The world's largest crypto exchange hss announced that it will airdrop crypto worth around $500,000. The announcement was made to promote the use of its newly launched web3 wallet amid the rally of crypto market.
Built within the Binance app, Binance web3 wallet is a self custody crypto wallet that will allow users swap thousands of tokens across various networks, explore decentralized applications etc.
Binance took to X (formerly known as Twitter) on December 5 announcing a plan of airdrop crypto worth $500,000. Users can get BTC, Eth, BNB and other tokens.
To become eligible for the airdrop, users need to need to make a swap using their web3 wallet. The airdrop even is valid untill 31 December 2023 according to a report.
The airdrop is supported by partner projects. Reportedly, the announcement is said to have caught the attention of the crypto community with many looking to profit from this bull market, which has seen the value of the cryptocurrency market reach $1.5 trillion in only six weeks.
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Good initiative by binance. Do you know how to be eligible for the airdrop? Does it only require to create a wallet or to use it as well?