Binance Makes Major Announcement: Holders of Specific Altcoin to Receive Regular Airdrops
In a recent statement, cryptocurrency exchange Binance revealed that users who hold a certain altcoin will be eligible for airdrops.
Binance has introduced a new airdrop program called “HODLer Airdrop” for BNB holders. This program will reward users who participate in Simple Earn using their BNB assets with airdrop tokens.
These tokens will be distributed by projects with a significant circulating supply that are looking to be listed on Binance in the near future.
To take advantage of the HODLer Airdrops, users can visit the ‘Earn’ section on Binance and search for BNB. They can then subscribe to Simple Earn products (Flexible and/or Locked) using their BNB holdings.
Prior to the start of a new token airdrop, Binance will make an announcement. User balances and total pool balances will be recorded multiple times every hour to calculate the hourly average balances across Simple Earn products (Flexible and/or Locked).
For instance, for HODLer Airdrops on June 11, 2024, user balances from June 1 to June 7, 2024 will be considered for reward calculation.
Users who qualify will receive HODLer Airdrop rewards in their Spot Wallet within 24 hours of the announcement. The airdropped token will be automatically transferred to each user’s Spot Wallet before it is listed on Binance Spot.
Please note that this is not investment advice.
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