🤹🏻♂️ Binance Launches Platform Where Users Can Bet on Future Token Listings
🤑 Nominate your coin for the next pool.
📣 Binance on Thursday, March 7, announced the launch of Futures NEXT, an initiative designed to reward users who bet on which tokens will list in the future on Binance Futures, which focuses on derivatives.
🎯 “Through a prediction-based mechanism, users are rewarded for correctly predicting which tokens will be listed on the Binance Futures USD-M market,” the brokerage explains in its note, emphasizing that this is not a voting process; USD-M is based on margin contracts $ over.
🙇🏻♂️ According to Binance, to participate investors will need to interact with the NEXT Pool, which is an integral part of Futures NEXT and where the selected collection of tokens will be showcased. Users can nominate up to three tokens at a time as potential future listings.
⏰ Once nominated, any investor can bet on these assets and if successful, will be rewarded with future trading bonus coupons or trading fee discounts.
💰 If the token is listed successfully, a multiplier of 1.2 will come into play. “As a result, you will receive a bonus voucher worth 120 USDT instead of a simple bonus voucher of 100 USDT based on a 1:1 ratio,” the note explains.
⏰ “Reward coupons will be distributed within 10 days after the successful listing of the predicted tokens.”
🚀 The note also stated that Futures Next is not a voting platform and the team will continue to use the existing process for asset listings.
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