Get to know the details of the new Airdrop Binance for JEX cryptocurrency
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Answer Get to know the details of the new Airdrop Binance for JEX cryptocurrency
Binance announced earlier this week that it had acquired JEX, a cryptocurrency exchange that provides a service for buying bitcoin futures.
The platform also announced that it has changed the name of the JEX platform to Binance JEX and will act as an independent company that supports the “Binance” ecosystem.
And on this occasion announced Binance today announced an “airdrop” process and a free distribution of JEX tokens for BNB holders.
The platform also revealed that JEX tokens will move from the Ethereum (ERC20) blockchain to the Binance (BEP2) blockchain in the coming days.
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A request for the inclusion of the JEX cryptocurrency on the Binance Decentralized Platform (BNB) will also be submitted to provide the option to buy and sell this cryptocurrency within the Binance ecosystem.
It is worth noting that the features of JEX cryptocurrency are similar to BNB cryptocurrency as it offers discounts on trading fees and access to some of the platform’s features.
Binance stated that the “airdrop” process and a free distribution of JEX tokens will include 200 million JEX tokens.
JEX Cryptocurrency Distribution Method
The Binance platform will record the balance of BNB tokens in the users’ accounts on a daily basis from the date of September 06 until October 06, and the average number of currencies present during this period will be calculated in each account on the Binance platform.
At the time of writing, the equivalent of 200 million JEX tokens, equivalent to $9.2 million, will be distributed. – over here You can follow the price of the JEX cryptocurrency –
The user will need at least 10 BNB per day in order to be eligible for the free distribution of JEX tokens, and they will be distributed as a proportion based on the number of cryptocurrencies and the duration of their holding.
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As of October 06, Binance JEX will use the equivalent of 30% of its profits on a monthly basis to distribute JEX tokens to BNB holders in their Binance accounts.
Read also:
Binance Platform Explanation: Easily and Safely Trade Crypto and Cryptocurrencies
What is an Airdrop? How can anyone get free cryptocurrency?
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