Free Crypto Airdrops Are a Real Thing… Here’s Some Happening Now (March, 2018)
A company giving out free samples to entice new customers
is nothing new. But giving out free currency, or shares of their company? That sounds a bit suspicious… Turns out, in the Cyrpto world, it’s nothing new. From Dogecoin to Bitcoin, many developers relied on on free “faucets” to entice their first users (the original BTC faucet gave away 5 BTC just for filling out a captcha…)
More recently, companies have begun “airdropping” as a means of promoting their business and encouraging trading of their coin. This just means they’ll send free coins to a wallet address you provide, typically in exchange for a small favor on your end, like retweeting a post. I’ve rounded up 5 of the most promising airdrops for January and February; each offering between $1-10 USD just for clicking some buttons. Before we hop in, however, here’s what you’ll need to claim your tokens:
To avoid giving out too much private information, I recommend setting up special accounts for airdropping. Each company has different requirements, but here’s what you’ll need to get all 5 offers:
- Email Account
- Ethereum Wallet Address: To deposit your tokens. Create one instantly at MyEtherWallet.
- Twitter Account: Consider setting one up specially for this purpose
- Telegram Account: Telegram is a mobile chat app many companies use to communicate with users. You’ll need to install the Telegram app on your smartphone.
- Phone Number: Set one up free on Google Voice if you want to avoid giving out private information. Only 1 airdrop required a phone number (HedgeConnect), but they didn’t verify it anyway.
Now without further adieu, here’s the current airdrop offers for March, 2018:
Estimated Value: $1–10
Lasts Until: Unspecified, Spring 2018
To get 15 LNO tokens, simply follow the link, follow LINO’s Twitter page and retweet a message. You’ll also be given a referral link you can share to earn 5 additional tokens for every new user.
Estimated Value: $2.50
Lasts Until: Unspecified, Spring 2018
Sphere is aiming to create a decentralized social network. They’re offering 50 SAT tokens free when you sign up. Just follow the link, create an account and confirm your email address. Tokens are currently selling for $0.05 each, making this airdrop worth $2.50 before the official launch.
Estimated Value: $9
Lasts Until: End of March
Shivom is running a very limited airdrop, supposedly valued up to $9 USD, according to Airdrop Alert. Simply follow the link, join the telegram and retweet 2 messages from Shivom. The tokens are due to distribute in June after the ICO sale.
House Panda (HPT)
Estimated Value: $1–5
Lasts Until: Extended to May 2018
To sign up for this airdrop, you’ll need to be on your mobile phone. Follow the link to join their telegram channel (download the telegram app if you don’t have it already) and type “/claim” into the message window. You’ll get an immediate response that includes a link to redeem your token, and a referral link you can use to earn extra. To redeem your tokens you’ll actually be given a 12-digit code. Because HPT has not actually launched yet, you’ll this code to claim your tokens in February, after their initial coin offering. Write it down or copy/paste to save it in a safe place!
Estimated Value: $3–150 (no joke)
Lasts Until: Indefinitely
Okay, so this isn’t exactly cryptocurrencies, but the stock-trading app RobinHood is giving away 1 free stock when you sign up for their platform. You don’t need to deposit any money, or even provide a credit card/bank account number. Simply create an account, and claim your free stock. Most free stocks are worth around $5, but Robinhood is transparent that 1 in 100 will receive an Apple, Facebook or Microsoft stock, which are valued around $100–160 USD. Cryptocurrencies are also coming to the platform soon, and may be a part of this promotion in the future.
Unlike the other airdrops, Robinhood will require your full information, including home address and Social Security Number. Don’t be alarmed; they are a completely legitimate brokerage company simply complying with federal regulations. Robinhood will track your investments and send a 1099 at the end of the year (similar to Vanguard, Fidelity, or any traditional investment platform). But personally, I’m looking forward to using a trading platform that will make tax time simple, compared to the clusterf**k that crypto-taxes are turning out to be.
Some of these airdrop promotions provide me with extra tokens/stocks for referring other participants. I do not work for or represent any of these companies; referral fees are simply a way to earn a small income from my writing and help support my blog. Thanks for reading, and be sure to check back for next month’s airdrops!
Business writer by day; coin trader by night. This blog is for my semi-professional thoughts & insights on cryptocurrency investing in 2018.