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blakicious

Token Aidrop

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Token airdrop is a set of coins that token distributors (ie. developers) wants to give for free to build their token user base.

For an example, let's say that XYZ (ERC-20) token built on Ethereum will be having an airdrop on a specific date and requires you to have an ETH wallet (address) that you need to pass it on their site.

The usual steps for receiving free tokens:

  1. Create ETH address on MEW.
  2. Register on their site.
  3. Provide your ETH address to be a part in their XYZ aidrop.

 

When the date passes, they distribute tokens to their participants.

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Just to add: With registration on their site, make sure you use different email/password as your primary email address, to avoid being targeted by hackers.

And after registration, they may want you to fill out KYC (know your customer) form. Usually they require pictures of proof of living, ID/Passport. You must do that if they require.

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