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Neon wallet crypto currency software#

In general, reputable projects use secure "https" websites. So if you visit an airdrop website and it asks you for that information, you are dealing with a scam. No genuine project will request them from you. The private key and recovery phrase of your crypto wallet should be known to you alone. Submit your private keys/recovery phrase.This type of scam is plentiful on social media. Some airdrop scams will promise to give you multiples of the crypto you send to them. The author of this article fell victim to this kind of scam in his early airdrop years. So if you get a message saying that you won an airdrop, but that you need to send some crypto (no matter how small the requested amount is) to an address, it is almost certainly a scam. No genuine airdrop will require you to pay a fee to redeem your airdrop. If an airdrop has any of these features, AVOID IT.

These fake airdrops come in different forms and will ask for tasks that will compromise the safety of your wallet. However, some scams disguise as airdrops looking to defraud unsuspecting people. So, we have talked about tasks that are common to many airdrop programs. Some airdrops will require getting all the quiz answers correct, others may require a minimum number of correct answers. Participants watch or read short video clips/text about a project after which they answer a quiz. Learn-to-earn airdrops are a relatively new style of airdrops. Airdrop participants are required to subscribe to the project's newsletter to receive the project's news and updates. Participants are expected to retweet a certain tweet, follow a project's Facebook, Twitter, Instagram, Medium accounts etc.

Perform Social media tasks like retweet, follow, like.

In some cases, some projects have announced airdrop campaigns ahead of time for those who would use their platforms. For instance, after 6 months of being launched a new decentralised exchange may decide to airdrop tokens to people who used the platform within the first 2 months of its launch. This type of reward usually comes in retrospect. Some of the common tasks include:īe rewarded with token 'E' for simply holding/staking token 'D'. The duration of a particular airdrop is usually a short period - some airdrops expire within hours, so you will need to make out time to do the required tasks within the validity period.ĭifferent airdrops specify different tasks. To get the juice out of airdrop opportunities needs time, time and time. They may also send you project updates via email. Some projects may require you to supply your email address which they may use to notify you if you win. To take part in airdrops you would typically need a Twitter, Facebook, Telegram etc.

Neon wallet crypto currency software#

If downloading a software wallet from Google Playstore for example, avoid downloading clones.Ĭrypto projects often require airdrop participants to use social media platforms to promote the project. A word of caution: whichever type of wallet you use, ensure they are reputable. The wallet could be software-based or a hardware wallet. You would need a crypto wallet to receive and store your airdrop tokens. Most airdrop campaigns will request your wallet address. You would need an Internet-enabled smartphone to find an airdrop and take part. The basic things anyone interested in airdrops should have include: For this economic reason, thousands of people seek out airdrop opportunities daily. Generally, a huge percentage of the community who receive them quickly sell them off. Many airdrop tokens already have a market value at the time of distribution.

On the other hand, the popularity of airdrops also stems from them being a source of passive income for members of the crypto community.