The cryptocurrency market seems to be slowly recovering after a long winter, with users adjusting their investment plans in line with the latest industry news.
While simply buying cryptocurrency is a great way to get started in this field, there are other options to earn some digital assets and start trading them for profit.
In this article, we will look at some of the best free crypto drops that you can look out for this month to add at least one new cryptocurrency to your crypto portfolio.
Best Free Cryptocurrency Airdrop Vouchers 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 by fulfilling various roles such as creators, competitors, developers, NFT creators and traders, investors and scouts.
Betarena’s main goal is to revolutionize sports content by using Web3 technology, blockchain and cryptocurrencies to develop a decentralized ecosystem where users can participate and earn cryptocurrency for their contributions.
Additionally, Betarena recently announced a cryptocurrency airdrop event that aims to reward users with a prize pool of $10,000.
Potential rewards
Users who complete all tasks will share a prize pool of $10,000 in BTA tokens.
Step by step guide
- Go to the Betarena Zealy giveaway page;
- Complete various social tasks to earn points;
- Register on Betarena, set up your profile and confirm your email address.
2. Cryptopia
End date: August 11, 2024
Cryptopia is a fully decentralized blockchain game that operates independently of central game servers. With an integrated multi-signature wallet, free-to-play-and-earn approach, and a gasless solution on SKALE, this project allows developers to simplify the onboarding process.
Cryptopia offers a variety of play styles, including Tycoon (build a business empire), Adventure (grow through exploration), Pirates (make them tremble), and Bounty Hunters (it’s time for a new adventure).
Cryptopia recently introduced its first token airdrop campaign, offering 25,000,000 TOS tokens to participants.
Potential rewards
Participants who complete the required tasks will share a prize pool of 25,000,000 TOS (approximately $87,500 USD).
Step by step guide
- Go to the Cryptopia airdrop page;
- Register by entering your email address;
- Complete tasks to earn records. You will need an email address, a crypto wallet (recommended MetaMask), a Discord or Telegram account, and an X (Twitter) account and a referral code (hint: ask the community).
3. Dvinity
End date: August 14, 2024
Dwinity is a fairly new crypto project that aims to create a decentralized data operating system specifically designed for sensitive information. The ecosystem will integrate cryptography, decentralized AI, and ITS (intelligent transportation systems) technology to provide high security and quantum-resistant data storage.
Dwinity’s primary goal is to facilitate automated data aggregation and linking, and to support fair marketplaces through automated data value analysis.
Additionally, Dwinity is hosting a spectacular crypto giveaway event where users will receive a prize pool of 2.7 million DWIN tokens.
Potential rewards
Each participant can earn up to 1000 DWIN tokens depending on the number of tasks completed.
Step by step guide
- Go to the Dwinity distribution page and register by providing your details;
- Join Dwinity on Telegram;
- Follow Dwinity on X (Twitter);
- Retweet a pinned tweet;
- Follow Dwinity on LinkedIn and share the pinned post;
- Follow Dwinity on Instagram;
- Complete other tasks to earn extra points.
4. Reflect
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 are talking about pairing protocols, borrowing/lending platforms, NFT marketplaces or other types of Web3 applications.
To achieve this, Ponder explores the available options by considering various factors such as smart contracts, APIs, etc. This helps the platform provide a seamless user experience where users can perform their actions through a single, intuitive and user-friendly interface.
Ponder is giving away $15,000 worth of cryptocurrency during its latest event.
Potential rewards
The top 613 participants will receive up to $1,000 in rewards. Rewards will be split into 75% USDT and 25% PNDR.
Step by step guide
- Visit the Ponder giveaway page;
- Connect your wallet;
- Scroll down and select one of the teams from the 5 available partners;
- Retweet the pinned tweet and submit your X (Twitter) and Telegram usernames to join the campaign.
5. Aki Naki
End date: August 29, 2024
Acki Nacki is a revolutionary blockchain that aims to be the fastest network in the entire industry. It works to provide remarkable scalability, near-instant finality, complete decentralization, and gas-free transactions.
Aki Naki is currently hosting a crypto giveaway event open to all crypto enthusiasts.
Potential rewards
Participants who complete the required tasks will share the prize fund in accordance with their achievements.
Step by step guide
- Launch Telegram bot Acki Nacki;
- Collect as many upgrades as possible before Phase 2 begins.
6. ZKE Exchange
End date: August 31, 2024
ZKE Exchange is a cryptocurrency trading platform developed using ZK technology, which has been providing trading services since October 2022. The platform uses its own core system to provide scientific references on users’ digital assets.
ZKE Exchange is currently giving away 157,500,000,000 ZKB tokens to users who make the smallest trades on its platform.
Potential rewards:
Those who make a trade on the ZKE exchange will share a prize pool of 157,500,000,000 ZKB tokens.
Step by step guide
- Access to the ZKE exchange;
- Create an account;
- Log in to trade cryptocurrency.
7. Thermonuclear fusion reactor
End date: September 15, 2024
Reactor Fusion is a DeFi lending platform built on zkSync. It allows users to supply or borrow assets with just a few clicks, welcoming them to a world of reimagined lending.
Reactor Fusion is extremely user-friendly and intuitive, suitable for all cryptocurrency users, regardless of their general knowledge of cryptocurrency and blockchain concepts.
Reactor Fusion is now running a new giveaway promotion to reward users after the success of the previous rounds.
Potential rewards
Participants who complete the required tasks will share a prize pool of 1.2 million ZK tokens.
Step by step guide
- Get access to the Reactor Fusion dApp;
- Connect your wallet;
- Select zkSync Era as your preferred network;
- Earn ZK tokens using the platform.
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Frequently Asked Questions About Cryptocurrency Airdrop
Are Cryptocurrency Airdrops Risky?
There is a possibility that some crypto airdrops and giveaways are risky. However, you can research the company that is organizing the airdrop and decide whether to register for the event. Since you may be required to share personal information, it is important to trust the issuer of the crypto airdrop.
What are the benefits of crypto airdrops?
Crypto airdrops can be a great opportunity for those looking to start their crypto journey or add another cryptocurrency to their portfolio. Considering that you earn crypto without investing, this can be a good way to learn how crypto works.
Is it possible to sell crypto airdrops?
Yes, your crypto airdrop rewards can be sold on crypto exchanges that support that particular cryptocurrency.
Is it possible to make money from crypto airdrops?
Some crypto airdrops can be quite lucrative, depending on the event and your reward.
However, from a profit perspective, how you use your crypto rewards is more important than receiving them.
Final thoughts
If you are new to the world of cryptocurrencies, you can start your journey by choosing some crypto airdrops that you want to participate in. This way, you will be able to earn crypto without investment and will only be satisfied if you make a profit immediately.
We hope our crypto giveaway list helped you find some interesting projects to look out for in August 2024!