Binance, the leading cryptocurrency exchange globally, has unveiled a new airdrop dedicated to the MOVE token, a significant addition to its airdrop offerings. This announcement comes shortly after the platform established its airdrop portal, which aims to facilitate participation in various projects for its users.
What are the Key Features of the Airdrop?
The airdrop targets holders of the Movement (MOVE) token, which is the inaugural Move-EVM Layer 2 solution designed to enhance Ethereum’s security features. Users can qualify for the airdrop by engaging with Simple Earn Flexible or Locked products between December 2, 2024, and December 5, 2024.
How Can Users Participate in This Airdrop?
To participate, eligible users must subscribe to specific Binance products within the given timeframe. The airdrop distribution page for MOVE is anticipated to be live within hours, with users receiving their tokens an hour prior to trading commencement.
Notable details regarding the airdrop include:
- 2% of the total maximum supply of MOVE tokens will be distributed through this airdrop.
- The maximum supply of MOVE is set at 10 billion tokens.
- 5% of the total supply will be available through Launchpool six months post-listing.
Trading for MOVE is set to begin on December 9, 2024, with multiple trading pairs available, enhancing accessibility for users eager to engage with this new token.