Binance is offering a token reward for testing its new blockchain-powered trading platform Binance DEX, whose testnet launch was announced on Feb. 20.
“To test the hell out of @Binance_DEX, we are giving away roughly $100,000 USD equivalent, in REAL $BNB, as reward for our testnet trading competition. Come and join the fun, and help us launch the mainnet faster!” Binance CEO Changpeng Zhao wrote in a tweet.
Binance has also provided a detailed description of the Binance DEX simulated 14-days trading competition scheduled to begin on March 7, 2019.
“All users who hold at least 1 real BNB on their Binance account will be eligible to participate in this Binance DEX Simulated Trading Competition. Each Binance.com account is able to register a maximum of 20 Binance Chain addresses and will receive 200 virtual testnet BNB tokens to each address to use as their starting funds before the Binance DEX trading competition begins.”
DEX is an exchange powered by blockchain and peer-to-peer (p2p) distributed system Binance Chain. Binance DEX will reportedly support secure decentralized software and hardware wallets.