Cryptocurrency exchange Binance has launched the Futures NEXT platform, where users can predict which tokens will be added to the futures market listing.
The platform team does clarify that Futures NEXT operates independently of the Binance listing process, and the popularity of the token on the platform does not guarantee its availability on the exchange.
“Binance maintains a rigorous and impartial listing review process, ensuring that all tokens undergo the same evaluation criteria regardless of their performance or popularity on Futures NEXT.”
Binance team
To vote for the selected asset, users must purchase the Pick stablecoin worth 1 USDT. Predictions can be made for three tokens, allocating up to 100 Picks for each. Binance users can also offer new tokens for a potential listing by depositing 2,000 USDT.
If the asset is not listed, the user will receive stablecoins back. If the prediction is correct, Binance will distribute rewards through futures trading vouchers or commission discounts within ten days of listing.
Recently, Binance has stepped up efforts to list popular tokens on its platform. Earlier this week, it announced that the Binance Futures platform would launch perpetual Toncoin (TON) futures contracts with up to 50 times leverage.
In addition, Binance announced the listing of the popular meme coin on Solana Dogwifhat (WIF), which updated its all-time high after the listing. Later, the exchange experienced a sharp increase in transaction volume on the Solana network.
