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    Binance Exchange Returns MANA Trading Contest

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    article image
    Antony Koroid
    The winning contest will share a prize pool of 1.875 mn MANA tokens, which are now traded at a price of $0.72 per token
    Mon, 3/12/2018 - 11:40
    Binance Exchange Returns MANA Trading Contest
    Cover image via U.Today
    Read U.TODAY on
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    One of the world's largest cryptocurrency exchanges, Binance announced a MANA trading competition from the Ethereum blockchain-powered virtual reality platform by Decentraland.

    The contest starts on December 4 and will last until December 11, 2018.

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    Recently, Binance’s own Binance coin or BNB token and its Trust Wallet were included in the scheduled virtual land plots auction from Decentraland, which will be held for the second time.

    Advertisement

    The winning contest will share a prize pool of 1.875 mn MANA tokens, which are now traded at a price of $0.72 per token. The winner will also get a plot of land, branded by Binance Exchange itself.

    During the competition, the participants will be divided according to the volume of MANA they trade on the exchange. The first 100 of them will win a share of the 1.8 mn of tokens set aside by the hosts. The winner also will get the right to own a virtual land plot.

    The remaining 7500 MANA tokens will be distributed among the 10 lucky ones chosen by a random blind draw. Traders with trading volumes of at least 30,000 will be able to participate in it.

    At the same time, the exchange warned that cryptocurrency investments are the subject of high market risk. Binance shall not be liable for any direct, indirect or consequential damages resulting from trading competition.

    Related
    Bitcoin Still Keeping At $4,000 Level, But Top Ten Coins Declining
    Mon, 12/03/2018 - 09:11
    Bitcoin Still Keeping At $4,000 Level, But Top Ten Coins Declining
    Yuri MolchanYuri Molchan

    A year ago, the exchange decided to celebrate the MANA coin listing with a raffle of 3.77 mn of coins among its fans around the world. Users were ranked from 1 to 100 based on their total MANA purchase volume on Binance during the promotion period.

    Binance is one of the world's leading cryptocurrency exchanges. The company was founded in China, but after the cryptocurrency trading was banned in that country, it moved its servers and headquarters to Japan. In January 2018, it was the largest cryptocurrency exchange with a market capitalization of $ 1.3 bn.

    Decentraland company provides virtual reality products built using blockchain technology, as well as a platform for out-of-development.

    #Binance Coin News
    About the author
    article image
    Antony Koroid

    The journalist with 10 years of experience in print and digital media. Last 2 years deeply immersed into the cryptocurrency & blockchain technology area.

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