Binance Alpha Lists Union (U) With $22 Million Market Cap

Binance Alpha introduces Unibase (UB) trading, offering a 4,000 UB token airdrop for users holding Alpha points, with a decreasing threshold and a 24-hour claim window.

Summary

Binance Alpha has launched Unibase (UB) trading, providing 4,000 UB tokens to users with at least 200 Alpha points, with the threshold decreasing by 15 points every hour. Users can claim by spending 15 Alpha points and confirming within 24 hours to secure the reward.

Terms & Concepts
  • Airdrop: A distribution of cryptocurrency tokens to eligible users, often used as a promotional or reward mechanism.
  • Alpha points: A points-based system used by Binance Alpha to reward and incentivize users, required to claim certain airdrops or benefits.
  • Spot trading: The purchase or sale of a cryptocurrency for immediate delivery, as opposed to contract trading or future delivery.