Background information about Kobinaya Fountain
This is my last post about Cobinhood as a less appreciated cryptocurrency in the blockchain era and thanks to @Starkerz for his tireless efforts for this opportunity cast my eye on Cobinhood, Zero Trading Fee Cryptocurrency Exchange in the Blockchain era.
When I was in school and pursuing my course, I understood Air Drops as the way files were transferred through a partner or a particular feature and usually this was found on Apple devices. Simply put it is only free money
From my personal experience, I always wonder why sometimes my wallet credit score increases but I never find the clearest answer. I think even the other colleagues out there have the same feelings as I had before, the fact is that there is a normally distributed free token without your awareness we call Crypto Airdrops. Therefore be happy all the crypto traders because some of the free money falls on your wallet. In the next segment of this article, I will explain in detail what we understand with Airdrops and all relevant information connected to this subject under COBINHOOD
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What is Air Drop?
For several years, some companies have deviated from standing out there with the goal of defeating their competitors by way of lauching ICO services and this has become the way these companies attract many traders in their forums. The Internet has come out but is now considered a lazy company that is reluctant to invest into their business of cryptocurrency.
These companies not only do that but take extra steps to study different blockchain through ICO to find valid tokens and collect as much of the individual wallet information from people who have certain coins and then reward them according to their value in their wallets . That's what we call Air Drops
How is Air Drops Delivered?
There are various ways through Air Drops that are sent to the Merchant Cryptocurrency and I will give you a summary of this process on how the token is delivered
Forks: These include Bitcoin Cash and Bitcoin Diamond, This implies you are an amount equivalent to the new coins on the market.
ICO Purchase: This includes Raiden Networks
Freebies: Biance gifts for free customers. *
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Note: The most common and known type of Air Drop is Hard Fork from Bitcoin and this gives Bitcoin holders an amount equivalent to their Bitcoin value in their wallet for example. If you have said 0.4 BTC, then you will receive $ 2469.36 USD as a lucky person holding the BTC wallet. Read here for more information
How can I be told about Air Drops, Is there a lot for this?
The answer to this question is A BIG YES
Companies engaged in the business of cryptocurrency have all this around them and there are many sites and groups that are set up online with the primary aim of raising awareness of traders about Air Drop packages now, then and actively from Air Drops and the best examples here are:
Icodrop &
Airdropalerts.
It plays a major role in providing information to users through the following ways as listed below:
They show the upcoming Airdrop project via warning.
They also nitify you about what kind of coins you have to hold back then before Airdrops is released.
Another way is to continue checking your social media platform with such projects.
Finally on this, JOIN Telegram groups and this will keep you updated on the idea of Airdrops.
Become an Active member in the Telegram group
Know your customers or Anti Money Laundering.
Have a valid ERC-20 exchange wallet source for information
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What kind of wallet is needed for Airdrops to occur?
Ethreum is the most popular wallet and surpasses all the others and it's made with ERC-20 a lot of tokens come along with it and the best wallet below is MyEtherWallet and this also has good results with software called Trezor. Another way is to use Wave Platform and it will give you to receive some of the high tokens that come with it.
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Other wallets include BITCOIN WALLET and you can see this at the source of the Bitcoin Wallet Guide for more information about Bitcoin purses
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Pay attention to this: Never offer your personal keyword to anyone
Conclusion
Before engaging with Cryptocurrency, make the most sharp research so you do not give up on the junk sites
References
https://blockonomi.com/airdrops-guide/
https://coincentral.com/cryptocurrency-airdrop/
http://demo.bitpesa.co/crypto-uganda?gclid=EAIaIQobChMI8oTuv42j2wIVjZztCh3_7Q7ZEAAYASAAEgKGO_D_BwE
Thank you for reading, i still thank @Starkers for his initiative and this opportunity given to air out my views on the subject.
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