In celebration of the new ONT/BTC and ONT/USDT margin trading pairs being listed on Binance.com, Binance and ONT have together committed 100,000 ONT tokens as prizes to give away to our communities worldwide.
Promotion Period: 2019/09/11 0:00 AM to 2019/09/18 0:00 AM (UTC).
Promotion A: Open a New Binance Margin Account to Share 20,000 ONT in Rewards
Users that open a new Binance margin account, successfully borrow more than 500 ONT tokens, and also trade in ONT margin pairs during the activity period will receive 20 ONT as a reward. This will continue on a first come, first serve basis until the full 20,000 ONT is distributed.
Steps to participate:
Login/register →User center →Dashboard→Margin→Open margin account
User center→Wallet→Banlance→Margin→Funds→Transfer→Borrow/Repay→Trade (ONT/BTC, ONT/USDT)
Promotion B: Trade ONT, 80,000 ONT to Give Away
All users with trading volume of at least 200 ONT (including buys & sells) across any ONT trading pairs on Binance.com (including exchange and margin markets) during the promotion period will automatically participate in the promotion. All participants will have their trading volume combined together as a group to achieve a total group trading volume goal. Users will be rewarded based on the total group trading volume reached, as displayed below.
Trading Volume Target 1:
If the total group trading volume reaches 25,000,000 ONT by the end of the promotion period, all participants will share a pool of 30,000 ONT based on the proportion of individual trading volume.
Trading Volume Target 2:
If the total group trading volume reaches 50,000,000 ONT by the end of the promotion period, all participants will share a pool of 60,000 ONT based on the proportion of individual trading volume.
Trading Volume Target 3:
If the total group trading volume reaches 75,000,000 ONT by the end of the promotion period, all participants will share a pool of 80,000 ONT based on the proportion of individual trading volume.
Terms:
- Rewards will be distributed for one final group trading volume target only and do not stack. For example, achieving Trading Volume Target 3 entitles all users to split 80,000 ONT only.
- Rewards for each user in Promotion B = (User trading volume / Total trading volume among all users in the group) × Final trading volume target reward.
- Users who meet the trading volume of 200 ONT will automatically be included in the group.
- Trading volume counts both buys and sells, excluding any wash trades.
- Participants will be able to receive rewards from both Promotion A and Promotion B.
- Trading pairs in Promotion B include ONT/BNB,ONT/BTC, ONT/ETH, ONT/PAX, ONT/USDC and ONT/USDT.
- Binance reserves the right to disqualify accounts that are deemed to be engaging in wash trading or display attributes of market manipulation.
- Rewards will be issued within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Account Center.
- Sub-account and margin account trading volume is combined with users standard trading volume in the final calculation. Sub-accounts will not be viewed as an independent account when participating in this activity.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.
