This is a general announcement. Products and services referred to here may not be available in your region.
Binance is excited to present a new giveaway, where first-time Range Bound users can get up to 1,000 USDT in token vouchers!
Promotion: Subscribe to Your First Range Bound Product and Get Up to 1,000 USDT in Token Vouchers
Promotion Period: 2023-03-29 09:00 (UTC) to 2023-04-10 23:59 (UTC)
During the promotion period, users who click [Join Promotion] on the activity page and subscribe to their first Range Bound product will qualify to receive up to 1,000 USDT in token voucher depending on their Net Range Bound Subscription Amount during the promotion period, according to the structure below:
Reward in Token Voucher | Net Range Bound Subscription Amount (USDT Equivalent) | Number of Users* |
1 USDT | 10 ≤ Amount < 100 | 500 |
2 USDT | 100 ≤ Amount < 1,000 | 250 |
5 USDT | 1,000 ≤ Amount < 10,000 | 100 |
25 USDT | 10,000 ≤ Amount < 100,000 | 50 |
200 USDT | 100,000 ≤ Amount < 1,000,000 | 25 |
1,000 USDT | ≥ 1,000,000 | 5 |
* Notes:
- Rewards of each tier will be distributed to a limited number of eligible users on a first-come, first served basis, as shown in the table above. Please note that users may receive rewards from a lower tier, if all rewards for the tier corresponding to their Net Range Bound Subscription Amount have been fully distributed.
- Subscriptions to Range Bound products with a Potential APR that carries the “Beginner” label, will not count as qualified subscriptions in this Promotion.
How to Participate:
- Step 1: Click on the [Join Promotion] button on the activity page.
- Step 2: Subscribe to any Range Bound product for the first time.
- Step 3: Complete Range Bound subscriptions to qualify for a token voucher reward. The higher the subscription, the higher the reward.
How Does Range Bound Work?
Range Bound is a product which allows users to earn rewards when the Reference Price of their chosen digital asset stays within the selected Price Range during the entire Subscription Period.
By deciding on the portion of their Subscription Amount to be forfeited (i.e., the Subscription Amount at Risk) if the Reference Price ever touches or exceeds the Upper/Lower Range of the selected Price Range during Subscription Period, users are able to monetize their market view and potentially receive high APR in token rewards. Learn more about Range Bound products from the FAQ.
For More Information:
Terms and Conditions:
- Users should click the [Join Promotion] button to successfully participate in the promotion and be eligible for any rewards.
- Please refer to the Range Bound Terms & Conditions prior to using any products on the Binance Range Bound platform. All users must complete KYC to be eligible for any rewards.
- All subscription amounts will be calculated using the closing price at 23:59 (UTC) of the cryptocurrency to USDT exchange rate on the day of the subscription.
- Subscriptions to Range Bound products with a Potential APR that carries the “Beginner” label, will not count as qualified subscriptions in this Promotion.
- Users may not cancel their Range Bound subscriptions or redeem their assets early until the end of the subscription period.
- Rewards will be distributed by 2023-04-24. Users will be able to log in and redeem their token voucher rewards 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 voucher.
- Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
- 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 canceling, 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.
- Additional promotion terms and conditions can be accessed here.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. You may not get back the full amount invested as a portion of your subscription amount is at risk. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Long-term holding of the Range Bound product means you may increase the likelihood of you losing a portion of your subscription amount. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. Before entering into a Range Bound transaction, you should make an independent assessment of the suitability and appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.