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If you are new to the world of cryptocurrencies, you should definitely keep an eye on the new airdrops. These are the perfect way for investors to get some free coins, and start their crypto trading career.

Now, you might wonder why would anyone give you free tokens? Is it all a scam? It certainly sounds too good to be true, right? Well, it is true. Airdrops are a marketing strategy that crypto developers often employ. By giving away free tokens to their community, they attract new investors while at the same time increasing awareness and uptake of their coin.

That way, they get more coin holders and users and their tokens end up in a lot more wallets, expanding their customer network.

Before giving away free coins, however, crypto projects often ask interested investors to do a series of various tasks, usually involving social media, where the investors have to tweet or post something positive about the coin. This can be seen as a process of initiation, which results in an investor joining the coin’s community. One thing remains the same in all cases: the investor must provide a valid wallet address to receive coins from the airdrop.

Now that you know what an airdrop is and how it works, let’s take a look at a few of them that you can participate in this month.

Ethx (ETHX)

Ethx (ETHX) is a project that allows investors to purchase cryptos through the use of a debit or credit card and gives blockchain rewards to corporates through a special Enterprise offering.

The value of the token is $0.2 per single ETHX, and you can get 10 of them, with an additional 10 per each referral. This would get you in a possession of $2 worth of ETHX coins, and just as much per referral. Joining this airdrop is easy, and you can apply for it here.

Oodlebit (OODL)

Next, we have Oodlebit (OODL). This is a coin belonging to a crypto exchange and it tackles some of the biggest issues in the crypto world, such as high fees, security, and speed. Additionally, the project offers numerous features that allow for easier asset management.

Twogap Token (TGT)

Twogap Token is another project that aims to improve the investors’ user experience. It is especially formed for the purpose of bringing investors the unique opportunity to acquire a special product. The product’s name is CryptoBond, and you can find out more about it by visiting the project’s website. The airdrop will contain as much as 5000 TGT coins.

BCoin (BCT)

BCT should not be confused with BTC, although you never know, this might just be the next hit in the crypto world. It is a coin issued by the first fiat-crypto exchange, that comes with an integrated digital payment solution. The airdrop is set to contain 18 BCT, and only the first 50,000 successful registrants will be rewarded upon completing the tasks.