Bittime - Binance, one of the largest crypto exchanges in the world, has announced the launch of HODLer Airdrops, an exclusive campaign for BNB holders who are currently subscribed to the Simple Earn program. This initiative will reward tokens from projects that have a large supply of tokens and plan to be listed on Binance soon.
According to Binance's announcement, the campaign aims to engage small to medium-sized projects that have strong fundamentals, a large circulating supply, and an organic community. The exchange will post an announcement before each HODLer Airdrop begins, detailing the specifications of the token distribution.
BNB Airdrop Mechanism
Binance will take multiple snapshots of the user's balance and the total pool balance every hour to calculate the average hourly balance in the Simple Earn product. A historical snapshot of the user's balance in a random period will be used to calculate the user's rewards. For example, the reward for the airdrop on June 11, 2024, can use snapshots taken from June 1 to June 7, 2024.
Eligible users will receive their airdrop rewards in their Spot Wallet within 24 hours of the airdrop announcement. Participants must complete account verification (KYC) and be in an eligible jurisdiction.
Check the Crypto Market Today:
BNB Ownership Limit
There is a maximum BNB holding calculation limit per user, which will be announced for each airdrop. Sub-accounts are eligible, with snapshots taken separately from the master account.
The airdrop tokens will be transferred to the user's Spot Wallet before being listed on Binance Spot. If multiple airdrops run at the same time, users' BNB assets in the Simple Earn product will be allocated to those projects unless otherwise stated.
How to Buy Crypto:
Guaranteed Binance Loans
Binance noted that BNB pledged against Binance Loans (Flexible Rate) will not be eligible for the airdrop rewards. However, users who subscribe to Simple Earn products will continue to receive standard BNB benefits, including Launchpool and Megadrop eligibility.
Conclusion
With these HODLer Airdrops, Binance reinforces its commitment to supporting promising projects while providing added value for BNB holders. The campaign is expected to increase community participation and expand the crypto ecosystem as a whole.
Check Crypto Price Today:
How to Buy BNB Coin (BNB) on Bittime
You can buy and sell BNB Coin (BNB) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered with Bappebti.
BNB Coin (BNB) is available on Bittime with the BNB/IDR market pair. To be able to buy BNB IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have a sufficient balance by depositing a certain amount of funds into the wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can only buy crypto assets on the application.
Learn the complete guide on how to buy BNB Coin (BNB) on Bittime.
Monitor the price chart movements of BNB Coin (BNB), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Solana Staking is More Profitable with SAM: Marinade's SOL Token Auction Platform
io.net Working on RWA with Compute Labs, IO Coin Price Rises!
AI Token Price Skyrockets after Nvidia Surpasses Microsoft and Apple!
DISCLAIMER: This article is informational and does not constitute an offer or solicitation to sell or buy any crypto assets. Crypto asset trading is a high-risk activity. The price of crypto assets is volatile, where prices can change significantly over time and Bittime is not responsible for changes in fluctuations in the exchange rate of crypto assets.
Comments
0 comments
Please sign in to leave a comment.