{"id":119262,"date":"2021-03-31T16:49:30","date_gmt":"2021-03-31T16:49:30","guid":{"rendered":"https:\/\/precoinnews.com\/?p=119262"},"modified":"2021-03-31T16:49:30","modified_gmt":"2021-03-31T16:49:30","slug":"airdrops-what-they-are-and-how-it-can-benefit-you","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/airdrops-what-they-are-and-how-it-can-benefit-you\/","title":{"rendered":"Airdrops, What They Are and How It Can Benefit You"},"content":{"rendered":"

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They say there\u2019s no such thing as a free lunch, but if you are lucky enough, there is such a thing as free coinage. Heard of Airdrops? It\u2019s a marketing strategy employed by coin issuers to create a buzz around their tokens. They do this by literally giving out free coins to those with wallet accounts or sometimes requesting a small action in return. This can be a mention of the coin on the recipient\u2019s social media, it could be a request to connect with the issuer on social media or could be giving a blog post in return for some coinage.<\/strong><\/p>\n

Some airdrops are considered successful. This means the issuer gets a huge amount of signups in a very short time. This creates amazing exposure for the project and gives a wide group of people free money effectively. Ultimately a win-win situation for both parties.<\/p>\n

Bear in mind that to take part in an airdrop you will need to have an airdrop compliant wallet. One really good digital wallet that supports numerous crypto coins and airdrops is Coin.Space. It is a Maltese-based exchange that offers users access via mobile app or desktop and it is very easy to use and to sign up. Once you have signed up, you will get updates about the latest airdrops happening accessible to wallet holders.<\/p>\n

The Biggest Airdrops<\/strong><\/h2>\n

The following airdrops are among the biggest to ever take place. At the time of the airdrop, all of these gave out an amazing $500,000 worth of coinage.<\/p>\n