Bitcoin airdrop scam can Hoax you of your Cryptocurrency assets!
An airdrop is an act of dropping supplies, troops or equipment through aircraft using a parachute. In the virtual space, an airdrop refers to giving out free cryptocurrency to users as a marketing strategy. An airdrop is used to get the buzz going in the community for a new offering in the market. Airdrops are used mostly to increase the user activity for that offering and attract potential investors and enthusiasts. Airdrops are a method for marketing but also have been used to scam the general populace! Airdrops are an easy and convenient way to make the people interested in the new offerings. People are offered free cryptocurrency to drive up the interest and increase the support value for the project. Bitcoin airdrop scams are used to lure users, who look out for free coins. These people are then scammed in different ways. The bitcoin airdrop is advertised using social media profiles, telegram chats and user group chats. The targeted users are then asked to perform a variet...