What is the meaning of airdrop in the context of cryptocurrency?

1 answers

• Dec 27, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that airdrops are a common practice in the cryptocurrency industry. Many projects use airdrops to distribute their tokens and attract users. It's a way to get people interested in the project and create a community around it. Airdrops can be a win-win situation for both the project and the participants. The project gets more exposure and potential users, while the participants get free tokens. However, it's important to be cautious and do your due diligence before participating in any airdrop. Make sure to research the project, its team, and its goals to ensure that it's a legitimate and worthwhile opportunity.
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