Binance, the world’s largest cryptocurrency exchange in terms of trading volume, made new announcements for six altcoins. Here are the details…
Binance Loans adds APT and POLYX
Binance has added Aptos (APT) and Polymesh (POLYX) as new loanable assets to the Binance Loans platform. cryptocoin.com As we have also reported, crypto assets backed by Binance Loans are based on interest rates. Collateral assets on this platform offer a wide variety of options for maximum loanable limits based on market conditions and internal risk management.
Binance Futures to introduce new perpetual futures contract
Binance Futures (Futures) will launch USD-M APTBUSD and COIN-M APTUSD perpetual futures contracts on October 25th at 05:30 and 05:45 CEST. A leverage of 25x is offered for APTBUSD and 20x for APTUSD. More details on USD-M and Coin-M APT contracts can be found in the table below:
New campaign for P2P platform
Binance P2P will offer a “learn-win” program for selected countries in Southeast Asia. All exchange users from Vietnam, Laos, Cambodia and Myanmar will learn about P2P. Then, he will have a chance to share 1,300 BUSD. The activity period for the said campaign will start on 25 October and end on 11 November.
Exchange launches new sweepstakes for dual investments
Binance announced that its first-time Dual Investments users will be able to share a prize pool of 50,000 BUSD. During the promotion period, the first 5,000 users who subscribe to the dual investment product for the first time will be eligible for the draw. Eligible users will continue to receive token coupons of up to 10 BUSD. However, this depends on the number of criteria met during the promotional period. The more qualified users meet the additional criteria, the more rewards they get.
For example, a person who invests in any dual investment product for the first time receives 1 BUSD. The user, who continues his Dual Investment subscription for 3 weeks, is entitled to receive 1 more BUSD. The person who makes a trade of at least 500 dollars gets another 1 BUSD. In this way, there are six criteria.
Binance launches ‘mystery box’ for Halloween
To celebrate Halloween this year, the exchange is launching a special mystery box promotion where two eligible users will be selected. These two users will equally share the prize pool of 20,000 DOGE. So each user will receive 10,000 DOGE. The promotion period started this morning, while the prize claim process will run between October 31st and November 7th. The entrance fee to this event is 1 DOGE.
10,000 BUSD will be distributed to those who play games and read news
Finally, the exchange made an announcement for those who played the Binance mini-game WODL and those who read Binance News. To join WODL, you need to read Binance News. Users with at least five correct answers in WODL will receive an equal share of the $10,000 prize pool.
