#SparkBinanceHODLerAirdrop 🔹 What is Airdrop?

Airdrop is a process of free distribution of new cryptocurrencies to users of platforms like Binance, aimed at promoting a new project or rewarding loyal users (HODLers).

🔹 How does it work?

Airdrops often only require holding a certain cryptocurrency in your wallet for a specified period, without the need for any additional action.

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📌 Practical Example: Airdrop of SUI Token on Binance – Year 2023

Binance distributed the SUI Token for free to users participating in the Launchpool program, who had staked cryptocurrencies like BNB or TUSD.

✅ Steps to participate:

1. Stake cryptocurrencies in Launchpool during the announcement period.

2. Calculate the average balance during the period.

3. Distribute SUI tokens to participants based on the amount and duration of the staking.

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✨ Airdrop is a great opportunity to enter new projects without any direct financial risk. Follow major platforms to be among the first beneficiaries.