With the release of Banana Gun, an innovative trading tool, Binance has announced the introduction of its first Binance HODLer airdrop. This move is a major step forward in Binance's mission to reward its customers for their loyalty while also exposing them to exciting new ventures.
Here you will find all the information you need about Banana Gun, its features, and the Binance HODLer airdrop, including how to take part and reap the benefits of this one-of-a-kind event.
Banana Gun, what is it?
To make it easier to snipe forthcoming token releases and trade live tokens on the Ethereum network, Banana Gun is a Telegram bot.
Incorporating a number of cutting-edge features, the bot strives to become the trading instrument of choice for both automatic and human traders.
Banana Gun's Standout Features: 1. Auto Sniper – Users may set the amount of Ethereum to spend and input the contract address to automatically snipe tokens upon launch. When trading starts, the bot takes over and tries to make the initial purchase. Snipers have a better likelihood of success when they may pick between slow and conventional approaches.
2. Manual Trader Gives customers more control over their token transactions by allowing them to exchange them manually. Slippage tolerance, anti-rug protection, and degen mode for high-risk transactions are all customizable via this function.
3. Protection Against Rugs
An effort to prevent developers from trying to pull a fast one by selling tokens when dangerous situations are identified in an attempt to deceive consumers. This function has a success probability of 80 to 85 percent and may be an important safety net for traders.
4. Deals between individuals
The security of user data and the integrity of transactions are guaranteed by this feature.
5. Prevents Sandwich Attacks Prevents attacks that use transaction ordering to influence pricing using sandwich attacks. This feature is crucial in preventing bad actors from front-running or back-running deals.
Blockchain reorganizations may change the results of transactions; Reorg Protection prevents this. Additional security is provided by this feature, which guarantees that trades are unaffected by block reorgs.
Extra Functionality
Users may choose the allowable amounts of slippage for transactions, which can range from 0% to 99%. Users are able to better control pricing fluctuations and transaction success rates because to this adaptability.
Trading in high-risk "honeypot" tokens, which usually discourage bot users, is possible under Degen Mode, however users should exercise care owing to weaker safety measures. By turning this feature on, the bot may acquire tokens regardless of whether they are currently unsalable.
Reduces potential losses by preventing transactions with values higher than a user-specified maximum or by reverting to a previous state. Users may control the amount of risk they take on with high-risk tokens using this functionality.
You may exert more control over transactions by setting a minimum token purchase. With this option, consumers may obtain the number of tokens they want without going over their budget.
When a blacklist attempt is discovered, the tokens are automatically transferred to a secure wallet. To utilize this function, customers must deposit enough Ethereum into their transfer wallets to pay the gas costs.
Banana Gun: A User-Friendly Experience
Drawing
Banana Gun's user-friendly design and many configuration options make it a breeze to use. A detailed tutorial on how to use the bot's main functions is provided here:
1. Automatic Stealth
Put the address of the contract into the BananaGunSniper bot.
Tell us how much Ethereum you want to spend.
Pick between slow and classic sniping techniques.
If you want to increase your chances of successfully sniping, especially while using several wallets, you may activate First Bundle or Fail (FoF).
Drawing
2. Trading by Hand
Customize the trading process for each token by modifying parameters like slippage tolerance, anti-rug protection, and degen mode.
To expedite future transactions and guarantee preparedness to sell right after acquisition, use services like pre-approve.
Drawing
3. Personalized Preferences
To get a head start on the blockchain, you'll need to set aside more GWEI for purchasing, authorizing, and selling tokens.
Automate your buy and sell orders using limit orders that are dependent on parameters you select, such your stop loss and take profit levels.
The Distinct Advantages of Banana Gun
Among trading bots, Banana Gun distinguishes out for its extensive feature set and intuitive design. Among its many appealing features are:
Quick and Easy: The bot streamlines complicated trading processes so users may concentrate on strategy instead of execution.
Stay ahead of market changes with real-time monitoring of token values and the ability to make transactions.
Superior Anti-Rug and Sandwich Protection Features Give Customers Piece of Mind by Preventing Malicious Acts Against Their Investments.
Users may personalize their trading experience according to their risk tolerance and strategy with customizable options such as slippage settings, degen mode, and max transaction restrictions.
How does the Binance HODLer Airdrop work?
An program called the Binance HODLer Airdrops has just been launched with the goal of rewarding BNB holders with tokens from new projects. Binance users may earn more tokens in a new and easy method with this initiative, which uses previous snapshots of user BNB balances to evaluate eligibility.
How Binance HODLer Airdrops Operate and What You Need to Qualify
Users that subscribe to Simple Earn's Flexible or Locked goods and have BNB are eligible for the HODLer Airdrops.
Binance averages user balances over a certain time period by taking snapshots of user balances at random intervals. To avoid manipulation and guarantee fairness, these snapshots are useful.
Compensation Scheduling
The distribution of airdrop prizes is determined by looking at snapshots of BNB balances throughout history. Within one hour of the airdrop announcement, eligible users will get tokens in their Spot Wallets.
The registration window for the Banana Gun airdrop ran from June 23, 2024, to July 5, 2024. During this time, those that subscribed their BNB may obtain Banana Gun tokens.
The HODLer Airdrop on Binance and How to Take Part in It
Those interested in taking part in the Binance HODLer airdrop may do so by following these instructions:
In case you do not already have one, you can sign up for Binance here.
To participate in the airdrop, users must make sure to subscribe their BNB holdings to Simple Earn products, whether they're flexible or locked, within the subscription period.
At random intervals, Binance will take pictures of user BNB balances to evaluate airdrop eligibility. You may figure out your average balance during the subscription term with the aid of these pictures.
Eligible users will get the airdrop tokens in their Spot Wallets within 24 hours of the airdrop announcement.
Duration of the Agreement
The registration window for the Banana Gun airdrop ran from June 23, 2024, to July 5, 2024. The airdrop distribution will be sent to users who subscribed to their BNB at that time.
Subscribing to Simple Earn goods with BNB makes consumers eligible for HODLer Airdrops immediately, so there's no need to do anything else to participate. This makes it easier for more people to obtain tokens, which opens it up to more users.
An easy method to acquire more tokens is via HODLer Airdrops, which reward users based on snapshots of their BNB balances in the past. That committed long-term investors be fairly compensated is the goal of this retrospective strategy.
Opportunity Abounds: Binance users may reap the benefits of a wide range of projects by gradually amassing airdrops from a variety of tokens. Because of this variety, consumers may easily diversify their bitcoin holdings.
Ways to Get the Most Out of It
To guarantee your eligibility for future airdrops, subscribe BNB to Simple Earn items on a regular basis. The likelihood of earning prizes from numerous projects grows with regular involvement.
If you want to know when airdrops and subscription periods are coming up, you should watch Binance announcements. By keeping themselves informed, consumers may take prompt action to make the most of their advantages.
Holding BNB in both the Flexible and Locked Simple Earn products might help diversify your holdings and enhance your potential profits. Users may take advantage of various income possibilities inside the Binance ecosystem by diversifying their holdings.
Do you think you should take part in the Binance Hodler airdrop?
As a major step toward rewarding its faithful BNB holders and exposing them to cutting-edge trading tools, Binance has introduced the HODLer Airdrops program, beginning with the Banana Gun project.
Whether you prefer manual or automatic trading on the Ethereum network, Banana Gun has you covered with its feature set and intuitive UI.
Users may take advantage of this one-of-a-kind initiative and maybe boost their cryptocurrency holdings by joining the Binance HODLer airdrop.
Everyone interested in the Banana Gun project should read the official announcement for all the facts.
#BinanceHODLerBANANA #BinanceTurns7 #ETH_ETF_Approval_23July
