Users will need to join a team and participate in daily tasks to earn points.
The winning team with the most points will be crowned the “Top Dog” of the exchange.
Binance, the world’s largest cryptocurrency exchange, announced a new rewards program called “Battle of the Dogs,” where dog memecoin communities will battle it out to determine who will reign as the “Top Dog” on the platform.
The competition includes the cryptocurrency projects BabyDoge (BABYDOGE), Dogecoin (DOGE), DOGS (DOGS), FLOKI (FLOKI) and First Neiro On Ethereum (NEIRO). All regular users and those with VIP levels 1 to 3 can participate, choosing a side, completing missions and collecting points to claim part of a prize of 200,000 USD Coin (USDC) in token vouchers.
The Binance promotion will run from November 13, 2024 at 00:00 (UTC) to December 8, 2024 at 23:59 (UTC). To participate, users must log in to their Binance account, visit the main activity page and join one of the available teams. Once the team is selected, you are redirected to a mission page where They will be able to perform daily tasks to earn points according to the established reward structure.
At the conclusion of the promotion, Binance will calculate the total sum of points accumulated by each team. The team that has accumulated the most points will be crowned “Top Dog”, sharing a prize pool of 100,000 USDC.
Each user of this team will receive a part of the prize, with a limit of 50 USDC in token coupons per user. The other teams will also receive their share of the prize, with each of their members sharing 20,000 USDC, also limited to 50 USDC per user.
Additionally, the top 25 participants of the winning team, based on trading volume during the promotion period, will receive an additional coupon of 200 USDC each. It is important to note that, to be eligible for these rewards, users must have accumulated at least 5,000 total activity points. The announcement of the winning team will be made on December 9, 2024 at 00:00 (UTC), says Binance.
This event joins a series of rewards initiatives by Binance, most recently the launch of a Telegram game with $200,000 in rewards, called MoonBix.
This article was created using artificial intelligence and edited by a human Editor.