Getting free cryptocurrency is a very attractive prospect for many, especially with the growth and recognition of digital currencies. Binance, one of the largest cryptocurrency exchanges in the world, offers users several ways to earn free cryptocurrency. Here are six methods to earn free cryptocurrency on Binance, each explained in detail.
###1. Binance Win
** Binance earns ** is an integral set of financial products that allow users to passively grow their cryptographic participations. Here's how you can use it:
- ** Flexible savings **: This product allows you to affect the inactive cryptocurrency. By depositing your cryptocurrencies into Flexible Savings, you can earn daily interest. It is called \"flexible\" because you can redeem your funds at any time without penalty. - **Locked Savings**: Unlike flexible savings, locked savings requires you to lock your funds for a fixed period, such as 7, 30 or 90 days. In return, you will receive a higher interest rate than Flexible Savings. - **Staking**: Binance offers staking services where you can stake your cryptocurrencies to support the blockchain network and in return earn staking rewards. This is especially beneficial for users who own Proof-of-Stake (PoS) cryptocurrencies. ### 2. Binance Launchpad
**Binance Launchpad** is a unique token launch platform that helps transformative blockchain startups raise funds and increase their reach. Here's how you can participate:
- **Initial Exchange Offerings (IEOs)**: Binance Launchpad contains IEOs where you can participate in token sales of new projects. While it's not always free, early involvement can often lead to significant profits. - **Stake Token Launchpad**: Binance sometimes allows users to stake their BNB or other supported cryptocurrencies to receive new tokens from upcoming projects for free. This is a way to earn new tokens without directly investing additional money. ### 3. Binance Referral Program.