Binance, the world’s leading cryptocurrency exchange, has announced that it will conduct an airdrop with a total value of $500,000. The purpose of this initiative is to promote the use of its recently launched Web3 wallet. The airdrop will include various cryptocurrencies, ranging from 1 SHIB to 1 BTC, with values ranging from $0.00000936 to $42,000.
Eligibility condition for the airdrop
In order to be eligible for this airdrop, users must perform a swap using Binance’s Web3 wallet. The airdrop event is valid until December 31, 2023 and is reserved for users in eligible countries (France is not eligible). This encourages users to explore and use the features of the new wallet, particularly for token exchanges and decentralized application exploration.
Support from partner projects and Binance’s liquidity objectives
The airdrop is supported by several partner projects, including Maverick Protocol, GMX, Gala Games, and many others. This campaign is attracting attention from the crypto community, especially during the recent bullish season where the cryptocurrency market capitalization reached $1.5 trillion.
Furthermore, in a context of awakening in the crypto market, where liquidity can become an issue, Binance has launched several initiatives, such as fee-free trading for certain pairs, to maintain and stimulate trading on its platform.