Binance presents Sign (SIGN) - the sixteenth cryptocurrency distribution project for cryptocurrency holders.
Binance will list Sign (SIGN) with the "Seed Tag" label on April 28.
Sign (SIGN) is a global system for cryptocurrency distribution and credential verification.
Binance has announced the sixteenth cryptocurrency distribution gateway for cryptocurrency holders - Sign (SIGN).
Sign (SIGN) provides trust for untrusted networks through a global infrastructure for credential verification and cryptocurrency deployment.
The project, backed by Sequoia Capital, Circle, and Binance Labs, supports the Token Table cryptocurrency distribution platform and Sign Pass.
Details regarding Binance SIGN HODLer token distributions
Starting from April 15 at 00:00 (UTC), Binance announced in its official statement that customers participating in the Simple Earn program (flexible and/or locked) and/or On-Chain Yields will receive distribution payouts until April 19 at 23:59 (UTC).
The deal also included the following details about Binance SIGN HODLer token distributions:
The Genesis token supply is ten billion SIGN tokens.
The maximum supply of SIGN tokens may reach 10 billion tokens.
The supply of SIGN tokens is 2% of the total supply, or 200 million SIGN tokens, as incentives for SIGN distribution offers.
150 million SIGN tokens, representing 1.5% of the total supply, will be distributed to marketing campaigns in phases after three months from the spot listing.
Upon listing on Binance, the circulating supply will be 1.2 billion SIGN tokens, equivalent to 12% of the total supply.
Based on previous snapshots of BNB holdings, Airdrop operations conducted by BNB holders on the Binance platform are retroactively paid to its holders.
Bitcoin platform also announced the listing of the token.
On April 28, at 11:00 (UTC), Binance will open the following spot trading pairs:
With the application of the Seed Tag, SIGN/USDT, SIGN/BNB, SIGN/FDUSD, and SIGN/TRY pairs will be listed under a new project, which may show higher volatility than other currently listed digital assets.
Binance stated in its announcement that SIGN will be available for trading on the Binance Alpha platform before its launch in the main market. SIGN will not appear on the Binance Alpha platform after its spot listing.
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