TechFlow news — Binance has released an announcement detailing the specific usage rules for Futures NEXT.
How Futures NEXT works:
-
Users can purchase "selection coins" in the Futures NEXT pool at a price of 1 USDT per coin. These "selection coins" can be used to predict tokens that are likely to be listed on Binance's U.S. dollar-margined futures markets. Each user may allocate up to 100 "selection coins" per potential token;
-
For each successful prediction, users will receive USDT futures trial vouchers or USDT trading fee discount coupons based on the number of "selection coins" they previously committed. The more "selection coins" a user commits, the higher the value of coupon rewards they can earn;
-
Users can also nominate new potential listing tokens to the Futures NEXT platform by spending "nomination coins" worth 2,000 USDT. Once a nomination is approved, the "nomination coins" will convert into "selection coins," increasing the nominator’s stake in predictions for that token;
-
Please note: Users may withdraw their "selection coins" at any time after the lock-up period and redeem them back into USDT. Futures NEXT provides a zero-risk platform enabling users to interact with the community, share market insights, and earn rewards.
How to use Futures NEXT:
Step 1: Log in to your Binance Futures account.
Step 2: Make predictions on Futures NEXT by acquiring "selection coins" or by nominating a new token in the Futures NEXT pool.
Step 3: Earn USDT futures trial vouchers or USDT trading fee discount coupons for every correct prediction.
