does binance give free usdt

Binance does not offer direct free USDT, but users can earn it indirectly through Binance Earn, Binance Liquidity Swap, and the Binance Referral Program.

Oct 30, 2024 at 12:23 pm

Does Binance Give Free USDT?

Binance, one of the world's leading cryptocurrency exchanges, does not directly distribute free USDT. USDT is a stablecoin pegged to the US dollar, and its price is usually very close to $1. Binance users can purchase USDT through various methods, such as bank transfer, credit card, or other cryptocurrencies.

Ways to Get Free USDT on Binance:

While Binance does not offer direct free USDT, there are some ways for users to earn it indirectly:

1. Binance Earn: This feature allows users to earn interest on their crypto assets, including USDT. Users can subscribe to flexible or locked savings plans, where they deposit their USDT and earn interest over time.

2. Binance Liquidity Swap: This tool allows users to provide liquidity to trading pairs and earn rewards. By adding liquidity to USDT pairs, users can earn a portion of the trading fees generated by those pairs.

3. Binance Referrals: Users can refer new customers to Binance and earn a commission in USDT when those customers trade on the exchange. The commission rate varies depending on the levels of the referral program.

Conclusion:

Binance does not directly distribute free USDT. However, users can earn USDT through various methods, including Binance Earn, Binance Liquidity Swap, and the Binance Referral Program. By participating in these activities, users can supplement their crypto earnings and potentially grow their holdings.