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Binance is Giving Away $100 in BNB to 500 Users, but There’s a Catch

Binance, the world’s leading cryptocurrency trading platform, is giving away free BNB. There is a catch, however, as participants need to spend $599 on a limited edition HTC Exodus 1 phone. 

The Binance Exodus Phone

When first announced, many people had high expectations of the HTC Exodus 1 smartphone. It is a device created to put blockchain and cryptocurrency functionality front and center. That makes it a very different breed of smartphone on the market, with a price tag of roughly $600. It is not outrageously expensive, yet it caters to a very niche crowd. 

It now appears a new model of this phone is coming out today. Known as the HTC Exodus 1-  Binance Edition, this phone is subject to limited availability. This new edition will serve as the world’s first Binance chain-ready cryptophone, and offer native support for the Binance DEX. 

Other than that, there is very little difference with any other models in the HTC Exodus 1 line. Hardware-wise, it is still the very same phone, but a few small modifications have been made regarding its software.

For those who support this major exchange, or have big expectations for its native blockchain, this new model could be worth picking up for $599. 

The $50,000 BNB Giveaway

As is somewhat to be expected, there will be a giveaway tied to this particular device launch. The exchange announced how 500 lucky winners will win up to $100 in BNB tokens. It is a very clever marketing stunt, and one that may affect the value of the BNB token accordingly.

Users willing to partake in this giveaway need to adhere to some very strict rules, however. They will need to submit purchase information to the exchange, and have gone through the KYC verification process for their account as well. 

The contest is only available to clients in the US, Canada, Europe, Hong Kong, Singapore, Australia, New Zealand, and Taiwan. The United Kingdom is excluded from this list. Clients residing in other regions will not be eligible for this giveaway or the shipment of the new HTC Exodus 1 model. 

JP Buntinx
JP Buntinx
JP Buntinx is passionate about cryptocurrencies, fintech, blockchain, and finance. He currently resides in Belgium.


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