Friday, July 3, 2020
No menu items!
  • News
  • Cryptocurrency
  • Contact Us
More

    Binance to Launch $50,000 in Solana (SOL) Giveaway; See How to Qualify

    Must Read

    Justin Sun Introduces Tron (TRX) to Elon Musk after Disclaiming Interest to Use or Hold Ethereum (ETH)

    The founder and CEO of Tron (TRX), Justin Sun has some hours ago told the CEO of Tesla, Elon...

    Cardano Seals Partnership with Coinbase to Allow Users to Store and Stake ADA

    IOHK, the Cardano (ADA) developer has announced a partnership with Coinbase Custody, a cold storage provider managed by the...

    Analyst States the Resistance Ethereum (ETH) Must Break To Start New Bull Cycle

    A popular analyst and trader based in Amsterdam Ireland, Michael van de Poppe, known on Twitter as Crypto Michael,...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    Binance, the largest cryptocurrency exchange by trading volume announced that it will list Solana (SOL) on its trading platform, with a reward of $50,000 in SOL tokens for the users.

    The report of the new development was shared via the official website and Twitter handle of the Binance exchange a few hours ago.

    According to the report, trading will be opened for SOL/BNB, SOL/BTC and SOL/BUSD trading pairs on 9th April 2020, at 4:00 AM (UTC).

    The exchange further instructed its users to start depositing Solana (SOL) in readiness for trading.

    See How to Qualify for the $50,000 in Solana (SOL) Giveaway

    According to Binance exchange, the bounty promotion started on 7th April 2020, at 5:00 AM to 9th April 2020, at 0:00 AM (UTC). Within this period, a user could will up to $1,000 in SOL tokens.

    The $50,000 bounty giveaway is meant to celebrate the listing of Solana (SOL) on the exchange. Binance and Solana join hands to make the bounty promotion a reality.

    To qualify, users have to read the primer and complete the Solana Quiz provided at the bottom of the page. The interested users should also join the Solana Telegram and follow on Twitter.

    Users should as well subscribe to Solana Newsletter and refer a friend who completes the Solana Quiz. After following the steps properly, users will need to register their completion of tasks via the Solana Airdrop page.

    How Rewards Will Be Shared Among the Participants

    According to the report, the first 1,000 users to be verified for completing the 5 tasks will be rewarded with $20 in SOL each.

    Users with at least three complete and verified tasks will be included in a draw to win $10 in SOL tokens, from which 3,000 participants will be randomly selected.

    Also, the users with a minimum of four complete and verified tasks will be included in a random selection to win $100 in SOL tokens, from which 10 lucky participants will be selected.

    Conclusively, all users that complete all the 5 tasks will be added into a random draw to win $1,000 in SOL tokens, where 1 participant will be randomly selected.

    Risk Warning: Binance exchange warned its users about the risk that abounds in the cryptocurrency trading. This is due to the high volatility of digital currencies in the crypto market. Binance thereby implored its users to trade carefully and responsibly.




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Justin Sun Introduces Tron (TRX) to Elon Musk after Disclaiming Interest to Use or Hold Ethereum (ETH)

    The founder and CEO of Tron (TRX), Justin Sun has some hours ago told the CEO of Tesla, Elon...

    Cardano Seals Partnership with Coinbase to Allow Users to Store and Stake ADA

    IOHK, the Cardano (ADA) developer has announced a partnership with Coinbase Custody, a cold storage provider managed by the well-known crypto exchange, to allow...

    Analyst States the Resistance Ethereum (ETH) Must Break To Start New Bull Cycle

    A popular analyst and trader based in Amsterdam Ireland, Michael van de Poppe, known on Twitter as Crypto Michael, has some hours ago shared...

    Significance of MimbleWimble to Litecoin (LTC) As Its Testnet Launch Sets for Mid-September

    David Burkett, the Litecoin (LTC) Senior MimbleWimble Developer, has on 1st July 2020 provided an update on the progress of the protocol for the...

    Cardano’s 5 Major Innovations Announced in the First Day of Shelley Virtual Summit

    The firm behind development in the Cardano ecosystem, IOHK, started the Shelley Virtual Summit with the announcements of five major innovations. Aside from the release...

    More Articles Like This