#AirdropFinderGuide For those who are not familiar, an airdrop is basically the free distribution of tokens or digital currencies to certain cryptocurrency wallets, often as a marketing strategy to launch a new project or reward users.

Binance, as one of the largest exchange platforms, acts as a facilitator for these airdrops. Instead of users having to manage external wallets and claim the tokens themselves, Binance takes care of the entire process for users who have the eligible tokens deposited on its platform.

* Most airdrops on Binance are to reward users who hold certain cryptocurrencies (for example, if a project launches an airdrop for Bitcoin or Ethereum holders, Binance can manage it for its users).

* To determine who is eligible, Binance takes "snapshots" of the balances of users of the required cryptocurrency at specific announced times.

* If you meet the snapshot requirements and are eligible, Binance automatically distributes the new tokens directly to your Binance account (usually in the Spot wallet).

* Binance also has its own initiatives, such as "HODLer Airdrops" that reward users who hold BNB or other cryptocurrencies in certain Earn products, or "Megadrop" that combines Simple Earn locked and Web3 missions.

* Participating through Binance is convenient because it does not require additional technical setup of wallets and the distribution is handled internally. You should always be on the lookout for Binance's official announcements to stay informed about upcoming airdrops they will support, the requirements, and the snapshot dates. "Binance airdrops" mainly refer to the airdrops of other projects that the platform facilitates and distributes to its users based on the cryptocurrencies they have deposited in their accounts, in addition to specific programs driven by Binance as rewards.