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Unlocking Crypto Airdrops
Test your knowledge on crypto airdrops and learn how to maximize your benefits from them.
What is the difference between a hard fork and an airdrop?
A hard fork is a method of trading cryptocurrencies, while an airdrop is a marketing strategy.
A hard fork is a change in the protocol of a blockchain, while an airdrop is the distribution of tokens.
A hard fork and an airdrop are the same thing, just different terms.
A hard fork is a type of airdrop that occurs when a new cryptocurrency is created.
What are the potential risks of participating in a crypto airdrop?
Guaranteed profit
Loss of personal information
No risks involved
Immediate liquidity
What is a crypto airdrop?
A type of cryptocurrency exchange
A security breach
A free distribution of tokens
A method of mining
Why do companies conduct airdrops?
To reward loyal customers
To promote their project
To increase their market cap
To create scarcity
What is typically required to participate in an airdrop?
No requirements at all
Joining a mailing list
Paying a fee
Holding a specific cryptocurrency
What types of cryptocurrencies are commonly distributed in airdrops?
Utility tokens
All of the above
Security tokens
Stablecoins
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