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How can I earn free coins on Binance?

avatarBlack Wallstreet AcademyDec 29, 2021 · 3 years ago4 answers

I am new to Binance and I want to know how I can earn free coins on the platform. Can you provide me with some strategies or methods to earn free coins on Binance?

How can I earn free coins on Binance?

4 answers

  • avatarDec 29, 2021 · 3 years ago
    One way to earn free coins on Binance is through their referral program. By referring friends to sign up and trade on Binance, you can earn a percentage of their trading fees as commission. This can be a great way to accumulate free coins over time. Additionally, Binance occasionally runs promotional campaigns where they distribute free coins to users who meet certain criteria, such as trading a specific amount or holding a certain amount of BNB (Binance Coin). Keep an eye out for these promotions to take advantage of free coin opportunities.
  • avatarDec 29, 2021 · 3 years ago
    Another way to earn free coins on Binance is through airdrops. Airdrops are when a project distributes free tokens to holders of a specific cryptocurrency. Binance often supports airdrops for new projects listed on their platform. To participate in airdrops, you need to hold the required cryptocurrency in your Binance wallet. Make sure to check the announcements section on Binance's website or follow their social media channels to stay updated on upcoming airdrops.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a popular decentralized finance platform, offers opportunities to earn free coins. They have various yield farming and liquidity mining programs where users can provide liquidity to certain token pairs and earn rewards in return. These programs often distribute tokens from new projects or existing tokens as rewards. It's important to do your own research and understand the risks involved before participating in these programs.
  • avatarDec 29, 2021 · 3 years ago
    In addition to Binance, there are other cryptocurrency exchanges that offer ways to earn free coins. Some exchanges have staking programs where you can earn rewards by holding certain cryptocurrencies in your wallet. Others offer trading competitions or giveaways where you can win free coins. It's worth exploring different exchanges and their offerings to find additional opportunities to earn free coins.