Comparison Analysis of Binance and Web3 Airdrops
Binance has a very diverse range of airdrop activities, and many people have participated, but do not clearly understand the actual differences? This article will introduce the differences among these airdrop activities.
1. Binance Exchange
(1) New Coin Mining Pool:
Users who use BNB for regular financial management and those who use $FDUSD or $USDC for locking will be able to receive mining rewards every hour when the event starts, such as the recent mining of $NIL new coins.
(2) HODLER Airdrop:
Users who use BNB for regular financial management will find related HODLER airdrop information in Binance's activity announcements during a certain period. The related news and discussions in the community will also be smaller compared to other airdrops. This is more suitable for users who have been regularly managing their finances in the long term.
(3) PancakeSwap
Short-term Web3 activity, tonight's event is the fourth time, and each user can stake up to 3 BNB during the event period, and at the end of the airdrop, they will be able to receive the staked BNB and airdrop rewards.
Pros and Cons Analysis:
The new coin mining pool and holder airdrop on Binance have a lower threshold, with the minimum threshold for regular financial management being 0.05 BNB, making it suitable for those with limited funds to participate.
For PancakeSwap, a maximum of 3 BNB is required to achieve the highest return on investment, and the minimum investment threshold must account for the fees deducted from Web3 transactions before arriving at the final reward.
Moreover, the operation of Web3 is not very friendly for beginners, and there is a possibility of errors during transactions that could lead to a total loss of funds.
Conclusion:
These airdrops basically have a threshold limit, and the closer the amount is to the threshold limit, the higher the return rate.
However, I believe that users with less capital still make up the majority.
It is recommended that beginners stay on Binance to participate in the new coin mining pool and continue to hold for the airdrop to gradually increase their principal.
After becoming familiar with Web3 operations, they can then participate in Web3 airdrops.
Ways to Reduce Transaction Fees: It is suggested to keep a sum of money in the Web3 wallet specifically for Web3 airdrops, and transfer it back to the exchange when needed.
I hope the above analysis can help everyone better understand the mechanism and some rules of Binance airdrops. If there are any unclear areas, please feel free to leave comments and suggestions. Thank you.
