When the crypto market is volatile, it’s always a good idea to grab the best airdrops whenever possible. These “rewards,” given to crypto enthusiasts for performing various tasks, have become one of the best ways to diversify their investment portfolios.
The purpose of this article is to inform investors about the top 7 ways to earn free crypto airdrops.
Ways to Earn Free Crypto Airdrops – Top 7 List
Listed below are the most successful methods to earn free crypto airdrops:
- Download Unique Crypto Wallets Such as Best Wallet
- Stay Informed About Upcoming Projects
- Join Crypto Communities
- Hold Other Cryptos
- Dive into Education Programs
- Participate in Referral Programs
- Subscribe to Airdrop Newsletters
Deeper Look into the Best Methods to Earn Free Crypto Airdrops
In the sections below, we discuss each of the methods highlighted, explaining how they work effectively.
Download Unique Crypto Wallets
Using specific cryptocurrency wallets can strategically position users to receive airdrops. Sometimes, such projects are collaborative, where using a specific wallet grants users access to a new cryptocurrency that the wallet has partnered with. In other instances, the wallet itself organizes the airdrop of its native token.
One of the clearest examples in this regard is Best Wallet. Best Wallet is a leading cryptocurrency wallet renowned for its unique approach that not only allows users to buy and sell crypto but also to interact with the cryptocurrency market efficiently. The BEST token is used by this particular wallet to add more use cases to the ecosystem.
Best Wallet’s BEST airdrop focuses on a point-based system. Here, the goal is to complete tasks, accumulate points, climb the leaderboards, and earn a proportional number of BEST tokens as airdrops.
In Best Wallet’s case, the airdrop mechanism has been designed to be inclusive and non-invasive. The quests provided are simple to follow, and how users go about them is left up to their discretion.
That said, users should be specific about which crypto wallet airdrop they choose to participate in. There are several “less than reputable” wallets on the market offering some kind of benefit for downloading. Therefore, if an investor’s chosen method to receive an airdrop is through a wallet, it is important to consider the community’s outlook on that wallet before making a decision.
Stay Informed About Upcoming Projects
Crypto airdrops have become one of the most suitable ways for new projects to gain attention. Therefore, investors should always keep a watch for them. Going to Twitter can help, and sometimes, major publications also play their part in talking about new cryptos while highlighting their upsides.
However, if investors want to access these airdrops even before anyone else, Best Wallet offers a unique upcoming token functionality. This is essentially a way to find high-potential projects even before their ICOs go public. The cryptocurrency wallet has created this section right within the homepage of its application, making it easy to find the best tokens.
It offers two benefits: first, it lets users get involved in projects at their earliest stages; and second, it enables them to take the necessary steps to secure the airdrop early. This is especially important since airdrops are timed events, and those who start the earliest have the highest chance to enhance their gains.
Join Crypto Communities
Investors considered eligible for cryptocurrency airdrops are those who actively join communities. Therefore, one of the best and free ways to acquire additional tokens is to join a cryptocurrency community. Being an active member of such a community makes investors valuable. In a way, the investor plays their part in ensuring that the project thrives on social media platforms such as Discord, Reddit, Telegram, Twitter, and more.
Another benefit of joining the community is that there are sometimes community-specific events associated with the airdrop. It keeps the activity around a project alive and the community engaged, as their participation is reciprocated in the form of rewards.
In the case of Best Wallet, one of the ways users can participate in the BEST Airdrop—BEST being the native token of the wallet—is to engage with its socials. In fact, one of the core methods Best Wallet has implemented for its airdrop is to engage with its Discord channel by sending a certain number of messages daily, holding specific Discord roles, and participating in Discord-specific events.
Hold Other Cryptos
Generally, only those already holding the tokens can participate in the airdrops organized by the project to which the token belongs. Therefore, another way to acquire additional tokens is simply to hold them.
This allows investors to take part in snapshot events, where a record of those holding the tokens is captured at a specific moment, and new tokens are distributed accordingly. For instance, suppose there is an airdrop for a new meme coin; in many cases, holding a certain amount of DOGE already makes people eligible for the airdrop.
This form of airdrop serves two purposes: firstly, it spreads the word about the new meme coin; secondly, it rewards those who are loyal to the cryptocurrency project, which helps ensure the project’s stability in the long term.
Dive into Education Programs
Another optimal way to earn free crypto airdrops is by participating in educational programs. Several exchanges adopt this method, creating video tutorials and sometimes entire courses for users to follow. Completing these courses and then answering specific questions can lead participants to gain additional tokens.
Earning free airdrops this way serves a dual purpose. First, users receive financial incentives in the form of tokens, which they can either hold or swap for other cryptocurrencies. Secondly, it allows users to learn more about the cryptocurrency economy.
That said, ease of access is crucial when using this method to earn free tokens. The simpler it is for people to use educational modules, the higher their chances are of earning more tokens.
Participate in Referral Programs
Another way to get your hands on some free crypto airdrops is by participating in referral programs. These programs help expand the crypto’s influence by attracting more buyers, and in return, referrers earn more tokens.
In the case of Best Wallet, the process begins after one has registered to participate in the Best Airdrop. This registration generates a unique referral code under a “More Info” tab. The referral code is then shared with one’s network via the Best Wallet app or independently. The more users who visit the website using the referral code, the more points the referrers accumulate.
Best Wallet explains that if a user signs up using someone else’s referral code, that user will receive 50 points. Additionally, when that same user creates their own referral code, they earn extra points. Under this scheme, as a referrer, the user will gain a 10% bonus on all the points earned by the person they referred. This is essentially a way to compound one’s gains by earning a commission from all the rewardable actions of the referred person.
This method removes any limiters on referral rewards, ensuring that those who share first can continue earning airdrops indefinitely.
Another way to generate a referral code for Best Airdrop is by connecting one’s account on Twitter. The video below explains the entire process: