Binance Launches Xterio Airdrop on Alpha Platform – Coincu

Binance today launched an airdrop event for Xterio (XTER) on its Binance Alpha platform, starting at 16:00 Beijing time.

This airdrop offers Binance’s community an opportunity to claim XTER tokens, marking another step in expanding Binance Alpha’s feature set.

Binance Unveils Xterio Airdrop Details

Binance introduced Xterio (XTER) on its Alpha platform, allowing eligible users to claim an airdrop of 294 XTER tokens. Users must have at least 194 Binance Alpha points to participate in the event. The airdrop became available today, and participants must confirm their claim on the event page by 16:00 Beijing time on May 20, 2025.

Binance’s initiative encourages active participation in Binance Alpha, consuming 15 Alpha points per claim. This move aims to enhance user engagement and increase the platform’s visibility. The promotion includes a trading competition with $1 million worth of rewards, fostering further interest in XTER’s trading. According to PANews Team, “A trading competition with $1 million worth of rewards has been launched in conjunction with the Xterio (XTER) announcement.”

The launch drew immediate attention from the Binance community, though official comments from Binance CEO or industry leaders remain unreported. In a statement, the Binance team highlighted this as an opportunity for users to engage with new digital assets on the platform’s emerging ecosystem.

XTER Token Price Declines 20.92% Despite Market Boost

Did you know? Binance’s new airdrop aligns with its tradition of incentivizing users through token drops, similar to historical events where Binance notably expanded user engagement via airdrops to boost platform activity.

According to CoinMarketCap, Xterio (XTER) is currently priced at $0.27, with a market cap of approximately $36.14 million. Recent trading shows a volume of $27.78 million, which corresponds to a 148.15% increase over the past 24 hours. The token experienced a 20.92% decrease in value within the last day, continuing its 7-day trend with a 27.03% decline.

Coincu research highlights the potential for Xterio to carve out a niche amid fluctuating market dynamics, with technological advances offering pathways for renewed investor interest. These developments signify a positive outlook amid current challenges, particularly in emerging market sectors.