Bitcoin

<p data-block-id="0badf9d7-9108-41c5-be14-45c98c2445ec"><img src="https://public.bnbstatic.com/image/cms/blog/20230327/79047548-6511-4aa8-9dd3-726c18e12872.png"><br>Today, the CFTC filed an unexpected and disappointing civil complaint, despite our working cooperatively with the CFTC for over two years.</p><p data-block-id="e5f5a323-f95d-4c67-a309-1cbfdbc23261">Upon an initial review, the complaint appears to contain an incomplete recitation of facts, and we do not agree with the characterization of many of the issues alleged in the complaint. While we will only be able to give full responses in due time, we will address a few key points below.</p><p data-block-id="446fd21e-f541-4240-8fdc-59e5446a8116"><strong>Technology for Compliance &amp; US Blocks</strong>. Binance.com has developed best-in-class technology to ensure compliance. Binance.com is the first global (non-US) exchange to implement a mandatory KYC program, and remains today to have one of the highest standards in KYC and AML. We block US users by nationality (KYC), IP (including commonly used VPN endpoints outside of the US), mobile carrier, device fingerprints, bank deposit and withdrawals, blockchain deposits and withdrawals, credit card bin numbers, and more.</p><p data-block-id="bf35c97e-8d4d-4977-8848-42d60fc1f852">We are aware of no other company using systems more comprehensive or more effective than Binance.</p><p data-block-id="c8c50638-f724-470d-a9d0-f48aef00bda6"><strong>Cooperation and Transparency with Law Enforcement.&nbsp;</strong>Binance is committed to transparency and cooperation with regulators and law enforcement (LE) — in the US and globally. Binance currently has more than 750 people in our Compliance teams, many with prior law enforcement and regulatory agency backgrounds. To date, we have handled 55,000+ LE requests, and assisted US LE freeze/seize more than $125 million in funds in 2022 alone and $160 million in 2023 so far.</p><p data-block-id="890fcda7-d281-4160-b3f6-7a6ecb9ebe0a">We intend to continue to respect and collaborate with US and other regulators around the world.</p><p data-block-id="72c9bf09-c3d0-4bf3-bcdf-7156b0429588"><strong>Registrations and Licenses. </strong>Binance.com holds the highest number of licenses/registrations globally, 16 and counting, and is well regarded by our user community.</p><p data-block-id="f7149fe5-346a-4daa-bdab-8b535c2203be"><strong>Trading. </strong>Binance.com does not trade for profit or “manipulate” the market under any circumstances. Binance “trades” in a number of situations. Our revenues are in crypto. We do need to convert them from time-to-time to cover expenses in fiat or other crypto currencies. We have affiliates that provide liquidity for less liquid pairs. These affiliates are monitored specifically not to have large profits.</p><p data-block-id="52f9ac3a-d943-4b6b-95bf-fa715525b94c">Personally, I have two accounts at Binance: one for Binance Card, one for my crypto holdings. I eat our own dog food and store my crypto on Binance.com. I also need to convert crypto from time-to-time to pay for my personal expenses or for the Card.</p><p data-block-id="5faac6f1-0b7b-4791-bd0f-866e910cf65b">Binance.com has a 90 day no-day-trading rule for employees, meaning you are not allowed to sell a coin within 90 days of your most recent buy, or vice versa. This is to prevent any employees from actively trading. We also prohibit our employees from trading in Futures. Further, we have strict policies for anyone with access to private information, such as details of listings, Launchpad, etc. They are not allowed to buy or sell those coins.</p><p data-block-id="0b47c256-1472-432e-a3c4-a725cde96080">I observe these policies myself strictly. I also never participated in Binance Launchpad, Earn, Margin, or Futures. I know the best use of my time is to build a solid platform that services our users.</p><p data-block-id="82b3f5b2-2bca-4aad-8057-14ad60f57f38">At Binance, we look for amicable solutions to all problems. We are collaborative with regulators and government agencies all around the world. While we are not perfect, we hold ourselves to a high standard, often higher than what existing regulations require. And above all, we believe in doing the right thing by our users at all times. In this journey towards freedom of money, we do not expect everything to be easy. We do not shy away from challenges.</p><p data-block-id="d1f9c7e0-e9ae-4e61-b7c2-74773a94b625">We thank you for your unwavering support!</p><p data-block-id="aaec5e77-f248-4dc6-9278-223d9415544b">CZ</p><p data-block-id="2229d7d0-8184-4fd6-b81e-724b4827fc51">CEO @Binance</p>

<h2 data-block-id="ab7fd44b-d56f-4f51-b80b-9ccec72482f2">Main Takeaways</h2><ul data-block-id="04512bee-1290-49f7-8b77-8b51b3f04bb6"><li data-block-id="d59aedb3-e6b2-4152-a7fc-cbfeec51fe15"><p data-block-id="e79c2683-2626-404f-a75d-cd646f72704b">Cristiano Ronaldo turns 38 on Sunday. Happy Birthday, CR7!</p></li><li data-block-id="6aa63ebe-7202-4e4e-9ce8-c61d1ec3af6e"><p data-block-id="aa121021-23d6-4651-998e-447eafebbf45">We’ve prepared a special giveaway that runs throughout his birthday on February 5, 2023 until 23:59 (UTC).</p></li></ul><ul data-block-id="9a5b7b5e-6715-4af7-ad2c-1b9921e140e6"><li data-block-id="201b3b2f-f9e7-4e6b-b711-cd4977cc9877"><p data-block-id="f4008f2e-875a-4b53-b2fe-75d18f8cf811">The first 38,000 users who sign up to Binance with code RONALDO will each receive a CR7 Mystery Box.</p></li></ul><p data-block-id="68a3f92b-065d-4bc0-b905-c8c573595930"><em>Sign up with referral ID RONALDO to score one of 38,000 exclusive CR7 Mystery Boxes.</em></p><p data-block-id="3606296a-6673-4cf6-bc18-4ee56916abed"><img src="https://public.bnbstatic.com/image/cms/blog/20230204/11b4621d-f50f-45eb-8894-15b32f70ebbf"></p><p data-block-id="39bc2a38-4104-4663-a1f4-ae6385f5c9d6">The football legend and world’s top goalscorer — Cristiano Ronaldo — turns 38 this Sunday.</p><p data-block-id="5b87d89c-0cd5-4b42-8b0c-7278f0804c6a">To celebrate the special occasion in Binancian style, we’re giving away 38,000 exclusive CR7 Mystery Boxes for free to new users who sign up with the referral ID ‘RONALDO’.</p><h3 data-block-id="0e1fcab9-32a4-4cf5-8043-ea6d7a763c67">Here’s how you can participate</h3><p data-block-id="5428aae3-e5c3-49da-93ef-c533204294a0">Sign up to Binance on February 5, Sunday with referral ID RONALDO, and you could receive a free CR7 Mystery Box.</p><p data-block-id="bb3bb04d-6b73-459e-9bcf-bfd6360368c0">Make sure to set a reminder on your calendar as we’re only giving away 38,000 boxes, on a first-come-first-serve basis (see terms and conditions below).&nbsp;</p><h2 data-block-id="cf09fcd4-b396-4a74-86ce-4bc0024d42fb">Terms and Conditions</h2><ul data-block-id="80cccde4-1cce-4fa2-b8ef-ee41806ed836"><li data-block-id="e9e91ecd-7801-49b3-95a8-95aed18f6108"><p data-block-id="01a1bc70-1dfa-4ce1-9ab6-f3e839b53253">The first 38,000 users to sign up using code RONALDO will receive a CR7 Mystery Box.</p></li><li data-block-id="b35e5f82-b759-4eb5-a4df-ed279884095c"><p data-block-id="6bef0792-17f8-4b8c-88aa-363d02927012">Activity period: <strong>2023.02.05</strong>.&nbsp;</p></li><li data-block-id="679b850b-31a0-40c6-9568-c015919c1d58"><p data-block-id="45e2b5ce-1377-420f-b2e0-9f84553a9d3d">Winners will be selected on 2023.02.06 and can expect to receive their prize by 2023.02.10</p></li><li data-block-id="7ab611b3-2a37-4a17-91d1-18de233b6c5a"><p data-block-id="cf6ff45d-6d8a-462d-b4ad-5a52b053d0f5">Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.</p></li><li data-block-id="02e6c644-d244-4a3d-8cb7-db0d3bf88c94"><p data-block-id="d1d97ec7-8cb4-4e86-a4a2-a2b1bd17c8a6">Binance reserves the right to cancel or amend any Activity or Activity Rules at its sole discretion.</p></li></ul><p data-block-id="7e632492-8a1c-4bf2-b647-4119e4bcd654"><em>Disclaimer: Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.&nbsp;</em></p><hr data-block-id="ca7e9d92-47a2-4bdd-9749-c44a355f0f3f"><h2 data-block-id="a105a3c2-d2eb-4e3b-a508-b2587a02551e">What is the CR7 Mystery Box?</h2><p data-block-id="661a39c0-4c37-4774-b870-9b9a9b974eb1">The CR7 Mystery Box was released to commemorate Cristiano Ronaldo’s debut NFT collection.&nbsp;</p><p data-block-id="0b76b038-dc79-4043-8b0e-99e6f29df6c0">Each box contains one of two moments from Ronaldo’s career rendered as a Stone-colored NFT statue.&nbsp;</p><ol data-block-id="128a69ea-37fb-4018-aef8-0788af500994"><li data-block-id="668a1088-4c14-4ebd-addb-54f7add759ec"><p data-block-id="275d283d-be7b-4bb3-8822-c5d265fa1c58">“The First Step” (Basic) — a Stone statue of young Ronaldo looking through the nets of a goal, limited to 777,777 NFTs.</p></li><li data-block-id="31f836cd-f881-41bf-ac0e-503ac13572ae"><p data-block-id="8b9f960a-3070-4b2b-b5d9-82baaec8d15e">“The Breakout” (Common) — a Stone statue of Ronaldo performing his legendary stepover, limited to 777,777 NFTs.</p></li></ol><h2 data-block-id="ea7b1e9e-563e-4457-a729-0735a45d1e2b">About the Collection</h2><p data-block-id="bc87595b-bdf1-4442-b831-df105a528642">The CR7 NFT collection — available exclusively on Binance — features seven iconic moments from Ronaldo’s storied football career immortalized on the blockchain in four unique rarity levels: Normal (N), Rare (R), Super Rare (SR), and Super Super Rare (SSR).&nbsp;</p><p data-block-id="a790bcd5-43eb-4e01-ab0c-86913c077a79">Learn more about the collection <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/nft/cristiano-ronaldo-the-nft-collection-5556607489226167192" customevents="[object Object]">here</a>.</p><h2 data-block-id="8a1cda44-6765-4a47-bdb6-6526b0434ad2"><img src="https://public.bnbstatic.com/image/cms/blog/20230204/459a531e-b38d-4851-a616-6b217f87b723"><br>Further Reading</h2><ul data-block-id="e70a39c2-ef0b-4956-baae-54b215d8bd49"><li data-block-id="9ba1665b-5f01-4597-8114-dd8a2e055986"><p data-block-id="9e3a3d5a-0b04-461c-8034-9970dbc20f79"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/nft/cristiano-ronaldo-the-nft-collection-5556607489226167192" customevents="[object Object]">Cristiano Ronaldo: The NFT Collection</a></p></li><li data-block-id="de5e019d-8091-4acf-a587-68d104f81371"><p data-block-id="7c5713f5-4f2a-4644-bf7b-6454977c1487"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://academy.binance.com/en/articles/a-guide-to-crypto-collectibles-and-non-fungible-tokens-nfts" customevents="[object Object]">What Is an NFT?</a></p></li><li data-block-id="bac6b6b9-3185-4146-bf74-0c104acf7426"><p data-block-id="3dd15687-3b98-4517-b56a-f0544271a03d"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/collection/the-cr7-nft-collection-645520095796019200?collections=645520095796019200&amp;isBack=1&amp;properties=Rarity-%3Evalue%3DSR_Rarity-%3Evalue%3DR_Rarity-%3Evalue%3DSSR_Rarity-%3Evalue%3DN&amp;order=amount_sort%401" customevents="[object Object]">Shop the CR7 NFT Collection (premium rarities)</a></p></li></ul><p data-block-id="55c23b65-f705-4226-a373-a9ae92b3ccce"></p>

<h2 data-block-id="bb1b2088-1789-4122-8a89-b75727333ad9">Main Takeaways</h2><ul data-block-id="645381df-a774-48f9-8003-c125833e1025"><li data-block-id="33acf3c1-3913-4ffb-a3d6-3a628e17a856"><p data-block-id="86ad2d46-b8ff-483d-9e14-408e0ce736b6">From March 22 to April 4, we’ll be running different activities, rewards, and community initiatives every day for 14 days as part of our Ramadan Calendar.</p></li><li data-block-id="2e3d913f-87ed-429a-8b4c-efa5d621c48f"><p data-block-id="651ae4d4-a369-4d50-88a2-487a0eb4ba9b">On Day 2 (March 23), we’re giving our community an exclusive chance to take part in the<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]"> Fananees Genesis NFT Collection</a>.</p></li><li data-block-id="8b698806-369d-40b5-9152-0d7c6e8c26c2"><p data-block-id="0fab9ab0-8af5-473a-92b2-e8c51f80d9d9">You can stake your NFTs in order to unlock exclusive experiences.</p></li><li data-block-id="39be0010-5c6b-4264-ae26-f94498cc5fc0"><p data-block-id="65ef452e-4eb1-47d1-8ee4-02d2044ce20e">As part of our giving back during the Ramadan Calendar, we’ve put together a prize pool worth $30,000 to be shared amongst Fananees NFT holders.</p></li></ul><p data-block-id="21d598c5-5ca9-4afa-8fad-68dfe046c92c"><em>The Fananees characters have become an integral part of Ramadan celebrations for many families in the Middle East. This year they come to Binance thanks to their debut NFT collection.</em></p><p data-block-id="6164ba98-e4aa-4b5a-9c98-4d311fef81a8"><img src="https://public.bnbstatic.com/image/cms/blog/20230322/fc6a4922-9794-4845-9598-711659bff364" href="https://www.binance.com/en/nft/staking/Fananees"></p><p data-block-id="27688418-9a1b-4588-98a4-e2d3d2432444">Ramadan Mubarak! Here at Binance, we’re embracing the positive values of kindness, giving, and community during the 2023 Ramadan period. And so, from March 22 to April 4, we’re running different activities and community initiatives (filled with rewards) each day for 14 days. It’s a way to bring our community together during this special time. Welcome to Binance’s Ramadan Calendar as we #ExchangeWithKindness.</p><h2 data-block-id="f94ebf9c-5485-4af9-b6f3-5abf3baafae6">Introducing The Fananees Genesis Collection</h2><p data-block-id="4944424a-294c-4e70-a299-a675aed194ce">On Day 2 of our Calendar, which falls on March 23, we’re giving our community an exclusive chance to take part in the <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]">Fananees Genesis NFT Collection</a>.&nbsp;</p><p data-block-id="0b117f49-7ed8-4ee2-92ce-78f57983376b">The Fananees characters were created specifically for Ramadan and first found fame on TV. The characters are particularly well-known thanks to an animated series on MBC3, a popular channel in the Middle East. Each episode featured the adventures of the Fananees as they explored different aspects of Ramadan and Islamic culture.</p><p data-block-id="076ad0ec-72b4-4d95-a460-fb5433dd7477">Known for their playful and energetic personalities, the Fananees engage in adventures and experiences that teach children about the importance of sharing, kindness, and cooperation. Through their stories, the Fananees aim to inspire young viewers to embrace the values of Ramadan and to have fun while learning about their faith.</p><p data-block-id="c32f9193-d78b-407d-b4bd-d53538426eff">This Ramadan, the Fananees are coming to Web3, thanks to the MBC Group — one of MENA’s leading media and entertainment companies. It was MBC that first brought the Fananees into existence on TV, and it’s MBC that is now bringing these popular Ramadan characters to the exciting world of digital collectibles. The MBC team plans to launch 6,000 Fananees NFTs. Of those, 1,000 Fananees NFTs will be sold at 0.08 ETH each via Binance NFT’s launchpad, and our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/faq/what-is-binance-nft-subscription-mechanism-and-how-to-participate-ca84113a81c2471f99d1a7942ccf1795" customevents="[object Object]">Subscription Mechanism</a>.</p><p style="text-align: center" data-block-id="7babc628-a8b0-442d-8c62-04c7de0a10ab"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]">Subscribe now to the Fananees NFT Launchpad</a></p><h2 data-block-id="2112ffda-2cae-4b47-836c-bb18023d0c2e">Fananees NFT Utilities</h2><p data-block-id="d8423d4b-e4e7-4476-95de-28db2544d8ee">Owning a Fananees NFT means you’re part of the next creative chapter of these much-loved characters. Better yet, you can stake your NFTs to access exclusive experiences from MBC and their partners, such as:</p><ul data-block-id="0b799970-fc72-4ca4-b43c-aefef89c7483"><li data-block-id="616b447c-7ed2-4cb7-ab17-c344825a7c30"><p data-block-id="c32c04fb-48a9-43bd-ad27-44a5c8e3e2be">VIP access to MBC events</p></li><li data-block-id="834142c6-e268-42ac-9a6b-c41446874d5d"><p data-block-id="2b974cdf-673b-40c7-a1d6-714269fe06f6">Celebrity meet &amp; greets</p></li><li data-block-id="88924c30-50f1-43f8-9ce4-31c1c4393677"><p data-block-id="c22aa3a6-bdd9-4620-ab03-e9eba14e1238">Appearing on popular MBC shows</p></li><li data-block-id="53ca8cc4-325a-40b4-af11-f53a010293ca"><p data-block-id="62e542e0-1494-45cf-8798-5c192fcecfb4">Limited-edition merchandise</p></li><li data-block-id="0bda4a3a-6374-4cf7-8fc4-0c77ef44cfc9"><p data-block-id="12172735-0031-4657-ad89-7b35d7a210f9">Free lifetime access to MBC’s educational platform</p></li><li data-block-id="f0802596-5e9b-446d-8086-af36479e14e1"><p data-block-id="d8860779-6a2d-4f8e-8ed9-7fbf45f7aad5">Access to the Fananees Family Club, an exclusive group where members can interact with MBC and the project founders, and contribute to the project.</p></li></ul><h2 data-block-id="d00c05af-48d8-4d98-8edb-e8f3b9c0a656">We’re Giving Away Rewards Worth $30,000&nbsp;</h2><p data-block-id="dd070135-8057-492a-b324-1dbadf31d1ac">As part of our commitment to giving back during our Ramadan Calendar, we’ve put together a prize pool worth $30,000 to be shared amongst the Fananees Family Club.&nbsp;</p><p data-block-id="96d5bc4c-3263-4eb9-9f70-f8c0f4043ab1">All you need to do is buy and hold your Fananees NFT until Eid (April 21, 2023). The Top 100 holders will share the rewards between them. Note that the more NFTs you hold, the higher your rank and the greater your share of the rewards. For example, the top Fananees NFT holder will receive $6,000 in rewards, while the 100th place takes home $60 worth of prizes. Other bonuses include:</p><ul data-block-id="c824feba-633f-4237-883f-c4f2574bd959"><li data-block-id="bf480814-8d64-44ef-9a80-444eb97f988c"><p data-block-id="0450742c-2552-4571-a9cd-6319417888f4">A free Fananees NFT if you hold four</p></li><li data-block-id="22c405e1-7f92-4dec-bfbd-42898e5e93d8"><p data-block-id="914cf9bd-fdf7-4457-a4ae-9f8b7e01df85">An extra three NFTs to share with your friends after Eid if you hold ten</p></li><li data-block-id="879fc03a-e27d-4878-bff1-50ecede50d73"><p data-block-id="fd631ea1-8054-42c1-9000-c99620f78bae">The chance to win the Legendary NFT (the collection’s rarest) if you hold 25.</p></li></ul><h2 data-block-id="22fffe05-ff21-43be-9425-99e90cf91c05">Join Our Fananees NFT AMA</h2><p data-block-id="94d84287-da72-4c50-9d65-13f96a913711">Interested in finding out more? Then please join our exclusive “Ask Me Anything” session with the Fananees team. It will be on March 23 at 20:00 (UTC+4) on <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]">Binance Live</a> —&nbsp;our online platform where you can watch sessions from crypto thought leaders.</p><p data-block-id="fb31b360-dc6c-47ff-8ac2-c01d86c8a969">This particular session will be hosted by Moex, Community Manager MENA at Binance, who will be sharing questions from the community with:</p><ul data-block-id="664dd4b3-c86c-4684-87bc-eb54a6425077"><li data-block-id="9f91b270-4294-4c9e-a335-035c34ef05b7"><p data-block-id="971595cf-cba0-4fca-87d1-e99a53622c78">Dana Walid Haj-Ali, Fananees Community Lead</p></li><li data-block-id="30c437c2-86e6-42c6-8726-1ee0e7551647"><p data-block-id="4c1a2402-a1a7-4fba-a9a5-95322781189c">Yasser Almaamoun, Fananees Advisor&nbsp;</p></li><li data-block-id="a57bc566-9062-46ee-b8f8-162a9f85ba09"><p data-block-id="848a6b0b-5a0e-4427-a91c-db3d0021ec09">Rani Rikabi Sukkar, Director Of Marketing, MBC Group</p></li></ul><h2 data-block-id="7783f6d3-b54f-4a77-bb31-75e33c87e2e6">How To Take Part In The Fananees Genesis Collection</h2><p data-block-id="9113cb47-dc34-4a9e-9f78-88ca2f50c0a8">If you want to secure a Fananees NFT, it all begins on March 23, when you need to take part in the first of the four phases of our Subscription Mechanism.</p><p data-block-id="7a1f5e54-367e-4327-a76f-f818e22080bb"><strong>1. Preparation Phase — 2023-03-23 00:00 (UTC) to 2023-03-25 02:00 (UTC)</strong></p><p data-block-id="507c2ca8-a565-4d01-b9e2-3973ea1e7a69">Users are required to fulfill the<strong> BNB Prerequisite</strong> to participate in the NFT primary sale for the <strong>Fananees NFT Collection</strong>. Those who meet the <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/announcement/360031505011" customevents="[object Object]">minimum daily average BNB holding</a> of <strong>0.1 BNB</strong> during the Preparation Phase will be eligible to participate in the NFT primary sale.</p><p data-block-id="8d96c8b6-9db3-4be2-815d-a9426a5c38fa"><strong>2. Subscription Phase — 2023-03-25 02:00 (UTC) to 2023-03-26 09:00 (UTC)</strong></p><p data-block-id="df4cb000-194e-4a2c-86a0-13dc102d8775">Qualified users will proceed to the subscription, where they will be allocated participation tickets to join the sale. Each qualified user can only receive <strong>three</strong> participation tickets for the NFT primary sale when they meet the <strong>BNB Prerequisite</strong>.</p><p data-block-id="569a57b7-fb8f-45cb-ac8b-09ecf68e6ef1">During this phase, users are required to submit the participation tickets to the sale at the respective landing pages by clicking <strong>[Subscribe for Ticket(s)]</strong>. Only users who submit and subscribe their tickets will be qualified to participate in the sale.</p><p data-block-id="a8b859c3-8a46-4aa6-ae18-159a853a0733">After users subscribe to the NFT primary sale, all committed participation tickets will enter a pool, where each ticket has a fair chance of winning. Each committed participation ticket will mean that the corresponding amount of <strong>0.08 ETH</strong> tokens is locked. This will only be refunded at the end of the Distribution Phase for those who do not receive a winning ticket.</p><p data-block-id="02fdbe70-5ece-434f-aaf4-95b967f7c9ba">Users can only use the available ETH balance in their Spot wallets to complete the subscription, so they should ensure that they have sufficient ETH in their Spot wallets before subscribing their participation tickets.</p><p data-block-id="ba7f71bd-2120-431e-be5a-c99cd681bacd"><strong>3. Calculation Phase — 2023-03-26 09:00 (UTC) to 2023-03-26 12:00 (UTC)</strong></p><p data-block-id="2531d895-bf28-4f80-b934-9afd6a203593">The system will select winning tickets from all committed participation tickets in a fair manner. A winning ticket allows the user to purchase a Fananees NFT in the NFT primary sale at <strong>0.08 ETH</strong>.</p><p data-block-id="0696b2f8-665d-4b31-bdfb-fef83b47acc4"><strong>4. Distribution Phase — 2023-03-26 12:00 (UTC)</strong></p><p data-block-id="0a358eb5-b115-443e-aac8-dd7e0d3d3405">Users who hold winning participation tickets will be able to purchase the NFTs in the NFT primary sale, and the ETH equivalent will be deducted accordingly. Users who do not hold winning participation tickets will have their ETH automatically returned to their Spot wallets.</p><h2 data-block-id="604bded1-7bc4-4588-9d3b-c4206ee965c3">Three Other Ramadan Calendar Activities</h2><p data-block-id="cedd3be3-f0ac-4cc0-a44b-2d86225d8282">The way our Ramadan Calendar works is that you’ll have to wait for each day to pass before a new activity is unlocked. However, there will also be three activities always available to everyone from March 22 to April 4.</p><p data-block-id="fc8b2447-ab1c-4dfd-8708-c94ce366d651">The three activities are:</p><ol data-block-id="ce27c239-8857-4145-9cb1-badf62e896bf"><li data-block-id="12147521-66e3-43cb-9748-edaa9a5eb4d6"><p data-block-id="59e7ae81-8304-41dd-893e-f29879873375">Daily Mystery Boxes —&nbsp;log in daily to claim a free gift box; there will be 3,333 USDT spread across 10,000 boxes. The amount of USDT in each box will be distributed at random and capped at $3 inside a single box. You can claim one box per day for free, but please note that it is first come, first served.</p></li><li data-block-id="13b8f6e3-aab2-41a7-9905-5a22529103cb"><p data-block-id="6a2a6275-66b7-4d84-a3d9-1960ee0b3c71">Lite Referral Campaign — <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/marketing-campaign/a4cf2d36cdf0494686ce5115dbf1a970" customevents="[object Object]">refer</a> friends to Binance; both users and referred friends will be rewarded.&nbsp;</p></li><li data-block-id="599358bc-2d8c-41e7-a80d-871e4add8df6"><p data-block-id="8621d779-ae5e-4383-9b89-40152f1ad613"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://t.me/binanceexchange" customevents="[object Object]">Telegram</a> Daily Riddle —&nbsp;answer our riddles correctly, and earn rewards.</p></li></ol><p data-block-id="e2ae53d6-55d5-461c-b35a-31f79973a13c">Complete any of these on any day while our Calendar is running, and you’ll be in with a chance to share the rewards attached to each activity.</p><h2 data-block-id="46d41e6a-b5cd-47a1-8e75-f33a6ef8a1fa">Open Your Ramadan Calendar</h2><p data-block-id="f329195c-c216-4e19-aa88-2bab7892ca77">Thank you for joining us this Ramadan. It’s a time for reflection and gratitude, but also a time for generosity, charity, and community. And remember, from March 22 to April 4, you’ll be able to open a new activity window on your digital <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/ramadan-calendar-2023" customevents="[object Object]">Binance Ramadan Calendar</a> each and every day. We hope you enjoy what we’ve prepared for you, and encourage all Binancians across the world to #ExchangeWithKindness.</p><h2 data-block-id="618491b8-11cc-4b94-874c-c3968651dc0b">Further Reading</h2><ul data-block-id="b8b472fa-779c-46a1-b3b1-762be7ccc676"><li data-block-id="4794718a-d309-4e9b-aa22-33780c431a6d"><p data-block-id="9e328bc8-90fe-4f20-8c84-e6c9726ffe46"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/ramadan-calendar-2023" customevents="[object Object]">Binance Ramadan Calendar</a></p></li><li data-block-id="5d017028-a5a0-43a7-9bec-d53b6e23e27d"><p data-block-id="c205b6d1-43bd-4120-ad8f-456209c6befd"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/all/countdown-to-binances-ramadan-calendar-exchangewithkindness-1914223218429907513" customevents="[object Object]">Countdown to Binance’s Ramadan Calendar</a></p></li><li data-block-id="356d74eb-1db5-43b2-aa67-0adf32f76302"><p data-block-id="c13b79dd-5aaa-4d1b-be1e-5b541525e772"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/live" customevents="[object Object]">Binance Live</a></p></li></ul><p data-block-id="246318b5-f591-4d4f-aa11-316fe7388633"></p>