Binance and JasmyCoin have committed to giving away a Tesla Model Y (worth 50,000 USDT) and a total of $20,000 in JASMY tokens.
Promotion Period: 2022-04-07 00:00 AM to 2022-04-13 11:59 PM (UTC)
Trade JASMY to Win a Tesla Model Y and $20,000 in JASMY Token Vouchers
All users who trade 100,000 JASMY or more during the promotion period will be ranked based on the total JASMY trading volume traded on their Binance accounts (including both buys & sells) across eligible JASMY spot and margin trading pairs during the promotion period. The reward structure is as follows:
- 1st place: Tesla Model Y Long Range model (worth 50,000 USDT)
- 2nd place: $6,000 in JASMY token vouchers
- 3rd place: $4,000 in JASMY token vouchers
- All other qualified participants: Split $10,000 in JASMY token vouchers based on each user’s total trading volume as a proportion of the qualified users’ total effective trading volume (excluding the top 3 winners)
Reward Calculation:
The reward for the qualified user other than the top 3 winners = (Each user’s total effective trading volume / all qualified users other than the top 3 winners’ total effective trading volume) * $10,000 in JASMY token vouchers.
Terms & Conditions:
- Only users who click the [Join the Promotion] button on this page and complete KYC by the end of the promotion period shall be eligible for any rewards.
- The Tesla Model Y reward does not include taxes, fees, and shipping fees. If you decide to pick up the Tesla Model Y, please submit a pickup video here. The JASMY team supports replacing the Tesla with an equivalent reward in JASMY tokens.
- If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
- Eligible JASMY spot and margin trading pairs: JASMY/BTC, JASMY/USDT, JASMY/BNB, JASMY/ETH and JASMY/BUSD.
- Voucher rewards will be distributed within two weeks after the activity ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
- The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
- Binance will use the average of the hourly closing prices of JASMY/USDT trading pair on 2022-04-13 (UTC) as the JASMY exchange rate used for rewards distribution.
- Trading volume counts both buys and sells, excluding any wash trades, across all eligible JASMY spot and margin trading pairs.
- Sub-account’s and margin’s account 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 trades that are deemed to be wash trades or from illegal bulk registered accounts, self-dealing or display attributes of market manipulation, etc.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.