Binance is the best exchange for everyone but it seems they don't care every trader rather only the rich one! They are making rich people richer when they have no plan for every type of trader! Binance is giving away 1.1 Million USD worth BNB coin to them who will trade over 1 Bitcoin with some rules! I really don't like this type of movements!
This does not only happen at Binance, but in many exchanges do the same thing. They hold a trading competition and the winners are those who trade the most
You are right! Most of the exchange does the same type of promotion. They are not helping new traders to grow rather they are making rich people richer! I have been following them years, see they did not come with a giveaway for everyone, always they bring opportunity for the rich traders where Kucoin is doing far better! They are promoting in a more greater way as you maybe know about the Kucoinplay 1 million USDT giveaway!