Binance Reveals Major Update On Sign Airdrop: Details

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.