Binance has launched a RUB and UAH trading competition where eligible users stand a chance to win exclusive NFTs and share a prize pool of $20,000 worth of DAR and ALICE tokens.
Activity period: 2021-11-08 09:00 AM to 2021-11-14 11:59 PM (UTC)
Promotion A: Trade RUB & UAH Pairs to Win Exclusive NFT Mystery Boxes
50 winners will be selected from all eligible participants who complete the tasks below during the promotion period based on Challenge rules, to receive either a Premium Kontinental Hockey League Mystery Box, OR a BabySwap Mystery Box, OR a Alice’s Farm Halloween Party Mystery Box from Binance NFT Marketplace:
Trade at least $500 on any available RUB or UAH trading pairs
Promotion B: Trade More, Earn More - Win Up to $20,000 in DAR and ALICE Tokens
A tier and the corresponding prize pool will be unlocked when the number of eligible traders hit a certain threshold. When the total number of eligible traders reach 20,000, the total value of the prize pool will increase to $20,000.
User who complete the 2 tasks below successfully will be eligible to share the trading prize pool:
Trade at least $250 worth of RUB and/or UAH (including buys and sells)
The prize distribution will be as per the table below:
* Top traders are ranked by their total trading volume (buy and sell volume) across any available RUB and UAH trading pairs during the promotion period. If the prize pool hits $20,000, the top 25 traders are eligible to share the prize.
Reward for an eligible trader = (Each user’s total effective trading volume / All top traders’ total effective trading volume) * Prize pool amount reached.
Get started now:
All users should click the [register now] button on this page to successfully participate in the promotion.
A winner can only receive 1 reward from Promotion A or B. If a winner wins both, then the winner will receive reward from Promotion B. Winners from Promotion B will not be eligible for winning rewards from Promotion A.
Binance will use the local currency to USD foreign exchange rate at 2021-11-14 11:59 PM (UTC) for the calculation of the $500 trade volume requirement.
The Mystery Boxes will be airdropped to the winners’ Binance wallet within 14 days after 2021-11-14 11:59 PM (UTC). Winners can check their rewards via Binance NFT Marketplace > User Center > Mystery Box > Collections.
Binance will use the local currency to USD foreign exchange rate at 2021-11-14 11:59 PM (UTC) for the calculation of the $250 trade volume requirement and ranking of the top traders.
Each tier and the corresponding reward pool will be unlocked according to the minimum number of eligible traders.
The top traders are ranked by trading volume (both buys and sells) in RUB and UAH amount during the competition period and the trading volume applies to all RUB and UAH spot trades.
Binance will use the closing price of DAR/BUSD and ALICE/BUSD at 2021-11-14 11:59 PM (UTC) as the DAR and ALICE exchange rates used for rewards distribution.
The rewards will be allocated in DAR and ALICE to winners’ Binance Wallets within 14 days after the competition ends. Users can see their rewards by selecting the Account Center > Wallet > Distribution.
The rewards will be distributed as 50% in DAR and 50% in ALICE.
The competition will apply to all current RUB and UAH quote and base pairs. Current pairs include: BNB/UAH, BTC/UAH, BUSD/UAH, ETH/UAH, LTC/UAH, SHIB/UAH, USDT/UAH, ADA/RUB, ARPA/RUB, ALGO/RUB, BNB/RUB, BTC/RUB, BUSD/RUB, DOGE/RUB, DOT/RUB, ETH/RUB, FTM/RUB, LTC/RUB, MATIC/RUB, NU/RUB, SOL/RUB, TRU/RUB, USDT/RUB, WAVES/RUB and XRP/RUB.
Binance will exclude any wash trades for RUB and UAH trading pairs during the competition period.
The sub-account’s 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 this activity.
Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
Binance reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence.