How to Get Free Binance
Binance is the biggest crypto exchange network in the world and can support more than 1.4 million transactions per second. Its widespread capabilities are due to the fact that it’s built on the back of the Binance exchange, the biggest global cryptocurrency trading market.
Binance coin, or BNB, is a great investment, due to its wide reach and good stability. However, like all cryptocurrencies, it’s still volatile. It can grow by two or three-fold in one day and then lose more than 50% of its capitalization the following day.
These rapid and unpredictable price fluctuations are what put many investors off of BNB. For that reason, it’s best to get free Binance coin, so you can benefit from an upswing in price without losing out on any big dips.
In this guide, we’ll be giving you an overview of BNB and explaining how to get free Binance. Read on to learn more!
What Is Binance Coin?
When it was first launched in 2017, Binance ran on the Ethereum blockchain, similar to most major crypto coins. However, it’s been redesigned to be the native token of the Binance trading platform chain, making it more specialized.
Binance is one of the most usable cryptocurrencies on the market because it’s so integral to the Binance exchange. Your BNB balance can be invested to earn passive income. In addition, you can use it for online purchases, crypto credit cards, travel, and more. BNB owners also get significant discounts on purchasing fees on the Binance exchange.
Binance regularly holds “Binance Burnings,” where they destroy one-fifth of the Binance coins in the treasury. Each burning destroys more than 500 million dollars worth of BNB!
Binance burnings are intended to control inflation by removing excess currency from circulation. Existing asset holdings aren’t burned, so you don’t have to worry about losing your Binance balance. Regular burnings help promote stability and regular growth in Binance.
However, BNB coin is directly dependent on the Binance exchange and its reputation and success. Essentially, your BNB crypto holdings depend on the success of other cryptocurrencies.
How to Get Free Coins on Binance
Binance coin, although valuable, can be somewhat difficult to get your hands on. Of course, it can be purchased through the Binance exchange, but it’s expensive.
To get free Binance coin, you can mine it through the Binance Launchpool. On the Launchpool, you can stake your Binance savings and earn more Binance in exchange. However, it takes a long time to earn a significant amount of BNB.
Because BNB is so valuable, many people try to get free BNB coin online. They’ll usually stumble on faucets or sites that advertise free BNB airdrops. However, these sites are most often scams.
At best, they just won’t work. At worst, they’ll steal your personal information or your banking information. If you’re looking for free BNB coin, it’s best to steer clear of these scams.
The easiest, quickest, and most secure way to get Binance is through Free Crypto Rewards. On our site, you can complete surveys, watch ad videos, and complete offers. For each task you complete, you’ll earn points.
As you accumulate points, you can trade them in for cash-outs of any kind of cryptocurrency like THETA or CRO entirely free. Tasks are simple and easy, and you can even earn bonus points by inviting your friends.
Start Earning Free Binance Coin Today
As you can see, free Binance is free money. And with Free Crypto Rewards, you can get free Binance coin (or any other crypto of your choosing). Free Crypto Rewards is an easy and safe way to start earning cryptocurrency without risking your real money.
Check out our collection of crypto rewards and start investing risk-free today!
Other Crypto Rewards
All crypto redemptions are fulfilled within 48 hours