#AirdropSafetyGuide The airdrop is a method of distributing tokens for free to eligible users with the aim of expanding the user base, raising awareness, and encouraging trading. However, not every airdrop is safe, and it's important to recognize the warning signs and protect your assets.

Warning Signs

A domain that resembles the official one but with a different letter or dot, or an expired SSL certificate.

Founders with no digital history or unreliable LinkedIn and GitHub pages.

Suspicious contracts: Contract address not available on Etherscan or very few transactions.

Unjustified approvals: An unlimited Approve request that withdraws all assets.

Verifying Project Legitimacy

Check the number of transactions and user interactions on Etherscan, and look for Audit reports from known entities. Review user opinions on Telegram, Twitter, and Reddit, and follow developers' accounts on LinkedIn and Twitter. Read the Whitepaper and roadmap, and ensure there are clear technical details.

Common Scam Methods

Rug Pull where founders take the liquidity and disappear.

Phishing Airdrop fake links asking to connect the wallet.

Fake Approvals steal all assets after granting permissions.

Pump & Dump inflate the price and then suddenly dump.

Example where I avoided the operation

A project requested a Swap with a fee of 0.0001 ETH, but the domain was unofficial and the contract was not available on Etherscan, so I did not participate.

Always use a separate wallet for airdrops, set the Approve value, and use Revoke tools after transactions. Monitor Audit reports before participating. Set gas limits to fail fraudulent transactions.

Good luck #AirdropSafetyGuide