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