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Cryptocurrency News Articles

Binance Lists GPS Tokens from GoPlus Security, Rewards BNB Holders with Airdrops

Mar 04, 2025 at 05:19 pm

Binance, the largest crypto exchange by trading volume, has announced plans to integrate GPS tokens from GoPlus Security, a company offering decentralized

Binance Lists GPS Tokens from GoPlus Security, Rewards BNB Holders with Airdrops

Binance, the largest crypto exchange by trading volume, is integrating GPS tokens from GoPlus Security, a company offering decentralized, user-driven security services for Web3.

According to a recent announcement, GoPlus Security’s token, GPS, will be available for trading on Binance starting Tuesday, March 4, at 13:00 UTC, with select token pairs.

“Binance will then list GPS at 2025-03-04 13:00 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs,” the exchange stated.

Moreover, Binance will be including GPS in its HODLer airdrops, rewarding BNB holders with tokens based on their past BNB balances.

Unlike other earning methods that require continuous actions, such as Simple Earn or On-Chain Yields, which demand users to keep engaging with the platform, HODLer airdrops provide a simple way to earn tokens.

By subscribing BNB to Simple Earn products or On-Chain Yields, users automatically qualify for rewards.

“Binance is excited to announce the 11th project on the HODler Airdrops page – GoPlus Security (GPS). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-02-19 00:00 (UTC) to 2025-02-24 23:59 (UTC) will get the airdrop distribution,” Binance added.

The GoPlus Security (GPS) token has a total supply of 10 billion GPS tokens, with a maximum supply capped at the same amount. For HODLer airdrops, 300 million GPS tokens (3% of the total supply) are allocated as rewards.

Additionally, 400 million GPS tokens will be set aside for future marketing campaigns starting six months after the spot listing, with further details to be shared later. Upon listing on Binance, the circulating supply will be 1.81 billion GPS tokens, which is 18.1% of the total supply.

Users can begin depositing GPS tokens at 10:20 UTC ahead of trading. As a precaution to distinguish GPS with other tokens, Binance will assign a unique seed phrase to GPS.

Furthermore, Binance will list GPS with zero trading fees, allowing users to trade the token pairs without incurring any charges. Following the Binance listing announcement, GPS surged by 16%.

Binance’s involvement with GoPlus Security dates back to December 2022, when Binance Labs led a private funding round to boost the company’s tech and Web3 security. However, Binance did not participate in GoPlus’s earlier funding round in April 2022.

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Other articles published on Mar 04, 2025