Airdrops are among the most used marketing events in cryptocurrency. There are plenty of such actions in crypto market. Both experienced users and newcomers may benefit from airdrops. Users can receive small amounts of different coins in their wallets by participating in such an airdrop. There are certain requirements that users should meet in order to receive the promised amount of coins. Even if there are several airdrops that are very attractive, there are also airdrops that may be considered as useless since users’ benefits are very small or these benefits are completely missing.
Such an airdrop may be Morpher Airdrop. I found this airdrop 5 days ago and I claimed 100 MPH after creating my account on Morpher trading platform. At first sight it was a simple airdrop for almost $4. The requirements to attend this airdrop involve steps as follows:
- Create an account using a wallet (such as Metamask for example) and an e-mail address.
- Connect your MetaMask wallet (this is the wallet that I’ve used) using sidechain.morpher.com instead of Ethereum Mainnet.
- Confirm the link received on e-mail
- Complete KYC step.
As simple as that – 100 MPH can be claimed. As soon as you have those 100 MPH in your balance you may ask what to do with that amount. Taking a look at the MetaMask wallet, I’ve noticed that I have 1 ETH as value. But this value was on the sidechain instead of Ethereum Mainnet. Since I’m quite new in crypto, I’ve start searching for what that value means. But I’ve found that being on sidechain, it is not possible to send it to Ethereum Mainnet and convert it into a different token.
Since I wasn’t able to take this step, I’ve tried to withdraw those 100 MPH. But in order to process with the withdrawal, it is necessary to complete Tier 3 Account level, meaning that you need to make a deposit. I said “OK”, let’s make a deposit and buy some more MPH tokens and then I will use Uniswap to convert into a different token. Here is the surprise regarding this airdrop (at least for me), since I’ve read in the airdrop announcement page that Morpher is “zero fee trading platform”. So I’ve added 10$ to buy MPH tokens and I’ve noticed that 5$ would be used to buy tokens while the other 5$ would be the card processing fee.
It is true, Morpher platform is zero fee, but card processing fee for the first deposit is higher than the airdrop value. So why would you be interested to deposit an amount of money to purchase a token (received for free during the airdrop) with a very low value if you gain nothing from this airdrop?! Instead you have spent time making your account and complete the KYC process.
To conclude, now I have an account on Morpher trading platform where I have 100 MPH…and nothing more. Ah…yes, I have a referral link, maybe I would like to recommend this airdrop. If I had considered that this airdrop is worthy, for sure I would recommend this airdrop. But I’ve decided to make this post in order to see if someone else managed to deal with this airdrop and use those 100 MPH claimed from the Morpher trading platform.
If you have a solution to use those 100 MPH, please leave me a comment. I would be grateful and for sure if other users are in the same situation would be grateful too. Thank you in advance.
