Fellow Binancians,
Binance VIP and Institutional is launching two promotions for both VIP Loan and regular users! During the Promotion Period, VIP Loan users can enjoy discounted ETH loan rates, subject to conditions specified in Promotion A. All Binance users can also participate in Promotion B and stand a chance to receive a 100 USDT Token Voucher or a Binance Skateboard.Â
Promotion Period: 2023-05-22 15:00 (UTC) to 2023-06-05 15:00 (UTC)
Promotion A: Enjoy Discounted ETH Loan Rates While Using BETH as Collateral
During the Promotion Period, eligible VIP 1-7 users can enjoy discounted ETH loan rates while using BETH as collateral on VIP Loan, equivalent to that enjoyed by a VIP level of two levels higher. For example, a VIP 7 user will be offered loan rates equivalent to that of VIP 9. VIP 8 and 9 users will be offered further discounted rates. Please reach out to the Binance VIP Key Account Coverage team via email (vip@binance.com) or Telegram (@vip_loan_binance) for more information.Â
Notes:
BETH used as collateral for Binance VIP Loan entitles the user to ETH Staking rewards. ETH Staking rewards for BETH used as collateral will be distributed in the form of BETH to users' Spot wallets daily. Read more here.
This promotion is open to all Binance VIPs who satisfy the 72% Loan-to-Value (LTV) ratios specified under âInstitutional level capital efficiencyâ in the VIP Loan page here.
To qualify, VIP Loan users must borrow a minimum of 0.5M USDT equivalent of ETH using only BETH as collateral within one loan order group.
Promotion B: Comment and Retweet Binance VIPâs Tweet to Receive 100 USDT in Token Voucher or a Binance Skateboard
This promotion is open to both regular and VIP users who follow @BinanceVIP on Twitter. During the Activity Period, users who retweet and reply to Binance VIPâs tweet with a comment on how VIP Loan can benefit users, will qualify for this promotion.Â
Binance VIP and Institutional will evaluate the depth and relevancy of the replies by all eligible users on the Activity tweet, and select the top five participants, who will each receive a Binance Skateboard. The subsequent ten users will each receive 100 USDT in token voucher.
Guides & Related Materials:
Terms & Conditions:
All users must complete account verification to be eligible for rewards.
Promotion B:
This promotion is open to both regular and VIP users who follow @BinanceVIP on Twitter.Â
Binance VIP and Institutional will evaluate eligible usersâ tweets based on depth and relevancy of their replies to the Activity tweet.Â
The top five participants will each receive a Binance Skateboard. The following ten users will each receive 100 USDT in token voucher.Â
@BinanceVIP will contact the top five winners via Twitter to arrange for the delivery of Binance Skateboards within two weeks after the promotion ends. If a winner fails to reply within 48 hours of the reward notification, he/she will be deemed to forfeit the reward. Winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
Token voucher rewards will be distributed within two weeks after the promotion ends. Users will be able to log in and redeem their token vouchers via [Profile] - [Dashboard] - [Rewards Hub].
Token vouchers will expire within two weeks after distribution. Learn how to redeem a token voucher.
Binance reserves the right to disqualify any participants who, 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 accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-05-22
Trade on-the-go with Binanceâs crypto trading app (iOS/Android)
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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.
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