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JONSNOWING;9843 wrote:I understand Airdrop is a way exchanges market new coin listings, will this help boost the Crypton coin listing? And who had gotten lucky to become a selected winner before? Because I would really love to also
airdrop is like a giveaway its an activity that the team or any organisation use to reward people, also you are correct in a way because some project use airdrop to introduce their coins.
Thanks mate for the correction, that means it’s a good opportunity to members and newbies to get free coins. It’s a motivating strategy as well
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hey guys where you guys aware that there was a competition that happened on the UTOPIA P2P telegram group and they gave out $100 to three lucky winners
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hey guys where you guys aware that there was a competition that happened on the UTOPIA P2P telegram group and they gave out $100 to three lucky winners
It's really nice to see that the Utopia ecosystem is trying to give back to the community. Congratulations to the winners of this contest, it's really beautiful.
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JONSNOWING;9843 wrote:I understand Airdrop is a way exchanges market new coin listings, will this help boost the Crypton coin listing? And who had gotten lucky to become a selected winner before? Because I would really love to also
airdrop is like a giveaway its an activity that the team or any organisation use to reward people, also you are correct in a way because some project use airdrop to introduce their coins.
If an exchange will offer an airdrop because of a new coin listing the airdrop will be done in the new coin, not another buddy. Therefore the current airdrop hosted on the Crypton exchange is not because of the new coin listing.
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MRBEAST;9846 wrote:JONSNOWING;9843 wrote:I understand Airdrop is a way exchanges market new coin listings, will this help boost the Crypton coin listing? And who had gotten lucky to become a selected winner before? Because I would really love to also
airdrop is like a giveaway its an activity that the team or any organisation use to reward people, also you are correct in a way because some project use airdrop to introduce their coins.
If an exchange will offer an airdrop because of a new coin listing the airdrop will be done in the new coin, not another buddy. Therefore the current airdrop hosted on the Crypton exchange is not because of the new coin listing.
You make a good point.
One potential reason exchange host airdrop is to attract new users to their platform by offering free tokens or coins as an incentive. People that receive an airdrop are more inclined to study the exchange and maybe trade other cryptocurrencies on it.
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I understand Airdrop is a way exchanges market new coin listings, will this help boost the Crypton coin listing? And who had gotten lucky to become a selected winner before? Because I would really love to also
No, Airdrop is the way exchanges get more exposure and traffic, not new coin listing because it will help the Crypton Exchange to get more liquidity and more visibility within the cryptocurrency community.
Last edited by joanna (2023-05-25 22:59:34)
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JONSNOWING;9843 wrote:I understand Airdrop is a way exchanges market new coin listings, will this help boost the Crypton coin listing? And who had gotten lucky to become a selected winner before? Because I would really love to also
No, Airdrop is the way exchanges get more exposure and traffic, not new coin listing because it will help the Crypton Exchange to get more liquidity and more visibility within the cryptocurrency community.
You're right. Airdrop does help cryptocurrency exchanges get more traffic and I could remember when Uniswap did their UNI token airdrop then a lot of people in the cryptocurrency focus on the exchange.
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joanna;9996 wrote:MRBEAST;9846 wrote:airdrop is like a giveaway its an activity that the team or any organisation use to reward people, also you are correct in a way because some project use airdrop to introduce their coins.
If an exchange will offer an airdrop because of a new coin listing the airdrop will be done in the new coin, not another buddy. Therefore the current airdrop hosted on the Crypton exchange is not because of the new coin listing.
You make a good point.
One potential reason exchange host airdrop is to attract new users to their platform by offering free tokens or coins as an incentive. People that receive an airdrop are more inclined to study the exchange and maybe trade other cryptocurrencies on it.
Airdrops can also be utilized to thank loyal clients and users that visit the exchange. The idea is to encourage people to keep trading on the exchange and to spread the news about it.
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full;10020 wrote:joanna;9996 wrote:If an exchange will offer an airdrop because of a new coin listing the airdrop will be done in the new coin, not another buddy. Therefore the current airdrop hosted on the Crypton exchange is not because of the new coin listing.
You make a good point.
One potential reason exchange host airdrop is to attract new users to their platform by offering free tokens or coins as an incentive. People that receive an airdrop are more inclined to study the exchange and maybe trade other cryptocurrencies on it.Airdrops can also be utilized to thank loyal clients and users that visit the exchange. The idea is to encourage people to keep trading on the exchange and to spread the news about it.
Overall, airdrops can be a marketing strategy for crypto exchanges to generate more interest and increase their user base by offering free cryptocurrency.
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Vastextension;10130 wrote:full;10020 wrote:You make a good point.
One potential reason exchange host airdrop is to attract new users to their platform by offering free tokens or coins as an incentive. People that receive an airdrop are more inclined to study the exchange and maybe trade other cryptocurrencies on it.Airdrops can also be utilized to thank loyal clients and users that visit the exchange. The idea is to encourage people to keep trading on the exchange and to spread the news about it.
Overall, airdrops can be a marketing strategy for crypto exchanges to generate more interest and increase their user base by offering free cryptocurrency.
However, it is essential to be cautious with airdrops that are not from the UtopiaP2P project as some can end up being scams intended to steal people's personal information or assets by tricking them into disclosing their private keys.
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thrive;10131 wrote:Vastextension;10130 wrote:Airdrops can also be utilized to thank loyal clients and users that visit the exchange. The idea is to encourage people to keep trading on the exchange and to spread the news about it.
Overall, airdrops can be a marketing strategy for crypto exchanges to generate more interest and increase their user base by offering free cryptocurrency.
However, it is essential to be cautious with airdrops that are not from the UtopiaP2P project as some can end up being scams intended to steal people's personal information or assets by tricking them into disclosing their private keys.
Kindly lets be informed and lets hope for safety usage, will should at least ask questions in the "questions and help" forum. Utopia system won't be responsible for any attack on your privacy... Your privacy is the key, stay safe.
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oba;10132 wrote:thrive;10131 wrote:Overall, airdrops can be a marketing strategy for crypto exchanges to generate more interest and increase their user base by offering free cryptocurrency.
However, it is essential to be cautious with airdrops that are not from the UtopiaP2P project as some can end up being scams intended to steal people's personal information or assets by tricking them into disclosing their private keys.
Kindly lets be informed and lets hope for safety usage, will should at least ask questions in the "questions and help" forum. Utopia system won't be responsible for any attack on your privacy... Your privacy is the key, stay safe.
Yes, asking questions in the "Questions and Help" will prevent some flooding of some discussion threads but does that have to do with Utopia's responsibility?
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However, it is essential to be cautious with airdrops that are not from the UtopiaP2P project as some can end up being scams intended to steal people's personal information or assets by tricking them into disclosing their private keys.
That is true, there are many scam airdrops around the crypto space today that are aimed at stealing user information and sometimes even steal the funds on your wallet if you slip up and give them your wallet info.
Always ensure you verify the team behind each airdrops before joining.
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oba;10132 wrote:However, it is essential to be cautious with airdrops that are not from the UtopiaP2P project as some can end up being scams intended to steal people's personal information or assets by tricking them into disclosing their private keys.
That is true, there are many scam airdrops around the crypto space today that are aimed at stealing user information and sometimes even steal the funds on your wallet if you slip up and give them your wallet info.
Always ensure you verify the team behind each airdrops before joining.
Meanwhile moat of the airdrop scam I know is not done through the giving of the scammer the wallet privacy wallet info but by integrating the wallet on the scammer's decentralized web3 website. Therefore people need to be careful of the website or web3 they grant access to their non-custodial wallet.
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Meanwhile moat of the airdrop scam I know is not done through the giving of the scammer the wallet privacy wallet info but by integrating the wallet on the scammer's decentralized web3 website. Therefore people need to be careful of the website or web3 they grant access to their non-custodial wallet.
The reality is that majority of airdrop scams are unreported and somewhat related to privacy theft far more than actual loss of funds.
In order to grant someone else access to a non custodian wallet you need to allow them access to your private keys. On such wallets the service does not hold your private keys and it cannot be done automatically.
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Nobody needs the stress of losing all their digital currency because of phishing, no matter which form it arrives in. Whether it’s websites asking for recovery phrases or Dapp style sites connecting wallets, be very careful what you do with your wallet. You almost certainly won’t get a second chance if things go wrong.
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Once you pay with cryptocurrency, you can usually only get your money back if the person you paid sends it back. Before you buy something with cryptocurrency, know the seller’s reputation, by doing some research before you pay.
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<p>Nobody needs the stress of losing all their digital currency because of phishing, no matter which form it arrives in. Whether it’s websites asking for recovery phrases or Dapp style sites connecting wallets, be very careful what you do with your wallet. You almost certainly won’t get a second chance if things go wrong.</p>
Trust Wallet is a fully decentralized non-custodial wallet. This means that you have complete access over your cryptocurrencies but are also solely responsible for their security
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It is helpful to think of wallet providers as a window that allows you to easily view and interact with your wallet. Most wallets providers you have probably interacted with have a convenient user interface like Exodus, Atomic, or Metamask, allowing you to sign transactions and send cryptocurrency with a click of a button. However, it is essential to know that your wallet is provider agnostic, meaning that once it is created, you can view and interact with it from any wallet software as long as you have the corresponding private key.
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Crypto assets and associated products and services have grown rapidly in recent years. Furthermore, interlinkages with the regulated financial system are rising. Policymakers struggle to monitor risks from this evolving sector, in which many activities are unregulated.
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The blockchain public ledger technology (which underlies cryptocurrency) has the potential to disrupt a wide variety of transactions, in addition to the traditional payments system. These include stocks, bonds and other financial assets for which records are stored digitally and for which currently there is a need for a trusted third party to provide verification of the transaction.
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I was very excited when I heard about this Airdrop and for real I was very much ready for it but it's a shame the campaign did not last long.
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While Bitcoin is still a cryptocurrency leader, thousands of emerging altcoins (alternative cryptocurrencies) are currently in use or being developed.
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Cryptocurrency development can mean one of the two things — coin or token creation. Both are cryptocurrencies, but there is one fundamental difference.
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Cryptocurrency development can mean one of the two things — coin or token creation. Both are cryptocurrencies, but there is one fundamental difference.
Coins have their own personal blockchain which they are built on but tokens are built on the blockchain of a different project.
We can have ERC-20 projects which are built on the etherum blockchain, or tokens which are on any other project.
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