Binance x Open Loot Giveaway is expired
The Binance x Open Loot Giveaway airdrop has officially ended, marking another completed campaign in the expanding crypto rewards space. Participants who joined during the active period were able to claim $800K, distributed directly through verified smart contracts. While the claim window is now closed, this archived page remains available for reference, helping users understand how the token performed after launch and how similar airdrops might evolve in the future.
Airdrop summary
Was the airdrop real or a scam?
The Binance x Open Loot Giveaway was confirmed to be real and successfully executed. Eligible users who completed the official campaign tasks received Binance x Open Loot Giveaway tokens directly in their connected wallets. The claim process was verified through the project’s account and supported by multiple blockchain transaction proofs. Community feedback across Telegram and Discord remained largely positive, with no reports of phishing or distribution issues, confirming the campaign’s legitimacy.
How much did users actually receive from Binance x Open Loot Giveaway?
The token value of the project was $800K. Binance x Open Loot Giveaway total rewards for the airdrop was $800K
Lessons for future airdrops
The Binance x Open Loot Giveaway demonstrates the importance of evaluating token utility and post-launch strategy before claiming rewards. While the campaign itself was legitimate and transparent, participants faced rapid value depreciation due to early unlock schedules and limited ecosystem adoption. Future airdrop hunters should look for projects with clear long-term token use cases, vesting mechanisms, and public liquidity plans. Tracking verified campaigns on Freecoins24 remains one of the most reliable ways to avoid low-value or high-risk drops in the market.
Analyzing expired airdrops like Binance x Open Loot Giveaway provides valuable lessons for anyone exploring new campaigns. Evaluating distribution rules, vesting periods, and project transparency before claiming rewards can prevent disappointment after token listings. Freecoins24 continues to monitor both active and past airdrops to ensure the community has accurate data and trusted insights when deciding which opportunities to join next.
About Airdrop
Open Loot (OL) is a crypto token designed by Binance to enhance the user experience within its ecosystem. OL offers users an innovative way to interact with blockchain technology through Binance Wallet (Keyless) and Binance Alpha. The token serves as both a utility token for blockchain engagement and a reward system, allowing users to access exclusive token rewards and participate in exciting events.
With Open Loot, Binance users can easily trade, earn rewards, and participate in Binance Alpha‘s unique offerings. OL supports a wide variety of DeFi activities and helps users stay ahead in the crypto space by offering unique rewards for trading. Whether you’re a seasoned investor or a newcomer, Open Loot simplifies the experience by providing easy access to cryptocurrency transactions and reward incentives.
The Binance Open Loot Trading Competition is an exciting event where Binance users can earn rewards by trading Open Loot (OL) tokens during the promotion period. Binance Wallet (Keyless) and Binance Alpha users can join the competition to share in a prize pool worth $800K. From June 8, 2025, to June 22, 2025, traders can earn rewards by increasing their OL purchase volume on Binance Alpha or Binance Wallet (Keyless).
The top 10,000 participants will share 16,000,000 OL tokens equally, with each top participant earning 1,600 OL tokens. The competition has no volume cap, meaning there is no limit to how much OL you can trade to qualify for the rewards.
Follow our complete and simple step-by-step guide to participate!

Step-by-step guide
- Join Binance Open Loot Trading Competition
- Ensure that your Binance app is up to date and create a Binance Wallet (Keyless).
- Make sure your wallet is backed up.
- During the promotion period, trade OL tokens using Binance Wallet (Keyless) or Binance Alpha.
- The top 10,000 users by purchase volume will receive a portion of the 16,000,000 OL tokens prize pool.
- Rankings will be calculated after the promotion ends.
- Eligible winners will receive rewards in their Binance Alpha accounts by July 6, 2025.

