Exchange
Blockchain and crypto asset exchange
Academy
Blockchain and crypto education
Broker
Trading terminal solutions
Charity
Blockchain charity foundation
Cloud
Enterprise exchange solutions
DEX
Fast and secure decentralized digital asset exchange
Labs
Incubator for top blockchain projects
Launchpad
Token Launch Platform
Research
Institutional-grade analysis and reports
Trust Wallet
Binance's official crypto wallet
Buy Crypto
Markets
App StoreGoogle PlayAndroid
Scan to Download
Desktop
English/USD
Support Center
Announcement
Latest Activities
Utrust (UTK) Trading Competition - $50,000 to be Won!
Binance
2020-11-18 08:15
Binance and the Utrust team have committed a total of 50,000 USD in UTK tokens as prizes to celebrate UTK now being available to trade using isolated margin.
Competition period: 2020/11/19 00:00 AM to 2020/11/25 11:59 PM (UTC)
Promotion A: NEW USER Exclusive Rewards of 10,000 USD in UTK!
All users who register for a Binance account during the competition period and complete any 1 of the 2 tasks below will share an exclusive prize pool of 10,000 USD in UTK tokens.
  • Trade 10,000 UTK or more (buys & sells) in any UTK trading pair.
  • Deposit 10,000 UTK or more in a Binance account from an external wallet or another exchange.
Promotion B: UTK Trading Competition
All users with a total trading volume of 60,000 UTK or more during the competition period will share a pool of 40,000 USD in UTK tokens, based on the proportion of each user‘s total UTK trading volume.
Reward Calculation:
The reward for each qualified user = (Each user’s total effective trading volume / all qualified users’ total effective trading volume) * $40,000 in UTK tokens.
Additional Margin Promotion Benefits:
  • 0% borrowing interest on UTK margin trading pairs.
  • Trading volume completed via margin will be multiplied by a coefficient of 3.
  • All users that borrow UTK from Binance Margin will enjoy VIP+1 borrowing limit.
Terms & Conditions:
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your voucher via Account > Reward Center.
  • The validity period for the cash voucher is set at 7 days from the day of distribution.
  • How to Redeem a Cash Voucher.
  • 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.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of UTK/USDT trading pairs during the competition period as the UTK/USDT exchange rate used for distribution.
  • Trading volume counts both buys and sells, excluding any wash trades, across all UTK spot and margin trading pairs.
  • Sub-account and margin account trading volume will be combined with the master accounts 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 illegal bulk registration 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.
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.

Have more questions?submit a request
Related Articles
FIL Trading Competition Has Now Concluded