Avoiding Faucets and Airdrop Scams

[MusaMohamed]

Also, watch out with scams in general: https://chainsec.io/scams

Scammers and Phishers: Rugbulls and airdrop scams
Airdrop scams explained
8 ways to check if it's a token scam

Check honeypot scam tokens
https://honeypot.is/
https://honeypot.is/ethereum
https://github.com/dappradar/tokens-blacklist

[Outhue]

I expect this to keep happening because each and every day, crypto keeps getting popular and we will keep seeing newbies in crypto space, those mistakes that people like us have made in the past we still be repeated by newbies and there is nothing to make it stop.

This is why some beginners believe that crypto is scam, as there are too many unsafe steps anyone can easily take in the crypto space.

Airdrops and Fauctes are not even making money anymore I don't know why people are going this route in 2023, it's over for Airdrops and giveaways, you will possibly end up getting scammed if you follow this route.

Zealy is the only legit airdrop website that still pays right now but the payment isn't even worth your time, the last airdrop I joined was SuiSwap off this website, and after all the daily points gathering they gave everyone 1000 tokens and the value is 0.0002$, how is this profitable? The only thing still left that's worth your time is testnet activities and also not all will pay their testers.

[Porfirii]

Remember, nothing in life comes truly for free. If you stumble on offers that seem too good to be true, proceed with caution or, better yet, stay away altogether. We're here to share knowledge, protect one another, and avoid stories that break our hearts. Let's all be smart in these times. Cryptocurrency can be a rewarding journey, but only if we navigate it wisely.[/left]

There is one single way or lets call it method that you can apply to avoid Faucet and airdrop scams; and this is by making a new wallet for testnet faucets or airdrop events. And with Metamask wallet; it is easy to achieve this. Study my breakdown.

1. Download Metamask
2. Create first wallet and get the seed (securely kept), you can name this wallet main wallet.
3. Create second wallet, name it testnet wallet and use it for testnet events to claim faucets and conduct other tests
4. Create third wallet, name it airdrop wallet, these wallets can be used if you fill different airdrop forms or you participate in telegram bot airdrops etc.

NOTE: Dedicate metamask for such activities, you can get trust wallet or safepal as your Main Wallet to store funds, or you can get hard wallets!

You don't need to worry so much about the private keys; with your seed phrase, you can get back your multiple wallets. Or, you can store private keys for each wallet.
Keep it simple always!

It is, indeed, a good practice to use different addresses for different activities, not only because if there is any problem you don't have all the eggs in the same basket, but because this way nobody knows your exact balance, which is valuable financial personal information that can be only tracked if blockchain is involved (because nobody knows how much money you have when you pay for something with cash, card or wire transfer, but they do when you pay with crypto). So, for increased security, I'd recommend to use a different address not only per activity, but even per transaction, when possible.

[hugeblack]

I think you have confused the concept of faucets with Airdrop, you do not need to link your wallet to get any profits from faucets, and even in the case of Airdrop you can link a wallet with zero transactions.

In the case of faucets, you may be scammed by making you watch a lot of ads and then not be able to withdraw your profits, or the links you visit to watch ads may contain malware or mining viruses running in the background.

Airdrop You may need to link your wallet, and here you do not need any currencies to that wallet, so you can link an empty wallet.
In any case, the opportunity to achieve a good income from these methods is almost impossible, so look for other options.

[Ojima-ojo]

Scammers are taking advantage of our stupidity. Mostly greedy and new crypto users are falling into the airdrop trap. They are submitting their private keys for tokens, which are worthless. Many threads have been raised to protect forum users from such scams. But still, we are hearing about airdrop scams. We have to keep in mind that nothing is free in the world.

I was having a reflection on the boards i have not visited in a long time in this forum and that is the bounty section, i dont think i ever visit that board again after the first time i visited a long time ago, and from the spam fiest that is happening there i dont think any serious person will take anything coming out of that place serious.


I have never taken part in any airdrop of bounty before and i don't have the intention to do so in the coming future because I am already aware of the risk and vulnerability that I can encounter from engaging in any of the offers in that board.

[Viscore]

I often see a lot of advices telling people not to fall for airdrop scams that serve too good to be true, but I think some people do not still learn from other people's mistakes and losses. Most especially for newbies as they have unstable emotions towards airdrops and when these scam airdrops create huge profits promises, newbies will definitely bite that offer and end with regrets.

[icalical]

Faucet and Airdrop is free money scheme that will be very attractive especially for newbies, and it's indeed one of the easiest way to lure new comers and people who are hesitate to use their money to understand and experience owning Bitcoin, but they really want to have Bitcoin, and most of those people will be easily lured and then end up stealing their data.

For newbie or anyone who are still hunting for airdrops and faucets, I wouldn't say that all of them are worthless scam, but finding an actually worth of your time will be like trying to find needle in a haystack. You will need to do an extremely long time research.

[Broadanbig]

I think I came across that particular thread you are mentioning here where a senior member on this platform was begging for help to recover his lifetime savings he had accrued over the years and converted into Crypto. The hack was as a result of him connecting and approving access to an airdrop site he met online and virtually he lost his funds to hackers and came here crying of committing suicide. Although it is a sad experience but wisdom is profitable to direct. How does it sounds you using your main and major wallet with huge amount of funds for su cc h a dirty Play. It's unreasonable and stupendous.

I would advise that members here both old and new avoid such airdrops and faucets. Of you must take part in such, then you should create a new wallet for that exercise and do not make the mistake of trying to link it to your major wallet.