


Members of the crypto community can easily fall victim to scams and lose their assets by interacting with scam airdrop tokens.
What is an Airdrop?
Crypto airdrops refer to tokens distributed to selected wallet addresses normally for free. They are routinely used by blockchain projects to create awareness or to reward members of their communities. More often than not, these projects give out free tokens to users as a reward for taking part in simple social media tasks that spread awareness.
The free nature of airdrops has attracted large followership who look up to it as a means of passive income. And with the proliferation of social media platforms, the community has formed a win-win relationship with crypto projects: the community spreads awareness about the projects and receives free tokens as a reward.

Enter The Bad Actors
Crypto criminals have turned their attention to airdrops. They are beginning to use it to defraud unsuspecting members of the community.
How do they do it?
They run a fake airdrop campaign, and send mischievous tokens to people, hoping to get the attention of the recipients. If a recipient interacts with the tokens, the criminals may be able to snatch personal information which can be used in stealing crypto assets from the recipient's wallet. It's called phishing - a technique where a user is cajoled into releasing personal information to a criminal/attacker.
Many people have fallen victim to these phishing scams perpetrated through fake airdrops.
Warning Signs
Some red flags you need to be wary of include:
- You receive unsolicited tokens without you doing any social media promotion nor interacting with the token's underlying platform.
- You received strange tokens that the blockchain explorer or your wallet gives a value that instantly makes you a millionaire, for example.
- You interact with an unknown token and are redirected to a website to complete other steps to get help.

How To Stay Safe
- Avoid adding unverified tokens:
Many decentralized exchanges such as PancakeSwap, ApeSwap, etc. have an 'add token' feature which makes it easy for a user to add a new token to the platform's list. If you don't know the token, don't add it without doing your own research (DYOR).
- Don't be so fast to swap:
Maybe a strange token lands in your wallet and you see that it is worth $100s or even $1000s. Don't rush to a DEX and swap them to become instantly rich. If it looks too good to be true, be cautious.
- Double-check the website:
Scammers have been known to alter the address of a genuine platform hoping that the victim won't be observant enough. For instance, the genuine address may end with a '.com', while the fake website ends with a '.net'. Avoid any website whose address is a clone.
- Never share your secret information:
Do not give out your wallet's recovery phrase or private keys. If a supposed airdrop redirects you to a webpage that requests such personal info, decline the request.
- Avoid Connecting Your Wallet Arbitrarily:
Only connect your wallet with decentralized applications that you are sure are genuine. Having a connection to your wallet is a phisher/hacker's first link to you. Avoid giving up your first line of defense.
- Disconnect unknown connections:
Regularly check your wallet to know what smart contracts it is connected to. Revoke any connection you don't trust. Unrekt is one of the tools you can use for this purpose.
Word to Take Home

Crypto scammers and thieves constantly innovate new techniques to defraud users. One of their recent strategies is phishing via fake airdrops. BSCNews is committed to the security of our readers hence this safety article.
Be careful what airdrop tokens you interact with, especially if you received them spontaneously with no apparent participation from you. Always carry out due diligence to stay safe in crypto-space.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Shift In Buying Momentum: Investor Interest Rises In Pullix ($PLX) Over Solana (SOL) and Polkadot (DOT)

Solana (SOL) and Polkadot (DOT) have come a long way in 2023, each seeing some investor activity. However, Pillux, an upcoming DeFi platform, is looking more profitable in the long run for investors.
Solana (SOL) and Polkadot (POL) are among the top 20 cryptocurrencies by market capitalization and are two altcoins pulling the attention of investors looking to quadruple their profits. But there's another coin that is quickly becoming a top pick for investors, amassing a range of remarkable features that set the scene for it to be one of the best new cryptos to invest in as the crypto market shows more excitement. In this piece, let's find out why Pullix is gaining more interest than Solana and Polkadot.
Pullix ($PLX): Assets Diversification and Liquidity Provision Rallying Investors
Pullix ($PLX) is a highly promising cryptocurrency project set to revolutionize the trading landscape by offering a comprehensive range of assets, including commodities, ETFs, and forex, rarely found in traditional platforms. Distinguishing itself from the norm, Pullix implements a fee structure with zero commission fees and visible tight spreads, enhancing overall profitability for traders, aligning with decentralized finance (DeFi) principles.
Playing a pivotal role in resolving liquidity issues within the DeFi space, Pullix introduces a liquidity provision, allowing traders to contribute liquidity through its dedicated Market Making Liquidity Contribution feature. Additionally, investors can stake cryptocurrencies like ETH and BTC to enhance liquidity in the order book.
Another interesting feature offered by Pullix is the opportunity for traders to earn a passive monthly income through staking other cryptocurrencies for a fixed period and interest rate. This unique offering sets Pullix apart, as major players like Coinbase or Binance do not currently provide a comparable feature.
Currently trading at $0.04, Pullix positions itself as an attractive investment option for traders seeking a unified platform for seamless trading, rewards accumulation, and wealth enhancement. The $PLX, doubling as both governance token and native asset, acts as a gateway to a host of enticing features, including platform usage, exclusive access, reduced trading fees, rewards unlocking, exchangeability, and staking.
Considering its comprehensive features and a projected 100x surge in price, industry experts anticipate a growing influx of investors that may consider Pullix over Solana and Polkadot.
Solana (SOL) Sees More Bullish Sentiment But Investors Are Careful
Solana (SOL) has seen a surprising price surge to $61 since the start of the year when it traded for $9. However, Solana (SOL) has not maintained this upswing. It is currently worth $61, compared to a high price of $66 on December 6, 2023.
In addition to its surge, SOL caught the crypto market's eyes with its total value locked (TVL) on Solana rising to around $670 million on December 5, according to DefiLlama. This last occurred in November 2022.
Sentiment around the Solana coin is bullish, with analysts saying it could witness an upward climb. InvestAnswers, a prominent crypto analyst, predicts that Solana (SOL) might capture 10% of Ethereum’s market capitalization in the next bull market.
If the Solana price sustains above its current price, the altcoin will continue its climb. Regardless, investors are aware that SOL has been trading under bearish for a week and are being careful. However, the price continues to trade above the pivotal support.
Polkadot (POL) Witnesses 7 Day High Of above 6%, a 10.23% Increase
Polkadot (POL), a layer 0 blockchain focused on interoperability and scalability, rose 10.23% to $6.13 on December 6, after seven days of trading above the $5 mark.
Between November 1 and November 30, Polkadot price (DOT) surged 16% from $4.45 to $5.16. Moreover, between November 23 and November 30, Polkadot (DOT) gained 7% as its price moved from $5.21 to $5.56.
Investors still hold a 41% bearish sentiment for the Polkadot coin, according to experts at Changelly. The coin was outperformed by 60% of the top 100 cryptocurrency assets in one year.
Nevertheless, many analysts hold that the project still possesses potential. They predicted Polkadot (DOT) might reach $7 in December 2023, but some investors aren't entirely keen. This may have contributed to the rise of investors flocking to Pullix as it has a great potential of witnessing a price and value surge once it launches in 2024.
For more information regarding Pullix’s presale, see links below:
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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