Binance lists the Nexpace (NXPC) token, launches airdrop and futures trading.
Binance lists the Nexpace (NXPC) token against several cryptocurrency pairs such as USDT, USDC, BNB, and TRY. The distribution of the NXPC token airdrop will reward BNB HODLers, with 3% of the total supply being distributed through the HODLer Airdrops program. Nexpace expands beyond Binance with listings on Coinone, Bybit, Bitget, and KuCoin, launching a prize pool of 230,000 NXPC.
Additionally, the exchange will also distribute NXPC tokens to eligible users through its HODLers Airdrop program.
According to the official announcement, the exchange will list the token at 07:30 (UTC) on May 15. At the time of listing, the circulating supply of NXPC will be 169,040,000 tokens, representing 16.9% of the total token supply.
Furthermore, the seed label will be applied to the token. The seed label on Binance is used for cryptocurrencies that are in the early stages of development. These tokens tend to experience more volatility and higher investment risks compared to other tokens.
Along with the spot listing, NXPC has secured a futures listing on the exchange. Binance Futures will be launching the NXPCUSDT Perpetual Contract on May 15. The exchange will offer up to 50x leverage, allowing users to trade with borrowed funds.
Notably, Binance will distribute 3% of the total NXPC supply as token rewards through the airdrop. In addition to Binance, Bybit will list NXPC on the same day. Bitget is set to list NXPC in its Innovation and GameFi Zone.