As related recently on Twitter by the CEO of Binance exchange, Changpeng Zhao, $10,000 in BNB have been allocated for grab by lucky winners in an ongoing competition dubbed“Binance Community Contest”. At the same time, Binance Futures trading volume have spiked tremendously, outplacing BTC spots.
Liquidity on Binance Futures trading is on the increase. This is an indication of consistent growth as “Binance” the largest cryptocurrency exchange, and its tokens, Binance Coin (BNB), become household names in the crypto space.
All these can only be attributed to the effort of the ever-active CEO nicknamed CZ Binance and the community members supporting his projects globally.
What Changpeng Zhao Says about Binance Futures
In a recent tweet, CEO Changpeng Zhao hinted the outstanding performance displayed by Binance Futures. In terms of increase in trading volume the trading futures recently is increasingly growing.
The fact that the said Binance Futures has been outperforming BTC spots in the past few days, made the update gain more importance.
If you haven't noticed, @binance Futures trading volume has been higher than spot (for BTC) for the last few days.
This boy's grown up real quick. pic.twitter.com/mD4q5vxxRV
— CZ Binance (@cz_binance) October 10, 2019
With excitement, CZ made another but very short captivating tweet to intensify the increase in transaction volume which Binance Futures is enjoying at the moment.
$10,000 in BNB to Be Won for Binance Futures Awareness
Via its official website, Binance exchange aired that $10,000 in BNB has been airdropped for some sets of individuals that will be discretely selected after scaling through the criteria highlighted for selection, CZ also confirmed.
The exchange had instructed interested individuals, who understand their ways around Binance Futures trading, to enlighten other novice traders on the subject matter. According to the update, this should be captured in a video and submitted. The best 10 videos will be selected for the semi-finals and be made available on the Binance YouTube Channel.
$5,000 in BNB reportedly awaits the best video presentation of the staged competition, while $2,000 in BNB will be won respectively by the second and third bests. Hence, a consolation prize of $200 in BNB will go to the rest.
The activities of the competition commenced on 5th October, 9:00AM (UTC), and ends on 19th October 2019, 9:00AM (UTC). On the website, the exchange listed the necessary aspects which the created video must cover.
As the report says, the prizes won will be distributed to the selected winners 14 working days after the end of the competition.