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Trade SNX on Isolated Margin with Zero Interest on SNX Borrowings, $50,000 in SNX to Be Won!

2020-07-28 11:33

Binance is giving away a total of 50,000 USD in SNX tokens to celebrate SNX being added to Binance Margin Trading with 5x leverage on its BTC and USDT trading pairs. 

Competition period:  2020/07/29 00:00 AM (UTC) to 2020/08/05 00:00 AM (UTC) 

Promotion A: 10% Trading Fee Discount & Exclusive Prize Pool of 10,000 USD in SNX Tokens for New Registered Users

All users that register a new Binance account during the competition period and complete total trading volume (including both buys and sells) of 50 SNX or more will share an exclusive prize pool of 10,000 USD in SNX tokens.

Promotion B: Trade SNX on Binance to Win from a 25,000 USD Prize Pool of SNX Tokens!

Users will be ranked based on the total SNX trading volume traded on their Binance account (including both buys and sells) across all SNX trading pairs during the competition period. 

The reward structure is as follows:

1st place: 8,000 USD in SNX tokens

2nd place: 4,000 USD in SNX tokens

3rd place: 3,000 USD in SNX tokens

4th-10th place: split 10,000 USD in SNX tokens equally

Promotion C: Trade SNX to Share a Bonus 15,000 USD in SNX Tokens!

All users with a total trading volume (including both buys and sells) of 1,000 SNX or more during the competition period will equally share a prize pool of 15,000 USD in SNX tokens

Additional SNX Margin Promotion Benefits:

  • 0 borrowing interest for SNX margin trading pairs.
  • Trading volume completed via isolated margin will be multiplied by a coefficient of 3. 
  • All users that borrow SNX from Binance Margin will enjoy VIP+1 borrowing volume

Terms & Conditions:

  • 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.
  • Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C, but are able to win rewards in both Promotion A and B. 
  • SNX trading pairs include SNX/BTC, SNX/BNB, SNX/BUSD and SNX/ USDT.
  • Binance will use the average price of SNX/USDT trading pairs during the competition period as the SNX/USDT exchange rate used for distribution.
  • 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.
  • Trading volume counts both buys and sells, excluding any wash trades.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via the Distribution History page in the Account Center.
  • 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.