Binance competitors have organized the highest trader Kaun Marathon: SRM/USDT, which is set to take place on the 3rd and 4th of September from 9 AM to 9 PM with a total prize of ₹5 42,000. SMR is listed on WazirX, where the traders can buy, sell and trade SRM in the USDT market. For traders to qualify for this competition, they must have a minimum trade volume of ₹5,000 worth of SRM and a minimum of 50 trades. Binance futures has organized a trading competition whereby they will be celebrating their launch on Quarterly Futures contracts. This will mark their third anniversary. They have invited traders to participate in the competition in which the competition includes three competitions. Binance has set an amount of $200,000 in BNB tokens as a prize to be won all through the three competitions. The competitions are set to take 15 days, from 30th June 2020, and end on 15th July 2020. Each of the three competitions has its set price. The three competitions include the “Main Trading Competition” whereby its prize pool for the winner is set to be $110,000, “Daily Lucky Draw competition” is the second competition with set prize of $45,000, and the last competition is the Daily ROI competition with an award of $45,000.
In the Main Trading Competition, all the qualified traders are ranked according to the volume they have traded, which include buying and selling during the competition time. In this competition, the more each trader trades, the high the chances of winning the competition. This competition awards the 1st to 10th position whereby the first three positions have different prizes, and the 4th position to the 10th position share the same rewards. The 1st position award is set to be $30,000 in BNB tokens, the second position $20,000, and the third position $10,000. The 4th position to 10th position share equal prize of $50,000. According to the competition volume, for a trader to win this competition, they have to appear in the top ten largest traders. In the Lucky Daily Draws, three lucky winners are selected daily and drawn whereby each winner is awarded $1,000 in BNB tokens bringing a total of $3000 in BNB tokens. For the trades to qualify for this competition, they must maintain at least a trading volume of “10 BTCUSD quarterly” contracts in each qualification period. The competition contains 15 qualification periods with each competition day starting from 000:00 AM to 11:59 PM, with the first day being 6th June 2020. The qualified traders will be displayed on the Binance landing page, whereby those winners will be announced the following day at 2:00 PM. The qualified trades are given a bonus in which they will automatically get twitter promotion qualification. They are expected to share the results of the Lucky Draw on twitter with a hashtag #BinanceQuarterlyFutures for them to get a chance to win “50 USD Binance futures Voucher”. At the end of this competition, ten winners are expected to be announced through Twitter.
In the “Daily ROI Competition,” the competition’s prize is $3,000 in BNB tokens for the top 10 traders in a day. The reward structure for the daily ROI competition states that the first position will be awarded $1,000, the second $500, the third $300, and the 4th to 10th position to receive a total of $1,200 in BNB tokens. Binance Futures allows the traders to trade to a maximum of 125x on Bitcoin hence giving high efficiency on capital and exposure to the Bitcoin and a fraction to its value in the market.
In creating a schedule of social media posts that should be published through telegram and twitter, there must be a clear definition of the posts’ goals and objectives. The plans will help in convincing the traders to take part in the competition. Again, before creating this social media schedule, one should consider every platform’s purpose in social media. For example, telegram can be used for sharing large videos, and twitter can be used to share posts that are text-based and used to link the organization news and the blog posts. The posts can be customized in that when an organization wants to share its latest blogs; it can create captions that are different for the other networks but all in one place. The third step, while creating a social media schedule, is to choose the best time within the day to post. Different audiences are believed to active on various social media at other times. It is essential to determine what time an audience is active on different social media platforms. This helps in customizing each social media platform’s task, hence providing the right content at the right time and to a suitable duration. The next step is focusing on one or two networks in which, in my case, I have chosen to major on telegram and twitter accounts. Focusing on one social media helps one to determine what the audience likes.
Furthermore, in creating a social media schedule, one should simplify the social media schedule with a Sked. Sked helps streamline the process from the beginning to the end instead of using the manual method of uploading the content. A Sked is useful in uploading many videos and images simultaneously; hence they can be customized for different social media platforms. Sked helps one measure which the performance of each social media platform and enables one to see those who are interacting with the posts, hence determining the best time the content is supposed to be posted.