Binance to List MyShell (SHELL)
Binance, the largest crypto exchange by trading volume, announced its plans to list MyShell (SHELL), a decentralized AI consumer layer token.
The exchange will also include SHELL in the HODLer airdrops, which rewards BNB holders with token airdrops based on their historical BNB balances.
Binance New Listing: What Users Need To Know
MyShell presents itself as a decentralized AI consumer layer that connects consumers, AI agent creators, and open-source researchers. The native cryptocurrency, SHELL, will be available for trading on Binance starting Thursday, February 27, at 13:00 UTC. As per the announcement, SHELL will trade against selected pairs.
> “Binance will then list SHELL at 2025-02-27 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs,” an excerpt in the announcement read.
Additionally, the exchange committed to implementing a seed tag for this new listing to differentiate SHELL from other tokens. Following this announcement, the price of SHELL surged by over 40%, which is a common reaction to token listings on major exchanges.
MyShell SHELL Price Performance. Source: TradingView
Binance will list SHELL at zero listing fees, allowing users to trade SHELL without incurring trading fees.
In addition to the listing, the SHELL token has joined the Binance Exchange HODLer airdrops program. This program rewards eligible BNB token holders with allocations of SHELL. Users who participated in Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-02-14 00:00 (UTC) to 2025-02-18 23:59 (UTC) will receive the airdrops distribution.
> “Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products will get the airdrops distribution,” Binance added.
Binance also committed to providing more details on the HODLer Airdrops about 12 hours after the listing announcement. New tokens will be distributed to users’ Spot Accounts at least an hour prior to trading.
It’s important to note that MyShell’s SHELL will have a maximum supply of one billion tokens. The circulating supply upon listing on Binance will be 270,000,000 SHELL, constituting 27% of the total supply.
From this cap, Binance’s HODLer airdrop will allocate only 2.5% or 25,000,000 SHELL tokens to eligible Binance users, with an additional 25,000,000 SHELL assigned to other HODLer Airdrops six months after the spot listing.
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