Binance in its 9th round of Binance’s “Community Coin of the Month” competition has listed IQ token as a candidate along with other four cryptocurrencies. If IQ wins this round, it will be listed on Binance for free.
Binance is the largest cryptocurrency exchange with a daily volume of 1,179,947,272$ (at the time of writing the post). IQ getting listed on Binance will open its door to a large market outside of the EOS community. It will also increase the likelyhood of other EOS tokens getting listed on Binance.
Binance released this article detailing the instructions and rules about how the voting process works. They have set the following rules:
Only users with total trading volume of at least 0.01 BTC in their past 30 day trading history will be eligible to participate in the vote.
Only accounts that were registered before 2018/08/22 0:00 AM (UTC) will be eligible to participate in the vote.
Voting Period: 2018/08/27 10:00 AM (UTC) to 2018/08/31 10:00 AM (UTC).
Voting Link: https://www.binance.com/vote.html
Each registered user can vote for multiple candidates but will only be able to submit their full vote once. Users will need to pay 0.1 BNB per candidate in their vote (i.e. 0.2 BNB will be deducted if 2 candidates are selected).
At the end of the voting period, we will review the votes garnered by each candidate for final review.
As always, we reserve the right to adjust the weightings of each vote. Source
Here’s how to vote.
First, visit https://www.binance.com/vote.html and you will see the potential options shown like the screenshot below:
Check the box beside Everipedia (IQ) like shown in the screencap above and press vote. You will be asked to confirm the vote with a warning message like this:
Press “Yes” and your vote will be counted. Also, a fee of 0.1 BNB will be taken away from your balance. Make sure to have a BNB balance higher than that.