Binance officially launched the CROSS Token with an attractive airdrop program specifically for users holding Binance Alpha Points.
Eligible users on Binance can exchange Alpha points to receive 500 CROSS Tokens within 24 hours after the transaction starts, following a first-come, first-served priority mechanism.
MAIN CONTENT
Binance is the first platform to support trading of the CROSS Token from July 4th.
The CROSS airdrop program is limited to users with at least 140 Binance Alpha points.
Each airdrop claim consumes 15 Alpha points and requires confirmation within 24 hours.
When and in what form did Binance launch the CROSS Token?
Binance officially announced the release of the CROSS Token on July 4th at 16:00 (Vietnam time). This is the first exchange to open this Token, creating investment opportunities right from the early days. The event is expected to bring liquidity and product diversity to the cryptocurrency market.
The launch of the CROSS Token on the world's largest exchange demonstrates strong trust and support from Binance – one of the leading companies in the cryptocurrency field with millions of users globally.
What is special about the participation conditions for the CROSS airdrop program?
The CROSS Token airdrop program at Binance applies a first-come, first-served priority mechanism, for users holding at least 140 Binance Alpha points. Each person is required to use 15 Alpha points to exchange for 500 CROSS Tokens.
This is a unique interaction method aimed at encouraging active participation from the community within the Binance ecosystem, while also providing direct benefits to loyal users.
"The issuance of the CROSS Token along with the airdrop program is an important step to expand the product line and promote sustainable development within the Binance system."
Changpeng Zhao, CEO of Binance, July 2024
What should users pay attention to when wanting to receive the CROSS Token airdrop?
Participants must confirm the request to receive the CROSS Token on the Alpha event page within 24 hours of the opening transaction, otherwise, they will lose the right to receive the Token. This ensures fairness and efficiency for the entire distribution process.
The requirement for confirmation also contributes to enhancing the interactive experience and affirming the user's ownership of the granted Tokens.
What distinguishes the CROSS Token from other airdrop Tokens on Binance?
The CROSS Token is introduced for exchange on Binance with the requirement of Binance Alpha points as a condition for receiving the airdrop, creating a new layer of interaction compared to traditional airdrops that only rely on the amount held or traded.
This mechanism not only stimulates active community participation but also increases the utility value of Binance Alpha Points, contributing to the development of a more diverse ecosystem.
Practical examples of the airdrop model according to Binance Alpha Points
At the CROSS launch event, users with at least 140 Alpha points can exchange points for Tokens within a limited time. This is a limited and competitive airdrop based on speed, increasing the appeal and excitement of the Token distribution activity.
Frequently Asked Questions
Who is eligible to receive the CROSS Token from Binance's airdrop?
Users with at least 140 Binance Alpha points are qualified to participate, according to Binance's official criteria.How many Alpha points are needed for each CROSS airdrop claim?
Each CROSS airdrop claim costs 15 Binance Alpha points and must be confirmed within 24 hours.How long does the CROSS Token airdrop last?
Users have 24 hours from the opening of the transaction to confirm their request for Tokens, if delayed, their right to receive will be canceled.Can the CROSS Token be traded immediately after listing?
Binance opened trading for CROSS on July 4th at 16:00 (Vietnam time), users can buy and sell immediately.What is Binance Alpha Points?
This is a reward point for users who actively interact with the Binance platform, used to exchange for benefits such as Token airdrops.
Source: https://tintucbitcoin.com/alpha-mo-giao-dich-cross-airdrop-diem/
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