Reasons for carrying out airdrop and bounty campaigns during auto exchange trade

Auto exchange platform in the cryptocurrency industry allows clients to transact fast, safe and easily within the network. It’s a recent innovation that gives users exceptional features for cryptocurrency trading. These unique features are the binary platforms, invest box, coin pump table, margin and mirrors. Thus, the participants in the platform have a variety to utilize during the auto exchange trade operations. Opting to use this media gives one convenient trading in the cryptocurrency bazaar. The platform has reliable customer service providers ready to give assistance to anyone in need.

About airdrop campaigns

Airdrop is a means through which cryptocurrency companies give free coins to selected users’ wallets. These coins are referred to as Free at Token. Such a campaign is usually run to lift certain projects within the blockchain.

How to carry out airdrop campaigns in auto exchange trade

The cryptocurrency owners will choose to run a surprise airdrop campaign or make an earlier announcement. Established cryptocurrency companies will prefer surprise airdrop campaign. One will get to know about such campaigns depending on the level of involvement and interests in the cryptocurrency activities. People who receive the free coins are not able to tell the source of the coins. Most of them will spread the information of having received coins in their wallets without knowing the source.

Young cryptocurrency networks will opt to make prior announcements regarding their campaigns for obvious reasons. Basically, their focus is to create awareness about their new project. Players in the campaign are therefore expected to finish certain tasks before earning the coins. The company will then release free coins only to those users who made it.

Using bounty campaign in auto exchange trade platform

Traditionally bounty campaigns are used to fundraise for projects. A definite number of auto exchange token are made available during the campaign. One must own a recognized cryptocurrency wallet in order to be part of the campaign. Other requirements will include bug searches, white paper translations and logos.

Reasons for free coins campaign in cryptocurrency network

Rewards

The cryptocurrency owners run the free coins campaign in order to rewards loyal customers. Airdrops and bounty campaign are thus the preferred means of giving back to the clients.

Developing a prime database

Using the airdrop and bounty campaign, the cryptocurrency providers are able to get valuable data from clients using online forms. Such information will be used to develop better market strategies to strengthen the network.

To introduce a new cryptocurrency

For people to settle for a new currency in the market, there need for generating awareness on the same. This will determine its success and reliability for the current trading interests.

Conclusion

The cryptocurrency industry is evolving so fast and the industry players need to keep pace to sustain market command. It is therefore important to facilitate campaign whether using airdrops or bounties. Companies need to ascertain the purpose of the campaign before carrying it out in order to achieve results. Besides such campaign are also meant to foster appreciation and maintain clients’ loyalty.