NewsletterBinance Reveals Major Update On Sign Airdrop: Details
Highlights
- Binance has added SIGN as the 16th project on its HODLer Airdrops platform.
- The CEX will list the SIGN token shortly ahead, with the total circulating supply on Binance being 1.2 billion tokens.
- SIGN is a global infrastructure for credential verification and token distributions.
Cryptocurrency exchange Binance has once again caused a market stir by uncurtaining the 16th project on its HODLer Airdrops platform this Friday. The centralized exchange revealed via an official announcement that it is adding support for Sign (SIGN), a global protocol for credential verification and token distributions. Mentioned below are some of the key details for this token airdrop that users should know. Whilst the exchange has also revealed a listing for the same, igniting a market buzz.
Binance Reveals SIGN HODLer Airdrops Details; Here’s All To Know
An official Binance press release dated April 25 revealed that the CEX giant is extending support for the SIGN airdrop. Users who subscribed their BNB to Simple Earn and Chain Yield products from April 15 to April 19 remain poised to partake in this event.
The CEX further revealed that more details on this token airdrop will be available in the next 12 hours. SIGN tokens are to be distributed to users’ spot accounts at least 1 hour before trading commences.
Intriguingly, Binance revealed that it will list the SIGN token on April 28 at 11:00 UTC. This crypto will be available in numerous trading pairs, pegged to USDT, USDC, BNB, FDUSD, and TRY.
Further, the exchange forged ahead by applying the seed tag next to the asset. This tag mainly indicates high risk and volatility concerns surrounding new crypto projects.
As per the announcement, the total token supply for SIGN remains at 10 billion coins. The HODLer Airdrop event will consist of rewards worth 2% of the token’s supply, 200 million coins.
An additional 150 million tokens, worth 1.5% of the total supply, will be allocated towards marketing campaigns 3 months post-listing. Further details on this update will be provided shortly ahead, as per the announcement.
The token’s circulating supply upon Binance listing will be 1.2 billion SIGN. Altogether, this new offering by the top crypto exchange has promptly gained significant traction, offering users emerging opportunities to capitalize on.
On the other hand, CoinGape reported some other looming crypto airdrops for this year, including MemeFi, Etherfi, and TapSwap, among many others.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Robinhood Expands Prediction Market Reach With Launch of New Derivatives Platform
- Experts Turn Bullish on Zcash as Reliance Global Dumps BTC, ETH, ADA for ZEC
- NYSE Arca Clears Bitwise Dogecoin ETF for Trading Today After Grayscale’s Slow Start
- Franklin Templeton Submits Final SEC Filing for Solana ETF Following XRP ETF Success
- Breaking: Bitcoin Gains State Adoption as Texas Becomes First U.S. State to Purchase BTC
- Solana Price Prediction as ETF Inflows Hit $621M After 21 Days
- Monad Price Prediction Amid Mainnet Debut — Is a Bigger Breakout Ahead?
- Chainlink Price Could Soar to $15 as ETF Listing Nears
- Will Cardano Price Rebound as Hoskinson Hints at a TVL Surge After Midnight Launch?
- Ethereum Price Holds $2,900 Amid Massive ETF Inflows and BlackRock Purchase
- Sui Price Surges 12%: Could This Mark the Start of a Bullish Trend?
