Binance
Please experience the Binance Smart Chain team's joint ETH open community feedback event in 2022
February 27, 2022
Dear user:
Please experience the Binance Smart Chain team's joint ETH open community feedback event in 2022!
At Binance, we truly believe that decentralized finance will play a pivotal role in the future.
In order to unlock the mainstream application of Binance Coin (BNB), a quality wallet is one of the most important portals for our users.
Thank you to all wallets who contributed to improving the Binance Chain user experience!
Now working with designated wallets that have supported our Binance Chain from the beginning, we jointly launch Binance Chain interest-earning smart contracts. Use smart contracts to trade your ETH to BNB, it will generate an additional 10%-15% of BNB as your reward, we promise to provide 3,000,000 BNB per month.
Smart contracts currently online are suitable for
ETH contract wallet:
Bitpie: https://bitpie.com
IMtoken: http://www.token.im
TP wallet: https://www.tokenpocket.pro
Trust Wallet: https://trustwallet.com
Users can choose by themselves (the following operations are based on the Trust Wallet wallet as an example, the operation is relatively simple)
What is BNB Smart Chain Smart Contract:
If you use a smart contract like Uniswap Pancakeswap, you will soon understand that when you use currency exchange on an exchange, you must deposit cryptocurrencies on the exchange. At this time, there are risks, including the collapse of the exchange and the freezing of your assets by the exchange. The currency exchange smart contract can realize the function of currency exchange in the wallet. The currency exchange smart contract obtains the current market conditions outside the blockchain through Oracle and calculates the exchange rate that you can exchange. The BNB smart chain interest generation belongs to a The brand-new application allows you to exchange coins across the ether chain and smart chain, and there will be an additional 10%-15% reward during the promotion period.
To use smart chain contracts, follow the steps below.
- Install the above wallet: Trust Wallet
- Send ETH to the wallet.
- Send the ETH in the wallet to the smart contract address.
- The minimum send amount for BNB smart contracts is 0.3 ETH
- BNB will be automatically deposited into your wallet (including about 10-15% increase in the value of the original value of ETH)
The following will explain in detail how to use smart contracts to obtain benefits:
1. Download Trust Wallet
1) Create a multi-chain wallet.
(Please beware of impersonating official personnel to ask you for private key or mnemonic phrase. Official personnel will not ask users for private key or mnemonic phrase and other information for any reason.)
2) To view the ETH address of your Trust Wallet, click on ETH and press Receive.
2. How to buy Ethereum?
1) Buy through Binance
The first thing to do is to have a Binance account, let's skip the registration and verification, I believe everyone can do it.
Trading digital currencies on Binance requires a KYC process and some personal details must be provided.
3) Withdraw ETH on the exchange to Trust Wallet
The following takes Binance as an example (you can also withdraw ETH from other exchanges without restricting Binance)
First click on "Spot Wallet" in the wallet on Binance
Search for ETH and select withdraw
Paste your Trust Wallet address and enter the amount, select ERC20
4) Make sure there is an available amount of ETH in the wallet, and send ETH (at least 0.3 ETH) to the smart contract address:
0x0Fe161eB79c73BA6B7C5347362C0e8aB29c7cDbA
Remarks: The BNB claim ratio is 110%-115% of the Binance market price. After sending it to the smart contract, it will be confirmed on the chain within 30 minutes and BNB (BEP20) will be returned to the user's wallet address. After sending, you only need to wait for the smart chain BNB to be credited, and no operation is required.
Profit calculation:
- Let's say the price of ETH is $3000 and the price of BNB is $300
- In your wallet, send 0.5ETH ($1500) to the smart contract, you will receive $1500 + ($1500 x 10%) = $1650, which is 5.5BNB, ($150 profit)
5. The difference you get after exchanging your BNB to ETH is the reward for completing one interest earning
Next, you can sell your Smart Chain BNB on Binance or any exchange that supports Binance Smart Chain to get ETH back
Notice:
- Profit margins may fluctuate during the campaign, but will not fall below 10%.
- Only a maximum of three times of interest can be performed in a day
- The minimum quantity for the third time is 150% of the quantity for the second time
- The minimum sending amount of the BNB smart contract is 0.3ETH and the upper limit is 500ETH
- The campaign will continue to send 3,000,000 BNB in total monthly contract (until April 30, 2022).
- The reset time of daily interest-bearing activities is 0:00
Special statement:
(1) The final interpretation right of this event belongs to Binance.com. If there is cheating, Binance.com has the right to cancel its profit qualification.
(2) Binance Global is not responsible for the influence of force majeure factors, extreme market factors, etc. on the activity, and has the right to make reasonable adjustments to the cycle, rules or rewards of this activity according to the actual situation.
Binance Global Station
Thank you for supporting Binance!
Binance Community
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Binance reserves the right to modify, change or cancel this announcement at any time in its sole discretion and for any reason without prior notice.
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If the user does not understand the operation, they can contact the customer service staff at any time.
(If you have any questions, feel free to consult the admin)