Centralized exchanges play a critical role beyond just trading. They serve as growth accelerators for emerging crypto projects. The current $ACT
I discovered that subscriber Exclusive event on BingX demonstrates three key ways CEX which includes Binance support development:
1) Liquidity Provision - By incentivizing deposits and trading activity, exchanges help projects achieve necessary market depth
2) User Acquisition - Targeted events introduce quality tokens to thousands of active traders
3) Ecosystem Support - Features like the $10,000 subsidy program show meaningful commitment to project success
This event requires a 1,500 ACT deposit, completing an initial ACT spot trade, and allows external holders to submit proof for a bonus. It showcases how strategic exchange partnerships support projects in both bear and bull markets.
