Beginners Guide to Crypto Airdrops

If you’ve been wandering around the crypto sphere for some time, it’s highly likely you’ve heard about these free and “potentially lucrative” airdrops. If not, we’ll you’re in for a treat.

Full Guide Located here: http://cryptocoinjunky.com/what-are-crypto-airdrops/

Airdrops are free cryptocurrency tokens which are given to those who hold a base cryptocurrency for an extended timeframe.

If you’re like me, you’re skeptical of anything labeled “free”. There has to be a catch right? Well, not entirely. There’s always a catch to anything that claims to be free, which usually costs you in the way of time or information.

How Do Airdrops Work?

In order to qualify for airdrops you’ll need to acquire and hold a particular cryptocurrency. Let’s call this your “base currency”. You’ll hold onto this base currency for it an extended timeframe in order to acquire the new airdropped cryptocurrency (aka – tokens).

Think of it as a buy one get one free sale, except you’re not really buying anything, just holding onto a currency for an extended timeframe.

Some coins require you to hold a minimum amount of tokens in order to be eligible for.... read full guide here