Yesterday, while navigating the Binance desktop version, I stumbled accross, Binance Square which is Binance's Crypto Social Networking platform. For me it was an exciting discovery cos I love blogging ABOUT Crypto, so this will fuel my writing and even knowledge. As of August 2023, Binance Square has over 10 million monthly active users and the figures are increasing organically and fast.
Binance Square was initially launched in October 2022 as a content aggregation platform, a sort of Reddit of Crypto currencies on an established Crypto Exchange. Currently it is a fully fledged a social platform with content creation and monetization features which I find motivating for any content creator. Since the platform is still new, we can say it is still lax on some issues. This fact can be opportunity for new content creators to join and get involved. On the other hand, since there post publications are not strictly monitored everyone should be vigilant of scams and shady business.*Don't get me wrong, the Terms and Conditions, state that if found doing anything wrong, then account could be banished. This should not discourage anyone as Binance Square aims to resolve issues such as spam, fraud, and authentication shortly. The layout of Binance Square is pretty simple and straightforward, making it quick and intuitive to post from day 1!
How to earn on Binance Square as a blogger or influencer:
- Create and share high-quality content to attract and retain followers for you ideal target audience.
- Build a community and engage with your followers by responding to their comments and questions. Binance Square allows you, as content creators, to host giveaways and contests.
- Partner with Binance if and when Binance offers you a partnership deal. This will obviously happen if you become an authentic thought leader.
- Apply for the Binance affiliate marketing to earn a commission on every trade that your referrals make.
- Finally, you can sell your own products and services if they get approved. Examples of services are consulting services or educational content.
Quick Warning⚠️: Earning on Binance Square as a blogger or influencer is not a get-rich-quick scheme. It takes time, effort, and dedication. But if you are willing to put in the work, it is possible to generate a significant income from Binance Square.
The Who's Who of Binance Square
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As you may expect, Binance Square boasts some heavy weights in the Crypto World. Naturally at number 1 position, if the CEO of Binance Changpeng Zhao, popularly known as,CZ. I personally follow him and his posts, are fun and informative. I would recommend everyone who gets on Binance Square to follow his cos , if anything big happens on the platform or elsewhere, CZ might just probably post about it. He has with over 1 million followers. Next is Vitalik Buterin who is the co-founder of Ethereum, and a highly respected figure in the crypto community. Another influential founder is Charles Hoskinson of Cardano, a third-generation blockchain platform. He normally shares his thoughts on Cardano and the crypto market in general. In 4th place, I would like to mention Dan Held, an unapologetic Bitcoin maximalist and the head of business development at Kraken, a cryptocurrency exchange. Dan Held typically posts his insights on Bitcoin, the crypto market, and the future of money on his Binance Square profile. Lastly, ad worthy of mention is Anthony Pompliano the host of the popular podcast "The Pomp Letter" and a co-founder of Morgan Creek Digital Assets, a cryptocurrency investment firm.
Steps to join Binance Square:
To join Binance Square, you must be at least 18 years old and have a verified Binance account. You can create a Binance account for free, but you will need to provide some personal information and verify your identity.
Once you have a verified Binance account, you can create a Binance Square account by following these steps:
- Go to the Binance Square website and click on the "Create Account" button.
- Enter your Binance account email address and password.
- Click on the "Create Account" button.
You will then be redirected to the Binance Square platform where you can now start creating and sharing content, following other users, and joining groups and communities.
Did you know about Binance Square before? Will you join the community?
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