Hello ICO Enthusiast,

To put it simply, an airdrop is what you could call a give-away of coins/tokens in exchange for a small effort. When a certain project or company in the cryptocurrency space wants to create buzz or hype around their product they launch an airdrop. This means that if you store your coins in a certain wallet or hold a certain coin you will get another coin/token deposited in your wallet for free. An example of this is that in 2017 holders of Ethereum got a certain amount of OmiseGo for free in a promotional effort for OmiseGo.

However we advise you to watch out with certain Airdrops, they are also methods for scammers to gain access to your data. Always check if these are actual airdrops on the official website of that company. Be careful when providing these companies with your personal details and never give information to these companies concerning your private keys.

With Kind Regards,
The Anycoin Direct team