

## Introduction

More than 6000 new crypto projects were added to the market in 2021 alone, which meant that they needed to find new ways to attract new investors and gain traction.

With the latest rise of [airdrops](https://www.coinscope.co/blog/crypto-airdrops-how-to-earn-tokens-without-risking-any-money) in the crypto space, more and more people are looking to participate and possibly win tokens for the next hidden gem, without spending any money to do so.

Airdrops are a great way to get free promotion and publicity for your cryptocurrency project or service. By requiring participants to commit to specific tasks, like promoting your project on social media, you can generate buzz and interest in your project with little cost.

## What is a Crypto Airdrop

Airdrops are cost-effective giveaways, used as a marketing activity from projects to attract the attention of new investors. What makes them appealing for projects to use, is the fact that users that participate also get a chance to be invested and show commitment, especially if they are part of the winners for the airdrop. It generates free publicity and guarantees exposure for the project.

Airdrops are a great way to get free crypto, but they’re not always guaranteed. In most cases, participants aren’t guaranteed an airdrop because there are so many people competing for them. However, if you complete the tasks required, you’ll be entered into the pool of eligible participants. On the day of the airdrop, the platform will randomly select a few lucky winners and transfer the promised amount of its currency to their public wallets.

## Benefits of Participating in a Crypto Airdrop

As previously stated, creating an airdrop helps start-up projects attract the attention of the crypto community, almost for free. By distributing their coins or tokens to a wider group of people, they can generate more interest and attention from potential investors. This helps to increase the value of the currency, as more people are trading and holding onto it.

As an investor, it can be beneficial to get in on new coins at the beginning of their journey. By getting involved early on, you can help support the growth of the coin and potentially see greater rewards down the line. Of course, there is always some risk involved with any investment, but getting started by winning an airdrop means that you can minimize this and maximize your chances for success.

## Coinscope Airdrop — Refer Your Friends Feature

Apart from its token listing and promotional services, [Coinscope](https://coinscope.co) also gives projects the opportunity to hold legitimate and decentralized airdrops for their token. By taking advantage of this, its users can view all active or upcoming airdrops, participate by following the steps that each project has selected and check if they won once the airdrop has finished, all through one platform. That makes Coinscope the one-stop platform that most cryptocurrency investors and enthusiasts choose to discover new and exciting projects.

## How to boost your chances of winning an airdrop on the Coinscope.co platform

Coinscope offers two ways for users to increase their chances of being one of the winners, for each airdrop that is hosted on its platform.

 1. **Holding 20k coinscope tokens**
Βy being a holder of 20000 or more **$COINSCOPE** tokens, you are automatically getting **priority to win on every airdrop** that takes place on our platform.

 2. **Making use of the airdrop referral**
Coinscope has recently introduced the airdrop referral system that helps users gain priority, even if they don’t hold any **$COINSCOPE** tokens. By participating in an active airdrops, users can find their referral link on the bottom of the airdrop page. If at least 3 people join the airdrop while using your link, you get priority to be one of the winners on said airdrop.

![](1.png)

## Summary

If you are holding or participating in a crypto airdrop, the best platform you can utilize is [Coinscope](https://www.coinscope.co/airdrop/active). For project owners, you get a platform with easy instructions and steps for the airdrop creation, at the expense of an extremely low fee for doing so. For users, the participation process is being made simple and intuitive, while also offering methods to increase your chances of winning. Who knows, you might end up being a holder of the next crypto gem, while making zero investment to begin with!




Airdrops are a great way to get free promotion and publicity for your cryptocurrency project or service. By requiring participants to commit to specific tasks, like promoting your project on social media, you can generate buzz and interest in your project with little cost.

New Feature - Airdrop Referrals. Earn More Tokens by Referring Your Friends


- Click `Airdrops` in the top navigation header.
- You will see the list of all available airdrops, click one to participate.

![](screen-1.png)

- This will redirect you to a coin's page, Click Airdrop on the top right to see
  the selected coin's Airdrop status.

![](screen-2.png)

- To participate you need first to enter your wallet address in the first input
  field and click `JOIN AIRDROP`.

- To add the coin to your watchlist by clicking the star icon on step 2.

- To vote the coin for the displayed amount of times by clicking `vote` in
  step 3.

![](screen-3.png)

- You will have to vote every day during the airdrop duration to be able to
  qualify for the rewards.

- If you forget about it that's ok, you will have an airdrop alert on top of
  your screen every day until you remember to vote.

![](screen-4.png)

- When the Airdrop has ended you will be able to see this image on your screen.

- You should contact the project owners to find out how they will do reward
  distribution and how to claim your rewards.

![](screen-5.png)


How to join an Airdrop on Coinscope.co, all the steps from joining until end of the airdrop and how to claim your rewards

Join an Airdrop on Coinscope


This is the oldest story in the book, your money in the bank stays idle, and
inflation is steadily draining you.. Two things you cannot avoid Death and
Taxes.

This article is about investing your money in a sensible way in the crypto
market, the fact that is so volatile is also the reason it can be very rewarding
if you play your cards right.

I am going to share a tactic that has worked out for me over the past weeks. You
don’t have to be a blockchain expert or a developer to find a good investment,
let me show you how.

## 1. Know where to look

![](2.jpeg)

This is the first and most important step, visiting a listing website is how you
would like to start. There are countless websites for that, but we will use the
[Coinscope.co](/) successfully used to identify new gems.

![](3.png)

As you can see in the picture above, those listing websites all have a sharing
thing in common, Promotion section. This is how they make money, but this is
also how you can see which coin is spending money for promotion too.

Over the last weeks, more and more new coins are emerging and claiming to save
the planet, or do charity donations, or much much more things… From my
experience 9 out of 10 of those coins are a scam. They are looking to take your
money away quick and easy, and then move to the next ponzi scheme.

The coins that tend to be more serious, they don’t mind the extra money for
marketing. Like a good investor, you wont pick the first promoted coin you
click, you will click all of them and start comparing them.

## 2. Check the details of the coins you choose to look deeper

![](4.png)

There is so much information on websites like these for you to check.

- Check their website, make sure its responsive and its not a cheap template
  someone made in a day. Check for typos and small inconsistencies with their
  description. Usually scam coins tend to not pay attention and get caught to
  those small details.

- Check their whitepaper, make sure the information there looks genuine enough
  and not like a high school essay, I find this the most common mistake those
  scamcoins do, they don’t bother with adding a whitepaper or it looks like your
  10 years old cousin made it.

- Check their telegram channel, Make sure its not bots or fake users (typical
  example would be of a channel having 10k members but only 100 online). Ask
  questions to the admins and see how fast they respond and how good is their
  English.

- Check their twitter, there are free tools online that help you identify how
  many users of a specific twitter account are fake and how many are real, check
  how much user engagement they get on their posts and how much money they used
  for marketing giveaways.

- Check their Domain registration, websites like https://who.is/ help you check
  when the domain was bought and when it is set for renewal, scamcoins will have
  their domain bought very recently with a year max renewal date.

- Check for doxxed team (that means the developers and team are using their
  public profiles and not hiding behind anonymity), that is not a blocker for me
  as many successful projects choose to doxx a lot later after their project
  launched, but this can be a reason for me to invest more than I would to if
  the team was hidden, as it makes it even less possible to be a scamcoin. Make
  sure their profiles are legit if they do share them btw, check their linkedin
  links and see how many friends they have.

## 3. Ready to get techy? Check the smart contract

![](5.png)

You don’t have to be a blockchain expert or a senior developer to be able to
spot a few things, first of all we are going to look at the comments on the
contract.

Usually contracts with malicious functions like preventing you from selling your
tokens (known as honeypots) will have comments on their contract. Look for them.

Next thing you would like to check is the holders percentage, as you can see in
the screenshot, pressing on holders tab will give you a list of the existing
holders (I used safemoon for this example as most tokens are his clone). Make
sure the holders allocation matches the websites and whitepapers tokenomics
section, if they said they will burn 60% of the total supply but only burned 30%
and kept the other tokens to their dev wallet, thats a hard blocker for you to
buy.

Finally check for Liquidity Pool lock and if ownership is renounced. LP lock
means that the owner cannot remove liquidity and “rugpull” your money away.
Usually they tend to lock liquidity for a few months, make sure to know when the
lock is going away and how much percent of that LP is locked. Ownership is a
grey area, some contracts require ownership to be able to deliver what complex
tokenomics they said they would, but most of them don't have any meaningful
owner function interactions, just some functions for manipulating fees and
liquidity. In that case its better if its renounced to avoid any exploits by the
owner (changing holder fees later, or removing fees from his friends)

## Final Thoughts

Investing in cryptocurrency is a risky endeavor and you should only invest what
you can afford to lose, this guide is not a financial advise, just a successful
strategy that has worked for me personally.

As long as you know how to use your tools (coinscope, bscan, etherscan) you
minimize the changes of getting scammed.


This article is about investing your money in a sensible way in the crypto market, the fact that is so volatile is also the reason it can be very rewarding if you play your cards right.

Coinscope

New Feature - Airdrop Referrals. Earn More Tokens by Referring Your Friends

Join an Airdrop on Coinscope

How to spot your next x100 Crypto Gem