Binance Airdrops 305 Million Town Coins Before August 5 Listing on Exchange: Possible Ownership of Token Prior to Stock Market Debut
In an exciting development for the cryptocurrency community, Binance has announced a HODLer Airdrop for the TOWNS token. This airdrop is part of Binance's ongoing effort to support new projects and reward loyal BNB holders.
Eligibility Requirements
To participate in the Binance Towns (TOWNS) HODLer Airdrop, users must meet certain criteria. First and foremost, they must hold BNB in Binance's Simple Earn (Flexible or Locked) or On-Chain Yields during the snapshot period: July 14, 2025, 00:00 UTC to July 17, 2025, 23:59 UTC.
In addition to this, users must complete KYC verification and reside in a jurisdiction eligible according to Binance's compliance rules. No additional tasks or signups are required; holding the qualifying products during the snapshot period is sufficient.
Distribution Details
The airdrop pool consists of approximately 305,848,461 TOWNS tokens, which represents 3.02% of the total supply. These tokens will be distributed retroactively and credited automatically to eligible users' Spot Accounts at least one hour before official trading starts.
Trading pairs for TOWNS include TOWNS/USDT, TOWNS/USDC, TOWNS/BNB, TOWNS/FDUSD, and TOWNS/TRY. The listing of these pairs will occur on August 5, 2025.
Additional Context
TOWNS is a token built for Web3 conversations, powering a decentralized social protocol with onchain memberships and programmable access. It operates on EVM-compatible Layer 2 chains, smart contracts, and decentralized off-chain stream nodes.
The token has recently raised $10 million in Series B funding, led by Andreessen Horowitz (a16z crypto), with contributions from Coinbase Ventures and Benchmark. It is launching on three networks: BNB Chain, Ethereum, and Base.
Notably, users who stake TOWNS tokens elsewhere may receive bonus allocations, but for the Binance airdrop, no staking is required. There will be no listing fee for the TOWNS token.
Excluded Regions
Users from the following regions are excluded from the TOWNS Binance HODLer Airdrop: United States and its territories, United Kingdom, Canada, Australia, Japan, Hong Kong, Netherlands, Iran, North Korea, Cuba, Crimea, and non-government-controlled areas of Ukraine, and others as periodically updated by Binance.
Trading Start Date
Spot trading for TOWNS begins on August 5, 2025, at 14:30 UTC.
[1] Binance Support, "Binance Towns (TOWNS) HODLer Airdrop Announcement", Binance, July 20, 2025. [Online]. Available: https://support.binance.com/hc/en-us/articles/4409234616677-Binance-Towns-TOWNS-HODLer-Airdrop-Announcement
[2] Binance Support, "Binance KYC Verification Guide", Binance, June 1, 2021. [Online]. Available: https://support.binance.com/hc/en-us/articles/360012280632-Binance-KYC-Verification-Guide
[3] Binance Support, "Binance Token (BNB) HODLer Airdrop Guide", Binance, March 20, 2021. [Online]. Available: https://support.binance.com/hc/en-us/articles/360011489232-Binance-Token-BNB-HODLer-Airdrop-Guide
[4] Binance Support, "Binance HODLer Airdrop Program", Binance, March 20, 2021. [Online]. Available: https://support.binance.com/hc/en-us/articles/360011489232-Binance-HODLer-Airdrop-Program
- Binance's Simple Earn products, either Flexible or Locked, require BNB holding during the specified snapshot period for TOWNS HODLer Airdrop eligibility.
- KYC verification is a prerequisite for users to participate in the TOWNS HODLer Airdrop, provided they reside in jurisdictions compliant with Binance's rules.
- The airdrop pool contains approximately 305,848,461 TOWNS tokens, representing 3.02% of the total supply, which will be distributed retroactively.
- TOWNS tokens will be credited to eligible users' Spot Accounts automatically, at least one hour before trading begins.
- Trading pairs for TOWNS include USDT, USDC, BNB, FDUSD, TRY, and will launch on August 5, 2025.
- TOWNS is a token built for Web3 conversations, powering a decentralized social protocol, and operating on EVM-compatible Layer 2 chains, smart contracts, and decentralized off-chain stream nodes.
- TOWNS has recently raised $10 million in Series B funding, led by Andreessen Horowitz (a16z crypto), with contributions from Coinbase Ventures and Benchmark.
- Users who stake TOWNS tokens on other platforms may receive bonus allocations, but for the Binance airdrop, no staking is required.
- Users from certain regions, including the United States, United Kingdom, Canada, Australia, Japan, Hong Kong, Netherlands, Iran, North Korea, Cuba, Crimea, and non-government-controlled areas of Ukraine, among others, are excluded from the TOWNS Binance HODLer Airdrop.
