Airdrop scams NZ

Airdrop Scams Exposed | A Kiwi’s Defense Plan (2024)

Airdrop scams in New Zealand involve deceptive tactics through bogus websites, emails, and social media profiles, aiming to deceive users into participating in a fake airdrop. Typically, these scams manipulate users into linking their wallets to harmful smart contracts or disclosing their private keys to supposedly claim the 'airdrop.'

What Are Airdrop Scams?

Airdrop scams in New Zealand revolve around non-existent airdrops that lack endorsement from the protocol’s team. However, they go beyond mere fabrication. These scams exploit investors’ eagerness to engage in incentivization programs, putting them at risk of security breaches that often result in the depletion of their wallets.

In such scenarios, scammers typically masquerade as legitimate protocols or influencers, endorsing a fraudulent airdrop portal that prompts users to link their wallets for the airdrop. These deceptive websites often appear genuine at first glance, mirroring the visuals of the actual site. Once you connect your wallets to claim the supposed ‘airdrop,’ they encounter an error message, and their wallet contents are illicitly drained. 

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How Do Airdrop Scams Work?

As highlighted earlier, airdrop scams in New Zealand hinge on posing as authentic platforms to deceive investors, prompting them to lower their defenses and grant wallet permissions, or in some cases, divulge their seed phrase.

Beyond the tactic of promoting bogus sites on social media, investors may stumble upon airdrop scams when they unexpectedly receive new tokens they didn’t purchase. Upon investigating the origin of these tokens using a block explorer like BscScan, they might encounter an error message urging them to visit another site to ‘claim’ the tokens. 

Airdrop scam BSC

Example of Airdrop Scams

Fake Profile Marketing Airdrop

Celestia recently conducted an earndrop program, and the introduction of TIA has led to the emergence of fake profiles, enticing users with a supposed last chance to participate in the TIA airdrop. In the provided screenshot, a scammer has crafted a counterfeit profile resembling the genuine one, with slightly altered handles (calestiatoken vs. CelestiaOrg).

To boost the account’s visibility, they declared a 10 million TIA token airdrop for 1,200 users who retweet the post and share their ETH wallet address. This strategy aims to garner attention and an overall increase in relevance for the account. It could also serve as an initial step in a potential airdrop token claim scam, where the 1,200 accounts may receive a certain number of tokens. However, to retrieve these tokens, they would be required to connect their wallet to a particular site.

This scheme is unequivocally fraudulent since TIA isn’t even an Ethereum-based token.


Another prime example is ApeCoin they released a token earlier this year. 

Fake Airdrop Claim Websites

Numerous airdrops mandate investors to confirm their eligibility via their wallets to access their portion of the airdrop. Conversely, fraudulent airdrops establish deceptive claim websites, mirroring the names of legitimate sites.

In the image Below, there is a fake claim website for the Arbitrum airdrop. Despite noticeable differences in the website addresses, investors unfamiliar with the authentic site might be susceptible to the fake one, which directs them to a phishing website.

Impersonation Of Popular Accounts

Another instance involves scammers mimicking the appearance of a popular account to deceive unsuspecting investors through the promotion of counterfeit airdrops.

The provided screenshot displays two accounts— a counterfeit one and the authentic account. The discrepancy in appearance becomes evident only upon close inspection of the handles (OilimqioCrypto vs. OlimpioCrypto). Additionally, a careful examination reveals that the fake account’s profile picture is encircled, while the genuine account’s profile picture is framed within a hexagon.

How to Avoid Airdrop Scams

As airdrop scam tactics continue to evolve, it’s crucial for Kiwis to stay vigilant and steer clear of these schemes. Here are ways to protect yourself from falling victim to them.

Do Your Own Research On The Airdrop

Airdrops are not secretive events; their purpose is to boost adoption and attract users.

Before participating in any cryptocurrency airdrop, research its requirements, the project, and fellow investors discussing it. Rely on official sources, verify site addresses to avoid typos, and be cautious of airdrops requiring you to send crypto assets upfront. 

Simple tasks like depositing assets or engaging in swaps are acceptable, but always apply risk management based on your findings before deciding to participate or steer clear.

Never Enter Your Private Keys Or Recovery Phrases

Any airdrop, giveaway, or program that requests your private keys and seed phrases is unequivocally fraudulent. Your private key and recovery phrase should remain confidential and stored offline.  Never input this information on any website.

This caution applies not just to airdrops but to all cryptocurrency interactions. Keep your sensitive information secure to safeguard your assets.

Verify The Information Source

As mentioned before, dishonest individuals can craft accounts and websites resembling legitimate projects to disseminate false information about harmful airdrops.

These airdrop scams aim to attract investors who overlook the importance of verifying information sources before getting involved. Stay cautious to avoid falling prey.

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Cryptocurrency NZ Final Verdict

In the Cryptocurrency world, genuine airdrops exist, but so do airdrop scams. It can be challenging to distinguish between the two, and even seasoned investors can be deceived.

However, many fake airdrops exhibit clear signs, often in the domain name. While we’ve highlighted some instances, it’s important to note that airdrop scams come in various forms, and our list doesn’t cover all the possible shapes these scams can take.


Stay alert and cautious in the cryptocurrency space.

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Disclaimer: All content in this guide is intended for educational purposes only and should not be interpreted as financial advice. As an individual, you are entirely responsible for how you conduct your investments and manage your cryptocurrency interests. It is exclusively your own responsibility to perform due diligence and Cryptocurrency NZ recommends taking extreme care and caution with crypto and are not responsible for the outcomes, management, or oversight of your activities.