Binance, the leading cryptocurrency exchange, has introduced a new platform called Futures NEXT. This platform allows users to predict which tokens will be added to the futures market listing on Binance.
The Futures NEXT platform is independent of the Binance listing process. The popularity of a token on this platform does not guarantee its availability on the exchange. Binance maintains a strict and impartial listing review process for all tokens, ensuring that each token undergoes the same evaluation criteria.
To participate in the prediction process, users need to purchase the Pick stablecoin worth 1 USDT. Users can predict three tokens and allocate up to 100 Picks for each. Additionally, users can suggest new tokens for listing by depositing 2,000 USDT.
If a predicted asset is not listed, users will receive their stablecoins back. However, if the prediction is correct, Binance will distribute rewards in the form of futures trading vouchers or commission discounts within ten days of the listing.
Recently, Binance has been proactive in listing popular tokens on its platform. It announced the launch of perpetual Toncoin (TON) futures contracts with up to 50 times leverage on the Binance Futures platform. Additionally, Binance listed the meme coin Dogwifhat (WIF) on Solana, resulting in an all-time high for the token and increased transaction volume on the Solana network.
Stay updated with the latest news and developments in the cryptocurrency space by exploring more articles on Global Crypto News.