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Binance Coin (BNB), the native token of the exchange platform, Binance, is set to be listed on CoinEx tomorrow and to celebrate there will be a trading event worth 200,000 CET.
The BNB token has become a popular asset not only for traders on its parent exchange but also in its own right as a token since its conception back in 2017. In less than 3 years, perhaps owing largely to the success of Binance itself, it has managed to grow exponentially in terms of the market cap – so much so that it is a top 10 token on the reputable adjudicator, Coinmarketcap.
Aside from an investment option and as the “gas” behind both the Binance Exchange and the Binance DEX, it has many use-cases that further make it a beneficial token to own. One of the most notable is the fact users can get up to 50% discount when using it to pay fees on Binance, but it can also be used to pay directly for various other online services also. As such, whether you are a Binance user or not – and as you are interested in CoinEx listing presumably you are not – it is a good asset to own.
With this considered, it is fortunate that the token has been made available at CoinEx with deposits beginning tomorrow, February 13that 3:00 (UTC). This will be followed 6 days later with full trading going live on February, 19th with trading pairs, BNB/BTC, BNB/USDT active. During the period between these two dates, there will be a chance for existing holders of BNB to get involved in a depositing competition on the platform.
The way this will work is that for every net deposit (deposits-withdrawals) of 10 BNB users will get a reward of 100 CET. There is a maximum of 1000 CET per user which means a total of 10 deposits of 10 BNB will be required to get your full amount. However, you will have to be quick as there is 200,000 CET in total and this will be dished out on a first-come-first-served basis. The listing of BNB will then be completed on March 3rd when withdrawals go live.
If you are keen to get involved then make sure you make your way over to CoinEx.