Binance Matic Network launchpad Lottery : As Binance’s new token allocation method is based on lottery, Binance users are still confused about the process. Here we will explain all details about Binance’s Matic Network launchpad Lottery. You will learn how to claim lottery tickets and participate in the lottery.
The leading crypto currency echange Binance announced it would hold a launchpad sale for Matic Network token, this time through a lottery draw.
Here is how the Binance Matic Network launchpad Lottery will be executed (How to buy Matic Network Tokens on Binance :
1- Participants need to hold at least 50 BNB tokens in their Binance balances for at least 20 days starting from 1 April 2019 11:00 AM (UTC) until 5 April 2019 0:00 AM (UTC) to claim 1 ticket.
200 to 300 BNB : 2 tickets
300 to 400 BNB : 3 tickets
400 to 500 BNB : 4 tickets
500 and more BNB : 5 tickets
2- A draw will be carried out on 25 April 2019 at 08:00 AM (UTC) and winning tickets will be announced on the same day at 02:00 PM (UTC)
3- Binance users with winning tickets will also have to pay for corresponding amount of Matic tokens they are eligible to buy based on number of winning ticket . Each winning ticket grants right to purchase 114.068 Matic tokens which is worth 300 USD. Payment will be accepted in BNB only.