"GPS Token Surges 16% on Binance Listing, HODLer Airdrops"

GoPlus Security's Token GPS Surges Over 15% Following Binance Listing Announcement

GoPlus Security (GPS), a company specializing in open, permissionless, user-driven security services for the Web3 environment, has seen its token, GPS, surge over 15% following the announcement of its listing on Binance, the world's largest crypto exchange by trading volume.

Binance announced that it would list GPS tokens, which power GoPlus Security, on its exchange. The exchange also added GPS to its HODLer airdrops program, rewarding BNB holders with token airdrops based on historical snapshots of their BNB balances.

According to a recent Binance announcement, GoPlus Security's token, GPS, will be available for trading on the exchange starting Tuesday, March 4, at 13:00 UTC, against select token pairs. Binance will then list GPS at 2025-03-04 13:00 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs.

In the immediate aftermath of this Binance listing announcement, GPS soared by 16%. Notably, users can start depositing GPS tokens at 10:20 UTC in preparation for trading. Cognizant of the token’s relative newness in the market, the Binance exchange articulated that it would attach a seed phrase to distinguish GPS from any other token.

It is also worth noting that Binance will list GPS at zero listing fees, which means users can trade the GoPlus Security token without incurring any trading fees. Beyond listing, the GPS token also joins the Binance Exchange HODLer airdrops program. These positions select BNB token holders to receive allocations. The initiative rewards users retroactively, offering a simple way to earn additional tokens.

The listing and addition to the HODLer airdrops page is not Binance’s first interaction with GoPlus Security. In December 2022, YZi Labs (then Binance Labs) announced leading private round II funding for GoPlus Security. The funding was intended to further develop GoPlus Security’s technology, create a security services marketplace, and attract top talent to help build a safer and more user-friendly Web3 ecosystem.

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