Binance Announces HODLer Airdrops for BNB Holders

Binance,
the
world’s
leading
cryptocurrency
exchange,
has
announced
the
launch
of
HODLer
Airdrops
exclusively
for
BNB
holders.
According
to

Binance,
users
who
subscribe
to
Simple
Earn
using
BNB
will
receive
airdropped
tokens
issued
by
projects
with
a
large
token
circulating
supply
that
intend
to
soon
list
on
the
platform.

How
to
Benefit
from
HODLer
Airdrops

To
participate,
users
need
to
subscribe
to
Simple
Earn
products
(both
Flexible
and
Locked)
with
their
BNB
holdings.
Binance
will
announce
the
start
of
a
HODLer
Airdrop
for
new
tokens,
after
which
snapshots
of
user
balances
and
total
pool
balances
will
be
taken
multiple
times
every
hour
to
calculate
users’
hourly
average
balances
in
Simple
Earn
products.
Rewards
will
be
distributed
to
eligible
users’
Spot
Wallets
within
24
hours
after
the
HODLer
Airdrop
is
announced.

Key
Participation
Requirements

Users
must
complete
account
verification
(KYC)
and
be
from
an
eligible
jurisdiction
to
participate
in
HODLer
Airdrops.
There
is
also
a
hard
BNB
holding
calculation
limit
per
user,
which
will
be
specified
in
each
HODLer
Airdrop
announcement.
Sub-accounts
are
eligible
to
participate,
and
their
balances
will
be
calculated
separately
from
the
master
account.

The
airdrop
tokens
will
be
automatically
transferred
to
each
user’s
Spot
Wallet
before
the
token
lists
on
Binance
Spot.
If
multiple
HODLer
Airdrop
projects
run
concurrently,
users’
BNB
assets
in
Simple
Earn
products
will
be
allocated
across
those
projects
unless
otherwise
specified.
However,
BNB
assets
collateralized
against
Binance
Loans
(Flexible
Rate)
are
not
eligible
for
HODLer
Airdrop
rewards.

Additional
Benefits

BNB
subscribed
to
Simple
Earn
products
will
still
provide
users
with
standard
benefits
such
as
Launchpool
and
Megadrop
eligibility,
as
well
as
VIP
benefits.
Participation
in
HODLer
Airdrops
is
subject
to
eligibility
based
on
the
user’s
country
or
region
of
residence.

Binance
reserves
the
right
to
amend
or
cancel
this
announcement
at
any
time
and
for
any
reason
without
prior
notice.
Users
are
encouraged
to
carefully
consider
their
investment
experience,
financial
situation,
investment
objectives,
and
risk
tolerance
before
participating.

Image
source:
Shutterstock