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FAQs on Crypto Airdrops and Earnings
First of all, welcome to the wonderful world of blockchain!
We’re happy you made it to The China Hacks in your quest to find crypto airdrops. Meanwhile, we are here to help you navigate through the technical hurdles you might encounter as an early adopter.
We have several guides and step-by-step tutorials available to get your started with earning cryptocurrency. Feel free to write us via email of WhatsApp channels.
If you feel we are missing anything urgent, don’t hesitate to contact our support.
Moreover we hope you enjoy collecting the token giveaways as much as we do and as much as other people who are using our services! Now go ahead and collect some free tokens!
A crypto airdrop is when a blockchain project distributes free coins or tokens to the cryptocurrency community. Airdrops are commonly used as a marketing strategy for blockchain start-ups.
To receive airdrop tokens, you can just hold Bitcoin and wait for the free crypto to arrive in your wallet. Examples of these “holder airdrops” are Byteball, Stellar lumens and OmiseGo.
Generally, the format of these free cryptocurrencies usually looks like this: At a pre-announced time the project behind the event will take a ”snapshot” of the blockchain, and anyone holding Ether or Bitcoin at that point will receive a certain number of free tokens. Additionally this can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format.
Currently the most common crypto airdrops require a few simple social media task. These ICO’s use an airdrop as a viral marketing technique. Example of this format is BRD and Bitsdaq airdrop.
The last one is called a candy giveaway, which is the Chinese synonym for airdrop.
Many cryptocurrency airdrops have a referral system in place, which allows your to earn more tokens.
A Hard fork is a less common, but well known way to get free crypto. At a certain block number, a chain hard fork’s in to two separate blockchains. When both chains get miner and community support you now have 2 separate coins! The most famous examples of this are Bitcoin Cash & Ethereum Classic.
Exclusive airdrops are hosted and managed by The China Hacks. If you are a blockchain start-up looking for help with your campaign, request an exclusive airdrop by Thechinahacks.com and you’ll surely get real users.
In Addition, crypto bounties are also a popular way to earn crypto. There is a bit more effort involved to become a bounty hunter. However, if you want to find out more on the differences between Airdrops and Bounties you can contact us
Every airdrop has a different set of rules.
The current trend with new airdrops require retweets on Twitter, usually you need a minimum amount of followers.
Today most airdrops require join a Telegram channel.
However, with The China Hacks’ tools, beneficiaries can earn even more cryptos on Airdrops. We used to extensive blockchain infrastructure to make sure that your Airdrop earnings are not just limited to new cryptos of DEfi coins. This means, you can still get likes of BTC, BCH, LTC, XRP, BNB, etc through our tool.
Upon contacting us, you will be provided with a list of current Airdrop offers. Each offer has a different requirement, and these requirements will be well defined.
Once the requirements are met, check your wallet address regularly to see if you received surprise airdrops. Platforms like Waves, Komodo or EOS have delivered free airdrops for their native coin holders without any prior announcement.
If you are an investor holding a diverse portfolio of coins you are likely to be receiving more and more free crypto as this concept keeps gaining popularity.
With the new technology of blockchain, new possibilities are born with it. You can now easily earn crypto from home by collecting airdrops & bounties. However it’s not the only way to make money from the comfort of your own couch.
Our dedicated tools have been designed to make sure you earn high valued cryptocurrency from home, whether it’s airdrops, bitcoins, ethereum, etc.
Contact us now and start earning!
Community building is most important for any start-up, not only the ones in the blockchain space. Proof of community is valuable for ICO’s, STO’s and IEO’s.
If you’re not paying for the product, you are the product.
By doing an airdrop or bounty the project creates awareness about their ICO or token. As a result, it brings people to the project that otherwise would not have heard about it. In addition it leads to token price appreciation, since people value an asset they own higher than a token they don’t own. This is called the endowment effect.
Furthermore airdrops and bounties create a network of people who own the tokens. If you would list the token distribution after an ICO in a pie graph, a large part of the pie is still owned by the Developers or team. Another large part is owned by people who joined the pre-sale. Lastly, a reasonable part is owned by people who invested in the ICO. Therefor, an airdrop adds an extra slice to the pie and that slice will have the majority of people in it.
A free coin also plants a seed in your mind. When looking at cointrackers, you’ll see a list of thousands of coins. However, if you own a coin that name is still in your brain. The seed is planted and whenever you check cointrackers and scroll down, the name of the free e-Coin will jump out and people will check how it’s doing. If they see an article that the free e-Token is doing well or bad, they are more likely to click it if they own it or previously have owned it. It’s just like advertising!
Looking forward, possible crypto airdrop developments could be projects starting to gift tokens to users who hold tokens in projects that overlap or have some synergy with their own. We could also see projects encouraging other projects to airdrop to their token owners and receiving some benefit in return. Like we already see happening at the Ethereum, Waves & NXT platforms.
Contact us to get started on exclusive high yielding Airdrop offers!
Many coins that do giveaways are PRE-ICO or just finished their ICO. This often means it is not traded yet on the bigger exchanges.
The China Hacks team will help you make the necessary conversions to trade-able coins/assets
The safest way to store your cryptocurrency are hardware wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are several hardware wallets available.
Not all crypto can be stored in hardware wallets. We advise you to store your coins in wallets where you control your private key.
We strive to keep our website free of scam projects. Our team provides research behind each coin we list. However, it is still possible we miss a scam project. Recently some projects changed their google form asking for private keys after we list them on our website.
We reward people with $500 worth in Bitcoin if you email us about a scam on our website under active or upcoming airdrops. Help us keep our site clean and prevent other people to be a victim of a scam.