• Log in
  • Sign up Free
  • List my Airdrop
  • More Services
  • Airdrops

    Defi Airdrops

    New Airdrops

    Featured Airdrops

    Exclusive Airdrops

    Upcoming Airdrops

    Past Airdrops

    Crypto Airdrops coin prices

    Airdrop Dashboard

    More ways to Earn crypto

  • Bounties

    Join Crypto Bounties

    Airdrops & Bounties differences

    What are crypto bounties

  • News

    Trending crypto news

    Airdrops news

    ICO reviews

    Blockchain Guides

    Crypto Guides

    Short crypto updates

    Blogs Home Page

  • FAQ

    Knowledge Base

    What are crypto airdrops

    Difference between Apple Airdrop & Crypto Airdrop

    Airdrop starter kit

    Create an Ethereum wallet

    How to secure yourself online

    Private keys explained

    Why do projects give free tokens?

  • Airdrops

    Defi Airdrops

    New Airdrops

    Featured Airdrops

    Exclusive Airdrops

    Upcoming Airdrops

    Past Airdrops

    Crypto Airdrops coin prices

    Airdrop Dashboard

    More ways to Earn crypto

  • Bounties

    Join Crypto Bounties

    Airdrops & Bounties differences

    What are crypto bounties

  • News

    Trending crypto news

    Airdrops news

    ICO reviews

    Blockchain Guides

    Crypto Guides

    Short crypto updates

    Blogs Home Page

  • FAQ

    Knowledge Base

    What are crypto airdrops

    Difference between Apple Airdrop & Crypto Airdrop

    Airdrop starter kit

    Create an Ethereum wallet

    How to secure yourself online

    Private keys explained

    Why do projects give free tokens?

  • BTC 31,396.00 USD -4.92 %
  • ETH 1,158.56 USD -7.61 %
  • more..
  • AirdropAlert.com
AirdropAlert.com
Back to the overview
  • What is happening with XRP and Spark?
    What is happening with XRP and Spark?
  • Subscribe newsletter

    Don't miss the latest bounty alerts

    Subscribe
  • Best Crypto Traders to Follow & more Tips
    Best Crypto Traders to Follow & more Tips
  • JEX airdrop for BNB holders

    Published On : 2019-09-06 11:39:59

    Official announcement by Binance:

    Binance has completed the acquisition of JEX, a crypto-asset trading platform offering spot and derivatives trading services. JEX has renamed to Binance JEX and will operate as an independent team within the Binance ecosystem. 

    Below summarizes the treatment of JEX tokens and future profits generated by Binance JEX:

    • - JEX tokens will first migrate from an ERC20-standard token to a BEP2-standard token on the Binance Chain. Binance JEX will assist all users in completing this swap. Once the swap is complete, JEX will submit an application to list on Binance DEX.
    • - BNB will have the same benefits as JEX tokens on the Binance JEX platform, including being used as fee discounts and providing eligibility for early futures product testers, among other related discounts.
    • - Binance will first distribute all 200,000,000 unlocked JEX team tokens to all BNB holders on Binance.com. Binance will record all users’ lowest BNB balance each day between 2019/09/06 0:00 AM (UTC) to 2019/10/06 0:00 AM (UTC) and calculate a total BNB holding ratio for each user at the end of the total holding period (detailed formula below). Users will need to hold at least 10 BNB at all times each day during the holding period to be eligible for this airdrop. 
    • - Starting from 2019/10/06, Binance JEX will conduct a monthly airdrop of JEX tokens to BNB holders equivalent to 30% of the profit generated by Binance JEX in each respective month. The distribution of this airdrop will be calculated by recording the lowest BNB balance in all user accounts each day from 0:00 AM (UTC) on the 6th day of the month to 0:00 AM (UTC) on the 6th day of the next month and calculating a total BNB holding ratio for each user at the end of each month (detailed formula below). Users will also need to hold at least 10 BNB at all times each day to be eligible for this airdrop. This monthly airdrop will initially run for one full year and may be adjusted in the second year based on future conditions.

     

    Detailed Distribution Formula

    JEX received by each user = Total JEX tokens to be distributed * User BNB holdings ratio.

    User BNB holdings ratio = Lowest user BNB holding amount each day / Total of all lowest user BNB holding amounts each day.

    Please note: 

    • - Each user’s lowest BNB balance each day includes BNB in their spot trading accounts, sub-accounts, Binance Lending accounts, but does NOT include BNB in margin accounts.
    • - BNB balances below 10 BNB (including those in trade orders) will not be included into the daily BNB holding calculations.
    • - BNB holdings are calculated daily with JEX distributed monthly. Distributions will be completed within 2 weeks of each holding period.

     

    For more information, read the official announcement here.

     

    JEX airdrop for BNB holders banner

    Share Update

  • What is happening with XRP and Spark?
    What is happening with XRP and Spark?
  • Subscribe newsletter

    Don't miss the latest Bounties alerts

    Subscribe
  • Best Crypto Traders to Follow & more Tips
    Best Crypto Traders to Follow & more Tips
  • Sponsored Airdrops

    • Swaprol
      50 SWPRL tokens (~$ 20) to claim!
    • visioncoin
      10,000 VC to be airdropped
    • Betconix Exchange
      Claim 233 BNIX tokens (~$ 35)
    AirdropAlert.com is the crypto industry’s #1 rated library to find trusted airdrop campaigns, giveaways and more. Helping millions of people discover new projects & find new ways to earn cryptocurrency since 2017. © 2021 AirdropAlert B.V. All rights reserved - Rotterdam - The Netherlands
    • About us
    • General Terms
    • Privacy Policy
    • Disclaimer
    • Ad Disclosure
    • Cookie Policy
    • Contact us
    • Knowledge base
    • Partners
    • Publications
    • Clients
    • Exchanges
    • RSS feed
    • Investment
    • Affiliate
    Order Exclusive Airdrop
    List my Airdrop
    Stay Safe
    Get started with Airdrops!
    i
    Social Share for
    Share on LinkedIn Share on Twitter Share on Facebook Share on Telegram Share on Whatsapp Share on VKontakte Share on e-mail
    Your experience on this site will be improved by allowing cookies.