This is a general announcement and the products and services mentioned here may not be available in your area.
Event time: 18:00 on November 8, 2022 to 07:59 on December 9, 2022 (East Eighth District time)
Binance has launched a new activity reward for dual-currency investment users. Ordinary users and VIP users will have the opportunity to receive up to 1,000 BUSD equivalent tokens each. Users participating in this event are also eligible to participate in the VIP and institutional investor program for dual-currency investment users, which extends VIP benefits to all eligible dual-currency investment users.
[Click to participate]
How to qualify for awards:
All eligible users who choose to participate in the event can each receive up to 1,000 BUSD equivalent tokens, depending on the total dual-currency investment subscription during and after the event.
Therefore, the qualifying incremental dual-currency investment subscription amount will be the lower of the following subscription amounts:
The overall incremental dual-currency investment subscription amount is equivalent to:
(Total dual-currency investment subscription as of 07:59 on December 9, 2022 (East Eight District time)) - (Total dual-currency investment subscription as of 07:59 on November 8, 2022 (East Eight District time))
At 07:59 on December 9, 2022 (East Eighth District time), the total amount of dual-currency investment subscriptions on settlement dates in 2023 or later
Reward structure:
Example of calculation of qualifying incremental dual-currency investment subscription amount:
Users made various dual-currency investment subscriptions before the event started, and reached a total dual-currency investment subscription of US$200,000 at the first snapshot time at 07:59 on November 8, 2022 (Eastern Eighth District time).
At the end of the event, users subscribed for additional dual-currency investment products. By the second snapshot time of 07:59 on December 9, 2022 (Eastern Eighth District time), the total subscription amount of dual-currency investment reached US$350,000. The overall incremental dual-currency investment subscription amount is US$150,000.
scene one:
For example, if a user has a dual-currency investment subscription worth US$100,000 at the end of the event, the settlement date is 2023 or later.
Since the total Dual Currency Investment subscription amount for subscriptions with a settlement date in or after 2023 is less than the overall incremental Dual Currency Investment subscription amount (i.e. $150,000), the previous value of $100,000 will be considered the qualifying incremental Dual Currency Investment subscription amount . Afterwards, users will be eligible to receive 100 BUSD equivalent tokens.
See the chart below for explanation:
Scene two:
If a user has $200,000 worth of dual-currency investment subscriptions at the end of the campaign and the settlement date is in 2023 or later, the total incremental dual-currency investment subscription amount (i.e. $150,000) is lower than if the user has a dual-currency investment subscription with a settlement date in 2023 or later. Coin investment subscription amount.
Therefore, the total incremental dual-currency investment subscription amount will be regarded as the qualified incremental dual-currency investment subscription amount, and the user will be eligible to receive 100 BUSD equivalent tokens.
See the chart below for explanation:
How to participate:
Step 1: Click the [Participate in Event] button at the top of the event page.
Step 2: Subscribe for any dual-currency investment product.
Step 3: Select a dual-currency investment subscription with a settlement date of 2023, and subscribe for more dual-currency investment products to obtain a higher token amount.
[Click to participate]
to know more information:
What is Binance Dual Currency Investing
Upgraded VIP and institutional investor plans for dual-currency investment users
terms and Conditions:
Only users who successfully register by clicking the [Participate in Event] button will be eligible to successfully participate in the event and receive rewards;
Users must complete identity verification to receive rewards;
All subscription amounts will be based on the closing price on the day of subscription and calculated in equivalent BUSD;
Once subscribed, you will not be able to cancel your subscription or redeem it in advance;
Rewards will be distributed within 2 weeks after the event ends. You can log in to your account and click Account > Distribution to view the rewards;
The reward token coupon is valid within 14 days after it is issued. How to use the handling fee coupon;
Binance reserves the right to immediately disqualify any participant who shows signs of fraudulent behavior.
Binance reserves the right at its sole discretion and/or to modify or change these terms and conditions at any time without prior notice, including without limitation canceling, extending, terminating or suspending this promotion, the eligibility terms and criteria, the selection and number of winners and At the time any action is taken, all participants shall be bound by these revised terms.
Additional event terms and conditions can be viewed here.
If the translation of the terms and conditions of this event is inconsistent with the original English text, the English version shall prevail.
Binance has always attached great importance to compliance obligations, and has always strictly abided by the relevant requirements of local regulatory agencies, and please abide by the relevant laws and regulations of the country or region where you are located.
Binance reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion without prior notice.
Risk warning: Digital asset prices are volatile. The value of your investment may fluctuate and you may lose the amount invested. You will be solely responsible for your investment decisions, and Binance is not responsible for any losses that may occur. You may be better off holding the cryptocurrency and may be required to trade at a below-market rate on settlement date. This article should not be considered financial advice. Please refer to Binance Terms of Use and Risk Warning for details.