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Author Topic: Are airdrops safe?  (Read 9425 times)
princerepon
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August 18, 2019, 03:23:58 AM
 #221

The way they usually work is they give you some string and you sign it to prove you own the address.

Could a malicious air drop make a transaction sending all your BTC to them, and then you sign it, and then they broadcast it to the network?
Or is signing a message different than signing a transaction?

Personally i avoid Airdrop. And it's safe or not it depends on couple of things actually. Like project, team members, why they are giving you free money, unexpected amount of coins/tokens etc. I really don't remember when i participant an airdrop. Maximum airdrop offering 5$ or 10$. I don't get into it if they have no bounty campaign. And i avoid those airdrop which offer 50$ or 100$ or 200$. Because just think why should give you someone such free money for just a retweet and subscribe some channels.  Wink Wink
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 18, 2019, 04:26:47 AM
 #222

I really do not have the time to fill or sign up for airdrop , one of the things that discouraged me was the reward, some could be safe and shouldn't request for money or private keys but note that some links or sign up forms are fake.

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Winscosinally
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August 18, 2019, 04:40:31 AM
 #223

Airdrops are safe if you join them through good sources,most scam airdrops are from twitter,you should stay away from any airdrops from twitter and have a separate email for airdrops because of spammers,you will start getting messages from spammers if you start joining multiple airdrops
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August 18, 2019, 04:44:45 AM
 #224

Airdrops are safe just as bounty programs are safe. The fact is, not all airdrops on the crypto space are authentic. Some are scam and only intended to steal the personal details of applicants. Hence, participants must be vigilant and read more about the airdrop and its project before joining.

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August 18, 2019, 04:50:20 AM
 #225

The way they usually work is they give you some string and you sign it to prove you own the address.

Could a malicious air drop make a transaction sending all your BTC to them, and then you sign it, and then they broadcast it to the network?
Or is signing a message different than signing a transaction?

I have not experienced that but I want to keep my address safe and free from any intrusion, and besides, there is no guaranty that these airdrops will worth something because they are not yet in the market and the probability that they will get a good price is very small, so don't believe that you are going to get $50 or more.

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August 18, 2019, 09:23:46 AM
 #226

In last year few projects were good they distribute airdrops but nowadays 95% airdrops are fake and the purpose of the project is stolen your data and wallets. You should not join every airdrop and don't needs to sign in the message and send any GAS fees to any project, you can face trouble if you will join every airdrop without verifying the project.

ub27
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August 18, 2019, 09:42:08 AM
 #227

Gone are those days when airdrop where actually good, legit and pays very well. I cant remember the last time  i filled airdrop form cos i noticed they are using now to gather delicate information from people. But from my experience once you don't enter your password and private key in any Google  form you are still safe
satriagedhe
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August 18, 2019, 10:14:03 AM
 #228

The way they usually work is they give you some string and you sign it to prove you own the address.

Could a malicious air drop make a transaction sending all your BTC to them, and then you sign it, and then they broadcast it to the network?
Or is signing a message different than signing a transaction?

there's no way it can give u malicious thing expect u give them the Private key of your addres , as long it public addres its fine
flemmings02
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August 27, 2019, 10:36:19 PM
 #229

Airdrops are safe if doesn't require you giving out sensitove informations. Airdrops are no longer worth the stress these days, bounties are barely worth anything after conclusion, no to talk of airdrops that pays about 1/30 of bounties.
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August 28, 2019, 04:42:25 PM
 #230

Assuming the airdrop doesn't ask any personal information, it should be safe. The exception being btc forks... those airdrops are safe if you go about them the right way. That means don't sweep your private key (or use a fork tool w/ private key) until you have moved the btc to a different wallet. If the wallet is empty, worst case is someone could steal your freebie fork coins (if you go about it the wrong way, or it's an iffy fork) -- but if the wallet still has coins, they can be at risk.
ciang huang
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August 28, 2019, 05:35:35 PM
 #231

there are good and bad airdrops, we can read the flow and regulations, I have experienced fraud, and finally my ethereum wallet was hacked because I followed airdrop, which rules must be kyc with utc keys, I was a newbie and I didn't know, and finally I followed the steps. a few days later my wallet was hacked. so you have to be alert to follow the airdrop

xOdiumNostrumx
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August 28, 2019, 06:19:08 PM
 #232

Dont bother with the airdrop scene, these days are over when you could score a hefty amount of non-shitcoin tokens from HQ projects. Rather invest your time in bounties where you can still step on something that will be worth of your time and effort.
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August 29, 2019, 06:32:46 AM
 #233

The way they usually work is they give you some string and you sign it to prove you own the address.

Could a malicious air drop make a transaction sending all your BTC to them, and then you sign it, and then they broadcast it to the network?
Or is signing a message different than signing a transaction?

Weird, airdrop distribution should not requiring to sign anything. What is the purpose of the sign ?
Peoples with multi accounts that joining in airdrop are able to sign as well, so it doesn't prevent cheaters from joining that airdrop.

yohananaomi
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August 29, 2019, 06:46:48 AM
 #234

Airdrop as long as I follow is quite good and can be relied on for security. but why I rarely follow again is not because the airdrop is not safe, just what is received from the airdrop has not been satisfactory for me, maybe not for other colleagues.
I haven't followed the airdrop in a long time so maybe what I said has changed now.

BillGoldberg
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August 29, 2019, 06:50:48 AM
 #235

Never heard of any airdrop campaigns that requires you to have this "signings" that you're saying. And I admit that it's difficult to know which airdrop is legit or not, with so much scams happening these days, anything can definitely go wrong if no necessary research has been done. That's why it's good to follow trusted websites to see which airdrop/bounty campaigns are legit or not. With so many happening now, you need to have websites to help out.
suryapro
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August 29, 2019, 06:55:30 AM
 #236

Never believe in airdrops, if you are required to sign something. because airdrop is given to users free of charge. so, if you find / get an airdrop via email or anything that requires you to go sign something, it is certain that this airdrop needs to be suspected.

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stigmacryptonight
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August 29, 2019, 07:13:12 AM
 #237

Never believe in airdrops, if you are required to sign something. because airdrop is given to users free of charge. so, if you find / get an airdrop via email or anything that requires you to go sign something, it is certain that this airdrop needs to be suspected.

Not only suspected but must be avoided.
I agree with you that Airdrop is free, in the sense that we do not need to spend anything except doing the assignments to get something from Airdrop. If there is nothing suspicious, of course the airdrop is safe.
Turk Ace
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August 30, 2019, 06:00:43 PM
 #238

The way they usually work is they give you some string and you sign it to prove you own the address.

Could a malicious air drop make a transaction sending all your BTC to them, and then you sign it, and then they broadcast it to the network?
Or is signing a message different than signing a transaction?

there's no way it can give u malicious thing expect u give them the Private key of your addres , as long it public addres its fine

No signing a message is completely different. It just proves ownership of the wallet. It cannot be used to send or receive any bitcoin. Nothing to worry about.
Keep your privatekey safe and you will be fine. Also you need to remember to take care what wallets you use. Some wallets might be scams and steal your privatekey.
upyem2k
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August 30, 2019, 06:26:56 PM
 #239

Some are safe and genuine. And a whole lots of them are not. The organizers just take your details for sale and other personal dubious motive. Most especially those that require KYC.
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August 30, 2019, 06:38:49 PM
 #240

In the old times you had many good airdrops. I still remember some. Today most of the airdrops are not worth your time. A few months ago i participated in some airdrops, but they didn't pay me. I guess they use airdrop (bait) to get more people fast.

Even I have participated in a huge number of airdrops. Some of them were very profitable and made me richer by $100 or even $250. But those times are long gone. Now you can call yourselves lucky, if you get $10 from an airdrop. And to sell this much tokens using cryptocurrency exchanges, you need to undergo the KYC process.
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