What is a Blum Airdrop? How to Earn from Crypto for Free!

Bittime - Blum is one of the mini Telegram apps that has attracted a lot of attention in recent months. What sets Blum apart from many other projects is the existence of a product that is already well-established. This article will provide a complete explanation of Blum and how it works.

What is Blum?

Blum is a hybrid cryptocurrency exchange platform that combines the features of centralized and decentralized exchanges in the form of an easy-to-use mini application on Telegram. 

With Blum, users can trade derivatives, access tokens from more than 30 blockchains, and interact with cryptocurrencies directly through their mobile phones.

Additionally, as a Blum user, you can earn Blum Points by completing various interactive tasks, such as daily missions and inviting friends. These points can later be exchanged for prizes or upgrades in the future, providing a fun gamification element within the Blum ecosystem.

Also read: Major Airdrop: Token Supply, Pre-Market Data, and Price Predictions

It has not succeeded in attracting the attention of new users who are not yet familiar with the world of cryptocurrency. Based on the latest data, more than 50% of Blum users as of September 2024 are those getting involved in crypto for the first time.

Blum supports various major blockchains such as Ethereum, Tron, Solana, and Polygon, providing access to a variety of cryptocurrencies, from Bitcoin and Ethereum to memecoin.

Key Features of the Blum Platform

Blum has several key features designed to simplify and enhance the trading experience for its users. The following is a review of these features:

Access to Various Tokens: Blum provides access to a wide range of tokens, both for experienced traders and beginners. Users can trade major coins such as Bitcoin and Ethereum, as well as other less popular crypto options.

Simple Derivatives Trading: Blum offers an easy way to trade derivatives, including perpetuals, options, futures on NFTs, and tokens that are not yet listed on the market. The platform seeks to make complex trading strategies such as leverage and hedging more accessible within the Telegram ecosystem.

P2P trading with Fiat: Blum allows users to trade crypto with local currencies via a peer-to-peer (P2P) system. This feature connects buyers and sellers directly, providing more competitive prices compared to traditional methods.

Farming Blum Points: The platform also offers a gamified experience, where users can earn Blum Points by participating in mini-games and completing tasks. These points can be exchanged for rewards within the Blum ecosystem, increasing user engagement and loyalty.

Why Isn't It So Popular?

There are several reasons why Blum is so popular. First, the relationship with Binance gives Blum a lot of attention. As part of Binance's Most Valuable Builder (MVB) accelerator program, Blum gained immense credibility and access to invaluable resources. This, coupled with a team consisting of former Binance executives, further strengthens Blum's reputation.

Second, integration with Telegram makes Blum very accessible. Users do not need to download a separate application, because they can directly make transactions via the Telegram application that they already use every day. This makes Blum more accessible to newcomers to the crypto world who are already familiar with Telegram.

Lastly, the hybrid exchange model implemented by Blum is a key factor in its popularity. Unlike traditional exchanges that store users' crypto, Blum uses an off-chain order book system to match buyers and sellers. 

This allows for faster transactions. Transaction settlement occurs on-chain, which ensures greater security and transparency. This innovative approach makes Blum more attractive to users who value speed and security.

Blum Token and Airdrop

Blum also has a token and airdrop system designed to reward active users within its ecosystem. 

Users can earn Blum Points by farming, completing certain tasks, and inviting friends. These points can later be exchanged for various prizes or improvements in the application.

To start farming Blum Points, users can register via Blum's Telegram bot by using the email invitation link. After registering, they can press the "farm" button to start collecting points that can be claimed every eight hours. Regularly interacting with the bot and completing tasks will increase the number of points earned. Users can also follow Blum on social media for more opportunities.

The Blum airdrop campaign begins in June 2024. To participate, users simply access the Blum Crypto Bot on Telegram, join Drop games to collect points. 

Users can play daily to collect points every eight hours. Apart from that, users can also complete social tasks, share content, and invite friends to get more points. You will get 10% of your friends' points and another 2.5% of the points their friends earn.

By following these steps and actively interacting with the Blum Crypto Bot, you can collect points and have the opportunity to get $BLUM tokens during the airdrop.

Conclusion

Blum is an innovative cryptocurrency platform, designed specifically for millennials and Gen Z. User experience-focused features and a transparent approach make Blum an attractive choice in the market. By participating in the platform and farming Blum Points, users can earn rewards in the future.

Stay active and keep up to date with Blum's developments to maximize existing opportunities and be part of its growth!

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.