This is a general announcement. Products and services referred to here may not be available in your region.
To celebrate the launch of the Algo Orders platform, Binance OTC is extending a promotion for all eligible users! During the Promotion Period, all eligible users who confirm their participation and trade a total of at least 200,000 USDT equivalent via Time-Weighted Average Price (TWAP) and Percentage of Volume (POV) Algo Orders, will stand a chance to win 1,000 USDT in token voucher rewards.
Note that only trade volume for Algo Orders created and concluded (i.e., fulfilled, expired or canceled) within the Promotion Period will count.
For a limited time, no additional fees will be charged on any Algo Orders. Users will be charged the regular spot trading fees, and will be notified if there are any changes on the fees structure.
Promotion Period: 2023-12-01 00:00 (UTC) to 2023-12-31 23:59 (UTC)
Promotion A: First 10 Users to Each Receive 100 USDT
During the Promotion Period, the first ten users who confirm their participation in this Promotion and fulfill a total traded volume of at least 200,000 USDT equivalent on the Algo Orders platform, will each receive 100 USDT in token vouchers.
Promotion B: Top 20 Users to Win Up to 1,000 USDT
Users who confirm their participation in this Promotion and trade a total of at least 200,000 USDT equivalent on the Algo Orders platform during the Promotion Period, will be ranked according to their total trading volume fulfilled on the platform during the Promotion Period. The top 20 users will be rewarded as per the structure below.
Rewards Structure (in token vouchers):
1st - 5th: 1,000 USDT each
6th - 20th: 500 USDT each
The following trades do not count toward Promotion A or B:
Time-Weighted Average Price (TWAP) Orders placed on Binance Futures;
Algo Orders submitted via API;
Algo Orders on trading pairs with 0% taker fees. Refer to this link for the full list of trading pairs with promotional rates.
About Algo Orders:
Algo Orders enhance the execution of large orders and trading on pairs with low liquidity, reducing the average cost of execution and market signaling by executing orders in smaller blocks using an intelligent execution algorithm. Find out more about Algo Order trading here and access the Trading Platform to get started.
Guides & Related Materials:
Terms and Conditions:
Only users from eligible countries/regions may participate in the Promotion.
Only trading volume via Algo Orders that are concluded (i.e., fulfilled, expired or canceled) during the Promotion Period will count.
Only trading pairs supported by Algo Orders may apply.
For trading volume denominated in a cryptocurrency other than USDT, Binance will determine its equivalent value in USDT at its sole discretion.
Rewards from Promotion A and B are not mutually exclusive. Users may receive a maximum of one reward from each.
Rewards will be distributed within two weeks after the Promotion ends. Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
Sub-accounts will not be viewed as independent accounts when participating in the Promotion.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk-registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants of this Promotion shall be bound by these amendments.
Binance’s decisions with respect to all aspects of these Promotions are final and non-appealable.
Additional terms and conditions are accessible here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.