Binance, a renowned global cryptocurrency exchange, has launched the Movement (MOVE) token through its HODLer Airdrops program.
Movement (MOVE) is a Move-EVM Layer 2 solution that aims to improve the Ethereum environment. It adds the security characteristics of the Move programming language to Ethereum, providing developers and consumers with a more stable and scalable blockchain experience. MOVE Binance plans to make this revolutionary coin available through its HODLer Airdrops program and offer it for trading on its platform.
Key Details About MOVE Token
The MOVE token has a total supply of 10 billion tokens, with some of them dedicated to special activities such as airdrops and launchpools.
- Airdrop reward: 200 million MOVE (2% of total supply).
2. Circulating Supply at Launch: 2.25 billion MOVE (22.5 percent of total supply).
3. Launchpool Allocation: Launchpool will receive 5% of the total supply six months after the token is listed.
The cryptocurrency runs on the Ethereum blockchain and has a smart contract address issued by Binance for transparency. MOVE Binance provides a safe environment for its consumers by publishing research papers on the project, allowing them to make educated judgments.
Airdrop and Listing Information
Binance is awarding qualifying users with MOVE tokens as part of its HODLer Airdrops program. The essential dates for participation and trade are listed below:
- Airdrop Period
- Users that subscribed their BNB to Simple Earn Flexible or Locked products between December 2, 2024, 00:00 UTC and December 5, 2024, 23:59 UTC are eligible for the giveaway.
- Tokens will be issued to participants’ Spot Wallets one hour before the trading begins.
2. Listing Details
- Binance will make MOVE available for trading on December 9, 2024, at 13:00 UTC.
- The available trading pairs are MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY.
To maintain fairness, Binance limits incentives for each participant to 4% of their average BNB holdings in Simple Earn products.
What Are Binance HODLer Airdrops?
HODLer Airdrops is a Binance scheme that rewards loyal BNB holders. Users that have BNB in Simple Earn Flexible or Locked products are instantly eligible for airdrops, with no need for further action. MOVE Binance uses this program to make the MOVE token more accessible to the community.
Unlike other earning systems, HODLer Airdrops pay out incentives in reverse. Binance uses hourly snapshots of user balances over particular time periods to determine incentive eligibility. This strategy promotes fairness and simplicity, since customers benefit simply by storing their BNB in qualified products.
How to Participate in the MOVE Airdrop
To take advantage of the MOVE Binance airdrop, simply follow these steps:
Access Binance Earn: Visit to the Earn section and search for Simple Earn Flexible or Locked items.
Subscribe to Your BNB: Deposit your BNB into these goods between December 2 and 5, 2024.
Wait for distribution: Binance will allocate MOVE tokens based on your average balance after taking snapshots of your BNB holdings.
When the airdrop is over, you’ll find the MOVE tokens in your Spot Wallet, ready to trade.
Important Participation Rules
While MOVE Binance provides amazing potential, there are a few factors to consider:
- Users must go through KYC verification to qualify.
- Certain countries, including the United States, United Kingdom, Canada, Australia, and Russia, are barred from participating.
- BNB assets secured by Binance Loans are not eligible for awards.
- Participating in several airdrop initiatives may dilute the overall BNB allocation.
Binance has the right to exclude participants who mess with program code or breach the terms and conditions.
To know more about Binance’s other smart earn program, follow CoinMozo on X, we update quickly without failing!
Benefits of MOVE Binance Airdrops
MOVE Binance airdrops provide numerous benefits to participants:
Passive Rewards: Users gain MOVE tokens with no additional work.
Additional Benefits: BNB in Simple Earn products qualifies customers for additional prizes, like Launchpool and Megadrop.
Early Access: Eligible users obtain MOVE tokens before they become accessible for trade, providing them an advantage in the market.
The MOVE Binance project provides a fantastic opportunity for cryptocurrency enthusiasts to gain early access to the unique MOVE token. By participating in the HODLer Airdrops program, Binance users can earn easy rewards while also contributing to the expanding Move-EVM ecosystem.
If you already have BNB, subscribing to Simple Earn items is an easy method to claim your share of the airdrop. With its straightforward rules and user-friendly approach, MOVE Binance makes it simple for people to discover the potential of the MOVE cryptocurrency.
Prepare to embrace the future of Ethereum scalability with Movement (MOVE) and get the most out of your Binance experience today!
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