This is a general announcement. Products and services referred to here may not be available in your region.
Binance is pleased to announce a new Spot Grid Trading Bot Promotion, where all eligible users from selected Southeast Asia (SEA) countries will stand to share up to 5,000 USDT in trading fee rebate vouchers.
Promotion Period: 2023-09-30 00:00 (UTC) to 2023-10-14 23:59 (UTC)
During the Promotion Period, the first 1,000 users who confirm their participation and successfully create their first Spot Grid Trading Bot for any USDT trading pair via Bot Marketplace or the “Popular” tab on the Spot Grid Trading page, will each receive a trading fee rebate voucher of up to 5 USDT.
The value of the trading fee rebate voucher for each qualified participant is dependent on the highest total trading volume fulfilled via a Spot Grid Trading Bot during the Promotion Period. Only bots created during the Promotion Period for any USDT trading pair will count.
Rewards Structure:
How to Participate:
Step 1: Click "Register Now" on the activity page to register for the promotion.
Step 2: Create a Spot Grid Trading Bot for any USDT trading pair (e.g., BTC/USDT) via the Bot Marketplace or the “Popular” tab on the Spot Grid Trading page. If the preset parameters for the Price Range are no longer eligible, users should create another Spot Grid Trading Bot with eligible preset parameters (Tip: Bots with a shorter “Runtime” are more likely to have eligible parameters for the Price Range).
Step 3: Ensure that at least one of the Spot Grid Trading Bots for USDT trading pairs generates a total trading volume of over 10 USDT during the Promotion Period.
About Grid Trading Bot:
Grid Trading Bot is a trading bot that automates the buying and selling on spot trading. It is designed to place orders in the market at preset intervals within a configured price range, which thereby creates a grid of orders at incrementally increasing or decreasing prices.
Understanding Trading Volume:
Trading volume is the total value of executed buy and sell orders.
For example: If a Spot Grid Trading Bot executed a 5 USDT buy order and a 5 USDT sell order, the total generated trading volume would be 10 USDT.
Guides & Related Materials:
Terms & Conditions:
Only eligible users from selected SEA countries who click "Register Now" on the activity page during the Promotion Period, and have never created a Spot Grid Trading Bot prior to 2023-09-30 00:00 (UTC), will be eligible for rewards in this Promotion. Note that ineligible users cannot register with the promotion successfully.
Only users who complete identity verification by the end of the Promotion shall be eligible.
This Promotion is only available to users who are enabled for Binance Spot Grid trading, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Spot Grid trading services in each country from which the services are accessed.
In this Promotion, 1,000 qualified participants can receive 1, 3 or 5 USDT in a trading fee rebate voucher on a first-come, first-served basis.
Users should create Spot Grid Trading Bots for USDT trading pairs to qualify for rewards in this Promotion.
Trading fee rebate rewards will be distributed to eligible users within 14 working days after the end of the Promotion Period. Users will be able to login and redeem their vouchers via Profile > Rewards Hub.
The validity period for the voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior, including but not limited to wash trading, illegally bulk account registrations, self dealing, or market manipulation.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Promotion Terms and Conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
The Binance Terms and Conditions for Prize Promotions apply to this Promotion.
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.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. Trading Bots will consistently execute all orders as soon as the specified intervals are reached. Execution may even apply in situations of a rapid collapse or strong rise of a digital asset. Past performance is not a reliable indicator of future performance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
