To Participate Do The Following Steps Mentioned Below:
-Visit the Binance registration page.
-Create an account and verify your email.
-Visit the IOST Campaign Page and scroll down to “Promotion C”.
-Complete the poster sharing task.
-Submit your Binance Referral ID + screenshot in this Airdrop Form.
-A reward pool of $10,000 in IOST will be distributed evenly among all qualified members.
FAQs for people new to cryptocurrencies
What Are Airdrops?
Airdrops are cryptocurrency coins that are given away for free by new cryptocurrency projects based on completing a few tasks provided by them.
Almost anyone can participate in airdrops, he/she doesn’t need to have deeper knowledge about cryptocurrency.
New cryptocurrency projects usually do airdrop events to raise awareness and gain attraction for their new project.
Once the project has a successful launch and gets listed on a cryptocurrency exchange, then the airdrop holders can sell the coins they own for real money depending on the value of the coins selling on the exchange.
What is Cryptocurrency?
Some of the people who want to participate in these airdrops might be new to the cryptocurrency space, so to explain what is cryptocurrency in short.
Cryptocurrencies are digital assets that are on the blockchain network.
Each cryptocurrency holds value, similar to stocks in stock markets.
The value of each cryptocurrency depends on how well the project is performing.
Coinmarketcap.com shows the data of most of the cryptocurrencies.
The first cryptocurrency ever created was BITCOIN, and it holds the rank of the No.1 cryptocurrency in the world.
Cryptocurrencies are actively trading on various cryptocurrency exchanges, similar to stock market exchanges.