Binance Announces GPS Token Listing: What It Means for Traders and Long-Term Holders

Binance, the world’s leading cryptocurrency exchange, has officially announced the listing of GoPlus Security’s (GPS) token, further strengthening its focus on Web3 security solutions. Trading for GPS will begin on March 4 at 13:00 UTC, with trading pairs including USDT, USDC, BNB, FDUSD, and TRY.

This move reflects Binance’s ongoing commitment to partnering with innovative blockchain security companies like GoPlus Security, a leading provider of decentralized security services.

Kevin Wu, CEO of Binance, emphasized the significance of this listing:

“Our partnership with GoPlus Security represents a significant step toward creating a safer Web3 environment for all users.”

GPS Token’s Market Impact

Following Binance’s announcement, GPS tokens surged by 16%, reflecting strong market anticipation. Deposits for GPS are set to open at 10:20 UTC, allowing early access before trading officially begins.

Additionally, Binance has introduced a unique seed phrase feature for GPS, distinguishing it from other tokens within its ecosystem.

Key Benefit: Zero listing fees—users can trade GPS without additional costs, making it an attractive option for investors.

HODLer Airdrop Initiative: How Users Can Benefit

Binance is also including GPS in its HODLer airdrop program, rewarding BNB holders with free GPS tokens. Users who participated in Simple Earn and On-Chain Yields between February 19 and February 24 will be eligible for airdrop distributions.

Official Binance Announcement:

“Binance is excited to announce the 11th project on the HODLer Airdrops page – GoPlus Security (GPS). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) will get the airdrop distribution.”

This initiative further strengthens Binance’s user engagement strategy, encouraging long-term holding and rewarding loyal investors.

The Growing Binance-GoPlus Partnership

Binance’s latest move builds on its previous engagement with GoPlus Security.

🔹 December 2022: Binance Labs led a funding round to support GoPlus Security’s development of decentralized security solutions.
🔹 April 2023: GoPlus secured multi-million dollar funding from additional investors, further fueling innovation in Web3 security.

While Binance did not participate in the latest funding round, its early investment has been instrumental in positioning GoPlus as a key player in blockchain security.

A Strategic Win for Binance and GPS

The listing of GPS on Binance represents a pivotal moment in the exchange’s efforts to enhance security-focused crypto offerings.

Zero listing fees make GPS trading more accessible.
HODLer airdrops incentivize BNB holders, driving engagement.
Strengthened security partnerships reinforce Binance’s Web3 security strategy.

As Binance continues to integrate security-first tokens, the GPS listing signals a broader trend toward prioritizing user safety and trust in the cryptocurrency space.