Every day, hundreds of crypto tokens are created and launched in the market, but only a few receive the Binance Launchpool listing or exchange acknowledgments. This week, the Nillion (NIL) token is under attention, as it received the Binance listing and airdrop allocation, exciting investors. How to participate? Let’s discuss this.
Binance Launchpool Project News & Nillion Airdrop Details
According to the official announcement, Nillion (NIL) is Binance’s 65th Launchpool project. NIL is a newly launched cryptocurrency token of the popular decentralized that uses blind computing to bring secure data processing and storage while preserving privacy. It is making its debut with a popular crypto exchange listing.
With the notification, the demand and hype are building among investors. Interestingly, this listing also includes a significant Nillion airdrop, where Launchpool investors can earn significant NIL tokens.
According to the Binance announcement, it will officially list NIL on 2025-03-24 at 08:00 A.M. (EST) with trading pairs like NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY.
More importantly, the webpage will go live 12 hours before the Launchpool starts. However, as this is a new project, it will come with a seed tag. Additional details to the project reveal that NIL will be launched with a token supply of 1,000,000,000, and the initial circulation supply will be 195,150,000 NIL (19.52% of the total token supply).
How to Participate & Receive Nillion Airdrop?
The Binance launchpool players can participate in the airdrop, where the Launchpool reward is 35,000,000 NIL (3.5% of the total supply). In addition, the official airdrop launcher is live, where the community allocation is 20%.
Out of this, 7.5% is for the current participants, and the remaining 12.5% is reserved for the future initiatives.
The steps to receive NIL Tokens are:
- The users need to have a Binance account with completed KYC verification
- There’s a farming period, so interested users need to participate in the farming, which will run from March 21, 2025, 07:00 P.M. (EST) to March 23, 2025, 06:59 P.M. (EST).
- Users must select their Launchpool asset from BNB, FDUSD, or USDC to farm NIL tokens.
- Next, harvest the NIL reward either daily or at the end of the farming period.
- The NIL airdrop distribution includes a daily reward of 11,666,666 NIL, split into BNB Pool (9,333,333 NIL), FDUSD Pool (1,166,666 NIL), USDC Pool (1,166,666 NIL)
What Will be the NIL Token Price at Launch?
The listing price of the NIL token is uncertain due to lacking information. However, its takeoff with the Binance Launchpool could influence its price right after the launch due to increased investors’ attention and credibility.
The Nillion token has a pre-listing price of $0.79, so the launch price may come near this. Investors must await further details on the Nillion airdrop and listing. For now, the Binance listing is just a few days away, and investors can begin farming from March 21, 2025, to receive the trending crypto airdrop.
The post Binance Launchpool Lists NIL: Here’s How To Receive Nillion Airdrop appeared first on CoinGape.
