The world’s largest cryptocurrency exchange Binance has started a new trading strategy competition which awards users who employ better trading strategies than their peers. The competition will run from October 18 to November 1. The exchange will be distributing 37,000 BNB tokens as prizes, which are worth over $358,000 at current prices. The exchange announced the competition via a blog post on Thursday.
Rules of the Competition
The cryptocurrency exchange suggests that there are no restrictions on the tokens that the users want to trade, buy or sell. Users can work with as many tokens as they want. The exchange also writes that:
“You are free to select the cryptocurrencies you like to trade, buy, and sell, whether you trade one token or 50. We’re measuring for overall crypto wisdom here.”