Mar 31: Cryptocurrency Airdrops

From this article you will learn which cryptocurrency airdrops will occur on March 31 of 2018
20 February 2018   1618

A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distributes ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. To​ ​get ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. These airdrops required to prove you were the owner of cryptocurrency at a certain time (snapshot) of the blockchain.

From this article you will get to know which cryptocurrency airdrops will occur on March 14 of 2018.

INS Ecosystem Airdrop

INS Ecosystem token sale successfully finished on December 25, 2017. Over 20,000 participants took part in the token sale. A total of 28.8 million INS tokens allocated to contributors. The unsold 1.2 million INS tokens will be airdropped to the token sale participants.

INSINS airdrop

INS Ecosystem will be giving away 1/6th of the unsold 1.2 million INS tokens during 6 months at the end of each month, starting from January 2018.​ ​ All​ ​wallet​ ​addresses​ ​that​ ​participated in the token sale and hold​ ​a​ ​balance​ of INS tokens​​ ​will​ ​receive​ ​a​ ​share​ ​of​ the airdrop that is​ ​proportionate​ ​to​ ​its​ stake.

How to get it:

All ​ETH wallet addresses that participated in the token sale are eligible for airdrop and will be given “stakes” based on the balance of INS tokens that will be scanned on a daily basis at a random time.

Airdrop FAQ

KICK Bonus Emission

Within two years after the ICO, on the last day of each month at 9:00 GMT (time X), starting from October 2017 and ending September 2019, all the addresses will receive bonus in accordance with the following parameters (the table shows the amount of the total supply of KICK, the bonus amount on a specific address is determined by the balance at the time X)

KICKKICK Bonus Emission

How to get it:

In order to receive bonus KICK, you need to have a KICK balance at the specified time on your address. Make sure that you have full access to the address where KICK is stored, including access to private keys.

Bonus emission is calculated automatically for all addresses that have KICK tokens on tbalance at the fixed commit time 9:00 GMT every last day of the month through September 2019. The determination of the KICK balance at the addresses occurs through a snapshot of the blockchain state according to the KICK token ticker.

Airdrop FAQ

Our team is continuously updating all the most relevant information regarding all active cryptocurrency airdrops which take place in 2018.

Binance to Join Forces With IdentityMind

IdentityMind provides exchanges with ability to comply with KYC\AML worldwide
26 March 2019   86

Binance announced an agreement with IdentityMind, which will help it ensure compliance with regulatory requirements and improve data security.

IdentityMind provides cryptocurrency exchanges with access to the platform, thanks to which they can monitor compliance with customer identification and anti-money laundering requirements in real time. This includes connecting new customers, managing their profiles and monitoring transactions.

The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it. We continue to evolve and enhance security systems while adhering to regulatory mandates in the countries we operate in. The goal is to foster greater trust among financial institutions worldwide.
 

Samuel Lim

Chief Compliance Officer, Binance

Last year, Bloomberg wrote about the Binance user identification system as the least strict in the entire industry, and linked the “level of anonymity” provided by the exchange with the risks of money laundering and market manipulation.

In October, Binance entered into an agreement with a supplier of transaction analysis software on the blockchains Chainalysis, and in November with Refinitiv, which developed an automated solution for client verification.

Whether the ordinary users of the platform will feel the impact of the integration of IdentityMind tools on themselves, the exchange does not specify.