BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. It is possible to actually earn free Binance Coins (BNB) and collect them without any effort or investment. Now, knowing that there is no such thing as free lunch or a money tree, wanting to learn how to get free Binance Coins may seem like a waste of time. Well, not exactly, but you can surely spend your time better than looking for ways to earn free BNB and buy a pie in the sky in the process. Here are some of the legitimate and safe ways to earn free Binance Coins (BNB).
Table of Contents
What is Binance Coin (BNB)
BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world’s most popular utility tokens, not only can you trade BNB like any other cryptocurrency, but you can also use BNB in a wide range of applications and use cases.
BNB uses an Auto-Burn system to reduce its total supply to 100,000,000 BNB. The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB’s price and the number of blocks generated on the BNB Smart Chain (BSC) during the quarter. This offers greater transparency and predictability to the BNB community.
BNB lost in eligible cases can also be reimbursed through the BNB Pioneer Burn Program. This counts users’ lost coins towards the official burn count and reimburses them with BNB.
BNB additionally uses a real-time burning mechanism based on gas fees. A fixed ratio of the gas fee collected is burned in each block, with the ratio decided by BSC validators.
Why Earn Binance Coin (BNB)
The impressive performance of cryptocurrency in the last couple of years has attracted countless investors. If you’re one way or the other linked to the crypto world, then you’d already have heard the name Binance. It was established back in 2017 and is considered the largest cryptocurrency exchange in the whole world.
Binance reduces those already-low trading fees by a full 50% if you pay for them using the exchange’s native cryptocurrency, Binance Coin (BNB). That means that instead of paying 10 cents on a $100 transaction, you’d pay only 5 cents if you complete the transaction using BNB.
An Ethereum-based (ERC-20) token, BNB, hit the market on July 21, 2017, when Binance made its initial coin offering (ICO) of 100 million BNB tokens. It eventually moved to its own unique blockchain called Binance Chain and limited the BNB supply to 200 million tokens in total.
Ways to Earn Free BNB
There are numerous websites on the Internet where you can earn free Binance Coins (BNB) by performing several tasks like watching ads, playing games, etc. However, you will only receive a very small portion of BNB. Free Binance Coin can be beneficial when the price of BNB continues to rise over time, and helps you to earn good profits out of it. Moreover, the amount of BNB you will receive is always random and is different all the time. Here are some of the legitimate ways to get free Binance Coins.
Binance Coin Faucet
One of the cheapest, easiest ways to actually earn Binance Coin is through crypto Faucet. BNB Faucets offer rewards in the form of tiny amounts of BNB in exchange for completing captchas or interacting with numerous ads. The amount of BNB you will receive at the end of the day is actually small to make a difference. BNB faucets may be an opportunity for you to earn Binance Coin with no out-of-pocket expenses. It is not a get-rich-quick plan. It is suitable for BNB beginners to earn some free Binance Coins.
Whether it’s BNB, or other cryptocurrencies, all faucets have one thing in common: they pay you very little. People use these faucets because they believe that over time, these fractions of free BNBer coin will build into something solid.
To utilize a Binance Coin faucet, you’ll need a Binance wallet, which you’ll link to the faucet by entering your Binance wallet address. Most faucets have a minimum amount required before you may withdraw, and some even have a maximum amount.
Get Started: Now you’re ready to take the next step and earn some Binance Coins!
Earn free Binance Coin (BNB) with BtcAdv by doing multiple tasks such as filling out Surveys, offerwalls, watching videos, Faucet, shortlink and much more! Additional features like achievements, lottery, and a referral system await!
Earn Free BNB Now!
Binance Coin PTC Sites
Other well-known Binance Coin micro earning sites like faucet include crypto ptc site, crypto offerwall earning sites, crypto shortlink earning sites, etc. Surveys, captchas, advertising, pop-ups, and other basic activities are among the chores that users must perform. The difficulty of the jobs will usually decide how much you earn, and each faucet pays differently.
Binance Coin Airdrop
The fundamental goal of a crypto airdrop is to raise awareness of a blockchain startup, initiative, or service. The team may bootstrap its project and ensure a fair distribution of tokens among its community from the start by issuing tokens to users.
Airdrops are free tokens offered at the start of a project for purposes of promotion. Most projects use it as an opportunity for publicity. These may require you to do some social tasks like sharing links with your social media. Currently, you can search for real crypto airdrops at CoinMarketCap, Airdrops.io, CoinLean, Icomarks, and other platforms.
In some cases, users receive a Binance Coin airdrop in exchange for completing certain tasks. These tasks frequently include:
- Following people on social media.
- Including hashtags in a share or retweet of one of their posts.
- Sending or receiving Binance Coin (using a particular crypto platform or wallet).
- Signing up for updates and creating an account
There are also times when consumers can receive a crypto airdrop without having to do anything.
Binance Coin GameFi
Multiple online Blockchain-based games allow earning free Binance Coin. There are certainly many poker or casino games that offer sign-up, welcome, loyalty, deposit, withdrawal, and other types of bonuses in the form of free BNB as long as you spend money on them. Getting a Sign-Up or Welcome bonus on these platforms may or may not require you to first deposit money.
Binance Coin Bounties
Bounties are an excellent way for programmers or coders and non-coders to earn BNB by identifying and reporting flaws in platforms. Many crypto projects offer bounties as part of development, either in Binance Coin or other tokens. Regarding that, check the Bounty0x bounty hunting platform which also helps users learn crypto. Bounties can earn you a hefty amount of Binance Coins.
Learning About Binance Coin
You can also earn Binance Coin by learning about Binance Coins from websites like Coinbase. These sites offer various courses and videos about crypto. You just need to answer the quiz questions or need to clear some specific tasks. Based on that, you will be rewarded with a small portion of a specific crypto coin.
Shopping Reward
You can earn free Binance Coins when doing your regular shopping online. Using shopping reward companies you need to download an extension to your browser, use it as a checkout on various brands and earn up to 30% cashback on your purchases. This is a great way to earn Binance Coin while shopping for stuff you were gonna buy anyway.
Binance Coin Interest
The cost of borrowing anything, in this case ether, is referred to as interest. If you already own Binance Coin, you can deposit it in an interest-bearing account and gain interest on it. Most companies that supply Binance Coin loans also allow customers to lend out their Binance Coins for interest. If, for example, you don’t need cash, you can still deposit your Binance Coins and receive annual interest on your deposit. This means your Binance Coins can generate additional income for you, instead of just lying around in your Binance Coin wallet.
Owning a Faucet
While participating as a faucet user might not earn you a lot of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively easily and earn money or crypto coins including Binance Coin from selling ads on your site. Running a faucet requires a reasonable amount of time and effort. You’ll need to set up your own website, manage users, prevent fraud and also bring some initial capital to fund the faucet when starting out.
Write about Binance Coin
If you’re into cryptocurrencies and have a knack for words you might want to consider becoming a crypto journalist or article writer. As the crypto industry evolves, more and more news and information websites are popping up. In many cases these sites are in need of writers as they are publishing dozens of articles each week. Since good writers are hard to find if you can submit quality work you may be able to earn a nice revenue stream by writing about Binance Coin and cryptocurrencies from the comfort of your own home. The best way to find work as a writer would be to look for the “jobs” section in your favorite crypto publications. You can also email specific sites you’d like to write for, or you can create a writer profile on Upwork – an international freelance marketplace. It’s best if you have some sample articles on hand before applying for a writing job as many publications would request previous work before hiring you.
Binance Coin Affiliate Program
There are thousands of affiliate programs that can help you win free Binance Coins. The best affiliate marketing work is if you have a busy website and can generate huge traffic. You can then share your affiliate link on the website. You can earn free Binance Coins by introducing people to cryptocurrency websites if you’re excellent at persuasion. Links are used in referral schemes to recruit new members.
Conclusion
Earning free Binance Coins is a fantastic method to eat a piece of the pie of blockchain technology. You don’t have to be concerned about losing free coins. This provides you the opportunity to experiment with it and learn the ins and outs of the new possibilities. You will have an amazing opportunity to learn more about cryptocurrencies, blockchain networks, digital wallets, and much more while earning some BNB in your spare time.