

What is Binance's new token issuance platform Megadrop? How to participate in Binance Megadrop?
Binance, a well-known cryptocurrency exchange, launched a new token issuance platform "Megadrop" on April 18. Binance users can purchase BNB fixed-term products through this platform and complete it in the Binance Web3 wallet. The task of the project team is to directly interact with the selected project team to obtain airdrop rewards.
So, how should users participate in Binance Megadrop? What projects are currently available on the platform?
What is Binance Megadrop?
According to Binance’s announcement on April 18, Megadrop is a new token issuance platform launched by the exchange.
The platform combines airdrops and Web3 tasks. Users can subscribe for BNB regular products and complete tasks in the Web3 wallet, thereby receiving early airdrop rewards from selected Web3 projects.
Binance Megadrop aims to provide users with an interactive and rewarding experience in the crypto ecosystem. More details on Megadrop numbers, Web3 missions, and detailed go-to-market plans will be announced later.
How to participate in Binance Megadrop?
To start using the Binance Megadrop, users need to log into their Binance account and ensure they have at least an active Binance Web3 wallet.
They can then subscribe for BNB locked products and/or complete Web3 tasks to accumulate points. These points will determine the rewards earned through the Megadrop program.
Megadrop’s points mechanism is based on the locked BNB score, which is calculated based on the amount of BNB subscribed and the length of the subscription period. When users complete specified Web3 tasks, they will also receive Web3 task point rewards and Web3 task multipliers.
The user’s final points are: (Locked BNB points * Web3 task multiplier) Web3 task points
If the user does not complete all specified Web3 tasks, his Web3 task multiplier is 1.
It should be noted that external wallets imported into Binance Web3 wallet are not counted. Only backup wallets created within Binance Web3 wallet can participate in Megadrop. Megadrop rewards will be airdropped into users’ Binance spot wallets.
Additionally, participants have certain eligibility criteria depending on their jurisdiction.
What are the Binance Megadrop projects?
The first cryptocurrency project to be listed on Binance Megadrop is BounceBit (BB). BounceBit is a layer 1 infrastructure for re-mortgaging BTC and other assets and is overseen by Mainnet Digital and Ceffu.
According to data released by Binance Megadrop, BounceBit’s token details are:
- Maximum supply of tokens: 2,100,000,000 BB
- Initial circulation: 409,500,000 BB (Accounting for 19.5% of the maximum supply of the token)
- Megadrop Total Amount: 168,000,000 BB (Accounting for 8% of the maximum supply of the token)
Binance will announce the completion of the Megadrop Launched on BB, the specific listing plan will be announced separately.
For a detailed introduction to BounceBit (BB) currency, please see:
https://www.jb51.net/blockchain/934671.html
The above is the detailed content of What is Binance's new token issuance platform Megadrop? How to participate in Binance Megadrop?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

This article has selected several top Python "finished" project websites and high-level "blockbuster" learning resource portals for you. Whether you are looking for development inspiration, observing and learning master-level source code, or systematically improving your practical capabilities, these platforms are not to be missed and can help you grow into a Python master quickly.

Blockchain confirmation time refers to the time it takes for a transaction to be broadcasted to be packaged by a block and written to the chain. The confirmation speeds of different chains vary. 1. Bitcoin produces blocks on average in 10 minutes, and it is recommended to confirm 6 times to ensure security; 2. Ethereum produces blocks in about 12 seconds, and 1-3 times can be confirmed, and most transactions are completed within 1 minute; 3. The BSC chain block time is about 3 seconds, suitable for high-frequency trading; 4. The TRON tide block time is 1-3 seconds, suitable for real-time transfer; 5. The Polygon block time is about 2 seconds, with low fees, and is widely used in DeFi and NFT. Trading hash (TxID) is required for query and confirmation status. Recommended platforms include: 1. Ouyi OKX, which supports multi-chain transaction query; 2. Binance, suitable for BSC chain; 3. Huobi HT

This article has selected a series of top-level finished product resource websites for Vue developers and learners. Through these platforms, you can browse, learn, and even reuse massive high-quality Vue complete projects online for free, thereby quickly improving your development skills and project practice capabilities.

Blockchain browser is a must-have on-chain query tool for Web3 users. 1. It serves as a "search engine" in the decentralized world, allowing users to openly and transparently verify all records on the blockchain; 2. The core functions include querying transaction details, viewing account information, exploring block data and tracking smart contracts; 3. When tracking transactions, you need to obtain the transaction hash, select the browser corresponding to the public chain, and enter the hash to view the status, address, amount and fee details; 4. Confirm whether the transaction is successful through the browser is a key step to ensure the security of digital assets. Proficient use can help users better understand and participate in the blockchain ecosystem, thereby operating more safely and stably in the decentralized world.

519,000 ETHs in the Ethereum beacon chain withdrawal queue are waiting to be withdrawn, with a total value of approximately US$1.9 billion, a new high since June 2023; 1. Early pledges chose to make profits due to sharp price increases; 2. Funds are turning to liquidity re-pled agreements such as EigenLayer to obtain higher returns; 3. Market uncertainty prompts some investors to reduce their risk exposure; despite potential selling pressure, the exit mechanism limits the daily processing volume, ETH will be gradually released rather than centralized selling, and most of the funds may flow into the re-pled or DeFi field, with limited direct impact on spot prices. The actual impact depends on the exchange inflow, market sentiment and buying acceptance strength. We need to pay close attention to queue changes, capital flow and price trends in the future.

Public keys are used to receive assets and identity identification, private keys are used to sign and control assets. The two are based on asymmetric encryption technologies such as ECDSA. Private keys can be derived from public keys but vice versa. mainstream platforms such as Ouyi OKX adopts multiple signatures and cold storage, Binance uses hardware isolation and layered permissions, Huobi HTX implements hot and cold separation and whitelisting mechanisms, and Gate.io gate combines multiple signatures and distributed storage; public keys and private keys are used in blockchain for identity authentication, asset control and decentralized login; key security management suggestions include offline backup, anti-phishing, enabling multi-factor authentication and using multi-signature or MPC; among different management methods, single keys are at high risk, multiple signatures are suitable for teams, and hardware equipment is highly secure but costly.

High-frequency trading is one of the most technologically-rich and capital-intensive areas in the virtual currency market. It is a competition about speed, algorithms and cutting-edge technology that ordinary market participants are hard to get involved. Understanding how it works will help us to have a deeper understanding of the complexity and specialization of the current digital asset market. For most people, it is more important to recognize and understand this phenomenon than to try it yourself.

In 2025, the cryptocurrency market will be driven by three major factors: clear policy supervision, in-depth institutional participation and technological innovation. 1. The United States may introduce a comprehensive crypto bill, and global regulatory coordination (such as the EU MiCA) will enhance the legitimacy of the industry; 2. Institutional funds will enter large-scale through compliant products such as Bitcoin and Ethereum ETFs, and exchanges such as Binance, OKX, Huobi, Gate.io and Coinbase will serve as core infrastructure to undertake institutional traffic; 3. The popularization of Layer 2 network will promote the scale of applications, and the tokenization of real-world assets (RWA) is expected to inject trillion-dollar liquidity into DeFi. The integration of AI and crypto will give birth to a new paradigm, jointly driving the growth of the industry's intrinsic value.