Binance recently airdropped 100 Trust Wallet Tokens to all binance users who made a trade between the 7th December and the 21st December 2020. If the tokens aren't withdrawn prior to the 5th January 2020 they will expire and be lost forever so if you one of the lucky ones who actually received this I recommend that you go an withdraw it prior to this date.
On the out skirt this seems like a normal airdrop as per any other airdrop that binance does but this one holds particularly value to binance and there collaboration between them and trust wallet. So what exactly am I getting too.
Well to put it simply this a major move for binance to become a big player in the decentralized exchange space. After the airdrop you could see a dramatic increase in usage of binance dex with almost 85% of the volume being for TWT tokens. They also working with pancake swap offering staking for cake with a APY of 200% +. This has definitely deterred me from dumping the tokens and it has also led me to add some bnb on my trust wallet to make it more to cover transaction fees. I only have about 13 dollars in it now but I'll add a few bnb to cover cost. It looks like the dex is within trust wallet is gaining serious adoption and this is something we not watch out for in the coming future.
All in all this is a big move for binance smart chain and it has seriously increased the trading volume of binance dex dramatically. I personally think this was a fantastic strategy and that we seeing the first CEX who might end up having a similar dominance in the decentralized space.
Alot of projects are moving over or adding bep2 or bep20 capabilities and I'm excited for what this can bring for the community. Binance smart chain seems to be making major moves at a time where Ethereum is at its most vulnerable. We all know Ethereum is the king but cost of transactions make it impossible for investors that have little to no funds to ever participate. Unless they looking to take a major loss right off the back. Binance smart chain is dramatically cheaper and I believe while Ethereum is working hard to get to where they need to be over the next two years binance is looking at this as an opportunity to increase usage and apps so that they can claim a dramatic percentage of the market share. They even working with polkadot to grow there ecosystem so the want and need for them to rival Ethereum seems very real. It's early days so alot might not see it coming but it seems like a good time to grow your bep2 and bep20 token portfolio as they continue to incentivize usage of their platforms which could result in loads of free money for us the participants. I believe we'll see a hell of alot of participants move into this space. Just the other day Juventus and PSG token went live on binance with their bep20 tokens and they managed to increase there trade volume by 300 million. Yes 300 million. That's massive I believe we will continue to see this sort of growth ramp up over the next two years while Ethereum is in limbo.
Before I end off I think some people aren't sure how to actually transfer there TWT tokens from binance exchange to your trust wallet.
So it's pretty simple. The address that it needs to be transferred to is the smart chain address within the trust wallet. If you need help or that is to vague comment below and I'll help you do it.
Top notch nft token trading for football players with its own fantasy league built in. Sorare.com : https://sorare.pxf.io/00BrY
LBRY / Odysee : https://odysee.com/$/invite/@Millenium:d
Binance : https://www.binance.cc/en/register?ref=QNS2MN
Every knows binance but did you know you will eventually need KuCoin for eg to sell AMPL - reminder please don't add kucoin exchange wallet address to withdraw AMPL from publisher : https://www.kucoin.com/ucenter/signup?rcode=c7bNcd&lang=en_US&utmsource=friendInvihttps://www.kucoin.com/ucenter/signup?rcode=c7bNcd&lang=en_US&utmsource=friendInvite
Coinex can be used to sell or hold LBC tokens on a Cex : they also have a crazy Christmas spinning wheel going on where you guaranteed to one something of the sort. Highly recommend signing up and see what you can win. Rewards range from 10 cet all the way to 0.1 btc with 100% chance of winning : https://www.coinex.com/register?refer_code=bha4e&lang=en_USs
Socios.com a fan token platform for football lovers with juv and psg just being listed on binance and driving the market cap up to 300 million this is definitely something to get involved in. They currently have a token hunt for CHZ going on which is also tradable on binance : https://wn.nr/Jx9Qzk
Swissborg community app for btc predictions and a chance to win 250 chsb : https://www.swissborg.com/community-app-referral : https://www.swissborg.com/community-app-referral
Swissborg wealth app -deposit 50 euros or equivalent in crypt to earn a scratch card worth up to 100 euro
https://join.swissborg.com/r/rhidaaDD
Blockfi has a current Christmas promotion running. Sign up and deposit 350 dollars and hodl till the 31st of January and you will automatically qualify for free withdrawable 50 dollars which will be sent on the 15th February 2020 : https://blockfi.com/?ref=a0fa069b
Morpher is a trading app that gives you 100 MPH for joining which you can use to trade stocks, crypto and commodities. I love the platform and I would love this to get wider adoption hence me promoting the platform. I've used it and profited from it so I can recommend it with confidence. Token earnings can be swapped on uniswap : morpher.com/invite/ro
Happy trading publish fam. If you like my articles don't forget to follow and tip
