Binance, a well-known cryptocurrency exchange, has announced the simultaneous launch of three significant educational programs aimed at informing Indian investors and students about the cryptocurrency and blockchain ecosystem.

While acknowledging the significance of investor understanding of crypto and blockchain, Binance specifically stressed that Indian authorities and politicians identify a lack of education as a source of worry, which is presently preventing crypto adoption.

One of Binance’s three educational efforts, aimed mostly at the Indian student audience, is the introduction of the “Blockchain for Good” ideathon, a forum for college students to come up with solutions for making crypto more accessible and inclusive.

On May 1, Binance will hold a free webinar called Crypto for All with India-based crypto influencers and educators such as Neha Nagar, Aditya Saini, and Kashif Raza. According to the official statement, the crypto influencers will focus on educating the fundamental ideas of blockchain and cryptocurrency while debunking crypto trading myths:

“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).”

“The major roadblock in the current crypto education system is that there are not enough platforms providing education in a simplified manner,” said Kashif Raza, creator of Bitinning. He also emphasized the importance of providing educational information in a variety of languages in order to serve India’s varied population.

The newly announced Learn and Earn program, Binance’s third project, allows users to earn cryptocurrency while learning about the crypto and blockchain ecosystem. As a long-time crypto instructor in India, Raza emphasized the importance of Binance Academy in keeping up with the newest educational information.

Binance has also reportedly teamed with the Indian Institute of Technology Delhi (IIT Delhi) as a title sponsor for their cultural festival Rendezvous to demonstrate use cases such as nonfungible token (NFT) tickets and certificates, fan tokens, and the proof-of-attendance protocol (POAP).

Finally, Raza advised fellow Indians to educate themselves about the cryptocurrency environment before investing to ‘learn first and then thinking of earning.’

While in some ways counterproductive, India’s move to slap high taxes on crypto investors has provided some clarity about the government’s position on the nascent industry.

Coinbase Ventures, the investment arm of Coinbase, held an in-person pitching event in Bangalore, India, in early April, with ambitions to invest $1 million in a variety of Indian cryptocurrencies and Web3 ventures.

Coinbase CEO Brian Armstrong also reportedly announced a collaboration with Buidlers Tribe to tap into India’s IT expertise and assist speed India’s economic and financial inclusion aspirations.