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Mdex (MDX) Trading Competition - $100,000 in Rewards to Be Won!

Mdex (MDX) Trading Competition - $100,000 in Rewards to Be Won!

2021-06-01 11:09
Competition period: 2021-06-02 0:00 AM to 2021-06-08 11:59 PM (UTC)
Promotion A: New User Exclusive Prize Pool of $30,000 in MDX Tokens
  • All users who register for a Binance account during the competition period and trade 500 MDX or more effective trading volume (including both buys & sells) in any eligible MDX trading pairs will equally share a prize pool of $20,000 in MDX tokens.
  • All users who make a net deposit (deposit minus withdrawal) of 200 MDX tokens or more in their Binance accounts from an external source (excluding internal transfers on Binance) will equally share a prize pool of $10,000 in MDX tokens.
Promotion B: Trade MDX and Win a Share of $70,000 in MDX Tokens
All users who trade 2,500 MDX or more during the competition period will be ranked based on their total MDX trading volume (including both buys & sells) in any eligible MDX trading pairs during the competition period. The reward structure is as follows:
  • 1st place: $15,000 in MDX tokens
  • 2nd place: $10,000 in MDX tokens
  • 3rd place: $5,000 in MDX tokens
  • 4th-15th places: equally split $10,000 in MDX tokens
  • All other qualified participants: split $30,000 in MDX tokens based on each user’s total trading volume as a proportion of all qualified users’ total effective trading volume (excluding the top 15 winners)
Reward Calculation:
The reward for the qualified users other than the top 15 winners = (Each user’s total effective trading volume / all qualified users other than the top 15 winners’ total effective trading volume) * $30,000 in MDX tokens.
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.
  • Eligible MDX trading pairs: MDX/USDT, ​​MDX/BTC, MDX/BNB.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of ​​MDX/USDT trading pair during the competition period as the MDX exchange rate used for distribution.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
  • The validity period for the token voucher is set at 14 days from the day of distribution. Learn How to Redeem a Token Voucher.
  • Sub-account and margin account trading volume will be combined with the master account’s 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, across all ​​MDX spot and margin trading pairs.
  • 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.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.