Binance Launches Binance Learn and Earn Educational Program – Bits Media

Cryptocurrency exchange Binance launched educational initiative Binance Learn and Earn, with which users will be able to earn cryptocurrencies, Performing tasks on the topic of blockchain and cryptocurrencies.

The Binance website states, what with 25 March this opportunity will be available for exchange clients, who have passed the KYC procedure ("Know your client"). They will be able to read articles about cryptocurrencies, watch educational videos and take quizzes.

Subject to successful course completion or test completion, they can receive a certain amount of crypto assets as a reward. Awards will be given to "students", who passed the quiz, within two hours. The platform statement states, that the number of crypto assets is limited, and they will be distributed in order of priority.

“Cryptocurrencies are changing the world. You already know about GameFi, where do people earn money, playing games. Now we have introduced the EduFi program, where people can earn money, learning. We intend to provide our users with effective tools, with which they can better understand the principles of blockchain and cryptocurrencies. As a result, people will be able to make more informed investment decisions.", – said Binance CEO Changpeng Zhao (Changpeng Zhao).

Zhao had previously stated, that even billionaire Warren Buffett (Warren Buffett) lack of knowledge and skills, to safely invest in crypto assets. Binance Smart Chain Ecosystem Coordinator (BSC) Sami Kareem (Both Karim) also thinks, that increasing the literacy of users in the field of cryptocurrencies will protect them from erroneous transactions and hacks, as people will pay more attention to the security of their funds.

Other organizations are also talking about the need to study the digital assets industry. for instance, Last year, the Ethereum Foundation announced the creation of a fund of $1 million to support educational programs and developers.