To celebrate the recent addition of BUSD Isolated Margin trading pairs, Binance is launching a BUSD trading competition with 60,000 BUSD in prizes. All users that borrow BUSD from Binance Margin during the activity period will also enjoy 50% interest discount and VIP+1 borrowing volume. During the period, the BUSD Zero Maker Fee Promotion will apply to all BUSD trading pairs.
Activity Period: 2020/07/23 0:00 AM to 2020/07/30 0:00 AM (UTC)
Promotion A: Trade BUSD on Binance to Win from a 55,000 BUSD Prize Pool
Users will be ranked based on the total BUSD trading volume traded on their Binance account (including both buys and sells) across all BUSD trading pairs (spot and margin) during the competition period.
Please note: Trading volume completed via isolated margin will be multiplied by a coefficient of 3 when calculating final trading volume for the activity.
The reward structure is as follows:
1st place: 5,000 BUSD
2nd place: 3,000 BUSD
3rd place: 2,000 BUSD
4th-10th place: split 10,000 BUSD equally
Bonus reward: All users with a total trading volume (including both buys and sells) of 5,000 BUSD or more during the competition period will equally share a prize pool of 35,000 BUSD.
Promotion B: Borrow 100 BUSD to Win 10 BUSD for New Isolated Margin Users!
Users that enable Isolated Margin and borrow at least 100 BUSD during the activity period will each win a 10 BUSD reward. Rewards will be distributed on a first-come, first-served basis to the first 500 users that meet requirements, until the 5,000 BUSD reward pool has been given out completely.
Terms & Conditions:
- Trading volume from the BUSD/USDT, BUSD/NGN, BUSD/BIDR, BUSD/IDRT, BUSD/RUB, BUSD/TRY, BUSD/ZAR trading pairs will not count towards this activity.
- Users that win rewards for ranking in the top 10 in the BUSD trading competition in
Promotion A will not be eligible to receive rewards from the bonus reward.
- Valid trading volume counts both buys and sells on spot and margin, excluding any wash trades. Trading volume completed via isolated function will be triple counted into total trading volume.
- Sub-account and margin account trading volume will be combined with the master account’s total 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, etc.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via your Distribution History 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.