Binance, the world's largest cryptocurrency exchange in terms of trading volume, has made an exciting announcement regarding the integration of GPS tokens, the backbone of GoPlus Security. This innovative company offers cutting-edge, decentralized security solutions for the Web3 environment, empowering users with open and permissionless security services.
In a strategic move, Binance has included GPS tokens in their HODLer airdrop program, rewarding BNB holders with token airdrops based on their historical BNB balances.
Exciting News for Binance Users: Introduction of GoPlus Security
GoPlus Security is a leading company that specializes in comprehensive risk detection across major blockchain networks. According to a recent update from Binance, GPS tokens are set to debut on the exchange on Tuesday, March 4th, at 13:00 UTC, and will be tradable against a selection of token pairs.
The official announcement from Binance stated, "Binance will officially list GPS on 2025-03-04 at 13:00 (UTC) and enable trading against USDT, USDC, BNB, FDUSD, and TRY pairs."
Shortly after the listing news, GPS witnessed an impressive 16% surge in value, showcasing the excitement surrounding this development.
Following the announcement, users can begin depositing GPS tokens at 10:20 UTC to prepare for trading. Recognizing the token's novelty in the market, Binance has implemented a seed phrase as an added security measure to differentiate GPS from other tokens.
Moreover, Binance has waived the listing fees for GPS, enabling users to trade the GoPlus Security token without incurring any additional costs.
In addition to the listing, GPS has been included in Binance's HODLer airdrop program, offering BNB token holders the opportunity to receive token allocations. This program rewards users retroactively, providing a simple way to earn additional tokens.
Binance expressed their enthusiasm, stating, "We are thrilled to introduce the 11th project on the HODLer Airdrops page – GoPlus Security (GPS). Users who staked their BNB in Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between 2025-02-19 00:00 (UTC) and 2025-02-24 23:59 (UTC) will receive the airdrop distribution."
This latest listing and inclusion in the HODLer airdrops program mark Binance's continued collaboration with GoPlus Security. Previously, in December 2022, YZi Labs (formerly Binance Labs) led the second private funding round for GoPlus Security, aiming to advance their technology and bolster the Web3 ecosystem’s security infrastructure.
While Binance did not participate in GoPlus Security's multi-million dollar private funding round in April of the same year, this recent partnership underscores their commitment to fostering a secure and user-friendly Web3 environment.