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Binance Launches VELO Token Airdrop and Trading Competition
Generated by AI AgentCoin World
Monday, Jun 16, 2025 3:13 am ET1min read
Binance Alpha, a platform known for its innovative approach to cryptocurrency, has recently launched
, a new token that has garnered significant attention within the crypto community. According to the official announcement, eligible Binance users who hold at least 242 Binance Alpha points can claim an airdrop of 5,000 VELO tokens. This airdrop is set to begin at 3:00 PM (UTC+8) on June 16, 2025, and users must complete the claim within 24 hours to avoid forfeiture. It is important to note that claiming the VELO airdrop will consume 15 Binance Alpha points.In addition to the airdrop, Binance has also announced a VELO trading competition. Participants in this competition will have the opportunity to share a reward pool of 76,250,000 VELO tokens. This competition is designed to encourage trading activity and engagement with the new token, further boosting its visibility and adoption within the Binance ecosystem.
The launch of VELO and the associated airdrop and trading competition highlight Binance's commitment to fostering innovation and growth within the cryptocurrency space. By offering such incentives, Binance aims to attract more users to its platform and enhance the overall trading experience. The airdrop and competition not only provide users with the opportunity to acquire VELO tokens but also create a sense of excitement and engagement within the community.
This move by Binance Alpha is part of a broader strategy to expand its offerings and attract a wider user base. The introduction of new tokens and the implementation of competitive events are effective ways to maintain user interest and drive platform growth. The airdrop and trading competition for VELO tokens are expected to generate significant buzz and participation, further solidifying Binance's position as a leading player in the cryptocurrency market.
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