The crypto sector has been one of the fastest growing sectors in the fintech space with its innovations and users growing significantly in just a span of less than half a decade.
This is because not only can you make money from crypto by trading, there are also a lot of other things you can do to earn crypto, even for free!
One of those things is through airdrop, which is a giveaway from a specific individual or a team that is usually doing a promotion for a certain crypto token or product.
Some of the crypto enthusiasts have successfully lived off airdrops, which is why it is essential to understand how to earn free crypto instantly so that you can live off it.
Airdrop Strategies
In this article we will be talking about two different strategies on how to get crypto for free instantly.
The two strategies will be divided into strategies that do not need any capital to do, and strategies that need capital to do.
Without Capital
The first one we are going to talk about is the strategy that requires no capital. For this strategy, even though you do not need financial capital, you need other resources, such as a smartphone or a laptop, a good internet connection, and most importantly, spare time.
With this strategy, what you want to do is set up an email especially for what you will be doing and a social media account such as Twitter, Telegram, and Discord.
You need a specific email address because you will essentially give your email address away to these free crypto distributors as their way of marketing so that they increase their user database.
This means that your email address will potentially receive marketing emails, which can be considered spam if you participate in a lot of airdrops, so it is better to have a separate email.
With this strategy, there are three ways that airdrop distributors will deem you eligible for an airdrop. These three are if you are active on their community channels such as telegram or discord, if you are actively responding and reacting to their social media accounts, and if you simply sign up for their product as beta testers.
Either way you will need time to do all those things, especially if you are trying to be active in the community, because it requires you to chat and be on your phone for hours.
There is also a way to participate in this kind of airdrops which is through finding their marketing campaigns which are usually done in platforms like Zealy.
You can use the platform to do tasks around interacting with the product that they are marketing in order to receive free crypto or even free cash.
With Capital
If you want to try the other strategy which involves using financial capital, you can start by setting aside some funds that you will be using especially for this.
Note that with this strategy, the more capital you use, the more you will receive, because with this strategy, it usually involves locking you funds in a new platform which will then be converted into points.
Locking in this strategy means staking or farming, where instead of receiving annual yields you will receive points that will be converted into the airdrop allocation.
This strategy requires less time but more funds as all you need to do is just lock the funds in the platform that is being marketed.
Conclusion
Overall, it is up to you to adjust and choose which one is the right strategy for you, so that you can do this while not being burdened by the requirements that come with it.
While both seem tempting, it is important that you will not always hit gold, as you need to pay attention to the detailed information around airdrops as they can be tricky, leaving you with no rewards, even though you already put in the effort.
Official Website
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Disclaimer:
The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.