After a long wait, Binance listed the $TON coin.
This could be one of the biggest new coin listings on Binance this year as the momentum around Ton has been building up significantly recently.
The market cap of Ton exceeds $16 billion, making it the ninth largest cryptocurrency in the market by market cap.
To celebrate this listing, the Ton project has allocated millions of coins to Binance users.
In this article, we will review two ways to get a share of free TON coins.
Method 1: Binance LaunchPool
The TON Launchpool event runs from August 15th to September 3rd.
During this period, 7,650,000 Ton will be distributed.
This means that every day you have a chance to get a share of 382,500 TON for free.
In this launchpool the cryptocurrencies allowed to participate are $BNB and $FDUSD.
Of course, TON rewards are not equal between BNB or FDUSD.
Participants with BNB have an allocation of 85% of TON coins, while participants with FDUSD have an allocation of 15% of TON coins.
How to Participate in Binance Launchpool
Participating in Launchpool is very simple. All you have to do is store these coins in Launchpool during the campaign period by following these steps:
From the home page select Launchpool.
Choose the currency you will share with by clicking Lock.
Select the number of coins you want to share and click Lock.
This will automatically start collecting Ton coins every hour until the end of the Launchpool.
It is worth noting that you can withdraw your coins from Launchpool at any time, but once you withdraw the coins, you will stop collecting other Ton coins.
Second method: Binance Super Earn
Simple Earn is an old service on Binance to provide returns on staking.
But Super Earn is an addition to the Simple Earn idea where cryptocurrency projects allocate a number of coins to generate additional revenue to boost rewards.
The TON Super Earn event will allow users to stake TON for a 300% APR return.
This means that participating from the beginning of the event until the end will give you a return of 16.5%.
This means that if you store 1350 TON (maximum per person) you will get 221.91 Ton at the end of the event.
How to Participate in Binance Super Earn
The steps to participate in Super Earn are simple, but you should know that you will need to own Ton currency.
From the home page, search for Simple Earn.
Click on the Super Earn ad at the top of the page.
Make sure to select Locked and select the number of coins you will share.