If you’re looking to get your hands on some free crypto, airdrops are a great way to do it. Airdrops are when a blockchain project or company distributes free tokens or coins to the community.
And what’s even better is that you don’t even need to own any crypto to be eligible for most airdrops. So, if you’re wondering how to get airdrops from Binance, read on for our step-by-step guide.
Before we get started, it’s important to note that Binance is not currently running any airdrops. However, they have in the past and may do so again in the future.
So, it’s still worth following the steps below so that you’re prepared when they do announce an airdrop.
Step 1: Sign up for a Binance account
The first thing you’ll need to do is sign up for a Binance account. If you don’t already have one, you can create one here.
Once you’ve registered and logged in, click on the ‘Airdrops’ tab at the top of the page.
Step 2: Complete KYC
In order to participate in most airdrops, you’ll need to complete Binance’s Know Your Customer (KYC) process. This involves uploading some personal documents like your passport or driver’s license.
NOTE: WARNING: Binance does not offer airdrops, and any website or individual claiming to offer airdrops in exchange for payment is likely a scam. Do not pay for airdrops or provide any personal or financial information to these websites. Participating in legitimate airdrops requires no payment, and you can obtain information about them from trusted sources.
Don’t worry, this is a common requirement for most crypto exchanges and is nothing to be concerned about.
Step 3: Check eligibility requirements & follow instructions
Once you’re on the ‘Airdrops’ page, you’ll see a list of all the current and upcoming airdrops that Binance is running. For each one, there will be a set of eligibility requirements that you’ll need to meet in order to participate.
For example, some airdrops may require that you hold a certain amount of BNB (Binance Coin) in your account. Others may require that you complete specific tasks like tweeting about the project or joining their Telegram group.
Once you’ve checked that you meet all the requirements, simply follow the instructions on how to claim your free tokens or coins. This usually just involves providing your Binance wallet address so that they know where to send them.
And that’s it! Once the tokens or coins have been distributed, they will appear in your account balance and can be traded or withdrawn just like any other cryptocurrency.
So there you have it – our guide on how to get airdrops from Binance. While Binance isn’t currently running any airdrops at the moment, be sure to check back often as they have been known to run them in the past and may do so again in the future.
8 Related Question Answers Found
An airdrop is when a blockchain project distributes free tokens or coins to the cryptocurrency community. Airdrops are primarily conducted as a marketing strategy to gain attention and new followers. They can also be used to bootstrap a new cryptocurrency project by distributing the initial coins widely.
There are a few things to know about getting XRP for an airdrop on Binance. First, you’ll need to have a Binance account. If you don’t have one, you can create one here.
Assuming you are referring to the Trust Wallet Token airdrop that Binance did in July 2020, there are a few steps you need to take in order to claim your tokens. First, you need to make sure that you had Binance Coin (BNB) in your wallet on Binance.com on July 14, 2020 at 00:00:00 UTC. If you did, then you should have automatically received an equal amount of TWT in your Trust Wallet on August 5, 2020. .
As of October 2019, you can only buy or sell Skycoin on Binance with Bitcoin (BTC) or Ethereum (ETH). To buy Skycoin on Binance with BTC:
1. Log in to your Binance account and go to the BTC-SKY trading pair page.
An airdrop is when a blockchain project or ICO distributes free tokens or coins to the cryptocurrency community. An airdrop can be used as a marketing tool to create awareness for a new project, or to reward holders of a particular cryptocurrency. Airdrops are often used to incentivize people to hold a certain cryptocurrency, or to encourage them to trade on a particular exchange.
Binance, the world’s largest cryptocurrency exchange by traded value, does not currently offer airdrops to its users. However, that may soon change. In late 2017, Binance announced its intentions to launch an initial coin offering (ICO) platform.
Binance is one of the most popular cryptocurrency exchanges out there. They offer a great platform for buying, selling, and trading a variety of different cryptocurrencies. But one thing that Binance is known for is their wide variety of altcoins.
As the leading cryptocurrency exchange in the world, Binance has been at the forefront of many industry-shaping events. One such event is the upcoming Spark airdrop for holders of XRP. While Binance has not yet announced whether or not they will support the airdrop, there is good reason to believe that they will.