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  • With a BNB subscription on the Simple Earn platform, you receive accrued interest as well as automatic eligibility for Launchpool rewards, Megadrops, and HODLer airdrops without any additional action.

  • Learn how Binance's innovative platforms like Launchpool and Megadrop provide early access to new tokens and attract users to participate in Web3 projects.

  • Learn how Binance supports long-term BNB holders with airdrops for HODLers, offering retroactive rewards based on previously created balance snapshots.


This is a general announcement. Products and services mentioned herein may not be available in your region.

With Binance's Simple Earn platform, your BNB holdings can easily generate daily rewards. All you have to do is subscribe with your BNB on flexible or fixed terms to start earning additional BNB. However, Binance is not just Simple Earn.

Did you know that with a BNB subscription on the Simple Earn platform, you are also eligible for additional rewards through three other mechanisms: Launchpool, Megadrop and HODLer airdrops? This way you can maximize your BNB income and take advantage of multiple earning opportunities at once. 

  • Introduced in 2020, the Launchpool platform allows users to earn new tokens by staking BNB and other tokens. Since its inception, more than 50 projects have been posted on this site. 

  • Megadrop integrates Binance Earn with Binance's Web3 Wallet, providing early access to various projects' tokens by locking BNB and completing Web3 quests. 

  • Airdrops for HODLers provide retroactive rewards for your loyalty based on previously taken snapshots of your BNB balance in Simple Earn products.

In this blog post, you will become familiar with each of these mechanisms and learn how they work. Best of all, a BNB subscription to Simple Earn's Fixed Terms Products entitles you to Simple Earn's APR, Launchpool benefits, Megadrop rewards, and HODLer airdrops - all at the same time! Below, we'll look at each of these options to help you take full advantage of the potential of your BNB holdings on Binance.

1. Earn Daily Rewards with Binance Simple Earn Platform

Simple Earn is a platform that allows users to earn rewards by investing their digital assets, such as BNB, in products with flexible or fixed terms. Users earn interest while maintaining control over their assets. When you subscribe to the Simple Earn platform, you can choose from two types of products—flexible or fixed terms, each with unique benefits.

How does Simple Earn work?

Flexible Products: Use your BNB holdings to earn real-time APR rewards credited to your account every minute, plus receive daily bonus tiered APR rewards! You can withdraw your assets at any time without any penalties, making your funds available to you at any time.

Fixed term products: Lock your assets for a predetermined period and earn rewards at a premium interest rate. Your assets are locked for a specific period with fixed repayment dates. Early repayment is permitted, but accrued rewards will be lost. This option is suitable for users who need higher returns and are willing to commit for a longer period to achieve this.

By understanding the differences, you can choose the option that best suits your financial goals. The Binance Simple Earn platform will help maximize income for those who need flexible access to their funds, as well as those who prefer higher returns with a fixed term commitment.

Next, we will look at additional ways to receive rewards when signing up for BNB on the Simple Earn platform, including through the mechanisms of Launchpool, Megadrop and airdrops for HODLers.

2. Earn new tokens from Binance Launchpool

Launched in 2020, Binance Launchpool allows users to earn new tokens by locking up their crypto assets. Without going into too much detail, it serves as a safe and convenient environment for earning new token rewards. Users can lock their BNB and other eligible tokens to receive new tokens at no additional cost. Users place their crypto assets in dedicated pools for a certain period. Users then receive new tokens as rewards.

BNB on Simple Earn: Automatic Qualification for Launchpool

Launchpool has an important advantage: if you have a BNB subscription on the Simple Earn platform (in Fixed or Flexible Products), you are automatically entitled to participate in all Launchpool events that occur during the period of your subscription. You don't need to cancel your subscription and then lock your BNB on the Launchpool platform: your BNB is counted automatically.

Participate in Launchpool events with Simple Earn

1. Subscribe to Simple Earn: Choose Flexible or Fixed Earn Products. Both types of products qualify for participation in Launchpool events and count towards any calculation of the amount of BNB a user has staked. 

2. Earn rewards: Start earning airdropped tokens based on the percentage of your subscription in relation to the total amount locked on the Launchpool platform.

3. Receive tokens via airdrop: At the end of the lockup period, the airdrop tokens will be credited to your spot wallet. You can also withdraw the accrued tokens at any time during this period.

In the next section, we'll look at the Megadrop platform and learn how to combine it with Simple Earn and Launchpool mechanisms to maximize cryptocurrency rewards.

3. Access exclusive tokens through Binance Megadrop

Megadrop is an initiative introduced by Binance in April 2024. It combines the benefits of Launchpool with the capabilities of Binance's Web3 Wallet and offers a new way to earn tokens distributed through token generation events. This platform gives users early access to certain Web3 project tokens before they are listed on the Binance exchange, allowing users to use locked BNB assets to participate in Web3 events to maximize rewards.


How to participate in Megadrop projects?

The participation process includes two main stages.

1. Lock your BNB: Subscribe to Binance Earn Products with fixed terms. The longer the lockup period for your BNB, the higher the potential rewards. Please note that BNB in ​​subscriptions to any Flexible Products do not qualify for Megadrop rewards.

2. Complete Web3 Quests: Completing Web3 quests is optional, but it can significantly increase your rewards. All quests must be completed using Binance's Web3 Wallet.

Megadrop Points Calculation Explained

Your Megadrop Points determine the number of tokens you receive. This indicator is influenced by several factors:

1. Number of BNB Locked: The more BNB you lock, the more points you have.

2. Duration of the ban: the longer it is, the more points you have.

3. Completing Web3 quests: Completing quests can significantly increase your points.

The following formula is used for calculation:

  • Total points = (points for locked BNB * Web3 quest multiplier) + Web3 quest bonus

Example: If you have 1,200 points for locked BNB, the multiplier is 3, and the bonus is 50, then after completing all quests, your total score will be (1,200 * 3) + 50 = 3,650. 

The system updates your points in real time to reflect changes in your average daily locked BNB balance and Web3 quest completion status. At the end of the membership period, a final score is calculated and rewards are transferred to the spot wallet.

Like Launchpool, the Megadrop platform allows users to earn money from locked assets, but this mechanism is combined with Web3 Quests, which help introduce the decentralized Internet through Binance's Web3 Wallet. This is a new way to earn money and interact with the ecosystem! 

In the next section, we'll look at airdrops for HODLers, another opportunity to earn rewards by locking BNB in ​​Binance Simple Earn products. 

4. Earn rewards from your previous assets with airdrops for HODLers

Airdrops for HODLers are a new mechanism introduced by the Binance exchange in June 2024 that rewards users for holding BNB. The rewards are based on historical snapshots of user balances on the Simple Earn platform and serve as an incentive for long-term BNB holders. 

Unlike other reward mechanisms such as Launchpool, which require certain actions to be taken for some time after the announcement, airdrops for HODLers reward users retroactively and are an easy way to earn additional tokens. More rewards for BNB HODLers!

How to take advantage of airdrops for HODLers

1. Subscribe to Simple Earn: To be eligible to participate in airdrops for HODLers, you need to subscribe to BNB on the Simple Earn platform by selecting a Product with flexible or fixed terms.

2. Watch for announcements: Keep an eye out for announcements about airdrops for HODLers. From them you will learn about relevant projects and deadlines for creating images.

3. Receive your rewards: Once the airdrop is announced, eligible users will receive their rewards, which will be credited to their spot wallets within 24 hours.

Airdrops for HODLers offer significant benefits without requiring any additional effort from users. They automatically earn these rewards simply by holding BNB in ​​Simple Earn products, making the process much easier. These airdrops not only increase the likelihood of tokens listing on Binance due to high liquidity and trading volume, but also serve to support small but promising crypto projects. Such support helps increase the visibility of these projects in the crypto ecosystem and contributes to their growth.

Comparison with Megadrop and Launchpool

Retrospective: Unlike Megadrop and Launchpool, which require active participation over a period of time, HODLer airdrops operate retrospectively, rewarding users for their past actions.

Project Focus: HODLer airdrops typically serve to distribute tokens to smaller projects with good fundamentals, while Megadrop and Launchpool often feature larger, more established projects.

Simplicity: Airdrops for HODLers are simple and require no additional steps, making them an easy way to earn rewards.

Comparison of Earning Opportunities with BNB on Binance Platform

To help you understand the full range of earning opportunities with BNB on the Binance platform, here is a short description of Launchpool, Megadrop and airdrops for HODLers: BNB subscription holders on the Simple Earn platform can use all of these mechanisms in one way or another, all at the same time!


By understanding and learning how to use these tools, you can optimize your earnings on Binance, maximize profitability, and support a wide range of projects.

Conclusion

In this blog, we looked at various ways to earn money with BNB on the Binance platform, including Simple Earn, Launchpool, Megadrop, and airdrops for HODLers. Each of these methods offers unique benefits and opportunities to maximize rewards.

  • Binance Simple Earn allows you to earn rewards through Products with flexible or fixed terms, providing flexibility or increased returns depending on your preferences.

  • Launchpool allows you to earn new tokens by staking BNB (or other eligible assets) and provides early access to innovative projects.

  • Megadrop combines the power of Binance Earn with exploring the world of Web3, offering early access to Web3 project tokens by locking BNB and completing educational quests.

  • Airdrops for HODLers reward BNB holders retroactively based on historical snapshots of their balances on the Simple Earn platform and help support promising projects.

It's important to remember that all of these earning opportunities are not mutually exclusive. By subscribing to BNB on Simple Earn's Fixed Terms Products, you can earn all four types of rewards, thereby maximizing your earning potential. 

This integrated approach allows you to simultaneously earn daily interest and new tokens, take advantage of early access to Web3 projects, and earn retroactive rewards.

We encourage you to explore and use these various ways to earn money. Binance offers a range of options to help you grow your crypto assets with flexible daily withdrawal options, the joy of accessing new tokens, and rewards for long-term ownership. Don't delay: unlock the full potential of your BNB!

Additional materials

  • Introducing Binance Simple Earn

  • How to get started with Binance Launchpool?

  • What is Binance Megadrop?

  • Binance Launches Airdrops for HODLers!


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