Binance, the world's biggest cryptocurrency exchange, is giving away up to $3 million worth of a cryptocurrency called BNB to people in Morocco. They're doing this because Morocco recently had a big earthquake that caused a lot of damage and hurt many people.
They will give out this money in two parts. First, they'll give $10 in BNB to anyone in Morocco who uses Binance for trading and wasn't affected by the earthquake. Then, every month for a year, they'll give $5 in BNB to anyone in Morocco who has at least 10 BNB in their Binance account.
This giveaway starts on September 12, 2023, and will continue for a year. To take part, you need to have a Binance account and live in Morocco.
The CEO of Binance, Changpeng Zhao, says they're doing this to support the people of Morocco who were hurt by the earthquake.
To join in these Binance Morocco giveaways, make sure you:
1. Have a Binance account.
2. Live in Morocco.
3. Have used your Binance account for trading in the last month.
If you meet these conditions, you'll automatically get the first giveaway of $10 in BNB. The second one, $5 in BNB every month, will go to people who have at least 10 BNB in their Binance account.
This giveaway starts on September 12, 2023, and lasts for a year.
It's important to be careful when taking part in giveaways like this because some of them might be scams. So, always do some research before you get involved. Also, make sure you give your cryptocurrency wallet address to a legitimate giveaway project.
Hope this explanation helps!