#AirdropSafetyGuide Basic Cryptocurrency Airdrop Safety Guide

Cryptocurrency airdrops can be a way to receive free tokens, but they also come with significant risks. Here's a concise guide to staying safe:

What Are Airdrops?

Airdrops are distributions of free cryptocurrency tokens, usually to:

- Reward existing users

- Promote a new project

- Distribute governance rights

- Create initial token distribution

Key Safety Practices

Before Claiming

- Research thoroughly: Verify the project has a legitimate website, social media, team, and whitepaper

- Check official channels: Only trust announcements from verified project accounts

- Be skeptical: If it sounds too good to be true, it probably is

- Never share private keys: Legitimate airdrops never require your private keys or seed phrase

Technical Safety

- Use a separate wallet: Create a dedicated wallet for airdrops to isolate potential risks

- Check smart contracts: Verify contract code on block explorers before interacting

- Minimal permissions: Only approve the specific actions needed for claiming

- Watch for phishing: Check URLs carefully and use bookmarks for important sites

Common Red Flags

- Requests for private keys or seed phrases

- Unrealistically large rewards

- Pressure to act quickly

- Requests to send cryptocurrency first

- Suspicious or unprofessional communications

After Claiming

- Monitor wallet activity: Watch for unusual transactions

- Revoke permissions: Use tools like Etherscan or Revoke.cash to manage contract approvals

- Be cautious with new tokens: Research before swapping unfamiliar tokens