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Home News Crypto

Binance Lists GoPlus Security (GPS) Following HODLer Airdrop Distribution

4 March 2025
in Crypto, News
Reading Time: 3 mins read
108 1
source: coinpedia.org

source: coinpedia.org

Binance has announced the GoPlus Security (GPS) listing, set to begin trading on March 4, 2025, at 13:00 UTC.

The token will be available for trading against USDT, USDC, BNB, FDUSD, and TRY. Ahead of the listing, Binance distributed GPS tokens through its HODLer Airdrops program, rewarding users who subscribed their BNB to Simple Earn and On-Chain Yields products between February 19 and February 24, 2025.

The exchange allocated 300 million GPS to the airdrop program, representing 3% of the token’s total supply of 10 billion. An additional 400 million GPS is set for future marketing campaigns, with distributions planned six months after the token’s listing. GPS will debut with a circulating supply of approximately 1.81 billion tokens, or 18.1% of its total supply. The token is built on the Base network, and Binance has waived the listing fee.

HODLer Airdrops is a Binance initiative that rewards BNB holders based on historical balance snapshots. Users who subscribe their BNB to Simple Earn or On-Chain Yields qualify for airdrops, which are distributed directly to their Spot Accounts. Snapshots are taken randomly during the subscription period to ensure retroactive rewards for eligible participants.

Trading will commence with Spot Algo Orders enabled immediately, while Trading Bots and Spot Copy Trading will become available within 24 hours. Users must meet KYC requirements and be in eligible jurisdictions to participate in HODLer Airdrops. Binance advises users to research before trading GPS due to risks linked to digital assets and market volatility.

Notably, Binance will delist non-MiCA-compliant stablecoins in the European Economic Area (EEA) by March 31, including USDT, FDUSD, and DAI. Users can still hold, deposit, and withdraw these assets. Additionally, non-compliant margin trading pairs will be removed starting March 27, and the remaining balances will be converted to USDC. Users are advised to adjust their holdings before the deadline to mitigate liquidation risks due to regulatory changes.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BINANCEGoplusGPS
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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