Less than a week after the launch of Futures NEXT, Bone ShibaSwap (BONE), BABYDOGE, AIDOGE and many other cryptocurrencies are likely go to live on the leading cryptocurrency exchange Binance. With this potential addition, Binance customers can now try to predict upcoming Binance Future listings and earn rewards if their guess is accurate.
Less than a week after the launch of Futures NEXT, Bone ShibaSwap (BONE), BABYDOGE, AIDOGE and many other cryptocurrencies are likely go to live on the leading cryptocurrency exchange Binance. With this potential addition, Binance customers can now try to predict upcoming Binance Future listings and earn rewards if their guess is accurate.
Binance introduces Futures NEXT
In anticipation of these possible quotes, Shiba Inu’s BONE saw a price increase a few days ago. This was fueled by several fervent calls from SHIB enthusiasts for Binance to list BONE.
On March 7, Binance announced the debut of Futures NEXT, a platform that allows users to interact with token listings by leveraging their market insights. Users can predict future quotes on the US dollar-denominated futures market to earn rewards. These users must purchase “Picks” for 1 USDT each in the NEXT Pool. Similarly, participants can choose their token to list on Binance Futures NEXT. To do this, each user needs a “Nomination Seed” worth 2000 USDT.
The nominations are then brought together for community voting. Accurate predictions are rewarded with USDT Futures Bonus Vouchers or USDT Trading Fee Refund Vouchers based on your assigned “Picks”.
Binance lists more tokens amid regulatory fight
In addition to democratizing the token listing process, this innovative approach is designed to drive engagement and connections for Binance users. Binance clarified that this user voting is not the standard for listing, even if the token is popular on Futures NEXT.
At the same time, the new platform is still subject to the legal and regulatory guidelines available in different regions.
Overall, Binance has tried to stay on top of its game as the leading crypto exchange amid regulatory fights. Recently, it added new trading pairs for BTC, ETH, and BNB on its platform. In addition to BONE, BABYDOGE, and AIDOGE, some of the recent token listings on Binance Futures include Ripple-associated XRP and Cardano ADA.
