Top free crypto airdrops you should look out for, the list is as rich and varied as your wildest dreams.
The post Top Free Crypto Airdrops That Pay Instantly for August 2024 appeared first on Coindoo.
The cryptocurrency market seems shocked in 2024, especially after Q1, which breached all-time highs, followed by a -14.4% in Q2 and closing at $2.43 trillion in June. Thus, users perform and adjust their investment strategy according to the latest industry updates.
But there’s another way of diversifying your portfolio, and most people seem to be fond of it: crypto airdrops, especially those that pay instantly.
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This article discusses some of the best free crypto airdrops that pay instantly so you can focus on enriching your crypto portfolio with at least one new cryptocurrency and start trading.
Best Free Crypto Airdrops for August 2024
1. Tari Airdrop Game
End date: N/A
Tari isn’t your standard airdrop; it is an airdrop game that lets you complete game quests and earn special gems and the unique turtle shell or an astonishingly rare sky hammer. Please note that you need to get all three game heirlooms to qualify for the Tari airdrop. So, constantly refresh the page to catch the latest quests and enroll.
But what is Tari? Tari is a Layer-1 blockchain network protocol that empowers its traders to become native users simply by mining. Also, Tari offers developers scalability and low fees, combined with on-chain access through the Tari mining app.
Crypto Airdrop Step-by-Step Guide:
- Visit Tari airdrop page;
- Log in with X (Twitter) account;
- Complete the first two quests to gems;
- Check the ongoing quests to earn maximum gems;
- Be sure to get your friends playing, as you get 1,000 gems for each referral;
- Owning Gen Zero or Gen One Yats, you can earn the Turtle Shells and legendary Sky Hammers;
- Your items will be converted to XTM tokens when the claiming step is live.
2. Loop Crypto Airdrop
End date: N/A
Loop holds a crypto airdrop for locking Ethereum or liquid restaking tokens into the protocol. In return, at TGE, 7% of the tokens will be airdropped with a linear conversion among all traders.
Also, Loop holds a bounty airdrop program with a maximum bounty reward of $100,000 in USDC. Refer your friends to earn 20% of the points given to the depositor.
For those new, Loop is dedicated to Ethereum, whereby users perform and supply long tail of Liquid Restaking derivatives as collaterals to borrow ETH. Thus, they increase their yield.
Crypto Airdrop Step-by-Step Guide:
- Visit Loop;
- Connect your crypto wallet address;
- Ensure to have ETH or WETH in your wallet;
- Deposit ETH or liquid restaking tokens;
- At TGE, 7% of the supply will be distributed among the participants depending on the earned points.
3. Shardeum
End date: N/A
Shardeum is holding an exclusive airdrop of 3,296,500 SHM for all enthusiasts and avid traders who want free tokens to diversify their virtual portfolio. So, be sure to jump in, as season 2 is now live! Collect XP and turn it into airdropped coins.
Shardeum is an EVM-based Layer-1 that uses dynamic sharding to offer scalability while ensuring composability across shards. Thus, it increases TPS capacity, and each blockchain network validator benefits from low fees.
Crypto Airdrop Step-by-Step Guide:
- Visit the Shardeum;
- Sync your crypto wallet and choose the Shardeum Atomium testnet network;
- Complete Stage 2 quests and earn XP;
- Access Stage 2 Level 1 quest and search for airdropsio;
- Complete even more quests to earn more XP;
- Complete Validator Quest;
- Get testnet SHM from the Discord channel to complete onchain quests;
- Be sure to make referrals to earn even more XP.
4. Blackwing
End date: N/A
Blackwing is a new modular blockchain project that helps investors trade any asset natively without the risk of liquidation. Thus, they offer free leverage trading for long-tail assets via their Limitless Pool. Moreover, due to their technical realizations, Blackwing now offers crypto trading on any chain.
Since they’ve raised $4.5M in funding, they reward their adopters with an airdrop that offers free BXP crypto coins. However, there are other ways to acquire BXPs, such as getting them for referrals and other internal tasks.
Crypto Airdrop Step-by-Step Guide:
- Visit Blackwing;
- Enter the frebtc referral code;
- Connect to the social media channels, such as X (Twitter), Telegram, and others, for additional BXP;
- Sync your crypto wallet;
- Make a deposit and earn BXP;
- Make a referral;
5. Zaros Alpha Testnet Airdrop
End date: N/A
Zaros is a Perpetual DEX created to optimize trading capabilities and increase yields on Arbitrum. This platform is nice because it addresses both beginners and advanced traders, integrating Liquid Re-Staking Tokens with perpetual features while boosting yields through ZLP Vaults.
If you want to benefit from 100x leverage, be sure to check out Zaros and its crypto airdrop as well. The community efforts could greatly impact the future of the coins held and, thus, the value of the airdrop.
Potential Rewards:
Airdrop Pool of $348.184 and 36.000.000 allocated ZRS tokens.
Step-by-step guide:
- Visit Zaros and connect your crypto wallet;
- Hold ETH on the Arbitrum Sepolia testnet;
- Mint 100.000 testnet USDC from Zaros;
- Create your Zaros Trading account;
- Complete various tasks to earn zPoints;
- Share your referral link to earn additional zPoints.
6. Acki Nacki
End date: August 29, 2024
Acki Nacki is a revolutionary blockchain that aims to become the fastest network in the entire industry. It works to provide remarkable scalability, near-instant finality, complete decentralization, and gas-free transactions.
Acki Nacki is now organizing a crypto airdrop event for all crypto enthusiasts.
Potential Rewards:
Those completing the tasks required will share the prize pool according to their achievements.
Step-by-Step Guide:
- Launch the Acki Nacki Telegram bot;
- Farm as many boosts as you can before Phase 2.
7. ZKE Exchange
End date: August 31, 2024
ZKE Exchange is a crypto trading platform developed with ZK technology that has provided trading services since October 2022. The platform uses a self-developed core system to provide scientific references for users’ digital assets.
ZKE Exchange is now giving away 157,500,000,000 ZKB tokens to users who perform the most minor trades on its platform.
Potential Rewards:
Those who perform a trade on the ZKE Exchange will share a prize pool of 157,500,000,000 ZKB tokens.
Step-by-Step Guide:
- Access ZKE Exchange;
- Create an account;
- Log in to trade crypto.
8. Reactor Fusion
End date: September 15, 2024
Reactor Fusion is a DeFi lending platform developed on zkSync. It allows users to supply or borrow assets with just a few clicks, welcoming them into the world of the reimagined lending process.
Reactor Fusion is a highly user-friendly and intuitive cryptocurrency project suitable for all crypto users, regardless of their overall knowledge of crypto and blockchain concepts.
Reactor Fusion is now organizing a new airdrop event to reward users after the success of the previous rounds.
Potential Rewards:
Those completing the tasks required will share a prize pool of 1.2 million ZK tokens.
Step-by-Step Guide:
- Access the Reactor Fusion dApp;
- Connect your crypto wallet;
- Select zkSync Era as the preferred network;
- Earn ZK tokens by using the platform.
We also recommend Top Free NFT Airdrops & Trust Wallet Airdrops
Crypto Airdrops FAQ
What are crypto airdrops?
Crypto airdrops are a marketing strategy used to raise awareness of blockchain projects. Tasks must be completed, and participants receive points, XP, or airdropped coins.
Thus, the coins are sent to the participant’s valid wallet address when the participant meets the established eligibility criteria, which means completing specific tasks.
The main goal of crypto airdrops is to successfully convert early adopters into long-term investors and boost the circulation of the new tokens.
Are crypto airdrops risky?
There is a possibility that some crypto airdrops and giveaways are risky.
What you can do, however, is research the legitimate projects that organize the airdrops and decide whether the event is worth registering and ensures top security. Since you may be required to share personal information, it is imperative to trust the crypto airdrop project and issuer.
How many types of crypto airdrops are there?
There are four main types of crypto airdrops, each requiring certain tasks to be performed. Thus, we have:
- Standard airdrop simply express interest in the crypto airdrops;
- Bounty airdrop requires users to perform a specific task;
- Holder airdrops happen when the user holds a certain amount of the existing coins or tokens in their wallets to qualify for the tokens. Also, the holder airdrop occurs automatically.
- Exclusive airdrop is a crypto airdrop that invites users to receive tokens.
What are the benefits of crypto airdrops?
Crypto airdrops can be an excellent opportunity for those who want to start their crypto journey or add one more cryptocurrency to their portfolio. Considering that you earn crypto without investing, this can be the right way to learn how crypto works.
Can you sell crypto airdrops?
Yes, your crypto airdrop rewards can be sold on the crypto exchanges that support that specific cryptocurrency.
Can you make money from crypto airdrops?
Some crypto airdrops might be pretty profitable, depending on the event and your reward.
However, how you use the crypto reward is more important than winning it from a profit point of view.
Final Thoughts
So, as we’ve reached the end of our crypto airdrop lists, it is essential to do your due diligence and research these, as well as other potential airdrops. Indeed, earning new cryptos may seem fun and exciting, yet airdrops require attention to detail, especially when using your crypto wallet address and staking.
Yes, you can choose to participate in some crypto airdrops. This way, you can earn crypto without investing, and you will only be satisfied if you have a profit immediately.
The post Top Free Crypto Airdrops That Pay Instantly for August 2024 appeared first on Coindoo.
