Binance, the world’s largest cryptocurrency exchange by trading volume, made various announcements for 6 altcoins today. Here are the details…
Binance made 2 new announcements for Project Galaxy
As we have also reported as Cryptokoin.com , the newly launched Project Galaxy (GAL) ) token, Binance made new announcements. All users who have accumulated at least 50 GAL net deposits or traded at least 35 GALs on eligible GAL spot trading pairs (buys and sells), finished reading the GAL whitepaper, and took the test during the event period will share a prize pool of $60,000 in GAL tokens.
Learn & Trade @ProjectGalaxyHQ $GAL – $75,000 in $GAL to be shared!
➡️ https://t.co/MWxZpy8RPZ pic.twitter.com/IIbOuFKEXx
— Binance (@binance) May 6, 2022
Awards as the percentage of all questions answered correctly by all qualified users will be distributed according to the total number of correctly answered questions. A $15,000 prize will be awarded to those who earn at least 20 GALs. On the other hand, the exchange opened trading for trading pairs GAL/EUR and GAL/TRY on May 6, 2022 at 13:00 Turkish time. EUR and TL are legal currencies and do not represent any cryptocurrency.
2 campaigns ended on the Exchange
According to the exchange’s other announcements, the WOO futures trading tournament and Easter collect and win promotion have ended. Users For token rewards from the WOO Futures Trading Tournament, users can view their rewards by selecting Account Center > Wallet > Distribution.
#Binance concludes two promotions:
🔸 $WOO Futures Trading Tournament
🔸 Easter Collect & Win Promotionhttps://t.co/zjv5Z3MiON— Binance (@binance) May 6, 2022
For gift card prizes from the Easter Collect & Win Promotion, winners will receive a unique They must have received an email with a Binance Gift Card redemption code and be able to claim the gift cards from the exchange’s app or Website. To use it with Binance App, you can visit home page > Profile > Gift Card.
Contract exchange ended for Dego Finance (DEGO)
Exchange completed Dego Finance (DEGO) ERC20 and BEP20 contract swap. Deposits and withdrawals are now open for DEGO (ERC20 and BEP20). Below are the important articles on this subject:
- New DEGO (ERC20) smart contract address: 0x3da932456d082cba208feb0b096d49b202bf89c8
- New DEGO (BEP20) smart contract address: 0x3da932456D800BFE249c200926800BFe249cb209256808b Deposits and withdrawals no longer supported for legacy DEGO (ERC20 and BEP20)
Binance adds Algorand (ALGO) and ENS as collateral assets
The exchange added ALGO and ENS as collateral assets on the Binance Loans (Loans) platform. Binance Loans offers a wide variety of options for supported crypto assets, interest rates, collateral assets and maximum loanable limits based on market conditions and internal risk management.
