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