The number of digital currencies continues to grow, from Bitcoin to altcoins. Therefore, the importance of airdrops in increasing cryptocurrency acceptance cannot be overstated.
Crypto airdrops have given many people, particularly newcomers and those with limited funds, the opportunity to share in the cryptocurrency bounty. But exactly, what are cryptocurrency airdrops?
What Is a Cryptocurrency Airdrop?
An airdrop is a marketing approach used frequently by cryptocurrency entrepreneurs in which free tokens or coins are distributed to user wallet addresses in exchange for completing certain tasks.
These tasks include joining a Telegram group, following specific Twitter accounts, retweeting their tweets, filling out a form, or enrolling on the crypto project’s website. When participants refer others, the crypto airdrop program frequently pays them with more free coins.
At times, obtaining airdrops of a digital asset may not need tasks other than possessing a specific distinct token—this is referred to as a “holder’s airdrop.”
The primary goal of any airdrop program is to raise awareness and promote a new cryptocurrency. These freely dispersed currencies boost the number of followers, users, and coin holders.
Participating in airdrop campaigns can be financially rewarding. Participants in the airdrop have enjoyed perks, including purchasing profitable tokens at a considerably lower price during the presale.
Do you want to get your arrows on any of these “free” airdrop tokens? Then you’ve come to the right place. Find the finest sites for legitimate airdrops and get your share of the cryptocurrency pie by reading.
The 5 Best Sites for Cryptocurrency Airdrops
Here are the top five websites to hunt for legitimate cryptocurrency airdrops.
1. Airdrops.io
Free airdrops are available from Airdrops. According to the site, airdrops.io is “a unrestricted aggregator for crypto airdrops” and has no role in the airdrops listed there. While they make every attempt to publicize legitimate airdrops, you should perform your research before investing in a token presale offer and avoid exposing your personal information.
Airdrops.io includes six categories: Latest, Holder, Potential, Retroactive DeFi Airdrops, Hottest, and Non-Fungible Token (NFT) airdrops. The website’s page has a large number of airdrops. When in doubt, check with CoinMarketCap to maximize the website and avoid fraud.
You can subscribe to their newsletter and receive free airdrop notifications in your emails to stay updated on the latest or forthcoming airdrops.
2. CoinMarketCap
For obvious reasons, CoinMarketCap, a price-tracking website for digital assets, leads the list. CoinMarketCap, founded in 2013 by Brandon Chez, has quickly become one of the most reputable sources for price analysis, crypto project validation, and digital asset comparison for crypto fans, journalists, and institutions.
CoinMarketCap has been recognized by several prominent media publications, including Bloomberg and CNBC, because of its high credibility.
CoinMarketCap aims to “make cryptocurrency discoverable and efficient globally by empowering retail users with fair, high-quality, and accurate information for drawing their own informed decisions.”
It tells users everything they need to know about any coin or token featured on the website. This covers the contract addresses, website, additional contacts, blockchain, real-time pricing of the tokens, and whether or not the token is being monitored.
On coinmarketcap’s list of airdrop campaigns, you’ll find three types: completed airdrops, current airdrops, and future airdrops. While users can participate in “ongoing airdrops,” airdrops in the “future” category notify users when the airdrop goes live. You can also allow the airdrop and be notified hours before it goes live.
When looking for a trustworthy crypto airdrop, check CoinMarketCap.
3. Airdrop Alert
Airdrop Alert is a free airdop site that helps people locate legit airdrops and giveaways in the crypto world. Founded in 2017 as the first platform for crypto airdrops, Morten Christensen (the founder) wanted to help new crypto enthusiasts avoid scam airdrops and giveaways. Airdrop alert carries out diligent research before publishing any airdrop on the site.
However, it’s a common practice among crypto enthusiasts to always do your own research (DYOR) before committing to any airdrop campaign. Airdrop Alert shares similar features with both CoinMarketCap and Airdrops.io. It has a rich list of airdrop campaigns categorized into DeFi Airdrops, NFT Airdrops, New Airdrops, Featured Airdrops, Exclusive Airdrops, and Upcoming Airdrops. Like CoinMarketCap, the website also lists past airdrops.
Aside from crypto airdrops, Airdrop Alert helps crypto newbies learn everything necessary through the many resources on their blog. Want to receive free airdrop news in your email? You can subscribe to the newsletter.
4. AirDropBob
Are you looking for free cryptocurrency airdrops? AirdropBob is another website that lists free cryptocurrency airdrops. AirdropBob works similarly to Airdrop Alert, providing you with all of the information and resources you need to maximize any airdrop campaign listed on the site.
The website is simple to use and provides a list of airdrops, ranging from the latest to older (but still operating) airdrops. Users can also filter and search airdrops based on criteria such as blockchain, status, social media outlets, and so on using AirdropBob.
5. AirdropKing.io
Airdrop Alert is a free airdrop site that assists people in locating legitimate crypto airdrops and giveaways. Morten Christensen (the founder) founded the first crypto airdrop platform in 2017 to help novice crypto fans avoid scam airdrops and giveaways. Before publishing each airdrop on the site, Airdrop Alert does extensive research.
However, it is a customary practice among cryptocurrency fans to always conduct your research (DYOR) before participating in any airdrop program. Airdrop Alert shares feature with CoinMarketCap and Airdrops.io. It offers a comprehensive list of airdrop campaigns classified as DeFi Airdrops, NFT Airdrops, New Airdrops, Featured Airdrops, Exclusive Airdrops, and Upcoming Airdrops. The website, like CoinMarketCap, also details previous airdrops.
Aside from crypto airdrops, Airdrop Alert assists crypto newcomers by providing a wealth of materials on their site. Do you want to receive free airdrop news in your inbox? You may subscribe to the newsletter here.
Bonus: The Best Twitter Handle for Crypto Airdrops
The last (but certainly not least) item on our list is a Twitter account. On Twitter, hundreds of crypto projects and airdrop campaigns are announced. When it comes to cryptocurrency, the microblogging platform has grown in popularity. So, if you’re seeking crypto airdrops on Twitter, DeFi Airdrops (@defi_airdrops) encourages campaigns for decentralized finance (DeFi). Check out this Twitter handle if DeFi is your thing.
You Still Need to Do Your Own Research
Although cryptocurrency airdrop campaigns are free, they do necessitate dedication. Many people have hit the cryptocurrency jackpot thanks to airdrops. But remember that this is not a get-rich-quick scheme, and few airdrops pay right away. It necessitates both effort and patience. They are, as the name implies, drops! So, put in the effort, be patient, and be consistent.
Some people have also been duped by cryptocurrency fraud. This is why conducting your research is critical to your success. So, with these four websites, you’re well on your way to starting your hunt for legitimate airdrop campaigns.