7 Steps on How to Earn Bitcoins and Altcoins in Airdrops
There are many ways to earn online. With the latest trend on cryptocurrency, there are also new ways to earn for free. Remember that bitcoin BTC is now valued at $5800 to $6000 fluctuating.
One of the free source of money in the internet now is airdrop. Airdrop is the giving away of tokens or coins by newly introduced cryptocurrency. The amount may depend on the invested amount during ICO or performing somes promotion for them and earning stakes or totally given free just for signing up. As to when airdrops are given, awarding is decided by the admin or coin owners.
So, let me give you a brief summary of the basic requirements to participate and earn in airdrop :
1) You must have a BTC wallet and Etherium wallet. These 2 are the most popular coins.
3. Search #airdrop in twitter and follow.
4. Be active in Twitter and Telegram. These are where airdrops are usually announced.
5. Fill up forms for airdrops, be sure to place correct wallet address. Generate new wallet address if needed and have a record of all your accounts, wallet address, passwords, PINs or private keys.
6. Follow the accounts of the coins you participated with to be updated.
7. Be patient. Some airdrops take time to be awarded. Check the road map or timeline of the coin to know when will airdrop be awarded. Applying to airdrop is not always successful. Try and try until you earn your first airdrop.
Monitor the price on the exchangers or trading platforms like CoinExchange or Yobits. Once you are contented with the pricing then you may sell for a quick return. You may also practice trading with your free tokens to earn income (or loss) from your coins. These new tokens might have a low value at first. Learn to HODL or hold. Let them sit still on your account. Their value might be lower or increase thousand folds one day.
When you have earned enough from your airdrops, you might want to share your blessings with this blogger. Here is my ETH wallet address for tips :) 0xF186F229E3Fd54830FEdcbc10124F70c917fECDa
Good luck in finding your first airdrop. :)
There are many ways to earn online. With the latest trend on cryptocurrency, there are also new ways to earn for free. Remember that bitcoin BTC is now valued at $5800 to $6000 fluctuating.
One of the free source of money in the internet now is airdrop. Airdrop is the giving away of tokens or coins by newly introduced cryptocurrency. The amount may depend on the invested amount during ICO or performing somes promotion for them and earning stakes or totally given free just for signing up. As to when airdrops are given, awarding is decided by the admin or coin owners.
So, let me give you a brief summary of the basic requirements to participate and earn in airdrop :
1) You must have a BTC wallet and Etherium wallet. These 2 are the most popular coins.
In the Philippines, coins.ph offers BTC wallet and it provides an easy way to cash in or cash out (withdraw and deposit, exchange Philippine peso to BTC) through 7-11, Cebuana or some banks. Verify your account using a valid ID and mobile number to get free P50 and increase your daily transaction limit to P50,000.00
For Etherium Wallet, you can get one from https://www.myetherwallet.com. Be sure to use hard to guess password and read and reread the instructions on how to secure and re-access your account. Lost private keys means lost etherium. There is no way this can be recovered2. Common requirement to be eligible and participate in airdrops is to have an established account on the following sites so build up your social network accounts :
- Twitter - follow me at https://twitter.com/fleur
- Medium - https://medium.com/@fleur_13428
- Telegram
- Discord
- Slack
- Bitcointalk
- LinkdIn
3. Search #airdrop in twitter and follow.
4. Be active in Twitter and Telegram. These are where airdrops are usually announced.
5. Fill up forms for airdrops, be sure to place correct wallet address. Generate new wallet address if needed and have a record of all your accounts, wallet address, passwords, PINs or private keys.
6. Follow the accounts of the coins you participated with to be updated.
7. Be patient. Some airdrops take time to be awarded. Check the road map or timeline of the coin to know when will airdrop be awarded. Applying to airdrop is not always successful. Try and try until you earn your first airdrop.
Monitor the price on the exchangers or trading platforms like CoinExchange or Yobits. Once you are contented with the pricing then you may sell for a quick return. You may also practice trading with your free tokens to earn income (or loss) from your coins. These new tokens might have a low value at first. Learn to HODL or hold. Let them sit still on your account. Their value might be lower or increase thousand folds one day.
When you have earned enough from your airdrops, you might want to share your blessings with this blogger. Here is my ETH wallet address for tips :) 0xF186F229E3Fd54830FEdcbc10124F70c917fECDa
Good luck in finding your first airdrop. :)
This post first appeared on Journey To Earning Money OnlineJourney To Earning, please read the originial post: here
