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Crypto airdrops: how they work

5 min read

A crypto airdrop is a free distribution of tokens to wallets, usually to reward early users or attract attention to a new project. Some airdrops have given users real money; many give tokens worth almost nothing; and fake airdrops are one of the most common ways people lose wallets. Here is how airdrops work, how to take part safely and how to recognise a fake one.

How airdrops work

A project sets aside part of its tokens and sends them to selected wallets. The selection rules vary: holding another coin at a certain date, using the project's app before launch, completing quests, or collecting points in a game. The tokens arrive in your wallet or must be claimed on the project's site.

Types of airdrops

TypeHow you qualify
RetroactiveYou used a product before it had a token
HolderYou held a certain coin or NFT at a snapshot date
Task or questFollow, join, test, refer
Points and gamesCollect points in an app or Telegram game, converted later

What airdrops are worth

Most airdropped tokens start trading at a price set by the market, and many fall after launch as recipients sell. A few have been worth a lot; most are worth a few dollars or less. Treat points and quests as a lottery ticket that costs time, not as income.

How to take part safely

  • Use a separate wallet with only small amounts for airdrops.
  • Get links only from the project's official site and verified channels.
  • Never enter your seed phrase anywhere. A claim never needs it.
  • Read what you sign in the wallet: a "claim" that asks to approve spending of all tokens is a drain.
  • Ignore tokens that appear in your wallet from unknown projects with a link to "claim more".

Fake airdrops

  • Ads and replies with a look-alike project name and an urgent deadline.
  • "Connect wallet to check eligibility" sites that request unlimited approvals.
  • Requests to pay a "gas fee" or "unlock fee" to receive tokens.
  • Fake support accounts offering to help with a claim.

Airdrops in Telegram

Telegram tap games made point-based airdrops popular: players collected points for months, then received a token. Results varied widely. Before investing time, check who runs the game, whether there is a real plan for the token, and never pay to "boost" points. More on these games: Telegram games and mini apps.

A different model is TotalHash, a free mining game in Telegram that does not promise a future token payout: tasks and short ads pay small amounts of USD₮ and GRAM now, withdrawable to your own TON wallet.

Small rewards you can withdraw today, not someday.

Open TotalHash

Quick answers

What is a crypto airdrop?

A free distribution of tokens to wallets, usually to reward early users or promote a new project.

Are crypto airdrops worth it?

Occasionally. Most airdropped tokens are worth little and many drop after launch. Treat them as a lottery that costs time.

How do I spot a fake airdrop?

Look-alike names, urgent deadlines, requests for your seed phrase, unlimited token approvals or a fee to receive tokens.

Do I need to pay to claim an airdrop?

Only the normal network fee for the claim transaction. Any extra unlock or processing fee is a scam.