This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is thrilled to introduce Futures NEXT, an all-new platform which allows users to earn rewards for accurately forecasting upcoming token listings on USDⓈ-M Futures without incurring any costs or risks.
How Does Futures NEXT Work
Users may acquire "Picks" for 1 USDT each at the NEXT Pool, which can be used to predict upcoming listings on the Binance USDⓈ-M futures market. Each user may allocate up to 100 "Picks" for every potential listing.
Futures NEXT is a risk-free platform for users to engage with the community, share their market insights, and earn rewards. Users can always redeem their USDT committed to “Picks” after the Lock-in Period.
For every successful prediction, users will be eligible to receive rewards in two parts:
A principal amount equal to the total amount of USDT used to acquire the “Picks” allocated for the successful prediction, distributed in USDT token vouchers.
An additional amount, determined by the number of "Picks" users allocated for the prediction previously and a rewards multiplier, distributed in USDT Futures Bonus Vouchers or USDT Futures Trading Fee Rebate Vouchers.
For unsuccessful predictions, users may withdraw "Picks" and convert them back to USDT after a Lock-in Period.
Users may also nominate new potential listings for the Futures NEXT platform with a Nomination Seed that is worth 2,000 USDT. Approved nominations will transform the Nomination Seed into "Picks", thereby broadening the scope of predictions.
How to Get Started with Futures NEXT
Login to your Binance Futures account. If you don’t have a Binance Futures account yet, please sign up here.
Proceed to make predictions at Futures NEXT by acquiring "Picks" or nominating a new token at the NEXT pool.
Get USDT Futures Bonus Voucher or USDT Trading Fee Rebate Voucher rewards for every successful prediction you make!
Notes:
The availability of the Futures NEXT platform may vary by region, subject to legal and regulatory guidelines.
While users can nominate and allocate "Picks" to tokens, the popularity of a token on the Futures NEXT platform does not guarantee its listing in the USDⓈ-M Futures market. Binance Futures maintains a rigorous and impartial listing review process, ensuring that all tokens undergo the same evaluation criteria regardless of their performance or popularity on Futures NEXT.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
For More Information:
Thank you for your support!
Binance Team
2024-03-07
Note: This announcement was updated on 2024-03-13 to add further clarifications on the rewards that users will receive for successful Futures NEXT predictions.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Users are unable to withdraw or convert their Picks or 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 or 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.
