- Binance is planning a surprise crypto airdrop before the year ends that is connected to using its Web3 wallet.
- A single wallet swap allows traders to enter drawings for prizes up to one Bitcoin or one Shiba Inu.
- Users must finish one swap on the Web3 wallet by December 31st, precisely at 23:59 (UTC), to be eligible.
The top cryptocurrency exchange, Binance, is planning a surprise crypto airdrop before the year ends that is connected to using its Web3 wallet.
A single wallet swap allows traders to enter drawings for prizes up to one Bitcoin or one Shiba Inu. To those who actively use its Web3 Wallet, the airdrop campaign will award a prize pool of $500,000 in Bitcoin and other altcoins.
Web3 Wallet
Users must finish one swap on the Web3 wallet by December 31st, precisely at 23:59 (UTC), to be eligible. Cryptocurrencies like Bitcoin and SHIB are part of the prize pool, and the potential rewards are subject to the airdrop’s terms and conditions.
On December 3rd, tweets containing an airdrop emoji and a smartphone swap were used to first tease the cryptocurrency community about the airdrop.
The purpose of the airdrop campaign is to increase the number of people using Binance’s non-custodial wallet, which gives users private key control over their assets.
This giveaway program follows a busy November for Binance, which included the company’s $4.3 billion legal settlement and the departure of Changpeng Zhao, the founder and CEO, who was replaced by Richard Teng.
As part of its continuous efforts to improve user experience and make its trading platform more accessible, Binance has also launched zero-fee trading for six FDUSD spot and margin trading pairs in addition to the airdrop.