Binance just made a spectacular announcement that is bound to cause a frenzy amongst the tech nerds. The popular cryptocurrency exchange just announced that it is going to organize a bug bounty program to detect any remaining flaws in the Binance DEX.
Although that seems like a reasonable thing to do, and something that is done by many platforms frequently, wait till you hear what Binance is willing to offer anyone who finds a bug.
The exchange has announced that it is willing to offer a bounty of up to $10,000 in BNB, for each loophole found by an user on the website, the (API) and Binance Chain.
The official announcement came via Twitter. Binance’s official account tweeted the following:

#Binance Chain Testnet Bug Bounty Program
— Binance (@binance) March 4, 2019

The guidelines of the program have also been clearly outlined. The following are the rules and regulations of the program:

The CEO of Binance, Changpeng Zhao had also retweeted the information about the bug bounty program.

To test the hell out of @Binance_DEX , we are giving away roughly $100,000 USD equivalent, in REAL $BNB , as reward for our testnet trading competition.
You have nothing to lose!
Come and join the fun, and help us launch the mainnet faster!
— CZ Binance (@cz_binance) March 1, 2019


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