KEY TAKEAWAYS
- Binance introduces Movement (MOVE) as the third project on its Airdrops Portal, enhancing Ethereum with Move’s security features.
- MOVE token will be listed on Binance on December 9, 2024, with multiple trading pairs including MOVE/BTC and MOVE/USDT.
- 200 million MOVE tokens are allocated for HODLer Airdrops, with a total supply of 10 billion tokens.
- Participation in Binance HODLer Airdrops requires BNB subscription to Simple Earn products, with certain regions excluded from eligibility.
Binance has announced the inclusion of Movement (MOVE) as the third project on its Airdrops Portal. Movement is recognized as the first Move-EVM Layer 2 (L2) for Ethereum, integrating Move’s security features into the Ethereum network. The announcement was made here.
Users who subscribed their BNB to Simple Earn Flexible or Locked products between December 2, 2024, and December 5, 2024, will receive the MOVE airdrop distribution. The MOVE HODLer Airdrops page is expected to be available shortly, with the new token distributed to users’ Spot Wallets one hour before trading begins.
MOVE Token Listing and Trading Details
Binance plans to list MOVE on December 9, 2024, at 13:00 UTC. Trading pairs will include MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY. The token will carry a seed tag upon listing.
The total and maximum token supply for MOVE is set at 10 billion, with 200 million MOVE (2% of the maximum supply) allocated for HODLer Airdrops. An additional 5% of the total token supply will be allocated to Launchpool six months after the spot listing. Upon listing, the circulating supply will be 2.25 billion MOVE, representing 22.5% of the maximum token supply.
Understanding Binance HODLer Airdrops
Binance HODLer Airdrops is a program designed to reward BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn Flexible or Locked products, users automatically become eligible for HODLer Airdrops, as well as Launchpool and Megadrop rewards.
To participate, users must subscribe to Simple Earn products with their BNB holdings. Binance will take multiple snapshots of user balances to calculate rewards, which will be distributed to eligible users’ Spot Wallets within 24 hours after the airdrop announcement.
Participation is subject to eligibility based on the user’s country or region of residence. Certain regions, including the United States, United Kingdom, and others, are excluded from participating in the MOVE HODLer Airdrops.
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