What Is a Crypto Airdrop? | Binance Academy

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What Is a Crypto Airdrop? | Binance Academy
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Free tokens 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 Learn more about crypto airdrops ⤵️

airdropped 400 UNI to every wallet that had interacted with their protocol before a certain date. The governance token gives holders the right to vote on decisions related to the project's development in the future.Holder airdrops distribute free tokens to those that hold a certain amount of digital currencies in their wallet. The project team usually takes a

is a popular and easy to use crypto wallet. After that, you can check if your wallet received free tokens. If not, you will likely have to interact with a website to claim the airdrop.It can be challenging to tell whether an airdrop is legit or a scam. You should alwaysbefore signing up for any airdrop, especially when you need to connect your wallet to a website.

Some airdrop scams include asking you to send crypto to an unknown wallet address to unlock your free tokens in return. Legitimate airdrops will never ask for your funds or seed phrase. Be careful with airdrop emails or direct messages.

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