Binance Announces Alpha Launch and Exclusive Airdrop for Coral Finance (CORL) on October 12

Key Takeaways:

• Binance has announced that Alpha will be the first platform to feature Coral Finance (CORL), scheduled for October 12.
• Eligible users holding a set number of Binance Alpha Points can participate in the $CORL airdrop to claim free tokens. 
• Claims for the $CORL airdrop will cost 15 Alpha Points and will be open for only 24 hours.

Binance has announced that on October 12, its Alpha platform will be the first to support Coral Finance (CORL), a DeFAI application layer for pre-market assets. Coral Finance will open for trading on Binance Alpha on October 12, along with an exclusive airdrop campaign. 

Eligible users holding Binance Alpha Points can apply for $CORL tokens after Coral Finance launches on the Alpha platform. In this article, you'll find all that you need to know about Coral Finance, the Alpha airdrop, and how to claim $CORL tokens.

Coral Finance (CORL) Binance Alpha Airdrop Launch Details

• Project Name: Coral Finance
• Token Ticker: $CORL
• Airdrop Duration: October 12, 11:00 (UTC)
• Airdrops Rewards: 500 CORL
• Platform: Binance Alpha
• Eligibility Requirements: 210 Binance Alpha Points

How To Participate in the $CORL Airdrop Campaign

On October 12, when Coral Finance begins trading on Binance Alpha, the airdrop claim portal will open immediately for eligible users to begin claiming their token allocations. The eligibility for the $CORL airdrop requires holding 210 Alpha Points. 

If you meet the requirement for the Coral Finance airdrop, do the following to claim your allocated $CORL tokens:

• Log in to your Binance Wallet, open Alpha. 
• Locate Coral Finance in the Airdrop section of the Binance Alpha Event page.
• Click Claim, and a claim cost of 15 Alpha Points will be deducted from your account.
• The airdrop portal will be open for only 24 hours. Please ensure that you claim the 500 $CORL allocated to you within 24 hours, or it will be considered that you have forfeited your claim to the airdrop.
• 500 $CORL tokens will be credited directly to your Binance Alpha account. 

Please note that the Coral Finance (CORL) airdrop will be distributed on a first-come, first-served basis, so be sure to be among the first users to apply. 

About Coral Finance

Coral Finance is a decentralized finance (DeFi) platform that focuses on pre-market trading assets and the supply of liquidity. It presents a marketplace and liquidity platform built to discover and trade high-quality crypto undertakings and tokens early, before their formal token generation events (TGE).

The platform aims to solve a key challenge in crypto investing—access to early-stage assets and the ability to participate in their growth cycles in a fair and transparent manner. Coral Finance's core innovation, AlphaVault, a cross-chain analytics and liquidity engine, empowers users to track on-chain data and dynamics of various crypto projects across multiple blockchain networks. 

This enables traders and investors to acquire better market information by tracking project life cycles prior to the public listing of tokens. Coral Finance has a system that allows participants to earn rewards, trade pre-market tokens (called corTokens), and stake liquidity to accelerate unlocking rates and maximize returns. 

Coral Finance has gained strong backing from the likes of Mask Network, KuCoin Ventures, Gate Ventures, Formless Capital, and others. These partnerships, and now its listing on Binance Alpha, underline the platform's legitimacy and potential within the DeFi space.