TEN Airdrop Guide: How to Claim, Withdraw, and Check Launch Date

People actively involved in the cryptocurrency sector don’t need an introduction to airdrop campaigns. Airdrop campaigns are promotional strategies and a token circulation program conducted by the project developers by freely distributing their native cryptocurrency token. TEN Airdrop is the latest airdrop campaign organized by TEN Protocol, an Ethereum Layer 2 solution that focuses on encryption, scalability, and preventing MEV (Maximal Extractable Value).

Here is a detailed explanation of TEN Airdrop and how you can claim the rewards.     

What is TEN Airdrop?

The TEN Airdrop is a token distribution event organized by the TEN Protocol. TEN Airdrop rewards the eligible community members with free $TEN tokens. All the early adopters, testnet participants, and holders of some specific assets are eligible to claim the free $TEN tokens. The eligibility of the airdrop will be determined by snapshots and verification tasks conducted by the project developers. 

TEN Airdrop has multiple phases: the “Chapter One” phase consisted of the users who participated in testnet campaigns, earned XP points on Galxe/Zealy, or contributed to the TEN Protocol community on Discord. The snapshots proving their eligibility have already been taken, and the users need to wait for the next phase of the event. The final registration for the $TEN airdrop is now active, and interested participants can visit their official website before November 24, 10:00 AM UTC.      

Eligibility Criteria For the TEN Airdrop

To participate and claim free $TEN tokens, participants need to be at least 18 years old or the legal age in their jurisdiction. Users from the geographical locations where TEN Protocol and its services are restricted will not be able to participate in the campaign and claim the tokens.

To claim the first phase of the TEN Airdrop, users should be early testnet participants and community contributors, and the users who earned the maximum number of points by engaging in those tasks. Apart from the community participation, users who stake $COOKIE tokens with at least a Bronze tier are eligible for a reward from a separate Multi-Airdrop Farming (MAF) pool.  

Users under the following categories are eligible for the TEN Airdrop.

• wTENX holders
• Cookie Season 2 participants
• Users with wallets that hold wTENX or Cookie Season 2 tokens
• Users who completed the Proof of Humanity and collected at least 40 points 

Is TEN Airdrop Free?

Yes, participation in the TEN Airdrop is free in terms of an initial purchase of the airdropped tokens. Despite the cost-free airdrop structure, users might need to bear some primary costs while completing specific tasks during its testnet phase. There will be associated gas fees based on the users’ transactions. If the token receiver is from a jurisdiction where crypto is considered taxable income, they need to pay income taxes.   

Step-by-Step Guide to Claim TEN Airdrop

After completing the registration, what you need to do is stay updated and follow Ten Protocol’s official social media pages and websites to know the latest updates.  

How to Withdraw Your Earnings?

To withdraw earnings from the TEN Airdrop, as the first step, you need to connect your active crypto wallet and verify your eligibility. After connecting your wallet, click withdraw from the portal and confirm the transaction. Wait for the confirmation of the transaction. Once the transaction is approved, you can access the $TEN tokens using your crypto wallet.

Is This a Trustable Airdrop?

The TEN Airdrop is trustworthy. The official announcement of the TEN Airdrop was directly through Ten Protocol’s official channels, like the official website, X account, Discord, etc. TEN Airdrop follows a strict eligibility rule and verification method, ruling out the possibility of skepticism. However, the TEN Airdrop is trustworthy; users should be aware of the scammers who create fake claim portals for the TEN Airdrop. Always double-check the domains and official channels before engaging in.   

Final Thoughts

The TEN Airdrop is a strategic move by the TEN Protocol to lure new members to their community through their native token distribution. Users who are eligible for the airdrop can claim their tokens now and diversify their cryptocurrency portfolio. TEN Protocol is on the verge of expanding its ecosystem as it prepares for its mainnet launch. The airdrop campaign is a part of their ecosystem expansion, and the users who were testnet participants or held wTENX will get top priority during distribution.  

Disclaimer: The information provided here is for educational and informational purposes only. It does not constitute financial, investment, or legal advice. Participation in cryptocurrency airdrops like TEN Airdrop, trading, or staking involves risk, including potential loss of funds.

Also Read: 5 Most Controversial Crypto Airdrops Ever