Binance Lists SXT Token, Offers 512 Tokens to Alpha Points Holders

Binance, one of the largest cryptocurrency exchanges, has announced the listing of sxt, a utility token designed to offer storage and computation services. This listing is a significant event for both active users of Binance and newcomers to the trading platform. The exchange has planned a three-day trading celebration focusing on related products and has promised to distribute SXT tokens to many users.

The SXT token will be added as a trading pair to the Binance exchange, with its trading session starting on May 8, 2025. The official listing will be divided into two phases. Binance Alpha Trading will start at 12 PM UTC on May 8, 2025, allowing a select group of registered users to trade SXT before it is opened to the general public. Binance Spot Trading will commence at 1 PM UTC on the same day, enabling all general public members and any Binance user to trade in SXT tokens.

In conjunction with the listing, Binance will distribute 512 SXT tokens to its Alpha Points holders. Binance Alpha is a referral program that seeks to encourage engagement from platform users by offering Alpha tokens. Eligible users who have accumulated 150 Alpha Points will receive an Airdrop of 512 SXT tokens as soon as the token is listed. Alpha Points are part of Binance’s activity- and participation-based reward system for users, and this airdrop is open to all users who have accumulated Alpha Points and are activated to participate.

For more bonuses, the exchange also introduces an additional layer of excitement with a lucky airdrop for users with Alpha Points ranging from 66 to 149. To be eligible for this airdrop, users must have their Binance UID ending with the number “1.” This move is likely to increase awareness and attract wider interest in the events, targeting high-level users with the greatest amount of Alpha Points. This step also creates an extra fun and motivational layer of exclusivity and more points to be earned on the platform.

Listing SXT and general airdrop schemes is a common practice in Binance. This allows the exchange to draw more users into the platform and keep the regular ones engaged. By launching SXT tokens in combination with specific bonuses, Binance guarantees the availability of the newest and most progressive cryptocurrencies and an increase in the number of tokens with the help of promos. Being listed at Binance will only benefit the SXT token and allow it to grow quickly. Now, it will be possible to implement SXT in the highly liquid trading and investing environment, expanding its coverage and increasing the possibility of becoming one of the key market players in providing decentralized data and storage services.

This comes at a time when the exchange side means a lot to SXT, hence it is welcome to see that Binance has adopted it as one of its most outstanding projects. With a long list of ongoing trading activities, such as Alpha Trading and Spot Trading, Binance is currently fostering an ecosystem that is favorable to first-time platform users and professional traders. If not, you can join the Alpha Program or a trader who wants to profit from a growing sector, as the SXT entered the Binance exchange. Having extended a centralized exchange to complement its decentralized SXT, Binance remains an authoritative global cryptocurrency player. The exchange provides additional services and bonuses for users worldwide.

Ask Aime: How will Binance's SXT token listing impact the utility token market?