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Details have been announced by Binance for Shiba Inu and Dogecoin traders. 😉

Details have been announced by Binance for Shiba Inu and Dogecoin traders. 😉

Get Ready for Binance’s ‘Battle of the Meme’ Initiative

Binance, the world’s largest cryptocurrency exchange, has recently launched an exciting campaign called the “Battle of the meme: Doge vs Shiba Inu.” With this initiative, users have the opportunity to choose between the Dogecoin team or its rival team and participate in daily missions to earn points. At the end of the activity, the team with the highest cumulative points will emerge victorious.

  • 50,000 participants from the winning team will receive rewards of up to $50 each, while the first 20,000 participants from the losing team will also get similar rewards.
  • The top 25 users with the highest trading volumes on the winning side during the Promotion Period will receive an additional $200 reward.

Users must confirm their participation in the activity to be eligible for rewards. To qualify, participants need to fulfill all requirements during the Promotion Period.

Participants need to accumulate a minimum of 3,000 activity points to qualify for the rewards. The winning team will be announced on July 29, and rewards will be distributed in the form of token vouchers within 30 business days after the initiative ends. Claiming the vouchers is essential within 15 days of distribution.

Exploring Binance’s Relationship with Meme Coins

Binance has been actively engaging meme coin traders through various promotions. In April, the exchange offered a total reward of 10,000 FDUSD in token vouchers to users who hadn’t traded on Binance Spot in the last 90 days. To participate, users had to achieve a minimum trading volume of $100 on specific trading pairs.

  • Certain pairs included SHIB/EUR, SHIB/USDT, DOGE/BTC, WIF/FDUSD, PEPE/FDUSD, PEPE/TRY, FLOKI/TRY, and more.

In the subsequent months, Binance continued to show support for popular meme coins. For instance, in June, it added WIF/EUR to its platform and introduced trading bot services for this pair. Moreover, the exchange announced the launch of WIF/USD perpetual contracts on July 23, which allow users to speculate on the price movements of cryptocurrencies without actually owning them.

Hot Take: Engage in Binance’s Meme Coin Initiatives

Binance’s latest initiatives revolving around meme coins offer an exciting opportunity for users to participate in engaging activities and earn rewards. By joining the “Battle of the meme” campaign or exploring other promotions, you can immerse yourself in the vibrant world of meme coins while potentially reaping lucrative benefits. Stay tuned for more updates from Binance and make sure to take advantage of these unique opportunities to enhance your trading experience in the crypto space.

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Details have been announced by Binance for Shiba Inu and Dogecoin traders. 😉