Fellow Binancians,
To celebrate the listing of TRX fiat trading pairs, Binance and Tron have collaborated to launch a trading competition. For a limited time, users will have a chance to enter into a TRX trading pair competition to win a share of a 800,000 TRX prize pool (worth ~83,000 EUR)!
Competition period: 2021-05-10 09:00 AM (UTC) to 2021-05-16 11:59 PM (UTC)
Promotion A: 315,000 TRX tokens in prize pool for users who deposit fiat or buy TRX with local currencies
200 users daily who complete either of the following tasks during the promotion period will receive 225 TRX tokens each (~22.50 EUR):
- Deposit at least 200 EUR or its equivalent in local currencies by selecting âBuy Cryptoâ > Bank Deposit and make a trade (Buy or Sell) of at least 100 EUR worth of TRX on eligible TRX fiat trading pairs
- Make a TRX purchase of at least 200 EUR via Buy Crypto > Credit/Debit Card
Depending on the transaction time when users successfully complete either of the tasks above, we will select a range of users to receive 225 TRX tokens each:
| Sequence of completing the given task each day | Total number of eligible users each day |
| 1st - 50th | 50 |
| 101th - 150th | 50 |
| 501th - 550th | 50 |
| 1,001th - 1,050th | 50 |
A total of 1,400 users over 7 days will be rewarded with 315,000 TRX tokens.
Promotion B: Top traders to share a prize pool of 485,000 TRX tokens
All users who trade a total trading volume (Buy and Sell) of 500 EUR worth of TRX or more on eligible TRX fiat trading pairs during the competition period will qualify for a trading competition to win 485,000 TRX tokens in the prize pool.
The prize pool of 485,000 TRX tokens will be exclusive to the top 100 traders, ranked by total trading volume (Buy and Sell) on eligible TRX fiat trading pairs during the competition period.
The prize distribution will be as per the table below.
| User Rank | Rewards in TRX Tokens |
| 1-10 | 293,000 *Split by volume |
| 11-20 | 4,800 each |
| 21-100 | 1,800 each |
*The top 10 users ranked by effective trading volume will share a pool of 293,000 TRX tokens (~29,300 EUR). The rewards will be split based on each userâs total trading volume as a proportion of the top 10 usersâ total effective trading volume during the competition period.
Reward Calculation:
The reward for each user in top 10 = (Each userâs total effective trading volume / top 10 usersâ total effective trading volume) * 293,000 TRX tokens
Get started by buying crypto:
- How to verify your Binance account
- How to deposit cash on Binance
- How to buy crypto with debit & credit cards
Terms & Conditions
- The promotion only applies to users from Europe, excluding users from the UK, France and Italy. Local currencies that are eligible for this promotion are EUR, TRY, AUD.
- Eligible TRX spot trading pairs: TRX/TRY, TRX/EUR, TRX/AUD.
- Binance will use the local currency to EUR foreign exchange rate at 2021-05-16 11:59 PM (UTC) for the calculation of the 100 EUR, 200 EUR and 500 EUR volume requirements.
- Total rewards across Promotions A and B are 800,000 TRX tokens for the entire campaign.
- The top 10 traders are ranked by trading volume (Buy and Sell) in TRX amount during the competition period and the trading volume only applies to TRX spot trades in eligible TRX trading pairs.
- Binance will exclude any wash trades for TRX trading pairs during the competition period.
- The sub-account trading volume will be combined with the master accountâs standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
- Each day runs from 0:00 (UTC) to 11:59 PM (UTC). The first day runs from 09:00 AM (UTC) to 11:59 PM (UTC).
- Each Binance account will be eligible for receiving one reward.
- The rewards will be allocated in TRX to winnersâ Binance Wallets within 2 weeks after the competition ends. Users can see their rewards by selecting the Account Center > Wallet > Distribution History.
- Winners from Promotion B will not be eligible for winning rewards from Promotion A.
- Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
- Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to cancelling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence.
Thanks for your support!
Binance Team
2021-05-10
Binance Team
2021-05-10
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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.
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.