How to Use Swap Farming on Binance? Best Way to Explain

Binance ,When it comes to providing the latest features in the world of blockchain, the biggest cryptocurrency exchange in the world, Binance always tries to be ten steps ahead of everyone. This notion was felt once again as Binance has introduced Swap Farming – a method through which investors world wild can swap tokens and earn 50% fee rebates during the initial farming period. 

*The initial farming period starts from 2021-11-22 00:10 (UTC) and ends on 2021-12-22 00:00 (UTC)

During the competition, all investors who exchange in liquidity pools will be entered into a draw for a share of $20,000 in BNB.
By meeting a minimum overall swap volume of 100 USDT (buy and sell) in any liquidity pools on Binance Liquid Swap, each new user who has never used Binance Liquid Swap before the campaign will get an equal portion of $5,000 in BNB. Each qualifying user will get a maximum of $20 in BNB.

While the official competition is being held, all users that swap on Binance Liquid Swap in the approved liquidity pools will be scored based on their total swap volume (buy and sell), exclusive of wash trades. The total prize, in this case, would be $15,000 which would be split among the top 50 users.

Which Cryptocurrency Pairs Are Eligible for Liquidity?

Currently, these pairs are available for Binance Swap Farming:

• BTC/USDT
• BTC/BNB
• BTC/ETH
• SHIB/USDT
• SOL/USDT
• DOT/USDT
• AVAX/USDT
• BNB/USDT
• ETH/USDT

Rewards will be handed out in BNB within two weeks after the competition’s conclusion, depending on the BNB/USDT exchange rate on Binance at the time of distribution.

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