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Binance Celebrates Its Second Anniversary Giving Away €100,000 In Prizes

· 08 Jul 2019 in Breaking, Crypto News
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

The popular cryptocurrency exchange Binance is celebrating its second anniversary with a new €100,000 giveaway promotion. The platform has been operating in the market for the last two years and it has been improving its services over the last months. This information was released by Binance a few hours ago on its official blog

Binance Gives Away €100,000

Binance is currently celebrating its second anniversary after being launched to the space. The exchange was created in a moment in which Initial Coin Offerings (ICOs) were expanding in the whole crypto industry. Many different projects were promoted and started, however, most of them didn’t survive. 

Just a few of these ICOs were able to succeed and participate in the token economy. Binance, an exchange that faced hard competition was able to have its place among the largest and most prestigious platforms in the market. Binance was not only able to compete with Coinbase, Bittrex or Poloniex, but it was also able to surpass them in terms of trading volume, tokens listed and features. 

Furthermore, the platform is a pioneer in other services such as Initial Exchange Offerings (IEOs) and educational content. This has allowed it to become the dominant exchange in the market and offer users exceptional services for trading digital assets. 

In order to celebrate this anniversary, the company is launching a new promotion. Users that want to participate have to invite multiple friends to register and complete their KYC on www.binance.je. In this way, each user will be able to earn €10 as a reward. Each of the users can earn up to €100. The exchange will be giving a €100,000 among its users that follow these guidelines. 

Binance wrote about it:

“To celebrate Binance’s 2nd anniversary, invite your friends to register and complete KYC on www.binance.je. You can both earn 10 EUR! Invite multiple friends and each user can earn up to 100 EUR. The total rewards for this promotion are limited to 100,000 EUR and will be distributed on a first come first served basis.”

The rewards in EUR are going to be issued within 7 working days after the promotion ends. Users can check their accounts in their Account Center. In addition to it, the exchange informed that the rewards can only be used to offset trading fees. 

According to CoinMarketCap, Binance had a trading volume of $1.57 billion in the last 24 hours. The main trading pairs were BTC/USDT, ETH/USDT and ETH/BTC, accounting for 45% of the total trading volume in the platform.

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For over two years, UseTheBitcoin has done the research, covered the news, and helped readers find the best blockchain projects. The one thing we keep coming back to is Binance.

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