To avoid financial losses from cryptocurrency airdrops, follow these steps. First, research the project thoroughly—check its website, whitepaper, and team credibility to spot red flags like vague details or anonymity. Second, never share your private keys or seed phrases; legit airdrops don’t require them. Third, use a separate wallet for airdrops to isolate risks from your main funds. Fourth, beware of phishing scams—verify links and avoid clicking suspicious ones from emails or social media. Fifth, assess token value realistically; many airdropped tokens are worthless or pump-and-dump schemes. Finally, stay updated via trusted crypto news or X posts to identify scams early. By staying cautious and proactive, you can minimize losses and safely navigate the airdrop landscape.