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