How to earn money through Airdrops

in #airdrops7 years ago (edited)

If you are into cryptocurrencies, It is very likely to know about Airdrops. Well atleast you must have heard about Initial Coin Offerings aka ICO's right. Well what If you are so broke and you don't have anything at all to invest in an ICO or to buy any Cryptocurrencies? In that case you have airdrops for the rescue. 

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Airdrops are simple, as a part of the promotions ICO's or new coins who are looking to get mainstream in the market, gives away some tokens as rewards to people who promote them. It is basically like Affiliate marketing, where you earn referral commission on referring someone else. 

In the case of airdrops you sign up to the bounty program or airdrop program, then invite your friends or followers to sign up using your referral link. Once they signs up, you gets some tokens as reward. Those tokens when they gets listed on any crypto exchange like bittrex or binance can be sold or traded. If you sign up and promote let's say 30 airdrop campaigns, may be only 5 or 7 of them may get listed on exchanges but, you have nothing to loose as you haven't invested a single penny from your pocket.

Requirements:

So what do you need to participate in an Airdrop:

1) A telegram account(If coin A is providing aidrops you might want to join there telegram group to get the aidrop tokens)

2) An email id

3) ERC20 Wallet (On signing up for an airdrop you will be asked for a non exchange Ethereum wallet, you can make one for free from myetherwallet.com, go to this address and follow the onscreen instructions to make one. Also remember to save your wallet address and private key somewhere safe as these two are very necessary to access your wallet)

PS: You can't use an exchange wallet to get ICO or Airdrop tokens as exchange wallets won't support those tokens, so make a free ERC20 wallet like I have explained above.

That's all you need. One thing you should make sure is not to use your main passwords while signing up for airdrops because we know there are lot of scammers out there looking to scam people, so make a unique password for aidrop sign ups to be on the safe side.

Honestly guys, aidrop campaigns are one of the most easiest way to make some extra cash these days. You can find a lot of airdrop campaigns on forums like bitcointalk, or just search in Steemit search box only and you will find many.

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Hi,
Interesting post.
There are some other ways to make money online.
Do you want to know a good method to earn extra cryptocurrency from home? Check out this article that i've wrote:
https://steemit.com/money/@niel96/fkq5tfkfq
I think Bounty hunting is one of the best ways. And it's free to join.
You only need a computer, internet connection and some brains.
Airdrops generally don't pay that much so i think bounty hunting is better.

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