All eligible users who opt-in to the promotion can stand to receive up to 1,000 BUSD in token vouchers each, depending on their total Dual Investment subscription amounts before and after the Promotion starts and ends respectively.
Therefore, the Eligible Incremental Dual Investment Subscription Amount will be the lower of the following subscription amounts:
Overall Incremental Dual Investment Subscription Amount, which is equivalent to:
(Total Dual Investment Subscription Amount as of 2022-12-08 23:59 UTC) - (Total Dual Investment Subscription Amount as of 2022-11-07 23:59 UTC)
The total Dual Investment subscription amount for subscriptions with a Settlement Date in 2023 or later, as of 2022-12-08 23:59 (UTC)
Calculation Examples for Eligible Incremental Dual Investment Subscription Amount:
A user makes various Dual Investment subscriptions before the start of the Promotion and reaches a total Dual Investment subscription amount of $200,000 at the first snapshot time (2022-11-07 23:59 UTC).
By the end of the Promotion Period, the user subscribes to additional Dual Investment products, and reaches a total Dual Investment subscription amount of $350,000 by the second snapshot time (2022-12-0823:59 UTC). Therefore, the OverallIncremental Dual Investment Subscription Amount is $150,000.
Scenario 1:
Take an example where a user has $100,000 worth of Dual Investment subscriptions at the end of the Promotion Period, which have a Settlement Date that is in 2023 or later.
Since the total Dual Investment Subscription Amount for subscriptions with a Settlement Date in 2023 or later is lower than the Overall Incremental Dual Investment Subscription Amount (i.e., $150,000), the former value of $100,000 will be taken as the EligibleIncremental Dual Investment Subscription Amount. The user will then qualify to receive a 100 BUSD token voucher.
See the below chart for an illustration:
Scenario 2:
If the user has $200,000 worth of Dual Investment subscriptions at the end of the Promotion Period with a Settlement Date that is in 2023 or later, the Overall Incremental Dual Investment Subscription Amount (i.e., $150,000) is lower than the total Dual Investment Subscription Amount for subscriptions with a Settlement Date in 2023 or later.
Therefore, the Overall Incremental Dual Investment Subscription Amount will be taken as the EligibleIncremental Dual Investment Subscription Amount, and the user will qualify to receive a 100 BUSD token voucher.
See the below chart for an illustration:
How to Participate:
Step 1: Click on the [Join Promotion] button on the activity page.
Step 3: Opt for Dual Investment subscriptions with a Settlement Date in 2023, and subscribe more to Dual Investment to qualify for a higher voucher amount.
Users should click the [Join Promotion] button to successfully participate in the promotion and be eligible for any rewards.
All users must complete KYC to be eligible for any rewards.
All subscription amounts will be measured in BUSD equivalent value using the closing price of the day of which the subscription happens.
Once subscribed to Dual Investment, you cannot cancel the subscription or redeem your assets early.
Rewards will be distributed within two weeks after the Promotion 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 reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessedhere.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You may be better off holding your cryptocurrency, and may be required to trade at a rate less favorable than the market rate on the Settlement Date. Not financial advice. For more information, see our Terms of Use and Risk Warning.
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