A cryptocurrency airdrop is a marketing strategy that involves sending coins or tokens to the wallet addresses. Small amounts of the new virtual currency are sent to the wallets of active members of the blockchain community for free. The ultimate goal of a crypto airdrop is to promote awareness and circulation of a new token or coin.
A cryptocurrency exchange, or a digital currency exchange, is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.
Typically, the ERC20 wallet address is an Ethereum address. More so, all Ethereum addresses are compatible with storing ERC20. Also, all Ethereum wallets are actually connected to the Ethereum blockchain. BSC means Binance Smart Chain. You can store all Bsc related coin/token. You can find them From Metamask or Trust wallet.
Users can become eligible for cryptocurrency airdrops by fulfilling different criteria, such as regular interaction with new or existing cryptocurrency platforms. You can find all the details our our airdrop posts.
Users should always be vigilant about unsolicited deposits into their crypto wallets. In addition, users should be aware of the projects they are investing in or attempting to claim assets for. The common phrase among cryptocurrency explorers is to “do your own research”.
Most airdrops are distributed after the completion of the ICO. It may takes up to 6 month to complete their ICOs. You can check their Twitter or Telegram for more details.
Most of the free earned tokens are not listed on big exchanges, so in the first period, you can sell your airdrop token through decentralized exchanges like Uniswap, Sushiswap, Pancakeswap Or you can sell them to the small centralized exchanges.