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COINTURK NEWS > Binance > Binance Introduces Exciting Airdrop for New Babylon (BABY) Coin Holders
Binance

Binance Introduces Exciting Airdrop for New Babylon (BABY) Coin Holders

In Brief

  • Binance announces the listing of Babylon (BABY) on April 10, 2025.

  • The HODLer Airdrop will distribute 75 million BABY coins to eligible users.

  • Users must hold BNB to participate in the airdrop program.

Ömer Ergin
Ömer Ergin 1 month ago
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Binance has unveiled a new altcoin, Babylon (BABY), as part of its HODLer Airdrops program targeting BNB coin holders. The project stands out with its BTC staking infrastructure, which allows users to maintain their assets on the Bitcoin $103,795 network. It aims to enhance the security of Proof of Stake (PoS) blockchains, offering a unique proposition in the cryptocurrency space.

Contents
Details of BABY Coin’s Binance ListingBabylon Supply, Distribution, and Airdrop Participation Details

Details of BABY Coin’s Binance Listing

Babylon (BABY) is set to be listed on Binance on April 10, 2025, at 1:00 PM (UTC). Users will have the opportunity to trade BABY coin against various pairs, including USDT, USDC, BNB, FDUSD, and TRY. Marked with a “seed tag,” this altcoin will indicate its position as an early-stage project, allowing users to understand its developmental phase.

Deposits for BABY will become available approximately six hours after listing. Users can transfer their coins to the exchange during this time. Additionally, Spot Algo Orders will be activated with the commencement of trading, while trading bots and copy trading features will be accessible within 24 hours. The distribution of BABY as part of the HODLer Airdrops will complete at least one hour before trading begins.

Babylon Supply, Distribution, and Airdrop Participation Details

The initial total supply of Babylon is set at 10 billion BABY coins, which is expected to increase over time. An annual inflation rate of 8% is projected for the first year, with subsequent rates determined by community governance. At the time of listing, the total supply will rise to 10.15 billion BABY, with approximately 2.294 billion BABY in circulation, representing 22.9% of the total supply.

Binance Altcoin Babylon (BABY) Listing and Airdrop

As part of the Airdrop, Binance will distribute 75 million BABY coins, constituting 0.75% of the total supply. Additionally, 121 million 600 thousand BABY will be allocated for marketing campaigns six months later.

For Binance HODLer Airdrops, users’ past BNB holdings are utilized. This system allows users to earn rewards simply by holding BNB coins without any additional actions required.

To qualify for rewards, users must invest in BNB through Simple Earn (either flexible or locked) or On-Chain Yields products. However, certain countries and regions, including Australia, Canada, the USA, Japan, and Russia, are excluded from participating in this program, and accounts without KYC verification will not be eligible for reward distributions.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 9 April, 2025 - 12:19 pm 9 April, 2025 - 12:19 pm
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