How to Claim UNI Token on Binance8

Binance, the world's leading cryptocurrency exchange, has listed Uniswap (UNI), the native token of the decentralized exchange Uniswap. UNI holders are eligible to claim their UNI tokens on Binance through a simple and straightforward process.

Eligibility

To claim UNI tokens on Binance, you must meet the following eligibility criteria:
You must have a Binance account.
You must have held ETH or UNI in your Binance account before September 17, 2020 (the UNI snapshot date).
The amount of UNI you receive will be determined by your account's ETH and UNI balances on September 17, 2020.

Claiming Your UNI Tokens

To claim your UNI tokens, follow these steps:1. Log in to your Binance account.
2. Go to the "Distribution" page.
3. Select "UNI" from the list of distributions.
4. Click on the "Claim" button.
5. Enter the amount of UNI you want to claim.
6. Click on the "Confirm" button.

Your UNI tokens will be credited to your Binance account within 24 hours.

Calculating Your UNI Token Allocation

The amount of UNI you receive will be calculated based on the following formula:```
UNI allocation = (ETH balance on Binance / Total ETH balance on Uniswap) * Total UNI supply
```

For example, if you had 10 ETH in your Binance account on September 17, 2020, and the total ETH balance on Uniswap was 1 million ETH, you would receive 0.001% of the total UNI supply, or 100 UNI tokens.

Frequently Asked QuestionsQ: When can I claim my UNI tokens?

A: UNI tokens can be claimed on Binance from September 17, 2020.Q: How long will the UNI token claim period last?

A: The UNI token claim period will last for one year.Q: What happens if I don't claim my UNI tokens?

A: If you do not claim your UNI tokens within one year, they will be forfeited.Q: Can I sell my UNI tokens on Binance?

A: Yes, you can sell your UNI tokens on Binance after the token claim period ends.Q: Is there a minimum or maximum amount of UNI tokens that I can claim?

A: No, there is no minimum or maximum amount of UNI tokens that you can claim.

2024-12-28

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