Binance Announces BTT Give Away Trading Competition of 200 Million BitTorrent Tokens

As per an all new blogpost released by Binance a couple of hours back, the firm has announced the successful launch of the BTT token on its native 'Launchpad' platform. In addition to this, the firm has also committed a total of 200,000,000 BTT that will be doled out as prizes to customers based all across the globe. Some Takeaways From Today's Announcement Binance users with "net deposits" (excluding withdrawals) of 1,500,000 BTT or more will be eligible to procure a portion of the 50,000,000 BTT prize-pool that has been set aside for initial investors. The top-100 traders on the platform will get to share a pool of 100,000,000 BTT coins. The distribution will be based on the proportion of their "own BTT trading volume against the total trading volume of the top 100 traders during the competition period". The Reward Share of Each Individual Will be Calculated Using the Following Formula: Rewards for each user in the top 100 =