Binance, the biggest crypto exchange in terms of trading volume, has announced the listing of peaq ($PEAQ) on its Binance Alpha platform. Apart from $PEAQ’s onboarding on Binance Alpha, Binance has also announced exclusive trading competition and an exclusive airdrop to boost community engagement. The platform took to social media to provide the details of this development.
Binance Lists $PEAQ on Binance Alpha Along with Exclusive Airdrop
By listing peaq ($PEAQ) on Binance Alpha, the purpose of Binance is to provide several opportunities for the community. In this respect, it is conducting a trading competition and airdrop campaign. These developments provide the community with several opportunities to engage with the overall $PEAQ ecosystem and earn rewards.
Hence, eligible Binance Alpha consumers can claim 643 $PEAQ tokens to be disseminated in a couple of distinct phases. They are designed to back community engagement. As per the announcement, Phase 1 will last for the first eighteen hours. During this phase, the consumers with a minimum of 234 Binance Alpha Points will be permitted to claim early airdrop share. The respective priority access guarantees the early rewards for active community participants.
Following that, Phase 2 will last for up to six hours. In this phase, consumers will require 180 Alpha Points at minimum to claim the airdrop at priority basis. Additionally, until the conclusion of the pool’s distribution or the 24-hour event’s completion. Apart from that, each claim will consume up to 15 Alpha Points while the consumers will be required to confirm claims within twenty-four hours on the Alpha Events page. After that, unconfirmed claims will be ultimately forfeited.
Crypto Exchange Also Plans Trading Competition for $PEAQ, Bringing New Rewarding Opportunities
Along with the airdrop, Binance will also conduct a trading competition with $PEAQ tokens. For this purpose, the crypto exchange has allocated a staggering amount of nearly 10,505,000 $PEAQ tokens. Further details about this competition, including prize distribution systems, timeframes, and rules, are expected soon. Keeping this in view, the competition focuses on bolstering liquidity, increasing visibility, and driving volume of the trading pairs of $PEAQ on Binance. Overall, these events encourage Binance consumers to participate early to enhance rewarding opportunities and contribute to the ecosystem expansion.
