As airdrops have become increasingly popular, scammers have attempted to exploit interest in them so they can take advantage of cryptocurrency investors. Here\'s is a guide which will help you to spot an airdrop scam...

There isn’t any community support for the airdrop

The best way of protecting yourself against an airdrop scam is to conduct in-depth research. You should look into the background of the developers who plan to carry out the airdrop, and the online community which surrounds it. This should allow you to judge if there is widespread support for the airdrop – or if the developers are pushing it for their own gain.

The developers are riding on the back of a popular coin

While there are legitimate airdrops which occur when a popular cryptocurrency is forked, often scammers will target popular coins in an attempt to co-opt the buzz around them, to draw people into their scam.

The airdrop requests private information

Scammers are likely to request private information when they ask you to register for the airdrop. For example, the scammers may ask you to include information about your private keys in an attempt to steal funds from your wallet.

The developers are using social media to impersonate a genuine airdrop

Some scammers attempt airdrop scams by creating fake social media pages in an attempt to trick investors. You should carefully check the validity of any social media pages associated with an airdrop before agreeing to take part.

For a complete list of upcoming airdrops, check out the Zloadr airdrop calendar.