Binance, the world’s largest cryptocurrency exchange by trading volume, is offering users a way to earn rewards simply by holding certain digital assets on the Binance platform. The new “Binance Earn” program will allow users to stake their cryptocurrencies and receive rewards in the form of other digital assets.
The program is currently in beta testing with a limited number of assets and will eventually be rolled out to all Binance users. The first phase of the beta testing period will last two weeks and will feature five digital assets: Binance Coin (BNB), Ethereum Classic (ETC), STEEM, Ontology (ONT), and VET.
Users who participate in the beta testing period will be able to earn up to 10% annualized rewards on their holdings. The exact amount of rewards will depend on the amount of each digital asset that is staked, as well as the length of time that the asset is held.
NOTE: WARNING: Please be aware that obtaining free rewards from Binance may involve participating in activities that may be dangerous or illegal. Additionally, these rewards may be counterfeit or otherwise fraudulent, and thus not worth the risk of participating in them. We strongly advise against seeking out these rewards and warn you to use caution if they are presented to you.
To participate in the beta testing period, users must first deposit the eligible digital assets into their Binance account. Once the assets have been deposited, they can then be staked by clicking on the “Binance Earn” tab on the website or mobile app.
After the beta testing period ends, Binance plans to roll out the program to all users and add more assets to the list of eligible assets. The exchange has not yet announced a timeline for when this will happen.
In order to get free Binance rewards, users must first deposit eligible digital assets into their Binance account and then stake those assets by clicking on the “Binance Earn” tab. Rewards will be given in the form of other digital assets and will depend on the amount of each asset that is staked, as well as the length of time that it is held.
5 Related Question Answers Found
Binance is a cryptocurrency exchange platform that offers a wide variety of digital assets to trade. You can make money on Binance by trading cryptocurrencies, or by providing liquidity to other traders. Cryptocurrency trading is a risky business, but it can be profitable if you know what you’re doing.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Cryptocurrency exchanges are online platforms where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. So, how does Binance make money?
Binance is a cryptocurrency exchange platform that allows you to trade digital assets such as Bitcoin, Ethereum, Litecoin and more. The platform is one of the most popular exchanges in the world with over 10 million users. So, how do you make money from Binance?
Binance staking is a process where users can earn interest on their cryptocurrency holdings by simply holding them in their Binance account. This process is made possible through the use of Binance’s native token, BNB. When users stake BNB in their account, they are essentially lending it to Binance in exchange for a fixed rate of return.
