🪂 What is an Airdrop?
An airdrop is a free distribution of digital currencies by the Binance platform, often given to users of the platform as a reward for holding certain coins like BNB or for participating in services like Simple Earn or Launchpool.
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✅ Steps to participate in the airdrop on Binance:
1️⃣ Create an account and activate verification
Create an account on the Binance platform.
Activate the identity verification (KYC) feature to become eligible to participate.
2️⃣ Go to the airdrop section
Through the app or website, navigate to the "🪂 Airdrop" section.
You will find all the coins that currently have an active airdrop.
3️⃣ Read the airdrop conditions
The conditions vary from coin to coin and may include:
Holding a specific coin like BNB.
Participating in the Simple Earn service.
Holding the coin for a certain period.
4️⃣ Fulfill the requirements
Click on the "Participate" or "Subscribe" button.
Make sure you have met all the required conditions.
5️⃣ Wait for the distribution
After the airdrop period ends, the coins will be automatically distributed to your wallet on Binance if you are eligible.
6️⃣ Manage the coins
If the coin is listed for trading, you can sell it immediately.
Or you can hold onto it if you expect its price to rise in the future.