Blum Crypto is a crypto exchange with its native token. The exchange can be accessed from the Telegram mini app. The exchange presents a decent opportunity to earn free Blum tokens as passive income through many simple to-perform tasks. The project has a native token called Blum Points.
The Blum Crypto Exchange is backed by Binance, which is also expected to be the platform where Blum Point (Token) would be listed.
What is Blum Crypto?
Blum Crypto is a crypto exchange. It has an off-chain order book but an on-chain trade settlement, meaning all the transactions done on the exchange are permanently recorded. This helps users settle any discrepancies during the ordering process.
The exchange also gives users a way to earn passive income. Further, with the Blum exchange, users can earn high rewards through simple tasks like watching videos, following on social media, etc.
The exchange’s native token, Blum Points (BP), is expected to be minted on the Ton Blockchain. This is expected because the Blum exchange is a Telegram-based mini-app.
The Blum Exchange
The Blum Exchange was created to be simple and satisfy users’ needs.
The Blum exchange is accessed through Telegram’s Mini App, eliminating the need to install another crypto app. The Telegram mini app has been designed so simple that even a beginner can easily transact on it.
It offers an easy way of trading for multiple cryptocurrencies like memecoins, Layer-1 coins, Layer-2 coins, and newly launched cryptos.
The exchange currently supports over multiple blockchains, like Ethereum, Cosmos, Solana, Ton, BNB Chain, Elrond, Tron, Avalanche, and many others.
The Blum exchange also features local P2P trading, which allows users worldwide to trade on the platform.
Trade Using Blum Crypto Telegram App
Using Telegram to launch crypto projects has been an effective and user-friendly method for new projects. It’s easy and convenient to use; you may already have it installed on your mobile phone.
Step 1
To access the Blum Mini app on Telegram, follow the link to the channel and click on the “Launch App” button. Alternatively, you can search for the Blum exchange mini app on Telegram and select the channel below.
You then need to permit it to message you on Telegram.
Step 2
Once inside the mini-app, you will see a welcome screen. For signing in, you get 10 Blum points every day, and you can use three play passes to play in-app games and win more Blum points.
To receive the Bum Points, you need to collect them and connect your Telegram wallet to the Blum mini app.
Finish
Once you have done all this, i.e., you are done with the sign-up on Blum, you can now explore various ways to collect as many as 700 Blum Points on your first day.
Blum Points (BP)
Blum points are a trending way of rewarding platform users. Several successful crypto projects, such as the DOGS token, have been using them lately.
Users get small rewards, between 200 and 300 BP, for performing activities on the Blum Telegram app, such as signing up, checking socials, learning about Blum, mining crypto, inviting others, etc.
You can get these rewards for free with little or no funding. We checked the Blum Crypto app in total and saw that you will be charged very little even if you spend some money. Further, these are optional and only dent your rewards by a couple of thousand Blum Points.
Want more ways to earn crypto passive income? We have five proven and effective ways for you.
How to Earn Free Blum Points?
Blum Crypto has planned several ways to earn up to ten thousand BP easily. In our testing, we could easily reach 9500 BP without spending a penny. The activities to earn Blum are listed below.
Check Socials
You receive points each for checking Blum Crypto’s social media handles. There are six social media channels in total: Discord, Telegram, X.com, Facebook, Instagram, and YouTube.
One-Time Rewards
Video-watching rewards let you earn 200-250 Blum points each time, and on the X.com Quest, you earn 111 Blum Points.
- Secure Your Crypto
- Hard Forks Explained
- Analyze Crypto
- Ton Voices
- What’s a DAO
- Binance Labs Funding Accouncement (X.com)
Remember that each video has some passwords, which you must enter into the Blum mini app to earn the respective rewards. For example, the Secure Your Crypto video has three keywords: BEST, PROJECT, and EVER, which you need to enter to earn the 250 BP rewards for that video.
Open Leagues Quests
The Open Leagues Quests are rewarding activities from the TON ecosystem. Each week, many open league quest lets you earn more Blum Points. Some of them need you to have a premium Telegram account.
Blum Academy
A ton of activities on the Blum Academy allow you to earn more BP just by watching videos on the Blum Crypto’s YouTube channel.
What’s more interesting is that these can be done in a couple of hours. But if you watch videos faster than us, you can easily earn it within an hour.
Maximize your ability to earn free tokens. Decode how airdrops work with this guide?
Farming Blum Points
You can mine Blum Tokens on your Telegram app and earn up to 40 Blum Points by almost doing nothing. Just let the desktop or mobile run for that period.
In our case, we earned fifty Blum Points within the first one hour and thirty minutes.
Blum Tribe
Blum Tribes are groups on the Blum exchange that are similar to Telegram discussion channels. You can create your own Blum Tribe or join others.
After joining a tribe, you get two referral links: one for letting others join the tribe and another for encouraging people to join Blum. Both these activities grant you free Blum Points.
Blum Airdrop, Token Generation, and Token Listing
The Blum Airdrop has not been announced yet, but several pages, phishing websites, and accounts claim the Airdrop and the Token Generation / Token Listing events will occur around mid-October. Blum dismissed this with a tweet saying, “Not Yet.”
Blum Token Listing Price and Token Supply
Pre-sale price estimates of the Blum Token indicate a price of $0.16.
Blum Crypto’s total token supply is capped at 100 billion tokens.
Investing in pre-sale tokens? Beware of the common pitfalls.
Advantages and Disadvantages
The following advantages and disadvantages have been listed based on Droom Droom’s own usage of the platform and do not include any rumors or hearsay. To the best of our knowledge, all of the information provided here is genuine.
Advantages
Blum Crypto’s best advantage is that it is a very user-friendly platform that doesn’t require installing any other mobile app.
Further, earning rewards in Blum Points/Tokens is a rather easy task. Depending on the token’s value, Blum could let you earn up to 10000 Blum Points in the first week of your joining. Now, depending on the token value at listing, you could win a major amount if the token price is high enough after listing.
Another big thing is that there aren’t any quests that require you to be spending any considerable amount to be able to do them. Or even spend any high amount in trading to be able to participate in the Token Generation or Airdrop event.
Disadvantages
The first major disadvantage that Droom Droom saw on the Blum Crypto platform was that the mini app took us several seconds to load. This might be due to the initial visitor surge, and we hope the Blum team will soon address this.
The second disadvantage is that the mini app sometimes has a low load speed.
Frequently Asked Questions
Has Blum Crypto been listed yet?
No, Blum has not been listed yet, but we expect a listing soon on Binance as the exchange is a stakeholder in Blum.
How trustable is the Blum Airdrop?
Droom Droom will provide additional clarity on this when such announcements are made.
