Activity period: 2021-12-07 00:00 AM to 2021-12-13 11:59 PM (UTC)
Promotion A: Learn and Earn $50,000 Prize Pool in POND Tokens
Reward 1: All users who trade 5,000 POND or more (including both buys & sells) in the eligible POND spot and margin trading pairs and participate in taking the quiz, will be qualified to share the prize pool of $15,000 in POND token vouchers. Rewards will be distributed based on the total number of correctly answered questions as a proportion of all correctly answered questions by all qualified users.
The reward for the qualified user = (Individual user’s correctly answered questions / total number of correctly answered questions from all qualified users) * $15,000 in POND token vouchers.
Reward 2: All users who trade 9,000 POND or more (including both buys & sells) in the eligible POND spot and margin trading pairs, and participate in taking the quiz and providing correct answers to all of the questions, will be qualified to equally share the prize pool of $35,000 in POND token vouchers.
Promotion B: Trade POND and Win $50,000 Prize Pool in POND Tokens!
All users who trade 30,000 POND or more during the activity period will be ranked based on the total POND trading volume traded on their Binance accounts (including both buys & sells) across eligible POND spot and margin trading pairs during the activity period. The reward structure is as follows:
1st place: $12,000 in POND token voucher
2nd place: $8,000 in POND token voucher
3rd place: $6,000 in POND token voucher
4th place: $4,000 in POND token voucher
5th place: $2,000 in POND token voucher
All other qualified participants: Split $18,000 in POND token vouchers based on each user’s total trading volume as a proportion of the qualified users’ total effective trading volume (excluding the top 5 winners)
The reward for the qualified user other than the top 5 winners = (Each user’s total effective trading volume / all qualified users other than the top 5 winners’ total effective trading volume) * $18,000 in POND token vouchers.
Terms & Conditions:
All users should click the [register now] button on this page to participate in the campaign.
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.
Binance will use the average closing price at 11:59:59 PM (UTC) of POND/USDT trading pair during the activity period as the POND exchange rate used for distribution.
Winners from Promotion A (Reward 2) will not be eligible for winning rewards from Promotion A (Reward 1).
Rewards will be distributed within 2 weeks after the activity 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.
Please make sure that you fill in your Binance UID in the Google form correctly. Failure to fill it in correctly will be regarded as a waiver of the qualification to participate in Promotion A in the activity.
Binance will combine sub-account’s and margin account’s trading volume 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 eligible POND 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. 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.