How do crypto airdrops work

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A cryptocurrency airdrop is essentially the free distribution of new tokens or coins from a project to various members of the crypto. A crypto airdrop is when a project sends cryptocurrencies or digital assets to the crypto wallets of people who meet certain requirements. These airdrops usually serve as a marketing strategy, intending to spread awareness about a new cryptocurrency or to reward loyal customers. The received tokens.

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The more people that use a currency, the stronger its network effects become. Bounty crypto airdrops occur when users perform certain tasks. Educational Webinars and Events Free financial education from Fidelity and other leading industry professionals. Airdrops allow projects to get their crypto into the hands of a lot of people very quickly.