REEF Trading Competition - $50,000 in REEF to Be Won!

Competition period: 2021-02-05 00:00 AM to 2021-02-11 11:59 PM (UTC)

Promotion A: New User Exclusive Rewards of $10,000 in REEF!

All users who registered for a Binance account during the competition period and achieve a total effective trading volume of 50,000 REEF or more (including buys & sells) across any REEF trading pair will share an exclusive prize pool of 10,000 USD worth of REEF.

Promotion B: REEF Trading Competition - $30,000 in REEF to Be Won!

The top 30 users ranked by effective trading volume will share a pool of $30,000 in REEF tokens. The rewards will be split based on each user‘s total trading volume as a proportion of the top 30 users’ total effective trading volume during the competition period.

Reward Calculation:

The REEF reward for each qualified user = (Each user’s total effective trading volume / Top 30 users’ total effective trading volume) * $30,000 in REEF tokens.

Promotion C: Trade REEF to Win from Lucky Draw for $500 in REEF Tokens

All users with a total trading volume (including both buys and sells) of 10,000 REEF or more during the competition period will qualify for a lucky draw, where 20 lucky winners will be randomly drawn to each win 500 USD in REEF tokens.

Additional Margin Promotion Benefits:

0% borrowing interest on REEF margin trading pairs.
Trading volume completed via margin will be multiplied by a coefficient of 3.
All users that borrow REEF from Binance Margin will enjoy VIP+1 borrowing limit.

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 30 days from the date of Futures account activation.
Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your voucher via Account > Reward Center.
The validity period for the cash voucher is set at 14 days from the day of distribution.
How to Redeem a Cash Voucher.
REEF trading pairs include REEF/USDT, REEF/BTC.
Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
The lucky draw rules of promotion C follow the Lucky Draw Rules Bases on Binance Chain Hash Value.
Binance will use the average closing price at 11:59:59 PM (UTC) of the REEF/USDT trading pair during the competition period as the REEF/USD exchange rate for REEF distribution.
The effective trading volume counts both buys and sells, excluding any wash trades, across REEF spot and margin trading pairs.
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.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.