To participate in the Unich token event, connect a non-custodial wallet like MetaMask or Trust Wallet to the official platform. Ensure your wallet supports the Ethereum or Binance Smart Chain network–Unich operates on both. Double-check the contract address (0x123…abc) against the project’s verified social media to avoid scams https://unichdrops.com/ .
Eligibility often depends on completing specific actions: swapping a minimum of 0.1 ETH, holding a partner token, or engaging with the project’s Discord. Gas fees fluctuate–track ETH or BSC gas prices using tools like Etherscan or BscScan before submitting transactions. Allocations typically scale with activity; larger swaps yield higher rewards.
After linking your wallet, confirm the transaction when prompted. Distribution timelines vary–some occur instantly, others require weeks. Monitor blockchain explorers for incoming transfers. If tokens don’t appear, check the project’s announcements for delays or additional steps.
Tax obligations apply in the U.S. The IRS classifies these distributions as income at fair market value upon receipt. Record transaction hashes and dates for reporting. Use Form 8949 if selling later.
For security, revoke unnecessary token approvals post-distribution via platforms like Etherscan’s Token Approvals tool. Over 12% of token recipients in 2023 lost funds due to unchecked permissions.
