If you have been in the crypto world for a while, then you have probably heard of free Terra tokens. Are you curious about what they are and how to get them? Don’t worry because you are not alone. Many crypto investors and Terra investors, to be more specific, have been asking about these free tokens on Terra. After all, everyone is looking for that chance to get free crypto.
What if all this is true? What if there are free tokens to earn on Terra? Would you want to earn them? Let us guess; it is a yes. Good, you are in the right place. This article will help you understand everything you need to about Luna airdrops, which are the free Terra tokens we are talking about. Read through it to discover more.
What Are Luna Airdrops?
First things first, you have to understand what airdrops are. In simple terms, they are initiatives used by certain crypto to make their new coin more popular by sending some of the crypto to the users.
Luna airdrops are simply the rewards an investor gets after they stake Luna on Terra. There are a lot of protocols in the Terra blockchain, and more are being released every single day. Because of this, the investor gets many opportunities. This makes investing in the Terra blockchain more beneficial.
How Can I Get Luna Airdrops?
We are sure that this is one of the questions on your mind right now. The truth is that it is very simple to get Luna airdrops. Different protocols including Anchor provide Luna airdrops. The number of Luna airdrops that you are eligible for will be determined by the investment you have. The following are some of the platforms you can use to check your Luna airdrops.
l Loop – Loop is a dependable platform that is growing at a fast rate. As we talk, investors are staking Luna as well as claiming Luna airdrops. Maybe you would also want to join them. Just click here for info on everything.
l Terra Station – This is a popular place to claim Luna airdrops. When you are investing in Terra, you are required to stake Luna for the airdrop projects to be unlocked.
l Binance – As we all know, Binance is one of the largest platforms in the cryptocurrency world. Lately, the Terra blockchain has partnered with Binance. This makes the platform a reliable place to check the amount of Luna airdrops you have after you stake Luna. The only thing necessary is to check the Luna tab and see if you have any open airdrops. To claim them, they will provide simple steps for you to follow.
l KuCoin – This is also another platform that has become a partner with Terra to grow its services. This simply means that Luna airdrops are offered on this platform. Just search for the Terra tab, register, and lastly, claim Luna airdrops.
Types of Luna Airdrops
There are various types of Luna airdrops that an investor can be rewarded with. Here are the major types.
l Weekly Luna airdrops – These airdrops are only awarded to Luna stakers. As much as the platform is earning more stability in price, the staker is also earning a passive income. As the name suggests, these Luna airdrops are awarded weekly. They are usually awarded in small amounts but frequently.
l Genesis Luna airdrops – A main reason why the Terra blockchain is succeeding every day is that they are not afraid to promote their projects. These projects are marketed by issuing free Luna airdrops called genesis airdrops. These rewards help the Terra blockchain to continue growing. Genesis airdrops are awarded in large amounts but only once.
There are a lot of advantages that come with staking Luna. One of them is that an investor earns Luna airdrops. There are many ways that a person can get these airdrops. They can use platforms such as Loop, Binance, KuCoin, and Terra Station to claim the airdrops. Luna airdrops will help an investor to grow their investments and make a good contribution to growing the platform. This article will always be available to help you to understand more about Luna airdrops.