Introducing Binance Futures NEXT: Earn Rewards by Predicting the Next Big Token
Main Takeaways
Futures NEXT offers rewards for correctly predicting which tokens will be listed next on the Binance Futures USDⓈ-M market.
Use ‘Picks’ to predict upcoming token listings in the ‘NEXT Pool’ and nominate new tokens to the ‘NEXT Pool’ for everyone to pick!
Dive into Futures NEXT to share your view on Binance’s potential future USDⓈ-M listings, leverage your market insights, and earn through the precision of your predictions.
Introducing Futures NEXT — the latest addition to the Binance ecosystem. With a fresh approach to exploring potential listings, it allows anyone with access to Binance Futures to make predictions on which tokens might be listed next on the Binance Futures USDⓈ-M market, and then be rewarded for their accurate insights.
This new feature not only rewards users who accurately anticipate market trends, but also strengthens the bond between Binance and our community by offering an avenue to express market insights. Read on to learn how you can leverage your market knowledge, and profit from your predictions.
How does Futures NEXT Work?
Futures NEXT introduces a range of features designed to engage Futures users in a new way. Here, you’ll find how to participate in our prediction pool, and potentially earn rewards for your insights. Let’s dive in.
Predict and Earn
At the heart of the Futures NEXT experience is a dynamic and engaging prediction pool. Here, participants can use ‘Picks’ to cast their prediction for which tokens in the pool they think will be listed next on the Binance Futures USDⓈ-M market.
Each Pick represents a count for a token and you can acquire 1 Pick with 1 USDT (with a limit of 100 Picks per user). Users with a good understanding of market trends and token potential can leverage their knowledge to predict future listings. Successful predictions are then rewarded!
Rewards System
The excitement of Futures NEXT is amplified by its rewards system. Users who successfully predict tokens that are then listed receive rewards in the form of futures trading vouchers. These rewards are enhanced by a multiplier — initially set at 1.2x. Rewards include Futures Bonus Vouchers for new users to jump-start their journey and Futures Trading Fee Rebate Vouchers for existing users, providing added benefits to their overall experience.
Nomination Process
Futures NEXT empowers its users further by allowing them to nominate tokens to be in the NEXT Pool, so that others can then pick it for prediction.
If a user believes in the potential of a token, but it’s currently not in the Futures NEXT pool, they can nominate it with a Nomination Seed of 2,000 USDT.
If the nomination is successful, your Nomination Seed transforms into Picks for the nominated token, with a 30-day Lock-in Period. After this period, you may withdraw them as USDT, provided the token hasn’t been listed.
Please note: should your token nomination not be successful, the entire Nomination Seed of 2,000 USDT will be refunded to your Futures Account.
Flexibility
Futures NEXT offers a unique, stress-free environment for users to participate in token predictions. Users can always withdraw their picks and convert them back to USDT after a Lock-in Period, ensuring that you can engage in the excitement of predicting future listings without the fear and stress of potential losses. This model encourages broader participation, inviting users to test their market predictions with greater confidence.
Community Engagement
Futures NEXT also aligns Binance more closely with its community. Users have the freedom to nominate any token, a process that keeps Binance responsive to new trends and interests, thereby strengthening community involvement. However, while user input is crucial, please note that it doesn’t guarantee a listing. Ultimately, Futures NEXT aims to create a more interactive, rewarding, and insightful experience for the whole community, encouraging greater participation and engagement along the way.
How to Get Started with Futures NEXT
Engaging with Futures NEXT is a straightforward process designed to be accessible for users of all levels of experience with Binance. Here’s a simple step-by-step guide:
1 / Acquiring Picks
Explore the NEXT Pool: The NEXT Pool displays all the tokens currently available for prediction. Review the contenders. Which tokens do you believe will be listed next?
Acquire Picks: Decide on the token(s) you predict will be listed next. Acquire Picks at 1 USDT each. You can have as many as 100 Picks in total (and allocate them to a maximum of 3 tokens simultaneously).
2 / Nominating Tokens
Nominate a Token: If your preferred token isn’t in the NEXT Pool, nominate it with a Nomination Seed of 2,000 USDT. This step requires you to input your token of choice via the “search and nominate” function, and submit it for review.
Wait for Approval: Your nomination will undergo a review process. If approved, the token will be added to the NEXT Pool, and the Nomination Seed converted into Picks tied to your nominated token, allowing others to predict its listing as well (those Picks will be locked for 30 days). If rejected, the entire Nomination Seed will be refunded.
3 / Managing Picks & Rewards
Withdraw or Reallocate Picks: If you change your mind, you can retract your Picks after a 3-day lock-in period to convert them back in to USDT on your futures account, or reallocate them to other tokens in the pool.
Claim Rewards: Successfully predicting a token listing or having your nominated token listed results in rewards. Follow the instructions provided to claim your vouchers.
4 / Stay Engaged
Referral Activities: Boost your involvement by leveraging our referral incentives. For every pick your referrals make, you get an additional pick yourself — so if someone you referred acquires 20 Picks, you’ll receive 20 Picks as a bonus. Please note that this won’t be immediately available at launch, but will be made available at a later stage.
The Leaderboard: Additionally, immerse yourself in our community through the Futures NEXT leaderboard. This highlights the top predictors and referrers. It’s not just about the rewards; it’s about recognition and the thrill of competition!
Embrace Binance Futures and What’s Coming Next
Futures NEXT is more than just a feature; it’s a platform designed to engage, reward, and empower the community. By participating, you’re not only testing your market knowledge, but also contributing to the vibrancy of the ecosystem.
Whether you’re making predictions, nominating tokens, or simply exploring the possibilities, Futures NEXT offers a unique opportunity. Are you ready to explore the future of token prediction and earn rewards for your insights?
Simply log in to your Binance Futures account, or register one if not already done, and navigate to the Futures NEXT section to get started. Don’t have a futures account yet? Join the Binance community today and begin your journey. Predict, participate, and prosper!
Further Reading
Disclaimer: Users are unable to withdraw and convert their Picks and Nomination Seeds back to USDT during the specified Lock-in Period. This could mean the funds remain illiquid until the end of this period. Binance has the sole discretion to choose tokens for listing based on its internal standards and is under no obligation to be influenced by users' predictions and nominations. Binance is not liable for any losses you may incur and does not provide financial advice. For more information, see our Terms of Use and Risk Warning.