Top Free Crypto Airdrops for May 2024

Crypto seems to be slowly recovering after a long winter in the market, and users are adjusting their investment plans according to the latest updates in the industry.

While simply buying crypto is a great way to start your journey in this field, there also are other options to earn some digital assets and start trading them to get a profit.

So, in this article, we will talk about some of the best free crypto airdrops you can focus on for this month to make your crypto portfolio richer with at least one new cryptocurrency.

Best Free Crypto Airdrops for May 2024

Avail

End date: May 4, 2024

Avail is a newly launched crypto project that aims to accelerate the evolution of Web3 by using modular technology that combines data availability, aggregation, and shared security.

To reach its goal, Avail has developed the Unification Layer, a tech stack consisting of the foundational Data Availability layer, the Nexus unification layer, and Fusion, which is an additional security layer.

Avail aims to improve the Web3 ecosystem with a scalable, cutting-edge data availability layer, thus enabling rollups to grow, connect, adapt, and maintain their safety and security.

Avail is now giving away 600 million AVAIL tokens during its crypto airdrop. There are various groups that are eligible, including community members, rollup users, developers, stakers, and more.

Potential Rewards

All those eligible will share a prize pool of 600,000,000 AVAIL.

Step-by-Step Guide

1. Access the Avail airdrop claim verification page;
2. Check your eligibility through various options (connecting your wallet, Twitter, etc.);
3. If you’re eligible, you will see the number of tokens you can receive according to your actions in the ecosystem;
4. Click on “Claim” to finish confirming your participation.

QuantoSwap

End date: May 7, 2024

QuantoSwap is an innovative DEX (Decentralized Exchange) built on top of the Ethereum network. It was developed with the ability to exchange liquid staking tokens, offering increased APRs for staking or yield farming while ensuring profitability even during highly volatile market conditions. This happens thanks to its state-of-the-art restaking protocol and Yield Tokenization protocol.

QNS is the governance token of the QuantoSwap ecosystem, offering control and utility features to its holders while also using a token-burning mechanism to maintain its long-term value.

QuantoSwap is giving away 80,000 QNS tokens (worth around $200,000) during its current airdrop event.

Potential Rewards

Users who complete the steps required will share a prize pool of 80,000 QNS tokens (approximately $200,000).

Step-by-Step Guide

1. Access the QuantoSwap airdrop page and connect your wallet;
2. Start the Telegram bot and follow the instructions to get your sign-up bonus;
3. Start completing the tasks available, such as sharing posts, referring friends, and many other social tasks.

StarkNet

End date: June 19, 2024

StarkNet is a Validity-Rollup that operates as a secondary network on the Ethereum network. The crypto project uses the STARK cryptographic proof system to allow dApps to scale up massively without compromising the security and compatibility offered by Ethereum.

The StarkNet Foundation is constantly working and getting ready to initiate the inaugural phase of the StarkNet Provisions Program, a concept that will involve the distribution of StarkNet tokens (STRK) to the crypto community.

This is why it is organizing an airdrop that will share over 700,000,000 STRK to approximately 1.3 million addresses.

Potential Rewards

Eligible users will share a prize pool of 700 million STRK tokens.

Step-by-Step Guide

1. Access the StarkNet airdrop page;
2. Connect your wallet;
3. Check if you are eligible. There are numerous ways in which you can become eligible for the airdrop.

Ouinex

End date: June 20, 2024

Since its launch, Ouinex has been working effortlessly to become a top advanced platform for crypto and derivatives, carefully and seamlessly blending conventional finance with cryptocurrency trading. The crypto project was designed by seasoned market finance professionals and offers traders advanced tools and the creative potential to integrate crypto assets into traditional market transactions.

Ouinex is currently giving away 30 OUIX tokens to each participant who completes some simple and quick tasks.

Potential Rewards

Each participant completing the tasks required will receive 30 QUIX.

Step-by-Step Guide

1. Chat with the Ouinex Telegram bot;
2. Join Ouinex on Telegram;
3. Follow Ouinex on X (Twitter);
4. Retweet the pinned tweet;
5. Complete the optional tasks to get extra points.

ZKE Exchange

End date: August 31, 2024

ZKE Exchange is a crypto trading platform developed with the help of ZK technology that has been providing trading services since October 2022. The platform uses a self-developed core system designed to provide scientific reference for users’ digital assets.

ZKE Exchange is now giving away 157,500,000,000 ZKB tokens to users who perform the smallest of trade on its platform.

Potential Rewards

Those who perform a trade on ZKE Exchange will share a prize pool of 157,500,000,000 ZKB tokens.

Step-by-Step Guide

1. Access ZKE Exchange;
2. Create an account;
3. Log in to trade crypto.

We also recommend Top Free NFT Airdrops & Trust Wallet Airdrops

FAQ

Are Crypto Airdrops Risky?

There is a possibility that some crypto airdrops and giveaways are risky. What you can do, however, is research the company that organizes the airdrops and decide whether the event is worth registering. Since you may be required to share personal information, it is imperative to trust the crypto airdrop issuer.

What are the Benefits of Crypto Airdrops?

Crypto airdrops can be an excellent opportunity for those who want to start their crypto journey or add one more cryptocurrency to their portfolio. Considering that you earn crypto without investing, this can be the right way to learn how crypto works.

Can You Sell Crypto Airdrops?

Yes, your crypto airdrop rewards can be sold on the crypto exchanges that support that specific cryptocurrency.

Can You Make Money from Crypto Airdrops?

Some crypto airdrops might be pretty profitable, depending on the event and your reward.

However, how you use the crypto reward is more important than winning it from a profit point of view.

Final Thoughts

If you’re a newcomer to the crypto world, you can start your journey by choosing some crypto airdrops to participate in. This way, you can earn crypto without investing and will not be as disappointed if you don’t have a profit immediately.

We hope that our list of crypto airdrops helped you find some intriguing projects to look for in May 2024!