Binance launches points program for trading and tasks
- —Points are awarded for spot, futures, convert, P2P and fiat deposits, bStock and Square posts
- —Tasks reset daily, weekly or monthly depending on the type
- —Points must be claimed within 14 days or they expire
- —Rewards: fee cashback, free futures positions, Earn bonuses, VIP upgrades and merch
Why it matters: The program incentivizes trading volumes on the largest exchange and could intensify competition for retail activity with other CEXs.
Source: PANews
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