Crypto

Binance Confirms Support for the ETHBNT Airdrop in Early 2020

For exchanges, supporting new tokens, forks, and token airdrops has become part of everyday operations. Binance users will be pleased to hear that the exchange will support the ETHBNT airdrop for Bancor holders. 

No one will ever say no to free airdrop tokens, even if they might not be all that valuable at first.

Another Airdrop for Binance Users

In a blog post, the Binance team explains how they will credit Bancor user balances with the ETHBNT token.

This airdrop is expected to occur in early January of 2020.

A snapshot of BNT held by Binance users will be taken on January 1st.

Based on that snapshot, the airdropped tokens will be distributed among members accordingly. 

Related Post

Considering how this airdrop represents 105 of the total market cap of BNT, there is a lot of good money to be collected.

For now, there is no official distribution number table, but that information will become available once the issuance has been completed. 

Anyone holding less than 5 BNT in their Binance account will not be able to participate in this airdrop. 

As far as the trading of ETHBNT is concerned, there is no official word on that either.

The blog post mentions how the pair will be reviewed for listing, similar to all other tokens.

This airdrop is no guarantee of ever seeing an ETHBNT trading pair on the exchange. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Top Crypto Picks for 2025: Best Coins and the Hottest Crypto Presale  

Top Crypto Picks For Maximum Growth and the Best Crypto Presale to Watch in 2025…

6 hours ago

Is FX Guys ($FXG) The Next Breakout Coin? Analysts Compare Its Prospect To Solana And Cardano Amid Market Dump

Cardano (ADA) and Solana (SOL) are facing bearish trends due to the overall market dump,…

8 hours ago

The 5 Best Crypto to Invest With BTFD Coin at the Forefront With Festive Deal

The crypto market is buzzing with energy again. Meme coins are back in the spotlight,…

8 hours ago

Insights on BDAG’s 2024 Wins, PEPE Technical Analysis & Aave Price Predictions

Best Crypto Presale — BlockDAG’s 2024 Wins Stack Up! PEPE Technical Analysis & Aave Price…

8 hours ago

Grab the 4 Best New Meme Coins to Invest in Today: Big Discounts, Bigger Gains with BTFD’s Festive Deal!

Imagine this: a market dip so juicy, it’s practically begging to be seized. For savvy…

8 hours ago

Web3Bay Takes E-commerce Further with Decentralized Innovation

Analysts Place Web3Bay at the Leading Edge of Web3 Development Over Chainlink & Polkadot  The…

12 hours ago