Another day, Another Lesson for those who want to learn

[5W-KILO]

Be careful out there newbies and all crypto fans, a few minutes ago I made a few transactions in BNB from one wallet to another and I got this



I was like, OMG 😱 it's a free APE Tokens, but then one APE is 12$ on binance exchange, how can someone send me 350 pieces for me? That's where I became even more curious, I did some Contract Address findings and I noticed this



As you can see I'm not the only winner of these 350 APE tokens, this is where I started to get angry, saying to myself that why can't it just be only me?  (kidding) Lol, as I proceed in my search I ended up with this website link.



If this isn't a scam what could it be anyway?


The trick is every receiver will try to sell and that's when you will be f**ked up, in this crypto haven nothing comes for free, you have to work your ass up to make some gains and rewards, go after only what you sweat and worked for.

[AB de Royse777]

If this isn't a scam what could it be anyway?

Which APE it was? I have searched on CMC and found 8 different APE which is confusing.

[VRExpress]

Looks like a scam to me, the scammer generates a fake Apecoin tokens and send them out to all address doing transaction on BNB network, if you try to sell it will lead you to Ape-NFT.io, a fake and unsecured website.

[pakhitheboss]

That is a scam token for sure. If it is APENFT then their website address is apenft.org. They are on BSC, Tron and Ethereum blockchain. They one which is being traded on Binance is APE and its website address is apecoin.com. It is an erc20 token. Therefore the coin that you recieved is a scam coin.

This is a common practice on tron and BSC Blockchain. Scammers create such copy token and distribute them to random wallets. Do not fall for such scams.

[GEMIN_M4]

Ape-NFT.io is a scam website, I visit the link and this is what I came up with



As you can see the scammer use the same APECoin image meaning he is trying to fool people who can't research on their own, I'm guessing if you connect your wallet to this website your private key will be revealed to them.

[Z390]

I got some random free tokens in my math wallet, I suspect that they are all scam tokens, if you see them in your wallet avoid them cos someone is trying to lure you.

[NeuroticFish]

If this isn't a scam what could it be anyway?

It's advertising.
Some known Bitcoin wallets receive dust transactions that tell a story.
The wallets on blockchains that allow smart contracts and tokens - not only on ETH - people get tokens for free, with or without impersonating other token names, but clearly containing some website link.

Scam? why would it be scam? Nobody forces you to send those tokens anywhere. And even if you send them, all you lose is probably the tx fee (and the worthless tokens).

--
It can become scam if you go to that website and it asks you to enter your wallet seed. Then yes, please report it as scam (although I would avoid visiting unnecessarily unknown websites, unless you know how to do that from a virtual machine or sandbox).

[The Cryptovator]

Nothing is free in the world, so don't be greedy. They would be fake or real. But they won't spam you unless you share your private keys. No matter who sent this token, if it's worth some dust you may sell it. But I don't think you can do it. Likely it was the Airdrop token, projects do sometimes increase holders. But don't think a legit project will do the same. Just let them stay in your wallet. Don't take much stress for that. They won't hack your wallet by sending tokens lol.

[BITCOIN4X]

~Snip
Don't take much stress for that. They won't hack your wallet by sending tokens lol.

Back to the first chapter, unless the OP gave his private key to a scam or phishing site.

In the past, token transactions like this were mostly carried out by new projects that seemed scam or non-legit just to increase the number of holders, it was not too troublesome because we could just ignore it. But I agree with you that random delivery like this is not a legitimate project especially if their tokens are quite valuable in the market. The OP could easily ignore it without worrying about a scam attempt.

[Upgrade00]

Scam? why would it be scam? Nobody forces you to send those tokens anywhere. And even if you send them, all you lose is probably the tx fee (and the worthless tokens).

--
It can become scam if you go to that website and it asks you to enter your wallet seed. Then yes, please report it as scam (although I would avoid visiting unnecessarily unknown websites, unless you know how to do that from a virtual machine or sandbox).

The fact that it's a take token, which creates a phishing website to mimick am original platform with the intent to steal visitors details already makes it a scan attempt. Scammers don't force anyone to fall victim, they lure them in with tempting offers.
The issue is whether or not the offer of the free tokens would be enough to attract users to try and sell, in what situation they will be led on to the scam website.

To protect oneself, any unsolicited offer, by email, wallet address, SMS or any other form should be ignored.

[cryptoaddictchie]

Reflect to yourself. There is really a free airdrop of apecoin, however those only who hold their particular nft. So ask yourself, if you dont have nft for requirement why youll received a very expensive token? From there you should be suspicious on it already. No one will give a free huge money randomly and that could also lead to some bad consequence if you pursue it.

[cabron]

Reflect to yourself. There is really a free airdrop of apecoin, however those only who hold their particular nft. So ask yourself, if you dont have nft for requirement why youll received a very expensive token? From there you should be suspicious on it already. No one will give a free huge money randomly and that could also lead to some bad consequence if you pursue it.

350 APE is a lot to airdrop, you already could conclude it's too good to be true. That's to reflect.
If it does have value, you will be grateful for it. But there must be none. Just be careful not to spend BNB to cash out it out, you may just learn the catch of this airdrop. Just forget about that tokens. It hasn't turned into a scam yet but it could be luring you to do something about it.

[jrrsparkles]

Even if its a clone APE token still you're not in any problem unless you get phished while trying to do anything with that, receiving this fake tokens are just to get your address and this is normally happens with bitcoin network which we call as dust transaction but when we receive such kind of transactions we can actually lock the address so all other address won't be exposed to the scammer but this is not same with altcoins.

[Fivestar4everMVP]

Unfortunately, many people have fallen victim to this scam, I almost fell for it myself months back when I first received this kind of airdrop, I have over 20 of this kind of tokens in my wallet currently and each time I check their prices, I gives me goosebumps, but then, I never attempt to sell any of them because this is what the scammers actually want you to do, and doing this automatically gives them access to every bit of legit tokens you have in your wallet, so we must be very careful.

This kind of scams token is not common on binance smart chain alone, it's also very common on Tron network as well, and the reason is because of the cheap transaction fees on this blockchains, you will never find this kind of tokens on Ethereum blockchain where transfer fees are off the roof, they did spend hundreds of thousands of dollars on sending out the airdrops alone, so this why we don't get such airdrops on Ethereum blockchain.

[Daodex]

Reflect to yourself. There is really a free airdrop of apecoin, however those only who hold their particular nft. So ask yourself, if you dont have nft for requirement why youll received a very expensive token? From there you should be suspicious on it already. No one will give a free huge money randomly and that could also lead to some bad consequence if you pursue it.

Free Apecoin token doesn't come from Ape-NFT.io, have you opened this link yourself? It's a scam website and this is exactly why this scammer built this fake token, since Apecoin is giving out free tokens its more easier to deceive people using this strategy.

[DevFile90]

This is probably how I lost 96$ of a token I earned through raindrop months ago, I never bothered to sell because the price was small for the amount of the token, then later I tried to sell a free airdrop token that I dont remember hunting for, I later gave up because I just dont know how to sell, later someone sent out my 96$ worth of token, I guess this is the same.

[DapanasFruit]

This is just one of the many fake coins and tokens which are freely distributed to many wallets. They seem to be harmless but once you can be enticed to sell them in the exchange that is where the problem is because your other assets in your wallet can be migrating somewhere. I am not so sure how it is being done technically but maybe it got something to do with their own smart contracts...because when you do sell you are actually interacting with smart contracts of the coin or token in question. I have been telling this that wallet should have a way to deal with this...we should have an option to delete these fake tokens and coins in our wallets.

[uchegod-21]

Having the consciousness that nothing is free in crypto is an added advantage. If you have not done some kind of bounty or Airdrop activities and sees some free tokens in your wallet, it should be suspicious. I have seen countless times where I would be told to claim some tokens, since I didn't work for them, I don't bother participating because nothing is free.
You can be in the process of claiming these tokens and compromise your wallet.
For tour experience, I can assure you that is a scam because there is the real APE project I know.

[TastyChillySauce00]

That's probably a dusting attack token or spam token. That created by scammer as a trap and you have become one of victim that being sent the scam token by scammers. You must always be careful and always checking the smartcontract address used by the token that being sent to your address. So many newbies are getting scammed caused by their wallet got drained by the scammers after they are trying to swap their asset.
This means if scammers are also using various trick. So many dusting attack that launched by scammers to the various crypto users.

[yayayo]

If you receive APE token that has a value and you can sell it then be thankful to it but I am sure that no one will accidentally send you a token that has a value most you will receiving in your wallets are scam tokens that is being sent randomly to any address so be careful on visiting the site of that token and if you receive unexpected coins or coins that you are not familiar with, it is better to stay away from it.

ya.ya.yo!