By Solomon Odunayo
Binance exchange has recently announced the giveaway of $100,000 in CHZ to celebrate the launch of the Socios.com iOS app and FC Barcelona joining the Chiliz blockchain ecosystem.
According to the report, Binance and Chiliz are collaborating for this giveaway in CHZ tokens.
The competition period is between 6th March 2020, at 00: AM and 13th March 2020, at 0:00 AM (UTC).
“Trade and Hunt Chiliz (CHZ) Tokens – $100,000 in CHZ to Giveaway!” Binance shared.
Trade and Hunt @Chiliz (CHZ) Tokens – $100,000 in $CHZ to Giveaway!https://t.co/9JAF7jByqV pic.twitter.com/c4qnWQ0Hhi
— Binance (@binance) March 5, 2020
Promotion A
Whoever interested in the two promotions must have a Binance account. New users are eligible for a 10% discount on trading fees. Interested persons can register an account via this link.
Promotion B
The second part of the promotion is based on being eligible to share 15,000 USD in CHZ tokens. All users that downloaded the Socios.com app, capture a minimum of 4 CHZ tokens and register their Binance referrer ID will share a pool of $15,000 in CHZ.
More info about this can be found here
Promotion C
The third part of the promotion has users sharing an $85,000 prize pool. In this part, all users will be ranked according to the total CHZ trading volume traded on their respective Binance accounts, across all CHZ trading pairs in the course of the competition.
The reward structure is as follows:
1st place: $20,000 USD in CHZ
2nd place: $15,000 USD in CHZ
3rd place: $10,000 USD in CHZ
4th-10th place: split $28,000 USD in CHZ tokens for $4,000 USD each
Additionally, Binance stated that users with a total volume of 100,000 CHZ or more will evenly share a prize pool of $12,000 in CHZ tokens. This is a special bonus for those that are eligible.
Binance Exchange peer-to-peer (P2P) Adds Nigerian Naira (NGN)
According to a recent announcement, Binance’s peer-to-peer (P2P) has added support for the Nigerian Naira (NGN).
#Binance P2P Adds Nigerian Naira $NGNhttps://t.co/cOm6lupm7b pic.twitter.com/SNtwdAM7nA
— Binance (@binance) March 5, 2020
Users of the exchange can now trade Bitcoin (BTC), Tether (USDT), Ethereum (BNB) and BUSD using Nigerian Naira (NGN) with zero transaction fees on the Binance P2P platform or on the Binance mobile app.