The new Binance “Learn and Earn” program has made it a priority to drive awareness of crypto and Blockchain across India due to the importance of its geography. India’s decision to levy heavy taxes on crypto investors has become an area of concern for multiple stakeholders, making it necessary to widespread the adoption of crypto.
The crypto exchange said that they have recognised the importance of investor education and have set several educational initiatives to empower crypto investors in India. Binance aims to provide open access to Blockchain and crypto learning through three key educational initiatives to fast-track educating Indian investors.
“At Binance, we believe in financial freedom through crypto adoption. India has one of the largest populations in the world with a median age of 28. This represents a huge opportunity for us to play our role in educating the future innovators and builders of India, especially students, and equip them with the relevant Blockchain and crypto knowledge to build a path towards financial freedom,” says Leon Foong, head of APAC at Binance.
A long-standing crypto educator in India, Raza Kashif, has stated that “Along with providing certificates issued over blockchain by Binance NFT to all attendees, select winners will receive grand giveaways in Bitcoin and Binance Coin (BNB).” Kashif also recommended fellow Indians to educate themselves about the crypto ecosystem before making investments: “Learn first and then think of earning.” He also introduced “the lack of enough platforms providing education in a simplified manner”, as another problematic factor in the area.
“Blockchain for Good”, a platform for college students to come up with solutions for making crypto more accessible and inclusive by teaching the basic concepts of blockchain and crypto while demystifying myths related. Binance has also partnered with India-based crypto influencers and educators to host a free webinar named ‘Crypto for All’ on May 1.