most of the tokens because they give them away only for early adopter before they even sell them, which leads us to the next topic:

Marketing! In order for a cryptocurrency to be useful and worth something it has to be used by people and this is hard to achieve. With giving away free tokens you can get a network effect going. It's an easy way to build a large community because everyone loves free tokens. Another purpose of this is to draw people's attention to the project. Whenever they scroll through CoinMarketCap or see the logo of the free coin elsewhere they know it. This will eventually even buy them tokens, since the project appeals to them.

It's a win-win situation: On one hand, you get free tokens. And on the other hand, blockchain companies raise awareness for their projects.

Yes! You might think just because you get these tokens for free they are not worth it. However, these tokens are usually distributed before the sale in order to carry out marketing, as already mentioned. As a rule, a maximum of 1% of all tokens are made available for an airdrop. The rest is still for sale. Thus also the free tokens have a value.

To get these airdrops you usually have to do small tasks like joining a Telegram chatgroup or following their Twitter account but only until the end the airdrop. After you received the tokens you can leave the channels. In most cases it is a so-called ERC20 tokens, a cryptocurrency based on the Ethereum platform. Therefore it is necessary that you have at least one Ethereum wallet address.

To summerize: With these four tools you should be eligible to participate in about 90% of all airdrops we post here on AIRDROPKING:

• E-Mail address: We recommend to create a special one for airdrops
• Telegram account: https://telegram.org/
• Twitter account: https://twitter.com/
• Ethereum Wallet Address: We recommend: https://www.myetherwallet.com/, apps like Enjin or Jaxx. You can also use hardware wallets like the Ledger Nano S. But DO NOT use a wallet address of an exchange.

Sometimes you need also other tools or even personal data. Take a look at the icons on the list of airdrops. They'll tell you in seconds what for tools are required and if you can participate. You can also use our build-in filter to show only entries you can participate in.

NEVER share your PRIVATE KEY with anyone, also not with any airdrop! Only share your public address - that's totally fine and even necessary!

It depends on each airdrop individually how to withdraw or receive your tokens. Most of the time you’ll have to wait at least several weeks, more likely several months before you can access or get your tokens. Sometimes they’ll be send directly to your wallet and sometimes you have to login on the website where you’ve claimed the airdrop to withdraw them. Our recommendation is to contact the project and ask after the token distribution.

Here's a guide on our medium blog with more information.

On various exchanges. Since the cryptocurrencies mainly come from new companies, they are not yet listed on the big exchanges like Binance. However, there are dozens more small Exchanges. You can check the token's website or Twitter. New exchange listings are usually widely announced. Then you only have to create an account at the Exchange and you can usually exchange the tokens for Ether or Bitcoin.

That's normal! The airdrops usually take place before the token sale but the distribution is after the successful token sale. This can take from a few weeks to several months. In a few cases no tokens are distributed, because the company fails to sell enough tokens and the project unfortunately fails.

If you have more questions please click here for more information. You can also chat with us on Telegram @airdropking_io_support.