The dangers of Airdrops and how to avoid airdrop SCAMS  

Nerlita Lucero

Airdrops 3 years ago
1 QCP
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What is Airdrop?
system for cryptocurrency startups to promote or publicize their new token by dropping little amounts of free crypto to individuals who register through Telegram, Google form, or directly to their particular website. Qualified individuals may get additional crypto by referring to others using social media, community campaigns, and the like.

Where to find Airdrops?
Here are top 5 websites for Airdrops according to coincodex.com;
1. Airdropalert.com
2. Airdrops.io
3. Airdropsmob.com
4. Bountiesalert.com
5. Airdropbob.com

Airdrop Scams
Usually, the scammers trick the users into providing their information such as their social media info, email address and wallet address. The information is then either sold to a third party or used for phishing. And trust me, you don't want that.

Scammers are proliferating on the web most especially in telegram. The best way to avoid airdrop scams is to register to legit airdrop websites such as the ones mentioned above.


The risks of participating Airdrops (DOs and DON'Ts)
1. Airdrops that require KYC (Know your client/customer) can utilize your identity such as your nationality, ID, email address, etc. that can be very useful for identity thieves;
2. If you are required to deposit an amount of crypto for so-called verification, RUN;
3. Create a wallet solely for airdrops to avoid losing hackers from stealing your coins/token;
4. Never share your private keys. Your private keys are the doorway to your treasure chest, keep it secured.


I hope this little piece of information about Airdrops helps minimize if not eradicate the risks of losing your coins or tokens.
  • Airdrops
  • Scam-busting