Very Important Information about Air Drops Check Out 👇
👉A Crypto Airdrop is a promotional event where a cryptocurrency project distributes free coins or tokens to a specific group of people, usually to generate buzz, build a community, and increase adoption. Types of Crypto Airdrops: 1. Standard Airdrop: Free coins or tokens are distributed to participants. 2. Hard Fork Airdrop: Coins or tokens are distributed as a result of a hard fork. 3. Bounty Airdrop: Participants complete tasks or bounties to receive coins or tokens. 4. Exclusive Airdrop: Limited to specific groups, like token holders or community members. 5. Partnership Airdrop: Collaborative projects distribute coins or tokens to each other's communities. 6. Hybrid Airdrop: Combination of different airdrop types. 👉Strategies for Participating in Airdrops: 1. Research: Verify the project's legitimacy and read reviews. 2. Follow Instructions: Carefully follow the airdrop's rules and requirements. 3. Use a Dedicated Wallet: Create a new wallet address for airdrops to keep your main wallet secure. 4. Be Active: Participate in communities and complete tasks to increase chances of receiving airdrops. 5. Stay Up-to-Date: Follow cryptocurrency news and airdrop calendars. 6. Diversify: Participate in multiple airdrops to minimize risk. 7. Be Patient: Airdrops can take time to distribute and list on exchanges. 8. Set Reminders: Track airdrop deadlines and requirements. 9. Use Airdrop Tracking Tools: Utilize online tools to find and manage airdrops. 10. Stay Secure: Protect your personal information and private keys. 👉Real Life Successful Air Drops :- 1. EOS: Distributed 1 million EOS tokens to Ethereum wallet holders in 2018, worth around $10 million at the time. 2. TRON: Airdropped 30 million TRX tokens to Ethereum wallet holders in 2018, worth around $1.2 million at the time. 3. Stellar: Airdropped 500 million XLM tokens to Snapchat users in 2018, worth around $125 million at the time. 4. Ontology: Airdropped 1,000 ONT tokens to 10,000 GitHub users in 2018, worth around $10,000 at the time. 5. Binance: Airdropped 500,000 BNB tokens to Binance users in 2018, worth around $1.5 million at the time. 6. Uniswap: Airdropped 400 UNI tokens to users who had interacted with the Uniswap protocol before September 1, 2020, worth around $1,500 at the time. 7. Compound: Airdropped 1,000 COMP tokens to users who had interacted with the Compound protocol before June 30, 2020, worth around $10,000 at the time. 8. MakerDAO: Airdropped 100 MKR tokens to Ethereum wallet holders in 2018, worth around $1,000 at the time. 👉These airdrops helped build communities, generate buzz, and increase adoption for these cryptocurrency projects. #AirdropGuide
#Update Brazil's tax authority will soon summon foreign crypto exchanges operating within the country, including Binance and Coinbase, to bolster regulation and transparency amid a rise in digital asset usage in Latin America’s largest economy.
Unlike exchanges formally established in Brazil, these foreign exchanges are not obligated to report transactions conducted on their platforms.
The decision comes as Brazilians declared 133.6bn reais ($24.6bn) in crypto assets from January to July 2023, marking a 36.6% increase from the previous year’s totalling.
#UpdateAlert Outflows from spot BTC ETFs have continued for 4 consecutive trading days - on June 18, outflows amounted to -$152.4 million. #BinanceTournament
#BreakingCryptoNews Santiment — Almost all crypto has entered the "undervalued" zone, while there's also been a simultaneous increase in wallet activity across many coins.
There's a high probability of a short-term rebound.
#updates 👉 Literally one piece of news and the apocalypse in the minds of panic-mongers is over To avoid fear during each correction, you must have a strategy for any market behavior. This means taking an asset and understanding what you will do if the price goes up and what you will do if the price goes down. A plan breeds confidence > confidence leads to clarity > clarity leads to correct actions.
#BreakingCryptoNews K33 Research — BTC funds (ETFs and ETPs) have already accumulated over 1,100,000 BTC, which is 5.2% of the maximum issuance of the first cryptocurrency. #BinanceTournament
#BreakingCryptoNews 👉Julien Bittel: Bitcoin will soon move into the zone of insanity" Sign Up on Bybit to get bonuses!(Get to 4000$ in bonus) #BinanceTournament
#BreakingCryptoNews 👉 SEC Closes Investigation Into EthereumThis means that the SEC will not bring charges alleging that sales of $ETH are securities transactions. #BinanceTournament
#UpdateAlert Worldcoin is significantly increasing its investment in Argentina, opening 50 new verification locations and two experience stores. Worldcoin aims to make Argentina a key regional hub and enhance access to its World ID digital passport. #BinanceTournament
#updates In June, US-listed Bitcoin miners achieved a record market cap of $22.8bn, driven by a positive investor reaction to Core Scientific’s AI deal with Core Weave. #BinanceTournament
#BreakingCryptoNews Binance СEO Richard Teng is confident that $BTC will surpass $80,000 by the end of 2024Source: Interview for Bankless YT Channel. #BinanceTournament
$1INCH I Inch has Formed Bullish Pennant in daily time frame After Breakout We will See Massive Bullish Rally in it 🚀🚀🚀 #BinanceTournament #Write2Earn!
#updates 😒What a maximally unpleasant situation in the market, bitcoin moved 0.5%, and viola has already fallen 16%.😭Some alts have fallen so hard that they have updated historic lows📈 #BinanceTournament
#BreakingNews" Ethiopia has shifted from banning cryptocurrencies to regulating them, recognizing the potential benefits of blockchain technology. With a population of 123m, Ethiopia has 1.8m crypto users and agreements with 21 Bitcoin mining firms, mostly from China. Local mobile platforms also enable trading cryptocurrencies and stablecoins on Binance and Paxful. #BinanceTournament
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