Competition period: 2021-09-09 00:00 AM to 2021-09-15 11:59 PM (UTC)
Promotion A: Learn and Earn $70,000 Prize Pool in RAMP Tokens
During the competition, users who trade 40 RAMP or more in the eligible RAMP trading pairs (including both buys & sells), and finish reading the RAMP introduction article and take the quiz, will share a prize pool of $70,000 in RAMP 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.
Reward Calculation: The reward for the qualified user = (Individual user’s correctly answered questions / total number of correctly answered questions from all qualified users) * $70,000 in RAMP token vouchers.
Promotion B: Trade RAMP and Win $30,000 Prize Pool in RAMP Tokens!
All users who trade 400 RAMP or more during the competition period will be ranked based on the total RAMP trading volume traded on their Binance accounts (including both buys & sells) across eligible RAMP trading pairs during the competition period. The reward structure is as follows:
1st place: $8,000 in RAMP token voucher
2nd place: $6,000 in RAMP token voucher
3rd place: $3,000 in RAMP token voucher
4th place: $2,000 in RAMP token voucher
5th place: $1,000 in RAMP token voucher
All other qualified participants: split $10,000 in RAMP 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)
Reward Calculation:
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) * $10,000 in RAMP token vouchers.
Additional Margin Promotion Benefits:
0% borrowing interest on RAMP margin trading pairs.
All users that borrow RAMP from Binance Margin will enjoy a VIP+1 borrowing limit.
Terms & Conditions:
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 RAMP/USDT trading pair during the competition period as the RAMP exchange rate used for distribution.
Rewards will be distributed within 2 weeks after the competition 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 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 RAMP 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.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be 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.