Binance to Support Wise Monkey (MONKY) Airdrop for FLOKI and ApeCoin Holders
In an exciting development, Binance has announced its support for the Wise Monkey (MONKY) token airdrop for holders of FLOKI and ApeCoin (APE). The airdrop will be carried out in two phases, with snapshots taken of APE holders on November 29 and FLOKI holders on December 15, 2024.
Airdrop Allocation Details
The distribution ratio for the airdrop is specific to each token. For FLOKI holders, every 1 FLOKI will entitle them to 0.35 MONKY tokens. Meanwhile, any Binance account holding at least 1 APE will receive a fixed amount of 804,828 MONKY tokens regardless of the quantity of APE held.
Snapshot Wallets Consideration
Binance will take into account holdings in various accounts including Spot Wallets, Funding Wallets, Margin Wallets, Simple Earn Flexible and Locked Accounts, and specific loan accounts for the snapshot. However, holdings in pending deposit or withdrawal transactions, as well as borrowed amounts from Margin or Crypto Loans, will not be factored into the airdrop.
Smooth Airdrop Experience
During the airdrop, users can continue to deposit and withdraw FLOKI and APE tokens without any interruption. Trading activities across different markets and Binance Earn services will also remain unaffected. Binance will manage all technical aspects of the airdrop to ensure eligible users receive their MONKY tokens seamlessly.
Final Verdict
It is important to note that the airdrop of MONKY tokens does not guarantee the listing of MONKY on Binance as it must undergo the standard listing review process. Users must fulfill all necessary verification requirements and be in eligible jurisdictions to participate in the airdrop. Stay tuned for more updates on the distribution process.
Disclaimer:
The information provided in this article is for educational and informational purposes only. Coin Edition does not provide financial advice. Readers are advised to exercise caution before making any decisions related to the company.