Big Binance Announcement for Shiba Inu (SHIB) and Dogecoin (DOGE) Traders: Details

TL; DR

Binance has introduced a special initiative, where qualified meme coin traders can join groups to complete missions and collect reward points. The company has supported several meme coins over the past several months and helped add some trading pairs to the platform.

‘Meme Wars'

The world's largest cryptocurrency exchange – Binance – Introduced one Interesting An initiative called “Meme War: Doge vs Shiba Inu”. According to the terms, users can join the Dogecoin team or its rival to complete daily missions and collect. Points.

“After the activity is over, we will calculate which team has collected the highest number of points together,” the company said.

The first 50,000 participants of the winning team will each receive a prize of up to $50. The first 20,000 participants of the losing team will also pocket the same prizes.

The top 25 users from the winning side (with the highest turnover during the promotion period) will receive an additional $200 prize.

“Only users who have confirmed their participation in the campaign will be eligible for the prize. To be considered an eligible participant, users must fulfill all the requirements during the promotion period,” he said.

Participants must accumulate at least 3,000 activity points on the whole To be eligible for the gift. The winning team does Wear a crown On July 29.

Binance will issue the reward in the form of token vouchers within 30 working days. Eligible users must claim vouchers within 15 days of distribution.

Binance and Meme coins

This This is not the first promotion that the exchange has announced for Mem coin traders. In April, he He promised. A total of 10,000 FDUSD (in token vouchers) for all users He did not trade. on Binance Spot in the last 90 days.

To join the offer, eligible users must have accumulated a total transaction amount of at least $100 Certain Pairs like SHIB/EUR, SHIB/USDT, DOGE/BTC, WIF/FDUSD, PEPE/FDUSD, PEPE/TRY, FLOKI/TRY, and many more.

In the following months, the company He showed more support. Some popular meme coins. In June, WIF/EUR was added to Binance Spot and allowed the services of trading bots for the pair.

Earlier this week, the company went further, saying it would introduce WIF/USD perpetual contracts on July 23. Without owning cryptocurrencies. They offer high leverage, have no expiration date, and require traders to maintain a certain margin to maintain open positions.