Binance, Exchanges

Is Free Coin on Binance?

As of September 2019, Binance does not support the buying or selling of any digital assets for fiat currency (i.e. USD, EUR, etc.

). However, users are able to use a connected third-party service to buy digital assets with fiat currency and then deposit those assets into their Binance account.

Binance does have a native token called Binance Coin (BNB). BNB can be used to pay for trading fees on the Binance exchange and can also be used to purchase certain goods and services.

NOTE: WARNING: Binance does not offer a “Free Coin” and any such offers should be treated as suspicious. Be wary of any attempts to solicit or offer free coins, as these could be scams. Do not provide any personal or financial information to anyone offering free coins.

Additionally, Binance periodically buys back and burns BNB tokens in order to reduce the total supply in circulation and increase the value of remaining tokens.

At this time, it does not appear that Binance offers any sort of free coin program. However, the exchange does occasionally offer promotional programs where users can earn free tokens by participating in certain activities (such as trading, referrals, etc. Additionally, Binance Launchpad is a platform that helps new blockchain projects raise funds through the sale of their tokens to Binance users.

In conclusion, while Binance does not currently offer a free coin program, there are other ways for users to earn free tokens through promotional programs and by participating in the launch of new blockchain projects.

Previous ArticleNext Article