First Things first,
What is/are Cryptocurrency AIRDROPS??
->Airdrop is an random distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses for the purpose of attracting new miners/traders/investors/users.
Since it is usually given for free many users still think it has some kind of strings attached or it wouldn't work while we need to understand this event as nothing but as a promotional event for increasing the traffic/users which in turn only benifits the receiver and makes that coin/token famous or most sought out for making AIRDROP event a win win situation for both the partied, Sender and receiver.
Hence one needs to take advantage and utilize this opportunity on Binance rather than being Skeptical.
Q) Types of Airdrops?
--->>> Usually there are 4 major types of Airdrops :
Exclusive Airdrop: This type of airdrop requires participants to be selected or invited by the project team or partners to receive the tokens.
Holder Airdrop: This type of airdrop requires participants to hold a certain amount of the existing coins or tokens in their wallets to qualify for the tokens
Bounty Airdrop: Bounty crypto airdrops occur when users perform certain tasks.
Standard Airdrop: Participants interested in receiving an airdrop simply express their interest in order to receive the airdrop.
NOTE->>>ONE can be benefitted from Various AIRDROPS by first checking it's type and it's pre requisite criteria . Once completed one can provide wallet addresses through VERIFIED And OFFICIAL Channel of the coin/token ONLY.
After Receiving one can either hold and speculate gain in price and sell later or sell on receiving the Airdrops itself for its conversion into dollars or any required currency.<<<-
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