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How to Use Binance Airdrop Step 1: Stay Tuned for News on Upcoming Airdrops Binance Airdrop offers exclusive airdrops of cryptocurrencies that are soon to be listed on Binance. Follow Binance announcements and our social media accounts [Telegram, Twitter, Facebook, Instagram, YouTube] for the latest news on upcoming airdrops. Step 2: Deposit the Featured Crypto on Binance Airdrop ASAP Once we announce an upcoming cryptocurrency listing, Binance Airdrop will now allow you to deposit your tokens ahead of trading time. Act fast, because the sooner you deposit, the bigger your reward will be. Step 3: Get Free Coins from Binance Airdrop After the timer runs out or the progress bar fills up, whichever comes first, you will get your free tokens from Binance Airdrop, home to the best free cryptocurrency airdrops in the world. Binance Airdrop Rules and Tips Early Deposits Get Better Rewards The Binance Airdrop progress bar is divided into tiers. The first tier has the biggest airdrop rate, which gets smaller over the next tiers. You would want to get the biggest rate, so check this page often for updates. First Come, First Served The first deposits we receive will get the biggest airdrop rate. It all depends on how soon you deposit after we announce an airdrop. Be alert, and you’ll get a greater chance for a more rewarding airdrop. Receive Rewards Over 2 Months Rewards from this activity will be split into thirds and distributed to participants over 2 months. Users will only receive a third of their rewards earned from this activity prior to the start of trading. Detailed Activity Rules: - Rewards from this activity will be split into thirds and distributed to participants over 2 months. The first third of rewards will be distributed after the deposits activity ends, but prior to the start of trading. The second third of rewards will be distributed one month after the deposits activity ends. The last third of rewards will be distributed two months after the deposits activity ends.

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In the cryptocurrency and blockchain ecosystem, the term “Airdrop” refers to the distribution of digital assets to the public, either by virtue of holding a certain other token or simply by virtue of being an active wallet address on a particular blockchain. This is separate and distinct from the allocation of tokens or coins that happen via an ICO event. During ICOs, the digital asset being offered is typically purchased using an alternate coin or token. In the case of airdrops, there is no purchase required from the recipient, meaning that the assets are distributed for free. Airdrops are often used as a marketing tool in order to raise awareness of the coin or token that is being distributed, as well as a method of diversifying the number of holders of that asset. The way in which airdrops typically work is that in order to be eligible, a user must hold a certain amount of the asset in a public wallet at the time of the snapshot that is taken as a view of the current state of the blockchain at that particular point in time. For example, OmiseGo performed an airdrop to Ether holders on the Ethereum blockchain in July of 2017, distributing 5% of the total number of OmiseGo tokens at a ratio of 0.075 OMG per ETH to all wallets holding more than 0.1 ETH at the time of the snapshot. Airdrops, along with forks, have been considered by some as a kind of dividend payment earned by holding a digital asset, insofar as it is an additional premium paid out to token holders on a pro-rata basis. Also learn: What Is a Crypto Airdrop?

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I'm not advising anyone to buy crypto or bet the farm on dogecoin," Musk said during a virtual appearance at the Wall Street Journal’s CEO Council Summit in London. "Maybe you should, but let me advise you that would be perhaps unwise." However, Musk added that dogecoin, a bitcoin-like cryptocurrency that was originally created as a "joke," is still his favorite cryptocurrency because it has "the best humor" and "it has dogs." In April, Musk followed through with a promise he made before buying Twitter, changing its logo to that of dogecoin's shiba inu dog breed, giving the dogecoin price a short-lived 20% bump. Dogecoin has crashed back even harder than bitcoin and ethereum since hitting its all-time high price, currently down around 90% compared to bitcoin's and ethereum's 60% price declines. The dogecoin price peaked the day before Musk's appearance on U.S. comedy show Saturday Night Live in 2021 as dogecoin mania reached fever pitch. Elon musk's saysMusk has significantly toned down the amount of time he spends tweeting about cryptocurrencies since the crypto mania of 2021 but has offered some scant support to dogecoin after saying he early 2021 he wanted to help with upgrades that could turn it into the currency of Earth and help it "beat bitcoin hands down."d#DOGEProjections

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Should You Invest in Bitcoin? Here's What EloN Musk Thinks Bitcoin is the most-established cryptocurrency and many argue it's the "safest" in what is a high-risk asset class. As such, it's well positioned to survive a prolonged market crash and -- as Musk points out -- potentially change the way we use money. However, this is a relatively new and unregulated market and there's a lot we don't know about how it will evolve. READ MORE: Best Crypto Apps and Exchanges One golden rule is to only invest money you can afford to lose in Bitcoin. That way, you'll be able to benefit from any gains without facing financial disaster if it collapses. Before you invest, stock up your emergency fund and make sure you're up to date on things like your retirement savings. Don't prioritize crypto over your other financial goals. When you see headlines about people who've become Bitcoin billionaires, it is tempting to go all in. Instead, try to make sure high-risk assets like crypto only represent a small percentage of your overall investments. Financial advisors increasingly recognize that Bitcoin can play a role in a balanced portfolio, but the key is balance. Ultimately, the decision to invest in Bitcoin depends on several factors. These include your financial situation and your views on how Bitcoin might perform in the long term. And don't take Elon Musk's word about crypto -- or any other commentators for that matter. Do your own research into what Bitcoin might do, what the risks are, and how blockchain technology might evolve.

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