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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?
No requirements at all
Holding a specific cryptocurrency
Paying a fee
Joining a mailing list
What are the potential risks of participating in a crypto airdrop?
Loss of personal information
Guaranteed profit
Immediate liquidity
No risks involved
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 type of airdrop that occurs when a new cryptocurrency is created.
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.
A hard fork is a method of trading cryptocurrencies, while an airdrop is a marketing strategy.
What types of cryptocurrencies are commonly distributed in airdrops?
All of the above
Utility tokens
Stablecoins
Security tokens
What is a crypto airdrop?
A security breach
A free distribution of tokens
A type of cryptocurrency exchange
A method of mining
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