RATE Group | The how, what, & why of cryptocurrency airdrops
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The how, what, & why of cryptocurrency airdrops

The how, what, & why of cryptocurrency airdrops

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They say that there’s no such thing as free money—or is there? You’d have to be lucky for a random person to give you money or find cash lying around.

But in the amazing world of cryptocurrency, it’s not all that uncommon for money to be thrown your way. This may come as a surprise, especially for those who are just getting their feet wet in cryptocurrency investing. The closest thing to free money you can get is an airdrop of digital coins. This may not be the first time you’ve heard of this term before, but in this resource, you’ll learn everything you need to know about cryptocurrency airdrops.

What is a Crypto Airdrop?

In the cryptocurrency industry, the term airdrop isn’t the same as the conventional military definition. Basically, an airdrop functions as a gift to users of a coin, which comes in the form of free tokens. This involves a cryptocurrency project distributing digital tokens to their users without charging them anything.

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