"Binance Pizza" is a term that celebrates Bitcoin Pizza Day in the context of Binance, the global cryptocurrency exchange. Here's what it's all about:
Bitcoin Pizza Day: Background
Date: May 22 every year
Origin: On May 22, 2010, a programmer named Laszlo Hanyecz made the first real-world transaction using Bitcoin by buying two pizzas for 10,000 BTC. At that time, 10,000 BTC was worth about $41 USD.
Significance: This is considered a historic moment in crypto, marking the beginning of Bitcoin’s use as a medium of exchange.
Binance Pizza Campaign
Binance, like many other crypto organizations, uses Bitcoin Pizza Day to:
Celebrate crypto adoption
Promote events, giveaways, or campaigns related to pizza and Bitcoin
Raise awareness about how far the crypto world has come since 2010
Binance Pizza in Practice
Binance has done things like:
Distribute free pizza in various cities
Launch NFT pizza collections
Host community events or social media contests
Partner with pizzerias or food delivery services for promotions
Purpose
Commemorate crypto history
Engage the community
Promote the use of crypto in real-world transactions