Binance and the Elrond team have committed a total of 100,000 USD in eGLD tokens as prizes to celebrate the successful launch of Elrond Mainnet and the new listing of the native token: eGLD (available to be swapped for ERD holders here, at a fixed rate: 1 eGLD = 1000 ERD).
Competition period: 2020/09/03 7:00 AM to 2020/09/09 11:59 PM (UTC)
Promotion A: NEW USER Exclusive Promotion & Rewards of 10,000 USD in eGLD Tokens
- To participate in both promotions you will need a Binance account. Donât have one yet? Click here and receive a special 10% discount on trading fees!
- 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 eGLD tokens.
- Trade 100 eGLD tokens or more (buys & sells) in any eGLD trading pairs.
- Deposit 100 eGLD tokens or more to your Binance account from an external source
Promotion B: Trade eGLD on Binance to Win from a 50,000 USD Prize Pool of eGLD Tokens!
Users will be ranked based on the total eGLD trading volume traded on their Binance account (including both buys and sells) across all eGLD trading pairs during the competition period.
The reward structure is as follows:
- 1st place: 12,500 USD in eGLD tokens
- 2nd place: 7,500 USD in eGLD tokens
- 3rd place: 5,000 USD in eGLD tokens
- 4th-10th place: split 25,000 USD in eGLD tokens equally
Promotion C: Trade eGLD to Share 40,000 USD in eGLD Tokens!
All users with a total trading volume (including both buys and sells) of 200 eGLD or more during the competition period will equally share a prize pool of 40,000 USD in eGLD tokens.
Terms & Conditions:
- 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.
- eGLD trading pairs include EGLD/BTC, EGLD/BNB, EGLD/BUSD and EGLD/ USDT.
- Trading volume counts both buys and sells, excluding any wash trades.
- Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
- Binance will use the average closing price at 11:59:59 PM (UTC) of EGLD/USDT trading pairs during the competition period as the EGLD/USDT exchange rate used for distribution.
- Sub-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 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.