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Swap Farming Trading Competition - Up to $30,000 in BNB to Be Shared!

Published on 2021-12-17 09:36

Fellow Binancians, 

A new trading competition is launching on Binance Swap Farming. All users who swap tokens during the competition period will stand a chance to share up to $30,000 in BNB.

Competition Period: 2021-12-18 00:00 (UTC) - 2021-12-31 00:00 (UTC)
Promotion A: Liquid Swap New User Exclusive Rewards - $5,000 in BNB to Be Shared!

All Liquid Swap new users who have never used Swap Farming before the promotion will get an equal share of $5,000 in BNB by reaching a minimum total swap volume of 100 USDT (buy and sell) in any Liquidity Pools on Binance Liquid Swap. The reward for each qualified user is capped at $20 in BNB.

Promotion B1: Trading Competition - $15,000 in BNB to Be Shared!

During the competition period, all users who trade in the Eligible Liquidity Pools shown below on Binance Swap Farming will be ranked by their total swap volume (buy and sell), excluding any wash trades. The top 50 users will share a pool of $15,000 in BNB

Eligible Liquidity Pools: 

  • ALICE/BTC
  • ALICE/USDT
  • AXS/BNB
  • AXS/BTC
  • DAR/BNB
  • DAR/USDT
  • GALA/BNB
  • GALA/USDT
  • MANA/BTC
  • MANA/USDT
  • SAND/BNB
  • SAND/BTC
  • TLM/BTC
  • TLM/USDT

Prize Distribution:

Ranking

Prize pool

1st - 5th

Share $2,000 in BNB, based on each user's swap trading volume proportionate to the total swap trading volume from users in this group

6th - 20th

Share $5,000 in BNB, based on each user's swap trading volume proportionate to the total swap trading volume from users in this group 

21st - 50th

Share $8,000 in BNB, based on each user's swap trading volume proportionate to the total swap trading volume from users in this group

Promotion B2: Trading Competition - Additional Prize for Top 10 Users

During the competition period, we will aggregate the swap trading volume of the top 10 users from the eligible Liquidity Pools. These users will have a chance to unlock and receive an equal share of one of three additional prize pools.

Aggregated trading volume 

Prize pool

Reward for each winner

$2 Billion

$5,000 in BNB

$500 in BNB

$3 Billion

$8,000 in BNB

$800 in BNB

$5 Billion

$10,000 in BNB

$1,000 in BNB

Guides and Related Materials:

Notes:

  • Swap trading volume will be counted toward the VIP tier review;
  • For users who are interested in participating in Binance Liquid Swap, please refer to the FAQ and the API documentation;
  • Only swap trading volume counts toward the total swap volume for all promotions (excluding all wash trades), including the final ranking in Promotion B1 and Promotion B2;
  • Sub-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 the competition;
  • During the competition, the trading volume of each token in the selected liquidity pool will be denominated in USDT and will be calculated based on the exchange rate at the end of each day;
  • Rewards will be paid out within two weeks after the competition ends in BNB based on the exchange rate of BNB/USDT on Binance at the time of distribution. You can login and check the prize via Wallet > Transaction History > Distribution;
  • 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 Promotion or Promotion Rules at our sole discretion.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not 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.