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Earning from Airdrops

By Mchapeyama | CryptoSocial News | 17 Aug 2020


There are many ways in which people earn online. People can earn from investments. They can also earn from airdrops.  Those without initial investment capital are the ones who are involved in airdrops.

When dealing with cryptocurrency, airdrops involves the giving of free tokens or cryptocurrency for free or after doing micro-tasks such as liking Facebook pages. The reason for companies to give airdrops is to advertise their cryptocurrency.

The main tasks that people do to get airdrops include:

Participation in telegram groups

Liking Facebook and Twitter pages

Retweeting or repositing the company’s ads.

 

These activities normally take a very little time. At the end of the airdrop period you get your coins or tokens.

There are many reasons for a company to be involved in an airdrop program. The main reason is to promote the company and its cryptocurrency. In the process, the company benefit from:

Generating awareness of their cryptocurrency

Understanding of the users of their cryptocurrency

Taking it as an initiative to raise funds later on

Rewarding its members for loyalty

Allowing wider distribution and adoption of the cryptocurrency.

 

Whatever the reason for the airdrop, you can benefit by getting free coins. There are sites that advertise airdrop programs. You need to check on them from time to time.

Each airdrop can give you a chance to earn cryptocurrency worth $10 or more. You simply read the conditions of the airdrop and the amount being offered.

Airdrop hunters and participants can earn a good amount of money per year. Some earn more than US$1 000. However, the time you invest is very little.

After earning from airdrops you can then invest and get interest or returns.

A special type of airdrops is called bounty. I have written an article on bounty programs, here is the link: Bounty Programs

One site where you get airdrop news is Airdrop alert

You can also get them at AirdropList

If you want to know one of the best investment opportunity for 2020, visit Moneyscope

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Mchapeyama
Mchapeyama

I am a blogger and writer


CryptoSocial News
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