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Crypto seems to be slowly recovering after a long winter in the market, and users are adjusting their investment plans according to the latest industry updates.
While simply buying crypto is a great way to start your journey in this field, there also are other options to earn some digital assets and start trading them to get a profit.
This article will discuss some of the best free crypto airdrops you can focus on this month to enrich your crypto portfolio with at least one new cryptocurrency.
Best Free Crypto Airdrops for August 2024
1. Betarena
End date: August 7, 2024
Betarena is one of the first Web3 sports content platforms, where users can earn rewards through various roles, such as Authors, Competitors, Developers, NFT Creators & Traders, Investors, and Scouts.
The main goal of Betarena is to revolutionize sports content by leveraging Web3, blockchain technology, and cryptocurrencies to develop a decentralized ecosystem where users can participate and earn crypto for their contribution.
Also, Betarena has recently announced a crypto airdrop event, aiming to reward users with a prize pool of $10,000.
Potential Rewards
Users who complete all the tasks will share a prize pool of $10,000 worth of BTA tokens.
Step-by-Step Guide
- Access the Betarena Zealy airdrop page;
- Complete various social tasks to earn entries;
- Sign up on Betarena, set up your profile, and verify your email.
2. Cryptopia
End date: August 11, 2024
Cryptopia is a fully decentralized on-chain game that operates unrelated to the central game servers. With an integrated multi-signature wallet, a free-to-play-and-earn approach, and a gasless solution on SKALE, this project allows developers to simplify the onboarding process.
Cryptopia provides various playstyles, including Tycoon (Build a Business Empire), Adventure (Grow by Exploring), Pirates (Make Them Shiver), and Bounty Hunters (It’s Time for a New Adventure).
Cryptopia recently introduced the inaugural airdrop campaign, offering 25,000,000 TOS tokens to airdrop participants.
Potential Rewards
Those completing the tasks required will share a prize pool of 25,000,000 TOS (approximately $87,500).
Step-by-Step Guide
- Access Cryptopia’s airdrop page;
- Register with your email address;
- Complete the tasks to earn entries. You will need an email address, a crypto wallet (MetaMask is recommended), a Discord or Telegram account, and X (Twitter) account, and a referral code (Hint: Ask the community).
3. Dwinity
End date: August 14, 2024
Dwinity is a quite new crypto project that aims to create a decentralized data operating system specially designed for sensitive information. The ecosystem will integrate crypto, decentralized AI, and ITS (Intelligent Transportation Systems) technology to provide high security and quantum-resisting data storage.
Dwinity’s main goal is to facilitate automated data networking and linking and support fair marketplaces through automated analysis of data value.
Furthermore, Dwinity is holding a bright crypto airdrop event during which it will reward users with a prize pool of 2.7 million DWIN tokens.
Potential Rewards
Each participant can earn up to 1,000 DWIN tokens depending on the number of completed tasks.
Step-by-Step Guide
- Access Dwinity’s airdrop page and register with your details;
- Join Dwinity on Telegram;
- Follow Dwinity on X (Twitter);
- Retweet the pinned tweet;
- Follow Dwinity on LinkedIn and share the pinned post;
- Follow Dwinity on Instagram;
- Complete other tasks to earn extra points.
4. Ponder
End date: August 14, 2024
Ponder is a Web3 comparison tool that allows users to compare and choose the best project for their needs, whether we’re talking about bridging protocols, borrowing/lending platforms, NFT marketplaces, or other types of Web3 apps.
To achieve this, Ponder researches the options available by looking at various factors, such as smart contracts, APIs, and more. This helps the platform provide a seamless user experience where users can carry out their actions through a single intuitive and user-friendly interface.
Ponder is giving away $15,000 worth of crypto during its latest airdrop event.
Potential Rewards
The top 613 participants will earn up to $1,000 in rewards. The rewards will be split into 75% USDT and 25% PNDR.
Step-by-Step Guide
- Visit the Ponder airdrop page;
- Connect your wallet;
- Scroll down and select one of the teams from the 5 partners available;
- Retweet the pinned tweet and submit your X (Twitter) and Telegram usernames to join the campaign.
5. 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, full decentralization, and gas-free transactions.
Acki Nacki is now organizing a crypto airdrop event available to 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.
6. ZKE Exchange
End date: August 31, 2024
ZKE Exchange is a crypto trading platform developed with ZK technology that has been providing 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 smallest 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.
7. 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 extremely user-friendly and intuitive, suitable for all crypto users, regardless of their overall knowledge of the 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 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 Airdrop FAQ
Are Crypto Airdrops Risky?
There is a possibility that some crypto airdrops and giveaways are risky. What you can do, however, is research the company that organizes the airdrops and decide whether the event is worth registering. Since you may be required to share personal information, it is imperative to trust the crypto airdrop issuer.
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
If you’re a newcomer to the crypto world, you can start your journey by choosing some crypto airdrops to participate in. This way, you can earn crypto without investing and will only be as satisfied if you have a profit immediately.
We hope our list of crypto airdrops helped you find some intriguing projects to look for in August 2024!