Competition period: 2021-05-12 0:00 AM to 2021-05-18 11:59 PM (UTC)
Promotion A: New User Exclusive Prize Pool of $10,000 in EGLD Tokens
All users who register for a Binance account during the competition period and trade 3 EGLD or more effective trading volume (including both buys & sells) across eligible EGLD trading pairs will equally share an exclusive prize pool of $10,000 in EGLD tokens.
Promotion B: Trade EGLD and Win $90,000 Prize Pool in EGLD Tokens!
All users who trade 50 EGLD or more during the competition period will be ranked based on the total EGLD trading volume traded on their Binance account (including both buys & sells) across eligible EGLD trading pairs during the competition period. The reward structure is as follows:
- 1st place: $15,000 in EGLD tokens
- 2nd place: $10,000 in EGLD tokens
- 3rd place: $5,000 in EGLD tokens
- 4th-15th place: equally split $15,000 in EGLD tokens
- All other qualified participants: split $45,000 in EGLD tokens based on each user’s total trading volume as a proportion of the qualified users’ total effective trading volume (excluding the top 15 winners)
Reward Calculation:
The reward for the qualified user other than the top 15 winners = (Each user’s total effective trading volume / all qualified users other than the top 15 winners’ total effective trading volume) * $45,000 in EGLD.
Additional Margin Promotion Benefits:
- 0% borrowing interest on EGLD margin trading pairs.
- Trading volume completed via margin will be multiplied by a coefficient of 3.
- All users that borrow EGLD from Binance Margin will enjoy a VIP+1 borrowing limit.
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.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your voucher via Account > Reward Center.
- The validity period for the cash voucher is set at 14 days from the day of distribution. Learn how to Redeem a Cash Voucher.
- Eligible EGLD trading pairs: EGLD/BTC, EGLD/BNB, EGLD/ USDT, EGLD/EUR.
- Binance will use the average closing price at 11:59:59 PM (UTC) of EGLD/USDT trading pair during the competition period as the EGLD exchange rate used for distribution.
- Sub-account and margin account trading volume will be combined with the master account’s 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, across all EGLD spot and margin trading pairs.
- 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 to cancel or amend any Activity or Activity Rules at our sole discretion.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
