Want to add to your crypto asset collection without having to spend any money? Don't worry, there are several ways you can get crypto for free!
The world of cryptocurrency offers a variety of exciting opportunities for investors, traders and individuals who want to learn blockchain technology and earn passive income. One of the leading platforms in this industry is Binance, which not only provides a safe and reliable trading platform, but also offers various programs and features that allow you to earn crypto coins for free.
Let`s dive: 💪💪💪
1. Binance Megadrop: Lock BNB and Get an Exclusive Airdrop
Binance #Megadrop is the newest feature from #Binance which allows us to get crypto for free by locking BNB (Binance Coin) and completing Web3 tasks.
Web3's tasks usually involve interacting with various decentralized applications (dApps) built on the blockchain. By completing tasks, we will collect points which can later be exchanged for crypto which is currently in the Binance Megadrop event campaign.
How does it work?
BNB Key: Store your #BNB in a Binance account for a certain period of time.
Complete Web3 Tasks: Interact with various decentralized applications (dApps) built on the blockchain.
Earn Points: Collect points by completing Web3 tasks.
Exchange Points for Crypto: Get new crypto tokens distributed in the Megadrop program.
Advantages of Megadrop:
Get potential new crypto tokens.
Learn about Web3 and the innovative dApps behind Blockchain.
2. Binance Earn: Earn Passive Income
Binance Earn offers various products that allow us to earn passive income from the crypto assets we own. Interestingly, some Binance Earn products sometimes offer exclusive #airdrop to their users.
Staking: Stake certain crypto (can be flexible or locked) to get rewards in the form of the same token or other tokens, with profits according to the APR percentage.
3. Binance Referral Program: Invite Friends and Earn Commissions
Binance has an interesting referral program. By inviting our friends to join Binance using a referral code, we can earn commissions from every trading transaction they make. This commission can be in the form of a discount on trading fees or even certain crypto tokens.
Binance Referral Program Benefits:
Easy way to get free crypto.
The more friends you invite, the more commission you get.
Help your friends start their journey in the world of crypto.
More Than Just Commissions: Building Community and Sharing Knowledge
The Binance referral program is not just about making personal profits. It's also an opportunity to build a community and share knowledge about cryptocurrency with others. We can help our friends to learn about the benefits of crypto and how to use it safely.
Do referrals only benefit the code owner?
The answer depends on how we set the code. we can make 10:10, 15:5, and so on. If the distribution is balanced. where we get 10% commission and users get 10% cashback, this will attract other users to use our referral code.
4. Giveaway on Social Media: Follow Official Accounts and Win Crypto
Many crypto projects hold giveaways on social media, such as Twitter, Telegram, and Discord, to promote their tokens. Usually, this giveaway requires us to follow a certain project's official account, retweet, or complete other tasks. Apart from that, follow influencers who often share giveaways, on Binance there are also several features such as angpau, red packets, and quizzes with prizes
Tips for Finding a Crypto Giveaway:
Only follow official project accounts, to avoid scammers.
Be careful with giveaways that ask you to submit crypto assets or personal data.
Check the giveaway terms and conditions carefully.
Follow Binance Square Learn Crypto 😎 Because we often give out red packets on Binance and often share information related to Technical Analysis, Fundamentals, and education related to crypto
5. Binance Learn and Earn: Learn and Earn Free Crypto
Binance Learn and Earn is an educational program that allows you to earn crypto assets for free while learning about blockchain and crypto. This program offers various learning modules accompanied by quizzes. After completing the quiz correctly, we will get a reward.
Binance Learn and Earn benefits:
Being able to learn about crypto in a fun way.
Earn free crypto by studying and completing quizzes.
Suitable for beginners who want to start investing in crypto.
6.Binance Launchpool: Support New Projects and Get Free Tokens
Binance Launchpool is a platform that allows us to get new tokens from crypto projects that are in the initial stage (initial exchange offering/IEO). The way to do this is by staking $BNB or other tokens such as $FDUSD for a certain period of time. The bigger the tokens we participate in the launchpool, the more new tokens we will get.
Binance Launchpool Benefits:
Get early access to potential crypto projects.
Get free tokens by supporting projects we believe in.
Diversify portfolio with new tokens.
Binance is not just an ordinary trading platform. This platform offers various ways for us to reap profits from crypto assets, without even needing to spend money. By exploring the exciting opportunities available on Binance, you can increase your knowledge of cryptocurrencies, build your crypto portfolio, and help others in the crypto community as much as possible through Binance Square.
Bonus: How to Avoid Fraud when hunting for Free Crypto
Crypto has a suspicious and fraudulent character, but there are ways to avoid fraud and reduce risks.
Use reputable sources. Make sure we look for information from valid sources, or influencers who can be trusted.
Focus on reputable projects with good audits. We can look for projects funded by large VCs such as Binance Labs, Coinbase Ventures, Multicoin Project, Polychain Capital, A16Z Crypto, Balckrock, and Paradigm
Protect personal data, do not provide personal data to platforms that cannot be trusted. This aims to ensure that our personal data cannot be misused by irresponsible parties.
Don't just click on links on social media, because many scammers try to imitate official accounts but are directed to fake links. So our wallet can be exposed to a dusting attack (drain).
Never share our wallet key phrase. Because by sharing the phrase key with someone else, that person will automatically have full access to our wallet.
Use extensions that can validate the security of a transaction (if we use Web3). Examples of extensions that we can use include Pocket Universe.
If you have already signed a wallet link agreement (Web3) to dApps that are not trusted, use the revoker to terminate the agreement that we have made.
