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Business

Binance to Focus on Investor Education in India to Drive Awareness of Crypto and Blockchain

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Last updated: Apr 30, 2022, 08:03 IST
By Ankur Sharma
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Binance to Focus on Investor Education in India to Drive Awareness of Crypto and Blockchain
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April 30, 2022, New Delhi: Binance, the global blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange, has announced several educational initiatives to empower investors in India. Binance recognises the importance of investor education and has made it a priority to drive awareness of crypto and blockchain across India. Given the growth witnessed by crypto in India and the strategic importance of the geography, investor education has been an area of concern for multiple stakeholders including regulators and policymakers.

Binance is committed to building awareness around blockchain technology and cryptocurrency among primarily the student community. Through three key educational initiatives, Binance aims to provide open access to blockchain and crypto learnings.

As a follow up to the Binance Campus BUIDLers Programthat was launched in October 2021, Binance has recently partnered with Inter Institutional Inclusive Innovation Centre (i4c) to initiate the ‘Blockchain for Good’ Ideathon, that provides a platform to students across Indian colleges to come up with solutions that would make the blockchain space more inclusive and accessible for all.

Binance recently launched its Learn and Earn programon Binance Academy that incentivises learning by allowing users to earn crypto while gaining knowledge about important topics across the blockchain industry.

Binance is hosting a webinar that is free and open for everybody named ‘Crypto for All’ on the 1st May at 6 pm IST, where major finance influencers including Neha Nagar,  Aditya Saini, and Kashif Raza will be teaching the basic concepts of Blockchain and crypto, while demystifying myths around crypto trading. 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).

Leon Foong, Head of APAC at Binance said, “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. Today’s generation also plays a significant role in imparting technology-related knowledge to their elders and play a crucial role as blockchain advocates. With Binance’s vast resource of academy content and our Learn and Earn program, we hope to create the right incentives for users to do more thorough research and make better informed investment decisions.”

Binance aims to create further courses to enable students to define their own career and entrepreneurial futures in the blockchain industry. These skills will be crucial in helping the future generation navigate the new world of web3.0 and smart contracts.

As an extension of its commitment to the student community, Binance had partnered with IIT Delhi as a title sponsor for its cultural fest Rendezvous. It showcased interesting use cases of blockchain technology ranging from NFT tickets, certificates, Fan tokens, POAP, and more during the fest.

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