How To Get Binance NFT Airdrop: Important Updates To APENFT NFT Airdrop Program
How To Get Binance NFT Airdrop: Important Updates To APENFT NFT Airdrop Program
Photo Credit: BSC News
How To Get Binance NFT Airdrop: Important Updates To APENFT NFT Airdrop Program
Brand News Day Nigeria has gathered that the popular Cryptocurrency Platform, Binancehas released Important Updates to the APENFT NFT Airdrop Program (2022-02-10) alongside information about Binance NFT Airdrop. .
According to Binance, the APENFT foundation has published the latest update on the APENFT (NFT) airdrop program. NFT will be airdropped to both BitTorrent OLD (BTTOLD) and BitTorrent (BTTC) holders, in addition to TRON (TRX), JUST (JST) and WINkLink (WIN) holders on a monthly basis.
The snapshots for the airdrop still take place at 12:00:00 (UTC) on the 10th of each month from June 2021 to June 2023.
Binance NFT Airdrop Statement on NFT Airdrop reads:
Fellow Binancians,
The APENFT foundation has published the latest update on the APENFT (NFT) airdrop program. NFT will be airdropped to both BitTorrent OLD (BTTOLD) and BitTorrent (BTTC) holders, in addition to TRON (TRX), JUST (JST) and WINkLink (WIN) holders on a monthly basis. The snapshots for the airdrop still take place at 12:00:00 (UTC) on the 10th of each month from June 2021 to June 2023.
How To Get Binance NFT Airdrop: Important Updates To APENFT NFT Airdrop Program
How To Get Binance NFT Airdrop: Important Updates To APENFT NFT Airdrop Program Photo Credit: BSC News
Further details about this change are shown below:
The update takes effect from 2022-02-10 at 12:00:00 (UTC), and completes on 2023-06-10 at 12:00:00 (UTC).
Binance will take a snapshot of TRX, BTTOLD, BTTC, JST and WIN tokens held by Binance users at the above time, and will distribute NFT tokens based on the formula as follows:
NFT claimed by TRX holder A = (Amount of TRX held by TRX holder A at the snapshot time / Total amount of TRX held by the exchange at the snapshot time) * Total NFT airdropped to Binance from holding TRX.
NFT claimed by BTTOLD holder A = (Amount of BTTOLD held by BTTOLD holder A at the snapshot time / Total amount of BTTOLD held by the exchange at the snapshot time) * Total NFT airdropped to Binance from holding BTTOLD.
NFT claimed by BTTC holder A = (Amount of BTTC held by BTTC holder A at the snapshot time / Total amount of BTTC held by the exchange at the snapshot time) * Total NFT airdropped to Binance from holding BTTC.
NFT claimed by JST holder A = (Amount of JST held by JST holder A at the snapshot time / Total amount of JST held by the exchange at the snapshot time) * Total NFT airdropped to Binance from holding JST.
NFT claimed by WIN holder A = (Amount of WIN held by WIN holder A at the snapshot time / Total amount of WIN held by the exchange at the snapshot time) * Total NFT airdropped to Binance from holding WIN.
TRX, BTTOLD, BTTC, JST and WIN tokens that are pending deposit or withdrawal at the time of the snapshot will not count toward your TRX, BTTOLD, BTTC, JST and WIN balances. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
In order to be eligible to receive the NFT airdrop, at the snapshot time, each user needs to have a minimum holding of (including those in pending trade orders):
100 TRX
Or 2,000,000 BTTC
Or 2,000 BTTOLD
Or 100 JST
Or 15,000 WIN
The snapshots will include TRX, BTTOLD, BTTC, JST and WIN balances in Spot wallets, Margin accounts, Savings accounts, Staking accounts and Coin-Margined Futures wallets, but exclude USDT-Margined Futures wallets. Undistributed TRX, BTTC, JST and WIN interest payments will not be included.
TRX, BTTC, JST and WIN borrowed from Margin or Crypto Loans, or TRX, BTTC, JST and WIN transferred to Spot wallets from these accounts, will not count toward the airdrop threshold.
For the trading and listing of NFT on Binance, NFT will go through the same strict listing review process as Binance does for any other coin/token. Supporting this airdrop does not guarantee the listing of NFT. Binance does not guarantee any listings as per our internal policy.
Binance will distribute the NFT tokens on a monthly basis after the project completes the NFT token distribution to exchanges. We will post a further announcement once the distribution to Binance users is completed.
U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. For more information, please refer to Binance Terms of Use.