CoinMarketCap has one of the best crypto pricing charts. The platform is known for its real-time updates on crypto prices, capitalization, market depth and other vital trading indices.
Crypto airdrop is a new addition to its platform which lists upcoming and closing airdrops for different crypto projects. On the platform, participants and winners are listed, the total airdrop amount is also stated.
The good part is that you can earn diamonds which are currencies on its loyalty referral program. It just takes you referring a friend to CoinMarketCap and both of you will earn diamonds that can be used to purchase other exciting items.
Key Takeaways
• Joining airdrops through the CoinMarketCap platform qualifies to earn diamonds which are currencies to spend on NFTs, Merch, and other nice items.
• Binance account users can join the airdrops on CoinMarketCap with their Binance credentials.
• Experienced users on CoinMarketCap can try other features that open them up to the airdrop calendar.
• Users can promote their projects on CoinMarketCap. Interested persons can fill out the form and have a manager contact them to organize their campaigns.
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SEE ALSO: How to Use CoinMarketCap to Track Your Crypto Portfolio
SEE ALSO: 8 Crypto Airdrops To Lookout For In 2022 (With Dates)
CoinMarketCap organizes free-to-participate airdrop campaigns for their registered users regularly. In case you are new to the crypto world, let’s take a brief look into airdrops and how they work.
In this article, I will take you through the basics of CoinMarketCap airdrops, How to identify CoinMarketCap airdrops, and how to participate in airdrops.
What are airdrops?
Airdrops are campaigns by crypto projects where new users are on-boarded by giving them a certain amount of cryptocurrency assets in return for fulfilling certain conditions or performing some tasks.
These conditions may include the purchase of a portion of the crypto asset, participating in social media campaigns, and using a platform, among others.
How lucrative are CoinMarketCap Airdrops?
CoinMarketCap airdrops may not make you rich instantly, but some CoinMarketCap airdrops have been known to do very well over time for winners.
Are CoinMarketCap Airdrops legit?
CoinMarketCap airdrops are hosted on the CoinMarketCap website. They are very much safe to participate in, as they do not require you to submit your private keys or seed phrase.
Offers on CoinMarketCap go through a thorough review, therefore, all airdrops on the site are checked for their authenticity.
As a rule of thumb, you should stay away from any airdrop campaign that requires you to submit your private keys or seed phrases under any circumstances.
Getting started with CoinMarketCap airdrops
If you do not own an account with CoinMarketCap already, you should sign up on the website at CoinMarketCap.com
How to sign up.
You have to register with your email or
Registering for a CoinMarketCap account allows you to be able to use the platform in participating in airdrops among other benefits. You can simply navigate to the website and sign up with your email
Register with your existing Binance account
With this sign-up option, you do not have to register a new CoinMarketCap account.
Binance users can sign into their CoinMarketCap account with their Binance ID through the exchange login program which new CoinMarketCap users can sign up with their already existing Centralized exchange credentials.
To get here, navigate to the login page on the CoinMarketCap home page at CoinMarketCap.com and click on the right-hand side menu tab. Click “continue with Binance” to create an account that will be synchronized with your Binance account.
Sign up with email
To use the email sign-up option, Scroll to the sign-up section, input your email and your preferred password and create your account.
You will be required to confirm your sign-up from your mail, so it is advisable to use an email that you can access. After you have confirmed your sign-up via mail, your new CoinMarketCap account is ready for use.
Sign up with a wallet
With the wallet sign-up option, you can sign up with your Metamask wallet or you can use the wallet connect option, you can sign up to CoinMarketCap using some cold wallets installed on your device.
You will be required to connect by clicking a “connect” button. After clicking the connect button, your CoinMarketCap account will be ready for use.
How to qualify for CoinMarketCap airdrops
Firstly, you must be logged into your already created account. Then you must click on the crypto assets page on CoinMarketCap, there, you will see a list of instructions for participating in any particular airdrop you are interested in. You must log in to your account.
You can also complete daily tasks to get diamonds which is under its loyalty program. You can earn more diamonds when you refer a friend and both of you will earn 20 diamonds.
Once you have collected enough diamonds you can spend them on NFTs, Merch, and other nice stuff on CoinMarketCap.
Secondly, you are usually expected to add the token currently under a campaign to your watch list– this is usually done to increase the attractiveness of the token to potential investors. Tokens that have been watchlisted by a lot of users tend to gain popularity with investors.
You must make sure to check the start date and the end date so you will know when the airdrop campaign will come to an end.
How to know about airdrop campaigns
You can know about ongoing airdrop campaigns on CoinMarketCap by going to the airdrop page at CoinMarketCap.com/airdrop.
Another good way to know about ongoing airdrop campaigns on CoinMarketCap is to subscribe to the newsletter, this way, you will be sent periodical emails about ongoing airdrop campaigns that you can participate in.
How to know if you have won an Airdrop on CoinMarketCap
You can know you have won an airdrop by checking your airdrop history. Navigate to the “ended airdrops” section and check “past airdrops”.
You can also check you’re your airdrop history on your wallet or through blockchain explorers like Etherscan, Bscscan, Solscan e.t.c
How to claim airdrops
Sometimes, you may be required to hold an amount of the crypto asset to be qualified for the airdrop. After you have purchased, you need to head to the CoinMarketCap website and click on the token page.
SEE ALSO: How to Use CoinMarketCap to Track Your Crypto Portfolio
SEE ALSO: 8 Crypto Airdrops To Lookout For In 2022 (With Dates)
Final Thoughts
CoinMarketCap airdrops allow users to earn a good enough side income whilst performing simple tasks. CoinMarketCap has hosted some pretty lucrative airdrops like Blockswap, Brokoli network, and Sandbox.
You must note that you should only look for airdrops that you can find on the CoinMarketCap website, to avoid falling for spam and scams. Equally, you should never submit your private key or seed phrase for any airdrop campaign as they are your keys to avoid falling for scams.
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