AIRDROP AND EARN-TO-LEARN: QUICK AND SIMPLE CRYPTO REWARDING PROGRAMS

As the cryptocurrency industry continues to grow, it has become increasingly easy to make money either through investing, trading (speculating), mining, or engaging in earning/learning and Airdrop programs—the focus of this article.

How Earn-to-Learn Works
Many crypto platforms, including two of the biggest cryptocurrency companies, CoinMarketCap and Coinbase, offer earn-to-learn education services where participants get paid to partake in short crypto-based courses.

Partaking in this program involves three easy steps:
Watch a few short videos
Take a quick quiz
Earn crypto
It is that simple!

Understanding Crypto Airdrop
Meanwhile, Airdrop Chasing is another quick and easy way to earn rewards from the crypto industry. Most times, project developers airdrop tokens (give out free coins) to interested parties who participate in a few simple tasks to generate buzz for a new project.

Some tasks required by these projects include:
Following their social media channels
Sharing posts on social media
Signing up on their platform
Completing a form about the project
Downloading their app
Because participants of airdrops come on board at an early stage of a project, the profit potentials are extraordinary. Many crypto enthusiasts have become overnight millionaires from participating in simple airdrops.

After airdropped projects hit exchanges, holders can decide to trade or swap the earned tokens.

Commenting on the benefits of airdrops, Chair of CoinDesk, Michael Casey, argued that it is essential to aggressively market a token if it is to succeed, adding that: “A currency is nothing if it is not widely used. And that can’t be achieved unless people make some cost-incurring effort to encourage widespread usage.”

Nonetheless, interested parties need to ensure they are not getting scammed, as airdropping has become a popular scamming tool in the crypto space. Some airdrop owners artificially inflate the value of their programs and dump them to make quick profits, leaving participants with close to worthless tokens.


Source: https://learn2.trade

BITCOIN PLUMMETS AMID DIP-BUYING BY EL SALVADOR GOVERNMENT

Amid the bearish charge witnessed in Bitcoin (BTC) on Monday, El Salvador President Nayib Bukele revealed that the country bought the dip. El Salvador’s Bitcoin Law went into effect on September 7, making it the first sovereign nation to adopt the flagship cryptocurrency as legal tender.

President Bukele announced via Twitter that his government acquired an additional 150 BTC with the dip. He tweeted that:

“We just bought the dip. 150 new coins! El Salvador now holds 700 coins.

They can never beat you if you buy the dips. Presidential advice.”

BTC traded around $45,000 when Bukele made the announcement yesterday. However, the cryptocurrency has since dropped to the lower-$40,000 area, according to data from TradingView.

Meanwhile, ATM tracking website Coinatmradar.com recently revealed that the North American nation now has 205 crypto ATM locations, the third-largest by a country (behind the US and Canada).

The launch of the Chivo wallet, the country’s official crypto wallet, started with a rocky start. However, Bukele has assured that the Chivo app now operates in optimal capacity. Reports show that the full adoption of the Chivo app could cost remittance providers like Moneygram and Western Union over $400 million per annum.

Last Friday, Bukele tweeted that about 1.1 million Salvadorans now use the Chivo wallet, adding that: “we haven’t enabled 65% of phone models yet.”

Key Bitcoin Levels to Watch — September 21
BTC has fallen to a new monthly low of $40,140 following the industry-wide crash. The benchmark cryptocurrency now struggles to pick itself up and back to recent highs. Already, Bitcoin is on track to post a red monthly candle for September as it always has since it went mainstream.


BTCUSD – 4-Hour Chart
That said, we expect a steady rebound above the $44,000 mark and higher over the coming hours. Nonetheless, we could see a retest of the $41,000 mark if bulls fail to reclaim the $44,000 level soon.

Meanwhile, our resistance levels are at $44,000, $44,400, and $45,000, and our key support levels are at $43,000, $42,000, and $41,000.

Total Market Capitalization: $2.02 trillion

Bitcoin Market Capitalization: $816 billion

Bitcoin Dominance: 42.4%

Market Rank: #1


Source: https://learn2.trade