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Crypto News > Blog > News > Binance > Binance launches its third airdrop | Crypto News
Binance

Binance launches its third airdrop | Crypto News

Crypto
Last updated: 2024/12/09 at 11:22 AM
Crypto Published December 9, 2024
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Binance launches its third airdrop
 | Crypto News
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  • The airdrop will be distributed this Monday, December 9, and the MOVE token will be listed on the exchange.

  • 2% of the total MOVE token supply of 10 billion coins will be distributed.

Binance, through its Binance HODLer Airdrops program, will launch its third airdrop to reward users who are subscribed to BNB services, the Cryptocurrency created by that exchange.

According to the advertisementit is a airdrop which, starting this Monday, December 9, distributes the MOVE token, native to the Movement project. This asset is scheduled to be listed on the exchange and the tokens will be delivered to users subscribed to Binance’s Simple Earn, Flexible or Locked products.

Binance indicated that this is the third project to be launched in that program, which is “the first Move-EVM L2 for Ethereum, bringing the security features of Move to Ethereum,” according to the company.

Users who subscribed their BNB to Simple Earn, Flexible or Locked products from 2024/12/02 00:00 (UTC) to 2024/12/05 23:59 (UTC) they will get the airdrop distribution.

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It is estimated that the MOVE HODLer Airdrops page will be available later in the day. Also, that the new token is distributed to the users’ spot wallet before trading begins. Binance will then list MOVE and open trading with MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD and MOVE/TRY pairs.

The estimated rewards for HODLer Airdrops are 200,000,000 MOVE, which which represents 2% of the maximum token supply. The total supply is 10 billion MOVE tokens.

Currently, MOVE is trading at 61 cents, which represents a market capitalization of USD 1.3 billion thanks to a trading volume of USD 441 million in the first 90 minutes since it went live.

Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops. By subscribing BNB to Simple Earn, Flexible or Locked products, Users are automatically eligible for airdropsas well as for Launchpool and Megadrop rewards.

Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering an easy way to earn tokens and cryptocurrencies additional. By subscribing BNB to Simple Earn products, Users can automatically qualify for token rewards.

This program launched in June 2024as reported by CriptoNoticias, and it is an event that will distribute “a large supply of tokens” issued by small and medium-sized projects. Binance highlights that, in general, the cryptocurrencies that will be supplied through the airdrop are not yet listed within the exchange, but they will be listed soon.

This article was created using artificial intelligence and edited by a human Editor.

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