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