Today’s airdrop is a steal. Huobi Wallet is airdropping a total of 188 litecoin (LTC) tokens. Airdrop participants can receive up to $10 worth of LTC.
LTC is one of four coins we hold in the First Stage Investor crypto portfolio. So we’re excited that there’s an opportunity for subscribers to nab some LTC for free!
Litecoin is similar to bitcoin in many ways. It has a limited supply of coins (84 million). It requires miners to solve complex math problems to receive LTC as block rewards. And it experiences halvings to reduce the rate of new supply coming onto the market (its last halving was in August).
Importantly, even though Litecoin is based on bitcoin’s open source network, LTC has some significant advantages over bitcoin. That’s why it has become digital silver compared with bitcoin’s digital gold.
Litecoin can confirm transactions in about half the time that bitcoin’s network can. Its transaction costs are lower. And Litecoin has a foundation that markets the coin and works with other companies to expand adoption.
How to Claim the Airdrop
Visit the Huobi Wallet airdrop page here and follow the steps listed. This airdrop is pretty light on the social media requirements. Participants need to download a Huobi Wallet, create an LTC address to receive the LTC airdrop, follow Huobi Wallet on Twitter, retweet one of its tweets and tag a few friends, and then fill out the airdrop form. Participants who complete all the required steps can expect to receive their LTC before October 30.
Never give anyone your email password or private keys. No legitimate airdrop will ask for that information.
Never reuse your email or exchange passwords. Always use unique, random passwords. Write them down and store them somewhere safe. We also recommend setting up a separate email account for airdrops.