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Binance Launches SOPH Trading Challenge With 150 Million Tokens
Generated by AI AgentCoin World
Thursday, May 29, 2025 12:13 am ET1min read
Binance Spot has announced the launch of a deposit and trading challenge activity for
, marking the 20th HODLer Airdrop project. This initiative involves the allocation of 150 million SOPH tokens to eligible BNB holders. The SOPH spot trading will commence on May 28, 2025, at 13:00 UTC, followed by the opening of futures contracts 30 minutes later. This dual listing approach is designed to provide users with a comprehensive trading experience, allowing them to engage with the token through both spot and futures markets.The deposit and trading challenge activity is part of Binance's ongoing efforts to engage its user base and promote new tokens. By offering a significant number of SOPH tokens to eligible BNB holders, Binance aims to incentivize participation and foster a vibrant trading community around the new token. The challenge is expected to attract a wide range of traders, from those new to the cryptocurrency space to experienced investors looking to capitalize on the potential growth of SOPH.
The launch of SOPH spot trading on Binance's Alpha platform is a strategic move that aligns with the exchange's commitment to supporting innovative projects. By providing a platform for SOPH trading, Binance is not only expanding its offerings but also contributing to the broader adoption of new cryptocurrencies. The dual listing approach, which includes both spot and futures trading, offers users flexibility and the opportunity to employ various trading strategies.
This initiative is expected to generate significant interest and activity, as traders seek to maximize their rewards and capitalize on the opportunities presented by SOPH. The deposit and trading challenge activity is a testament to Binance's dedication to fostering a dynamic and engaged trading community. By allocating a substantial number of SOPH tokens to eligible BNB holders, Binance is creating an incentive for users to participate in the challenge and explore the potential of the new token.
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