Klaytn (KLAY): Farming Action at Binance for BNB and BUSD

At Binance there is currently the possibility to get Klaytn (KLAY) for free with credit and in BNB and/or BUSD without much effort. KLAY is becoming increasingly important.

At the world’s largest crypto exchange Binance, as is well known, there are not only spot market and trading in derivatives, but also many other offers on how to earn money passively with cryptocurrencies. A promotion launched today (Friday, June 25) will bring you Klaytn (KLAY) over the next two weeks if you use Binance Coin (BNB) and/or Binance USD for staking. According to the corresponding announcement, a good 1.3 million KLAY, currently worth about 1.4 million USD, will be distributed on Binance without any fees or other costs.

Klaytn (KLAY) is rather unknown in this country, but its user base in Asia has already propelled it to 32nd place among the globally most capitalized cryptocurrencies. The Klaytn blockchain was developed by Kakao in South Korea. The company provides online services and financial services and is reaching out to DeFi and NFTs with KLAY. Klaytn’s blockchain is supported by LG Electronics, Worldpay and also Binance itself, among others. It is said to be ready for use cases as far as industry, with up to 4,000 transactions per second (TPS).

Earn Klaytn (KLAY) on Binance – here’s how it works.

Binance has located the promo action for KLAY on its launch pool. There you simply contribute funds in BNB or the stablecoin Binance USD to staking pools. Through July 8, nearly 95,000 KLAY will be distributed to participants daily, with the majority of 80 percent going to deposits in Binance Coin. If you then credit your KLAY, you can trade it directly back into Binance for other cryptocurrencies or use HODL to bet on Klaytn’s ecosystem developing positively as planned.

Bottom line: don’t just leave crypto assets lying around

We are experiencing a crypto market these weeks where the price curves of Bitcoin and Co. show little movement. Usually, this is a good moment to take a closer look at other earning opportunities than day trading. Binance has many offers under “Earn” and staggers them according to risk tolerance. The current promotion for Klaytn (KLAY) is basically risk-free and a no-brainer. Klaytn expects it to attract more attention internationally and Binance will bind its customers more closely to BNB and BUSD. KLAY itself definitely has potential for price gains if it succeeds in occupying the trend topics NFTs and DeFi, at least regionally.

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