If you lost more than 1,000 euros on the TRUMP token at Bitvavo, you can have around 200 $LAPTOP credited to you until October 10, 2026 at 23:59 CEST. Registration runs manually through a banner in your account, it costs nothing, and anyone who misses the date gets nothing afterwards. This guide shows you who meets the conditions, how the exchange calculates your loss, what the reward is actually worth and how German tax law treats allocations of this kind.
An airdrop is the free distribution of crypto assets to a previously defined group of users, usually as a marketing exercise by a project. The $LAPTOP airdrop at Bitvavo is a special form of it: it is aimed exclusively at customers who lost money on one particular other token. According to its own account, Bitvavo set the campaign up together with Phoenix Veritas Ventures Ltd., the company behind the token. How the price collapse that caused those losses in the first place came about, we wrote up on September 10 in our analysis of the crash of the LAPTOP coin.
One point up front, because it is the most common misconception: this credit is a promotional gift from the platform and not compensation. What that means in practice is set out further down in the section on the nature of the reward.
Who is eligible for the $LAPTOP airdrop: Bitvavo’s five conditions
In its help centre the exchange names five criteria you have to meet together at the time of verification. If one of them falls away, no claim arises, and the campaign makes no provision for a review of individual cases.
- You are at least 18 years old.
- You have an active, fully verified personal account with the provider. Business accounts are therefore out.
- Your cumulative losses in TRUMP up to and including September 7, 2026 exceed 1,000 euros.
- You register manually within the campaign period. It runs from September 10, 2026 at 12:00 CEST to October 10, 2026 at 23:59 CEST.
- You are not classified as a major client. Under the terms of participation, market makers, brokers and liquidity providers are excluded.
What is expressly not required
According to the exchange, participation is voluntary and free of charge. You have to buy, deposit or trade neither $LAPTOP nor any other cryptocurrency in order to register or to receive the reward. Anyone telling you otherwise, for instance about a supposed unlocking fee, is trying to fleece you. Nor does the campaign require a minimum holding period or a further trade after the credit.
The TRUMP token whose losses are at issue here trades at around 1.77 euros on September 19, 2026; the development and the data behind it can be found on our TRUMP price prediction. The current price is irrelevant for participation, because the cut-off date for the loss calculation is already September 7.
How to register for the campaign in your Bitvavo account
The route is short and runs exclusively through the platform’s own interface. There is no registration by email, through a form on an external website or via a link from a direct message.
- Log into your account on the web or in the app. Take care to type the address yourself or to use a bookmark of your own.
- Open the campaign notification or the banner on your dashboard.
- Select “Take part now” to register.
The exchange then checks your eligibility. If the check comes out positive, the reward is, according to the company, usually credited directly to your balance within three business days. There is exactly one allocation per verified person and account, so several accounts gain you nothing and breach the terms of use.
If you see no banner although by your own assessment you meet the criteria, that is usually down to the internal loss calculation. How it works is set out in the next section. A look at your account’s transaction overview is the quickest way to recalculate it yourself before you write to support.
How Bitvavo calculates your TRUMP loss: realised and unrealised PnL
This point decides participation, and so far it is explained nowhere in the German-language reporting on the token. The exchange determines your profit and loss on TRUMP as combined realised and unrealised PnL up to and including September 7, 2026. According to the help centre, your historical acquisition costs, the valuation of deposits, sale proceeds and any current holdings all feed into the calculation.
Realised loss is the loss you locked in through an actual sale. Unrealised loss is the paper loss on positions you still hold. That both figures are added together is the genuinely relevant news: anyone who never sold their TRUMP holdings and continues to hold them at a loss can still cross the 1,000 euro threshold and thereby be eligible.
The same logic applies in the other direction. If you sold at a profit in between and later bought back in, the amounts are netted off, and your reported net loss comes out smaller than it feels. Deposits of TRUMP from an external wallet are also entered at a value the platform determines itself. For your own check it is therefore worth exporting your transactions, which centralised trading venues and wallet providers usually offer as a CSV file. If you use several exchanges and want to keep a clean overview of such holdings, the tools from our comparison of crypto tax tools and portfolio trackers, which read precisely these export files, will help.
What around 200 $LAPTOP are really worth today
The reward pool comprises 2,000,000 $LAPTOP, and roughly 200 tokens are earmarked per eligible person. Arithmetically the pot therefore stretches to about 10,000 people. On September 19, 2026 at 06:35 UTC the token was quoted by CoinGecko at 0.090019 euros, down 21.35 percent within 24 hours and ranked 601st by market capitalisation. For 200 tokens that works out at an equivalent value of around 18 euros.
That figure belongs in the decision unvarnished. Anyone meeting the participation threshold has lost more than 1,000 euros on TRUMP and receives for it an amount in the order of a restaurant bill. On top of that, the price can keep falling up to the credit and all the more so afterwards. The exchange itself points out expressly that the value can fluctuate considerably and fall to zero, and it gives no guarantee for value, liquidity or performance. We are not assessing the token as an investment here, and this text is not investment advice.
The effort involved in registering is nonetheless only a few minutes, and no costs arise. That is precisely why the matter is worth not sleeping through the deadline, without you expecting more from it than is there. We collect further ongoing campaigns of this kind on a rolling basis in the airdrop section; the current weekly overview of the most profitable airdrops puts into context where larger amounts are to be had.
What happens if you miss the deadline or the reward pool runs dry earlier
After October 10, 2026 at 23:59 CEST registration is closed. The campaign makes no provision for a grace period, a waiting list or a later payout to eligible people who did not come forward. Anyone cutting the number of days until then fine is taking an unnecessary risk, because verifying your claim also takes time on the exchange’s side.
A second point goes unanswered in the terms of participation: what happens if the pot is used up before the deadline. At 2,000,000 tokens and roughly 200 rewards per person, it stretches arithmetically to around 10,000 eligible people. Whether distribution follows the order of arrival or is scaled back proportionally at the end is not stated in the publicly available information. As long as that question is open, registering early is the safer option.
Check the position exclusively at the source. What is binding is the notice in your logged-in account and the entry in the exchange’s official help centre. Media reports, third-party advertising and emails to your email address may be out of date or forged, and none of these sources decides your claim. For the security of your account the same rule applies as for any other trade: the route runs through your own login, never through a link someone sends you.
Why the reward is not compensation for your TRUMP losses
Bitvavo puts this point so plainly in its help centre that it should stand here verbatim: the campaign is “a promotional reward programme and does not constitute compensation, a refund, restitution or damages for losses in connection with TRUMP trading”. In legal terms it is therefore a marketing benefit and not redress for a loss.
That distinction has consequences going beyond the choice of words. No claim to more arises from a voluntary payment, and whoever accepts the reward is also giving nothing up. Conversely, you should not read the credit as confirmation that something went wrong in trading TRUMP for which someone would have to answer. The exchange provided a market, the price fell, and with crypto assets the price risk always lies with the user.
In practice that means: if you take the view that claims are due to you in connection with your trades, registering for this campaign is the wrong place for it. Registration is no substitute for a legal review and runs independently of one.
Anyone thinking about changing platform after this experience anyway will find in our comparison of the best crypto exchanges the criteria that matter: fees, trading volume, the selection of tradable assets and the question of who actually holds the crypto assets in custody.
Airdrop and tax: when section 22 number 3 of the Income Tax Act catches your reward
This question arises after the click, and in the German-language web it has so far gone unanswered for this case. What governs it is the Federal Ministry of Finance circular of March 6, 2025 on individual questions of the income tax treatment of certain crypto assets. It deals with airdrops in detail, and margin numbers 70 to 75 contain the rules the tax office goes by.
The distinction that matters
Under margin number 70, receiving additional crypto assets can lead to other income from a service under section 22 number 3 of the Income Tax Act. According to the ministry this applies, despite the marketing character of many airdrops, whenever a service has to be rendered by those interested, in particular through active conduct. Margin number 71 adds: if the allocation depends on taxpayers making data about themselves available that goes beyond what is necessary for the purely technical allocation, that constitutes a service. The ministry reasons that the public key suffices for the technical allocation of an airdrop.
Where the economic connection with a service is absent, margin number 74 allows for a gift, to which the gift tax rules then apply. And margin number 72 names a special case: if, alongside a service, chance also decides receipt, the attribution link between service and consideration is interrupted or overlaid.
What that means for this particular airdrop
The allocation here presupposes active registration in a verified account, and the exchange evaluates your transaction data for it. There is a good deal to suggest that this constitutes a service within the meaning of margin numbers 70 and 71. That is not a binding statement for your individual case, because the classification is made by your tax office, and we are not replacing tax advice here. What is solid, by contrast, is what you can prepare.
If section 22 number 3 of the Income Tax Act applies, the reward is to be entered at the market price at the time of acquisition; that is what margin number 73 says. If no market price can yet be determined at that time, an entry of 0 euros is not objected to. For $LAPTOP a price exists, so this relief does not apply here. What also matters is the exemption limit in section 22 number 3 sentence 2 of the Income Tax Act: income from services remains tax free if, added together, it comes to less than 256 euros in the calendar year. A reward with an equivalent value of around 18 euros lies well below that. The emphasis is on added together, because it is an exemption limit and not an allowance: other service income from the same year counts towards it, and from 256 euros the entire amount is taxable.
Note down, therefore, the date of the credit, the quantity and the price at the time of inflow. A screenshot of the transaction and the export of your account history are enough for that.
After the credit: the holding period under section 23 of the Income Tax Act and selling the tokens
If the allocation is made on the basis of a service, margin number 75 of the ministry circular says an acquisition takes place at the same time. The acquisition costs are to be entered at the value of the data surrendered or the action carried out, with a rebuttable presumption that this value corresponds to the market price of the consideration. The second consequence follows from the acquisition: a later sale can be taxable as a private disposal transaction.
The one-year period applies to private disposal transactions under section 23 of the Income Tax Act. If you sell the tokens at a profit within a year of acquisition, the gain is in principle taxable. After a year has elapsed it no longer is. Added to that is the exemption limit in section 23 paragraph 3 sentence 5 of the Income Tax Act: gains remain tax free if the total gain from all private disposal transactions in the calendar year comes to less than 1,000 euros; up to the 2023 assessment period it was 600 euros.
At an equivalent value of around 18 euros, neither will often be practically relevant. Anyone collecting several such allocations in the same year, staking or lending on top and trading on the side, however, reaches the limits in total faster than the individual amounts suggest. That is precisely what makes clean documentation across all networks and accounts worthwhile.
Does Bitvavo hold a MiCA licence? What the regulation means for your account
Yes. Bitvavo B.V., based in Amsterdam, received authorisation as a crypto service provider under the European regulation on markets in crypto assets from the Dutch financial markets authority AFM on June 27, 2025. Under the passporting principle of the MiCA rules, the company may therefore offer its services in all EU member states without applying for a separate licence in each country. For you as a customer in Germany that means: ongoing supervision of the platform is exercised by the Dutch authority, not by BaFin.
The MiCA licence says something about the provider and nothing about the individual token. What is required includes rules on segregating client assets, on handling complaints and on informing about risks. It guarantees neither that a listed crypto asset will hold its value nor that a promotional campaign is advantageous for you. A white paper drawn up to the regulation’s requirements is likewise no substitute for checking things yourself. Anyone wanting to rely deliberately on platforms under European supervision checks the provider’s entry in the competent authority’s public register before depositing money.
Can I transfer the tokens to my own wallet?
The reward is distributed exclusively in $LAPTOP and cannot be exchanged for cash or another cryptocurrency at the point of distribution. Once the tokens have been credited, you can, according to the exchange, manage them as you wish, that is hold, trade or withdraw them.
Whether a withdrawal to an external address is actually possible depends on whether the platform supports the network in question for withdrawals. You can see that directly in your account’s withdrawal dialogue: if the crypto asset is not offered there for selection, it stays in the exchange’s custody for the time being. Before any transfer, also check the fees and the minimum amounts, because at an equivalent value of a few euros the withdrawal fee can eat up the reward entirely.
For custody the principle that always applies to crypto assets holds: as long as the tokens sit on the platform, you hold a claim against a company and not a key of your own. At an amount of around 18 euros that is bearable. For larger holdings of Bitcoin or other assets, moving to a wallet of your own is the markedly more robust solution, and that is a judgement you should make separately from the airdrop.
How to spot fake airdrop pages and attempted fraud
Every well-known airdrop campaign attracts imitations within days. The pattern is the same in all of them: a website or a message promises the same credit but demands something for it that the real campaign never demands. These features should stop you immediately:
- You are asked to enter your seed phrase, your private key or a wallet password. No reputable provider asks for these, under any pretext.
- You are asked to connect a wallet to an external site and confirm a signature whose content you cannot read.
- You are asked to transfer a fee, a deposit or a tax in advance in order to unlock the reward.
- Registration runs through a link from an email, a direct message or a comment under a post on social networks instead of through your own bookmark.
- Time pressure is built up beyond the official deadline, for instance with a countdown of a few minutes.
The most effective protection is unspectacular: the genuine registration takes place exclusively inside your logged-in account. Additionally activate two-factor authentication if it is not already switched on, and check the sender address of every email urging you to take part. Anyone wanting to guide you through the process by telephone or chat is attempting fraud, because the exchange does not handle this case that way.
Claiming the $LAPTOP airdrop: what to take away
- Check by October 10 whether you reach the threshold. Pull the export of your TRUMP transactions up to September 7 and add realised and unrealised losses together. If the banner is showing in your account, registration is done in three clicks. If you are thinking about switching afterwards, the comparison of the best crypto exchanges helps with the choice.
- Document the credit on the day it arrives. Date, quantity and price decide what you later have to declare, and the 256 euro exemption limit applies to all service income of a year together. The tools from our comparison of crypto tax tools and portfolio trackers take the consolidation across several accounts off your hands.
- Treat the reward as what it is. An equivalent value of around 18 euros does not replace a loss of more than 1,000 euros, and the price can fall further. Anyone not wanting to miss the next date of this kind keeps an eye on the airdrop section, where we collect ongoing campaigns together with their deadlines.
(As of September 19, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
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