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What is the meaning of coin airdrop (coin airdrop)

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What is the meaning of coin airdrop (coin airdrop)

What is the meaning of coin airdrop? In the world of blockchain, airdrop is a way similar to “reward”. People can distribute tokens in their wallets to other people’s addresses to receive rewards and vote, but airdrop cannot be directly used as a payment method or for purchasing goods and services in any other form of service (such as games). Therefore, in the world of Cryptocurrency, the empty investment grid is a means to show that you have certain ability and want to obtain certain benefits What does the airdrop of coin issuance mean? Simply put, we are sending a project and granting certain airdrop qualifications to its members. These funds represent that you have your own token, and you can participate in the network through this token to maintain distance from it. (There are also some common applications here), such as exchanges, wallets, etc. These platforms provide some free tokens for users to use

Coin Airdrop

According to previous news, BinanceLabs announced the launch of a new token airdrop feature. Users can receive or purchase any number of airdrop currencies. This air drop is divided into three stages: the first round (September 1, 2020), the second time period (September 3, 2020), and the third and fourth time periods (June 8, 2021) Over the past year, over 100 well-known institutions and exchanges have applied for this service. Brian Armstrong, founder of CoinbaseVentures, stated that they hope to help drive the industry forward through this move. In addition, it is reported that the U.S. Securities and Exchange Commission (SEC) has also approved the IPO of some encryption companies.

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