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I was juts scrolling through Binance new and I saw an airdrop from Pepe coin worth over 1 million dollar and I clicked on it to see how I can participate in this amazing airdrop as I read through i saw that this airdrop to participate in it I needed to send them a tip and I was wondering if Binance now promotes scam or if this is ledgit, does anyone have experience with this or should i bail.

Doesn't seem like something legit, I don't remember when airdrops required you to send tips. Where exactly did you see it, in the Binance app?

Maybe sharing the direct link or at least screenshot will do? because i don't seem to remember or find anything in binance that ask tip first? have been using binance for years now but did not find such a way , or if there is better to report this in the team so they can act on it , sometimes there are bad elements that may have been abusing the chances and system.

A genuine and legit airdrop would the ask you to do some task, they will never ask you for any money. If you are talking about the tip button on Binance then it is not compulsory to tip the creator unless you like the content and want to tip him.  

https://www.talkimg.com/images/2024/03/14/JuXzc.jpeg

I've never heard or seen Binance do some kind of airdrop with money to spend, maybe you could attach a link to the page you're referring to so we can confirm it. What makes the most sense IMO is that you find this info on Binance Square which is another product of the Binance Exchange, Binance Square is the same as Medium where you can create articles about anything related to crypto. And you need to know that whatever the creators write there, it doesn't represent Binance.

I know that binance cannot showcase some kind of things in the market, if you can share the link here , I think it will be very easy for other investors to know if binance have started displaying some projects that will not allow their investors to make a good income in the future. Don't forget that scammers can create website to use some other company names just to draw the attention of other participants to join their projects, and they will not be happy with what they will experience at the end of the project. I will advice you to check other projects that you are very sure to invest your money because if you make your choice and go ahead to invest in that project, you will lose your capital.

I do not think that is how binance's airdrop works. You have to deposit or stake on their launchpool or vault for you to become eligible with any of their airdrop.

I cannot find that one on my Binance account, maybe it is just for some users if it is for real. But just to become eligible about tipping for their airdrop, I really do not think that it is a genuine way of counting participants as eligible for it.

Please put the link here or other details for us to see if it is real or not or likely a scam.

Well I do wanna helps how it works but I cant joined the airdrop process due to my region is restricted from participating. Too bad but I think the process is quite simple. Binance release airdrop that has simple task and many users can join on that so I think the airdrop isnt worth that much considering that many will join the activity.

I agree that if the OP can share the link of this project that he's talking about, then it can help us to understand better if it's a scam project or not, because without being specific, we'll just be in the dark and keep on guessing. I've never heard of an airdrop that'll ask you for tips first before being eligible, they'll give the perticipants tasks to carry out, also Binance is a reputable exchange and they'll not list a project that'll tarnish their image. So it still comes down to the OP being specific about this project, let him share the link.

Binance has been one of the reputable exchange such that thinking may they are now promoting scam can be very misleading probably ops misunderstood what he saw of which am also in support that he should share a link or picture of what he is talking about so that he can get a better response too as regards to his curiosity, and am likely saying that we should be very careful with some kind of post we are making too .

Well I have done many of the air drops and got many coins they did not make it worth it. So many of them are worth no btc you cant even sell them on the exchanges.
This does not look real for me. For me the reason for the air drop is to get free coins. Not to have to pay someone to get those coins.
I would not do something like this. I think even if it is for real it is not the right hing to make us do to send money for a air drop.

Be careful with spreading words like this as everyone sees binance as a reputable name
and it would be such a shame to see it crumble and its credibility questioned
because of some misunderstandings.

First of all, the airdrop seems so fake. I don’t think there is any airdrop that will
give off something worth a million dollars. I can not think of any benefit it would do
the project.

Please do check the app properly and confirm if binance is truly promoting such projects

This is really difficult to explain. Binance would never promote any scam project neither allow cyber hackers to penetrate their system. Airdrops are free, if there should be anything to be done its just some few task like survey and sharing their project on social media for more people to know about them. In this case i will not conclude that this is scam yet. Since its coming from binance direct, but ill also not advise to send them a tip. Look for other free airdrops that are legit and avoid this one. There are so many airdrops out there it is not criterion you should participate in this one.

seems to make sense. it would be hard for a project to emerge since more people are going to sell this project every time the token pumps a bit. but i saw they did an airdrop of tokens worth $1M.  

what OP is referring is probably the old airdrop. i don't know why he wouldn't share the link here when anyone could actually see it from binance when searched.
whatever airdrop is there as long as it doesn't cost anything, i think everyone will want to participate. who knows the token could skyrocket right when its listed.

If this is what Op is pointing then indeed tip is not mandatory instead it is given on your own  choice , am not sure where or what OP is tending to ask here because he did not give any screenshot about the said issue but i believe that  if ever this is inside Binance ? then this must not be inside their site because of not so good to their platform having asking tip before anything goes.

I know Binance is one of the best exchanges currently.  Usually airdrops are carried out for free and without fees from users.  To join we are only asked to do a few simple tasks and we get several points from our work.  It's possible that you followed the wrong link so you might have visited a scam website or something similar.  I wanted to check it on Binance but unfortunately my region protect me to visit it.  Please send a screenshot and URL to the airdrop link you mentioned, so we can check it together. I think you should not send any fee for this unusual moment.

That's the problem, this is the reason why people don't believe in the so called airdrop, imagine asking for tips in the onset, with what I know airdrop is been done for free so any inventors asking for money should be regarded as a pure scam.
But what I don't understand in this case is if binance can allow themselves to be used to perpetrate scam, though exe changes are capable of doing anything and they pretend a lot, but people wanting to part of airdrop should be careful of this projects everywhere.
Many scammers are out there looking for whom to rip off there funds but one thing is sure, if we can stay out of this free stuffs we will be free from scams in this business.

Op seems to be talking about binance new(s), which at least used to be something that anyone can post to, and it looked like official news feed. People were using it on misleading marketing so, i am assuming because of that they turned it to their personal new social media platform like "twitter" called "Binance Square". So either OP is speaking about that and saw some content creator who is a scammer posting something, or op is using a wrong phishing url for binance.

So it's not binance that's scamming anyone, but when newbs hear that binance isn't scamming, they tend to trust on anything that can be accessed from their site or has just a binance logo.

Newbs are easily confused, as binance has always been very confusing exchange with too many moving parts. And falling for scam replica site wouldn't be that hard stretch.

And i can't believe if i have to actually say this out loud but anything saying "1 million dollar pepe airdrop" should be obvious sign of scam.

If you search Google for a cached version of the Pepecoin profile on Binance Square, which is a curated newsfeed on Binance, it does show that they were offering an airdrop to people who tip them. However, the live version (https://www.binance.com/en/square/profile/pepecoin) shows a 404 error. Maybe the Pepecoin team’s account was compromised or maybe Binance accidentally gave the profile to one of the other tokens also called Pepecoin and they turned out to be a scammer.

Are you trying to say that to qualify for the airdrop, you need to give a tip? It seems like this isn't a legitimate airdrop because they're asking for money. In a genuine airdrop, you typically just need to complete a task to promote their project, and in return, they'll give you the airdrop. If what you're saying is true, it's better to just avoid or ignore the airdrop because it's likely not legitimate. Binance is known as a respected and trusted exchange by many, so it's possible that scammers are copying the binance website, and the website you opened is likely a phishing site.

First make sure the Binance site uses SSL and states that it has a valid site certificate.
because many phishing sites are found which are exact copies of the main website. Moreover, Binance is the largest crypto market in the world. So it is very possible that many fraudsters use this method to deceive their victims.

For me, I feel it's not genuine or legit though most airdrop usually ask
or request for some small small things but I can't actually tell for sure that it's not legit rather, that's what I feel. If what they are asking is not compulsory you can skip it, like I said earlier there are small small thing they use to ask of, check those small small things and fill up but if you think they can't scam you with the tip no issues too.

It’s a scam. That’s how I have programmed my mind. If something looks too good to be true, I see it as 99% scam. The remaining 1% is benefit of doubt. Are you sure you did not see this on Binance Square? Because that’s where people make post of whatever they wish. If you saw an announcement by Binance themselves then it’s definitely 100% legit.

Honestly, I have never participated in this kind of exchange airdrop. but if you are in doubt you don't need to participate in it, and if you think this is a scam you don't need to participate in it. Moreover, why do you say this is a scam? Is it because the prizes given are meme coins or because of the conditions for participating in the airdrop?

Probably you've seen this on a post that's below the home page of the app. I mean if you scroll down further more, you will see some posts coming from different people. It's like Facebook where you can make a post there but now it's being done inside an exchange.

As for the "airdrop" that you saw, I'm thinking that it's a scam that you can easily avoid with. I mean why will you give money to somebody that you isn't sure if they will really airdrop the tokens. As for Binance tolerating this, they aren't promoting it because they can't control what others are doing... or they can since it's their exchange. Whatever the reason is, scammers will do everything to attract newbie investors. Just avoid this OP.

One thing more is that, it isn't amazing at all especially if you will give a "TIP" to them. :D

I didn't found the news article you mentioned and it have been a month so that could have been buried under posts but in general, what we must understand is Binance news articles are created by normal users like you and me and that has nothing to do with Binance. You can compare it with this forum. There could be too much scam attempts, there are some degree of moderation but it could take time or totally be missed by moderators. Everything you view should be taken in consideration and researched by yourself. Something too good to be true are generally not.

Indeed, if you feel that way then better not to participate first of all if you don't trust whoever offers it then you are just
wasting your time and your efforts in case you join on it.

Plus, if you think it's just a scam then you are only risking yourself, better to stay away and not to participate.

Just curious if what's the reason why he thinks it's only a scam, what's the basis of his claim?

Actually airdrop is one of the best and easiest way to get free tokens but let's discuss how the value of those tokens will be. There are hundreds of tokens sitting in my wallet that i got from airdrops but no value waiting to be sold. However currently there are different forms of airdrops where you can complete a lot of tasks and get paid 1-2$. Moreover most of the airdrops seen from social media are fake and a difficult step for scamming.

You need to be extra careful since airdrops are really showing from side to side and it's difficult to determine whether the project
will give some decent amount or it will be just a waste for you.

No one really can conclude since there are some who manage to make money by just doing this kind of offer and be lucky to
take part with those who really sharing some decent amount.

Though there are some and there are lots who will just try to scam you and chance to hack your wallet better to review
all the possible resources before continuing.

I don't know of any such airdrop promotion but if you could share that link it would be worth learning. As far as I know there is no such scam being promoted in Binance but it is not promoted by Binance or someone else got the news if there is any source there would be a good solution to this issue. But for those who regularly participate in airdrops, airdrops carry deadly risks. As much as possible one should not join airdrops without a legit project. Currently there are a large number of airdrops coming and taking all of the customer's money through fraud. Keeping yourself safe requires having a good sense of what is legit and what is not.

i am more distrustful of this post because an exchange as big as binance would not promote such a thing. You should explain in more detail about the airdrop or you should include a screenshot in your post because there is a high possibility of misunderstanding the terms and conditions of the airdrop. I have been using this exchange for 5 years and in my opinion Binance is the best and most trusted exchange. Apart from that, I have never seen Binance promote anything suspicious like what you mean.

I have a binance account and I don't see this kind of airdrop. People should be aware of the scams that are too good to be true. Please do not believe in a lie that you're seeing because they look legitimate. And with such an amount, you're required to pay.

I check in the history of my finance account and I don't see anything like that. Maybe some copy cat of Binance he's opened and thought it was real.

It's probably a marketing trick, it's worth a mil yes, but it's distributed over across every participant in the airdrop, which can easily number to over a million in most cases, so most people wouldn't be getting that much. You'd be lucky if you got something over $50 really. As for it being a scam, if it's free then yea most likely. If it's not, and you gotta do something, I'd believe it isn't. In general I try to avoid getting stuff downloaded when it comes to airdrops, if it were to say, tweet something, do a survey or whatnot sure, scam or not you'd honestly be safe imo, but if it includes putting something inside my computer from the internet, pass.

You are right, the rewards of a project are tempting, so much sweet news that many airdrops are legit with a large amount and easily become an attraction, everyone who hears will try to learn, unfortunately there are many scammers lurking from various aspects. some do not pay from rewards, especially TGE, there are also other criminal attacks on the wallet. I research only a few dapps that I am interested in. Unlike if there is an event like cex (binance/bybit) I think it is safer, and the rewards that can be obtained are usually reasonable. It's better to be reasonable with what is offered unless DYOR with new dapps is a risk and choice.

To be honest, I have never participated in an airdrop held through Binance, but one thing that we can use as a benchmark for whether it is a legit airdrop or a scam is when there is an order to send money, no matter how small, the money must be sent, even if the reason is for the network fee that's not normal, because as far as I know, a legit airdrop is just telling participants to do certain tasks instead of sending money, I mean if you want to get money for free you shouldn't have to send money first because that's already suspicious, so be careful because many fraudsters take advantage of this opportunity to gain profits in ways that are not usual to get airdrops but because airdrop hunters are not careful or are too greedy to get money so they don't try to find out first.

If people are being fooled like this then maybe scammers are becoming too good.

Maybe op saw an ad somewhere and thought it was legitimate. Let us practice literacy skills and put them to good use. In such times where fake news is prevalent, let us be more aggressive in fighting them instead of trying to spread them. A little common sense will have you thinking about whether this airdrop is legitimate or not.

Not everything on the internet is real and we should not contribute to the spreading of said fake news

This is not an airdrop from Binance since there’s no way Binance will create an airdrop that requires tip from participants.

Recently, Binance already have the feed feature which any user can publish post such as this scam airdrop to lure people on participating with this scam airdrop. Binance feed is full of scam post which Binance doesn’t moderate.

Binance feed is like social media but of the post there is not reliable because scammer is using it to scam compared to the actual content creator sharing valuable post.

As far as I know, if you want to take part in the airdrop, you don't need to give any tips. If I find it, it's better for me to skip it and not participate in the airdrop project, be careful with fraud because there are many ways for fraudsters to get your money

Yeah you must have seen that airdrop post in binance feed and not in the official binance page. You can find lots of such nonsense and scam things in such feed. Anyone so called influencers can create such posts. Don't fall into it. You can also find such things in twitter too. If binance conducts such event officially, they would do/send it directly into your binance account if you were eligible by holding funds there.

Hate to admit it but they've been good to the new ones, they're ignorant and no idea how their tactics are being done and that's why they're always the ones that are prone to their scamming. What we can do is to remind them to be vigilant at all times because there is no one that can help us but each other and applying what we've learned from the others. While there are so many airdrops nowadays, that's also another advantage for them to ride on to have more victims.

Of course we also have to be careful because the publication method is chained and can enter quickly into all existing grop telegrams either from themselves or us who accidentally inform others that it is very legit using our referrals.

Usually, if it is legitimate, there is a notification from Binance's own web and it is explained clearly and not confusingly for those who follow it whether on twitter or its official Telegram channel.