Binance to List Nillion (NIL) Token on March 24, 2025

Binance has announced the listing of Nillion (NIL) as the 65th project on its Launchpool platform. Trading for the NIL token is set to commence on March 24, 2025, at 13:00 UTC. The announcement, made here, emphasizes that any claims of offering the token before this date may be false advertising.

Nillion is a decentralized network that utilizes blind computing to ensure secure data processing and storage while maintaining user privacy. The Launchpool will allow users to lock BNB, FDUSD, and USDC to receive NIL airdrops over a three-day farming period starting March 21, 2025, at 00:00 UTC.

Launchpool Details and Trading Pairs

The NIL token will be available for trading in pairs with USDT, BNB, FDUSD, USDC, and TRY. The total token supply is set at 1 billion NIL, with an initial circulating supply of 195.15 million NIL at the time of listing. The Launchpool will distribute 35 million NIL, representing 3.5% of the total token supply, as rewards.

Users participating in the Launchpool will need to complete Binance’s KYC process. The farming period will distribute daily rewards across different pools, with the BNB pool offering the majority of the rewards. Users can lock their tokens in one pool at a time and will be able to unlock their funds without delay.

Participation and Eligibility

Participation in the Launchpool is subject to regional eligibility, with certain countries excluded from participating. These include the United States, Canada, Australia, and several others. Binance reserves the right to amend or cancel the announcement at any time.

Users are advised to upgrade their Binance app to version 2.89.0 or above to participate. The platform will provide real-time updates on each pool’s annual percentage yield and total balance. Additionally, Spot Algo Orders will be enabled for the trading pairs at the time of listing, with Trading Bots and Spot Copy Trading to follow within 24 hours.

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