Home CryptoCurrency News Binance Completes the Distribution of Crypto Bonus Miles

Binance Completes the Distribution of Crypto Bonus Miles [CBM]


According to an announcement posted on Binance’s platform, the exchange has completed the distribution of the CryptoBonusMiles [CBM] airdrop and has as well opened withdrawals. Via the “Distribution History” page in the User Centre, CBM holders can now confirm receipt of the deposits made.

A few days ago, Binance responded to Aeron, [ARN] team’s request for it to support the CBM airdrop for ARN token holders on the platform. Binance took a snapshot of all ARN balances and distributed the airdropped CBM at a 1 ARN= 18 CMB ratio.

In the announcement, clients were requested to note that;

  • ARN balances under 1ARN will not be eligible for the airdrop. These included even those in trade orders.
  • Users will be able to withdraw CBM to their own wallets.
  • Each trading or listing of airdropped tokens on Binance will go through the same strict listing review processes Binance conducts on other tokens or coins.

With the now completed distribution, users are advised to ensure they have not selected “Hide small assets” on their Funds page as doing so would hinder them from viewing their CBM balances. And just as promised the prior announcement, all projects on the Binance platform will go through strict listing review process. The current default position the team has is no listing.

CryptoBonusMiles [CBM]

The CBM is a universal bonus miles platform with loyalty multi-wallet. The unrestricted ERC20 token can be exchanged for discounts or gift vouchers and can as well be traded independently.

The Aeron-powered token

If you are a frequent flyer, you must have noticed how challenging it is to keep up with all of the loyalty programs that are available to you. A whole pile of cards you cannot manage in your wallet, the various terms and conditions you have to keep in mind or frequently check with, -it can all be so frustrating.cmbcmbon-powered CBM is a blockchain-based loyalty program that offers a solution to this.

CMB has a far greater chance of boosting the success of Aeron and contribute to the platform’s further growth. The project has so far gained a lot of supporters as well has followers and professional connections within the aviation industry.