Binance, the world’s largest cryptocurrency exchange from time to time gives exciting giveaways. The giveaways mostly are for commemorating a special event. for example, Binance held a contest to celebrate turning two years. In the contest, Binance gave-away 200BNB tokens,100 Yubikeys, and 100 Binance Merchandise.
The giveaways were distributed on a competitive basis and contestants were required to share their unique Binance story on twitter using the hashtag BinanceTurns2, and retweet.
Another instance of Binance giveaways was on May 2019 when Binance became on again after being offline for one week after being hacked. Binance developers had frozen all operations on the platform to conduct a system upgrade.
Binance giveaway 50,000 BNB to thank customers for their patience and tolerance of the system downtime after the cyber attack.
That was a substantial amount of money considering the exchange rate of BNB (Binance Coin) is $27.45 Binance conducted a special giveaway of Bitcoin and Ethereum and a huge number of other coins on 22nd Jun 2019, the giveaway ran for 24 hours and a total of 5000 BTC and 10000 ETH were given away and a significant number of other coins. Participants were required to have a minimum of 2 ETH or 0.05 BTC to stand a chance of winning.
These contests are frequently updated on the Binance official website and credible cryptocurrencies blogs, be on the lookout for the next giveaway. it might be soon.