- Nov 22, 2019
- 6,959
- 1,681
I think binance has a new contest almost daily. Like some trading contest or some other promotions. I hope it gives them conversions. Why other exchanges do not use the same approach ?
They must have done some things right.Just an opinion but i think Binance pretty much monopolized the market.
Not as the classic monopoly but still they have such control over the cryptocurrency(can be seen the BNB exploding now as an indication).
Honestly?
Can't see other changes that have the privilege to "PROMISE" people free crypto.
I think binance has a new contest almost daily. Like some trading contest or some other promotions. I hope it gives them conversions. Why other exchanges do not use the same approach ?
You mean the demand increases because of contests ?In my opinion their trading contests give a good judgement for investments and help in decision making.
Around a month back I saw their trading contest for FUN Token and I purchased FUN. If I look at it today I think it was a good decision. This is just one of the examples I am sharing.
Other exchanges should totally open more such opportunities. Not sure why they don't do it. But Binance for me is also very comfortable to use.