Yes Coin and Binance Web3 Campaign: In this blog post, we’ll explore the latest developments surrounding Yes Coin, its mining process, partnership with Binance, and a campaign offering 20 billion Yes Coins as rewards.
Let’s dive into the campaign’s details, how you can participate, and the steps required to qualify for the rewards.
What is Yes Coin?
Yes Coin is a cryptocurrency that has been generating attention through its mining platform and Web3 partnerships.
It offers two types of coins—one with a yellow logo, which has gained traction, and another with a white logo, which is less popular due to its lower utility.
Yes Coin has built a large community, boasting 4.1 million followers on Twitter, with backing from several leading projects like OKX Wallet, Blum Project, and T Project.
Yes Coin’s Partnership with Binance
Yes Coin is running an exclusive campaign with Binance Web3 Wallet from October 15 to October 29, 2024.
Participants have the opportunity to earn rewards from a 20 billion Yes Coin pool.
However, this prize pool will be shared among all campaign participants, not distributed to a single individual.
How to Participate in the Campaign
Participation is simple and open to everyone who meets the requirements. Below are the steps to join the campaign and increase your chances of winning:
1. Install Binance Web3 Wallet
- Ensure you have the Binance app installed on your phone or tablet.
- Open the app and switch to the Web3 wallet section (this campaign is not available in the standard exchange section).
2. Deposit TON Coin for Gas Fees
- A small amount of TON Coin is needed to cover gas fees.
- Recommended amount: $0.1 to $0.2 (around 10-15 INR or 30-40 PKR).
3. Search for TA Ecosystem Campaign
- Go to the Discover section in the Binance Web3 Wallet and tap on TA Ecosystem Campaign.
4. Complete Tasks to Unlock Rewards
To qualify for the airdrop, you need to complete a few simple tasks:
- Follow Binance and Yes Coin on X (Twitter).
- Connect your Binance Web3 wallet to the campaign portal.
- Perform three check-in transactions using your Web3 wallet.
Step-by-Step Guide for Task Completion
- Follow Binance and Yes Coin on Twitter
- Log in to your Twitter account and follow both accounts.
- Go back to the campaign portal and authorize the action.
- Connect Web3 Wallet
- Open the Web3 section in the Binance app.
- Authorize the wallet connection.
- Complete Three Check-in Transactions
- Each check-in requires you to approve a transaction.
- The gas fees are minimal (less than 0.001 TON Coin).
- Repeat the check-in process three times to qualify for the rewards.
Additional Bonus Through Skins
If you have been using Yes Coin’s platform, you may have unlocked skins (such as OKX, Bybit, or BingX).
Having these skins provides extra bonuses, so ensure you’ve collected them. The Binance skin can be unlocked during this campaign by completing all tasks.
Also Read:
Xkucoin Telegram Mining Bot 2024: Airdrop, Withdrawal, and Mining Process
TAPSWAP Airdrop and Tappy Token Listing 2024: Updates .
Is It Worth Participating?
Participation in this campaign is optional, but it offers an exciting opportunity. If you already use Binance and can afford a small gas fee, taking part in the campaign could earn you extra Yes Coins.
FAQs about Yes Coin and Binance Campaign
1. What is Yes Coin?
Yes Coin is a cryptocurrency with two different logo variations—one in yellow and another in white. The white version is not recommended, while the yellow logo Yes Coin is considered more reliable and supported by multiple crypto projects.
2. What is the recent Yes Coin and Binance collaboration?
Yes Coin has partnered with Binance Web3 Wallet for a campaign running from October 15 to October 29. Participants in this campaign can earn a share from the 20 billion Yes Coin prize pool.
3. Is 20 billion Yes Coin a prize for one person?
No, the 20 billion Yes Coin will be distributed among multiple participants. It is not a single-user prize.
4. How do I participate in the campaign?
You need the Binance Web3 Wallet to participate. Follow these steps:
- Download or open the Binance App.
- Navigate to the Web3 Wallet section.
- Ensure you have Ton Coin to cover the gas fees (approximately $0.1 to $0.2).
- Search for the TA Ecosystem Campaign and join it by tapping the “Join Now” button.
- Complete the required tasks (following Yes Coin and Binance on Twitter, making transactions, etc.).
5. Is it mandatory to use Ton Coin for gas fees?
No, using Ton Coin is optional. It covers the transaction costs needed for some tasks. If you don’t want to participate in these specific activities, you can skip them.
6. What are the eligibility criteria for rewards?
Participants need to:
- Follow Binance and Yes Coin on Twitter (X).
- Connect the Binance Web3 Wallet.
- Complete three transaction check-ins via the wallet to become eligible for airdrop rewards.
7. What are the benefits of unlocking Binance skins in Yes Coin?
Unlocking the Binance skin in Yes Coin can offer additional bonuses. Participants are also encouraged to unlock other skins like OKX, Bybit, and BingX for further benefits.
8. How much Ton Coin do I need to deposit?
A deposit of around $0.1 to $0.2 worth of Ton Coin (approximately ₹10-15 INR or 30-40 PKR) is suggested to cover gas fees for transactions.
9. How long will this campaign run?
The campaign will end on October 29. Ensure you complete the tasks before the deadline to be eligible for rewards.
10. Is it safe to participate in this campaign?
Yes, it appears safe, given that the campaign is hosted on Binance Web3 Wallet and supported by multiple reputable crypto projects. However, always exercise caution and double-check wallet addresses before making any transactions.
11. What should I do if the transactions don’t go through?
If transactions fail, ensure you have enough Ton Coin in your wallet. Try re-following the Twitter accounts and reconnecting the wallet if needed.
12. Will Yes Coin be listed on Binance Exchange?
There is no official confirmation yet about a direct listing on Binance Exchange, but the collaboration with Binance Web3 Wallet increases the visibility and potential future value of Yes Coin.
13. What is the total prize pool worth in USD?
The exact USD value of the 20 billion Yes Coin depends on the current market rate. If the value of each Yes Coin fluctuates, the total worth can vary. Keep an eye on crypto market platforms to monitor its value in real time.
14. Can I participate in the campaign without using the Binance app?
No, participation requires access to the Binance Web3 Wallet, which is integrated within the Binance app. Ensure you have the latest version installed to join.
15. Is this campaign open to participants worldwide?
Yes, the campaign is open globally to all eligible participants. However, some restrictions may apply depending on your country’s crypto regulations. Always check if Binance services are available in your region.
16. How do I ensure my eligibility for the rewards?
To remain eligible:
- Complete all required tasks.
- Ensure the Web3 wallet is connected correctly.
- Follow the correct Twitter/X accounts (Binance and Yes Coin).
- Conduct at least three transactions during the campaign period.
17. Can I earn rewards more than once?
No, each participant is eligible for one share of the prize pool. Completing additional tasks will not increase your reward share but ensures you don’t miss out.
18. How will the rewards be distributed?
Rewards will be airdropped directly into your Binance Web3 Wallet after the campaign ends on October 29. Make sure your wallet remains active during the distribution period.
19. Are there transaction limits for this campaign?
There are no specific transaction limits, but participants need to complete at least three successful transactions to qualify for rewards.
20. Can I withdraw my Yes Coins immediately after receiving them?
Yes, you can withdraw or trade the Yes Coins based on the platform’s availability and market conditions. However, it is advisable to monitor the market for a favorable trading window.
21. What happens if I miss the deadline?
If you fail to complete the tasks by October 29, you will no longer be eligible for the reward distribution. There is no extension or second chance for missed deadlines.
22. Do I need to provide personal information to join?
No, the campaign only requires you to connect your Binance Web3 Wallet and follow Binance and Yes Coin on Twitter/X. You do not need to provide any personal information beyond these steps.
23. What if I don’t have Ton Coin?
If you don’t have Ton Coin to cover gas fees, you can purchase a small amount from Binance or other exchanges that support Ton Coin. Alternatively, you can participate in non-transactional tasks, although rewards may be limited.
24. What other wallets can I use apart from Binance Web3 Wallet?
This campaign is specifically designed for Binance Web3 Wallet users. You won’t be able to participate using external wallets like Metamask or Trust Wallet.
25. Is the Yes Coin campaign legitimate?
Yes, this campaign is legitimate and hosted through Binance’s platform, which ensures high security. However, always be cautious of phishing scams and only follow official campaign links.
26. Can I participate if I have multiple Binance accounts?
No, the campaign allows one participation per user. Using multiple accounts to join can result in disqualification.
27. How will I know if I’ve won a reward?
You will receive a notification through Binance when the rewards are airdropped to your Web3 Wallet. You can also monitor your wallet balance after October 29.
28. What if I encounter technical issues during the campaign?
For technical issues, try the following:
- Update your Binance app to the latest version.
- Clear app cache and restart the app.
- Contact Binance support if the problem persists.
29. What should I do if I accidentally follow the wrong Twitter account?
Ensure you follow the official Twitter/X accounts of Yes Coin and Binance. If you followed incorrect accounts, unfollow them and correct the mistake before the campaign ends.
30. Are there any taxes on the rewards?
Tax obligations on crypto rewards depend on local tax regulations. Participants are responsible for declaring and paying any taxes applicable in their jurisdiction.
Conclusion: Future Potential of Yes Coin
Yes Coin has shown potential with support from big players like Binance and OKX. While there’s no certainty about its long-term success, participating in campaigns like this one could offer early rewards.
If Yes Coin lists on more exchanges, the value could increase, providing potential profit to early adopters.
This is your chance to get involved in the cryptocurrency space with a promising project.
Take part in the campaign by following the steps mentioned, and who knows, you might walk away with a share of the 20 billion Yes Coin reward pool!