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Binance is launching a novel earning opportunity for its users through the introduction of THE coin, a key asset linked to a decentralized exchange and liquidity platform on the BNB Chain. This initiative will unfold via the Binance HODLer AirDrop Portal, allowing BNB holders who engage in Simple Earn products to receive the coin without any cost.
What Are the Requirements for the AirDrop?
The THE coin is set to be listed on November 27, with trading pairs including THE/BTC, THE/USDT, and others. Users must deposit their BNB balances into Simple Earn’s flexible or locked products between November 6 and November 13 to qualify for the AirDrop.
How Does the AirDrop Work?
During the specified period, Binance will determine AirDrop rewards based on hourly average BNB balances calculated from randomly selected snapshots. Users will see their rewards credited to their spot wallets within 24 hours of the announcement.
A total of 21,750,000 THE coins, representing 7% of its maximum supply, will be shared through this AirDrop. Participants can earn additional profits passively by holding onto their BNB, making this an attractive opportunity for users.
Highlights of the Binance AirDrop include:
- 21.75 million THE coins distributed to users.
- No trading required to qualify for rewards.
- Encouragement to hold high-yield cryptocurrencies.
- User-friendly participation through Binance’s platform.
This initiative by Binance presents a straightforward method for users to increase their earnings while promoting a culture of holding valuable cryptocurrencies. With simple participation requirements, it allows users to benefit from their past investments effortlessly.