The Binance rewards event is here: a 20 million U prize pool, no sign-up required.
It runs from 19:30 on November 2 to 8:00 a.m. on November 22. Eligible users can participate directly. There are three parts in total.
First, a 100 USDT spot trading fee rebate voucher. Users who have completed KYC can claim it in the Rewards Hub. After that, 30% of their spot trading fees will be rebated, with the USDC credited to their spot account the next day.
Second, trade to share 20 million U. During the event, if your cumulative eligible trading volume across spot, margin, Convert, futures, bStocks, and stocks reaches 10,000 U, you’ll automatically enter the prize pool. Rewards are distributed in proportion to your share of the total volume, capped at 4,000 U per person, and will be paid out within seven business days after the event ends.
Third, earn boosted yields on Simple Earn. Flexible USDT and USDC, RWUSD, and BFUSD offer up to 10% APY, but rates are tiered. For example, flexible USDC starts at around 3% base APY, with an additional 7% in tiered rewards for balances from 0 to 10,000 U. To earn the tiered rewards, you first need to subscribe with any amount to activate them.
There are just three steps: complete KYC, claim your voucher in the Rewards Hub, then trade or subscribe as applicable. No additional sign-up is needed.
A bit of context: last week, 6.3 billion U was stolen, and Binance covered around 95% of the losses out of its own pocket. Withdrawals resumed in phases on November 1, with all 15 networks open in the first phase. Now it’s turning around and putting up 20 million U in rewards—the pace is certainly fast.
Will you claim the voucher first to save on trading fees, or go straight for the boosted yields?
It runs from 19:30 on November 2 to 8:00 a.m. on November 22. Eligible users can participate directly. There are three parts in total.
First, a 100 USDT spot trading fee rebate voucher. Users who have completed KYC can claim it in the Rewards Hub. After that, 30% of their spot trading fees will be rebated, with the USDC credited to their spot account the next day.
Second, trade to share 20 million U. During the event, if your cumulative eligible trading volume across spot, margin, Convert, futures, bStocks, and stocks reaches 10,000 U, you’ll automatically enter the prize pool. Rewards are distributed in proportion to your share of the total volume, capped at 4,000 U per person, and will be paid out within seven business days after the event ends.
Third, earn boosted yields on Simple Earn. Flexible USDT and USDC, RWUSD, and BFUSD offer up to 10% APY, but rates are tiered. For example, flexible USDC starts at around 3% base APY, with an additional 7% in tiered rewards for balances from 0 to 10,000 U. To earn the tiered rewards, you first need to subscribe with any amount to activate them.
There are just three steps: complete KYC, claim your voucher in the Rewards Hub, then trade or subscribe as applicable. No additional sign-up is needed.
A bit of context: last week, 6.3 billion U was stolen, and Binance covered around 95% of the losses out of its own pocket. Withdrawals resumed in phases on November 1, with all 15 networks open in the first phase. Now it’s turning around and putting up 20 million U in rewards—the pace is certainly fast.
Will you claim the voucher first to save on trading fees, or go straight for the boosted yields?
