Everything you need to know before you start hunting for Crypto Airdrops!

[God Of Thunder]

Hi There!

Once again, the crypto airdrops are on its pick and people are making a lot of money out of it. I have been doing airdrop farming lately. But since I wasn't doing airdrops before, I had to face some difficulties and I believe others could have the same issue when they are going to start farming airdrops.

What are crypto airdrops?
Google or AI can give you the best answer. But, I will share I know. New platforms such as DEX, CEX, and even web3 social websites, and lending services offer crypto airdrops to their early users to increase engagement. New coins that are going to be launched on the market offer crypto airdrops as well.

Why do those platforms give away free money?
To explain this, I will have to categorize the airdrops as well.

#Social Airdrops: Even though it looks like they are giving it for free, it's not. Not all airdrops are the same. Some of them ask their users to do some simple social tasks such as joining their discord servers, following their Twitter, and retweeting their posts. However, the success rate of social airdrops is very low.

#Beta test Airdrops: Some other platforms ask their users to test their services and users can earn some points by doing those tasks. For example, If a dex is going to be launched, they will require you to swap some testnet tokens, provide liquidity, withdraw liquidity, take faucet, etc etc and they will give you some points based on your activity. Later on, they may reward their beta testers.

#Investment based Airdrops: Mostly this is done by new cryptocurrency teams. To participate in this type of airdrop, you have to invest real money. Most of their tasks are like providing liquidity and participating in their ecosystem by doing various activities. The most recent airdrop was Blast.io (An ETH layer 2 blockchain).

#Telegram Mini Apps
This is the most Hyped thing this season. A couple of projects have been launched on Telegram already and people make a lot of money out of it. NotCoin is the project of this year. There are a lot more projects that are ongoing which is completely investment-free. All you have to do is, complete some social tasks and earn points. Some worthy projects to mention are Blum, Hotcoin, memefi, and Yescoin.

What do you need to start doing Airdrops?

1. A laptop or Desktop, or a Smartphone. (If you use smartphone, make sure to use Kiwi or Mises browser)
2. A couple of dedicated Web3 wallets (metamask, rabby, rainbow)
3. Dedicated social media accounts (Telegram, Discord, Twitter, Reddit, and Gmail)
4. Testnet tokens on a couple of networks.
5. Real crypto on multiple chains for Gas fees.

What you should avoid?
You always should use dedicated social media accounts, dedicated Gmail, and wallets as well. So, even if you do something wrong, you never get harmed. Do not connect your wallet to untrusted websites. Do not click on links that were shared on Twitter.

Note: I am posting this thread now. But, I will update this thread from time to time as soon as I get some other points that should be mentioned.
Link to My Crypto Airdrop Update Thread: Airdrop updates by Learn Bitcoin
This was posted here as well.

[SmartGold01]

Hey learn bitcoin I understand your post it shows how to classify airdrops how and which they can participate especially that of security aspect which they need personal device and not to associate their real account, wallet or any other real information to airdrops page or form to avoid being hacked or scammed. You know lot of people do not understand how airdrops works and I think they should have basic knowledge from here.

[MUGNIA]

Linking a random wallet is very vulnerable to hacking and loss, so this is the most important thing that beginners who join via airdrop must know, because there are many incidents of loss just by linking a wallet to someone's referral link.
and also when making an exchange you should also be careful and check that the router that is connecting is not just swapping

[Vx1]

For a beginner, this post is very helpful, because by reading it we will know what we have to prepare before participating in the Airdrop. However, what is no less important when participating in Airdrops is to be patient and consistent, because not all Airdrops are legit. 
Sometimes there are even many SCAMs, so if we are not patient and consistent, then I can be sure that your participation in the Airdrop will not produce anything.

[milewilda]

For a beginner, this post is very helpful, because by reading it we will know what we have to prepare before participating in the Airdrop. However, what is no less important when participating in Airdrops is to be patient and consistent, because not all Airdrops are legit. 
Sometimes there are even many SCAMs, so if we are not patient and consistent, then I can be sure that your participation in the Airdrop will not produce anything.

It would really be just that a waste of time if you would really be trying out to deal with those shit projects and ends up with those endless promises about being listed on exchanges.
As an airdropper then you should really be that making  yourself that be accepting the risks. Yes, its free money and could be obtained without any investment or money that would be pulled into your pocket but we do know that work that had been done and the time spent isnt something that would be free or simply this is what you are risking into.
It would really be just that sad that you would really be ending up on dealing on something shit but well its just that part.

[taufik123]

Linking a random wallet is very vulnerable to hacking and loss, so this is the most important thing that beginners who join via airdrop must know, because there are many incidents of loss just by linking a wallet to someone's referral link.
and also when making an exchange you should also be careful and check that the router that is connecting is not just swapping

This is often the case and many even lose their assets due to linking to new dApps that are unknown and end up being hit by a Drained wallet.
It's a kind of dApps trap that will take control of your swallow with bots ready to retrieve all the assets in the connected wallet.

To deal with something like this in an airdrop, use a completely new wallet and not your personal wallet to store assets.
A new wallet will save you from a drained wallet attack and some new tokens or foreign tokens sent randomly are also traps that will be harmful to your wallet.

[Crwth]

Thank you for sharing this. I hope you manage to clarify that the things that you should avoid is to create a separate wallet and a separate email for airdrops right? Because sometimes if you use your personal or your dedicated account, maybe it will not be Safe for your wallet or something.

I am quite new to it as well, and I just think that you should just use the product or something what they are trying to offer and then hopefully they reward you for it.

[vegasus]

So basically, the thing that must be paid attention to when participating in an airdrop is to still pay attention to security, whether it's the security of our social media and especially our wallet. Yes, because after all, scammers and hackers are everywhere and always around us to take advantage of our negligence. Separating the main wallet and the special airdrop wallet is very necessary and important. Hmm, this is a basic thing that is sometimes often overlooked.

Oh yes, what I often don't understand is how to see and analyze whether certain airdrops are really legit or not. Or is it often just luck?

[yhiaali3]

I tried the first type of airdrops, “social airdrops”. I participated in many of them and sometimes received good amounts, but often there were many worthless ones.

I have not tried the last type, “simple Telegram applications”, although it is very popular these days due to some restrictions from the Telegram wallet, which block my country. As you mentioned, there was recently a very popular airdrop for the NOT coin, but I was not able to participate. Currently, there is a similar airdrop about Hamster Kombat, where There is a buzz about it on Telegram that it might be similar to Airdrop NOT.

[0t3p0t]

You should also avoid using VPN on airdrops because if your IP is detected being on different countries and changes a lot in a specific time your application might be denied and your stakes and points will not be counted. This happens to me as I forgot I used VPN with other apps and didn't realize I am doing airdrops at the same time and yeah after few weeks or moths of doing airdrops all of my spent time and effort were wasted because it was detected by the platform.

[God Of Thunder]

Thank you for sharing this. I hope you manage to clarify that the things that you should avoid is to create a separate wallet and a separate email for airdrops right? Because sometimes if you use your personal or your dedicated account, maybe it will not be Safe for your wallet or something.

Exactly. No one should use their main wallet address to farm airdrop. Because you never know what is going to happen. Another important thing is the source of the airdrops. If you find some airdrop info on social media, please do not join them. Because you do not know the person who shared it. Possibly they are scammers who are just trying to steal people's money. It is recommended to join a Telegram channel that posts legit airdrops and airdrop updates. For now, you can follow my thread which was linked in the OP. I have a telegram channel as well and you guys can join if you want.

My Channel: https://t.me/airdropsbrobd

[libert19]

Are you not forgetting retrospective airdrops? Where airdrop is not announced beforehand, but project may decide to do so later down the line. The eligibility may include the wallets/social media accounts that interacted with project earlier.

Like Uniswap rewarded with $UNI to wallets that interacted with uniswap exchange and traded minimum value of $20.

Or the Ribbon exchange (now Aevo), rewarded to people active on their discord.

[Crwth]

Thank you for sharing this. I hope you manage to clarify that the things that you should avoid is to create a separate wallet and a separate email for airdrops right? Because sometimes if you use your personal or your dedicated account, maybe it will not be Safe for your wallet or something.

Exactly. No one should use their main wallet address to farm airdrop. Because you never know what is going to happen. Another important thing is the source of the airdrops. If you find some airdrop info on social media, please do not join them. Because you do not know the person who shared it. Possibly they are scammers who are just trying to steal people's money. It is recommended to join a Telegram channel that posts legit airdrops and airdrop updates. For now, you can follow my thread which was linked in the OP. I have a telegram channel as well and you guys can join if you want.

My Channel: https://t.me/airdropsbrobd

If you main wallet is A hardware wallet? Wouldn’t it be enough security to be used with different kinds of airdrops? I know there are password Phrases that could Give you a different wallet entirely (for Trezor) This is within my experience I am not sure with other Hardware wallets.

If you have also some kind of protection like pocket universe to know what you are doing when signing.

[Roseline492]

So basically, the thing that must be paid attention to when participating in an airdrop is to still pay attention to security, whether it's the security of our social media and especially our wallet. Yes, because after all, scammers and hackers are everywhere and always around us to take advantage of our negligence. Separating the main wallet and the special airdrop wallet is very necessary and important. Hmm, this is a basic thing that is sometimes often overlooked.

You are right because for those who specialized on airdrops should have it in mind that for there security reasons they need to create a separate wallet to be use only on the airdrops because using there main wallet is very risky and just like you said scammers has also step up there method of hacking people so to be on a very safer side having a different wallet will be advisable because if something happens to it the main wallet will not be affected.

So actually security is one of the major things that should be considered and not just the wallet but also on our social media accounts because there are some airdrops during the participation they will ask you to share some of there things on your social media and sometimes after clicking on the thing they will ask you to authorize your Facebook access and if you are not careful you could be hacked.

[Aanuoluwatofunmi]

Hunting after airdrops could be interesting if they are rewarding and we see the desired and expected result from them as our own achievement, but sometimes the reverse id the case, many loose trust in some of these offers because they appears to be a waste of time and efforts, but nevertheless, we cannot take it for granted that all are not good, we could make a good chase on any one that best got the satisfied result.