Binance Launches Platform Allowing Users to Bid on Future Token Listings
Nominate your token for the next pool...
Binance announced on Thursday (March 7) the launch of Futures NEXT, an initiative designed to reward users who bet on which tokens will be listed in the future on Binance Futures, its derivatives-focused service.
“Through a prediction-based mechanism, users are rewarded for accurately predicting which tokens will be listed on the Binance Futures USD-M market,” the brokerage explained in a statement, emphasizing that this is not a voting process—USD-M are based on margin contracts . per US dollar.
According to Binance, to participate, traders will need to interact with the NEXT pool, an integral part of Futures NEXT, where the selected collection of tokens will be displayed. Users can nominate up to three tokens at a time for potential future listings.
“This user-centric nomination process ensures that the pool accurately reflects the community's views and understanding of promising tokens for the future USD-M market,” an excerpt from the announcement reads.
Once nominated, any trader can bid on these assets and, if successful, will be rewarded with future trading bonus vouchers or discounts on trading commissions.
If the token is successfully registered, a 1.2 multiplier will come into play. “Therefore, instead of a simple $100 bonus voucher based on a 1:1 match, you will receive a $120 bonus voucher,” the note explains.
“Reward vouchers will be distributed within 10 days of the successful listing of the forecast tokens.”
The note also clarifies that Futures Next is not a voting platform and that the team will continue to use the current process for listing assets.
“Futures Next operates independently of the Binance listing process, focusing on accurate market forecasts rather than influencing token listings,” it concluded.
