Cryptocurrency exchanges OKEx and Binance have announced that they will be supporting the upcoming BitTorrent (BTT) airdrop.
Justin Sun, the CEO of both Tron and BitTorrent announced two days ago that there would be a BitTorrent airdrop. He made this known via a tweet, revealing that the first airdrop will take place on the 11th of February this year.
— Justin Sun (@justinsuntron) January 20, 2019
Several cryptocurrency exchanges responded afterward, confirming that they will be supporting the upcoming airdrop. The first major exchange to announce its support is OKEx. The crypto exchange stated that they would be taking a snapshot of the Tron network at block 6,600,000 which is expected to take place on the 11th of February. OKEx will then conduct an airdrop for TRX holders on its platform.
The exchange stated that “1. Users who deposited their TRX in the OK PiggyBank will also receive the airdrop; 2. For margin traders who have an outstanding balance of TRX, they will also have to repay the BTT to the lender after the airdrop. Please repay the TRX before the airdrop if you do not wish to worry about the BTT repayment afterward.”
The Binance team also announced that they would be supporting the airdrop. They confirmed that they would take a snapshot of all TRX balances at 6,600,000 on the Tron blockchain. The exchange stated that “Binance will also support the monthly airdrop program of BTT. We will take a snapshot of TRX balances at 0:00 (UTC) on the 11th day of each month and distribute BTT based on the following calculation.”
Other cryptocurrency exchanges including Huobi, WazirX, Koinex, Coin Tiger, Gate.io, FCOIN, Bibox, and KuCoin have all confirmed support for the airdrop. More exchanges are expected to confirm support for the upcoming event over the next few days.