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The cryptocurrency exchange Binance presents a new earning opportunity for its users. The exchange announced the THE coin, which is the mainnet asset of a decentralized exchange (DEX) and liquidity platform built on the BNB Chain and opBNB, through the Binance HODLer AirDrop Portal. The coin will be distributed free of charge to BNB holders who participate in Simple Earn products.
Conditions for Participation in the HODLer AirDrop Program
Binance revealed that the THE coin will be listed on November 27. It will be available for trading with pairs THE/BTC, THE/USDT, THE/BNB, THE/FDUSD, and THE/TRY.
From November 6 to November 13, users who deposit their BNB balances into Simple Earn flexible or locked products will benefit from this AirDrop. Binance will calculate the hourly average values of users’ BNB balances during this program. This calculation will be made using randomly selected snapshots, determining the AirDrop rewards based on users’ average balances. Rewards will be transferred to users’ spot wallets within 24 hours following the announcement of the distribution.
A total of 21 million 750 thousand THE coins, which represent 7% of the maximum supply, will be distributed through the AirDrop. Users will have the opportunity to earn additional profits without performing any transactions.
More Earning Opportunities with Binance HODLer AirDrop
The Binance HODLer AirDrop stands out as a program that rewards BNB holders. Users can participate in the program simply by depositing their BNB into Simple Earn products. The program distributes rewards based on the snapshots of users’ previous BNB balances, allowing users to be retroactively rewarded for their past investments.
The model offers an easy and passive way to earn profits. It specifically encourages holding high-yield cryptocurrencies. Users only need to follow a few simple steps to participate, and the process becomes even easier with Binance’s user-friendly platform.
