Binance Airdrop is a feature offered by the Binance cryptocurrency exchange platform that allows users to receive free cryptocurrency tokens from upcoming airdrops ¹ ² ³ ⁴ ⁵. An airdrop is a promotional event where a project distributes free tokens or coins to users in order to generate buzz and increase adoption. Here are some key points about Binance Airdrop:
- Users can access the airdrop feature through the Binance website or mobile app
- To be eligible for an airdrop, users must hold a specific amount of cryptocurrency in their Binance account at a specific time (known as a "snapshot")
- The amount of cryptocurrency required to be eligible for an airdrop varies depending on the project
- Users can view the details of an airdrop, including the announcement, distribution time, amount, and wallet address, in the "My Airdrop" section of the Binance website or mobile app
- Binance also offers a feature called "Boosted Airdrop Rewards" which allows users to increase their chances of receiving an airdrop by locking up their BNB (Binance Coin) and completing Web3 quests.