Binance has officially launched the new crypto token $SIGN on April 28, 2025. Trading began at 11:00 UTC, with various trading pairs available, and a significant airdrop of 200 million tokens was also conducted for eligible users.
Key Details of the $SIGN Launch
- Trading Pairs: $SIGN is available for trading against several pairs including USDT, USDC, BNB, FDUSD, and TRY.
- Airdrop Information:
- A total of 200 million $SIGN tokens were airdropped to users who staked BNB in Simple Earn or On-Chain Yields between April 15 and 19, 2025.
- This airdrop represents 2% of the total supply of 10 billion tokens.
- Trading Access:
- Early access trading on Binance Alpha started at 10:00 UTC on the same day.
- After the official listing, users can transfer their tokens to Spot accounts.
- Purpose: $SIGN serves as a universal gas token, community incentive, and governance tool within its ecosystem, which includes various applications for decentralized identity and credential verification.
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User Eligibility for Airdrop
- Requirements: Users must have staked BNB during the specified campaign period to qualify for the airdrop.
- Distribution Method: Rewards are calculated based on hourly average balance snapshots, ensuring fair distribution among eligible users.
Post-Listing Insights
- No Listing Fee: Binance did not charge a listing fee for $SIGN, supporting early-stage infrastructure projects.
- Future Features: Spot Algo Orders, Trading Bots, and Copy Trading features will be progressively enabled after the listing.