Binance and GXChain (GXS) are together committing a total of 100,000 GXS tokens to celebrate the launch of GXS being added to Isolated Margin Trading with up to 5x leverage in BTC and USDT trading pairs.
Competition period: 2020/08/19 0:00 AM to 2020/08/26 0:00 AM (UTC)
Promotion A: NEW USER Exclusive Rewards, 20,000 GXS to be Won!
All users that register a new Binance account during the competition period and complete any 1 of the 2 tasks below will each win a reward of 10 GXS tokens. Rewards will be distributed on a first-come, first-served basis to the first 2,000 users that meet requirements, and will be ordered by their account registration time.
- Trade 100 GXS or more (buys & sells) in any GXS trading pairs.
- Deposit 100 GXS or more to your Binance account from an external wallet or from another exchange
Promotion B: GXS Trading Competition, 80,000 GXS to Be Won!
Users will be ranked based on the total GXS trading volume traded on their Binance account (including both buys and sells) across all GXS trading pairs during the competition period. Please note that trading volume completed via isolated margin will be multiplied by a coefficient of 3.
The reward structure is as follows:
- 1st place: 10,000 GXS tokens
- 2nd place: 6,000 GXS tokens
- 3rd place: 4,000 GXS tokens
- 4th-10th place: split 20,000 GXS tokens equally
All users with a total trading volume (including both buys and sells) of 3,000 GXS or more during the competition period will equally share a prize pool of 40,000 GXS tokens
Additional Margin Promotion Benefits:
- 0 borrowing interest on GXS margin trading pairs.
- All users that borrow GXS from Binance Margin will enjoy VIP+1 borrowing volume.
Terms & Conditions:
- If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
- GXS trading pairs eligible: GXS/USDT, GXS/BTC, GXS/ETH.
- Users that win rewards for ranking in the top 10 in the trading competition in Promotion B will not be eligible to receive rewards from the bonus reward.
- Sub-account and margin account trading volume will be combined with the master accounts standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
- Trading volume counts both buys and sells, excluding any wash trades.
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegal bulk registration accounts, self-dealing or display attributes of market manipulation, etc..
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Wallet > Account Center.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.