Swipe Wallet By Binance
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Swipe Wallet By Binance

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Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services.

Binance Ecosystem Rewards – $16,000,000 Airdrop of Swipe Wallet $SXP tokens $BNB holders on Binance.

Also, A total of 4,000,000 $SXP tokens will be airdropped to BNB holders over a 12 week period and be allocated weekly based on each Binance users’ average daily BNB holdings.

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Step by step guide

1

Register for an account on Binance. [If you use this link for sign up you will save 5% of fees for a lifetime]

2

Starting 2020/08/17 00:00 UTC, Binance will begin taking live snapshots of user BNB balances to calculate each users’ weekly average BNB holding amount held on Binance.com.

3

Weekly average BNB holding amounts will be determined as the average of the 7 days, using the daily BNB calculation rules stated here.

4

BNB holding distribution will be calculated as follows:
333,333.33 SXP rewards received by Binance each week * User BNB holdings ratio.

5

Each User’s Weekly BNB holdings ratio = Each User’s Daily Average BNB holdings over each week / Daily Average of Total User BNB holdings held on Binance.com over each week.

6

Users must hold a weekly average of at least 0.1 BNB or more in order to qualify these rewards.

7

SXP rewards are calculated and distributed weekly. The distribution will be completed on Binance.com within 3 days of the end of each weekly period.

8

Please note: The SXP distribution will be from the existing circulating supply and bought from the market, thus this program will not increase any circulating supplies.

9

Users will be able to check receipt of their airdropped SXP via Account Center > Wallet > Distribution History.

10

For more details check their official post Here .

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