Airdrops are one of the best ways to make passive income in the crypto market, especially in the current market direction, where trading and HODLing are not so common choices for people who want to make some profit.
The idea of generating passive income from one's holdings becomes even more alluring for long-term investors when cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in.
The way crypto airdrops work is no different from the old "manna from heaven" analogy for cryptocurrency enthusiasts ready to test out various projects.
This is because compared to trading, yield farming, or lending, cashing out on airdrops needs little technical expertise and may carry fewer dangers.
A crypto airdrop, often referred to as token giveaways informally, are the free distribution of a cryptocurrency coin or token to existing token holders.
An airdrop's goal is to increase user traction in a market that is oversaturated with thousands of cryptocurrency tokens and coins and is frequently associated with launching a new project or cryptocurrency.
This article examines some of the best crypto airdrops for December that anyone should be aware of.
Crypto investors may find it easier to make better trading decisions, thanks to the world-class crypto analytics and social trading platform Dash 2 Trade.
The D2T coin sits at the heart of the Dash 2 Trade ecosystem and will be released as an ERC-20 token on the Ethereum Network. The D2T team will be holding an airdrop after the presale of their D2T tokens ends sometime in February 2023.
Dash 2 Trade's team has decided to advance the platform's release due to its massive success since the token presale commenced in late October.
The D2T project has received over $7.5 million in funding and already has a lot going on for it.
Participants only have to register for the giveaway and perform minor tasks. And at the end of the presale, 10 people will be chosen randomly to receive 300 USDT each.
Tamadoge is becoming one of the most hyped memecoins of all time and is a play-to-earn game-fi protocol.
Tamadoge (TAMA) is the gateway token of the Tamaverse – where users can mint, breed and battle "Tamadoge pets" in the metaverse.
Over time, Tamadoge will expand to include Play-to-Earn opportunities, including augmented reality experiences, allowing the minted pets to play with or against others in the Tamaverse.
A total of $3,000 worth of TAMA will be given away by Tamadoge to ten lucky entrants.
Entrants can sign up for the giveaway to receive entries and complete the basic tasks.
DeFiChain (DFI) is a blockchain platform created to maximize the potential of DeFi within the Bitcoin (BTC) ecosystem. DefiChain enables fast and transparent transactions via a distributed network of computers.
The DeFi Blockchain offers an unmatched high transaction throughput, reduced risk of errors, and intelligent feature development to complete transactions on the blockchain by concentrating on the blockchain's functionality and dedicating it to decentralized finance.
New users will receive an airdrop of DFI tokens valued at $30 from DeFiChain and Cake DeFi via a new airdrop.
Morpher is a trading platform on the Ethereum blockchain that streamlines trading and investing.
Users of Morpher have unlimited liquidity to access trades and no-fee trades on any number of assets. The financial markets are accessible thanks to Morpher's fractional trading capabilities.
Morpher's native cryptocurrency, MPH, is listed on Coinmarketcap and Coingecko.
To receive a free 100 MPH fund into your trading account, register on their platform, connect a wallet and finish your KYC.
How To Participate
The basic attention protocol is a blockchain-based advertising platform that uses a token called BAT (also short for Basic Attention Token).
By eliminating third-party ad exchanges, safeguarding user privacy, decreasing ad fraud, and compensating consumers for their attention with a portion of revenue, the initiative seeks to improve internet advertising.
The BAT project has developed a decentralized internet advertising ecosystem using the new browser Brave and the Ethereum-based utility currency BAT.
To earn free BAT while browsing the web, download the Brave browser, enable "Brave Adverts" within the browser, and receive notifications of ads.
By accepting random token grants of 25–40 BAT. Token awards are available to users on a first-come, first-served basis once every 30 days.
It is important to note that the US, UK, Canada, Germany, and France are the only countries where Brave Ads are available.
Disclaimer: Voice of crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.