Dubai-based cryptocurrency exchange CoinW has made an exciting announcement regarding the listing of Bad Idea AI (BAD), the artificial intelligence partner token of Shiba Inu, on its trading platform. The exchange has designated a special innovation zone for BAD/USDT trading pairs, and the news was shared on social media platform X.
CoinW has already begun accepting deposits for BAD, allowing users to prepare for trading, which is set to commence today at 10:00 AM (UTC). The Shiba Inu ecosystem team took the opportunity to congratulate the Bad Idea AI team on their achievement, attributing the listing to their dedication and hard work.
This listing on CoinW is expected to further enhance the adoption of BAD and potentially have a positive impact on its long-term price. CoinW is currently ranked as the 29th-largest exchange, with a daily trading volume of $1.14 billion. The exchange supports a total of 393 cryptocurrencies, including other tokens from the Shiba Inu ecosystem such as SHIB, KNINE, and SHEB.
Since its launch on May 5, 2023, BAD has seen listings on ten different crypto trading platforms, including Gate.io, Bitget, MEXC, BitMart, Poloniex, Bilaxy, and LBank. With the addition of CoinW, the number of platforms supporting this AI-focused token has now reached 11. In the past 24 hours, the price of BAD has surged by 11.7%, trading at $0.000000027, following its all-time high of $0.000000194 on August 13, 2023.
To celebrate the listing of BAD, CoinW has introduced a special bounty program with a prize pool of $10,000. The one-week program will begin today, June 4, at 10:00 (UTC) and end on June 10 at 16:00 (UTC). The bounty program is divided into five categories.
The first category is designed for new users who register an account and trade any amount of BAD/USDT during the promotion period. A prize pool of 1,000 USDT worth of BAD has been allocated for this category, with eligible users receiving a $5 airdrop on a first-come-first-served basis.
The second category is a trading competition for the BAD/USDT pair. Users who trade up to 100 USDT worth of BAD within the promotion period will have the chance to share a daily prize pool of 500 USDT in BAD. The total reward for this category is 3,500 USDT worth of BAD, with the top 10 users with the highest trading volume sharing 50% of the daily reward pool.
The third category is a referral program, where users are rewarded for inviting new users to register on CoinW and complete KYC, as well as execute any amount of BAD/USDT transactions during the promotion period. CoinW has set aside 500 USDT as the total reward pool for this category, with existing CoinW users receiving at least 3 USDT worth of BAD for each successful invitation.
The fourth category involves a social media campaign, where participants have the opportunity to win a total reward pool of 3,000 USDT worth of BAD. The campaign requires retweeting a post on CoinW’s account and completing tasks on the Gleam platform. Winners will be selected through a lucky draw, and each will receive 5 USDT worth of BAD.
Lastly, the fifth category allows users to participate in an upcoming AMA session featuring the CoinW and Bad Idea team. Participants will have a chance to win a prize of 2,000 USDT worth of BAD. More details about the AMA session will be announced soon.
It is important to note that this article provides informational content and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses that may occur.